The Toreador Large Cap Fund (TORLX) Receives a 4-Star Overall Morningstar Rating™

Mr. Resendes co-founded The Applied Finance Group, a global equity valuation research firm, and the Toreador team utilizes AFG's proprietary investment approach in their stock selection process.

Chicago, IL (PRWEB) January 21, 2011

The Toreador Large Cap Fund (TORLX) receives a 4-Star Overall Morningstar Rating™ out of 1753 Large Blend Funds, for the period ending 12/31/2010.

“We are thrilled that TORLX has been recognized among the leading Large Cap Blend Funds, especially given the volatile market conditions of the past three years, our performance is a testament to how well our process identifies mispriced securities in up and down markets”, says Co-Fund Manager, Rafael Resendes,

The Toreador Large Cap Fund (TORLX) currently has less than $100 million of assets under management “We consider ourselves an undiscovered gem, as our size, combined with our strong process gives us a unique advantage to potentially take advantage of the opportunities created by such extreme market swings ”, says Mr. Resendes.

Mr. Resendes co-founded The Applied Finance Group (AFG), a global equity valuation research firm, and the Toreador team utilizes AFG's proprietary investment approach in their stock selection process.

The Toreador team combines a systematic and fundamental approach to evaluating each firm it purchases. Mr. Resendes and his team select stocks they believe will offer greater return potential by focusing closely on the following factors:

• Higher appreciation potential as measured by the difference between a company’s trading price and the advisors estimate of its intrinsic value;
• Attractive short and long term earnings quality;
• Trends in a company’s economic performance, such that it is consistent with improving shareholder value;
• Corporate Management’s teams ability to execute wealth creation strategies.

“We believe our process sets Toreador apart from any other investment advisor, and our ongoing results testify to that fact”, says Mr. Resendes.    

Prospectus and investment information for the Toreador Large Cap Fund (TORLX) is available at http://www.toreadorfunds.com

About The Portfolio Managers
Rafael Resendes - Portfolio Manager

Mr. Resendes, portfolio manager, is jointly responsible for the day-to-day management of the Fund’s portfolio, including stock selection and investment monitoring. Mr. Resendes, co-founder of the Applied Finance Group, has over 22 years of capital market experience and has spent the past 16 years in the area of equity research and valuation. Mr. Resendes has been an adjunct professor of finance at DePaul University in Chicago, and is a frequently cited source for publications such as Forbes, The Wall Street Journal, and MarketWatch.com, among others. Mr. Resendes was co-portfolio manager of an equity hedge fund sponsored by AFG from 1998 to 1999. He graduated Phi Beta Kappa from The University of California, Berkeley with a BS in Finance and received his MBA from the University of Chicago.

Paul Blinn - Portfolio Manager

Mr. Blinn, is jointly responsible for the day-to-day management of the Fund’s portfolio, including stock selection, investment monitoring and trading. Mr. Blinn has 24 years of capital market experience, during which time he had oversight and direct responsibility for the discretionary trading and risk management of large and complex portfolios of cash and derivative securities using numerous arbitrage strategies that sought to exploit pricing discrepancies identified by statistical models. He acquired this experience as an Executive Director at UBS, a global financial firm, and its predecessor banks from 1985 to 2000, and, most recently, as a Vice President of a leading option market maker and then a Senior Equity derivatives trader for a hedge fund from 2000 to 2005. Mr. Blinn graduated with honors from The University of Texas at Austin with a BBA in Finance.

The Fund's investment objective, risks, charges and expenses must be considered carefully before investing; The prospectus contains this and other information about the investment company and may be obtained by calling (800) 343-5902. The prospectus should be read carefully before investing. There is no guarantee the Fund will achieve its stated investment objective.

The Toreador Funds are distributed by Unified Financial Securities, Inc. 2960 N. Meridian St., Suite 300, Indianapolis, Indiana 46208-4715. (Member FINRA)

There is no guarantee that this or any investment strategy will succeed; the strategy is not an indicator of future performance; and investment results may vary. Fund shares, when redeemed, may be worth more or less than their original cost. The Fund's investment objective, risks, charges and expenses must be considered carefully before investing; The prospectus contains this and other information about the investment company and may be obtained by calling (800) 343-5902. The prospectus should be read carefully before investing. There is no guarantee the Fund will achieve its stated investment objective. The Toreador Funds are distributed by Unified Financial Securities, Inc. 2960 N. Meridian St., Suite 300, Indianapolis, Indiana 46208-4715. (Member FINRA)

© 2011 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Ratings 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 three-, five- and ten-year (if applicable) Morningstar Rating metrics. The Toreador Large Cap Fund was rated against the following numbers of U.S.-domiciled blend funds over the following time periods: 1753 Large Blend funds in the last three years. With respect to these Large Blend funds, The Toreador Large Cap Fund received a Morningstar Rating of four stars, respectively. Past performance is no guarantee of future results.

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