updated 4/14/2011 9:16:47 AM ET 2011-04-14T13:16:47

NEW YORK, April 14, 2011 (GLOBE NEWSWIRE) -- The JETS Contrarian Opportunities Index Fund (NYSE:JCO) celebrated the one-year anniversary of its NYSE ARCA listing on April 8, 2011. The Exchange Traded Fund (ETF) is the first to follow a dynamic, contrarian investment strategy.

In its first year of trading, JCO outperformed the S&P500 Index by 10.88% with a total return of 22.08% vs. 11.20% respectively.

JCO also vastly outperformed a variety of popular actively managed mutual funds. According to ICI research, there is over $3 Trillion of investors' capital invested in actively managed mutual funds.

"The outperformance in JCO comes from the unique design of the index which we track. Unlike traditional, static indexes or large mutual funds that simply ride market fluctuations, the Dow Jones Contrarian Opportunities Index seeks to capture intermediate term opportunities by adjusting its components every six months," said Brint Frith, President of Javelin Investment Management, the sponsor of the ETF. "By tracking a dynamic index, our ETF provides the potential for solid returns without compromising the transparency and efficiency that today's investors demand."

Ted Theodore, Chairman and CIO of Avatar Associates, added, "We think JCO is based on an ideal way to find stocks that, while they have lagged over the past, are currently building an improved fundamental base.  This ETF is a very good way to get a whole group of these kinds of stocks."

For more information on JCO call (866) 528-0029 or visit www.jetsetfs.com.

Standardized Performance for JCO:

         
As of March 31, 2011 Since Fund Inception (04/07/10) YTD 1 Mo 3 Mo
NAV 22.69% 7.42% 1.37% 7.42%
Market Price 22.83% 6.77% 1.71% 6.77%

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Returns less than one year are cumulative. As stated in the current prospectus, the Fund's annual operating expense ratio (gross) is .58%.

About Javelin Investment Management

Javelin Investment Management was founded for the purpose of introducing new and compelling ETFs. The JETS Contrarian Opportunities Index Fund is currently the only ETF sponsored by Javelin.

Disclosures

An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. The risks associated with the fund include stock market risk, index risk, tracking error risk, replication management risk, small and mid capitalization company risk, market price risk and trading halts risk.

Shares of JCO are bought and sold at market price (closing price) not NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined), and do not represent the return you would receive if you traded at other times.

Before investing you should carefully consider the fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, which can be obtained by visiting www.javelinfunds.com . Please read the prospectus carefully before you invest.

Foreside Fund Services, LLC, Distributor.

CONTACT: JCO
         (866) 528-0029
         www.jetsetfs.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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