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

How do I open an account with the fund?

Investing in a mutual fund involves risks. The first step is to obtain and read the fund prospectus carefully. The prospectus contains information on the investment objectives and potential risks of investing in the Fund, as well as other useful information. You can obtain a prospectus online by clicking here, or if you would like a printed copy mailed to you, click here and complete the online form.

Once you have read and thoroughly understand the prospectus, you will need to complete an application and select the fund or funds you wish to invest in. The completed application (please remember to sign the application) can be mailed or over-nighted to the fund with your check payable to The Archer Funds to:

By Mail:

Archer Balanced Fund

Mutual Shareholder Services

8000 Town Centre Drive, Suite 400

Broadview Heights, OH 44147

By Overnight:

Archer Balanced Fund

Mutual Shareholder Services

8000 Town Centre Drive, Suite 400

Broadview Heights, OH 44147

If you would like to make your initial investment by Federal Wire, you can FAX the completed application to 1-317-266-8756. You will still need to mail in the original signed application to the address above. Once the application has been faxed in you can call 1-800-238-7701, and press 0 to speak to a shareholder services representative. He/she will provide you the wiring instructions that you will provide to your bank to transfer the investment.

NOTE - IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address ,date of birth, and other information that will allow us to identify you. We may also ask for other identifying documents or information.

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Can I purchase the fund through my broker?

At this time you can only open an account directly with the fund. You can purchase the fund direct or you may use a broker who carries the fund. Some examples are Ameritrade, E*Trade and Scottrade, to name a few but not all.

NOTE - IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

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Are there any sales charges or loads on the fund?

Each fund offers only No-Load shares to the public. No-load shares are sold at net asset value without an initial sales charge. That means that 100% of your initial investment is placed into shares of the Fund.

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What is the minimum investment?

For regular investment accounts and Individual Retirement Accounts (IRA) the minimum initial investment is $2000 ($250 for systematic investment plan participants) and the minimum subsequent investment is $100.

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I have a third party check I would like to deposit into my account, how do I do that?

Sorry, no third party checks. All purchases must be made in U.S. dollars and checks must be draw on U.S. financial institutions from an account baring the same name as the investor in the fund. No cash, credit cards, or third party checks will be accepted.

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Can I setup automatic deposits into my account?

Yes, you may purchase shares of the Funds through an Automatic Investment Plan. The plan provides a convenient way for you to have money deducted directly from your checking, savings, or other account for investment in shares of the Funds. You can take advantage of this by completing the Automatic Investment Plan section of the account application. You may only select this option if you have an account maintained at a domestic financial institution which is an Automated Clearing House (ACH) member for withdrawals under the plan.

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How can I get balance and other information about my account?

You can call 1-800-238-7701 24 hours a day and take advantage of the Funds automated voice response system. You can access current fund prices, account balances, recent transactions as well as dividend and tax information.

You can also access this information through this web site by clicking here. If you are a new user, you will need to complete a New Pin Request Form. Once completed your password will be sent to you via US Mail. Using the Tax ID (Social Security Number) on the account and the PIN you received you can now access your account balances, transaction history, statements, and tax documents.

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Can I purchase or redeem shares online?

Yes, if you have authorized online transactions on your application and you have established an ACH Bank relationship within your account, then you can purchase or redeem from/to your bank account.

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I have a question not listed here...

Most questions are answered in the Fund's prospectus. If you can not find your answers there please call 1-800-238-7701 during regular business hours. Press 0 to speak to a Shareholder Services representative and he/she can help you with questions.

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Frequently Asked

Questions

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

How do I open an account with the fund?

Can I purchase the fund through my broker?

Are there any sales charges or loads on the fund?

What is the minimum investment?

I have a third party check I would like to deposit into my account, how do I do that?

Can I setup automatic deposits into my account?

How can I get balance and other information about my account?

Can I purchase or redeem shares online?

I have a question not listed here...

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