Government Obligations

Investment Strategy

Seeks to provide maximum current income and daily liquidity by purchasing high-quality U.S. government securities and repurchase agreements collateralized at more than 100%.

Fund Facts

CUSIP:

31846V849

Standard & Poors Rating:

AAAm

Moody's Rating:

Aaa

Minimum Investment:

$2500

Expense Ratio:

0.79%

1 Day Net	7 Day Current	30 Day Net
% Yieldas of 7/29/2010
0.00%	0.00%	0.00%

Total Net Assets (All Classes)

$13,901.90 million as of 6/30/2010

12 Month Distribution Yield

0.00% as of 6/30/2010

Weighted Average Maturity

41.00 DAYS as of 7/29/2010

Fund Documents

	1 mth	3 mth	YTD	1 yr	3 yr	5 yr	10 yr	Since Incept.	Inception Date
Fund Performance
	Net Yield as of 6/30/2010			Average Annualized Returns as of 6/30/2010
	0.00	0.00	0.00	0.00	1.30	2.41	–	1.81	9/24/2001

Fund Features

Assigned highest credit ratings by Standard & Poor's and Moody's.
Use of repurchase agreements fully collateralized by U.S. government securities.
Combination of government securities with repurchase agreement may offer the potential for higher yields than treasury only type funds, but presents some additional risk.*

*While treasury securities are supported by the full faith and credit of the U.S. government, some U.S. government securities are supported only by the credit of the issuer. Repurchase agreements are subject to the risk that the seller will default on its obligation to repurchase the securities, which could result in a loss to the fund.

Money Market Portfolio Management

James Palmer, CFA

Managing Director, Head of Short-Term Fixed Income

Began working in the financial industry in 1987
B.S. from the University of Wisconsin - La Crosse and M.B.A. from the University of Minnesota; CFA Institute member; CFA Society of Minnesota member

Jeffrey Plotnik

Director of Money Market Fund Management

Began working in the financial industry in 1992
B.S. from St. Cloud State University and an M.B.A. from the University of St. Thomas

John Dikeman

Fixed-Income Trader

Began working in the financial industry in 1994
B.S. from the University of Wisconsin-La Crosse

Eric Espeseth

Fixed-Income Trader

Began working in the financial services industry in 2004
B.S. from St. Cloud State University

Performance shown is historical and does not guarantee future results. Current performance may be lower or higher. For current month-end performance information, call 800.677.FUND. Performance assumes the reinvestment of dividends and capital gains.

The 7-day current yield quotation, rather than the total return quotation, more closely reflects the current earnings of the fund.

Investment performance reflects voluntary fee waivers. In the absence of such waivers, returns and yields would be reduced. The advisor is currently waiving fees and reimbursing expenses as needed to prevent the fund's yield from falling below 0.00%. Shareholders will be given at least 30 days notice if the advisor discontinues this practice.

An investment in money market funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Although these funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds.

12-Month Distribution Yield: The 12-Month Distribution Yield is a measure of the fund's income distributions. This figure is derived by summing the income distributions over the trailing 12 months and dividing that by the last month's ending net asset value.

WAM-Weighted Average Maturity: The average of the stated maturity dates of the securities held in the fund.

Standard & Poor's AAAm Rating: S& P evaluates a number of factors, including credit quality, market price, exposure, and management.

Moody's Aaa Rating: Money market funds with this rating are judged to be of an investment quality similar to Aaa-rated fixed-income obligations; that is, they are judged to be of the highest quality.