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Directory Results for SEMIANNUAL REPORT June 30, 2011 Congress Large Cap Growth Fund SemiAnnual Letter to Mutual Fund Shareholders For the period January 1, 2011 to June 30, 2011 Dear Shareholder: Perance Highlights: For the 6 month period from January 1, to SemiAnnual Report May 31, 2012 GoodHaven Fund Ticker: GOODX GoodHaven Capital Management, LLC GoodHaven Fund Table of Contents Shareholder Letter