Rady Contrarian Long/Short Fund Named Lipper Leader

SAN DIEGO, March 22 /PRNewswire/ -- Rady Asset Management, an investment management firm specializing in mutual funds with sophisticated hedge-fund like strategies for advisors and high net worth investors, today announced that its Contrarian Long/Short Fund (RADIX) was ranked as a Lipper Leader for total return, preservation and tax efficiency. In addition, its Opportunistic Value Fund (ROVIX) ranked in the top 1% of its category by PSN for multiple periods ending June 30, 2009.

"Our contrarian and opportunistic approach to investing is rooted in the pursuit of capital preservation, risk management and excess returns," said Harry Rady, Chief Investment Officer and Portfolio Manager of Rady Asset Management. "We are very proud to be ranked as a Lipper Leader, which is a testament to our mission of consistently delivering superior risk adjusted performance."

The Rady Contrarian Long/Short Fund invests primarily in mid- to large-capitalization U.S. companies and seeks to achieve positive and consistent returns while limiting exposure to general stock market downside risk. It combines long positions in undervalued stocks and short positions in overvalued stocks to pursue excess returns in both long and short holdings. It received Lipper's highest ranking in total return, preservation and tax efficiency in order to be named as a Lipper Leader. In the year ended Dec. 31 2009, the fund returned 17.23%.

In addition, the Rady Opportunistic Value Fund ranked in the top 1% of its category by PSN for the one-, two-, three-, five- and 15-year periods ending June 30, 2009. The fund uses a long-only investment strategy and seeks to invest in companies with hidden intrinsic value according to strict valuation parameters. In the year ended June 30, 2009, the fund returned 4.37% compared with the Russell 1000 Value Index's -29.03% decline.

"We believe that short-term market volatility presents long-term investors with a unique opportunity to take advantage of price inefficiencies," Rady said. "Our driving focus is to provide mutual funds with sophisticated, hedge-fund like strategies. Through our contrarian and opportunistic strategy, we provide individual investors with access to alternative and tactical strategies that were previously difficult for investors to participate in."

To request more information or to speak with Harry Rady, please contact Katrine Winther-Olesen at 973-400-1341 or [email protected].

About Rady Asset Management

Rady Asset Management is an investment management firm specializing in providing mutual funds with sophisticated hedge-fund like strategies for advisors and high net worth investors. With a contrarian approach to investing, Rady seeks to achieve positive and consistent returns while limiting exposure to general stock market downside risk. The Rady Contrarian Long/Short Fund (RADIX) and Rady Opportunistic Value Fund (ROVIX) combine quantitative modeling with deep fundamental analysis in order to pursue capital preservation, risk management and excess returns. Rady also offers institutional and mutual fund sub-advisory services.

Mutual Funds involve risk including possible loss of principal. Investors should carefully consider the investment objectives, risks, charges and expenses of the Rady Contrarian Long-Short and Rady Opportunistic Value Funds. This and other important information about the Funds is contained in the prospectus, which can be obtained by calling 877 302 7239. The prospectus should be read carefully before investing. The Rady Contrarian Long-Short and Rady Opportunistic Value Funds are distributed by Northern Lights Distributors, LLC member FINRA/SIPC.

The data quoted above represent past performance and do not indicate future returns. The value of an investment in the Funds and the return on investment both will fluctuate and redemption proceeds may be higher or lower than an investor's original cost. Total return is calculated assuming reinvestment of all dividends. Total returns would have been lower had the Adviser, the Distributor, the Administrator, and Custodian not waived or reimbursed a portion of their fees. For more performance numbers current to the most recent month-end please call 877 302 7239.

SOURCE Rady Asset Management