Strategy: Long-term capital appreciation by investing in equity securities of companies involved in alternative energy or energy technology sectors.

Surging global energy demand. Limited production capacity. Rising costs. The environment. With powerful drivers like these, we believe that an alternative energy revolution is underway.

The Alternative Energy Fund gives you an opportunity to participate in a global shift to alternative energy. Under normal market conditions, the Fund will invest in 40 to 60 stocks of global companies that derive more than 50% of their revenue from alternative energy or alternative energy technology.

• Alternative energy includes but is not limited to power generated through: solar, wind, hydroelectric, tidal wave, geothermal, biomass or biofuels.
   
• Alternative energy technology includes technologies that enable alternative energy sources to be tapped. This may include various manners of energy storage and transportation (e.g., fuel cells; batteries; flywheels), and technologies that conserve or enable more efficient use of energy.

The Fund invests in foreign securities which will involve political, economic and currency risks, greater volatility, and differences in accounting methods. The Fund is non-diversified meaning its assets may be concentrated in fewer individual holdings than diversified funds. Therefore, the Fund is more exposed to individual stock volatility than diversified funds. The Fund also invests in smaller companies, which will involve additional risks such as limited liquidity and greater volatility.