3. Partial Illustration of Fees and Expenses at a Sampling of
Mutual Funds
Asset Category Fund Name
|
Sales Charges (1) |
Annual Fees & Exp. (2) |
5 Yr Avg Return (3) |
US Large Cap Value Funds: |
(Wachovia) Evergreen Lg. Value A
|
5.75%
|
1.15%
|
17.07%
|
Merrill Lynch Basic Value A
|
5.25
|
0.80
|
17.29
|
Legg Mason Amer. Leading Co. Prime
|
0
|
1.86
|
7.76
|
Morgan Stanley Value A
|
5.25
|
1
|
17.36
|
(S. Barney)Consulting lg. Val.B
|
0
|
0.76
|
17.19
|
Lord Abbett All Value A
|
5.75
|
1.14
|
16.72
|
Fidelity Advisor Equity Value A
|
5.75
|
1.24
|
17.4
|
Guardian (RS Core Equity A)
|
4.75
|
0.93
|
13.54
|
DFA US Large Cap Value
|
0
|
0.28
|
19.12
|
US Small Cap Value Funds: |
Vanguard Small Cap Value Index
|
0
|
0.23
|
19.46
|
Merrill(Black Rock Opp.A)
|
5.25
|
1.23
|
16.90
|
|
DFA US Small Cap Value
|
0
|
0.53
|
24.32
|
Foreign Small Cap Value Funds: |
Morgan Stanley Intl Small Cap A
|
5.25
|
1.80
|
23.80
|
Vanguard Int'l Fund
|
Asset Class
|
Not
|
Offered
|
Dreyfus Founders Passport A
|
5.75
|
1.78
|
30.79
|
Amex(RiverSource Intl.Sm.Cap A)
|
5.75
|
1.81
|
27.10
|
|
DFA Intl. Small Cap Value
|
0%
|
0.70
|
34.36
|
(1) includes up-front "A" and deferred "B"
sales commissions
(2) Fund Management fees and estimated operating costs
(3) Average annual trailing returns
Data Source: Morningstar.com October 11, 2007
4. Illustration of How Management Fees and
Expenses May Cost You Your Nest Egg
| Amount Invested Today: |
$100,000 |
| Holding Period |
20 years |
| Annual Rate of Return |
10% |
Annual Fees and Expenses
|
(2%) |
| Sales Commission (load) |
(5%) |
| Value at End of 20 years |
$442,791 |
| Cost of Loads and Expenses |
$229,959 |
<--34% of your money LOST |
| |
 |
$442,791 |
10% Annual Return
20 years
|
Subtract 2% Annual
Fees & Expenses
|
Subtract Annual
2% Fees & Expenses,
and 5% Commissions |
|
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