Ticker Symbol: BULLX
Fund Inception: 12/21/01
Total Fund Assets: $146.62M
Minimum Investment: $1,000
Subsequent Investments: $500
Sales Load: None
Primary Benchmark: Russell 3000® Index
Secondary Benchmark: S&P 500 Index
Number of Holdings: 57
Portfolio Turnover (FY10): 150%















































Morningstar Proprietary Ratings reflect risk-adjusted performance as of 12/31/11. For each fund with at least a three year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar risk-adjusted return measure that accounts for variation in a fund’s monthly performance placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in distribution percentage. The Fund received 1 star for the three year period ended 12/31/11, 4 stars for the five year period, and 5 stars for the ten year period ended 12/31/11 among 659, 596, and 411funds, respectively, in the Mid-Cap Growth category. ©Morningstar, Inc. All Rights Reserved.

Morningstar Risk scores for a given time period (three, five, or 10 years) reflect the Fund’s Morningstar risk score plotted on a bell curve: Monthly calculations are based on whether the Fund scores in the top 10% of its category, its risk score is considered High; if it falls in the next 22.5% Above Average; a place in the middle 35% is Average; those lower still, in the next 22.5%, are

Below Average and the bottom Low. Overall Morningstar risk score is a weighted average of the available three, five, and 10 year Morningstar risk scores. Investments with less than three years of performance history are not rated.

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