PIPER: THE FINE PRINT

Copyright 1997 by Crain Communications Inc. PIPER is a trademark of Crain Communications Inc. PIPER data is compiled by RogersCasey & Associates Inc. Important Notice: The information on each fund has been obtained from the named institution. Neither Crain Communications Inc. nor RogersCasey & Associates Inc. assumes any responsibility for accuracy, completeness and interpretation of the material or the validity of nay [sic] comparison that my be made from the reported data. Each subscriber and reader is solely liable for any use which he or she may make of this material. [A]s with any statistical data, the information contained herein must be evaluated against all relevant background, facts and dynamics of the industry. In evaluating, ranking and selecting specific funds fro [sic] their managers, subscribers and readers are urged to consult directly with the fund managers to supplement the information contained in this publication, to determine the investment objectives and philosophies of the fund managers and to obtain a complete history of each fund's performance.