DIVIDEND CAPTURE FUND

Capturing income opportunities

from equities

What Do You Need From Your

Investments in Todays Economy?

Income?
Capital appreciation?
Diversification?
Protection on the downside?
Inflation protection?
Competitive returns?
Reduced volatility?
Total return?

Then the Huntington Dividend Capture Fund

May Capture Your Attention!
Designed to provide the potential for monthly income plus the opportunity to
grow your principal with lower volatility than the broad stock market.
During economic downturns or relatively flat markets, dividends can add to the total return of your investment. Of course, your
dividends can be taken in cash if you need help with living expenses, or they can be left in the portfolio and reinvested.
Historically, companies known for returning capital to investors in the form of dividends, reducing debt or buy-backs have been
rewarded with higher share prices. With cash balances at record levels and relatively low payout ratios, we believe theres clearly
room for companies to increase their dividends in the near future, providing additional income potential for investors to help
offset rising prices during times of inflation.
The Huntington Dividend Capture Fund may be a good choice if you are a risk-averse investor, yet still want to participate in the
growth potential of the stock market. Historically, stocks that pay reasonable dividends usually perform better than their nondividend paying peers. They also tend to have lower volatility than the broad stock market.
In addition, the Fund may invest in preferred stocks and Real Estate Investment Trusts (REITS), which offer less traditional
income opportunities and greater diversification in the portfolio.

During economic downturns or relatively flat

markets, dividends can add to the total return
of your investment.

What Is Our Investment Process?

Focus on value.
The Fund invests primarily in dividend-paying stocks that we believe
are undervalued or out of favor.

Dividend Filter

S&P Composite
1500

Dividend
Paying Stocks
(Approx. 850)

(1,500 Companies)

Proprietary Quantitative
Screening Procedures

Buyable
Stocks

Fundamental Stock
Analysis

Stock
Portfolio
(Approx. 75)

Rigorous selection process.

The Huntington Dividend Capture Fund manager follows a highly disciplined investment process, combining
quantitative and qualitative analysis along with fundamental research:


Begin with the S&P Composite 1500



Eliminate stocks that pay no dividend



Remove fundamentally unsound companies



Evaluate fundamental and technical factors to forecast probable return over 1-3 years



Overlay subjective analysis of management



Review how candidates fit within the portfolio as a whole



Invest in approximately 70-80 positions

A similar approach is used to select preferred shares and REITs.

Disciplined Dividend Capture Strategy

Purchases and Sells Are Timed to Capture Additional Income.
To add to the potential for income in the portfolio, we may strategically purchase
a stock very near the time it is scheduled to pay its quarterly dividend, selling it
soon afterward. While this strategy may increase portfolio turnover and result in
additional tax consequences, it can result in a concentrated dose of income.
Of course, these strategic purchases are subject to the same rigorous evaluation
process we use to select any stock for the Fund. This helps ensure that each
security we buy fits the Funds strategy.

DIVIDEND CONTRIBUTIONS TO S&P 500S TOTAL RETURN

1926 2011

RETURN PERCENTAGE

20

WHO SHOULD INVEST

Investors seeking capital
appreciation with the potential
for higher current income than
the average stock fund.
KEY FEATURES

Total Return

18

Price Return

16

Dividend Return



 ocus on dividend paying

F
securities: value stocks,
preferred stocks and REITs



Value-oriented, multi-cap
approach



 trategic dividend capture

S
strategy



 ptions hedging may

O
be used to help manage
volatility

14
12
10
8
6
4
2
0
-2

1926-2011

2010-2011

2000-2009

1990-1999

1980-1989

1970-1979

1960-1969

1950-1959

1940-1949

1926-1939

-4

Preferred stocks: A class of ownership in a company that has a higher claim on assets and earnings than common stocks. Preferred shares generally
pay a fixed dividend.
Real Estate Investment Trusts: A security that sells like a stock on the major exchanges and uses the pooled resources of many investors to invest in
real estate, either properties or mortgages.
Value stocks: Stocks considered to be trading at good prices relative to the companys fundamentals.
Options hedging: The practice of using option contracts to potentially offset the risk of adverse price movements of an individual holding or the
portfolio as a whole.
Diversification cannot assure profit or protect against loss in a declining market.

