Fund Description

The fund was incepted in June 1984 and is managed by National City Investment Management Company. The fund invests in large, established companies that are global leaders in their industries or emerging leaders in industries with attractive growth prospects. The management team employs a variety of tools and techniques to limit portfolio turnover and capital gains distributions. The fund's management team believe that superior returns can be achieved by investing in companies, comparable to those in the Standard & Poor's 500 Index , that have above average earnings predictability and stability. The management team work to minimize taxable gains by keeping a low portfolio turnover, investing in companies that pay little or no dividend, selling depreciated securities to offset gains, and selling shares with a higher cost basis first. A proprietary quantitative model is used to evaluate all stocks before they are bought or sold. The fund offers dividends quarterly. Capital gains, if any, are distributed annually.