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1-877-SMI-FUND
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Download Prospectus & Account Forms

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Whichever type of account you wish to open, you can follow this three-step process: test

  1. Download and read the Sound Mind Investing Funds Prospectus.
  2. Download and print the appropriate account registration form for the type of account you wish to open. For retirement and Education Savings accounts, there are also additional documents to download and read as described below.
  3. Complete the registration form, and mail it along with a check for your initial investment to:

    Sound Mind Investing Funds
    c/o Huntington Asset Services, Inc.
    P.O. Box 6110
    Indianapolis, Indiana 46206-6110

 

If you wish to overnight your account registration and check, send them to:

Sound Mind Investing Funds
c/o Huntington Asset Services, Inc.
2960 North Meridian Street
Suite 300
Indianapolis, Indiana 46208-4715

IMPORTANT: Each of the various account types offered by the Sound Mind Investing Funds involve different potential tax consequences. Please consult with an attorney or tax advisor if you have questions regarding the tax implications of any investment program.

Trouble downloading? Send an email request for printed copies of the documents.


Step 1: Download and read the Sound Mind Investing Funds Prospectus.

The Sound Mind Investing Funds' Prospectus contains important information about the Sound Mind Investing Funds, including investment objectives, risks, charges and expenses. Please read the prospectus carefully before you invest.

   Sound Mind Investing Funds Combined Prospectus

  Sound Mind Investing Funds Combined Statement of Additional Information (SAI) 


   XBRL Filing 2/28/13



Step 2: Download and print out the appropriate account registration form for the type of account you wish to open.

The Sound Mind Investing Funds are available in a number of account types. If you do not see the type of account you wish to open in the list below, please call 1-877-SMI-FUND to inquire about the type of account in which you are interested.

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Standard Account

Individuals, businesses, trusts, and non-profit institutions may open standard investment accounts. A standard Sound Mind Investing Funds investment account requires an initial minimum investment of $2,500. However, there is NO minimum investment if you sign up for an Automatic Investment Plan and arrange for a minimum of $100 to be transferred on a monthly basis to your Sound Mind Investing Funds account.

Instructions for opening a Standard Account:

*  Complete the Standard Account Application.

Relevant Documents Forms
 Prospectus  Standard Account Application
   Trust Certification Form

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Traditional IRA

Please read the IRA Disclosure Statement (attached to the application) before opening an IRA. For tax year 2013, you may contribute up to $5,500 into a Sound Mind Investing Funds Traditional IRA ($6,500 if you are over 50 years of age). Individuals not covered by a retirement plan at work, and people covered by a retirement plan who meet certain IRS income guidelines may be able to deduct their contributions from their taxable income each year. When you retire, distributions from your IRA are generally taxed as ordinary income. More information is included in the IRA Disclosure Statement. Please call 1-877-SMI-FUND or consult a tax professional if you have any questions regarding IRA accounts.

Instructions for opening a Traditional IRA Account:

*  If you are not transferring an existing IRA, then simply complete the Traditional IRA Account Application.

*  If you are transferring an existing IRA, then complete the following 2 forms:

   1.  Traditional IRA Account Application,

   2.  IRA Transfer Request Form.

(Please note that a recent copy of a statement from the existing IRA needs to be included with the 2 completed forms.) 

Relevant Documents Forms
 Prospectus  Traditional IRA Account Application
 Financial Disclosure  IRA Distribution Request Form
   IRA Change of Beneficiary Form
   IRA Transfer Request Form

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Roth IRA

Please read the IRA Disclosure Statement (attached to the application) before opening an IRA. For tax year 2013, you may contribute up to $5,500 into a Sound Mind Investing Funds' Roth IRA ($6,500 if you are over 50 years of age). Roth IRAs differ from traditional IRAs. With a Roth IRA you cannot deduct your current-year contributions from your taxable income; however, upon retirement, distributions from your Roth IRA are generally not taxed. More information is included in the IRA Disclosure Statement. Please call 1-877-SMI-FUND or consult a tax professional if you have any questions regarding IRA accounts.

Instructions for opening a ROTH IRA Account:

*  If you are not transferring an existing ROTH IRA, then simply complete the ROTH IRA Account Application, following its instructions.

*  If you are transferring an existing ROTH IRA, then complete the following 2 forms:

   1.  ROTH IRA Account Application,

   2.  IRA Transfer Request Form.

(Please note that a recent copy of a statement from the existing IRA needs to be included with the 2 completed forms.) 

Relevant Documents Forms
 Prospectus  Roth IRA Account Application
 Financial Disclosure  Roth IRA Distribution Request Form
Custodial Account  Roth IRA Change of Beneficiary Form
   Roth IRA Transfer Request Form

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SEP-IRA Account

A Simplified Employee Pension (SEP) plan allows self-employed people and small business owners to establish SEP-IRAs for the business owner and any eligible employees. SEP-IRAs have specific eligibility rules and contribution limits (as described on IRS Form 5305-SEP); otherwise SEP-IRAs follow the same rules as Traditional IRAs. Please call 1-877-SMI-FUND or consult a tax professional if you have any questions regarding SEP-IRA accounts.

