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<PAGE> PAGE 12
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SIGNATURE RICHARD ROSE
TITLE TREASURER
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<SERIES>
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<NAME> KOBREN CONSERVATIVE ALLOCATION FUND
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<NUMBER> 041
<NAME> KOBREN DELPHI VALUE FUND RETAIL CLASS
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<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 042
<NAME> KOBREN DELPHI VALUE FUND INSTITUTIONAL CLASS
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<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 01
<NAME> KOBREN GROWTH FUND
<S> <C>
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<NAME> KOBREN MODERATE GROWTH FUND
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