SMIFX – Sound Mind Investing Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. The SMI Fund seeks to achieve its objective by investing in a diversified portfolio of other investment companies using a "Stock Upgrading" strategy. This strategy is a systematic investment approach that is based on the belief of SMI Advisory Services, LLC ("Advisor"), the SMI Fund's adviser, that superior returns can be obtained by constantly monitoring the performance of a wide universe of other investment companies, and standing ready to move assets into funds deemed by the Advisor to be most attractive at the time of analysis.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SMIFX	Sound Mind Investing Fund	No Load	Open			Dec 2, 2005	$91.83M	1.610%	High	$500	−$16.40M

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