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| Mutual Funds |
| U.S. Growth Class |
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The Fund's objective is to maximize long-term capital growth
by investing primarily in U.S. equity securities. The Fund may also invest in
index units of U.S. stock exchanges. |
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| 5-Star Ratings
from Globefund & Morningstar |
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| We are pleased to
announce the following Middlefield mutual funds have been awarded a 5-star
rating by Globefund (June 30, 2008): Canadian Balanced Class, Income Plus
Class, U.S. Growth Class and Enhanced Yield Fund. |
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| Morningstar has
also awarded the following Middlefield mutual funds with their 5-star rating
(June 30, 2008): Canadian Balanced Class and U.S. Growth Class. |
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