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Closing price as of 2/3/2012
All information is for class A shares unless noted otherwise.
NAV % Change YTD Return
Value Fund
$21.83 +1.39% +6.18%
Growth Fund
$16.90 +1.75% +9.53%
Burkenroad Small Cap Fund
$39.55 +1.70% +9.28%
Burkenroad Small Cap Fund Class D
$38.71 +1.68% +9.26%
Quantitative Long/Short Fund
$16.23 +1.50% +6.92%
Diversified International Fund
$19.20 +1.59% +8.91%
Strategic Income Bond Fund
$16.55 -0.24% +0.91%
Louisiana Tax-Free Income Fund
$17.01 -0.47% +3.00%
Mississippi Tax-Free Income Fund
$16.93 -0.47% +3.01%
Government Money Market Fund
$1.00 N/A% N/A%

To view standardized performance, please click on the fund name above.

The performance data quoted represents past performance. Past performance does not guarantee future results. 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 and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please click on the individual fund name or call
1-800-990-2434. The funds are available in other share classes.
Performance
Quarterly Time Weighted Returns as of December 31, 2011

To view the latest Morningstar Ratings click here.

To view latest month end performance click here.

For the most recent publicly available holdings please click here.

Name (Inception Date) 1 Year 3 Years* 5 Years* 10 Years* Since
Inception*		 Gross
Expense
Hancock Horizon Value Fund Class A (5/31/2000)
   without sales load 0.64% 9.24% -1.47% 5.93% 5.80% 1.31%
   with sales load -4.67% 7.29% -2.52% 5.36% 5.31% 1.31%
Hancock Horizon Growth Fund Class A (1/31/2001)
   without sales load -0.90% 12.80% -1.89% 3.18% 1.72% 1.36%
   with sales load -6.09% 10.78% -2.94% 2.62% 1.21% 1.36%
Hancock Horizon Burkenroad Small Cap Fund Class A (12/31/2001)
   without sales load 6.63% 19.43% 5.65% 10.59% 10.59% 1.54%
   with sales load 1.03% 17.31% 4.51% 9.99% 9.99% 1.54%
Hancock Horizon Burkenroad Small Cap Fund Class D (12/31/2001)
   without sales load 6.36% 19.13% 5.39% 10.36% 10.36% 1.79%
Hancock Horizon Quantitative Long/Short Fund Class A (9/30/2008)
   without sales load 1.74% 8.15% n/a n/a 0.37% 2.01% 2
   with sales load -3.62% 6.24% n/a n/a -1.28% 2.01% 2
Hancock Horizon Diversified International Fund Class A (9/30/2008)
   without sales load -11.88% 15.99% n/a n/a 5.87% 1.78% 3
   with sales load -16.50% 13.92% n/a n/a 4.13% 1.78% 3
Hancock Horizon Strategic Income Bond Fund Class A (5/31/2000)
   without sales load 6.38% 6.06% 5.72% 4.54% 5.15% 1.17% 4
   with sales load 2.10% 4.63% 4.86% 4.11% 4.77% 1.17% 4
Hancock Horizon Louisiana Tax-Free Income Fund Class A (2/1/2011)
n/a n/a n/a n/a n/a 1.85% 5
Hancock Horizon Mississippi Tax-Free Income Fund Class A (2/1/2011)
n/a n/a n/a n/a n/a 1.86% 5
Hancock Horizon Government Money Market Fund Class A (5/31/2000)
   without sales load 0.01% 0.01% 0.91% 1.13% 1.50% 1.12% 6
7-Day Compound Yield: 0.01%
7-Day Current Yield: 0.01%
Monthly Time Weighted Returns as of January 31, 2012

