Hancock Horizon Funds

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.

At Hancock Horizon Funds (HHF), our goal is to produce long-term financial well being without exposing client portfolios to excessive risk. Our focus is to outperform each fund’s benchmark on a long-term basis while minimizing the risk profile of the portfolio through issue and sector diversification.

We are able to accomplish this through our four investment principles:

Quality
We focus on high quality financial instruments. We invest in companies that exhibit financial strength through solid balance sheets, consistent growth of revenues and earnings, and stable cash flows.

Value
We purchase securities that possess the greatest relative value. Companies are not only evaluated based on their own merits, but also are compared to other investment options.

Discipline
We invest according to a proven, disciplined investment process which over the long run should produce favorable risk-adjusted results. We will not chase the latest fads or 'hot investments.' We are not market timers in search of quick returns.

Control of Risk
We invest in securities with high financial quality and trading liquidity. We manage non-systematic (issue specific) risk through portfolio diversification. Diversifying cannot guarantee a profit or protect against a loss.

Mutual fund investing involves risk including loss of principal. Horizon Advisers serves as investment advisor for the Hancock Horizon Family of Funds. The Hancock Horizon Family of Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Hancock Holding Company, or any of its affiliates.

Carefully consider the Funds' investment objectives, risks, charges and expenses before investing. This and other information, including performance, can be found in the Funds' prospectus, which may be obtained by clicking here for a prospectus or by calling 1-800-990-2434 or writing to Hancock Horizon Funds, 2600 Citiplace Drive, Suite 100, Baton Rouge, LA, 70808 for a prospectus. Please read the prospectus carefully before you invest or send money.

In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. Bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise. International investments may involve risk of capital Loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from social, economic or political instability in other nations. With short sales, you risk paying more for a security than you received from its sale. Bond and bond funds will decrease in value as interest rates rise.

Securities, insurance & other investment products are offered through Hancock Investment Services, Inc., a registered broker/dealer and wholly owned subsidiary of Hancock Bank, Inc. Member of FINRA, SIPC. The Hancock Horizon Family of Funds are available to U.S. investors only and are not available in all states.