The Huntington Advantage

All Huntington Funds take advantage of our fully integrated team of investment
strategists, analysts and traders.
Our team includes some of the most experienced people in the industry. On average, the investment professionals of
Huntington Asset Advisors, Inc. (HAA), advisor to the Funds, have more than 25 years in the investment business.
Managing money always demands a blending of art and science. At Huntington, our staffs experience and talent contribute
the art. Our disciplines provide the science. Today HAA and its affiliates manage nearly $14.6 billion* for individuals,
institutions, endowments, foundations, retirement plans, IRAs and municipalities across six states. HAA is a wholly-owned
subsidiary of the Huntington National Bank, which is the principal subsidiary of Huntington Bancshares Incorporated,
a regional bank holding company headquartered in Columbus, Ohio with $54.5 billion* in assets.

KIRK MENTZER, Senior Vice President and Director of Research at Huntington

National Bank. In addition to the Huntington Dividend Capture Fund, Kirk manages
the Huntington Fixed Income Securities Fund and selected institutional portfolios.
Kirk has over 20 years of experience in investment management, including developing
and applying forecasting and portfolio analytic systems to improve investment
performance and reduce volatility.

*as of December 31, 2011

Helping You Capture More Income

for Your Portfolio
You are unique and so are your income needs.
Even if you are an investor who doesnt need regular income payments
today, you may benefit by investing in the Huntington Dividend Capture
Fund to help enhance your overall investment returns by reinvesting the
income earned by the Fund.
Look to your financial professional to guide you in selecting the Huntington
Fund best suited for your investing personality. For more information, visit
our website at huntingtonfunds.com.

OBJECTIVE
Total return on investment, with
dividend income as an important
component of that return
FAST FACTS
Class A Ticker: HDCAX
Trust Shares Ticker: HDCTX
Invests for: Total return & income
Invests in: Value stocks, preferred
stocks and REITs
Payout cycle: Monthly
Portfolio manager:
Kirk Mentzer, Senior Vice
President & Director of Research
Inception date: March 1, 2001

No investment strategy, including a total return strategy, can ensure a profit or protect against loss. Additionally, investing in a total return strategy
may result in underperformance during a bull market.

There are no guarantees that dividend paying stocks will continue to pay dividends. In addition, dividend paying stocks may not
experience the same capital appreciation potential as non-dividend paying stocks.
There is no guarantee that hedging strategies, including writing covered calls and other equity option strategies will succeed;
the strategy is not an indicator of future performance; and investment results may vary.
Investing in securities involves risk, including possible loss of principal amount invested.
There is no guarantee that this or any investment strategy will succeed; the strategy is not an indicator of future performance;
and investment results may vary.
Real estate investment trusts (REITs) and real-estate related securities involve special risks associated with an investment in
real estate, such as limited liquidity and interest rate risks and may be more volatile than other securities. In addition, the value
of REITs and other real estate-related investments is sensitive to changes in real estate values, extended vacancies of properties
and other environmental and economic factors.
Smaller companies involve additional risks such as limited liquidity and greater volatility.

For more complete information about the Huntington Funds, please call 1-800-253-0412 for a prospectus or summary
prospectus or log onto our website at huntingtonfunds.com. You should consider the Funds investment objectives, risks,
charges and expenses carefully before you invest. Information about these and other important subjects is in the Funds
prospectus or summary prospectus, which you should read carefully before investing. The investment return and principal
value of an investment will fluctuate so that an investors shares when redeemed may be worth more or less than their
original cost.
The Funds are distributed by Unified Financial Securities, Inc., 2960 North Meridian Street, Suite 300, Indianapolis, IN 46208
(Member FINRA) a wholly-owned subsidiary of Huntington Bancshares, Inc. and an affiliate of Huntington Asset Advisors, Inc. the
advisor to the Huntington Funds.

Huntington Funds
41 South High Street, HC0520
Columbus, OH 43215
HuntingtonFunds.com

and Huntington are federally registered service

marks of Huntington Bancshares Incorporated.