Instructions for opening a SEP-IRA Account:

*  If you are establishing a new SEP-IRA plan, please complete the following 2 forms:

    1.  SEP-IRA Account Application,

    2.  IRS Form 5305-SEP.

*  If your employer already has a SEP-IRA plan established and you want to open a SMI Funds SEP-IRA account to receive your contributions, please do

    the following:

    1.  Read the IRA Disclosure Statement (attached to the application)

    2.  Complete the SEP-IRA Account Application (Form 5305 is not required).

Relevant Documents Forms
 Prospectus  SEP-IRA Account Application
 Financial Disclosure   IRS Form 5305-SEP
Custodial Account   SEP-IRA Distributions
    SEP-IRA Change of Beneficiary Form
    SEP-IRA Transfer Request Form

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Health Savings Account

A Health Savings Account is a savings/investment account that is paired with a high deductible health insurance policy to meet medical expenses. Money can be taken out of a health savings account tax-free providing it is used to pay for qualified medical expenses. Please read the Health Savings Account Disclosure Statement (attached to the HSA Application) for more details. Please call 1-877-SMI-FUND or consult a tax professional if you have any questions regarding Health Savings Accounts.

Instructions for opening an Health Savings Account (HSA):

*  If you are not transferring an existing HSA, then simply complete the HSA Application.

*  If you are transferring an existing HSA, then complete the following 2 forms:

   1.  HSA Application.

   2.  HSA Direct Rollover-Transfer Request Form.

(Please note that a recent copy of a statement from the existing HSA needs to be included with the 2 completed forms.)  

Relevant Documents Forms
 Prospectus  HSA Application
Custodial Account  HSA Change of Beneficiary Form
   HSA Distribution Request Form
   HSA Direct Rollover-Transfer Request Form

 

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SIMPLE-IRA Account

A SIMPLE-IRA is a tax-deferred retirement plan provided by some small businesses, in which both the employee and the employer make contributions. Please read the SIMPLE-IRA Disclosure Statement (attached to the application) for more details. Please call 1-877-SMI-FUND or consult a tax professional if you have any questions regarding SIMPLE-IRA accounts.

Instructions for opening a SIMPLE-IRA Account:

*  If you are not transferring an existing SIMPLE-IRA, then simply complete the SIMPLE-IRA Account Application.

*  If you are transferring an existing SIMPLE-IRA, then complete the following 2 forms:

   1.  SIMPLE-IRA Account Application.

   2.  IRA Transfer Request Form.

(Please note that a recent copy of a statement from the existing IRA needs to be included with the 2 completed forms.) 

Relevant Documents Forms
 Prospectus  SIMPLE-IRA Account Application
 Financial Disclosure  SIMPLE-IRA Transfer Request Form
Custodial Account  SIMPLE-IRA Change of Beneficiary Form

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401(k), 403(b) or 457(b) Rollover

If you have a 401(k), 403(b) or 457(b)account with a past employer that you would like to rollover into a Sound Mind Investing Funds IRA, please review the Sound Mind Investing Funds IRA Disclosure Statement, complete the appropriate IRA Account Application form AND complete the IRA Rollover form. If you have questions regarding 401(k) rollovers, please call 1-877-SMI-FUND or consult a tax professional.

(Please note that a recent copy of a statement from the existing IRA needs to be included with the 2 completed forms.) 

Relevant Documents Forms
 Prospectus  Traditional IRA Account Application
IRA Disclosure Statement  Roth IRA Account Application
   IRA Rollover Form (401k, etc. to IRA)

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UGMA / UTMA Account

Uniform Gift to Minor (UGMA) and Uniform Transfer to Minor (UTMA) accounts provide you with tax advantages as you put aside savings for your children or other minors. To open an UGMA or UTMA account, simply use the regular Sound Mind Investing Funds Account Application and fill in the appropriate information under the "Gifts To Minors" section. Call 1-877-SMI-FUND or consult a tax professional if you have questions regarding UGMA / UTMA accounts.

Relevant Documents Forms
 Prospectus  UGMA/UTMA Account Application

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Coverdell Education Savings Account

Education Savings Accounts are designed to be a tax advantaged vehicle to save for a child's educational expenses. Please read the Education Savings Account Disclosure Statement (attached to the application) for additional information and before opening an Education Savings Account. Call 1-877-SMI-FUND or consult a tax professional if you have additional questions.

Instructions for opening a Coverdell Education Savings Account (ESA):

*  If you are not transferring an existing ESA, then simply complete the ESA Application.

*  If you are transferring an existing ESA, then complete the following 2 forms:

   1.  ESA Application.

   2.  ESA Transfer Request Form.

(Please note that a recent copy of a statement from the existing ESA needs to be included with the 2 completed forms.) 

