JERSEY CITY, NJ--(Marketwire - May 5, 2011) - Dreman Value Management L.L.C., a leading contrarian value asset management company, today announced the launch of the Dreman Contrarian Value Equity Fund.

The new fund will be managed by E. Clifton "Cliff" Hoover, Jr., who last September succeeded David Dreman as the firm's Chief Investment Officer, and Wesley D. Wright. With an investment objective of long-term capital appreciation, the performance target for the Dreman Contrarian Value Equity Fund is to exceed the Russell 3000® Value Index over a full market cycle.

While the Fund's composition and market capitalization range is subject to change from time to time, the portfolio managers expect to invest in 45 to 55 U.S. stocks of any capitalization. The Dreman team expects to form a portfolio that is well diversified across companies with the goal of achieving superior long-term performance results while managing volatility and risk.

The Dreman approach is based on 30-plus years of research conducted by David Dreman, the firm's founder, and his research team on contrarian value investing and behavioral finance. Mr. Dreman completed his first book, Psychology and the Stock Market, in 1977.

"We'll be employing the time-tested Dreman contrarian value philosophy, of course, but I believe the Fund will also benefit from what I think is a fairly unique way of managing information," said Mr. Hoover. "I think the objective of the Fund lends itself very well to the way we invest."

Mr. Hoover, who has more than 25 years of investment experience managing portfolios for both large- and small-sized companies, has developed a very good track record for long-term performance. He joined Dreman in 2006 from NFJ Investment Group, where he was Managing Director and a Portfolio Manager.

The Value Equity Fund, which will be offered in three Classes -- A, C, and Institutional -- may be a suitable investment for long-term investors seeking a fund with a long-term capital appreciation investment strategy, investors willing to accept price fluctuations in their investment, and investors who can tolerate the general risks associated with common stock investments.

Dreman Value Management offers a broad spectrum of value-oriented investment options to institutional clients, pension funds, foundations and endowments, and high-net-worth individuals, and participates in a number of separately managed account programs. Dreman also serves as a sub-advisor to a number of open-end mutual fund and variable annuity platforms.

About Dreman Value Management
Dreman Value Management is one of the pioneers of contrarian-value investing, an investment philosophy based on a disciplined approach of selecting stocks with a low price-to-earnings ratio. The firm seeks to be the world's best value manager offering a variety of equity investment options based on the firm's core competency of contrarian value investing. Dreman provides six value strategies, all of which invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields, and historic earnings growth. The investment team is responsible for approximately $5.7 billion in assets under management for its six publicly-offered mutual funds and a variety of institutional, sub-advisory, separately managed, and high-net-worth clients.

You should carefully consider the investment objectives, potential risks, management fees, and charges and expenses of the Fund before investing. The Fund's prospectus contains this and other information about the Fund, and should be read carefully before investing. You may obtain a current copy of the Fund's prospectus by calling 1-800-247-1014. Past performance is no guarantee of future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.

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

The Dreman Contrarian Value Equity Fund Distributed by Unified Financial Securities, Inc., 2960 North Meridian Street, Suite 300, Indianapolis, IN 46208. (Member FINRA)

The Russell 3000 Value Index is a widely recognized unmanaged index of equity prices and is representative of a broader market and range of securities than is found in the Fund's portfolio. The Index returns do not reflect the deduction of expenses, which have been deducted from the Fund's returns. The Index returns assume reinvestment of all distributions and do not reflect the deduction of taxes and fees. Individuals cannot invest directly in the Index, however, an individual can invest in exchange traded funds or other investment vehicles that attempt to track the performance of a benchmark index.

Micro-, Small-, and Mid-Cap investing involves greater risk not associated with investing in more established companies, such as greater price volatility, business risk, less liquidity and increased competitive threat.

Diversification does not ensure a profit or guarantee against loss.

Contact Information:

Morrison Shafroth
(720) 470-3653