Integrity Launches Free Cash Flow Fund

Name	Symbol	Market	Type
Invesco Multi Factor Defensive Core Fixed Income ETF	AMEX:IMFD	AMEX	Exchange Traded Fund

Name

Symbol

Market

Type

Invesco Multi Factor Defensive Core Fixed Income ETF

AMEX:IMFD

AMEX

Exchange Traded Fund

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	24.97				0	01:00:00

Price Change

% Change

Price

High Price

Low Price

Open Price

Traded

Last Trade

0.00

0.00%

24.97

01:00:00

Integrity Launches Free Cash Flow Fund

27/04/2005 3:46pm

PR Newswire (US)

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Integrity Launches Free Cash Flow Fund MINOT, N.D., April 27 /PRNewswire-FirstCall/ -- Integrity Mutual Funds, Inc. (OTC:IMFD) (BULLETIN BOARD: IMFD) , the Minot-based mutual fund and financial services company, has launched a new free cash flow fund: the Integrity Growth & Income Fund. The Growth & Income Fund is being launched in partnership with IPS Advisory, Inc. of Knoxville, Tennessee who will manage the Fund on a sub-advisory basis. Last November, Integrity signed an agreement with IPS to acquire management rights to the IPS Millennium and New Frontier Funds. The two funds, with combined assets of $56 million, were merged into the new Growth & Income Fund on April 25. The new fund will continue to utilize a disciplined strategy of selecting growing, well-run companies that are undervalued, based on discounted free cash flows. "This strategy allows shareholders to benefit wherever value occurs in the market, from small- to large-cap stocks, and from growth to value stocks," says IPS Advisory's Senior Portfolio Manager, Robert Loest, who will continue to manage the new Growth & Income Fund. "The launching of the Growth & Income Fund signifies Integrity's continuing effort to expand the scope of our distribution and to provide a broader, more diversified family of funds to our shareholders," said Integrity's Chairman and CEO Robert Walstad. "IPS is a respected adviser in the free cash flow investment discipline, and we are excited to be able to offer this new product to our shareholders," Walstad continued. Integrity Mutual Funds, Inc. has assets under management of $400 million and is publicly traded over the OTC Bulletin Board under the symbol IMFD.OB. With its subsidiaries, Integrity Money Management, Inc., Integrity Fund Services, Inc., and Integrity Funds Distributor, Inc., the firm sponsors, manages, and advises 18 mutual funds. IMFD also owns Capital Financial Services, Inc., a full-service brokerage firm that specializes in providing investment products and services to independent investment representatives, financial planners, and investment advisors in parts of the Midwest and California. The Integrity Funds are sold only to persons residing in the United States and are offered by prospectus only. For more complete information about any of the Integrity Mutual Funds, investors should consider the investment objectives, risks, charges and expenses of each fund carefully before investing. The prospectus includes this and other information about each fund. Investors may obtain the applicable prospectus from their financial adviser or from our website at http://www.integrityfunds.com/ . Please read the prospectus carefully before you invest or send money. DATASOURCE: Integrity Mutual Funds, Inc. CONTACT: Mark R. Anderson, +1-701-852-5292, or Jerry Szilagyi, +1-631-424-8111, both of Integrity Mutual Funds, Inc. Web site: http://www.integrityfunds.com/

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IMFD Invesco Multi Factor Defensive Core Fixed Income ETF