The inception date of Class A shares was 5-2-96. Class B shares incepted on 5-6-96. Class C shares incepted on 10-1-98. Performance shown prior to the inception of Class A and Class B shares reflects the performance of the Administrator Class shares, adjusted to reflect Class A and Class B sales charges and expenses, as applicable. Performance shown prior to the inception of Class C shares reflects the performance of the Administrator Class shares, adjusted to reflect Class C sales charges and expenses. Performance prior to 11-11-94 reflects the performance of an unregistered collective investment fund that was not subject to the same requirements and restrictions as the Diversified Equity Fund.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.