Boston Partners Managed Mutual Funds

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1 Percentile Rankings vs. Morningstar Category: June 0, 08 Strategy Institutional Shares Ticker Overall Morningstar Rating Return Rank Return Rank Return Rank Return Rank Return Rank BP All-Cap Value Fund BPAIX Morningstar Large Value Category BP Small Cap Value Fund II BPSIX Morningstar Small Value Category BP Long/Short Equity Fund BPLSX Morningstar Long/Short Category BP Long/Short Research Fund BPIRX Morningstar Long/Short Category BP Global Equity Fund BPGIX Morningstar World Stock Category BP Global Long/Short Fund BGLSX Morningstar Long/Short Category BP Emerging Markets Long/Short Fund BELSX Morningstar Long/Short Category Sub-Advised Funds John Hancock Disciplined Value Fund JVLIX Morningstar Large Value Category John Hancock Disciplined Value Mid Cap Fund JVMIX Morningstar Mid-Cap Blend Category John Hancock Disciplined Value International Fund JDVIX Morningstar Foreign Large Blend Category Effective May 7, 00, the Boston Partners Long/Short Equity Fund is closed to all new investors. Effective January, 04, the John Hancock Disciplined Value Mid Cap Fund is closed to all new investors. John Hancock Disciplined Value International Fund is the successor to Boston Partners International Equity Fund and was first offered on September 9, 04. Returns prior to this date are those of the predecessor fund's institutional class shares, launched on December 0, 0, and may be higher than if adjusted to reflect the expenses of any other share class. The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed may be worth more or less than their original cost. Performance data current to the most recent month-end may be obtained at Boston Partners is the investment adviser to the Boston Partners and WPG Partners Funds. Quasar Distributors LLC is the Distributor of the Funds and is not affiliated with the advisor or John Hancock. Securities offered through Boston Partners Securities LLC, member FINRA, SiPC, an affiliate of Boston Partners Global Investors, Inc. Sub-advised Funds are offered through John Hancock. To obtain a prospectus, call your John Hancock Funds Internal Business Consultant at or visit The prospectus contains this and other important information about the fund. Clients should read the prospectus carefully before investing or sending money. John Hancock Funds, LLC MEMBER FINRA SIPC 60 Congress Street, Boston, MA NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. You should consider the investment objectives, risks, charges and expenses of Boston Partners Investment Funds carefully before investing. Call (888) to obtain a prospectus with this and other information about the Funds. It should be read carefully before investing. All ratings are based on risk adjusted returns. Please see more important information regarding the Morningstar Ratings system on the following pages st Quartile nd Quartile rd Quartile 4th Quartile

2 Percentile Rankings vs. Morningstar Category: Calendar Rankings Strategy Rankings YTD 08 Institutional Shares Ticker BP All-Cap Value Fund BPAIX Morningstar Large Value Category BP Small Cap Value Fund II BPSIX Morningstar Small Value Category BP Long/Short Equity Fund BPLSX Morningstar Long/Short Category BP Long/Short Research Fund BPIRX Morningstar Long/Short Category BP Global Equity Fund BPGIX Morningstar World Stock Category BP Global Long/Short Fund BGLSX Morningstar Long/Short Category Sub-Advised Funds John Hancock Disciplined Value Fund JVLIX Morningstar Large Value Category John Hancock Disciplined Value Mid Cap Fund JVMIX Morningstar Mid-Cap Blend Category John Hancock Disciplined Value International Fund JDVIX Morningstar Foreign Large Blend Category 9% Top Quartile 9% nd Quartile 0% rd Quartile % 4th Quartile Effective May 7, 00, the Boston Partners Long/Short Equity Fund is closed to all new investors. Effective January, 04, the John Hancock Disciplined Value Mid Cap Fund is closed to all new investors. John Hancock Disciplined Value International Fund is the successor to Boston Partners International Equity Fund and was first offered on September 9, 04. Returns prior to this date are those of the predecessor fund's institutional class shares, launched on December 0, 0, and may be higher than if adjusted to reflect the expenses of any other share class. The information contained herein () is proprietary to Morningstar and/or its content providers; () may not be copied or distributed; and () is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 0% of funds in each category receive 5 stars, the next.5% receive 4 stars, the next 5% receive stars, the next.5% receive stars and the bottom 0% receive star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Ratings are subject to change monthly. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three, five and ten year Morningstar Rating metrics. All ratings are based on risk adjusted returns as of June 0, 08. Morningstar Ratings are for the share class indicated. Other classes may vary. All ratings are based on risk adjusted returns. Please see more important information regarding the Morningstar Ratings system on the following pages.

