Performance

Ordinary Class Shares

Pear Tree Fund NameYTD as of 2/21/20121 Month as of 1/31/2012Quarterly as of 12/31/20111 Year as of 12/31/20115 Years as of 12/31/201110 Years as of 12/31/2011Since InceptionInception Date Total Expense Ratio
(per prospectus dated August 1, 2011)
Pear Tree Columbia Micro Cap Fund10.30%6.81%12.59%---22.51%9/12/20111.80%
Pear Tree Columbia Small Cap Fund10.04%5.58%13.14%-4.53%-3.87%3.02%9.47%8/3/1992 1.64%
Pear Tree PanAgora Dynamic Emerging Markets Fund17.16%11.86%2.41%-18.00%-0.15%14.12%5.77%9/30/19941.77%
Pear Tree Polaris Foreign Value Fund16.07%7.99%0.66%-15.52%-5.63%7.98%4.82%5/15/1998 1.62%
Pear Tree Polaris Foreign Value Small Cap Fund13.15%7.02%-2.22%-20.02%---1.66%5/1/20081.69%
Pear Tree Quality Fund5.34%1.53%10.52%12.78%-3.54%0.45%8.55%5/6/1985 1.78%

Institutional Class Shares

Pear Tree Fund NameYTD as of 2/21/20121 Month as of 1/31/2012Quarterly as of 12/31/20111 Year as of 12/31/20115 Years as of 12/31/201110 Years as of 12/31/2011Since InceptionInception Date Total Expense Ratio
(per prospectus dated August 1, 2011)
Pear Tree Columbia Micro Cap Fund10.45%6.84%12.68%---10.82%9/12/2011 1.55%
Pear Tree Columbia Small Cap Fund10.03%5.58%13.28%-4.27%-3.61%3.42%8.73%8/3/1992 1.39%
Pear Tree PanAgora Dynamic Emerging Markets Fund17.19%11.87%2.48%-17.83%0.11%14.51%7.67%9/30/1994 1.51%
Pear Tree Polaris Foreign Value Fund16.18%8.09%0.70%-15.35%-5.44%8.23%6.65%5/15/19981.37%
Pear Tree Polaris Foreign Value Small Cap Fund13.28%7.02%-2.25%-19.86%---1.46%5/1/2008 1.44%
Pear Tree Quality Fund5.49%1.61%10.70%13.25%-3.45%0.75%6.86%5/6/19851.50%