Integrity's Growth and Income Fund Receives a Five Star Rating from Morningstar
05 December 2008 - 3:08AM
PR Newswire (US)
Unique Ethical Fund is a leader in its class in a difficult market
MINOT, N.D., Dec. 4 /PRNewswire-FirstCall/ -- Integrity Mutual
Funds, Inc. (OTC:IMFD) (BULLETIN BOARD: IMFD) , a mutual fund and
financial services company, announced today that its Integrity
Growth & Income Fund (NASDAQ:IGIAX) received a 5-Star
Morningstar Rating(TM) for the three-year period and the five year
period ending November 30, 2008. There are 415 funds in the Mid-Cap
blend category for the 3 year period and 335 for the five year
period. "The fact that this Fund's performance has been recognized
with these star ratings when other mutual funds are really
struggling is a great sign that our investment strategy and process
is working," said Robert Loest, senior portfolio manager of
Integrity Growth & Income Fund. "The Integrity Growth and
Income Fund not only provides competitive returns but it's also an
ethically focused fund that considers the environment, animal
rights and host of other ethical issues. Investors should be
reassured to know that this fund has had the same manager for its
entire 14 year history." The Integrity Growth & Income Fund is
designed to provide disciplined risk management, ethical investment
standards, and competitive total returns. About the Morningstar
Rating(TM): For each fund with at least a three-year history,
Morningstar calculates a Morningstar Rating(TM) based on a
Morningstar Risk-Adjusted Return measure that accounts for
variation in a fund's monthly performance (including the effects of
sales charges, loads, and redemption fees), placing more emphasis
on downward variations and rewarding consistent performance. The
top 10% of funds in each category receive 5 stars, the next 22.5%
receive 4 stars, the next 35% receive 3 stars, the next 22.5%
receive 2 stars and the bottom 10% receive 1 star. The Overall
Morningstar Rating for a fund is derived from a weighted average of
the performance figures associated with its three-, five- and
ten-year (if applicable) Morningstar Rating metrics. The Integrity
Growth & Income Fund was rated against the following numbers of
U.S.-domiciled Mid- Cap Blend funds over the following time
periods: 415 funds in the last three years, and 335 funds in the
last five years. With respect to these Mid-Cap Blend funds, the
Integrity Growth and Income Fund received a Morningstar Rating of 5
stars for the three- and five-year periods, respectively. Past
performance is no guarantee of future results. (c) 2008
Morningstar, Inc. All Rights Reserved. The information contained
herein: (1) is proprietary to Morningstar and/or its content
providers; (2) may not be copied or distributed; and (3) is not
warranted to be accurate, complete or timely. Neither Morningstar
nor its content providers are responsible for any damages or losses
arising from any use of this information. Past performance is no
guarantee of future results. About Integrity Mutual Funds Integrity
Mutual Funds, Inc. is publicly traded over the OTC Bulletin Board
under the symbol IMFD.OB. With its subsidiaries, Integrity Money
Management, Inc., Integrity Fund Services, Inc., and Integrity
Funds Distributor, Inc., the firm sponsors, manages, and advises
mutual funds. IMFD also owns Capital Financial Services, Inc., a
full-service brokerage firm that specializes in providing
investment products and services to independent investment
representatives, financial planners, and investment advisors
throughout the United States. More information is available at
http://corp.integrityfunds.com/ or by calling (800) 276-1262.
Please consider carefully the Fund's investment objectives, risks,
charges and expenses. For this and other important information,
obtain a fund prospectus by visiting http://www.integrityfunds.com/
or by calling 1-800-276-1262. Read it carefully before investing.
Distributed by Integrity Funds Distributor, Inc. Past performance
is no guarantee of future results. The investment return and
principal value of an investment will fluctuate so that an
investor's shares, when redeemed, may be worth more or less than
their original cost. DATASOURCE: Integrity Mutual Funds, Inc.
CONTACT: Kelly Cinelli of CWR for Integrity Mutual Funds, Inc.,
+1-508-222-4802, Web site: http://www.integrityfunds.com/
http://corp.integrityfunds.com/
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