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COLUMBUS, Ohio (January 1, 2002) - As of December 31, 2001 Prospero Funds produced returns of 16.3% year-to-date. Over the same period, the S&P 500 lost (11.9)% and the NASDAQ declined (21.1)%. Prospero Funds' historical returns, net of all trading costs and management fees, are detailed below:

PERFORMANCE SUMMARY, THROUGH 12/31/01

  ANNUAL
PROSPERO
ANNUAL
S&P

DIFF
TOTAL
PROSPERO
TOTAL
S&P

DIFF
1-year 16.32% (11.90)% 28.22% 16.32% (11.90)% 28.22%
3-year 14.64% (1.03)% 15.67% 50.67% (3.05)% 53.72%
5-year 18.49% 10.70% 7.79% 133.56% 66.25% 67.31%
Since Inception
(1/1/93)
15.04% 13.51% 1.54% 253.00% 212.72% 40.27%

About Prospero Funds: Prospero Funds is an investment advisory company delivering superior financial results and service to clients through detailed fundamental research and investment insight. Contact Prospero Funds at 866.377.7677 or invest@prosperofunds.com for more information.