International Strategy & Investment

ISI Funds to Join Centre Funds

We are pleased to announce that an agreement has been reached between International Strategy & Investment, Inc. (ISI Inc.) and Centre Asset Management to reorganize the ISI Funds into the Centre Funds. As part of the proposed transaction, each ISI Fund will be reorganized into a corresponding Centre Fund with similar investment objectives and investment strategies.

Centre Asset Management is a NY based investment advisory firm offering a select series of differentiated funds, and their portfolios and style of investing match up well with the ISI Funds' portfolios. The reorganization of each ISI Fund is subject to a number of conditions, including the approval of the ISI Fund's shareholders.

If approved by Fund shareholders, the reorganizations are expected to occur on or about March 17, 2015. Until that time, it will be business as usual at the ISI Funds. We will continue to manage the portfolios with the same level of commitment since we launched the Total Return US Treasury Fund back in 1988 at C.J. Lawrence. In the meantime, please give us a call if you have any questions on this transition. Our number here at ISI is 800-955-7175.

For further information, please see the following link for a Press Release detailing the reorganization: Press Release

For further information regarding Centre Asset Management and Centre Funds, please see the following link to the Centre Funds website: Centre Funds

ISI Inc., an investment advisory firm and home to the ISI Funds, is headed by Al Medaugh and Jim Moltz, who manage U.S. fixed-income, global bond and equity-oriented funds.  Our investment management draws on ISI’s research to anticipate interest rate changes and actively manage our clients’ portfolios to benefit from these changes. ISI’s mutual fund family includes the Total Return U.S. Treasury Fund, the Managed Municipal Fund, the North American Government Bond Fund and the ISI Strategy Fund.

As with any mutual fund investment, there is a risk that you could lose money by investing in the Fund. The Fund's share price will vary from day-to-day based upon changes in the price of the securities held by the Fund. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. An investor should consider the investment objectives, risk and charges and expenses of the Fund carefully before investing. The Fund's prospectus contains this and other information about the Fund.

A prospectus and summary prospectus for any of the ISI Funds can be obtained from your investment professional. You should read the prospectus and summary prospectus carefully before investing as it contains complete information on the Fund's investment objective(s), the risks associated with an investment in the Fund, the fees, charges and expenses involved. These elements, as well as other information contained in the prospectus and summary prospectus, should be considered carefully before investing.