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Performance Without Comprimise

[Mutual Fund]Month-End

as of 12/31/08

Performance (%)

FUND 3 MONTH* YTD* 1 YR 3 YR 5 YR 10 YR SINCE
INCEPTION
INCEPTION
DATE
Aggressive Inv 1
BRAGX
(closed to new 
investors)
-32.80% -56.16% -56.16% -16.09% -5.30% 7.90% 12.59% 8/5/94
Aggressive Inv 2
BRAIX
-32.58% -55.07% -55.07% -14.45% -2.90% NA 0.65% 10/31/01
Ultra-Small Co.
BRUSX
(closed to new 
investors)
-27.19% -46.24% -46.24% -14.03% -4.19% 12.05% 13.99% 8/5/94
Ultra-Small Co. Mkt
BRSIX
-27.93% -39.49% -39.49% -13.91% -4.42% 9.44% 8.01% 7/31/97
Micro-Cap Limited
BRMCX
-26.74% -41.74% -41.74% -18.53% -6.22% 7.62% 8.00% 6/30/98
Small-Cap Growth
BRSGX
-25.43% -43.48% -43.48% -14.00% -3.44% NA -2.83% 10/31/03
Small-Cap Value
BRSVX
-28.58% -45.57% -45.57% -13.09% -1.74% NA -1.18% 10/31/03
Large-Cap Growth
BRLGX
-26.49% -45.42% -45.42% -11.98% -4.46% NA -3.70% 10/31/03
Large-Cap Value
BRLVX
-18.26% -36.83% -36.83% -7.86% 0.11% NA 1.50% 10/31/03
Blue Chip 35 Index
BRLIX
-19.01% -33.30% -33.30% -6.53% -3.06% -0.94% 2.09% 7/31/97
Balanced
BRBPX
-9.19% -19.38% -19.38% -2.87% 1.07% NA 2.13% 6/30/01

Historical NAVs

 

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. For the most recent month end performance, please click here or call 800-661-3550. Periods of less than one year are not annualized.

© Copyright 1998-2008 Bridgeway Capital Management™. All rights reserved.

Before investing you should carefully consider the Fund's investment objectives, risks, charges, and expenses. This and other information is in the prospectus, a copy of which may be obtained by calling 1-800-661-3550 or clicking here. Please read the prospectus carefully before you invest.

Total return figures include the reinvestment of dividends and capital gains. Some of the fees were waived or expenses reimbursed; returns would have been lower had this not been the case. Returns do not reflect the taxes that a shareholder who owned this Fund in a taxable account would pay of Fund distributions or on the redemption of Fund shares.

The Fund is distributed by Foreside Fund Services, LLC, which is not affiliated with Bridgeway Capital Management, Inc.™ or any other affiliate.