Foundation Financial

Partners, LLC

Fund Investment Objectives

Our investment objective is to seek maximum long-term capital growth through investments in companies in the banking, thrift and financial services industries. We attempt to realize our investment objective by investing primarily in common stocks and other equity securities of companies in these industries that we believe are undervalued relative to the underlying value of their franchise. We may take a limited number of large positions (i.e., 5% to 10% of each company), concentrating our investments in securities issued by existing small public banks and thrift institutions which typically will have market capitalizations of $500 million or less at the time of purchase.