3 Percentile Rankings vs. Morningstar Category: Calendar Returns Strategy Returns YTD 08 Institutional Shares Ticker BP All-Cap Value Fund BPAIX Morningstar Large Value Category BP Small Cap Value Fund II BPSIX Morningstar Small Value Category BP Long/Short Equity Fund BPLSX Morningstar Long/Short Category BP Long/Short Research Fund BPIRX Morningstar Long/Short Category BP Global Equity Fund BPGIX Morningstar World Stock Category BP Global Long/Short Fund BGLSX Morningstar Long/Short Category Sub-Advised Funds John Hancock Disciplined Value Fund JVLIX Morningstar Large Value Category John Hancock Disciplined Value Mid Cap Fund JVMIX Morningstar Mid-Cap Blend Category John Hancock Disciplined Value International Fund JDVIX Morningstar Foreign Large Blend Category Effective May 7, 00, the Boston Partners Long/Short Equity Fund is closed to all new investors. Effective January, 04, the John Hancock Disciplined Value Mid Cap Fund is closed to all new investors. Data reflects Class R6 Shares. John Hancock Disciplined Value International Fund is the successor to Boston Partners International Equity Fund and was first offered on September 9, 04. Returns prior to this date are those of the predecessor fund's institutional class shares, launched on December 0, 0, and may be higher than if adjusted to reflect the expenses of any other share class. The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed may be worth more or less than their original cost. Performance data current to the most recent month-end may be obtained at Boston Partners is the investment adviser to the Boston Partners and WPG Partners Funds. Quasar Distributors LLC is the Distributor of the Funds and is not affiliated with the adviser or John Hancock. Securities offered through Boston Partners Securities LLC, member FINRA, SiPC, an affiliate of Boston Partners Global Investors, Inc. Sub-advised Funds are offered through John Hancock. To obtain a prospectus, call your John Hancock Funds Internal Business Consultant at or visit The prospectus contains this and other important information about the fund. Clients should read the prospectus carefully before investing or sending money. John Hancock Funds, LLC MEMBER FINRA SIPC 60 Congress Street, Boston, MA NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. You should consider the investment objectives, risks, charges and expenses of Boston Partners Investment Funds carefully before investing. Call (888) to obtain a prospectus with this and other information about the Funds. It should be read carefully before investing. All ratings are based on risk adjusted returns. Please see more important information regarding the Morningstar Ratings system on the following pages.

4 Morningstar Disclosure: June 0, 08 The Overall Morningstar Star Rating for a fund is derived from a weighted average of the performance figures associated with its three, five and ten year Morningstar Rating metrics. All ratings are based on risk adjusted returns as of June 0, 08. Morningstar Star Ratings are for the share class indicated. Other classes may vary. Comparison Peer Group Information The Boston Partners All-Cap Value Fund (Investor and Institutional Class) was rated against,099 of U.S. domiciled Large Cap Value Funds over the following time periods: -, 5-, and 0 year period ratings were, respectively stars out of,099 Funds, 5 stars out of 95 Funds, and 5 stars out of 686 Funds - Investor Class; and 4 stars out of,099 Funds, 5 stars out of 95 Funds, and 5 stars out of 686 Funds - Institutional Class. The Boston Partners Small Cap Value Fund II (Investor and Institutional Class) was rated against 58 of U.S. domiciled Small Cap Value Funds over the following time periods: -, 5-, and 0-year period ratings were, respectively stars out of 58 Funds, stars out of 6 Funds, and 4 stars out of 0 Funds - Investor Class; and stars out of 58 Funds, 4 stars out of 6 Funds, and 4 stars out of 0 Funds - Institutional Class. The Boston Partners Long/ Short Equity Fund (Investor and Institutional Class) was rated against 89 of U.S. domiciled Long/Short Funds over the following time periods: -, 5-, and 0-year period ratings were, respectively 