IRON Strategic Income Fund Tops Morningstartm High-Yield Bond Category for Six Consecutive Months

IRON Financial announced today that the IRON Strategic Income Fund (NSDQ: IFUNX, IRNIX), has now been ranked number one for six consecutive months as of April 1, 2010 in the High-Yield Bond Fund category by financial research firm Morningstar Inc. The Fund, launched in 2006, is ranked first out of 487 funds rated by Morningstar in this category. This ranking continues a trend of being ranked number one that began in November of 2009, the fund's first opportunity for the ranking following its 3rd anniversary. The ranking is based on the Fund’s three year total return. As of March 31, 2010, the Fund has received a 5-Star overall Morningstar Rating™ based on Morningstar’s rating metrics over a three-year period in the same category. This also is a continuation of the trend that began in November 2009. In addition, the Fund received a Morningstar Return rating of High and a Morningstar Risk rating of Low – the most favorable ratings in those categories.

"We are very pleased to maintain the number one Morningstar ranking in this category,” said IRON co-founder and Chief Investment Officer Aaron Izenstark. "This continued recognition is testament to IRON’s commitment to our investment philosophy and values, and to our mission to provide low cost, innovative, risk mitigated investment strategies to our clients.”

IRON Financial is comprised of IRON Financial, LLC, which provides asset and wealth management services to individuals and institutions (and is the investment advisor to the Fund), and IRON Corporate Retirement Services, which provides services to a broad range of employer-sponsored retirement plans.

About IRON Financial

An asset management firm founded in 1994, IRON Financial manages investment portfolios across core and alternative asset classes, and provides comprehensive solutions in the qualified retirement plan marketplace. IRON’s mission is to provide investment strategies that help mitigate risk, generate attractive relative returns, and help financial intermediaries, foundations, and institutions preserve and grow capital. For more information, please visit www.ironfinancial.com.

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 and considered carefully before investing. You may obtain a current copy of the Fund's prospectus by calling 877-322-0575.

© 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. Past performance is no guarantee of future results.

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 1 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 Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. The IRON Strategic Income Fund was rated against the following numbers of U.S.-domiciled funds over the following time periods: 487 funds in the last three years, With respect to these High Yield funds, The IRON Strategic Income Fund received a Morningstar Rating of 5 stars for the three year period, respectively. Past performance is no guarantee of future results. Morningstar Rating is for the Institutional share class only; other classes may have different performance characteristics.