0001199046 2011-03-30 2012-03-29 0001199046 ust11:S000002749Member 2011-03-30 2012-03-29 0001199046 ust11:S000002749Member ust11:C000007545Member 2011-03-30 2012-03-29 pure iso4217:USD UNIFIED SERIES TRUST 0001199046 2011-11-30 Other false 2012-10-15 2012-10-15 2012-03-29 Expense Example: 136 425 734 1613 Fees and Expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. Shareholder Fees (fees paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: ROOSEVELT MULTI-CAP FUND Supplement to the Prospectus dated March 29, 2012 Supplement dated October 15, 2012 New Investor Class Designation Effective October 15, 2012, existing shares of the Roosevelt Multi-Cap Fund (the Fund) have been designated Investor Class shares, and a new class of shares, the Institutional Class, is being offered through a separate prospectus. Reduction in Fees Effective October 15, 2012, the Funds adviser, The Roosevelt Investment Group, Inc., has contractually agreed to lower its fee from 1.00% to 0.90%. The adviser receives a universal fee for providing investment advice and paying operating expenses of the Fund. The Summary Section Fees and Expenses of the Fund subsection of the Funds prospectus is replaced with the following: Fees and Expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.   <table cellspacing="0" cellpadding="0" width="92%" border="0" style="border-collapse:collapse" align="center"> <tr> <td width="93%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td></tr> <tr> <td valign="top" colspan="4">Shareholder Fees (fees paid directly from your investment)</td> <td valign="top">  </td></tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td></tr> <tr bgcolor="#cceeff"> <td valign="top">Redemption Fee</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">NON</td> <td nowrap="nowrap" valign="bottom">E </td></tr> <tr> <td height="8" colspan="5"></td></tr> <tr> <td valign="top" colspan="4">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</td> <td valign="top">  </td></tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td></tr> <tr bgcolor="#cceeff"> <td valign="top">Management Fees1</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.90</td> <td nowrap="nowrap" valign="bottom">% </td></tr> <tr> <td valign="top">Distribution (12b-1) Fees</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.25</td> <td nowrap="nowrap" valign="bottom">% </td></tr> <tr bgcolor="#cceeff"> <td valign="top">Other Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.01</td> <td nowrap="nowrap" valign="bottom">% </td></tr> <tr> <td valign="top"> Acquired Fund Fees and Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.18</td> <td nowrap="nowrap" valign="bottom">% </td></tr> <tr style="font-size:1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr bgcolor="#cceeff"> <td valign="top">Total Annual Fund Operating Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1.34</td> <td nowrap="nowrap" valign="bottom">% </td></tr> </table>   <table style="border-collapse:collapse" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="4%" valign="top" align="left">1 </td> <td align="left" valign="top"> Restated to reflect the new, lower fee. Effective October 15, 2012, the Funds adviser has contractually agreed to reduce its fee from 1.00% to 0.90%. </td></tr></table> Expense Example: This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:   <table cellspacing="0" cellpadding="0" width="78%" border="0" style="border-collapse:collapse" align="center"> <tr> <td width="24%"></td> <td valign="bottom"></td> <td width="24%"></td> <td valign="bottom" width="1%"></td> <td width="25%"></td> <td valign="bottom" width="1%"></td> <td width="24%"></td></tr> <tr> <td valign="bottom" nowrap="nowrap" align="center"> 1 year</td> <td valign="bottom"> </td> <td valign="bottom" align="center"> 3 years</td> <td valign="bottom"> </td> <td valign="bottom" align="center"> 5 years</td> <td valign="bottom"> </td> <td valign="bottom" align="center"> 10 years</td></tr> <tr bgcolor="#cceeff"> <td valign="top" align="center">$136</td> <td valign="bottom"> </td> <td valign="bottom" align="center">$425</td> <td valign="bottom"> </td> <td valign="bottom" align="center">$734</td> <td valign="bottom"> </td> <td