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Reprint from Las Vegas Review Journal - July 01, 2007 and Associated Disclosures



Please find a link to a July 1, 2007 reviewjournal.com article titled: “INVESTMENTS: Yes gambling does pay”. Important disclosures follow.

Please click here for complete performance as of the most recent quarter and month-end. Performance data quoted represents past performance and does not guarantee future results. The 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 of the fund may be lower or higher than the performance quoted. The Fund imposes a 1.00 % redemption fee on shares held for less than 60 days. Performance quoted does not reflect redemption fee. Had the fee been reflected, returns would be lower.

Investment performance reflects fee waivers and/or reimbursement of expenses. In the absence of such waivers/reimbursements, total return would be reduced.

Mutual fund investing involves risk; principal loss is possible. The Fund is nondiversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The Fund also invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility.

Please click here for fund holdings. Fund holdings and sector allocations are subject to change and are not recommendations to buy or sell any security.

The information provided in the attached reprint contains the opinions of the author and Charles Norton, and is not intended to be a forecast of future events, a guarantee of future results, nor investment advice. This material should not be considered an offer of the other funds mentioned.

By clicking the link below, you will be leaving the Fund’s website and entering a third-party website. The fund is not responsible, nor can guarantee the accuracy of, any information contained in third-party websites.

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Las Vegas Review Journal Article

(Click on the link to open.)

PRIVACY POLICY DISCLOSURES CONTACT US
Mutual fund investing involves risk; principal loss is possible.The Fund is nondiversifed, meaning it may concentrate its assets in fewer individual holdings than a diversifed fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The Fund invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility.