Nothing presented should be deemed as an offer to buy an interest in any of the Turner Funds. Shares are sold only through the currently effective prospectus. Please read the prospectus and consider the investment objectives, risks, and charges and expenses of the Funds carefully before you invest. A free prospectus can be obtained by calling 800.224.6312 or by visiting www.Turnerinvestments.com.  Mutual Fund investing involves risk, including the possible loss of principal. Investment returns and principal value will fluctuate and when redeemed, shares may be worth more or less than their original cost. Past performance is no guarantee of future results.

The views expressed represent the opinions of Turner Investment Partners and are not intended as a forecast, a guarantee of future results, investment recommendations, or an offer to buy or sell any securities. You cannot invest directly in an index. An index does not have an investment adviser and does not pay any commissions, expenses or taxes. If an index had expenses, its performance would be lower. Any comparison of the Fund’s performance to an index is for illustrative purposes only. Unlike the index, investments in the Fund may be speculative, highly leveraged, illiquid and subject to a substantial risk of loss. Also, the Fund's use of short sales, option strategies, and leverage may result in significant capital loss.

Information regarding risk:  The investment risks of the Turner Spectrum Fund are increased by the Funds' ability to focus its investments in one or more economic sector, to invest in smaller and medium capitalization companies, foreign companies, and IPOs. Also, the Fund's use of short sales, option strategies, and leverage may result in significant capital loss. There can be no assurance that the strategy will be successful in limiting volatility. Diversification does not eliminate the risk of experiencing investment losses.

The following expenses may be associated with the fund: Institutional Class expense ratio (gross) 2.15%, expense ratio (net) 1.95%; Investor Class expense ratio (gross) 2.40%, expense ratio (net) 2.20%. Turner has contractually agreed to waive fees and reimburse Fund expenses to keep the Funds Net Operating Expenses of the Institutional Class and Investor Class Shares from exceeding 1.95% and 2.20%, respectively, through May 6, 2010.  Turner may discontinue this arrangement at any time after May 6, 2010.

The Turner Funds are distributed by SEI Investments Distribution Co., Oaks, PA 19456.