valign="bottom" align="center">$1,613</td></tr> </table> ROOSEVELT MULTI-CAP FUND Supplement to the Prospectus dated March 29, 2012 Supplement dated October 15, 2012 New Investor Class Designation Effective October 15, 2012, existing shares of the Roosevelt Multi-Cap Fund (the Fund) have been designated Investor Class shares, and a new class of shares, the Institutional Class, is being offered through a separate prospectus. Reduction in Fees Effective October 15, 2012, the Funds adviser, The Roosevelt Investment Group, Inc., has contractually agreed to lower its fee from 1.00% to 0.90%. The adviser receives a universal fee for providing investment advice and paying operating expenses of the Fund. The Summary Section Fees and Expenses of the Fund subsection of the Funds prospectus is replaced with the following: Fees and Expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.   <table cellspacing="0" cellpadding="0" width="92%" border="0" style="border-collapse:collapse" align="center"> <tr> <td width="93%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td></tr> <tr> <td valign="top" colspan="4">Shareholder Fees (fees paid directly from your investment)</td> <td valign="top">  </td></tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td></tr> <tr bgcolor="#cceeff"> <td valign="top">Redemption Fee</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">NON</td> <td nowrap="nowrap" valign="bottom">E </td></tr> <tr> <td height="8" colspan="5"></td></tr> <tr> <td valign="top" colspan="4">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</td> <td valign="top">  </td></tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td></tr> <tr bgcolor="#cceeff"> <td valign="top">Management Fees1</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.90</td> <td nowrap="nowrap" valign="bottom">% </td></tr> <tr> <td valign="top">Distribution (12b-1) Fees</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.25</td> <td nowrap="nowrap" valign="bottom">% </td></tr> <tr bgcolor="#cceeff"> <td valign="top">Other Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.01</td> <td nowrap="nowrap" valign="bottom">% </td></tr> <tr> <td valign="top"> Acquired Fund Fees and Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.18</td> <td nowrap="nowrap" valign="bottom">% </td></tr> <tr style="font-size:1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr bgcolor="#cceeff"> <td valign="top">Total Annual Fund Operating Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1.34</td> <td nowrap="nowrap" valign="bottom">% </td></tr> </table>   <table style="border-collapse:collapse" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="4%" valign="top" align="left">1 </td> <td align="left" valign="top"> Restated to reflect the new, lower fee. Effective October 15, 2012, the Funds adviser has contractually agreed to reduce its fee from 1.00% to 0.90%. </td></tr></table> Expense Example: This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:   <table cellspacing="0" cellpadding="0" width="78%" border="0" style="border-collapse:collapse" align="center"> <tr> <td width="24%"></td> <td valign="bottom"></td> <td width="24%"></td> <td valign="bottom" width="1%"></td> <td width="25%"></td> <td valign="bottom" width="1%"></td> <td width="24%"></td></tr> <tr> <td valign="bottom" nowrap="nowrap" align="center"> 1 year</td> <td valign="bottom"> </td> <td valign="bottom" align="center"> 3 years</td> <td valign="bottom"> </td> <td valign="bottom" align="center"> 5 years</td> <td valign="bottom"> </td> <td valign="bottom" align="center"> 10 years</td></tr> <tr bgcolor="#cceeff"> <td valign="top" align="center">$136</td> <td valign="bottom"> </td> <td valign="bottom" align="center">$425</td> <td valign="bottom"> </td> <td valign="bottom" align="center">$734</td> <td valign="bottom"> </td> <td valign="bottom" align="center">$1,613</td></tr> </table> 0.00 Restated to reflect the new, lower fee. Effective October 15, 2012, the Fund's adviser has contractually agreed to reduce its fee from 1.00% to 0.90%. 0.009 0.0025 0.0001 0.0018 0.0134 Restated to reflect the new, lower fee. Effective October 15, 2012, the Fund's adviser has contractually agreed to reduce its fee from 1.00% to 0.90%.