All performance figures represent period and average annual total returns for the periods ended as mentioned above and assume reinvestment of all dividend and capital gains distributions. The investment return and principal value of of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. The Investment Adviser waived a portion of its management fees and/or reimbursed expenses in order to reduce the operating expenses of The Total Return Utilities Fund, Dynamic Growth Fund, Aggressive Growth Fund, U.S. Government Bond Fund, and Money Market Fund during each period shown above. All expense waivers for the Funds are voluntary and may be terminated at any time, except for The Quantex Fund™.

* The Quantex Fund™ changed its name and investment strategy on April 20, 2005. Average annual total returns for The Quantex Fund™ prior to April 30, 2005 reflect a combination of the Fund's current quantitative investment strategy and the Fund's previous investment strategy. The Fund's management fee waiver is contractual and may be terminated annually by the Adviser on its renewal date.

** An investment in The Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Although The Money Market Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. Yield quotations more closely reflect the current earnings of The Money Market Fund than do total return quotations.

*** Current expense ratio based on net assets as of 6/29/10. This ratio may increase or decrease depending on fluctuations in fund net assets.  Gross Expense Ratios are percentages of the most current Fund's Prospectus.