Sep. 20, 2010 - Indianapolis

Archer Balanced Fund Celebrates Fifth Anniversary

MARKET UPDATES

We constantly analyze the market to determine where opportunities are and the dangers lie.

We publish our insights once a week in an Investing Insights email. It's a quick, less than 2 minute opinion of what to look for and what to look out for. REGISTER BELOW:

Nov. 19, 2010 - Indianapolis

Solid Cash Flow Value Investing: An Exclusive Interview With Steven C. Demas Of The Archer Funds

(download article here)

Feb. 11, 2011 - New York

Analysis: Health insurer stock run may just be starting

(download article here)

ROLLOVER

Over Your Employer -Sponsored Retirement Plan to an Archer Funds IRA. Click here!

HOW TO

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

Distributed by Rafferty Capital Markets, LLC | 59 Hilton Avenue | Garden City, NY 11530 | (516) 535-3800

Mr. Patton is the Managing Director and founder of Archer. Prior to founding Archer, Mr. Patton was the founder and president of Frontier Financial Holdings, Inc., an integrated financial services company offering investment services and managed portfolios, lending services, business consulting services, and traditional CPA services through Frontier CPA Group, LLP.

Mr. Patton also served as the Director of Financial Services of Fiducial Investment Advisors and Fiducial Lending Corporation until 2005. Prior to founding Frontier, Mr. Patton served as the chief financial officer and treasurer of Correlated Products, Inc. from 1995 to 1996, and as a senior auditor at Ernst & Young from 1992 to 1995.

Mr. Patton graduated from Miami University of Ohio in 1992 with a degree in accountancy.

Steven C. Demas Mr. Demas joined Archer in April 2009 as a Portfolio Manager. Prior to joining Archer, Mr. Demas was with Morgan Stanley, serving as a Vice President from 2000-2009 and a Sales Manager from 2007-2009 leading over 50 financial advisors.

From 1994-2000, Mr. Demas was financial advisor at Raffensberger & Hughes/National City Investments. Mr. Demas has substantial experience managing investment brokerage accounts, personally managing accounts representing over $100 million during his tenure with Morgan Stanley.

Mr. Demas graduated from Indiana University in 1989 with a business degree in marketing.

Mr. Rosebrough joined Archer in July 2010 as a Portfolio Manager. Prior to joining Archer, Mr. Rosebrough managed investment portfolios for high net worth individuals at Biechele Royce Advisors and was a member of the firm’s Investment Committee.

From 2005-2009 Mr. Rosebrough served as a Portfolio Manager and Investment Analyst for Wallington Asset Management where he was a member of the Investment Committee responsible for the selection of equity and fixed income investments, was the co-manager of firm's fixed income model and served as the firm's Chief Compliance Officer. Mr. Rosebrough was a Senior Fixed Income Specialist with Schwab Capital Markets Fixed Income & Specialized Products Group from 1999-2005 and was a financial advisor with National City Investments from 1995-1999.

Mr. Rosebrough graduated from Indiana University in 1995 with a degree in economics and obtained the Chartered Financial Analyst (CFA) designation in 2001.

Troy C. Patton, CPA/ABV

Fund Manager

Steven C. Demas

Portfolio Manager

John W. Rosebrough, CFA

Portfolio Manager

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Fund Management