Investment Manager Lee Financial Group Hawaii is Proud to Announce that The Lee Financial Tactical Fund (LOVIX) Has Received a 5-star Overall Morningstar Rating for Fourth Consecutive Month

    HONOLULU, HI, April 12, 2016 /24-7PressRelease/ -- LEE FINANCIAL GROUP HAWAII, INC. ("LFG"), a Hawaii based investment management firm, is proud to announce that the Lee Financial Tactical Fund (LOVIX) has received a 5-Star Overall Morningstar Rating versus 244 funds in the Tactical Allocation Category for the three year period ended March 31, 2016, based on risk-adjusted returns. This is the fourth consecutive month in which the Lee Financial Tactical Fund (the "Fund") has received the 5-Star Rating. LFG is the investment manager for the Fund.

The Morningstar Ratings are a measure of the Fund's risk adjusted returns over the previous three-year period, relative to the funds included in the same Morningstar category. The ratings range from 1 to 5 stars. The best performers (top 10%) receive 5 Stars.

"We are committed to utilizing our defensive equity strategy," said Terry Lee, President and CEO, Lee Financial Group Hawaii. "We believe in the philosophy that 'losses hurt more than equivalent gains help,' and apply that special focus on risk when we manage the Fund."

Lee continued, "Going forward, we will continue to use our firm's 28 years of experience in the industry to help navigate the complexities of the markets in an attempt to continue to provide a quality investment to the Fund's shareholders."

The investment objective of the Fund, introduced in June 2011, is to achieve long-term capital appreciation and preservation of capital while lowering volatility. The Fund normally invests primarily in common stocks of U.S. companies. It invests in large, medium, and/or small capitalization securities, primarily with market capitalizations at the time of purchase of $2 billion or greater. Under normal circumstances, the Fund will allocate a portion of its total assets to structured notes. The Fund may also invest in exchange-traded funds and mutual funds that invest in domestic or foreign securities.

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All offers for investment in the Lee Financial Tactical Fund and Hawaii Municipal Fund are made by prospectus.

Before investing, read the prospectus carefully. Please carefully consider the Funds' investment objectives, risks, and charges and expenses before investing. The prospectus contains this and other information about the Funds. Call (808) 988-8088, (800) 354-9654 or visit our website www.LeeHawaii.com for a free prospectus.

LOVIX
A word about risk: Mutual fund investing involves risks. Principal loss is possible. The Lee Financial Tactical Fund's investments in structured notes may subject the Fund to greater interest rate, credit and counterparty risks and costs than traditional equity funds. The price of structured notes may be volatile and they may have a limited trading market, making it difficult to value or sell them. Structured notes are also subject to risks of debt instruments, including interest rate and call risks, but may have a greater risk of loss than a typical debt security of the same maturity and credit quality. In exchange for the issuer's guarantee of full or partial payment of principal on maturity, the upside return the Fund could achieve on its investment may be capped or limited and the issuer's guarantee is generally available only if the Fund holds the structured note to maturity. The Fund also invests in options which may be more volatile and less liquid, increasing the risk of loss when compared to traditional securities. The Fund may also invest in foreign securities which, especially in emerging markets, involve greater volatility and political, economic, regulatory and currency risks and differences in accounting methods. The Fund may invest in small, mid or large companies. Investment in smaller companies involves additional risks such as limited liquidity and greater volatility than larger companies.

The Fund's investments in other investment companies, including exchange traded funds, subjects the Fund to those risks affecting that investment company, including a possible decrease in the value of the underlying securities. The Fund will also incur brokerage costs when it purchases exchange traded funds and will incur its pro rata share of the underlying investment company's expenses. The Fund's investments in exchange traded notes are subject to credit risk and the value of the exchange traded note may decline due to a downgrade in the issuer's credit rating, despite the underlying index remaining unchanged. This is not a complete list of risks that may affect the Fund. For additional information concerning the risks applicable to the Fund, please see the Fund's prospectus.

Performance quoted represents past performance. Past performance is no guarantee of future results. The performance quoted reflects fee waivers in effect and would have been lower in their absence.

SURFX
A word about risk: Mutual fund investing involves risks. Principal loss is possible. The Hawaii Municipal Fund's investments in municipal bonds subjects the Fund to interest rate, credit, call and geographic concentration risk. This is not a complete list of risks that may affect the Fund. For additional information concerning the risks applicable to the Fund, please see the Fund's prospectus.

*Some income may be subject to the federal alternative minimum tax for certain investors.
Income may also be subject to capital gains taxes.

Source: 2016 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and ten-year (if applicable) Morningstar Rating metrics. Lee Financial Tactical Fund (LOVIX) was rated against the following number of U.S. domiciled Tactical Allocation funds over the following time periods: 244 funds in the last three years. With respect to these Tactical Allocation funds, Lee Financial Tactical Fund (LOVIX) received a Morningstar Rating of 5 stars for the three-year period. Past performance is no guarantee of future results. The performance reflects fee waivers in effect and would have been lower in their absence.

ABOUT LEE FINANCIAL GROUP HAWAII, INC.
Lee Financial Group Hawaii, Inc. ("LFG") was founded in Hawaii in 1988. The firm has served a broad range of clients, including mutual funds, individuals, trusts, estates, businesses, charitable organizations, and pension and profit-sharing accounts.

LFG is also the investment manager for the Hawaii Municipal Fund ("SURFX"), a no-load municipal bond fund. SURFX seeks to provide a high level of current income exempt from federal and Hawaii state income taxes* consistent with preservation of capital and prudent investment management.

LFG also provides wealth management services, working with investors to help them achieve their long-term financial goals by developing investment plans, selecting asset allocation models, and providing ongoing investment monitoring. They also offer investment advisory services to institutional clients seeking a defensive equity or fixed income strategy.

Lee Financial Tactical Fund and Hawaii Municipal Fund are series of Lee Financial Mutual Fund, Inc. Lee Financial Securities, Inc. is the distributor for Lee Financial Mutual Fund, Inc.

For more information, please visit www.LeeHawaii.com.

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