Strives to Outperform the Mid-Cap Value Sector Over Complete Market Cycles

Quaker Mid-Cap Value Fund seeks long-term growth of capital. The Fund is constructed to give dependable exposure to the stocks of mid-sized companies exhibiting traditional value characteristics.

Managed by Frank Latuda, Jr., CFA of Kennedy Capital Management, Inc.

Frank Latuda, Jr., CFA, is a Vice President, Director, Chief Investment Officer, and Portfolio Manager of the All Cap Value, Small Cap Value and Mid Cap Value portfolios for Kennedy. In his capacity as Chief Investment Officer, Mr. Latuda also serves as the chairman of the Investment Advisory Committee. He joined Kennedy as an equity analyst in 1997, and served as Director of Research from 1998 until 2000. He has been involved in Mid Cap Value investing since 2002 in various roles at Kennedy. Mr. Latuda earned his BS in Electrical Engineering from the University of Notre Dame, as well as a MS in Electrical Engineering and a MBA from the University of Illinois.