Armada's Bulletin Board

10/8/2004 – Capital gains special distribution. more >> 10/7/2004 – Welcome, Riverfront Funds clients. more >> 9/1/2004 – Dalbar ranks Armada site in top 25 for 7th consecutive quarter. more >>

8/31/2004 – Effective August 31, 2004, the Board of Trustees has closed and liquidated the Armada Tax Managed Equity Fund. more  >> 8/27/2004 – Armada Funds proxy voting information is now available in the Fund section of the site. To view the information, mouse over the Fund section and click on the Proxy Voting submenu. more  >> 7/28/2004 – Armada Government Mortgage Fund: A Discussion with the Portfolio Manager, Andy Harding. more  >> 7/15/2004 – Article Reprint from DailyRecord.com: Small Cap Core Fund more  >> 6/30/2004 – Interest Rates are Rising: Should I Get Out of Bonds? Read the latest Market Commentary. more  >> 5/17/2004 – Dalbar ranks Armada site in top 25 for 6th consecutive quarter. more  >> 5/11/2004 – Armada Funds Announces New Growth Managers. more  >>

NOT FDIC INSURED · NO BANK GUARANTEE · MAY LOSE VALUE

You should consider the investment objectives, risks, charges and expenses of the Armada Funds carefully before investing. A prospectus may be downloaded and viewed with this and other information about the Funds or may be obtained by contacting an investment professional or by calling 1-800-622-FUND (3863.) Please read it carefully before you invest or send money.

National City Investment Management Company (IMC) serves as investment adviser to Armada Funds for which it receives an investment advisory fee. Shares of Armada Funds are distributed by Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia, PA 19406. PFD is not affiliated with IMC and is not a bank.