Contact: Rob Solt
563-288-2773 or 866-747-9030        

For Immediate Release:   Tuesday, July 24, 2001

Pearl Total Return Fund Receives Nasdaq Ticker Symbol
Muscatine, IA – Pearl Total Return Fund now has its own ticker symbol – PFTRX – on the Nasdaq Mutual Fund Quotation Service.   Pearl Total Return Fund’s daily net asset value will appear in newspapers that report mutual fund information. 

                Pearl Mutual Funds include Pearl Total Return Fund and Pearl Aggressive Growth Fund.   Pearl Total Return Fund seeks long-term total return for its investors.   Pearl Aggressive Growth Fund seeks long-term aggressive growth of capital.   Each Fund is a fund-of-funds that invests in shares of other registered investment companies, including mutual funds and closed-end funds.  All investments involve risks.  Even though Pearl Total Return Fund and Pearl Aggressive Growth Fund each invest in many mutual funds, that investment strategy cannot eliminate risk.

Both Funds are no-load, with no sales charge and no redemption fee.  Both Funds do not impose any 12b-1 fee.  However, some of the mutual funds in which the Funds may invest may impose a 12b-1 fee.

                Pearl Mutual Funds are based in Muscatine, Iowa and began a public offering of their shares on July 2, 2001.  Information on Pearl Mutual Funds may be obtained by calling toll-free 866-747-9030 or from the Funds’ website:

Pearl Mutual Funds are described in a prospectus which contains more complete information about both Funds, including management fees and other charges and expenses.  Any investor should read the prospectus carefully before investing or sending money.  Anyone can request a prospectus by calling toll-free 866-747-9030, or can download it at

Shares of Pearl Total Return Fund and Pearl Aggressive Growth Fund, each a series of Pearl Mutual Funds, are eligible for sale in 13 states (including Iowa and Illinois).  This announcement is not an offer or a solicitation of an offer to buy any of the Pearl Mutual Funds, nor shall any of the Pearl Mutual Funds be offered or sold to any person in any jurisdiction in which the offer, solicitation, purchase, or sale would be unlawful under the securities law of such jurisdiction.





















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