API Core Income Fund Receives Five Stars From Morningstar

LYNCHBURG, Va. - June 16, 2015 - PRLog -- API Funds (www.apifunds.com) announced that as of May 31, 2015, the Institutional class of the API Efficient Frontier Core Income Fund received a 5-star Overall Morningstar Rating in the Short-Term Bond category. The Fund’s class L share received a 4-star 3 Year Morningstar Rating in the same category as of May 31. The number of funds in the Short-Term Bond category: 3 year, 472; Overall, 472.

The Core Income Fund is a globally diversified, short-duration bond portfolio that seeks to generate above average income. The fund can invest globally and in all market capitalizations. As a result, API is able to seek the best opportunities for above average yield with less sensitivity to interest rate risk and credit risk. The fund is generally appropriate for conservative, income-oriented investors who want to generate above-average income while limiting credit and interest rate risk.

“This is an important milestone for our firm," said David M. Basten, Managing Director of API Funds. "We believe that our ability to generate solid competitive returns, despite often rocky market conditions, is a validation of our commitment to offering top quality service and adhering to a strong investment philosophy that follows the principles of the Efficient Frontier."

About API Funds

API Funds and Portfolios have helped clients achieve long-term investment goals using a proprietary investment methodology based on the principles of Modern Portfolio Theory. Each of API’s Efficient Frontier Funds and Master Allocation Portfolios employ a powerful institutional investment management approach that is supported by sophisticated technology and research that covers the full range of asset categories world-wide. The API funds and portfolios enable investment intermediaries to outsource a professional process that applies fiduciary standards and prudent management of globally diversified portfolios. Further information available at www.apifunds.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 carefully before investing. You may obtain a current copy of the Fund's prospectus by calling 1-800-544-6060. Past performance is no guarantee of 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.

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 for the 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. The Fund had the following ratings for the 3- & Overall periods respectfully: (1) for APIMX as of 5/31/15: 3 yr, 3 stars; Overall, 3 stars; (2) for AFMMX: 3 yr, 4 stars; Overall, 4 stars; (3) for APIBX: Overall, 5 stars. The number of funds in the category: 3 yr, 472; Overall 272.

Investments in international markets present special risks including currency fluctuation, the potential for diplomatic and political instability, regulatory and liquidity risks, foreign taxation and differences in auditing and other financial standards. Risks of foreign investing are generally intensified for investments in emerging markets.

Bonds are affected by a number of risks, including fluctuations in interest rates, credit risks, and prepayment risk. In general, as prevailing interest rates rise, fixed income securities prices will fall.

Diversification does not ensure a profit or guarantee against loss.

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