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Idaho Tax-Exempt Fund (NITEX): Performance

Month-end Average Annual Total Returns
As of 07/31/2010 1 Year 3 Year 5 Year 10 Year Expense Ratio¹
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

Quarter-end Average Annual Total Returns
As of 06/30/2010 1 Year 3 Year 5 Year 10 Year Expense Ratio¹
Idaho Tax Exempt Fund Up 5.58% Up 5.13% Up 3.71% Up 4.58% 0.85%
S&P Idaho Municipal Bond Index Up 10.97% Up 5.01% Up 4.57% Up 5.99% N/A

¹ As of the Fund's most recent Prospectus dated March 30, 2010.

Growth of $10,000

Idaho Tax-Exempt Fund: Growth of $10,000

This chart illustrates the performance of a hypothetical $10,000 invested at the beginning of the period and redeemed at the end of the period, and assumes reinvestment of all dividends and capital gains.

Annual Total Returns

YTD as of 06/30/2010

Idaho Tax-Exempt Fund: Annual Total Returns

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 be 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.