SAN MATEO, CA, December 2, 2011 – Marketocracy Funds1 today announced that on December 2, 2011, annual gains were paid to shareholders of record as of December 1, 2011. The Marketocracy Masters 100™ Fund (Nasdaq: MOFQX) paid out $0.35160 per share of ordinary income.
On December 2, 2011, the distribution ex-date, the Masters 100 Fund’s Net Asset Value (NAV) will be reduced by $0.35160 per share.
Investors can find out about the Masters 100 Fund’s future distributions on: http://mcm.marketocracy.com/products/masters-100-mutual-fund
Marketocracy Funds advises investors to carefully consider the investment objectives, risks, and charges and expenses associated with the Fund prior to investing. The Fund’s prospectus contains this and other information about the Fund. To obtain a prospectus containing more complete information about the Fund, including fees and expenses, please visit: http://mcm.marketocracy.com/_mcm/fundreports.html or call (877) 462-4180. Please read the prospectus carefully before investing.
Principal risks associated with an investment in the Fund include Stock Market risk, Investment Selection risk, Investment in Other Investment Company risk, Stock Index Futures Contracts and Options risk, Portfolio Turnover risk, Small and Medium Companies risk, Foreign Investment risk, and Website Members Participation and Internet Reliance risk. For a more detailed explanation for each of the principal risks, please refer to the Fund’s prospectus.
The m100 group, upon which the Masters 100 Fund’s portfolio manager relies in managing the Fund, is comprised of individuals who may be amateur investors, not investment professionals, and are not employees of the Fund or its advisor. Their track records are based on the performance of a simulated stock portfolio on the website www.marketocracy.com.
1. Rafferty Capital Markets LLC Garden City, New York, serves as Marketocracy Funds’ principal underwriter and distributor of shares.
About Marketocracy Capital Management LLC
Marketocracy Capital Management is the investment adviser to the Masters 100™ Fund.
Marketocracy Capital Management is a wholly owned subsidiary of Marketocracy Inc.
Distributor: Rafferty Capital Markets LLC
Date of First Use: December 2, 2011