Rainier Balanced Overview

Objective

The Balanced Strategy seeks to provide investors with a balance of long-term capital appreciation and current income. The strategy invests primarily in a diversified portfolio of common stocks of U.S. companies, investment-grade debt securities; and cash equivalents securities. Aggressive market timing is avoided. Shifts from one asset class to another are normally made in increments of 5% or less. The equity securities will be of the type and have the same selection criteria as the Large Cap Equity Strategy. Fixed-income securities held in the strategy will be of the type and have the same criteria as the Moderate Duration Fixed Income Strategy.

Benchmarks

Balanced Index

Available Investment Vehicles

	Mutual Fund - Original	Mutual Fund - Institutional	Separate Account
Vehicle Name	Balanced Portfolio	Balanced Portfolio	Balanced
Inception Date	5/10/1994	5/2/2002	1/1/1987
Symbol	RIMBX	RAIBX	N/A
Sales Load	N/A	N/A	N/A
12b-1 Fees	0.25%	0.00%	N/A
Fee Schedule	N/A	N/A	Please contact a client service representative
Minimum Investment	$2,500	$100,000	$25,000,000
Minimum through Schwab and Fidelity	$2,500	$100,000	N/A
Custodian and Trustee	N/A	N/A	N/A