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From Hennion and Walsh's collaboration with Lipper® emerged five distinct indices comprised solely of Exchange Traded Funds ("ETFs"), which together encompass virtually the entire risk/reward spectrum - from Very Conservative to Aggressive Growth - for long-term investors.

Hennion & Walsh has an exclusive arrangement with Lipper® to run open-end mutual funds in North America that track these indices and has initially launched three mutual funds, namely:

* SmartGrowth ETF Lipper® Optimal Conservative Index Fund
* SmartGrowth ETF Lipper® Optimal Moderate Index Fund
* SmartGrowth ETF Lipper® Optimal Growth Index Fund

The SmartGrowth Mutual Funds have been designed to address the diverse objectives, time horizons and risk profiles of investors looking for diversified growth within qualified and non-qualified accounts.

For more information on the SmartGrowth Mutual Funds, including a prospectus, please call us at (800) 836-8240 or contact your Financial Advisor.


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