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

Amended 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 6/1/2011
Minimum Required Coverage
     
Pear Tree Funds
    
    Small Cap Fund
$ 118,265,860
$525,000
    Quality Fund
$  71,378,160
$400,000
    Emerging Markets Fund
$ 186,502,899
$600,000
    Foreign Value Fund
$ 453,123,805
$750,000
    Foreign Value Small Cap
       Fund
$ 105,643,826
$525,000
    Micro Cap Fund
$ 455,000 (as of 9/7/11)
$50,000