CNI Charter Balanced Fund (closed to new investors)- Manager Information

	Freeman Investment Management Target Allocation: 40% - 60% Equity Manager Freeman Investment Management follows a core conservative approach of diversification across all equity market sectors while conducting quantitative research analysis of companies to seek out the best performing stocks in each sector. Analysis includes ranking of price-to–earnings ratios, corporate earnings, price and trend momentum, and product viability within the industry group. The Managers John D. Freeman – Chairman, Chief Executive Officer & Chief Investment Officer Thomas M. Anichini, ASA, CFA – Director of Portfolio Management
	Baird Advisors Target Allocation: 40% - 60% Fixed Income Manager Baird Advisors invests in high quality, intermediate to longer term securities while matching the duration of the aggregate index, with diversification across bond market sectors such as governments, agencies, corporates and mortgages. The Managers Mary Ellen Stanek, CFA – Managing Director & Chief Investment Officer Daniel A. Tranchita, CFA – Senior Vice President, Senior Portfolio Manager Gary Elfe – Managing Director, Senior Portfolio Manager