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Welcome to the Bruce Fund (Ticker: BRUFX)

Bruce Fund's Current Price as of August 15, 2011: 384.26

Return and share price will fluctuate and redemption value may be more or less than original cost. Please read the prospectus for more complete information including management fee and expenses.

ATTENTION CURRENT SHAREHOLDERS:

You can now access your account balances, transaction history, and get your statements and other documents electronically. Click on the "view my account" button on the home page to sign up for access.

Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.

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 1-800-872-7823.

The Fund is distributed by Unified Financial Securities, Inc., 2960 North Meridian Street, Indianapolis, IN 46208 (Member FINRA).