Guerite Advisors LLC Launches the Guerite Absolute Return Fund Which Utilizes A Unique Proprietary Investment Strategy.

GREENVILLE, S.C. -- Guerite Advisors, the innovator of the Guerite Indicator[TM], is pleased to announce the launch of its flagship no-load mutual fund, the Guerite Absolute Return Fund. The fund began offering shares on December 26, 2006.

The Guerite Absolute Return Fund seeks to provide investors with a combination of capital appreciation and capital preservation. The fund adheres to an absolute return strategy under which it strives to earn a positive investment return each year, regardless of stock market conditions, by investing in a combination of exchange traded funds and individual domestic value-oriented equity securities. The fund may invest across all market capitalizations and industry groups.

The Guerite Absolute Return Fund's managers decide the degree of exposure to the domestic equity market based upon the firm's proprietary Guerite Indicator. The Guerite Indicator is a quantitative investment model that utilizes a combination of six economic indicators and six market indicators that, taken together as a composite, is designed to identify longer range normal and high-risk market conditions.

Based upon the Guerite Indicator's forward-looking analysis of current conditions, the fund manager can then increase the fund's equity exposure during periods of normal risk and, even more importantly, decrease the fund's exposure during those cycles identified as high risk in order to preserve investors' capital.

"The Guerite Absolute Return Fund's strategy uses several components that are unique, or that would not be easily replicable by investors on their own. Moreover, this fund is designed to provide the kind of performance enhancements and protective hedging techniques that many hedge funds utilize, but without the higher fees hedge funds command," said Hugh Moore, Partner of Guerite Advisors and co-portfolio manager of the fund.

"The Guerite Indicator is a model that the adviser has great confidence in," he added. "Right now, the Guerite Indicator has indicated that we are in the throes of a high-risk economic environment that may lead to a recession. At the least, the current period is part of a multi-year sideways movement in the market that will continue for several more years and include rotations between bear and bull markets. That will make investing a very tricky proposition," Moore said. "In order to successfully navigate through this volatile environment, investors will want to embrace a mutual fund that seeks to enhance returns during upswings while protecting assets from the effects of market declines and economic downturns."

About Guerite Advisors

Guerite Advisors LLC is a registered investment adviser that strives to earn positive returns for its clients regardless of the investment climate using its proprietary Guerite Indicator which identifies high risk conditions that warrant techniques for capital preservation. The name "Guerite" was chosen to symbolize the firm's capital protection strategy. A guerite is a turret that projects from the wall of a castle. In days of old it served as a look-out station for a sentry whose job was to scan the landscape and provide advance warning of impending danger.

The Guerite Absolute Return Fund utilizes a two-part investment strategy that seeks to grow capital by investing in exchange traded funds and holding undervalued stocks until they reflect full value, in combination with its proprietary Guerite Indicator identification system that seeks to identify high-risk conditions and protect capital against undue risk.

An investor should consider the charges, risks, expenses and investment objective carefully before investing. For a prospectus containing this and other information, please contact the fund at 1-877-774-8374 (877-77-GUERITE) or download the prospectus at www.gueritefunds.com. Read it carefully before you invest or send money.

The Guerite Absolute Return Fund is subject to a number of risks and may not be suitable for all investors. The fund's use of derivatives such as options on market indices may expose the fund to additional risks that it would not be subject to if it invested directly in the securities underlying those derivatives. The more the fund invests in leveraged instruments, the more the leverage will magnify any gains or losses on those investments. In addition, the fund's use of hedging techniques may limit the opportunity for gain if hedged positions appreciate in value.

The fund's investments in small- and mid-cap companies add risk because these companies may lack management experience, financial resources, product diversification and competitive strengths found with larger companies. Also, the fund may experience sector risk if the fund is concentrated in a sector that underperforms the market. The fund is non-diversified which presents greater risk of loss of principal as the financial condition or market's assessment of such securities changes.

Ultimus Fund Distributors, LLC is the distributor of the Guerite Absolute Return Fund.