Sunday, December 7, 2008
Integrity Starts Williston Basin Fund
A andamp lt a href andamp quot http www kxnet com t minot-ndandamp quot class andamp quot kxInlineLinkandamp quot andamp gt Minotandamp lt aandamp gt -based mutual fund company is focusing on business generated in the andamp lt a href andamp quot http www kxnet com t williston-ndandamp quot class andamp quot kxInlineLinkandamp quot andamp gt Willistonandamp lt aandamp gt Basin andamp lt a href andamp quot http www kxnet com t oilandamp quot class andamp quot kxInlineLinkandamp quot andamp gt oilandamp lt aandamp gt patch Integrity Mutual Funds has re-designed an existing mutual fund that will now invest about half of its assets in securities that are participating in or benefitting from economic activity related to the natural resources industry across central North America with a focus on the oil business in western andamp lt a href andamp quot http www kxnet com t north-dakotaandamp quot class andamp quot kxInlineLinkandamp quot andamp gt North Dakotaandamp lt aandamp gt and eastern andamp lt a href andamp quot http www kxnet com t montanaandamp quot class andamp quot kxInlineLinkandamp quot andamp gt Montanaandamp lt aandamp gt The portfolio manager of the new fund called The Williston Basin Mid-North America Stock Fund says it was formed to make investors aware of what he called an undiscovered gem Robert LOW-st Loest says the economic activity related to oil exploration in the region has been unlocked by technological advancements Laura Anderson president of Integrity s mutual fund division says a balance of investments is key Laura Anderson Integrity Mutual Funds andamp quot It s roughly 50 natural resource-related Natural resource could be oil and gas coal wind also andamp lt a href andamp quot http www kxnet com t agricultureandamp quot class andamp quot kxInlineLinkandamp quot andamp gt Agricultureandamp lt aandamp gt and ranching with the other 50 in offsetting industries so that there s a balance of investments so that as oil prices go up the fund benefits But when oil prices fluctuate which they will do then there s offsetting investments andamp quot You can get information on the Williston Basin Mid North America Stock Fund from Integrity Mutual Funds online at www integrityfunds com or by calling their toll-free number
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