FundX Upgrader Fund Awarded Best-In-Class Accolade By Lipper

SAN FRANCISCO, March 23, 2016 /PRNewswire/ -- FundX Investment Group announced today that its FundX Upgrader Fund (FUNDX) received the prestigious 2016 Lipper Fund Award for best-in-class for the Mixed-Asset Target Allocation Aggressive Growth Funds category.

2016 Lipper Fund Award for best in category among 39 funds for the three years ending 11/30/2015.  Lipper Fund Awards honor mutual funds that have excelled in delivering consistently stronger performance than their peers.

"We're pleased to be recognized for the performance of our flagship equity fund portfolio," said Janet Brown, president of the FundX Group. "It acknowledges the strength of our quantitative approach to identifying market leadership among the mutual funds we invest in."

The FundX Upgrader Fund (ticker: FUNDX) is an actively managed portfolio of mutual funds and ETFs that selects its holdings based on near-term performance. Its dynamic approach seeks to capitalize on persistence of performance among mutual funds by identifying funds that are excelling in the current market environment, monitoring their performance and selling funds when they no longer excel, to move on to new funds that rank highly in our system.

The annual Lipper Fund Awards recognize funds and fund management firms for consistently strong, risk-adjusted three-, five- and ten-year performance relative to their peers.

Lipper describes the Mixed-Asset Target Allocation Aggressive Growth category as funds of funds that, by portfolio practice, maintain at least 80% of assets in equity securities, with the remainder invested in bonds, cash, and cash equivalents.

ABOUT FUNDX INVESTMENT GROUP

Founded in 1969, FundX Investment Group manages over $800 million in assets in individual and institutional client accounts. Since 1976, FundX has published the highly regarded monthly newsletter, NoLoad FundX.  For more information, please visit www.fundx.com.  FundX Investment Group – Because Markets Change.

The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, and it may be obtained by calling 866-455-3863, or visiting www.upgraderfunds.com/.  Read it carefully before investing.

Past performance does not guarantee future results. A Lipper Fund Award is awarded to one fund in each Lipper classification for achieving the strongest trend of consistent risk-adjusted performance against its classification peers over a three, five or ten-year period. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Lipper Analytical Services, Inc. is an independent mutual fund research and rating service. © 2016, All Rights Reserved

Mutual fund investing involves risk. Principal loss is possible. Because the Fund is a "fund of funds", an investor will indirectly bear the principal risks of the underlying funds, including but not limited to, risks associated with smaller companies, foreign securities, emerging markets, non-diversification, high yield bonds, fixed income investments and short sales. The Fund will bear its share of the fees and expenses of the underlying funds. Shareholders will pay higher expenses than would be the case if making direct investments in the underlying funds. The Underlying Funds may engage in short sales, which could result in such a fund's investment performance suffering if it is required to close out a short position earlier than it had intended.

Because the fund invest in ETFs, it is subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF's shares may trade at a discount to its net asset value ("NAV"), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund's ability to sell its shares. Small capitalization companies tend to have limited liquidity and greater price volatility than large capitalization companies. Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods; these risks are greater for investments in emerging markets.

While the fund is no load, management fees and expenses still apply. Please refer to the prospectus for further details.

Quasar Distributors, LLC, distributor.

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SOURCE FundX

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