CUIT Balanced Fund

Historical Comparative Performance as of Dec. 31, 2011	3 Mo. 1 Yr. 3 Yr. 5 Yr. Since   Inception
CUIT Balanced Fund 7.00 0.71 12.71 1.54 5.03 60% S&P / 40% BCAG** 7.54 4.69 11.60 2.84 4.32

**Benchmark Index: 60% S&P 500 /40% LBAgg eff. 12/31/02; 60% S&P 500/30% LBAgg/10% 91-Day T-Bill effective 4/1/91; 60% LBAgg/40% S&P 500 in prior periods.

Performance for periods of one year and longer are annualized. All fund performance (including that of comparative indices) is reported net of any fees and expenses, but inclusive of dividends and interest. Past performance is not indicative of future performance. The return and principal value of the Fund(s) will fluctuate, and upon redemption, shares in the Fund(s) may be worth less than their original cost. The comparative indices represent unmanaged or average returns on various financial assets which can be compared to the funds' total returns for the purpose of measuring relative performance. Comparative index information is provided by Lipper Analytical Services, Inc.and Mellon Bank; information regarding composition of indexes may be obtained from provider or CBIS. CBIS offers pooled funds on behalf of two not-for-profit investment trusts, Religious Communities Trust (RCT) and Catholic United Investment Trust (CUIT), Offering Memoranda / Disclosure Statements, which contain further information, are available by calling either 800-592-8890 or 800-321-7194. Such information should be carefully considered prior to investing in the Funds.