|1-Month||3-Month||YTD||1 Year||3 Year*||5 Year*||10 Year*|
|Dean Small Cap Value Fund||-2.28%||-1.36%||-1.59%||17.56%||8.49%||14.94%||6.38%|
|Russell 2000 Value¹||-3.11%||-3.56%||-2.86%||21.00%||7.34%||13.67%||5.31%|
|Quarterly Performance as of March 31, 2017|
|QTD||YTD||1 Year||3 Year*
||5 Year*||10 Year*|
|Dean Small Cap Value Fund||0.24%||0.24%||23.67%||8.86%||13.06%||7.09%|
|Russell 2000 Value¹||-0.13%||-0.13%||29.37%||7.62%||12.54%||6.09%|
*Periods greater than 1 year are annualized.
Gross Expense Ratio: 1.20% / Net Expense Ratio: 1.20%. Expense ratios per the 7/29/16 prospectus. Gross expenses reflect actual expenses incurred during the fiscal year ended March 31, 2016. The Fund’s advisor, Dean Investment Associates, has contractually agreed to waive its management fee and/or to reimburse certain Fund operating expenses so that annual operating expenses do not exceed 1.25% of the Fund’s average daily assets. This contractual agreement is in place through July 31, 2017.
¹Russell 2000 Value measures the performance of those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values. The performance of the index does not reflect deductions for fees, expenses or taxes. Index is not available for purchase. The Russell 2000 is an unmanaged, capitalization-weighted index of domestic small-cap stocks. It measures the performance of the 2,000 smallest publicly traded U.S. companies in the Russell 3000 Index.
Performance quoted is past performance and is no guarantee of future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-888-899-8343.