Comparative Portfolio Performance Graph 1993-2011
Growth of a $1,000,000 investment

*As of September 1, 2011, the Robotti Small Cap Value Composite has been renamed the Robotti Value Equity Composite.
Inception through August 2011, benchmark was the Russell 2000 Index. September 2011 through present, benchmark is the Russell 2500 Value Index.
Past performance is no guarantee of future results. Illustration is based on a hypothetical $1,000,000 investment, net of management fees. All results shown assume reinvestment of dividends and capital gains.

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