THE PENNSYLVANIA AVENUE FUNDS

NAV: $11.65 4:00pm EST on 10 Jun 2004 Overview Investment Strategy   How To Invest Net Asset Values Policies Voting Record Press Room What's New?

News - The Pennsylvania Avenue Funds Fund Closed Tomorrow The Fund will be closed on Friday, June 10, 2004 due to the closing of the New York Stock Exchange. Orders received after 4 p.m. on Thursday, June 9, will receive Monday's closing price. Thursday, June 10, 2004 - Memorial Day: Fund Closed U.S. markets will be closed Monday, May 31, 2004 for Memorial Day. Orders received after 4 p.m. on Friday, May 28, will receive Tuesday's closing price. Friday, May 28, 2004 - Good Friday: Fund Closed U.S. markets will be closed Friday, April 9, 2004 in observance of Good Friday. Orders received after 4 p.m. on Thursday, April 8, will receive Monday's closing price. Thursday, April 8, 2004 - Pennsylvania Avenue Funds Available Through DataLynx And Fiserv The Investor Class Shares of the Pennsylvania Avenue Event-Driven Fund are now available through Fiserv, DataLynx, TrustLynx, ResourceTrust and Lincoln Trust under the ticker symbol MF4013. You can hold your investment in the fund through your brokerage account if your broker clears through Fiserv. Monday, March 22, 2004 - Fund Available Through Penson Platform Investor Class Shares of the Pennsylvania Avenue Event-Driven Fund are now available through Penson Financial Services Inc. Broker/dealers and Investment Advisers clearing through Penson can purchase and redeem shares easily through this platform. Wednesday, March 3, 2004 - Wall Street Journal Mentions Event-Driven Fund The Wall Street Journal mentioned the Pennsylvania Avenue Event-Driven Fund in its article "Urge To Merge Helps 'Deal' Funds" starting on page R1. Monday, March 1, 2004 - Pennsylvania Avenue Funds To Stop OneSource Information Buyout The Pennsylvania Avenue Funds filed a lawsuit in Delaware today to stop the proposed buyout of OneSource Information Services Inc (NasdaqNM:ONES) Click Here To Read The Complaint. The Fund is represented by Finkelstein, Thompson & Loughran. Friday, February 20, 2004 - President’s Day: Fund Closed U.S. markets will be closed Monday, February 16, 2004 in observance of President’s Day. Orders received after 4 p.m. on Friday, February 13, will receive Tuesday's closing price. Thursday, February 12, 2004 - Archive Main Page Thursday, June 10, 2004 Friday, May 28, 2004 Thursday, April 8, 2004 Monday, March 22, 2004 Wednesday, March 3, 2004 Monday, March 1, 2004 Friday, February 20, 2004 Thursday, February 12, 2004 Friday, February 6, 2004 Monday, January 26, 2004 @ 4:59 pm Monday, January 19, 2004 Powered by Bit 5 Blog Syndication RSS 2.0 Feed Webmasters: You can include our news in your site through our RSS feed. The Pennsylvania Avenue Event-Driven Fund is offered only by prospectus. The prospectus contains more complete information about the Fund, including fees, expenses and risk factors. You should read it carefully before investing or sending money. The Fund is not available to residents of certain jurisdictions or countries. Click here to get a prospectus ©2003-2004 The Pennsylvania Avenue Funds. All rights reserved. Sunday 13th of June 2004 08:36:13 AM

Read Our 2003 Annual Report Read the annual report here Updated Prospectus is now available Read the prospectus here