Fund Description

The fund was incepted in November 1999 and is managed by U.S. Bancorp Asset Management. The objective of this fund is to provide investment results that correspond to the performance of the S&P Mid Cap 400 Index. The fund invests at least 90% of its total assets in common stocks included in the S&P 400 Index. The fund attempts to achieve a correlation of at least 95% between the performance of its portfolio and that of the index, without taking fund expenses into account. Dividends are declared and paid monthly. Capital gains, if any, distributed annually.