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ASTON/Cornerstone Large Cap Value Fund

 NI
CUSIP00078H84400080Y207
TickerRVALXAAVIX
Share Class Inception1/4/19939/20/2005
Gross Exp Ratio (%)1.190.94
Net Exp Ratio (%)1.070.82
NAV10.7210.73
NAV Change 1.61 1.61
Benchmark Russell 1000 Value Index
Morningstar Category Large Value

Overall Morningstar Rating

ASTON/Cornerstone Large Cap Value Fund  Shares received a Morningstar rating.

Among 1127 Large Value funds derived from a weighted average of the Fund’s 3-, 5- and 10-year risk-adjusted returns as of 12/31/11.

Portfolio Managers

John  Campbell, CFA
John Campbell, CFA

John Campbell, CFA

John  Campbell, CFA

Chief Investment Officer
Mr. Campbell has 29 years of investment experience. He has a BS from State University of New York at Fredonia.

Rick  van Nostrand, CFA
Rick van Nostrand, CFA

Rick van Nostrand, CFA

Rick  van Nostrand, CFA

Portfolio Manager
Mr. van Nostrand has 12 years of investment experience. He has a BS from Southern Methodist University and an MBA from the Wharton School at the University of Pennsylvania.

Cameron  Clement, CFA
Cameron Clement, CFA

Cameron Clement, CFA

Cameron  Clement, CFA

Portfolio Manager
Mr. Clement has eight years of investment experience. He is a graduate of the University of Strathclyde in Glascow, Scotland.

Dean  Morris, CFA
Dean Morris, CFA

Dean Morris, CFA

Dean  Morris, CFA

Portfolio Manager
Mr. Morris has 19 years of investment experience. He is a graduate of Williams College and has a MBA from the University of Chicago.


  • Fund Class N Shares (RVALX)
  • Fund Class I Shares (AAVIX)
  • Russell 1000 Value Index
  • Category: Large Value
Average Annual Total Returns
  Monthly returns (%) Period ended 12/31/11   Annualized Returns (%)
 
  Month3 MonthsYTD 1 yr3 yr5 yr10 yrSince Incept.Incept. Date
Fund Class N Shares (RVALX)0.539.873.02 3.0211.27-0.544.516.841/4/1993
Fund Class I Shares (AAVIX)0.579.793.36 3.3611.59-0.30N/A3.079/20/2005
Russell 1000 Value Index2.0213.110.39 0.3911.55-2.643.898.6512/31/1992
Category: Large Value1.2611.97-0.75 -0.7511.76-2.003.327.0412/31/1992
Calendar year-end returns
  2011201020092008200720062005200420032002
Fund Class N Shares (RVALX)3.0211.9619.43-34.658.1020.916.2715.3825.12-13.88
Fund Class I Shares (AAVIX)3.3612.2519.75-34.538.2921.30N/AN/AN/AN/A
Russell 1000 Value Index0.3915.5119.69-36.85-0.1722.257.0516.4930.03-15.52
The performance data quoted represents past performance. Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that an investor's shares upon redemption may be worth more or less than their original cost. Certain expenses were subsidized. If these subsidies were not in effect, the returns would have been lower. The adviser is contractually obligated to waive management fees and/or reimburse expenses through February 28, 2012. Current performance may be lower or higher than the performance data quoted.

For periods less than one-year, total returns are reported; for periods more than one-year, average annual total returns are reported.

The Russell 1000 Value Index is an unmanaged capitalization weighted index made up of companies with lower price to- book ratios. Indices are adjusted for the reinvestment of capital gains
and income dividends. Individuals cannot invest in an index.
The Morningstar Large Value Funds Category figures allow for a direct comparison of a fund's performance within its Morningstar Category.


Morningstar Rating™ (based on risk-adjusted returns) and Morningstar Rankings™ (based on total returns)
Large Value Category as of 12/31/2011
  Overall 1 yr   3 yr   5 yr   10 yr
  Rating Rank   Rating Rank   Rating Rank   Rating Rank
Fund Class N Shares (RVALX)4 Stars22 3 Stars56 4 Stars26 4 Stars18
Fund Class I Shares (AAVIX)4 Stars21 3 Stars50 4 Stars23 N/AN/A
Total # funds in category 1127 1258   1127   996   571
For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars,the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating is derived from a weighted-average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics.© Morningstar, Inc.

The highest or most favorable Morningstar percentile rank is 1 and the lowest percentile rank is 100. The top-performing fund in a category will always receive a rank of 1. Various rating agencies categorize funds differently. Past performance is no guarantee of future results.

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