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MUTUALS.com Announces Addition of New Portfolio Manager.

DALLAS -- Mutuals Advisors Inc., the manager for the MUTUALS.com funds, is pleased to announce that effective immediately, Charles L. Norton, CFA, will assume the role of Co-Portfolio Manager for the company's two mutual funds, the Vice Fund (Nasdaq:VICEX), and the Generation Wave Growth Fund (Nasdaq:GWGFX). Mr. Norton joins Michael Henry on the Portfolio Management Team. Mr. Norton will also serve as Vice President of the funds' advisor, Mutuals Advisors, Inc.

Mr. Norton is a Principal and Portfolio Manager of GNI Capital, an SEC registered investment advisor that provides investment management expertise for separately-managed portfolios. He is also a regular contributor to RealMoney.com, a financial website published by TheStreet.com, and his columns have appeared on Yahoo! Finance and MSN Money. In addition, he authors an investment newsletter, Supernova Stocks, and has been a guest on Bloomberg Television.

"We're thrilled to add someone of Charles' caliber and pedigree to our team," said Michael Henry, President of Mutuals Advisors Inc. "He brings a wealth of experience and a solid track record to Mutuals Advisors, and he helps move us away from being a one-manager fund company and evolve into a team-managed environment."

Previously, Mr. Norton was an analyst at a New York-based hedge fund, and prior to that he worked in the investment banking division of Smith Barney. Mr. Norton has a Bachelor of Science in Management, with an emphasis in Finance, from Tulane University's A.B. Freeman School of Business, and is a CFA Charterholder. He is a member of the CFA Institute and the CFA Society of Dallas-Fort Worth.

The Mutuals.com Funds are offered only to United States residents, and information in this release is intended only for such persons. This should not be considered a solicitation to buy or an offer to sell shares of any Mutuals.com Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Mutual fund investing involves risk; principal loss is possible. Mutual funds with a narrow investment focus are subject to greater price fluctuations than funds with broader investment choices. The Vice Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.

The Funds can be purchased direct or through numerous brokerage firms including, T.D. Waterhouse, Ameritrade, Scottrade, Vanguard Brokerage, Harris Direct, and many others.

The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-800-MUTUALS or visiting www.MUTUALS.com. Read it carefully before investing.

The MUTUALS.com funds are distributed by Quasar Distributors, LLC. (10/05)
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Publication:Business Wire
Date:Oct 4, 2005
Words:454
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