Income Fund

The Income Fund is provided to offer maximum income with only the highest quality investments. Preservation of principal is accomplished through investments in U.S. Treasury direct obligations and guaranteed instruments, highest quality corporate bonds. Withdrawals and additions are permitted monthly on the second business day. Investment policy requires all holdings be rated "A" or better credit qualitiy by Moody's or S&P.

Flexible Income Fund

The Flexible Income Fund is provided to offer a reasonable income with some potential for growth of principal. The Fund is more aggressively managed than the Income Fund and has more market fluctuation. The assets of the fund include U.S. Treasury obligations, high quality corporate bonds, and an enhanced bond strategy program. Withdrawals and additions are permitted monthly on the second business day. Investment policy requires all holdings be rated "A" or better credit qualitiy by Moody's or S&P.

Growth Fund

The Growth Fund is maintained to provide participation in long-term appreciation of assets through ownership in common stocks of high quality, large capitalized growth companies, which are proven leaders in their industries. Growth is the main objective of this fund with only secondary consideration of income. Withdrawals and additions are permitted monthly on the second business day. While called the "Growth" Fund, this fund will own equity investments from other styles (i.e., core, value, international) depending upon current market opportunities. This fund is comprised of individual holdings (not mutual funds) and is 100% screened for acceptability.

Balanced Fund

The Balanced Fund is provided to offer diversification for smaller accounts with long term objectives. Assets of this fund include high quality fixed income instruments, common stocks and cash equivalents with an approximate allocation of 50% equities and 50% Flexible Income Fund. Withdrawals and additions are permitted monthly on the second business day.

Short-Term Investment Pool

The Short-term Investment Pool is maintained to facilitate the management of funds for various accounts and provide liquidity of permanent investment and withdrawal requests. The funds are invested in top quality certificates of deposit, commercial paper rated A1/P1 and money market funds. Withdrawals and additions are permitted daily.