Market Review/ Adviser Commentary

Adviser’s Perspective Archive

4th Quarter 2007

Quaker Strategic Growth Fund
Quaker Mid-Cap Value Fund
Quaker Small-Cap Value Fund

3rd Quarter 2007

Quaker Strategic Growth Fund
Quaker Mid-Cap Value Fund
Quaker Small-Cap Value Fund

2nd Quarter 2007

Quaker Strategic Growth Fund
Quaker Mid-Cap Value Fund
Quaker Small-Cap Value Fund

1st Quarter 2007

Quaker Strategic Growth Fund
Quaker Mid-Cap Value Fund

February 2007

Quaker Strategic Growth Fund
Quaker Mid-Cap Value Fund

January 2007

Quaker Strategic Growth Fund
Quaker Mid-Cap Value Fund

December 2006

Quaker Strategic Growth Fund
Quaker Mid-Cap Value Fund

November 2006

Quaker Strategic Growth Fund

Prior issues of Adviser's Perspective are available upon request by contacting the Fund at 1-800-220-8888.



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