Munder Capital

Tax-Free Money Market (Closed to new investors)
Daily NAV's as of 01/08/09

	A
7-Day Yield %	0.01
7-Day Effective Yield %	0.01

Tax-Free Money Market (Closed to new investors) Fund Total Returns (%) as of 12/31/08 Risks

	- - - - - Cumulative - - - - -			- - - - - Annualized - - - - -
Class	1 month	3 month	YTD	1 year	3 year	5 year	10 year	SI	Inception Date

A With load	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	11/29/92
A Without load	0.00	0.10	1.29	1.29	2.29	1.84	1.83	2.13	11/29/92

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. Investment returns will fluctuate. Performance shown includes reinvestment of dividends and capital gains. For money market funds, current earnings are more closely reflected in yields than in total returns.

As identified in the current Fund prospectus, for the fiscal year ended June 30, 2008 the shares gross expense ratio was 0.89%, and the net expense ratio was 0.74%. The Fund publishes Semi-Annual and Annual Reports each February and August, which contain updated expense ratio information. The Advisor limited certain expenses of the Munder Tax-Free Money Market Fund during the 1992-1996 & 2003-2004 calendar years. Total returns would have been lower if the Advisor had not limited expenses during those periods.

Class A Shares have a maximum sales charge of 5.5% on Equity Funds, including International Funds, 4% on Income Funds, and 2.5% on the Index 500 Fund.

An investor should consider the Fund's investment objectives, risks, and charges and expenses carefully before sending money. This and other important information about the investment company can be found in the Fund's prospectus. To obtain a prospectus, please click here. Please read the prospectus carefully before investing.

RISKS
Fund shares are not guaranteed or insured by any bank, the Federal Deposit Insurance Corporation (FDIC), and may lose value. While the Fund managers seek to maintain a consistent $1.00 per share price, it is possible to lose money by investing in the Fund. A portion of the Fund�s income may be subject to state, local and/or federal alternative minimum taxes.

The portfolio holdings will change and the information provided should not be considered as a recommendation to purchase or sell a particular security. There is no assurance that the securities mentioned remain in the Fund�s portfolio or that securities sold have not been repurchased.

*Total net asset figures do not reflect adjustments, if any, made for financial reporting purposes. Percentages shown for Maturity Structure and Sector Weightings represent the breakdown of investments and are not based on net assets.

Munder does not disclose monthly buy and sell transactions for this fund, please refer to the annual and semi-annual reports for more information on transactions. Or, contact the Marketing Desk at 800.468.6337.

The percentages shown are rounded to the nearest tenth of one percent.

N/A - Fund class was not in operation for that time period.

Munder Funds distributed by Funds Distributor, LLC.

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Investment Team

Roger A. Soderstrom

Senior Portfolio Manager

BA in Marketing from Michigan State University

Joined Munder Capital Management in 1997

Years of Experience:23

Focus:Co-manages the Munder Tax-Free Money Market Fund and the Munder Tax-Free Short & Intermediate Bond Fund. Other responsibilities include overseeing the trading of tax-exempt fixed income securities and managing taxable client portfolios.

Adam C. Thayer, CFA

Assistant Portfolio Manager

BA in Finance from Michigan State University

Joined Munder Capital Management in 2000

Years of Experience:11

Focus:Assists in trading and managing fixed income securities for tax-exempt Comerica Trust Accounts as well as taxable client portfolios. Also a member of the portfolio management teams for the Munder Tax-Free Money Market Fund and the Munder Tax-Free Short & Intermediate Bond Fund.

Munder Funds distributed by Funds Distributor, LLC.

Tax-Free Money Market (Closed to new investors)
Portfolio Data as of 09/30/2008

Total Net Assets*	$187,055,856
Number of Holdings	77
Average Maturity	30 Days


Sector Diversification as of 09/30/2008

Sector	% of Holdings
Agency Obligations	2.7
Commercial Paper	6.2
Demand Notes	69.7
General Market Notes	17.4
Cash & Equivalents	4.0
Total	100.0

Link to All Holdings as of 11/30/2008 Historical All Holdings
Link to All Holdings as of 12/31/2008


Maturity Structure as of 09/30/2008

Life	% of Holdings
1 to 7 Days	77.6
8 to 14 Days	2.7
15 to 30 Days	1.6
31 to 60 Days	3.0
61 to 90 Days	2.8
91 to 120 Days	3.1
Over 120 Days	9.2
Total	100.0

Munder Funds distributed by Funds Distributor, LLC.