Eventide Gilead Fund Announces<br /> 2012 Results

BOSTON, MA–(Marketwire – Jan 22, 2013) – The Eventide Gilead Fund ( NASDAQ : ETGLX ), a mutual fund practicing biblically responsible investing, achieved a one-year total return of 18.15%, compared with the Russell Mid-Cap Growth Index return of 15.81% and S&P 500 Index return of 16.00%, outperforming each by 2.34% and 2.15% (respectively). The Fund finished the year ranking in the top 8% of its peer group (Mid-Cap Growth) for total performance according to Morningstar, out of 400 funds.

The following table shows the Gilead Fund’s performance since inception:

As of 12/31/2012 YTD return 1 year return 3 year annualized return Since inception (7/08/2008) annualized return
Eventide Gilead Fund* 18.15% 18.15% 11.95% 11.08%
S&P 500 Total Return Index 16.00% 16.00% 10.87% 4.88%
Russell Mid-Cap Growth Total Return Index 15.81% 15.81% 12.91% 6.00%

The Eventide Gilead Fund maintains its distinctive investment strategy of finding and investing in companies that “serve — or ‘create value,'” said Eventide lead portfolio manager Finny Kuruvilla, MD PhD. “Value creation is the business application of ‘the golden rule,’ the hallmark of the Christian ethic, but also, we believe, the key indicator of business vitality and the most reliable leading indicator of financial performance.”

“Businesses that prosper best over the long-term are those that serve important needs especially well; those that lose sight of this purpose invariably shift focus inwardly to shareholders, where brand posturing and ‘next quarter’-thinking cost meaningful innovation — and eventually profits,” continued Kuruvilla. “Our commitment to looking for companies that serve, however, we believe has been precisely the reason Gilead Fund investors have benefited over the past four and half years, including in 2012.”

The Eventide Gilead Fund is managed by Eventide Asset Management, LLC, a Boston-based investment advisor.

Expenses ratios: Gross Expenses 2.05%; Net Expenses 1.64%. The advisor has agreed to maintain the Fund’s total annual operating expenses at 1.64% until at least October 31, 2013. Three-year and inception returns are annualized. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. Performance shown is for No-load Class shares (please see a prospectus for information about other share classes). For performance information current to the most recent month-end, please call toll-free 877-771-EVEN (3836).

Morningstar ratings and classifications do not constitute and are not intended to constitute investment advice. As a result, you should not make an investment decision on the basis of this information. Rather, you should use Morningstar ratings and classifications for informational purposes only.

The S&P 500 is an index created by Standard & Poor’s Corp considered to represent the performance of the stock market generally. The Russell Midcap Growth Index measures the performance of the U.S. equity mid-cap growth segment. It includes mid-cap companies with higher price-to-book ratios and forecasted growth. Neither index is an investment product available for purchase.

Mutual Funds involve risk including the possible loss of principal. The fund can invest in smaller-sized companies which may experience higher failure rates than larger companies and they normally have a lower trading volume than larger companies. The Fund’s ethical values screening criteria could cause it to underperform similar funds that do not have such screening criteria. The fund can have risk associated with the biotechnology and pharmaceutical industry in which these companies may be heavily dependent on clinical trials with uncertain outcomes and decisions made by the U.S. Food and Drug Administration. The fund can have risk related to option investing. There are special risks associated with investments in foreign companies including exposure to currency fluctuations, less efficient trading markets, political instability and differing auditing and legal standards. The fund can have risk associated with a higher portfolio turnover which could result in higher transactional costs.

An investor should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the Eventide Gilead Fund can be found in the Fund’s prospectus. Please read the prospectus carefully before investing.
To obtain a current prospectus please call the fund, toll free at 877-771- EVEN (3836).
The Eventide Gilead Fund is distributed by Northern Lights Distributors, LLC, which is not affiliated with Eventide

Asset Management, LLC.

Fund Contact:
Robin John
877-771-EVEN (3836), x55

News › Eventide Gilead Fund Announces<br /> 2012 Results

Mutual Funds involve risk including the possible loss of principal. Past performance does not guarantee future results.The Funds’ ethical values screening criteria could cause it to under-perform similar funds that do not have such screening criteria. The Funds can have risk related to option investing. There are special risks associated with investments in foreign companies including exposure to currency fluctuations, less efficient trading markets, political instability and differing auditing and legal standards. Because of ongoing market volatility, the Funds performance may be subject to substantial short-term changes.

The Eventide Gilead Fund & Eventide Healthcare & Life Sciences Fund can invest in smaller-sized companies which may experience higher failure rates than larger companies and they normally have a lower trading volume than larger companies. The Funds can also have risk associated with the biotechnology and pharmaceutical industry in which these companies may be heavily dependent on clinical trials with uncertain outcomes and decisions made by the U.S. Food and Drug Administration. The Funds can invest in private companies. Private investments include various risks including but not limited to lack of liquidity, capital commitment risk, and valuation risk. Private companies may not be financially profitable and have uncertain futures, thus subject to additional risks. Investors in the Gilead Fund should be aware that companies in the technology industries have different risks including but not limited to products becoming obsolete, and entrance of competing products.

Investors in the Eventide Multi-Asset Income Fund should be aware that interest rates are at historic lows and may change at any time based on government policy. In general, the price of a fixed income security falls when interest rates rise. A rise in interest rates may result in volatility and increased redemptions, which in turn could result in the fund being forced to liquidate portfolio securities at disadvantageous prices. Longer-term securities may be more sensitive to changes in interest rates. The intermediate-term bond portion of the Fund’s portfolio may represent 0% to 100% of the Fund’s portfolio with an average duration of between two and eight years.

The Eventide Multi-Asset Income Fund may invest in other funds. If other funds are utilized, such underlying funds are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. As a result, your cost of investing in the Fund will be higher than the cost of investing directly in underlying funds and may be higher than other mutual funds that do not invest in underlying funds. The Fund may invest, directly or indirectly, in “junk bonds.” Such securities are speculative investments that carry greater risks than higher quality debt securities. There are unique risks associated with REITs, MLPs, preferred stocks, convertible bonds, BDCs, and yieldcos that are covered in the Fund's prospectus and SAI. The Fund is a new mutual fund and has a limited history of operations for investors to evaluate.

An investor should consider a fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information can be found in the prospectus, which can be obtained at www.eventidefunds.com or by calling 1-877-771-EVEN (3836). Please read the prospectus carefully before investing. Eventide Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA, which is not affiliated with Eventide Asset Management, LLC.