OMAHA, Neb., July 9, 2013 /PRNewswire/ — Northern Lights Distributors, LLC (“NLD”) a broker-dealer specializing in helping funds navigate the distribution universe by providing comprehensive mutual fund distribution and compliance services and Iron Horse Fund (IRHAX/IRHIX), a mutual fund deploying a signature covered call investment strategy have announced the reduction in fees for the fund.

The Iron Horse Fund is sub-advised by Van Hulzen Asset Management (“Van Hulzen”), a Folsom, California-based registered investment advisor that has managed equity and covered call portfolios for more than 11 years. After consultations with NLD, Van Hulzen made the decision to reduce the Iron Horse Fund’s management fee by 50 basis points. The Fund’s administrator, Gemini Fund Services, has also lowered its administration costs in order to make the overall expense ratio of the Fund more attractive to investors. These changes will take effect on July 1, 2013.

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