Money Market Funds - COUNTRY Financial

FINANCIAL HIGHLIGHTSFor a share outstanding throughout the indicated periods.Net AssetValueBeginningof PeriodNetInvestmentIncomeDistributionsfrom NetInvestmentIncomeNet AssetValueEnd ofPeriodTotalReturn 4U.S. Treasury Money Market FundClass A2008 1 $1.00 $0.020 $(0.020) $1.00 2.00%2007 1 1.00 0.043 (0.043) 1.00 4.312006 1 1.00 0.035 (0.035) 1.00 3.562005 2 1.00 0.015 (0.015) 1.00 1.49Class D2008 1 $1.00 $0.021 $(0.021) $1.00 2.15%2007 1 1.00 0.044 (0.044) 1.00 4.472006 1 1.00 0.037 (0.037) 1.00 3.712005 2 1.00 0.016 (0.016) 1.00 1.63Class Y2008 1 $1.00 $0.023 $(0.023) $1.00 2.30%2007 1 1.00 0.046 (0.046) 1.00 4.622006 1 1.00 0.038 (0.038) 1.00 3.872005 2 1.00 0.017 (0.017) 1.00 1.75Class Z2008 1 $1.00 $0.025 $(0.025) $1.00 2.56%2007 1 1.00 0.048 (0.048) 1.00 4.882006 1 1.00 0.041 (0.041) 1.00 4.152005 2 1.00 0.020 (0.020) 1.00 2.00Institutional Investor Class2008 1 $1.00 $0.024 $(0.024) $1.00 2.46%2007 1 1.00 0.047 (0.047) 1.00 4.782006 3 1.00 0.019 (0.019) 1.00 1.911 For the period September 1 to August 31 in the fiscal year indicated.2 For the period from October 25, 2004, when the class of shares was first offered, to August 31, 2005. All ratios for the period have been annualized, except total return.3 For the period from March 31, 2006, when the class of shares was first offered, to August 31, 2006. All ratios for the period have been annualized, except total return.4 Total return would have been lower had certain expenses not been waived.The accompanying notes are an integral part of the financial statements.36 FIRST AMERICAN FUNDS 2008 Annual Report