Creston A. King III, CFA, has served as a Portfolio Manager of Davis Government Bond Fund and Davis Government Money Market Fund since August 1999. Mr. King also manages other government bond and money market funds advised by Davis Advisors. From August 1993 until he joined Davis Advisors in June 1999, Mr. King was a Trader, Analyst and Portfolio Manager for U.S. Global Investors, Inc., where he managed various money market funds and bond funds.