Average Annual Returns
as of (11/30/2012)

Class A Shares Inst'l Shares
3 Months 0.00% 0.00%
YTD 0.01% 0.01%
1 Year 0.01% 0.01%
3 Years 0.03% 0.03%
5 Years 0.26% 0.34%
10 Years 1.18% 1.42%
Since Inception 2.47% 2.73%

Yield Information
as of (10/31/2012)

Class A Shares Inst'l Shares
7-Day 0.01% 0.01%
7-Day Effective 0.01% 0.01%
30-Day Annualized 0.01% 0.01%

Monthly Dividend Distribution
as of (12/31/1969)


The gross expense ratios for Class A, B and C Shares are 1.14%, 1.64% and 1.64%, respectively. The net expense ratios for Class A, B and C Shares are 1.00%, 1.50% and 1.50%, respectively. The Adviser has contractually agreed to limit the advisory fees paid by the Fund to 0.26% (the "Advisory Fee Limit") for the period from February 1, 2010 through January 31, 2013. From February 1, 2010 through January 31, 2013 the Adviser may recoup from the Fund all or a portion of the advisory fees that it waives beyond the Advisory Fee Limit during the period from February 1, 2010 through January 31, 2013 (the "Recoupment Amount"), subject to certain limitations. The Adviser may not recoup any amount from the Fund if the Recoupment Amount plus the Advisory Fee Limit would exceed the Management Fee noted above. This contractual limitation will automatically terminate upon termination of the Investment Advisory Agreement or the Management and Administration Agreement between the Fund and the Adviser/Administrator. Any such recoupment would reduce the Fund's future total return.

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit www.sterlingcapitalfunds.com/funds/performance-summary.php.

Money market funds are not insured or guaranteed by the FDIC or any other government agency. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds.

The 7-day yield is as of 12/31/2011. The yield quotation more closely reflects the current earnings of the fund than the total return quotation.

The performance of the U.S. Treasury Money Market Fund reflects the deduction of fees for value-added services associated with a mutual fund, such as investment management and fund accounting fees. The inception date for Class A Shares is 10/5/92. The performance shown reflects the reinvestment of all dividend and capital gains distributions.