American Independence Large Cap Value Now Available on the FolioDynamix UMA Program

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American Independence Financial Services, LLC (“AIFS”), a New York, NY based investment manager of mutual funds and separate accounts, announced today the availability of its highly rated Large Cap Value strategy on the FolioDynamix UMA program.

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American Independence Financial Services, LLC (“AIFS”), a New York, NY based investment manager of mutual funds and separate accounts, announced today the availability of its highly rated Large Cap Value strategy on the FolioDynamix UMA program.

FolioDynamics Corporation (“FolioDynamix”) is a New York, NY based firm focused on delivering wealth management platform technology and fee-based managed account solutions to broker dealers, banks, custodians and investment advisors.

The AIFS Large Cap Value strategy has previously been available as a mutual fund that has the distinction of being the only Large Cap Fund to beat the S&P 500 Index each year since 1999. It is now available to users of the FolioDynamix industry-leading wealth management platform.

“FolioDynamix clients are known as distinguished organizations, and FolioDynamix is a thought leader,” says John J. Pileggi, Managing Partner of AIFS. “We are proud and honored to have qualified to join the FolioDynamix platform, which features some of the most well respected managers in the industry. AIFS prides itself as a provider of alpha driven and unique strategies. Our Large Value product, we believe, is unlike any other and our strategy is to work with selected organizations of great integrity, of which FolioDynamix is certainly one.”

“We incorporate a comprehensive set of offerings on our platform, which enables advisors to provide the best level of service and highly competitive performance to clients,” said Joseph Mrak, president and CEO of FolioDynamix. “The addition of the AIFS Large Cap Value strategy to the FolioDynamix platform further enhances the overall array of solutions, services and research available to our clients.”

About American Independence Financial Services, LLC
American Independence Financial Services, LLC (“AIFS”) is the investment adviser and administrator for the American Independence Funds Trust featuring the 5 Star Morningstar rated Stock Fund. Jeff Miller was noted for his management of the American Independence Stock Fund, which was listed in Morningstar’s “Large Cap Funds on Winning Streaks” on July 11, 2010. It is currently the only Large Cap Value fund to have out-performed the S&P500 every year since the end of 1999. The American Independence Fund family is currently comprised of 16 funds. AIFS also has a strong SMA business featuring the tactical bond strategies, as well as Large Cap Value. Total firm assets under management are approximately $1.4 billion.

About FolioDynamix
FolioDynamix offers the most comprehensive web-based technology platform for managing the full investment and wealth advisory lifecycle – including proposal, due diligence, model management, portfolio accounting, order management, billing, reporting and performance analytics – across all account types. FolioDynamix is a complete solution developed, hosted and supported by one vendor – eliminating silos, empowering advisors with a single platform to manage customer accounts, and providing broker dealers, banks and custodians with leading-edge technology to attract and retain top advisors and gain end-to-end visibility into all assets under management for compliance, auditability and enhanced customer service. Technology is complemented with content and expertise delivered by FDx Advisors, the registered investment advisor arm of FolioDynamix, providing in-depth manager research, investment consulting and discretionary investment solutions fully integrated with the FolioDynamix wealth management and advisor desktop platform. Visit http://www.foliodynamix.com.

INQUIRIES:
American Independence Financial Services, LLC
Eric Rubin, President
Tel. 646-747-3477
erubin(at)americanifs(dot)com

Important Disclosures
Investing in the Funds involves risk. Equity securities are more volatile and carry more risk than other forms of investments. The Funds may invest in small and mid cap securities that are more volatile than large cap stocks.

For more complete information on the American Independence Funds, you can obtain a prospectus containing complete information for the funds by calling 866-410-2006, or by visiting http://www.aifunds.com. Please read the prospectus carefully before investing. You should consider the fund’s investment objectives, risks, charges, and expenses carefully before you invest or send money. Information about these and other important subjects is in the Funds’ prospectus.

Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance information current to the most recent month-end, please call 866.410.2006 or visit http://www.aifunds.com.

The Russell 1000 Value Index measures the performance of the large-cap value segment of the U.S. equity universe. It includes those Russell 1000 companies with lower price-to-book ratios and lower expected growth values. The index is not available for purchase. The S&P 500 Index has been widely regarded as the best single gauge of the large cap U.S. equities market since the index was first published in 1957. The index is not available for purchase.

The American Independence Stock Fund I Class received a 5-star rating for overall performance, for the period ending May 31, 2011, 5 stars for 3-year performance among 1,668 Large Blend funds, 5 stars for 5-year performance among 1,424 funds, and 5 stars for 10-year performance among 807 funds.

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 is 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.

American Independence Financial Services, LLC is a limited liability company.

Shares of the American Independence Funds are distributed by Matrix Capital Group, Inc., which is not affiliated with American Independence Financial Services, LLC.

Not FDIC Insured - May Lose Value - No Bank Guarantee

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