Morningstar Rates the Miller Convertible Fund the Best Performing Convertible Mutual Fund During the "Mini Cycle” of the Last 2.5 Years

Morningstar has rated the Miller Convertible Fund Class I shares (ticker: MCIFX) and the Miller Convertible Fund Class A shares, (ticker: MCFAX) the best performing convertible fund for the 2.5 year period ended June 30, 2010.

Morningstar ranked 56 convertible funds and share classes during the last 2.5 years by annualized return. Besides being the overall best performing convertible fund, the Miller Convertible Fund I and A shares were one of only two convertible fund families to post positive returns during this period.

According to Fund Manager, Greg Miller CPA, "The period January 1, 2008 through June 30, 2010 was a ‘mini-cycle’, first a severe bear market and then a strong bull equity market. This was a very volatile period when equities as an asset class failed to provide positive returns for investors. We are very pleased that the Miller Convertible Fund produced positive aggregate returns and was the best performing convertible mutual fund during this mini-cycle in a period when the S&P 500 Total Return Index fell 25.62%. We believe our convertible track record demonstrates the benefits of an absolute return seeking convertible strategy as a low-volatility core equity and bond strategy for difficult markets."

Complete returns for various periods for all of the convertible funds listed in Morningstar can be viewed directly on the Morningstar website at: www.morningstar.com.

For more information on the Miller Convertible Fund, please contact Michael Miller, Co-Fund Manager at Wellesley Investment Advisors, Inc. (781) 416-4000 Ext. 132, email: mmiller@WellesleyInvestment.com

The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, at least until February 28, 2011, to ensure that the net annual fund operating expenses will not exceed 1.75% for Class A and 1.25% for Class I, subject to possible recoupment from the Fund in future years. Without these waivers, the Fund's total annual operating expenses would have been 1.98% for Class A and 1.48% for Class I. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. For performance information current to the most recent month-end, please call toll-free 877-441-4434.

Total return includes interest, capital gains, dividends, and distributions realized and reinvested. ¹The S&P 500 Index, a registered trademark of McGraw-Hill Co., Inc., is a market capitalization weighted index of 500 widely held common stocks. Investors cannot invest directly in an index or benchmark.

©2010 Morningstar, Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and 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.

Convertible securities are hybrid securities that have characteristics of both bonds and common stocks and are subject to risks associated with both debt securities and equity securities. The fund is also subject to non-diversification risk, which means the fund is more vulnerable to events affecting a single issuer.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Miller Convertible Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 781-416-4000. The prospectus should be read carefully before investing. The Miller Convertible Fund is distributed by Northern Lights Distributors, LLC member FINRA. Wellesley Investment Advisors, Inc. and Northern Lights Distributors, LLC are not affiliated entities.

0965-NLD-7/9/2010