Alpha Analytics Value Fund Outperforms All Other Large Cap Value Funds Since Its Inception.

Business Editors

LOS ANGELES--(BUSINESS WIRE)--Feb. 13, 2001

Alpha Analytics Value Fund, a large cap value fund, has outperformed all other funds in Morningstar's large-cap value category since the fund's inception on December 31, 1998, according to Robert E. Gipson, president of Alpha Analytics, a Los Angeles-based mutual fund company.

"Our objective with the Value Fund is to identify attractively-valued companies that are fundamentally improving, but where this improvement may not be externally obvious," says Brian Barish, fund portfolio manager and president of Cambiar Investors, Inc. "Value fundamentals such as earnings, revenues, cash flow and a strong balance sheet will be what divides successful companies from the rest. The marketplace went through a brief but unusual period where sheer momentum and concept stocks dominated more traditional valuation approaches; these were not successful strategies in 2000, and we expect they will be challenged in 2001 as well. Investors are looking for solid, secure companies to invest in. We believe they'll find them in the value sector."

Alpha Analytics Value Fund, with $5 million in assets, currently ranks number one out of 683 large cap value funds tracked by Morningstar since December 31, 1998. The fund returned 75.14 percent from December 31, 1998 through January 31, 2001. The annualized return over this period is 30.83 percent.

The return over the month and year ending January 31, 2001 is 2.87 percent and 24.50 percent. The return over the quarter ending December 31, 2000 was -2.90%.

Top 10 fund holdings as of January 31, 2001 were: Roche Holdings AG (RHHBY), Diageo (DEO), First Data Corp. (FDC), 3Com Corporation (COMS), Abbot Laboratories (ABT), Gannett Co. Inc. (GCI), Allstate Corporation (ALL), MBIA, Inc. (MBI), Unisys Corp. (UIS) and Synopsys, Inc. (SNPS). Portfolio holdings are subject to change and should not be considered a recommendation to buy individual securities.

Alpha Analytics Investment Group, LLC is headquartered in Los Angeles with regional offices in Silver Spring, Maryland and Pleasanton, California.

For more information on the Alpha Analytics family of mutual funds including charges and expenses, or to receive a prospectus, contact Alpha Analytics toll free at 877/ALPHA40 (877/257-4240) or visit Alpha Analytics' website: www.AlphaAnalytics.com. The Alpha Fund Family is distributed by AmeriMutual Fund Distributors, Inc., 14747 California St, Omaha, NE, 68154.

The minimum initial investment for the no-load Alpha Analytics Value Fund is $2,500 (IRA minimum: $2,000) with subsequent minimum investments of $250. For participants in Automatic Investment Plans, the initial investment is $1,000 with subsequent monthly investments of $100. The annual expense ratio is 1.30 percent (after a 0.2% fee waiver by the fund advisor).

The returns quoted above would have been lower had this fee waiver not been in place.

Investors should read the prospectus carefully before investing. The equity market's reaction to investment dimensions and factors and their impact on equity returns can and do change over time. Past performance cannot guarantee future results. The principal value and return of an investment will fluctuate, so shares when redeemed may be worth more or less than their original cost.