GLOBAL FUND MANAGEMENT

Experience and history are hallmarks of a good management team. With more than 100 years of collective industry expertise, we guide the Fund’s investment decisions.

The Polaris Global Value Fund is managed by its Investment Adviser, Polaris Capital Management, LLC, which makes investment decisions for the Fund. Polaris Capital Management is registered as an investment adviser with the Securities and Exchange Commission. At Polaris Capital, we have a disciplined approach to investing in undervalued companies around the world, regardless of country, industry or market capitalization. An unwavering commitment to pure value investing — time-tested over nearly three decades — has been the key to our success and that of our clients. We have one of the longest global mutual fund track records of any U.S. firm presently in operation and continuously managed by the same individuals.

Bernard R. Horn, Jr., Sumanta Biswas, and Bin Xiao are jointly and primarily responsible for the day-to-day management of the Polaris Global Value Fund with assistance from a team of investment professionals. Mr. Horn retains final decision-making authority over the Polaris Global Value Fund’s assets. Our research team searches the globe to find discounted but high-quality stocks in both developed and emerging markets. Following Polaris’ strict value criteria and fundamental security analysis, we attempt to build a well diversified portfolio and achieve above average returns with below market risk.

Learn more about the global fund management team by visiting with us at WWW.POLARISCAPITAL.COM