Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
World Stock Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Medium
   Value
  
  
As of 2009-06-30
Day Change
$ 0.02
  
NAV (2009-11-20)
$ 5.04
  
YTD Return % (2009-11-20)
-7.52%
  
Total Assets ($ mil)
0.60
View Data Definitions
  Performance    
Growth of $10,000 Fund: Prasad Growth
(from 1999-01-01 to 2009-10-31) Category: World Stock
Index: MSCI EAFE NR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1998-11-23 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund -7.52 7.76 0.55 -1.36 -1.24 -1.62
+/- Category -33.43 -14.69 5.58 -4.77 -3.69 ---
+/- MSCI EAFE NR USD -37.13 -44.92 5.30 -5.62 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) -7.71 -0.73 3.42 -0.42 -1.25 -1.95
Month-End (as of 2009-10-31) -4.40 3.85 4.03 0.96 -1.24 -1.62
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 3.83 4.03 0.96 -2.82 ---
On Distribution & Sale of Shares --- 2.50 3.44 0.82 -1.83 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 530 funds), (5 yrs : out of 434 funds), (10 yrs : out of 247 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 23.08
Software 1.50
Hardware 18.26
Media 0.85
Telecommunications 2.48
Service 13.34
Healthcare 4.51
Consumer Services 2.99
Business Services 1.17
Financial Services 4.68
Manufacturing 63.58
Consumer Goods 13.73
Industrial Materials 29.45
Energy 19.01
Utilities 1.39
Asset Allocation
% of Net Assets
Cash 99.2
Stocks 0.8
Bonds 0.0
Other 0.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-06-30 Data through 2009-06-30
 
Holding Status
Total Number of Stock Holdings 7 Turnover % 1,881
Total Number of Bond Holdings 0 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 10.14 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector Country % of Net
Assets
Direxion Daily Financial Bear 3X Shares --- United States 4.80
Direxion Daily Small Cap Bear 3X Shares --- United States 4.25
SPDRs --- United States 0.34
Weyerhaeuser Company United States 0.16
Novellus Systems, Inc. United States 0.14
Avy Oct 09 Put 22.50 --- --- 0.12
Forest Oil Corporation United States 0.10
Oshkosh Corporation United States 0.10
Leucadia National Corporation United States 0.09
EXCO Resources, Inc. United States 0.04
Data through 2009-06-30
  Other Information
Fund Inception: 1998-11-23
Portfolio Manager  (Start Date)
Rajendra Prasad, M.D.  (1998-11-23)
Prasad is a physician in private practice. He personally was registered as an investment advisor under the Investment Advisors Act of 1940 from 1992 until 1998 and has managed accounts of individual investors since 1996. From 1993 to 1999 he published a monthly newsletter, "The Mutual Fund Leader," which sought to guide investor in selecting mutual funds.
Sales Charge %
(taken from prospectus dated 2009-07-28)
Front: None
Deferred: None
Expense Ratio % 1.50
based on net assets
(taken from annual report dated 2009-03-31)
Correspondence Information

1301 East Ocean Blvd,Unit 1401
Long Beach,  CA  90802
USA
Telephone:
877-772-7231
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.