Annual Average Total Returns
(%) as of 9/30/17

Fixed Income 3
Months
1
Year
3
Years
5
Years
10
Years
Since Inception Inception Date
CUIT Money Market Fund + 0.26 0.75 0.32 0.20 0.44 3.27 1/1/1985
Bloomberg Barclays U.S. Short T-Bills (1-3M) Index ± 0.25 0.64 0.31 0.22 0.47 3.70  
               
CUIT Short Bond Fund 0.48 1.39 1.58 1.39 2.65 5.23 1/1/1985
Bloomberg Barclays 1-3 Year Treasury Index** 0.24 0.24 0.76 0.63 1.70 5.04  
               
CUIT Opportunistic Bond Fund Class A 0.62 1.31 1.85 0.00 0.00 1.42 5/1/2013
CUIT Opportunistic Bond Fund Class B 0.56 1.35 1.97 0.00 0.00 1.54 5/1/2013
Bloomberg Barclays 1-5 Year US Government/Credit Index 0.43 0.51 1.51 0.00 0.00 1.19  
               
CUIT Intermediate Diversified Bond Fund Class A 0.86 0.47 2.65 2.13 4.85 5.80 1/1/1995
CUIT Intermediate Diversified Bond Fund Class B 0.90 0.62 2.81 2.28 5.00 4.72 1/1/2003
Bloomberg Barclays Aggregate Bond Index 0.85 0.07 2.71 2.06 4.27 5.73 / 4.19  
               

Annual Average Total Returns
(%) as of 9/30/17

Balanced and Equity 3
Months
1
Year
3
Years
5
Years
10
Years
Since Inception Inception Date
CUIT Balanced Fund 3.08 12.53 6.78 9.58 6.22 8.88 12/1/1983
60% S&P 500 / 40% BBAgg 3.03 10.92 7.76 9.43 6.56 8.77  
               
CUIT Value Equity Fund Class A 3.98 19.17 7.20 13.06 5.61 9.63 1/1/1995
CUIT Value Equity Fund Class B 4.07 19.60 7.58 13.45 5.98 9.72 1/1/2003
Russell 1000 Value Index 3.11 15.12 8.53 13.20 5.92 10.14 / 9.34  
               
CUIT Core Equity Index Fund Class A 4.47 18.52 10.46 13.90 6.92 9.60 1/1/1995
CUIT Core Equity Index Fund Class B 4.53 18.74 10.67 14.13 7.13 5.56 3/1/2000
Standard & Poors 500 Index ++ 4.48 18.61 10.81 14.22 7.44 9.86 / 5.57  
               
CUIT Growth Fund Class A 5.50 18.53 11.28 13.69 7.20 8.55 1/1/1991
CUIT Growth Fund Class B 5.57 18.87 11.62 14.05 7.53 8.85 1/1/2003
Russell 1000 Growth Index **** 5.90 21.94 12.69 15.26 9.08 9.69 / 10.32  
               
CUIT Small Capitalization Equity Index Fund Class A 5.47 20.08 11.63 13.21 7.33 7.06 1/1/2007
CUIT Small Capitalization Equity Index Fund Class B 5.56 20.37 11.95 13.54 7.64 7.36 1/1/2007
Russell 2000 Index 5.67 20.74 12.18 13.79 7.85 7.59  
               
CUIT International Equity Fund Class A 6.95 20.46 6.21 8.49 1.35 6.14 1/1/1995
CUIT International Equity Fund Class B 7.06 20.95 6.65 8.93 1.76 2.49 3/1/2000
MSCI ACWI-ex U.S. ‡ 6.25 20.15 5.82 9.05 1.91 5.71 / 3.96  
               
Please review our important disclosures.
+ The CUIT Money Market Fund changed its investment approach from overnight repurchase agreements, to actively managed effective 8/1/01. ± Effective April 1, 2017, the benchmark for the CUIT Money Market Fund was changed to the Bloomberg Barclays U.S. Short Treasury Bills (1-3 Month) Index. For periods prior to April 1, 2017, the applicable benchmark was the Merrill Lynch 91-Day Treasury Bill Index. ** Effective July 1, 2016, the benchmark for the CUIT Short Bond Fund (SBF) was changed to the Barclays Capital 1-3 Year Treasury Index. For periods prior to July 1, 2016, the applicable benchmarks were: ML 1-3 Yr Treasury Index effective 7/1/01; ML 1-5 Yr G/C Index effective 4/1/98; 50% LB Intermediate Government /50% LB 1-3 Yr Government effective 5/1/96; LB 1-3 Yr Government in prior periods. The benchmark performance shown for SBF in this presentation reflects the linked performance of these benchmarks for each applicable period. ++ “S&P 500” is a registered trademark of McGraw-Hill Companies, Inc. (“McGraw-Hill”). The CUIT Core Equity Index Fund is not sponsored, endorsed, sold or promoted by Standard & Poor’s and Standard & Poor’s makes no representation regarding the advisability of investing in the Fund. *** Benchmark Index: 60% S&P 500/40% BC Aggregate effective 1/2/03; 60% S&P 500/30% LB Aggregate/10% T Bill effective 4/1/91; 60% LB Aggregate/40% S&P 500 in prior periods. **** Benchmark Index: Russell 1000 Growth Index effective June 1, 2000; prior to this date, historical returns reflect Russell Mid-Cap Growth Index. ‡ Effective June 1, 2015, the benchmark for the International Equity Fund was changed to the Morgan Stanley Capital International All Country World ex U.S. Index (“ACWI ex U.S.”). For periods prior to June 1, 2015, the applicable benchmark was the Morgan Stanley Capital International Europe, Australia and the Far East Index (“EAFE”). The benchmark performance shown in this presentation reflects the linked performance of the two benchmarks for the respective applicable periods.