September 05, 2008


Centurion to restructure as a investment trust under its new name Centurion Health Corporation Trust

General Investment:

The Trust’s investment objective is to seek long-term capital appreciation by Guidelines investing primarily in securities of Healthcare Companies. Under normal market conditions, the Trust expects to invest at least 80% of its net assets in securities of Healthcare Companies. This policy may not be changed without 60 days’ prior notice to Shareholders. The Trust will not have less than 25% of its net assets invested in Healthcare Companies. A company will be deemed to be a Healthcare Company if, at the time the Trust makes an investment in the company, 50% or more of such company’s sales, earnings or assets arise from or are dedicated to healthcare products or services or medical technology activities. The Trust may also invest in companies that do not satisfy the above criteria but that are expected by the Investment Adviser to have 25% or more of sales, earnings or assets arising from or dedicated to such activities. Investments in those types of companies will not exceed 20% of the Trust’s net assets at the time of investment. The Investment Adviser determines, in its discretion, whether a company is a Healthcare Company. The Trust may also invest up to 20% of its net assets in the securities of foreign issuers, expected to be located primarily in Western Europe, Canada and Japan, and securities of United States (‘‘U.S.’’) issuers traded in foreign markets (‘‘Foreign Securities’’

Centurion will issue a Prospectus the Prospectus will set forth concisely the information about the Trust that you should know before investing,including information about risks. You should read the Prospectus and retain it for future reference this will be for all existing and new shareholders.