4 stars out of 89 Funds, stars out of 00 Funds, and 5 stars out of 7 Funds - Investor Class; and 4 stars out of 89 Funds, stars out of 00 Funds, and 5 stars out of 7 Funds - Institutional Class. The Boston Partners Long/Short Research Fund (Investor and Institutional Class) was rated against 89 of U.S. domiciled Long/Short Equity Funds over the following time periods: -, 5-year period rating were, stars out of 89 Funds, stars out of 00 Funds - Investor Class; and stars out of 89 Funds, 4 stars out of 00 Funds - Institutional Class. The Boston Partners Global Equity Fund (Institutional Class) was rated against 7 of U.S. domiciled World Stock Funds over the following time periods: -, 5-year period rating were stars out of 7 Funds, stars out of 596 Funds - Institutional Class. The Boston Partners Global Long/ Short Fund (Investor and Institutional Class) was rated against 89 of U.S. domiciled Long/Short Equity Funds over the following time period: -year period rating were, stars out of 89 Funds - Investor Class; and stars out of 89 Funds - Institutional Class. The Boston Partners Emerging Markets Long/Short Fund (Institutional Class) was rated against 89 of U.S. domiciled Long/Short Equity Funds over the following time period: -year period rating were stars out of 89 - Institutional Class. The WPG Partners Small/Micro Cap Value Fund (Institutional Class) was rated against 58 of U.S. domiciled Small Cap Value Funds over the following time periods: -, 5-, and 0-year period ratings were, respectively star out of 58 Funds, star out of 6 Funds, and stars out of 0 Funds - Institutional Class. The John Hancock Disciplined Value Fund (Investor and Institutional Class) was rated against,099 of U.S. domiciled Large Cap Value Funds over the following time periods: -, 5-, and 0-year period ratings were, respectively stars out of,099 Funds, stars out of 95 Funds, and 4 stars out of 686 Funds - Investor Class; and stars out of,099 Funds, stars out of 95 Funds, and 4 stars out of 686 Funds - Institutional Class. The John Hancock Disciplined Value Mid Cap Fund (Investor and Institutional Class) was rated against 69 of U.S. domiciled Mid-Cap Blend Funds over the following time periods: -, 5-, and 0-year period ratings were, respectively stars out of 69 Funds, 4 stars out of 9 Funds, and 5 stars out of Funds - Investor Class; and stars out of 69 Funds, 5 stars out of 9 Funds, and 5 stars out of Funds - Institutional Class. The John Hancock Disciplined Value International Fund (Institutional Class) was rated against 6 of Foreign Large Cap Blend Funds over the following time periods: -, and 5-year period ratings were, respectively, stars out of 6 and 4 stars out of 5 Funds. Morningstar, Inc. All Rights Reserved.

5 Investment Performance through June 0, 08 Performance (%) Q 08 YTD Since Inception* All-Cap Value Fund - Inv. Shares All-Cap Value Fund - Inst. Shares Russell 000 Value Index S&P 500 Index Small Cap Value Fund II - Inv. Shares Small Cap Value Fund II - Inst. Shares Russell 000 Value Index Long/Short Equity Fund - Inv. Shares Long/Short Equity Fund - Inst. Shares S&P 500 Index Long/Short Research Fund - Inv. Shares S&P 500 Index Long/Short Research Fund- Inst. Shares S&P 500 Index * Inception dates are as follows: BP All-Cap Value Fund is July, 00; BP Small Cap Value Fund II is July, 998; BP Long/Short Equity Fund is November 7, 998; BP Long/Short Research Fund-Investor Shares is November 9, 00; and BP Long/Short Research Fund-Institutional Shares is September 0, 00. The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed may be worth more or less than their original cost. Performance data current to the most recent month-end may be obtained at Returns are historical and include changes in share price and reinvestment of dividends and capital gains. Returns are shown net of fees and expenses. Boston Partners is the investment adviser to the Boston Partners Investment Funds. Quasar Distributors LLC is the Distributor of the Funds and is not affiliated with the adviser or John Hancock. Securities offered through Boston Partners Securities, Inc., member FINRA, SiPC, an affiliate of Boston Partners Global Investors, Inc.

