Investment Objective
To provide high total investment return, which will generally be achieved through a combination of appreciation in capital and income.

Investment Strategies
The Fund seeks to provide high total investment return over the long term through a fully managed investment policy utilizing U.S. and foreign equity, debt, currency, commodity and money market securities, the combination of which will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends. Total return will come from capital appreciation of assets held as well as dividend and interest income.

The Fund’s adviser, TEAM Financial Asset Management, LLC (the “Adviser”) uses a top down investment process integrating fundamental and technical analysis with the Adviser’s use of basic aspects of complex systems analysis. This process is used to identify what the Adviser believes to be attractive investment and trading opportunities in global stock, bond, currency, and commodity markets. The strategy is designed to capitalize on what the Adviser believes is prudent given its analysis regarding the primary short, intermediate, and long term trends prevalent in the global economy and financial markets. This requires a relatively flexible approach which results in a portfolio that changes over time as the Adviser’s assessment of the prevailing economic and financial market environment evolves.

The Fund invests in a portfolio of equity, debt, currency, commodity, and money market securities. Generally, the Fund’s portfolio will include exposure to these global markets, either directly or through investments in underlying funds that invest in these markets. At any given time, however, the Fund may emphasize one or more segments.

The Fund targets generating absolute investment returns. Using hedging strategies and carrying unusually large allocations to cash and equivalents may be prominent during periods when the Adviser believes being more defensive is prudent. The Fund is non-diversified, which means that it may invest a greater percentage of its assets in a particular issuer compared with diversified funds. In selecting equity investments, the Fund mainly seeks securities that the Adviser believes are undervalued. The Fund may buy debt securities of varying maturities. The Fund may invest in high yield debt securities, or “junk bonds”.

Please note: The Fund invests in high yield securities and unrated securities of similar credit quality (commonly
known as junk bonds ), as well as derivatives of such securities, and therefore is likely to be subject to
greater levels of interest rate, credit and liquidity risk than funds that do not invest in such securities.
These securities are considered predominately speculative with respect to the issuers continuing ability to make principal and interest payments. An economic downturn or period of rising interest rates could adversely affect the market for these securities and reduce the Funds ability to sell these securities (liquidity risk). If the issuer of a security is in default with respect to interest or principal payments, the Fund may lose its entire investment.