THE PENNSYLVANIA AVENUE FUNDS

PAEDX $14.07 4:00pm EST on 03 July 2007 Overview Investment Strategy   How To Invest Net Asset Values Policies Voting Record Press Room What's New? About Us

How To Contact Us On the internet: You have reached us at www.PennAveFunds.com Call us: Toll-free: 1 (888) - 642 6393 Via e-mail: [email protected] Through regular mail: The Pennsylvania Avenue Funds P.O. Box 9543 Washington, DC 20016-9543 U.S.A. On your wireless device: Point your WAP 1.2 compliant wireless device to http://wap.PennAveFunds.com/ The Pennsylvania Avenue Event-Driven Fund is offered only by prospectus. The prospectus contains more complete information about the Fund, including fees, expenses and risk factors. You should read it carefully before investing or sending money. The Fund is not available to residents of certain jurisdictions or countries. Click here to get a prospectus ©2003-2006 The Pennsylvania Avenue Funds. All rights reserved. Wednesday 04th 2007f July 2007 06:43:55 AM

Current Prospectus Click here to read the current prospectus 2006 Annual Report Click here to read the most recent annual report 2006 Semi-Annual Report Click here to read the most recent semi-annual report 2005 Annual Report Click here to read the most recent annual report 2005 Semi-Annual Report Click here to read the 2005 semi-annual report 2004 Annual Report Click here to read the 2004 annual report 2004 Semi-Annual Report Click here to read the most recent semi-annual report 2003 Annual Report Click here to read the 2003 annual report     Watchguard (WGRD) lawsuit Anti-trust, Insider Trading and Breach of Fiduciary Duty Claims