FQ Tax-Managed U.S. Equity Fund

Overview Commentary Management Philosophy Process Performance

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First Quadrant believes that there are significant and recurring market inefficiencies, and that history can help identify which inefficiencies are profitable. Inefficiencies may be identified through on-going fundamental research conducted by First Quadrant's research team.  Incorporating this fundamental research into a quantitative model leads to a consistent, disciplined investment process. 


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 the performance data quoted. 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 and the returns and yields on the indices exclude expenses. Current performance of the Fund may be lower or higher than the performance quoted. Performance data shown is current to the most recent month end.

Downloadable Documents
Quarterly Update 3/31/08
Holdings
Prospectus
Annual Report 10/31/07
Semi-Annual Report 4/30/08
Statement of Additional Information
ManagersInsight Tax White Paper
More Forms and Applications
Fund Pricing 07/03/08
Class A
NAV: $13.49
NAV $ Change: -$0.03
NAV % Change: -0.22%
YTD Return: -10.61%

Class C
NAV: $13.29
NAV $ Change: -$0.04
NAV % Change: -0.30%
YTD Return: -10.87%

Institutional
NAV: $13.48
NAV $ Change: -$0.04
NAV % Change: -0.30%
YTD Return: -10.90%
YTD Returns are presented
No Load. For complete
information including
Performance With Load,
see Daily Pricing.


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