6 Investment Performance through June 0, 08 Performance (%) Q 08 YTD 08 5 Since Inception Global Equity Fund - Inst. Shares MSCI World Index Global Long/Short Fund - Inv. Shares MSCI World Index Global Long/Short Fund - Inst. Shares MSCI World Index Emerging Markets Long/Short Fund - Inst. Shares MSCI EM Index Operating Expenses (%) Operating expenses include management fees, distribution fees and administrative, legal, registration and other expenses. BP All-Cap Value Fund BP Small Cap Fund II BP Long/Short Equity Fund BP Long/Short Research Fund BP Global Equity Fund BP Global Long/Short Fund Emerging Markets Long/Short Fund Inv. Inst. Inv. Inst. Inv. Inst. Inv. Inst. Inst. Inv. Inst. Inst. Gross Operating Expenses Investment Related Exp. & Fee Waivers Net Expenses Inception dates are as follows: BP Global Equity Fund is December 0, 0; BP Global Long/Short Fund - Institutional Class is December, 0; BP Global Long/Short Fund - Investor Class is April, 04; and BP Emerging Markets Long/Short Fund - Institutional Class is December 5, 05 (includes Prior Account performance). Effective March, 00, the adviser has contractually agreed to waive management fees and reimburse expenses through February 8, 09 to the extent that Total annual Fund operating expenses exceed (excluding short sale dividend expense):.05% for BP All-Cap Value Fund Investor Shares; and 0.80% for BP All-Cap Value Fund Institutional Shares;.75% for BP Long/Short Equity Fund Investor Shares;.50% for BP Long/Short Equity Fund Institutional Shares;.75% for BP Long/Short Research Fund Investor Shares;.50% for BP Long/Short Research Fund Institutional Shares; 0.95% for BP Global Fund Institutional Shares;.5% for BP Global Long/Short Fund Investor Shares;.00% for BP Global Long/Short Fund Institutional Shares; and.00% for BP Emerging Markets Long/Short Fund - Institutional Shares (through December, 08). Net expenses are as of the most recent prospectus and are applicable to investors. If fee waivers and reimbursements had not been included performance would have been lower. Emerging Markets Long/Short returns from March, 05 through December, 05 are calculated by applying a fee of.0% to gross returns of the Prior Account. Effective May 8, 04, the adviser has contractually agreed to waive management fees and reimburse expenses through February 8, 09 to the extent that Total annual Fund operating expenses exceed (excluding short sale dividend expense):.5% for BP Small Cap Value Fund II Investor Shares; and.0% for BP Small Cap Value Fund II Institutional Shares. Net expenses are as of the most recent prospectus and are applicable to investors. 4 There are additional costs associated with the use of short sales. Short-sale dividends generally reduce the market value of the securities by the amount of the dividend declared; thus increasing the Fund's unrealized gain or reducing the Fund's unrealized loss on the securities sold short. The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed may be worth more or less than their original cost. Performance data current to the most recent month-end may be obtained at

7 Sub-Advised Funds Investment Performance through June 0, 08 Performance (%) Disciplined Value Fund - Class I - Inst. Shares Q 08 YTD Since Inception Russell 000 Value Index Disciplined Value Mid Cap Fund - Class I - Inst. Shares Russell Midcap Value Index Disciplined Value International Fund - Class I - Inst. Shares MSCI EAFE Index Operating Expenses (%) Expenses that you pay each year as a percentage of the value of your investment. JH Disciplined Value Fund JH Disciplined Value Mid Cap Fund JH Disciplined Value International Fund Inst. Inst. Inst. Total Annual Fund Operating Expenses Other Expenses Distribution and Services (b-) Fees Management Expenses Inception dates are as follows: Disciplined Value Fund Class I is January, 997; and Disciplined Value Mid Cap Fund Class I is June, 997. Expenses reflect the Fund's latest prospectus. Management expenses are as of the most recent prospectus and are applicable to investors. John Hancock Disciplined Value International Fund is the successor to Boston Partners International Equity Fund and was first offered on September 9, 04. Returns prior to this date are those of the predecessor fund's institutional class shares, launched on December 0, 0, and may be higher than if adjusted to reflect the expenses of any other share class. Net Fund Operating Expenses reflect any applicable voluntary or contractual fee waivers and/or expense reimbursements, which may be discontinued at any time. For more information on fee waivers and/or expense reimbursements, please see the expense table and footnotes in the prospectus. The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed may be worth more or less than their original cost. Performance data current to the most recent month-end may be obtained at Sub-advised Funds are offered through John Hancock. To obtain a prospectus, call your John Hancock Funds Internal Business Consultant at or visit The prospectus contains this and other important information about the fund. Clients should read the prospectus carefully before investing or sending money. John Hancock Funds, LLC MEMBER FINRA SIPC 60 Congress Street, Boston, MA NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

