SOURCE: Catalyst Value Fund

August 06, 2009 07:56 ET

Catalyst Value Fund Celebrates Three Year Anniversary With Five Star Performance

NEW YORK, NY--(Marketwire - August 6, 2009) - The Catalyst Value Fund (NASDAQ: CTVAX), a small cap mutual fund, completed its first three years of performance on July 31 with outstanding results. The Fund was ranked #7 among 565 mutual funds categorized by Morningstar as U.S. small cap blend for the three year period ending July 31, 2009. The Fund was ranked #1 out of 650 funds in its Morningstar category for the one year period ending July 31, 2009 and Morningstar has awarded the Fund a 5 Star rating.

During the three year period, the Fund generated an annualized return of 1.62% compared with the Russell 2000 Value Index return of -8.37%. For the latest one year period, the Fund was up 22.03% compared to the Russell 2000 Value Index which was down -20.67%.

"David Miller, Senior Portfolio Manager, has done a spectacular job protecting shareholder capital in tough markets and providing strong returns in the up markets. Congratulations to David for an outstanding first three years," stated Jerry Szilagyi, CEO of the Fund's investment advisor.

The Catalyst Value Fund is managed by Catalyst Capital Advisors LLC which also manages the Catalyst High Income Fund and Catalyst Total Return Income Fund. Below is the Fund's performance for the period ending June 30, 2009.

Share Class                  3 Months       YTD       1 Year    Inception
                            ----------  ----------  ----------  ----------
  With Sales Charges
Class A                          23.96%      17.30%      10.49%      -2.03%
                            ----------  ----------  ----------  ----------
Class C                          23.60%      16.71%       9.32%      -2.87%
                            ----------  ----------  ----------  ----------
  With Sales Charges
Class A                          16.83%      10.56%       4.14%      -4.00%
                            ----------  ----------  ----------  ----------
  Performance Benchmarks
S&P 500 Index                    15.93%       3.16%     -26.21%      -8.64%
                            ----------  ----------  ----------  ----------
Russell 2000 Value Index         18.00%      -5.17%     -25.24%     -11.96%
                            ----------  ----------  ----------  ----------

The Fund's maximum sales charge for Class "A" shares is 5.75%. The advisor has contractually agreed to waive fees and/or reimburse expenses to maintain the Fund's total annual operating expense ratio at 1.30% excluding 12b-1 fees through June 30, 2010. Investments in mutual funds involve risks. Performance is historic and does not guarantee future results. Investment return and principal value will fluctuate with changing market conditions so that when redeemed, shares may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain the most recent month end performance information or the fund's prospectus please call the fund, toll free at 1-866-447-4228. You can also obtain a prospectus at

An investor should consider the Fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the Catalyst Funds can be found in the Fund's prospectus. Please read the prospectus carefully before investing. The Catalyst Funds are distributed by Matrix Capital Group, Inc., New York, NY 10017.

For each fund with at least a 3-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 3-, 5- and 10-year (if applicable) Morningstar Rating metrics.

Contact Information