Africa-focused Investment Strategy Tops 542 Funds in Emerging Markets Category

  Africa-focused Investment Strategy Tops 542 Funds in Emerging Markets
  Category

Business Wire

PRINCETON, N.J. -- January 9, 2013

Nile Capital Management LLC is proud to announce that its flagship fund, the
Nile Pan Africa Fund (NAFAX) finished #1, according to Morningstar, for 1 Year
Total Return in the Diversified Emerging Markets Category, out of 542 other
funds for the year ended December 31, 2012.

Nile’s Chief Investment Officer Larry Seruma commented, “Most investors have
zero exposure to Africa. We believe investors should look to Africa as a way
to deepen their emerging markets allocation, potentially without increasing
risk. We continue to believe in the strength of our core investment themes: 1)
Consumer growth – Africa is home to the fastest growing middle-class in the
world, 2) Natural resources – Africa represents 50% of the world’s gold
production, has the largest iron ore reserve, and 15% of proven oil reserves,
and 3) Infrastructure – the improving infrastructure – power generation,
shipping ports, railways, roads, and communication towers – this development
holds great promise for the African continent. We believe that Africa, with
some of the fastest growing economies in the world, is the world’s most
underappreciated, undervalued growth story.”

Rankings are only one form of performance measurement. For current performance
information, please visit: http://nilefunds.com/Performance.html

Investors should carefully consider the investment objectives, risks, charges
and expenses of the Nile Pan Africa Fund. This and other important information
about the Fund is contained in the prospectus, which can be obtained by
calling 1-877-68-AFRICA. The prospectus should be read carefully before
investing. The Nile Pan Africa Fund is distributed by Northern Lights
Distributors, LLC member FINRA. Nile Capital Management, LLC is not affiliated
with Northern Lights Distributors, LLC.

Mutual Funds involve risk, including possible loss of principal. Because the
Fund will invest the majority of its assets in African companies, it is highly
dependent on the state of the African economy and the financial prospects of
specific African companies. Certain African markets are in only the earliest
stages of development and may experience political and economic instability,
capital market restrictions, unstable governments, weaker economies and less
developed legal systems with fewer security holder rights. Adverse changes in
currency exchange rates may erode or reverse any potential gains from the
Fund’s investments. ETF’s are subject to specific risks, depending on the
nature of the underlying strategy of the fund. These risks could include
liquidity risk, sector risk, as well as risks associated with fixed income
securities, real estate investments, and commodities, to name a few.
Non-diversification risk, as the Funds are more vulnerable to events affecting
a single issuer. Investments in underlying funds that own small and
mid-capitalization companies may be more vulnerable than larger, more
established organizations.

All Morningstar Data © 2012 Morningstar, Inc. Morningstar is an independent
provider of financial information. Morningstar ratings and performance
rankings are based on total return without sales charge relative to all share
classes of mutual funds with similar objectives as determined by Morningstar.
Past performance and rating are not indicative of future results

0026-NLD-1/7/2013

Contact:

Nile Capital Management, LLC
Kurt Kammerer, 646-367-2820
or
Investors:
877-68-AFRICA
 
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