Hennion & Walsh Asset Management, Inc. ("H&W"), a New Jersey corporation formed in 2003, serves as the Investment Adviser to the SmartGrowth® Mutual Funds. The Adviser is an affiliate of full-service broker/dealer Hennion & Walsh, Inc. Founded by Richard Hennion and William Walsh, Hennion & Walsh, Inc. has been serving clients as a full-service securities firm, specializing in municipal bonds since 1990. The firm has built its reputation on developing strong, mutually beneficial relationships designed to last a lifetime. The firm currently offers various unit investment trust ("UITs") under the SmartTrust® brand, as well as managed money portfolios to both individuals and company retirement plans. As of December 31, 2008, the adviser had $152 million in assets under management and its principal place of business is located at 2001 Route 46 Waterview Plaza, Parsippany, NJ 07054.

For more information on Hennion & Walsh Asset Management, please visit us at www.hennionandwalsh.com. For more information on the SmartGrowth® Mutual Funds, please visit www.smartgrowthfunds.com.