UMBF UMB Financial Corporation

Scout Investment Advisors, Inc., a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), announced today the Scout International Fund (UMBWX) has been honored with a 2010 Lipper Fund Award for its three-year performance. The Scout International Fund ranked best out of 128 international large-cap growth funds for consistent return over the three-year period ending December 31, 2009, based on risk adjusted returns.

“We are honored that Lipper chose to recognize the consistent performance of the Scout International Fund and its management team,” said William Greiner, president and chief investment officer of Scout Investment Advisors. “Even during this volatile market, the Fund has outperformed its benchmark and stayed true to its long-term investment philosophy, all while providing high-quality investment solutions.”

The Scout International Fund first applies a top-down approach, looking at the economic, political and market conditions in various foreign countries. Potential investments are selected based upon which economic sectors are believed to have the best prospects in view of prevailing global, domestic and local economic conditions. The Fund then primarily invests in seasoned companies that are known for their quality and acceptance of their products and services, as well as their ability to generate profits or dividends.

James Moffett is the chief international equity strategist for Scout Investment Advisors and serves as lead portfolio manager for the Scout International Fund and the Scout International Discovery Fund. Moffett developed the international strategy and has managed both funds since inception, launching the Scout International Fund on September 14, 1993 and the Scout International Discovery Fund on December 31, 2007. The fund’s co-portfolio manager Gary Anderson has been a member of the international team since 2000 and further reinforces the consistent and stable portfolio management structure of the fund.

“While others have struggled through the recent economic downturn, our proven top down approach and focus on quality companies continues to help us manage through volatile markets,” said James Moffett, lead portfolio manager of the Scout International Fund. “We are thrilled to receive this recognition from Lipper.”

Performance as of February 28, 2010

         

 

1 year

3 years 5 years 10 years

Inception(09/14/93)

Scout International Fund 57.08 % -1.73 % 6.05 % 4.18 % 8.99 % MSCI EAFE-net U.S. Dollars Index 54.58 % -8.11 % 1.98 % 1.04 % 4.52 %

Scout International Fund Average Annual Returns as of December 31, 2009:1-Year: 35.54%, 5-Years: 7.52%, 10-Years: 4.50%Gross Expense Ratio 1.02% (as of 06/30/09)

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.

Foreign investments present additional risks due to currency fluctuations, economic and political factors, lower liquidity, government regulations, differences in securities regulations and accounting standards, possible changes in taxation, limited public information and other factors. The risks are magnified in countries with emerging markets, since these countries may have relatively unstable governments and less established markets and economies.

The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world’s top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine Broker Rankings. For more information, please contact markets.awards@thomsonreuters.com or visit excellence.thomsonreuters.com.

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 or download one now (.pdf). Please read the prospectus carefully before investing.

LIPPER INTERNATIONAL FUND INDEX -- Funds invest fund assets in securities with primary trading market outside the United States. It is not possible to invest directly in an Index.

MORGAN STANLEY CAPITAL INTERNATIONAL EUROPE, AUSTRALASIA, FAR EAST (EAFE) -- An unmanaged index that is an arithmetic, market value-weighted average of over 900 securities listed on the stock exchanges of countries in Europe, Australasia and the Far East. It is not possible to invest directly in an Index.

The Lipper Fund awards were calculated for periods over 36, 60, and 120 months. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determined the fund classification winner over three, five and ten years. 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. Past performance is no guarantee of future results.

A redemption fee of 2% will be imposed on redemptions or exchanges made within two months of purchase of shares in the Scout International 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

The Scout Funds are distributed by UMB Distribution Services, LLC, 803 W. Michigan, Milwaukee, Wis. 53233, an affiliate of UMB Financial Corporation. Scout Investment Advisors, Inc., a subsidiary of UMB Financial Corp., serves as investment adviser to the Scout Funds.