Asset Rotation Fund

A Share: ROTAX, C Share: ROTCX, I Share: ROTIX

Objective: To achieve long-term capital appreciation with less overall risk than the equity market by implementing a disciplined, rules-based investment process tactically focusing on global asset class ETFs experiencing the greatest strength.

Primary Goals and Key Reasons to Invest:

Tactical and Flexible: The Fund seeks to allocate to the global asset class exchange traded funds (ETFs) experiencing the most strength each month. The goal is to generate superior risk-adjusted returns in any economic environment.
Downside Protection: If the proprietary screens used to rank the strength of each asset class demonstrate weakness in equities, the Fund may invest only in U.S. Treasury Bond ETFs, potentially limiting equity market drawdowns.
Disciplined Strategy: We use a proprietary, rules-based approach to select the global asset class ETFs demonstrating the most strength.
Minimum Investment: $2,500, Subsequent Investment: $50

Income Opportunities Fund

A Share: IOFAX, C Share: IOFCX, I Share: IOFIX

Objective: To achieve current income and total return by implementing an alpha-driven, “principles-based” investment process focusing on complex and hard to source asset-backed securities.

Primary Goals and Key Reasons to Invest:

Non-Agency RMBS Focus: The Fund focuses on non-agency residential mortgage-backed securities (RMBS), although the Fund can invest where management finds value. The management team’s clearly-defined, niche focus is the core of the RMBS strategy’s success.
Strong Track Record*: The Sub-Advisor has managed a substantially similar strategy that has consistently met its objective of current income while outperforming its benchmark.
Private Asset Backed Exposure: Unique sourcing to high coupon, well-capitalized proprietary deal flow may lead to additional alpha.
Alpha: A measure of the difference between a fund’s actual returns and its expected performance, given its level of risk as measured by beta.

* See Prospectus for historical performance. Past performance is no guarantee of future results.

Minimum Investment: $2,500, Subsequent Investment: $50

Bond Rotation Fund

A Share: BDRAX, C Share: BDRCX, I Share: BDRIX

Objective: To achieve long-term capital appreciation and total return through various economic and interest rate environments by implementing a disciplined, rules-based process tactically focusing on the global bond asset class ETFs experiencing the most strength.

Primary Goals and Key Reasons to Invest:

Tactical and Flexible: The Fund tactically invests in the global bond asset class exchange traded funds (ETFs) experiencing the most strength each month. The goal is to generate superior risk-adjusted returns in any economic and interest rate environment.
Seeks Downside Protection: If the proprietary screens used to rank the strength of each bond asset class demonstrate weakness, the Fund may invest only in U.S. Treasury Bond ETFs and/or cash, potentially limiting drawdowns.
Disciplined Strategy: We use a proprietary, rules-based approach to select the global bond asset class ETFs demonstrating the most strength.
Minimum Investment: $2,500, Subsequent Investment: $50

IMFC Managed Futures Strategy Fund

A Share: IMXAX, C Share: IMXCX, I Share: IMXIX

Objective: To achieve capital appreciation in both rising and falling equity markets, regardless of economic conditions.

Primary Goals and Key Reasons to Invest:

1. True multi-asset diversification across the globe in a single fund.
2. Proven track record of non-correlated, positive absolute returns.
3. Potential ability to provide positive performance during periods of stock market stress.

Minimum Investment: $2,500, Subsequent Investment: $50

Hedged Market Opportunity Fund

A Share: HMXAX, C Share: HMXCX, I Share: HMXIX

Objective: To achieve capital appreciation with lower overall volatility than the equity market.

Primary Goals and Key Reasons to Invest:

1. Capital Preservation and Appreciation: The Fund seeks to provide capital preservation and appreciation in all market conditions. Since inception, the Fund has weathered volatile financial markets without large drawdowns.
2. Low Correlation: The Fund seeks returns that are uncorrelated to equity markets through a strategy that profits from options time decay, changes in options volatility, options volatility arbitrage, and price and options volatility mean reversion.

Minimum Investment: $2,500, Subsequent Investment: $100