Global Absolute Return This strategy is a highly concentrated equity portfolio that invests according to Epoch's core investment philosophy within a portfolio of 20-30 securities, typically larger cap stocks. The Global Absolute Return strategy will use cash to mitigate downside capture. Cash positions within the portfolio will vary over time. Case for Long Only Global Absolute Return Investing View Video > Global Absolute Return Performance Select Other Products U.S. All Cap Value U.S. Value U.S. Small Cap Value U.S. SMID Cap Value U.S. Choice International Small Cap Value Global Small Cap Global Choice Global Equity Shareholder Yield Global Absolute Return Epoch Mutual Funds As of June 30, 2010 YTD 1 Year 3 Years 5 Years Since Inception Inception Date1 12/31/01 Epoch Gross Return -12.1%   11.5% -5.3% 4.1% 9.7% Epoch Net Return -12.5%   9.9% -6.7% 2.5% 8.1% S&P 500 -11.4%   14.4% -9.8% -0.8% 0.7% MSCI World (Net) -12.7%   10.2% -11.5% 0.1% 2.4% Barclays Capital U.S. Aggregate 3.5%   9.5% 7.5% 5.5% 5.7% Risk Statistics Since Inception (December 31, 2001 - June 30, 2010)2 Annual Standard Deviation Sharpe Ratio Information Ratio Alpha Beta R-Squared Epoch 13.0 0.6 Epoch vs. S&P 500 15.7 -0.1 S&P 500 1.0 9.2 0.7 0.6 MSCI World (Net) 16.6 0.0 MSCI World (Net) 0.8 8.0 0.6 0.7 Lehman U.S. Aggregate 3.8 0.9 Lehman U.S. Aggregate 0.3 10.1 0.1 0.0

Click here for Schedule of Fees. 1See End Notes (Download Adobe Acrobat Here) for further information and composite performance disclosure. 2The risk statistics are shown as supplemental information only and complement the Composite presentation which is located within the Performance Disclosure section of the End Notes. Additional information regarding policies for calculating and reporting returns is available upon request. Past performance is no guarantee of future results. © 2010 Epoch Investment Partners, Inc.