Idaho Tax-Exempt Fund

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.

Idaho Tex-Exempt Fund Template Header

Daily Price

As of 09/03/2010 Symbol Price Change YTD Dividend 08/31/2010
Idaho Tax-Exempt Fund NITEX $5.57 Down $-0.01 Up 5.18% $0.01626 TXFR

Average Annual Returns

Month ended 07/31/2010 1 Year 3 Year 5 Year 10 Year Expense Ratio
Idaho Tax Exempt Fund Up 5.37% Up 5.18% Up 4.06% Up 4.54% 0.85%
S&P Idaho Municipal Bond Index Up 10.28% Up 5.22% Up 4.72% Up 6.05% N/A
The expense ratio shown is as of the most recent Prospectus dated 3/30/2010.

Short-Term Performance

Month ended 07/31/2010 3 Months 6 Months YTD
Idaho Tax-Exempt Fund Up 1.96% Up 2.99% Up 3.18%
S&P Idaho Municipal Bond Index Up 1.96% Up 3.82% Up 4.28%
Legend: Up Up   Down Down   No Change No Change

The Standard and Poor's Idaho Municipal Bond Index is a widely recognized, unmanaged index of municipal bond prices that reflect no deductions for fees, expenses or taxes.