Alpha Analytics Value Fund Ranked in Top 2 Percent of Large Cap Value Funds for First Quarter 2001; Number One Since Inception.

Business Editors

LOS ANGELES--(BUSINESS WIRE)--April 23, 2001

Alpha Analytics Value Fund (AVFAX) was ranked 13 out of 772 Large Value mutual funds tracked by Morningstar for the quarter ending March 31, 2001, placing it in the top 2% of Large Cap Value mutual funds tracked by Morningstar, according to John Gipson, Vice-President of Los Angeles based Alpha Analytics. First quarter returns were 2.56%, compared to -5.63% for the average Large Cap Value fund.

"The first quarter of 2001 was challenging for all types of investment disciplines," says Brian Barish, fund portfolio manager and president of Cambiar Investors, Inc. "However, by focusing on quality franchises with restrained financial expectations, we were able to weather the storm."

The return for the 12 month period ending March 31, 2001, was 3.16%, placing it in the top 40% of Large Cap Value funds as ranked by Morningstar. Since inception on December 31, 1998, the Alpha Analytics Value Fund has returned 59.14%. This makes it the top performing Large Cap Value fund tracked by Morningstar over this period.

Alpha Analytics Value Fund's top 10 equity holdings are: Safeco Corporation (SAFC), Abbott Labs (ABT), Diageo Sponsored ADR (DEO), ING ADR (ING), Unisys Corporation (UIS), MBIA, Inc. (MBI), BMC Software, Inc. (BMC), Roche Holding AG (RHHBY), Allstate Corporation (ALL), Synopsys, Incorporated (SNPS). Portfolio holdings are subject to change and should not be considered a recommendation to buy individual securities.

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.

Alpha Analytics Investment Group, LLC is headquartered in Los Angeles, California with regional offices in Silver Spring, Maryland and in Silicon Valley. 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 1-877-ALPHA40 (1-877-257-4240) or visit Alpha Analytics' website: www.AlphaAnalytics.com.

The Alpha Analytics Value Fund is available through Accutrade, Ameritrade, American Express Financial Advisors, Datalynx Advisors, Goldman Sachs, and Schwab's Mutual Fund OneSource(R) Service. Schwab can be reached online at www.schwab.com or by calling 1-800-4-NO-LOAD.

The Alpha Fund Family is distributed by AmeriMutual Fund Distributors, Inc., 14747 California St, Omaha, NE, 68154.

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.