Neiman Funds

		Shareholder Services: 877.385.2720

Balance & Diversification with the
Neiman Balanced Allocation Fund

Overview

Finding your way around the world of mutual funds can be a daunting task. There are some 25,000 plus funds available from thousands of mangers and hundreds of different fund companies. The Neiman Balanced Allocation Fund seeks out what we believe are "Best in Breed Money Managers" in a wide broad spectrum of asset classes to create a portfolio best suited to a mainstream investor who wishes to maximize returns at a reasonable level of risk. Diversification has been shown to be one of the keys to long-term investment success, making the Fund suitable as a "one-investment" choice for small to mid-sized investors.
Our Philosophy
We believe in managing money using the time-tested principles of asset allocation and modern portfolio theory to help our shareholders reach their long term investment objectives. We are not market timers. Rather, we construct a fully diversified portfolio, a "fund of funds," that includes a broad array of asset classes managed by the best and brightest managers that fits with our investors' tolerance for risk. "Although it may seem so, this is not typically a do it yourself strategy. The combination of pure asset allocation, modern portfolio theory and intensive research is only replicated with knowledge, experience and the commitment of large amounts of time." -- Dan Neiman, Portfolio Manager Overview of Neiman Balanced Allocation Fund
Our Process
Step 1: We begin with widely recognized asset allocation models, developed by Morningstar and Ibbotson, to create a diversification plan for the Fund based on a specific risk profile. Step 2: Next we sort the world of mutual funds into separate asset classes. Within each class, we conduct intense research and proprietary screens based in modern portfolio theory to select those managers who we believe to be the "best in breed" is in each class. Step 3: We conduct ongoing research to assess whether our managers are still on top of their game. Typically the Fund is rebalanced bi-annually, continually monitoring our investments and steering clear of the urge to time the markets. Our rebalancing strategy allows us to take advantage of buying underperforming assets at a discount and selling outperforming assets at a premium while keeping our target allocation in line.

To the extent the Fund invests in underlying funds that own stocks of small and medium capitalization companies, the Fund may be subject to additional risks. The earnings and prospects of these companies are more volatile than larger companies. Small and medium sized companies may have limited product lines and markets, and may experience higher failure rates than do larger companies.

To the extent the Fund invests in underlying funds that own foreign securities, including American Depositary Receipts (“ADRs”) the Fund may be subject to risks not usually associated with owning securities of U.S. issuers. These risks include adverse political, social and economic developments, differing auditing and legal standards, war, expropriation and nationalization.

To the extent the Fund invests in underlying funds that own securities in emerging markets, the Fund will be subject to emerging market risks. The risks of foreign securities are typically increased in emerging markets. These risks include, among other things, political and economic instability, less developed securities markets and currency devaluations.

The Fund may invest in underlying funds that purchase high yield securities. High yield securities are considered speculative and are less likely to have the capacity to pay interest and repay principal when due in the event of adverse business, financial or economic conditions.

Overview
Portfolio
Performance
Invest with us
Prospectus

OBJECTIVE

Total Return

TICKER

Class A: NBAFX
Class C: NBCFX

CUSIP

Class A: 640193405
Class C: 640193504

INCEPTION DATE

07/16/2010

MINIMUM INITIAL INVESTMENT

$2,500 (IRA, Roth, AIP $1,000)

SALES LOAD

Class A: 5.75%
Class C: None

ADVISOR

Neiman Funds Management LLC

SHAREHOLDER SERVICES

877.385.2720

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