AlphaSector Rotation Index Beats S&P 500 by 11.8% Per Year for Past 5 Years While Only Incurring 40% of Its Downside Volatility1,2,3

WELLESLEY, Mass.--(Business Wire)--
F-Squared Investments` AlphaSectorTM Rotation Index (ticker ASRX) once again
proved that investment strategies do not need to be complicated or difficult to
understand in order to succeed. It also has shown that avoiding losses is a very
powerful means of generating long-term wealth. F-Squared`s soon to be released
white paper "Breaking with the Past -The Best Offense is a Great Defense"
details the benefits of investment strategies that embrace avoiding losses.

ASRX is constructed exclusively from exchange traded funds (ETFs), and does not
short stocks, nor use leverage or derivatives4, and yet it was able to extend
its performance dominance versus both the S&P 500 and US large cap equity mutual
funds for the periods ending March 31, 2009:1,2

* Outperformed the S&P 500 by more than 34% for past 12 months (-3.5% versus
-38.1% for the S&P 500);
* Beat the S&P500 by an average of 11.8% per year for trailing 5 years;
* Outperformed ALL US large cap equity funds for trailing 3 years and 5 years.

AlphaSector Rotation Index was designed to meet the real needs of investors.
2008 proved that strategies that beat the S&P 500, but still incur significant
losses, are often considered a failure by most investors. The market appeal of
ASRX is thus understandable considering that it has, to date, successfully
delivered on its mandate of participating in up markets while providing strong
downside risk controls1.

"In today`s ever complicated, fast paced markets it is essential to have a
dynamic approach to investing," said David Haviland, Partner at Beaumont
Financial Partners, LLC in Wellesley, MA. "We believe in keeping a simple
approach to investing that seeks to minimize risk and maximize performance.
F-Squared`s AlphaSector Rotation strategy does this for us."

The AlphaSector Rotation Index is an "active index" that is constructed
exclusively from ETFs that track the sectors of the S&P 500 (i.e. blue chip
stocks) plus an ETF tracking short-term Treasuries. ASRX is published daily by
NASDAQ. The strategy is designed to make longer-term allocations among the
S&P500 sectors, but in periods of market weakness it tactically builds positions
in Treasuries. ASRX will completely eliminate sectors which are forecasted to
underperform cash. For example, it first eliminated all exposure to Financials
in July, 2007.

"We chose to employ F-Squared`s AlphaSector strategy so that our clients might
be able to capture most of the upside of the equity markets while minimizing the
possibility that their financial plans could be derailed by steep drawdowns in
their investment portfolios," stated Matthew M. Bell, Vice President of Cross
Financial Services Corporation (San Antonio, TX).

Low cost separately managed accounts (SMAs) that track ASRX are available from
F-Squared Investments. ASRX can also be made available as model portfolios for
use within mutual fund wrap programs. F-Squared also makes available a Premium
version and a Global version of the AlphaSector strategy. Because these
strategies are invested entirely in ETFs, implementation is easy and cost
effective.

"The world is changing," said Howard Present, CEO of F-Squared Investments. "And
based on the strong response the strategy has been receiving from some very
sophisticated advisors and wealth firms, we know we have been able to fill a
client need that more traditional investment companies have failed to serve."

For more information or an advance copy of the white paper "Breaking with the
Past - The Best Offense is a Great Defense", please contact:

* Investment Advisors - Rooker Price at 617-620-3715;
* Trust Companies and Institutional Investors - Rick Tomney at 781-235-9055
x213.

Press inquiries please contact Howard Present at 781-235-9055 x210.

About F-Squared Investments: F-Squared Investments is an SEC-registered
investment advisor. The firm creates investment solutions with the goal of
generating repeatable, consistent investment value-add, delivered with the
lowest possible costs. For more information, visit us at
www.f-squaredinvestments.com.

1Morningstar Direct, NASDAQ OMX, periods ending 3/31/2009.

2Downside Capture Ratio as downside risk measure.

3S&P 500 is a registered mark of Standard and Poors, Inc.

4Although ASRX does not short securities nor utilize leverage or derivatives,
the ETFs that ASRX tracks may make use of such financial instruments or
strategies.

Copyright © F-Squared Investments, Inc. All rights reserved. "AlphaSector" is a
service mark of F-Squared Investments, Inc. The information contained herein has
been obtained from sources that we believe to be reliable, but its accuracy and
completeness are not guaranteed. One cannot invest directly in an index. Returns
represent past performance, and are not guarantees of future results or
indicative of any specific investment. Some of the returns presented reflect
hypothetical performance an investor would have obtained had it invested in the
manner shown and may not represent returns that an investor actually attained.
Hypothetical backtested performance has many inherent limitations. The
hypothetical performance is adjusted to reflect the reinvestment of dividends.
AlphaSector Rotation Index (the "Index") is the exclusive property of Active
Index Solutions, LLC. Active Index Solutions, LLC has contracted with The NASDAQ
OMX Group, Inc. (collectively, with its subsidiaries and affiliates, "NASDAQ
OMX") to calculate and maintain the AlphaSector Rotation Index. NASDAQ OMX shall
have no liability for any errors or omissions in calculating the Index.

F-Squared Investments, Inc.
Howard Present, 781-235-9055 x210

Copyright Business Wire 2009