Name (Inception Date) Current
Month		 3 Month Return 1 Year 3 Years* 5 Years* 10 Years* Since
Inception*		 Gross
Expense
Hancock Horizon Value Fund Class A (5/31/2000)
   without sales load 3.26% 4.63% 1.80% 12.86% -1.18% 6.15% 6.05% 1.31%
   with sales load -2.17% -0.87% -3.55% 10.85% -2.24% 5.58% 5.56% 1.31%
Hancock Horizon Growth Fund Class A (1/31/2001)
   without sales load 6.35% 5.46% 3.40% 17.25% -1.24% 3.75% 2.27% 1.36%
   with sales load 0.80% -0.06% -2.03% 15.18% -2.31% 3.19% 1.77% 1.36%
Hancock Horizon Burkenroad Small Cap Fund Class A (12/31/2001)
   without sales load 5.06% 6.28% 11.39% 24.65% 6.45% 11.10% 11.04% 1.54%
   with sales load -0.47% 0.70% 5.54% 22.42% 5.31% 10.50% 10.45% 1.54%
Hancock Horizon Burkenroad Small Cap Fund Class D (12/31/2001)
   without sales load 5.02% 6.19% 11.12% 24.33% 6.19% 10.86% 10.80% 1.79%
Hancock Horizon Quantitative Long/Short Fund Class A (9/30/2008)
   without sales load 3.75% 4.17% 3.01% 11.60% n/a n/a 1.47% 2.01% 2
   with sales load -1.69% -1.32% -2.42% 9.61% n/a n/a -0.15% 2.01% 2
Hancock Horizon Diversified International Fund Class A (9/30/2008)
   without sales load 5.10% 0.45% -9.13% 22.14% n/a n/a 7.31% 1.78% 3
   with sales load -0.43% -4.80% -13.89% 19.94% n/a n/a 5.59% 1.78% 3
Hancock Horizon Strategic Income Bond Fund Class A (5/31/2000)
   without sales load 1.09% 1.79% 7.27% 6.58% 5.96% 4.60% 5.21% 1.17% 4
   with sales load -2.93% -2.31% 2.95% 5.13% 5.10% 4.18% 4.84% 1.17% 4
Hancock Horizon Louisiana Tax-Free Income Fund Class A (2/1/2011)
   without sales load 3.43% 6.03% n/a n/a n/a n/a n/a 1.85% 5
   with sales load -0.71% 1.77% n/a n/a n/a n/a n/a 1.85% 5
Hancock Horizon Mississippi Tax-Free Income Fund Class A (2/1/2011)
   without sales load 3.50% 6.68% n/a n/a n/a n/a n/a 1.86% 5
   with sales load -0.66% 2.41% n/a n/a n/a n/a n/a 1.86% 5
Hancock Horizon Government Money Market Fund Class A (5/31/2000)
   without sales load 0.00% 0.00% 0.01% 0.01% 0.84% 1.12% 1.49% 1.12% 6
7-Day Compound Yield: 0.01%
7-Day Current Yield: 0.01%

* Periods over one year are annualized

1 The net expense ratio for the Burkenroad Fund Class A is 1.41% and Class D is 1.66%. Fee waivers are contractual and are in effect until 5/31/12.

2 The net expense ratio for the Quantitative Long/Short Fund Class A is 1.96%. Fee waivers are contractual and are in effect until 5/31/12.

3 The net expense ratio for the Diversified International Fund Class A is 1.78%. Fee waivers are contractual and are in effect until 5/31/12.

4 The net expense ratio for the Strategic Income Fund A Class is 1.06%. Fee waivers are contractual and are in effect until 5/31/12.

5 The net expense ratio for the Louisiana Tax-Free Income Fund and the Mississippi Tax-Free Income Fund is 1.02%. Fee waivers are contractual and are in effect until 5/31/12.

6 The net expense ratio for the Government Money Market Fund A Class is 1.08%. Fee waivers are contractual and are in effect until 5/31/12.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more of less than their original cost and current performance may be lower or higher than the performance quoted.

A 4.00% sales charge exists on the Strategic Income Bond Fund, Louisiana Tax-Free and Mississippi Tax-Free Income Funds, class A shares. A 5.25% sales charge exists on class A shares of the Value Fund, the Growth Fund, the Burkenroad Fund, the Quantitative Long/Short Fund, and the Diversified International Fund.

An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. The yield quotation more closely reflects the current earnings of the money market fund than the total returns.