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Cargile Investment Management, Inc. is the investment adviser of the Fund and has responsibility for the management of the Fund's affairs, under the supervision of the Trust's Board of Trustees.  The Adviser is a registered investment adviser controlled by Mickey Cargile.  The Fund's investment portfolio is managed on a day to day basis by Mickey Cargile.  The Adviser provides investment management services to individuals, families, trusts, estates, pension and profit sharing plans, and other entities.


Mr. Cargile is the president of the Adviser. Mr. Cargile has managed the Fund since its inception. Mr. Cargile founded the Adviser in 1984 as a Texas corporation and its address is 415 West Wall Street, Suite 2200, Midland, Texas 79701.


Mr. Cargile has 37 years of experience providing investment advice and is a nationally recognized authority in economics, finance and investments.  Mr. Cargile has a degree in finance from the University of Texas at Austin. Previously, he served as a senior vice president with Texas National Bank; Managing Partner for Cargile Investments at Western National Bank; and was a registered representative with Shearson American Express and Paine Webber.  Mr. Cargile is an Investment Adviser Representative with Cargile Investment Management, Inc., a Registered Representative of Ceros Financial Services, Inc., and an independent licensed insurance agent.

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