Rainier Large Cap Overview

Objective

The Rainier Large Cap Equity Strategy seeks to maximize long-term capital appreciation. The Fund invests in a diversified strategy of common stocks of U.S. companies. Rainier selects investments from companies of all sizes. Highly speculative or illiquid stocks are not candidates for the Strategy. Risk control is an important element in the construction of the Strategy. To control risk, extreme overweighting or underweighting of the Strategy relative to the S&P 500^® is normally avoided. To thoroughly diversify, the Strategy consists of 75 to 150 different stocks, each making up a relatively small portion of the Strategy.

Rainier employs a Growth at a Reasonable Price (GARP) investment philosophy in the management of the Strategy. The GARP approach provides an opportunity to invest in companies with superior earnings growth whose equities are selling at attractive valuations.

Market Cap Range

Represents the approximate investable universe.
Construction Benchmark: S&P 500 Index

Weighted Average Market Cap as of 6/30/2010

$56.6 Billion

Median Market Cap

$19.6 Billion

Benchmarks

S&P 500 Index, Russell 1000^® Index, Russell 1000^® Growth Index

Available Investment Vehicles

	Mutual Fund - Original	Mutual Fund - Institutional	Multiple Investment Trust	Separate Account
Vehicle Name	Large Cap Equity Portfolio	Large Cap Equity Portfolio	Rainier Large Cap Collective Trust	Large Cap Equity
Availability	Open	Open	6/1/2010	Open
Inception Date	5/10/1994	5/2/2002	N/A	1/1/1987
Symbol	RIMEX	RAIEX	N/A	N/A
Sales Load	N/A	N/A	N/A	N/A
12b-1 Fees	0.25%	0.00%	N/A	N/A
Fee Schedule	N/A	N/A	Please contact a client service representative	Please contact a client service representative
Minimum Investment	$2,500	$100,000	$5,000,000	$25,000,000
Minimum through Schwab and Fidelity	$2,500	$100,000	$0	N/A
Custodian and Trustee	N/A	N/A	SEI	N/A