Saturday, April 5, 2008

Integrity Mutual Funds Releases Ethical Investing White Paper.

MINOT, N. D. BUSINESS WIRE Integrity Mutual Funds, Inc. IMFD. OB, a mutual fund and financial services company, announced today the release of a white paper by Robert Loest, Ph. D., CFA entitled” Ethical Investing EI: Invest With The Values You Use In Raising Your Children.”

The white paper is available for financial planners at www. integrityfunds. com.


In keeping with its overall mission, ” Investments for your World”, the company continues to create learning materials and information portals for investors and financial advisors to make educated and informed investing decisions. ” Ethical Investing EI: Invest With The Values You Use In Raising Your Children”

is a thought-provoking paper that covers many critical issues including a background on Ethical Investing, integrating investing and ethics and why this is a critical issue for many investors. The white paper also addresses relative performance misconceptions for ethical investing-based funds.


” Ethical Investing has become a major issue for investors over the past ten years and it’s important that investors and the financial advisors that serve them have clearly defined information for their review and consideration,”

said Mark Anderson, President and CEO of Integrity. ” This paper by Dr. Loest outlines Integrity’s three step methodology that has been successful in addressing the primary goal of most ethical investors; to obtain competitive returns without violating their ethical principles.”


The author of the paper, Dr. Robert Loest, has a Ph. D. in biology, is a Financial Analyst Charterholder CFA and a former Naval Officer. He has managed money for institutions and individuals since 1987. Dr. Loest employs a disciplined, value-oriented, bottom-up approach to stock selection. He seeks to invest in well-run companies that consistently generate high amounts of free cash flow, earn high returns on invested capital and sell at a discount to fair value calculated using discounted free cash flows.


Integrity Mutual Funds, Inc. is publicly traded over the OTC Bulletin Board under the symbol IMFD. OB. With its subsidiaries, Integrity Money Management, Inc., Integrity Fund Services, Inc., and Integrity Funds Distributor, Inc., the firm sponsors, manages, and advises mutual funds.

IMFD also owns Capital Financial Services, Inc., a full-service brokerage firm that specializes in providing investment products and services to independent investment representatives, financial planners,

and investment advisors throughout the United States. More information is available at http: corp. integrityfunds. com or by calling 800 276-1262.


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