Investment Strategy Places Baker in Top 1% of Large Cap Performers for Past
                                   5 Years

    MINNEAPOLIS, March 11 /PRNewswire/ -- Baker 500 today announced the launch
of its new mutual fund, the Baker 500 Growth Fund, said Ed Baker, the
company's founding partner and the fund's portfolio manager.
    The Baker 500 Growth fund (BFHSX, BFHIX) seeks long-term capital growth
and appreciation by investing in a focused portfolio of large, high-quality,
multi-national companies whose stocks demonstrate earnings, acceleration and
sustainable growth.  It will offer the same Baker 500 Investment Process-used
in other Baker investment products-that has beaten the S&P 500 Index for the
past five years.
    Since the beginning of 1998, that process has generated an annualized
return of  +20.3 percent versus the -0.59 percent return of its benchmark, the
S&P 500 Index.  This record of performance would place Baker 500 among the top
one percent of equity investment managers and mutual funds.
    Ed Baker said he believes that Baker 500's peer-group and index-beating
returns should continue, based on his investment process and his approach of
preserving capital in down markets.
    "I look for long-term investment trends and themes," he said.  "With large
companies, it's also important to consider long-term economic and demographic
considerations.  Historically, large-cap companies lead us out of the bear
market."
    Baker 500 Growth Fund is available through investment professionals.  To
find out how to purchase shares, contact PFCP Distributors at 1-866-253-8244
between 8 a.m. and 5 p.m. Eastern Time.

    About the Baker 500 Company
    Baker 500 is an asset management firm founded by Ed Baker in 1999.  The
company's goal is to consistently provide its clients performance that exceeds
the market in all conditions.  All Baker 500 investments seek index-beating
performance and capital appreciation by continually looking for the best
managed companies in the fastest-growing industries of the S&P 500 Index.
    The company's traditional investment products hold securities that
demonstrate dramatic earnings acceleration and sustainable growth.  In
addition to the Baker 500 Growth Fund, products include the Baker 500 Growth
Portfolio and the Baker Elite Portfolios (Conservative, Moderate, Aggressive).
The company also offers alternative investments in its hedge fund.

    About Ed Baker
    Ed Baker initiated his disciplined Baker 500 Investment Process in 1982
while completing his MBA at Northwestern University's Kellogg School.  Prior
to founding Baker 500, Ed Baker, BA, MBA, CTFA, served as CEO and chief
investment officer for Piper Jaffray Trust, a billion dollar trust/investment
company.  He was also chairman and CEO of Piper Trust Funds Inc., a mutual
funds company.  Ed Baker has also served as senior vice president for
international investment advisor AIB Govett and senior vice president for
Wells Fargo Bank.

Link to this page: