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IMFD Invesco Multi Factor Defensive Core Fixed Income ETF

24.97
0.00 (0.00%)
17 Jun 2024 - Closed
Delayed by 15 minutes
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

Integrity Selected as Investment Advisor for the Saratoga Energy and Basic Materials Fund

10/05/2006 5:12pm

PR Newswire (US)


Invesco Multi Factor Def... (AMEX:IMFD)
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MINOT, N.D., May 10 /PRNewswire-FirstCall/ -- Integrity Mutual Funds, Inc. (OTC:IMFD) (BULLETIN BOARD: IMFD) , a mutual fund and financial services company, announced today that it has been selected as the new investment adviser for the Saratoga Energy and Basic Materials Fund. The $13 million Fund will be managed by F. Martin Koenig and Steven Breyer from Integrity's New York office. Koenig and Breyer are also responsible for managing four other Integrity equity funds; the Integrity Value, Integrity Small Cap Growth, Integrity Technology and Integrity Health Sciences Funds, using a quantitative stock selection model developed and refined by Koenig over the last 25 years. The team will use the same quantitative approach used for the Integrity Funds to manage the Saratoga Fund. Koenig stated, "The expanding global economy has caused an increased appetite for energy and basic materials. There is substantial evidence to suggest that the world economies are currently transitioning from the deflationary cycle of the last 25 years or so to a new long-term inflationary cycle, characterized by gradual but ever rising prices for virtually everything, not just commodities. The Saratoga Energy and Basic Materials Fund is well positioned to take advantage of this secular trend." Bruce Ventimiglia, founder and CEO of Saratoga Capital Management, manager of the Saratoga Funds, explained that: "Integrity's use of sophisticated quantitative models employing certain elements of artificial intelligence and the combined experience of Koenig and Breyer's portfolio management and research skills gave Integrity the upper hand in the adviser selection process." About Integrity Mutual Funds Integrity is differentiating itself as a leading investment management company by delivering unique mutual funds that play strategic roles in adviser's portfolios. Its Funds strive to apply disciplined investment methodologies and deliver consistent risk-adjusted performance in all market cycles. Integrity Mutual Funds, Inc. 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 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. More information is available at http://www.integrityfunds.com/ or by calling (800) 276-1262. The Integrity Mutual Funds are offered by prospectus only. Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. For this and other important information, obtain a fund prospectus by visiting http://www.integrityfunds.com/ or by calling toll-free (800) 276-1262. Read the prospectus carefully before investing. Past performance is no guarantee of future results. The principal value and investment return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. You may obtain performance data current to the most recent month end by calling (800) 276-1262. Distributed by Integrity Funds Distributor, Inc. DATASOURCE: Integrity Mutual Funds, Inc. CONTACT: Jerry Szilagyi of Integrity Mutual Funds, Inc., +1-631-424-8111, Web site: http://www.integrityfunds.com/

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