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 02/03/2012 Symbol Price Change YTD Dividend 01/31/2012
Idaho Tax-Exempt Fund NITEX $5.64 Down $-0.01 Up 1.50% $0.01374 TXFR

Average Annual Returns

Month ended 01/31/2012 10 Year 5 Year 3 Year 1 Year Expense Ratio
Idaho Tax Exempt Fund Up 4.31% Up 4.83% Up 6.03% Up 10.09% 0.74%
S&P Idaho Municipal Bond Index Up 5.84% Up 5.58% Up 9.43% Up 14.26% N/A
The expense ratio shown is as of the most recent Prospectus or Summary Prospectus dated 3/25/2011.

Short-Term Performance

Month ended 01/31/2012 3 Months 6 Months YTD
Idaho Tax-Exempt Fund Up 3.55% Up 5.56% Up 1.68%
S&P Idaho Municipal Bond Index Up 4.52% Up 6.96% Up 2.41%
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.