Systematic Mid Cap Value Fund

		Month Ending 8/31/2010 (%)					Quarter Ending 6/30/2010 (%)					Expense Ratios
Fund/Class		1 Year	3 Year	5 Year	10 Year	Life of Fund	1 Year	3 Year	5 Year	10 Year	Life of Fund	Gross	Net
Systematic Mid Cap Value Fund
Class A	NAV	11.36	-5.78	—	—	-1.75	22.81	-6.99	—	—	-2.45	1.25	1.25
Class A	Load	4.97	-7.61	—	—	-3.31	15.82	-8.80	—	—	-4.07	1.25	1.25
Class C	NAV	10.57	-6.48	—	—	-2.46	21.69	-7.69	—	—	-3.17	2.00	2.00
Class C	Load	9.57	-6.48	—	—	-2.46	20.69	-7.69	—	—	-3.17	2.00	2.00
Institutional Class	n/a	11.68	-5.55	—	—	-1.51	22.96	-6.74	—	—	-2.20	1.00	1.00
Russell Midcap® Value Index
		13.01	-6.79	0.45	6.95	—	28.91	-9.44	0.71	7.55	—

Fund Inception Date	Class A	Class C	Institutional
	12/21/2006	12/21/2006	12/21/2006
Calendar Year Returns	Class A	Class C	Institutional	Russell Midcap® Value Index
2009	33.29%	32.36%	33.66%	34.21%
2008	-37.48%	-37.92%	-37.32%	-38.44%
2007	12.79%	11.98%	13.07%	-1.42%
2006	—	—	—	20.22%

Maximum Sales Charge

Class A share maximum sales charge: 5.75%

Class C share maximum sales charge: 1.00%

Disclosure

Investors should carefully consider the Fund's investment objectives, risks, charges, and expenses before investing. For this and other information, please call 800.835.3879 or download a free prospectus. Read it carefully before investing or sending money.

The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields on the Fund are net of expenses. Unlike the Fund, the index listed is unmanaged, is not available for investment, and does not incur expenses.

Performance for periods longer than one year are annualized.

Annual expense ratio as of 07/01/2010. Managers Investment Group LLC (the “Investment Manager”) and Systematic Financial Management L.P. (“Systematic”) have contractually agreed, through July 1, 2011, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, interest, brokerage commissions, acquired fund fees and expenses, and extraordinary items) to 1.24%, 1.99%, and 0.99% of the average daily net assets of the Class A, Class C, and Institutional Class shares, respectively, subject to later reimbursement by the Fund in certain circumstances.

Risks

The Fund is subject to risks associated with investments in mid-capitalization companies, such as erratic earnings patterns, competitive conditions, limited earnings history, and a reliance on one or a limited number of products.