8 Performance Disclosures Boston Partners Global Investors, Inc. ("Boston Partners") is the investment adviser to the Boston Partners Investment Funds. Quasar Distributors LLC is the Distributor of the Funds and is not an adviser affiliate. Securities offered through Boston Partners Securities, LLC, member FINRA, SiPC, an affiliate of Boston Partners Global Investors, Inc. The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Performance data current to the most recent month-end may be obtained at The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Returns are historical and include changes in share price and reinvestment of dividends and capital gains. Returns shown are net of fees and expenses. Fund holdings are subject to change and may not represent current or future holdings. The value of a fund's investments will vary from day to day based on many factors. Stock values fluctuate in response to issuer, political, regulatory, market or economic developments. The value of mid capitalization securities may be more volatile than those of larger issuers. Investments in foreign issuers may be more volatile than in the U.S. market. Important Risk Disclosures Investment in shares of the Emerging Markets Long/Short Fund, Global Long/Short Fund, the Long/Short Equity Fund and the Long/Short Research Fund is more volatile and risky than some other forms of investments. Since the Emerging Markets Long/Short Fund, Global Long/Short Fund, the Long/ Short Equity Fund and the Long/Short Research Fund has both a long and a short portfolio, an investment in the Fund will involve risks associated with twice the number of investment decisions made for a typical stock fund and short selling carries a risk on unlimited loss. These types of funds typically have a high portfolio turnover that could increase transaction costs and cause short-term capital gains to be realized. Stocks of small capitalization securities are generally more volatile and less liquid than investments in issuers with market capitalizations greater than $ billion. Unseasoned issuers may not have an established financial history and may have limited product lines, markets or financial resources, making them more volatile and difficult to sell. Moreover, the lack of an efficient market for these securities may make them difficult to value. International investing is subject to special risks including, but not limited to, currency risk associated with securities denominated in other than US dollar, which may be affected by fluctuations in currency exchange rates, political, social or economic instability, and differences in taxation, auditing and other financial practices. Investment in emerging market securities may increase these risks. Small cap companies, as defined by our product, are those with a market capitalization similar to the Russell 000 Value Index. These companies tend to be new, in early development, or in transition. Usually, small caps are rapidly evolving, generating a new product or service, or taking advantage of a new market. However, returns may be inconsistent and may fluctuate widely over the short term, and small stock valuations tend to be more sensitive to market psychology. The Fund may invest in more aggressive investments such as foreign securities which may expose the fund to currency and exchange rate fluctuations, illiquid securities, which may cause greater volatility and less liquidity. The Long/Short Equity Fund is a single account managed by Boston Partners balancing long and short portfolio strategies seeking to achieve stable absolute returns. This product is not risk neutral. It is exposed to style, capitalization, sector and short implementation risk. Returns are market value weighted, and are calculated on a total return, time weighted basis using trade date valuations. Returns reflect the reinvestment of dividends and other earnings, and are net of fees and expenses. Short sales are an integral part of the investment strategy and constitute the use of leverage. The Long/Short Research Fund is a single account managed by Boston Partners balancing long and short portfolio strategies seeking to achieve stable absolute returns. This product is not risk neutral. It is exposed to style, capitalization, sector and short implementation risk. Returns are market value weighted, and are calculated on a total return, time weighted basis using trade date valuations. The Global Long/Short Fund is a single account managed by Boston Partners balancing long and short portfolio strategies seeking long term growth of capital. This product is not risk neutral. It is exposed to style, capitalization, sector and short implementation risk. Returns are market value weighted, and are calculated on a total return, time weighted basis using trade date valuations. Returns reflect the reinvestment of dividends and other earnings, and are net of fees and expenses. Short sales are an integral part of the investment strategy and constitute the use of leverage. The