Sextant Mutual Funds

Performance data quoted represents past performance which is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance may higher or lower than performance data quoted herein. Returns do not reflect the potential deduction of a 2% redemption fee on shares held less than 90 calendar days. Performance current to the most recent month-end can be obtained by calling toll free 1-800/SATURNA or by visiting Average Annual Returns.

Sextant Mutual Funds

Performance

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Month ended 07/31/2010 1 Year 3 Year 5 Year 10 Year Expense Ratio1,2
Equity Funds
Sextant Growth Up 10.47% Down -4.65% Up 1.79% Up 1.80% 1.34%
S&P 500 Index Up 13.84% Down -6.78% Down -0.17% Down -0.76% N/A
Sextant International Up 9.92% Down -1.91% Up 6.70% Up 4.10% 1.14%
NYSE Arca International Market Index Up 1.52% Down -7.64% Up 3.33% Up 1.06% N/A
Balanced Fund
Bond Funds
Legend: Up Up   Down Down   No Change No Change

¹ Expense ratios shown are as of the Funds' most recent prospectus dated March 30, 2010.

² The Adviser has voluntarily capped actual expenses of Sextant Short-Term Bond at 0.75% and actual expenses of Bond Income at 0.90% though March 31, 2011.

³ Sextant Core Fund began operations March 30, 2007.