EX-99 5 exhibitd.htm EXHIBIT D exhibitd.htm

EXHIBIT D
 
A Single insured fidelity bond in the following amount would have been acquired and maintained by each of the following investment companies had they not been named as an insured under a joint insured policy:
 

 
Investment Company
Assets as of 5/1/2010
Minimum Required Coverage
     
Quant Funds
    
    Small Cap Fund
$ 109,511,777
$525,000
    Long/Short Fund
$  52,994,362
$50,000
    Emerging Markets Fund
$ 224,017,252
$600,000
    Foreign Value Fund
$ 436,792,033
$750,000
    Foreign Value Small Cap
       Fund
$ 121,326,729
$525,000