Last month's Fund Watch incorrectly implied that co-manager Jarrod
Wilcox of Vanguard Trustees' Commingled-International was new to the
fund. In fact, he recently returned to Trustees' after five years of
managing other funds.

HOLE YARDS PAR R1 R2 R3 R4
OUT
HOLE YARDS PAR R1 R2 R3 R4
IN
Eagle (-2)
Birdie (-1)
Bogey (+1)
Double Bogey (+2)