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 &lt;p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 8%"&gt;
 &lt;font style="FONT-FAMILY: ARIAL" size="2"&gt;&lt;b&gt;Note 20. Subsequent
 Events&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;
 &lt;p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 8%" align="justify"&gt;&lt;font style="FONT-FAMILY: Times New Roman" size="2"&gt;The Company&amp;#x2019;s Board of Directors formally agreed on
 August&amp;#xA0;23, 2013, to exit the transfer agency business so that
 the Company could focus more on its core strength of investment
 management. On August&amp;#xA0;23, 2013, the Funds&amp;#x2019; board of
 trustees agreed to continue the existing transfer agency contract
 with USSI until conversion to the new transfer agent, which is
 projected to be in December 2013.&lt;/font&gt;&lt;/p&gt;
 &lt;p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 8%" align="justify"&gt;&lt;font style="FONT-FAMILY: Times New Roman" size="2"&gt;Transfer agent fees are based on the number of shareholder
 accounts as well as transactions and activity of shareholders.
 Therefore, the change in the Company&amp;#x2019;s revenue cannot be
 precisely estimated. Based on fiscal year 2013, the Company
 estimates that net transfer agency revenues will decrease on an
 annual basis approximately $1.31 million and expenses will decrease
 approximately $1.47 million. The Company has estimated that the
 transition costs will range from $150,000 to $375,000; these will
 be recognized in fiscal year 2014. The Company will continue to
 receive shareholder servicing fees based on the assets held through
 broker-dealer platforms. These shareholder servicing fees, included
 in transfer agent fees in the Consolidated Statements of Operations
 and Comprehensive Income, amounted to $1.38 million in fiscal year
 2013. On August&amp;#xA0;23, 2013, the Funds&amp;#x2019; board of trustees
 also approved an increase to the administrative services fees paid
 to the Company. The new fees, projected to be effective in December
 2013, will change from an annual rate of 0.08 percent to 0.10
 percent per investor class and from 0.06 percent to 0.08 percent
 per institutional class of each Fund, based on average daily net
 assets, plus $10,000 per Fund.&lt;/font&gt;&lt;/p&gt;
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