[CDC Nvest Funds Letterhead]

October 11, 2001

                           OUR RECORDS AS OF OCTOBER 8, 2001 INDICATE THAT WE
                           HAVE NOT RECEIVED YOUR PROXY VOTE. WE WANT YOU TO
                           KNOW THAT YOUR VOTE MATTERS!

Dear Shareholder:

We recently sent you a package containing a Prospectus/Proxy Statement that
provided detailed information regarding important proposals affecting the three
Kobrick Funds: KOBRICK GROWTH, KOBRICK CAPITAL and KOBRICK EMERGING GROWTH
Funds. Our records indicate that you have not yet responded. Your vote is
important. Please take some time to review the Prospectus/Proxy Statement and
vote your shares today. If your vote and this letter have crossed in the mail,
we thank you for your response.

PLEASE RESPOND BY NOVEMBER 5, 2001!
Your vote is needed prior to the Fund's shareholder meetings which are scheduled
for November 9, 2001 at 2:00 p.m. Eastern time at the offices of CDC IXIS Asset
Management Distributors, L.P., located at 399 Boylston Street, 10th Floor,
Boston, Massachusetts 02116. There are three convenient methods for voting your
shares:

o        Visit WWW.CDCNVESTFUNDS.COM to vote electronically by Internet where
         you will also find copies of the proxy letter, a set of Q&As, and the
         Prospectus/Proxy Statement.
o        Call toll-free 888-221-0697 to vote on our automated telephone line.
o        Return the enclosed proxy card in the postage-paid envelope provided.

If you plan to vote electronically by Internet or by telephone, please see your
proxy card for more information and helpful instructions. You may also receive a
telephone call from D.F. King & Co., a proxy solicitation firm, to remind you to
vote your shares.

Thank you for your cooperation in voting on these important proposals. If you
have any questions, please call 800-225-5478. One of our representatives will be
happy to provide you with the information you need.

Sincerely,

/s/ John T. Hailer

John T. Hailer
President

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