SEATTLE, WA -- (Marketwire) -- 12/10/12 -- Strategic Income Management ("SiM") today announced that the firm's assets under management now exceed $425 million (as of December 7, 2012). SiM manages three mutual funds and separate accounts for clients. SiM's mutual fund offerings include a fund sub-advised for American Beacon Advisors, Inc., and two asset allocation funds: the SiM Dynamic Allocation Diversified Income Fund (SDDAX) and the SiM Dynamic Allocation Equity Income Fund (SDEAX) (the "SiM Dynamic Allocation Funds"). All of SiM's funds are now available to investors through select national and regional investment advisory and broker-dealer firms, including the recent addition of the SiM Dynamic Allocation Funds to the LPL platform.

SiM's CEO, Randy Yoakum, commented:

"We are very pleased with the confidence investors have shown in our products. Growing from $100 million AUM to over $425 million in less than a year is both humbling and gratifying, as we continue to work hard for our investors in our High Yield and Asset Allocation products.

"We are also pleased that all of our mutual funds are now available on the LPL platform, and look forward to working with LPL advisers in providing high quality investment products to their clients."

The SiM Dynamic Allocation Funds are funds of funds that invest primarily in ETFs. The SiM Dynamic Allocation Funds, and combinations thereof, provide investors and their financial advisers with an array of asset allocation models which can be used to build core holdings for a broad spectrum of investors. In addition, the SiM Dynamic Allocation Funds can be utilized by investors as income-biased core equity (SDEAX) and fixed income (SDDAX) holdings.

SiM was founded in 2010 by Randy Yoakum and Gary Pokrzywinski. Mr. Yoakum is the former Managing Director, Senior Portfolio Manager - Asset Allocation at Principal Financial/Edge Asset Management (formerly WM Advisors), and Mr. Pokrzywinski is the former Managing Director Fixed Income - Senior Portfolio Manager and Chief Investment Officer for Principal Financial/Edge. Randy and Gary are joined at SiM by senior members of their research teams from Principal/Edge. Each of the Funds will utilize the disciplined, time tested, proprietary investment strategies and processes developed by Randy and Gary over their 25+ year careers in investment management, including their time together at Principal/Edge, and its predecessor WM Advisors. For more information on SiM visit www.sim-llc.com.

The Funds' method of security selection may or may not be successful and the Funds may underperform or outperform the stock market as a whole. All mutual funds are subject to market risk, including possible loss of principal.

Because the SiM Dynamic Allocation Funds are "fund of funds," an investor will indirectly bear the principal risks of the underlying funds, including but not limited to, risks associated with smaller companies, foreign securities, emerging markets, high yield bonds, fixed income investments and commodities. Each of the Funds will bear its share of the fees and expenses of the underlying funds. Shareholders will pay higher expenses than would be the case if making direct investments in the underlying funds. Because the funds invest in ETFs and ETNs, they are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF's or ETN's shares may trade at a discount to its net asset value ("NAV"), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund's ability to sell its shares. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities.

The SiM Dynamic Allocation Funds' investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, and may be obtained by calling 1-855-746-3863 or visiting www.sim-funds.com. Read carefully before investing.

The SiM Dynamic Allocation Funds are distributed by Quasar Distributors, LLC.