May be the RIGHT fund for RIGHT now!
Among 550 World Stock Funds for the period ending December 31, 2009.
The Overall Morningstar Rating is derived from a weighted average of the performance figures associated with the Fund's three-year and five-year Morningstar Rating metrics.

RELAX. DAL’s FundX Conservative Upgrader Noload Mutual Fund (RELAX - Inception 7/01/02) is designed for investors seeking long-term growth with only average risk.

    If you are a
  • COMMITTED investor
  • Seeking LONG-TERM growth
  • With a FLEXIBLE, CONSERVATIVE investing approach

RELAX may be the fund for you.

Invest in RELAX today.

RELAX Noload Fund PERFORMANCE
RELAX has consistently beat the S&P 500 Index!

RELAX cumulative returns are almost DOUBLE the returns of the S&P 500 Index!

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment 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 866-455-3863 or by visiting www.upgraderfunds.com. Returns shown are cumulative, unless otherwise noted.

RELAX: FundX Conservative Upgrader Fund SUMMARY

Please click here for the Prospectus

Inception Date: July 1, 2002
Minimum Investment: $2,500 ($1,000 for IRAs)
Investment Fees: None
Fund Type: Noload
Sales Commission: None
Transaction Fees: None (at most brokers)
Investment Objectives:
  • Obtain capital appreciation over the long term
  • Accept an average level of market risk
  • Reduce the volatility of the fund
Redemption Fee:
2% for shares sold in 30 days

* The advisor has contractually agreed to reduce its fees and/or pay each Fund’s expenses through 2/28/10, and indefinitely thereafter. The figure shown represents the net expense ratio without Acquired Fund Fees and Expenses and is after the effect of fee waivers, recoupments and rebated fees.

While the fund is no-load, management fees and other expenses will apply. Please refer to the prospectus for further details.

Mutual fund investing involves risk. Principal loss is possible. Foreign investments by the underlying funds involve risks, including changing currency values, different political and regulatory environments and other overall economic factors in those countries. The underlying funds will also be subject to interest rate, credit and high-yield risks. Underlying funds that are non-diversified will invest a larger percentage of their assets in individual companies than a diversified fund. This will result in greater volatility of a fund’s share price than a diversified fund. Derivatives will increase the velocity of potential losses and the underlying holdings will lose more than the original amount invested in the derivative. Furthermore, derivatives involve risk that other parties will fail to meet obligations, causing losses. The FUNDX Conservative Upgrader Fund may hold underlying funds that invest in smaller companies, and this will involve additional risks such as limited liquidity and greater volatility.

Please consult your investment professional regarding your particular investment situation. The FUNDX Upgrader Funds are distributed by Quasar Distributors, LLC.

For each fund with at least a three–year history, Morningstar calculates a Morningstar Rating (based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance, including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 2 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The FundX Conservative Upgrader Fund was rated against the following numbers of U.S. domiciled World Stock Funds over the following time periods: 536 funds in the last three years, and 440 funds in the last five years. With respect to these World Stock Funds, the FundX Conservative Upgrader Fund received a Morningstar Rating of 5 stars for the three-year, and 5 stars for the five-year period. Past performance is not a guarantee of future results.

© 2009 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.