Scout Mid Cap Fund Receives 5-Star Morningstar Rating

Scout Investment Advisors, Inc., a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), announced today that its Scout Mid Cap Fund (UMBMX) has received a 5-star Overall Morningstar Rating™ in its initial rating from Morningstar among 378 mid cap blend funds. The 5-star rating is the highest rating bestowed by Morningstar and was announced shortly after the Scout Mid Cap Fund passed its third year since inception.

"We are thrilled to be ranked by Morningstar among the top performers in the mid cap core asset class,” said Clyde Wendel, Chairman and CEO, Scout Investment Advisors. "Pat and his team have a done an excellent job in managing the Scout Mid Cap Fund from the beginning.”

Lead portfolio manager Patrick Dunkerley has more than 16 years of investment management experience and is the architect of the Scout Mid Cap's investment process. Pat has managed the fund since its inception in 2006. Additionally, the fund’s management team includes assistant portfolio manager Derek Smashey. Derek joined the Advisor in 2006.

The Scout Mid Cap Fund invests in a diversified portfolio of mid cap companies with both quality and growth characteristics. The Fund favors companies with strong fundamentals and attractive valuations. Performance since inception has benefited from good stock selection and sector allocation.

"Despite volatile market action, our fund has consistently outperformed its benchmark,” said Patrick Dunkerley, lead portfolio manager of the Scout Mid Cap Fund. "We are excited to receive this rating from Morningstar.”

"With an impressive three year track record now behind the team, we feel confident that the market tested investment process and philosophy of the Scout Mid Cap Fund will resonate with the investing public. We will continue to bring high quality investment management products to the marketplace,” said Gary DiCenzo, President and CEO of Scout Distributors, LLC.

Additionally, the Scout Mid Cap Fund was also selected as a Lipper Leader for both Total Return and Consistent Return as of October 31, 2009.

To learn more visit scoutfunds.com/midcap.

More on the Morningstar Rating:

The Overall Morningstar Rating™ for a fund is derived from the weighted-average of the performance figures associated with its three-, five-, and ten-year (if applicable) Morningstar Rating metrics.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variations in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10 percent of the funds in a broad asset class receive 5 stars. As of October 31, 2009, the Scout Mid Cap Fund received the following star rating among U.S. domiciled Mid Cap Blend funds for the following time period: 5 stars (among 378 funds) for the three-year time period.

Scout Investment Advisors, Inc. is a subsidiary of UMB Financial Corporation. The firm is located in Kansas City, Missouri and adheres to a management philosophy focused on long-term investments and a systematic "top-down / bottom-up” strategy. Through this approach, specific research methodology and portfolio managers’ unique expertise is combined to identify target investments based on the highest standards and criteria. Scout Investment Advisors, Inc. is a responsible, prudent investment organization built to generate long-term returns and help achieve individual and institutional investors’ objectives. Additional information about Scout Investment Advisors, Inc. and its full line of products can be found at www.scout-ia.com.

You should consider the Funds' investment objectives, risks, charges and expenses carefully before investing. For a prospectus, which contains this and other information about the Funds call 800.996.2862. Please read the prospectus carefully before investing

* Performance data reflects certain waivers by the Fund’s investment advisor. Without such waivers, performance would be lower.

** Scout Investment Advisors, Inc. has entered into an agreement to limit the fees and/or make expense payments through October 31, 2010 so that actual total annual operating expenses of the Scout Mid Cap Fund does not exceed 1.40%. Performance data reflects certain waivers by the Fund’s investment advisor. The Net Expense Ratio for the Fund reflects the reimbursement of fees previously waived by the Advisor in accordance with the terms of this agreement.

+ Unmanaged index of stocks, bonds, mutual funds or commodities. It is not possible to invest directly in an index. Returns for periods greater than one year are compounded average annual rates of return.

1 The Russell Midcap® Index consists of the smallest 800 securities in the Russell 1000, as ranked by total market capitalization. This index accurately captures the medium-sized universe of securities and represents approximately 34% of the Russell 1000 total market capitalization. The Russell MidCap Index is an unmanaged index of stocks, bonds or mutual funds. It is not possible to invest directly in an index. Performance returns for the Scout Mid Cap Fund and Russell MidCap Index assume that dividends were reinvested for the entire period. Returns for periods greater than one year are compounded average annual rates of return.

² The Lipper Mid-Cap Core Fund Index invests primarily in companies with a market capitalization of less than $5 billion at the time of purchase.

The Lipper ratings are subject to change every month and are based on an equal-weighted average of percentile ranks for the Total Return and Consistent Return metrics over three-, five-, and ten-year periods (if applicable). The highest 20% of funds in each peer group are named Lipper Leaders, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2, and the lowest 20% are scored 1.

Lipper ratings for Total Return reflect funds’ historical total return performance relative to peers. The Scout Mid Cap Fund, in Lipper’s Mid-Cap Core classification, received a Lipper Leader rating (among 297 funds) for the 3-year period as of October 31, 2009.

Lipper ratings for Consistent Return identify funds that have provided relatively superior consistency and risk-adjusted returns when compared to a group of similar funds. Funds which achieve high ratings for Consistent Return may be the best fit for investors who value a fund’s year-to-year consistency relative to other funds in a particular peer group. . The Scout Mid Cap Fund, in Lipper’s Mid-Cap Core classification, received a Lipper Leader rating (among 287 funds) for the 3-year periods as of October 31, 2009. Investors are cautioned that some peer groups are inherently more volatile than others, and even Lipper Leaders for Consistent Return in the most volatile groups may not be well suited to shorter-term goals or less risk-tolerant investors.

Lipper ratings are not intended to predict future results and Lipper does not guarantee the accuracy of this information. More information is available at www.lipperleaders.com. Lipper Leader Copyright 2009, Reuters, All Rights Reserved.

© 2009 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The performance data quoted represents past performance and past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information quoted. To obtain performance information current to the most recent month-end, please call 800.996.2862.

The Scout Funds are distributed by UMB Distribution Services, LLC, Milwaukee, WI, an affiliate of UMB Financial Corporation. Scout Investment Advisors, Inc., a subsidiary of UMB Financial Corp., serves as investment adviser to the Scout Funds.

A redemption fee of 2% will be imposed on redemptions or exchanges made within two months of purchase of shares in the Scout Mid Cap Fund. Certain types of accounts are exempt from this fee. Please see the prospectus for more information.

"Scout” and the "Scout” design are registered service marks of UMB Financial Corporation.

• NOT FDIC INSURED • MAY LOSE VALUE • NO BANK GUARANTEE