Emerging Markets Long/Short Fund is a single account managed by Boston Partners balancing long and short portfolio strategies seeking long term growth of capital. This product is not risk neutral. It is exposed to style, capitalization, sector and short implementation risk. Returns are market value weighted, and are calculated on a total return, time weighted basis using trade date valuations. Returns reflect the reinvestment of dividends and other earnings, and are net of fees and expenses. Short sales are an integral part of the investment strategy and constitute the use of leverage. Short sales are an integral part of the investment strategy and constitute the use of leverage which has attendant risks short selling carries unlimited risk of loss. The Fund may invest in unseasoned issuers and illiquid securities. Stock values fluctuate in response to issuer, political, regulatory, market or economic developments. The value of small and mid capitalization securities may be more volatile than those of larger issuers. Investments in foreign issuers may be more volatile than in the U.S. market. Investments in emerging markets may increase this risk. International investing is subject to special risks including, but not limited to, currency risk associated with securities denominated in other than U.S. dollar, which may be affected by fluctuations in currency exchange rates, political, social or economic instability, and differences in taxation, auditing and other financial practices. Investment in emerging market securities may increase these risks. The Fund may invest in small and mid cap companies which tend to be more volatile and may fluctuate in the opposite direction of the broader stock market average, and in illiquid securities which involves risk of limitations on resale and uncertainty determining valuation. Securities offered through Boston Partners Securities, LLC, an affiliate of Boston Partners Global Investors, Inc.

9 Performance Disclosures (continued) Indices The following Indices are unmanaged with no defined investment objective. The performance of Indices assume no taxes and does not reflect the payment of transaction costs, fees and expenses associated with an investment in a mutual fund. Direct investment in an Index is not possible. All Russell Indices are registered trademarks of the Frank Russell Company. The Russell Value Indices typically measure the performance of universes of stocks displaying low price-to-book ratios and low forecasted growth values. The Russell Growth Indices typically measure the performance of universes of stocks displaying high price-to-book ratios and high forecasted growth values. The Russell 000 Index measures performance of the,000 largest U.S. companies based on total market capitalization. The Russell 000 Index measures the performance of the,000 smallest companies in the Russell 000 Index. The Russell 000 Index measures the performance of the,000 largest companies in the Russell 000 Index. The S&P 500 Index is an unmanaged index (with no defined investment objective) of common stocks, includes reinvestment of dividends and capital gains, and is a registered trademark of the Standard & Poor s Corporation. The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. The MSCI EAFE Index (Europe, Australasia, Far East) is a free float-adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the US & Canada. The MSCI Emerging Markets Index is a free float adjusted market capitalization index that is designed to measure equity market performance of emerging markets. The MSCI Emerging Markets Index consists of the following emerging market country indexes: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Russia, South Africa, Taiwan, Thailand, Turkey* and United Arab Emirates. More complete information about the Fund, including objectives, risks, charges and expenses, is provided in the Prospectus, and which should be read carefully before investing. For additional information, please call (888) The Institution is reminded that this material is not to be provided to current or prospective customers or others who are not "institutional investors" as defined by FINRA Rule 0(a)(4). Additional Definitions ROE is defined as Return on Equity. OROA is defined as Operating Return on Operating Assets. Price/Book Ratio: The price per share of a stock divided by its book value (net worth) per share. For a portfolio, the ratio is the weighted average price-to-book ratio of the stocks that it holds. Price/Earnings Ratio: A method of valuing stocks, calculated by dividing the closing price of a company's stock by its annual earnings per share. A higher multiple means investors have higher expectations for future growth and have bid up the stock's price. FCF Yield: Free Cash Flow Yield is an overall return evaluation ratio of a stock, which standardizes the free cash flow per share a company is expected to earn against its market price per share. The ratio is calculated by taking the free cash flow per share divided by the share price. Securities offered through Boston Partners Securities, LLC, an affiliate of Boston Partners Global Investors, Inc.