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<div id="tabs-wrapper" class="clearfix"> <h1 class="with-tabs">FundX Upgrader Funds</h1>
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<h1>
<img alt="" src="/sites/default/files/1Fund.gif" style="width: 90px; height: 96px;" /></h1>
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<td style="width: 212px;">
<h1>
One Fund and You're Done</h1>
<p>
In one mutual fund investment, you get a changing portfolio of 10-40 mutual funds and ETFs.</p>
</td>
<td style="width: 90px;">
<img alt="" src="/sites/default/files/ExperiencedManagement_0.gif" style="width: 90px; height: 86px;" /></td>
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<h1>
Knowledgeable Management</h1>
<p>
Investing in noload mutual funds since 1969. We monitor thousands of mutual funds and ETFs, and make timely portfolio changes.</p>
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<img alt="" src="/sites/default/files/Globe_03.jpg" style="width: 86px; height: 87px;" /></td>
<td style="width: 212px;">
<h1>
Respond to Market Changes</h1>
<p>
We invest wherever and whenever we perceive strength: Large-cap or Small Cap, Value or Growth, and International or Domestic.</p>
</td>
<td style="width: 90px;">
<p>
<img alt="" src="/sites/default/files/lightbulb.png" style="width: 90px; height: 90px; float: left;" /></p>
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<td style="width: 212px;">
<h1>
Keep it Simple</h1>
<p>
You choose the risk level: we have mutual funds designed to meet your goals.</p>
</td>
</tr></tbody></table><p>
Our Upgrading investment strategy has the flexibility to invest both domestically and globally in the sectors, regions and strategies we identify as being in synch with current market leadership.</p>
<p>
We buy the current best performing funds and ETFs based on near-term performance. Market leadership rotates between large-cap and small-cap stocks, growth and value styles of investing, and global geographic regions. Because many managers don’t change their particular styles when the market leadership changes, we align the portfolio seeking to capture leadership trends. We move incrementally to top ranked funds in our scoring system by progressively selling the lower ranked funds and reinvesting in the new leaders.</p>
<p>
</p>
<p>
The FundX Upgrader Funds are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any FundX Upgrader Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.</p>
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<h2 class="title">What's New</h2>
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<h5>
<a href="shareholder-letter-0">Winter 2012 Upgrader</a></h5>
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<a href="shareholder-letter-0"><img alt="" src="/sites/default/files/COVER.png" style="width: 200px; height: 260px;" /></a></p>
<h5>
<a href="2011-year-end-distributions">2011 Distribution Information</a></h5>
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<a href="generating-income">Generating Income</a><br />
Learn how to generate income using a flexible income strategy</p>
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<h3>
Current Investors:</h3>
<p>
Check your account Balance<br />
Get Tax Information</p>
<h3>
New Investors:</h3>
<p>
Open and fund an account online</p>
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<a href="https://www3.financialtrans.com/tf/FANWeb?tx=Disclaim&cz=705180520130323">Account Access</a></p>
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<p>Date:03/23/2012</p></span>
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</td>
<td>
<div align="center" class="blackbody">34.69</div>
</td>
<td>
<div align="center" class="blackbody">
<font color="#008800">0.08</font>
</div>
</td>
</tr><tr align="center" valign="middle"><td height="20">
<div align="center" class="blackbody"><a href="fundx-aggressive-upgrader-fund-hotfx" class="blackbodybold">HOTFX</a></div>
</td>
<td>
<div align="center" class="blackbody">40.09</div>
</td>
<td>
<div align="center" class="blackbody">
<font color="#008800">0.11</font>
</div>
</td>
</tr><tr align="center" valign="middle"><td height="20">
<div align="center" class="blackbody"><a href="fundx-conservative-upgrader-fund-relax" class="blackbodybold">RELAX</a></div>
</td>
<td>
<div align="center" class="blackbody">33.04</div>
</td>
<td>
<div align="center" class="blackbody">
<font color="#008800">0.06</font>
</div>
</td>
</tr><tr align="center" valign="middle"><td height="20">
<div align="center" class="blackbody"><a href="fundx-flexible-income-fund-incmx" class="blackbodybold">INCMX</a></div>
</td>
<td>
<div align="center" class="blackbody">30.03</div>
</td>
<td>
<div align="center" class="blackbody">
<font color="#008800">0.03</font>
</div>
</td>
</tr><tr align="center" valign="middle"><td height="20">
<div align="center" class="blackbody"><a href="fundx-etf-upgrader-fund-remix" class="blackbodybold">REMIX</a></div>
</td>
<td>
<div align="center" class="blackbody">21.50</div>
</td>
<td>
<div align="center" class="blackbody">
<font color="#008800">0.06</font>
</div>
</td>
</tr><tr align="center" valign="middle"><td height="20">
<div align="center" class="blackbody"><a href="fundx-etf-aggressive-upgrader-fund-unbox" class="blackbodybold">UNBOX</a></div>
</td>
<td>
<div align="center" class="blackbody">23.86</div>
</td>
<td>
<div align="center" class="blackbody">
<font color="#008800">0.08</font>
</div>
</td>
</tr><tr align="center" valign="middle"><td height="20">
<div align="center" class="blackbody"><a href="fundx-tactical-upgrader-fund-tactx" class="blackbodybold">TACTX</a></div>
</td>
<td>
<div align="center" class="blackbody">19.46</div>
</td>
<td>
<div align="center" class="blackbody">
<font color="#008800">0.00</font>
</div>
</td>
</tr><tr align="center" valign="middle"><td height="20">
<div align="center" class="blackbody"><a href="fundx-tactical-total-return-fund-totlx" class="blackbodybold">TOTLX</a></div>
</td>
<td>
<div align="center" class="blackbody">25.81</div>
</td>
<td>
<div align="center" class="blackbody">
<font color="#008800">0.01</font>
</div>
</td>
</tr></table><p></p> </div>
</div>
</div>
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<div id="fc1"><p><span class="ftitle">Disclosure</span><br>
<strong>Mutual fund investing involves risk. Principal loss is possible. The FundX Upgrader Funds are considered “funds of funds” and 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. Each of the Funds 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.</strong> <strong>The Funds employ an “upgrading” strategy whereby they continually seeks to invest in the top-performing securities at a given time. When investment decisions are based on near-term performance, however, the Funds may be exposed to the risk of buying Underlying Funds immediately following a sudden, brief surge in performance that may be followed by a subsequent drop in market value. </strong> </p>
<p><em>Past performance does not guarantee future results.</em><br />
While the Funds are no-load, management fees and other expenses will apply. Please refer to the prospectus for further details. Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. This and other information are contained in the fund’s prospectus. <br /><a href="forms-and-information" style="font-size:10px !important;">Click here</a> for the current prospectus. A hard-copy of the prospectus can also be obtained by calling 866-455-3863.</p>
<p>The FundX Upgrader Funds are distributed by Quasar Distributors, LLC. </p>
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