The discipline of investing, a commitment to results Allegiant Funds are managed by investment teams committed to producing consistently strong performance for our shareholders. We balance deliberate processes and solid resources with adaptability and a firm understanding of investor sentiment. Our family of funds comprises domestic and international equity, taxable and tax-exempt fixed income and money market portfolios - a broad range of choices to match all your investment goals. prices & ytd returns NAV as of 10/10/2008 equity fixed income money market allegiant advantage inst money market Share Class I A B C Symbol Fund NAV ($) Change $ % 1-Day Current Yield 7-Day Current Yield 7-Day Effective Yield 30-Day Current Yield MTD (%) YTD (%) ABAIX Balanced Allocation $7.74 -0.10 -16.17 -29.57 AIEIX International Equity $9.69 -0.17 -23.34 -46.85 ACFIX Large Cap Core Equity $7.29 -0.06 -23.99 -40.46 AEQIX Large Cap Growth $11.54 -0.16 -23.17 -41.27 AEIIX Large Cap Value $10.57 -0.17 -24.03 -38.66 ARVIX Mid Cap Value $8.16 -0.12 -25.00 -40.70 AMCIX Multi-Factor Mid Cap Growth $5.29 -0.05 -21.51 -41.48 ALOIX Multi-Factor Small Cap Core $7.66 0.23 -19.71 -32.92 ALUIX Multi-Factor Small Cap Focused Value $6.48 0.19 -20.39 -28.40 ALWIX Multi-Factor Small Cap Growth $7.73 0.06 -21.60 -34.49 AMRIX Multi-Factor Small Cap Value $10.01 0.46 -18.22 -25.80 AQDIX S&P 500 Index $7.21 -0.08 -22.79 -37.85 ACRIX Small Cap Core $7.34 0.11 -24.17 -36.06 ASMIX Small Cap Growth $7.15 0.06 -21.86 -34.88 Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctutate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown here. Select a Fund to view the most recent month-end performance information or go to each fund's snapshot page to view most recent month-end performance.

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NOT FDIC INSURED  |  NO BANK GUARANTEE  |  MAY LOSE VALUE

You should consider the investment objectives, risks, charges and expenses of the Allegiant Funds carefully before investing. A prospectus may be downloaded and viewed with this and other information about the Funds or may be obtained by contacting an investment professional or by calling 1-800-622-FUND (3863). Please read it carefully before you invest or send money.

Allegiant Asset Management Company serves as investment adviser to Allegiant Funds for which it receives an investment advisory fee. Shares of Allegiant Funds are distributed by Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia, PA 19406. PFD is not affiliated with Allegiant Asset Management Company and is not a bank. Allegiant is a registered trademark of National City Corporation®.

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