Equity securities (stocks) are more volatile and carry more risk than other forms of investments, including investments in high-grade fixed income securities. The net asset value per share of this Fund will fluctuate as the value of the securities in the portfolio changes. The fund may invest in small cap or emerging companies which can be more volatile than large cap companies. This fund is a new investment that has a limited investment history, and there is no guarantee that it will achieve its objectives.

An investor should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing or sending money. The prospectus contains this and other information about the Fund. To obtain a prospectus, click here. You can also obtain a prospectus by emailing to info@thrasherfunds.com or calling (866) 343-9178. The prospectus should be read carefully before investing.