Fundamentally based, quantitatively driven.

MDT Advisers, a Federated Advisory Company, provides a disciplined, quantitative approach to investing in U.S. equities. With the Federated MDT Funds, investors can take advantage of the same time-tested, innovative Optimum Q process that stands behind all of MDT's offerings. Its objective in all strategies is the same: to exploit multiple market inefficiencies to outperform the appropriate benchmark with moderate relative risk. The process offers many advantages:

• Extensive analysis—a full universe of stocks is evaluated daily with profit trends, company valuation, and earnings risk assessed from fundamental and behavioral perspectives.
• Disciplined decision making—a sophisticated quantitative framework objectively determines the best stocks to hold, removing emotion and bias from the stock-picking process.
• Proactive research—an ongoing, aggressive research program conducted by the MDT Investment Team means the process is continually being improved.
• Proven results—MDT has achieved a strong track record since 1991, delivering competitive performance across multiple investment strategies.

MDT Institutional and Managed Accounts In addition to the mutual funds, MDT Advisers also offers institutional separate accounts as well as managed accounts through retail platforms in sub-advised and direct-contract programs.

Federated MDT Funds

• All Cap Core Fund
• Balanced Fund
• Large Cap Growth Fund
• Large Cap Value Fund
• Mid Cap Growth Fund
• Small Cap Core Fund
• Small Cap Growth Fund
• Small Cap Value Fund
• Tax Aware/All Cap Core Fund

For more complete information, view the prospectuses available on this website or contact your investment professional by calling 1-800-341-7400 for prospectuses. You should consider the fund's investment objectives, risks, charges, and expenses carefully before you invest. Information about these and other important subjects is in the fund's prospectus, which you should read carefully before investing.

The Federated MDT Funds are the successor to the MDT Fund Family pursuant to a reorganization that took place on December 8, 2006. Prior to that date, the Federated MDT Funds had no investment operations.

MDT separately managed accounts described on this site are not necessarily available through every sponsor program. Please check with your Federated representative or your home office to ascertain accessibility.

Mutual funds are subject to risks and fluctuate in value.

Federated Securities Corp., Distributor