Cadence Focused Growth Fund

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MFIGX Morningstar Risk-Adjusted Ratings as of April 30, 2012
Overall Rating	3 Years	5 Years	10 Years	Category
(of 1465 Funds)	(of 1465 Funds)	(of 1273 Funds)	(of 820 Funds)	Large Growth

Fund Facts (as of 3/31/2012)

Investment Style:	Large-Cap Growth

Benchmark(s):	Russell 1000^® Growth

Subadvisor(s):	Cadence Capital Management LLC

Fund Net Assets:	$10,464,854

Share Class Facts

Share Class:	Institutional

Ticker:	MFIGX

Cusip:	561717372

Inception Date:	8/31/1999

Expense Ratio: (Gross / Net)	1.27% / 0.77%

Minimum Investment: Initial / Subsequent	$2,500,000 / $1,000

Minimum IRA Investment: Initial / Subsequent	$50,000 / $1,000

Maximum Sales Charges:	N/A

12b-1 Fees:	N/A

Learn more about share classes offered by Managers Investment Group.

Fund Focus

The Managers Cadence Focused Growth Fund invests predominantly in common stocks in the Russell 1000^® Growth Index that have market capitalizations of at least $100 million. Cadence Capital Management LLC ("Cadence") employs a "growth-at-a-reasonable-price" (GARP) investment philosophy, investing in companies that exhibit both growth and value characteristics. The team ranks stocks in this universal based on a series of growth characteristics (such as the change in consensus earnings estimates over time, the company's history in meeting earnings targets, and improvement in return on equity) as well as a series of value criteria (such as price-to-earnings ratios and free cash flow relative to enterprise value). Cadence then subjects the most attractively ranked stocks in to an analysis of company factors (such as strength of management, competitive industry position and business prospects) and financial statement data to select approximately 35 to 45 stocks for the Fund. At times, depending on market and other conditions, the Fund may invest a substantial portion of its assets in a small number of issuers, business sectors or industries. The Fund may also invest a portion of its assets in real estate investment trusts (REITs).

Where This Fund May Fit As Part Of Your Asset Allocation

The Managers Cadence Focused Growth Fund may be appropriate for your overall investment allocation if you are:

Looking to gain exposure to large, high-quality U.S. companies
Seeking long-term growth of capital
Willing to accept a higher degree of risk for the opportunity of higher potential returns
Willing to accept short-term volatility of returns

Disclosure

Investors should carefully consider the Fund's investment objectives, risks, charges and expenses before investing. For this and other information, please call 800.835.3879 or download a free prospectus. Read it carefully before investing or sending money.

The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields on the Fund are net of expenses. Unlike the Fund, the index listed is unmanaged, is not available for investment and does not incur expenses.

Class C shares convert to an equal dollar value of Class A shares at the end of the tenth year after purchase.

The Fund's investment manager has contractually agreed, through at least October 1, 2013, to limit Fund operating expenses. The net expense ratio reflects this limitation, while the gross expense ratio does not. Please refer to the Fund's prospectus for additional information on the Fund's expenses.

Fund inception dates reflect that of the Predecessor Fund, which was reorganized into the Fund on September 27, 2010.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metric.

Morningstar Rating is for the share class indicated only (see ticker), other share classes may have different performance characteristics. The Ranking may reflect the waiver of all or a portion of the fund's fees. Without such waiver, the Rankings may have been lower.

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