ARCHX

Archer Investment Corporation

Balanced Investment Management

9000 Keystone Crossing, Suite 630

Indianapolis, IN 46240

317-581-1776

317-581-1812 fax

The Fund seeks to achieve its objective by investing in a diversified portfolio of equity and fixed income securities. Under normal circumstances, the Fund will invest 60% to 80% of its assets in equity securities. The Fund invests primarily in equity securities of large capitalization companies (i.e., companies with market capitalizations over $10 billion), but may also invest in small- and mid-capitalization companies if the advisor believes that such investments provide opportunities for greater returns. Stocks of smaller companies may have more erratic or abrupt price movements than stocks of larger companies and investments in smaller companies may involve greater risks than those of larger, more well known companies. The advisor uses a top-down approach to evaluate industries and sectors of the economy that are depressed or have fallen out of favor with investors and then seeks quality companies in those industries or sectors that have value in the advisor's opinion. Within each, the advisor seeks to find companies with solid financial strength and strong management that are selling below their intrinsic value. Equity securities in which the Fund may invest include primarily common stocks, as well as securities convertible into common stocks and preferred stock. The Fund may invest up to 20% of its assets in real estate investment trusts (REITs).

The Fund may invest up to 15% of its assets (measured at the time of purchase) in equity or fixed income securities of foreign companies operating in developed countries, through sponsored or unsponsored American Depository Receipts (ADRs) traded on U.S. stock exchanges. ADRs typically are issued by a U.S. bank or trust company and represent ownership of underlying securities issued by a foreign company. The Fund also may pursue its investment objective directly or indirectly by investing in exchange-traded funds (ETFs), so long as such investment otherwise conforms to the Fund's investments policies. In evaluating ETFs, the advisor considers the fund's investment strategy, the experience of its portfolio managers, its performance history, volatility, comparative return and risk data, asset size, and expense ratio.

For cash management purposes, the Fund may also invest in short-term, high quality money market instruments such as short-term obligations of the U.S. government, its agencies or instrumentalities, bank obligations, commercial paper or money market mutual funds. By keeping some cash or cash equivalents, the Fund may be able to avoid realizing gains and losses from selling stocks when there are shareholder redemptions. However, the Fund may have difficulty meeting its investment objective when holding a significant cash position.

The Fund will not seek to realize profits by anticipating short-term market movements. The advisor intends to purchase securities mainly for the long-term. As a result, the advisor believes the Fund will have low turnover, which should help minimize short-term capital gains and postpone long-term capital gains. However, when the advisor deems that change will benefit the Fund, portfolio turnover will not be a limiting factor. The Fund's turnover rate for its first year of operations is expected to be less than 100%.

The Fund may sell holdings that the advisor believes have reduced potential for capital appreciation and/or income, have under performed the market or their relevant economic sectors, have exceeded their fair market values, have experienced a change in fundamentals or are subject to other factors that may contribute to relative under performance.

Return and share price will fluctuate and redemption value may be more or less than original cost. Please read the prospectus for more complete information including management fee and expenses.

Welcome to the Archer Fund (Ticker: ARCHX)

Archer Balanced Fund's Share Price

About the Fund

The information that follows gives a brief overview of the Fund and its investment objectives and strategies. The Fund's prospectus contains more complete information about the Fund, including investment objectives, potential risks, management fees, and charges and expenses. Please read the prospectus carefully before investing or sending money.

You should carefully consider the investment objectives, potential risks, management fees, and charges and expenses of the Fund before investing. The Fund's prospectus contains this and other information about the Fund, and should be read carefully before investing. You may obtain a current copy of the Fund's prospectus by calling 800-238-7701 or by downloading one online at www.thearcherfunds.com.

The Fund's past performance does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 800-238-7701