Morningstar® Investment Profile™ | Disclosure Statement Morningstar - Free Trial   Forester Value  FVALX   Snapshot Total Returns Rating & Risk Portfolio Nuts & Bolts Analyst Report Quote datadef_ratings Forester Value  FVALX   Morningstar Report Overall Morningstar Rating™ What is this? As of 2009-10-31 Out of Large Value Funds Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. Morningstar® Style Box™ What is this?    Large    Value       As of 2009-06-30 Day Change $ 0.02    NAV (2009-11-10) $ 11.59    YTD Return % (2009-11-10) 16.37%    Total Assets ($ mil) 101 View Data Definitions   Performance     Growth of $10,000 Fund: Forester Value (from 1999-09-10 to 2009-10-31) Category: Large Value Index: S&P 500 TR Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-10 Inception date: 1999-09-10 10yr and Inception Returns as of 2009-10-31 YTD Returns as of 2009-11-10 YTD 1 Year 3 Year 5 Year 10 Year Since Inception Fund 16.27 41.06 3.64 3.36 5.13 5.10 +/- Category 0.48 31.54 12.00 3.18 3.18 --- +/- S&P 500 TR -7.25 -7.74 9.54 2.68 --- --- Standardized Annual Returns %   more on standardized returns Quarter-End (as of 2009-09-30) 12.45 1.04 2.76 3.90 5.13 5.11 Month-End (as of 2009-10-31) 12.75 10.49 2.64 2.93 5.13 5.10 After Tax Returns % (as of 2009-09-30 )   On Distribution --- 7.88 1.47 1.35 3.68 --- On Distribution & Sale of Shares --- 6.61 1.55 1.55 3.51 --- Morningstar Rating --- --- --- # of compared funds covered (3 yrs : out of 1124 funds), (5 yrs : out of 934 funds), (10 yrs : out of 450 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none. The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.   Portfolio Profile     Sector Breakdown % Information 14.28 Software 6.40 Hardware 3.28 Media 1.35 Telecommunications 3.25 Service 38.77 Healthcare 20.05 Consumer Services 7.27 Business Services 0.00 Financial Services 11.44 Manufacturing 46.95 Consumer Goods 19.45 Industrial Materials 13.59 Energy 10.29 Utilities 3.62 Asset Allocation % of Net Assets Cash 11.4 Stocks 87.2 Bonds 0.0 Other 1.4 Foreign Stocks 0.6 (as a % of Assets) Data through 2009-06-30 Data through 2009-06-30 Holding Status Total Number of Stock Holdings 47 Turnover % 269 Total Number of Bond Holdings 0 30 Day SEC Yield % --- % of Assets in Top 10 Holdings 28.76 ending as of 2009-09-30 View Data Definitions Top 10 Holdings Sector P/E YTD Return % % of Net Assets Microsoft Corporation 10.42 55.04 3.06 Johnson & Johnson 13.09 7.37 2.92 3M Company 11.76 36.74 2.87 Altria Group Inc. 10.17 32.54 2.87 Kraft Foods, Inc. 22.03 4.43 2.87 Hewlett-Packard Company 11.16 38.55 2.86 H.J. Heinz Company 13.05 15.65 2.86 Bristol-Myers Squibb Company 14.62 9.20 2.85 AT&T, Inc. 13.19 -2.95 2.83 The Travelers Companies, Inc. 9.38 17.88 2.77 Data through 2009-06-30 YTD Return through 2009-11-20   Other Information Fund Inception: 1999-09-10 Portfolio Manager  (Start Date) Thomas H. Forester  (1999-09-10) Forester has been the president and chief investment officer of Forester Capital Management since its inception. He has extensive money management experience. He was an officer and portfolio manager from May 1997 to January, 1999 with Dreman Value Advisors, Inc. and an officer and portfolio manager from 1995 to 1997 with Peregrine Capital Management Inc. He was also an officer for Thomas White International from 1992 to 1995. Forester holds the Chartered Financial Analyst designation. Sales Charge % (taken from prospectus dated 2009-06-07) Front: None Deferred: None Expense Ratio % 1.35 based on net assets (taken from annual report dated 2009-03-31) Correspondence Information 612 Paddock Lane Libertyville,  IL  60048 United States Telephone: 800-388-0365 Data on this page does not include the fund's short positions (if any). Show Data Definitions © Copyright 2009 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. Past performance is no guarantee of future results. Returns will vary and shares may be worth more or less than their original cost when sold.