There is a growing trend in the investment management community. Hedge fund managers are crossing over into the traditional money management space of mutual funds. That is exactly what Greg Levinson of Schooner Investment Group did in early 2008. Levinson, a 15 year hedge fund veteran, launched the Schooner Growth and Income Fund (SCNAX) with the intention of bringing more sophisticated investment strategies into a mutual fund framework. The mutual fund structure has a lot of appeal to investors; offering daily liquidity, full transparency, management fee only pricing, little to no leverage. Hedge funds offer sophisticated strategies, good risk management techniques, and a high talent pool to draw from. "It seemed a natural progression to merge some of the positive aspects of these two worlds, and we are pleased that Schooner Investment Group is on the front end of this emerging trend," commented Levinson.

For more information about Schooner Investment Group, LLC. and the Schooner Growth and Income Fund contact Greg Levinson at 610.977.2090 or email Greg at gl@schoonerfunds.com.

The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-866-724-5997, or visiting www.schoonermutualfunds.com. Read it carefully before investing.

Mutual fund investing involves risk; principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. The fund may also use options and futures contracts, which have the risks of unlimited losses of the underlying holdings due to unanticipated market movements and failure to correctly predict the direction of securities prices, interest rates and currency exchange rates. The investment in options is not suitable for all investors. The fund may hold restricted securities purchased through private placements. Such securities can be difficult to sell without experiencing delays or additional costs.

Schooner Growth and Income Fund is distributed by Quasar Distributors, LLC.

SOURCE Schooner Investment Group, LLC