Relevant Documents Forms
 Prospectus  ESA Application
 Financial Disclosure  ESA Transfer Request Form
Custodial Account  ESA Change of Beneficiary Form
   ESA Distribution Request Form

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403(b) Account

Due to changes in government regulations, the Sound Mind Investing Funds are no longer able to open new 403(b) accounts. All accounts opened prior to the changes will continue to be serviced as before. If you have a 403(b) account from a former employer, you may "roll it over" into a new IRA account with the Sound Mind Investing Funds. If you wish to do that, please see the prior section entitled "401(k), 403(b) or 457(b) Rollover" for instructions.

Relevant Documents Forms
 Prospectus  403(b)(7) Change of Beneficiary
   403(b)(7) Distribution Request Form

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Automatic Investment / Withdrawal Plans

These forms are used to establish an automatic investment or withdrawal plan, allowing you to move money between your bank account and mutual fund account on a regular and automated basis. Note that these forms require a signature guarantee, which is easily obtainable at most commercial (FDIC) banks.

Relevant Documents Forms
 Prospectus  Automatic Investment Plan Form
   Automatic Withdrawal Plan Form

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Other Forms

Relevant Documents Forms
 Patriot Act Supplement  Deposit Slip
   Gift Transfer Form
   Transfer on Death Form (Beneficiary Designation) 
   Cost Basis Election Form

If this list does not contain the form or account type in which you are interested, please call 1-877-SMI-FUND and let us know what you are looking for.

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Step 3. Complete the appropriate items and send them to:

Sound Mind Investing Funds
c/o Huntington Asset Services, Inc.
P.O. Box 6110
Indianapolis, Indiana 46206-6110

If you wish to overnight your account registration and check, send them to:

Sound Mind Investing Funds
c/o Huntington Asset Services, Inc.
2960 North Meridian Street
Suite 300
Indianapolis, Indiana 46208-4715



Acrobat Reader To learn how to download and access these documents,
see the Adobe Acrobat Reader Installation Instructions.


You should carefully consider the investment objectives, potential risks, management fees, and charges and expenses of the Funds before investing. The prospectus contains this and other information about the Funds, and should be read carefully before investing. You may obtain a current copy of the Funds' prospectus by calling 877-SMI-FUND or by downloading one here.

Past performance does not guarantee future results. The investment return and principal value of an investment in the Funds will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 877-SMI-FUND.

Due to the strategy pursued by the advisor, the Funds may experience a high portfolio turnover rate. Because the Funds will bear their share of the fees and expenses of the underlying funds, you will pay higher total expenses than would be the case if you invested directly in these funds.

Asset allocation does not ensure a profit or guarantee against loss.

There is no guarantee that any investment strategy will succeed; the strategy is not an indicator of future performance; and investment results may vary.

Investments in commodities may be affected by overall market movements, changes in interest rates, and other factors such as weather, disease, embargoes and international economic and political developments. Commodities are assets that have tangible properties, such as oil, metals, and agricultural products. These instruments may subject the Fund to greater volatility than investments in traditional securities.

Investments in international markets present special risks including currency fluctuation, the potential for diplomatic and political instability, regulatory and liquidity risks, foreign taxation and differences in auditing and other financial standards. Risks of foreign investing are generally intensified for investments in emerging markets.

Investments in real-estate related securities involve special risks associated with real estate, such as limited liquidity and interest rate risks and may be more volatile than other securities.

An investment in an exchange-traded fund (ETF) generally presents the same primary risks as an investment in a conventional fund (i.e., one that is not exchange traded) that has the same investment objectives, strategies, and policies. The price of an ETF can fluctuate up or down, and the Fund could lose money investing in an ETF if the prices of the securities owned by the ETF go down. In addition, ETFs may be subject to the following risks that do not apply to conventional funds: (i) the market price of an ETF’s shares may trade above or below their net asset value; (ii) an active trading market for an ETF’s shares may not develop or be maintained; or (iii) trading of an ETF’s shares may be halted if the listing exchange’s officials deem such action appropriate, the shares are delisted from the exchange, or the activation of market-wide “circuit breakers” (which are tied to large decreases in stock prices) halts stock trading generally.

Derivatives are investments the value of which is “derived” from the value of an underlying asset (including an underlying security), reference rate or index. The value of derivatives may rise or fall more rapidly than other investments. For some derivatives, it is possible to lose more than the amount invested in the derivative. Derivatives may be used to create synthetic exposure to an underlying asset or to hedge a portfolio risk. If the Fund uses derivatives to “hedge” the overall risk of its portfolio, it is possible that the hedge may not succeed. This may happen for various reasons, including unexpected changes in the value of the rest of the Fund’s portfolio.

Funds whose investments are concentrated in a specific industry or sector may be subject to a higher degree of market risk than funds whose investments are diversified. In addition, the Fund may be subject to specific risks of the technology sector, such as obsolescence.

The Sound Mind Investing Funds are distributed by Unified Financial Securities, 2960 N. Meridian St., Suite 300, Indianapolis, Indiana 46208-4715 (Member FINRA).