fp0005593_485bpos.htm

0001398344-12-003220.txt : 20121011 0001398344-12-003220.hdr.sgml : 20121011 20121011121231 ACCESSION NUMBER: 0001398344-12-003220 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 6 FILED AS OF DATE: 20121011 DATE AS OF CHANGE: 20121011 EFFECTIVENESS DATE: 20121011 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Investment Managers Series Trust CENTRAL INDEX KEY: 0001318342 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-122901 FILM NUMBER: 121139506 BUSINESS ADDRESS: STREET 1: 803 W. MICHIGAN ST. CITY: MILWAUKEE STATE: WI ZIP: 53233 BUSINESS PHONE: 626-914-4141 MAIL ADDRESS: STREET 1: 803 W. MICHIGAN ST. CITY: MILWAUKEE STATE: WI ZIP: 53233 FORMER COMPANY: FORMER CONFORMED NAME: Claymore Trust DATE OF NAME CHANGE: 20050603 FORMER COMPANY: FORMER CONFORMED NAME: Claymore Equity Trust DATE OF NAME CHANGE: 20050218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Investment Managers Series Trust CENTRAL INDEX KEY: 0001318342 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-21719 FILM NUMBER: 121139507 BUSINESS ADDRESS: STREET 1: 803 W. MICHIGAN ST. CITY: MILWAUKEE STATE: WI ZIP: 53233 BUSINESS PHONE: 626-914-4141 MAIL ADDRESS: STREET 1: 803 W. MICHIGAN ST. CITY: MILWAUKEE STATE: WI ZIP: 53233 FORMER COMPANY: FORMER CONFORMED NAME: Claymore Trust DATE OF NAME CHANGE: 20050603 FORMER COMPANY: FORMER CONFORMED NAME: Claymore Equity Trust DATE OF NAME CHANGE: 20050218

0001318342 S000029382 Jubak Global Equity Fund

C000090254 Jubak Global Equity Fund JUBAX

485BPOS 1 fp0005593_485bpos.htm fp0005593_485bpos.htm

AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON October 11, 2012

REGISTRATION NOS. 333 -122901

811 -21719

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933	[ ]
PRE-EFFECTIVE AMENDMENT NO.	[ ]
POST-EFFECTIVE AMENDMENT NO. 289	[X]
AND/OR

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940	[ ]
AMENDMENT NO. 298	[X]

INVESTMENT MANAGERS SERIES TRUST

(Exact Name of Registrant as Specified in Charter)

803 West Michigan Street

Milwaukee, WI 53233

(Address of Principal Executive Offices, including Zip Code)

Registrant's Telephone Number, Including Area Code: (414) 299-2295

Constance Dye Shannon

UMB Fund Services, Inc.

803 West Michigan Street

Milwaukee, WI 53233

(Name and Address of Agent for Service)

COPIES TO:

Michael Glazer

Bingham McCutchen LLP

355 South Grand Avenue, Suite 4400

Los Angeles, CA 90071-3106

It is proposed that this filing will become effective (check appropriate box):

[X]

immediately upon filing pursuant to paragraph (b) of Rule 485; or

[ ]

on __________, pursuant to paragraph (b) of Rule 485; or

[ ]

60 days after filing pursuant to paragraph (a)(1) of Rule 485;

[ ]

on __________ pursuant to paragraph (a)(1) of Rule 485; or

[ ]

75 days after filing pursuant to paragraph (a)(2) of Rule 485; or

[ ]

on __________ pursuant to paragraph (a)(2) of Rule 485; or

[ ]

on __________ pursuant to paragraph (a)(3) of Rule 485.

If appropriate, check the following box:

[ ]	This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this registration statement under rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Milwaukee and State of Wisconsin, on the 11th day of October, 2012.

	INVESTMENT MANAGERS SERIES TRUST

	By:	/s/ John P. Zader
		John P. Zader, President

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed on the 11th day of October, 2012, by the following persons in the capacities set forth below.

Signature		Title
†
Ashley Toomey Rabun		Trustee
†
William H. Young		Trustee
†
Charles H. Miller		Trustee
/s/ John P. Zader
John P. Zader		Trustee and President


†
Eric M. Banhazl /s/ Rita Dam		Trustee and Vice President
Rita Dam		Treasurer and Principal Financial and Accounting Officer

† By

/s/Rita Dam

Attorney-in-fact, pursuant to power of attorney previously filed

with Post-Effective Amendment No. 31 on February 1, 2008.

EXHIBIT INDEX

Exhibit	Exhibit No.
XBRL Instance Document	EX-101.INS
XBRL Taxonomy Extension Schema Document	EX-101.SCH
XBRL Taxonomy Extension Definition Linkbase	EX-101.DEF
XBRL Taxonomy Extension Labels Linkbase	EX-101.LAB
XBRL Taxonomy Extension Presentation Linkbase	EX-101.PRE

EX-101.INS 3 imstjubak-20120930.xml XBRL INSTANCE DOCUMENT 0001318342 2012-09-30 2012-09-30 0001318342 imstjubak:S000029382Member 2012-09-30 2012-09-30 0001318342 imstjubak:S000029382Member imstjubak:C000090254Member 2012-09-30 2012-09-30 0001318342 imstjubak:S000029382Member imstjubak:C000090254Member rr:AfterTaxesOnDistributionsMember 2012-09-30 2012-09-30 0001318342 imstjubak:S000029382Member imstjubak:C000090254Member rr:AfterTaxesOnDistributionsAndSalesMember 2012-09-30 2012-09-30 0001318342 imstjubak:S000029382Member imstjubak:msciacwiMember 2012-09-30 2012-09-30 iso4217:USD pure shares iso4217:USD shares 0001318342 Investment Managers Series Trust 485BPOS false SUMMARY SECTION<hr size="2" style="color: Black; width: 100%"/> Investment Objective The Jubak Global Equity Fund (the “Fund”) seeks long term capital appreciation. Fees and Expenses 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) Annual Total ReturnFor each calendar year at NAV <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column dei_LegalEntityAxis compact imstjubak_S000029382Member ~ </div> 0 0 -0.02 20.00 15.00 15.00 <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column dei_LegalEntityAxis compact imstjubak_S000029382Member ~ </div> 0.012 0.0025 0.0096 0.0002 0.0243 -0.0075 0.0168 Example This example is intended to help you compare the costs 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: <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/ExpenseExample column dei_LegalEntityAxis compact imstjubak_S000029382Member ~ </div> 171 686 1228 2709 Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 140% of the average value of its portfolio. Principal Investment Strategies Under normal market conditions, the Fund will invest at least 80% of its net assets in equity securities of companies located throughout the world, including the United States, and at least 40% of its assets in companies organized, headquartered or doing a substantial amount of business outside the United States. The Fund considers a company that has, at the time of investment, at least 50% of its assets or derived at least 50% of its revenue during the most recent fiscal year from business outside the United States as doing a substantial amount of business outside the United States. The Fund will invest primarily in equity securities of companies located in developed countries and may invest up to 40% of its assets in emerging markets. The Fund’s investments in equity securities may include common stocks, preferred stocks and convertible securities. The Fund may invest in any size company, including small and mid capitalization companies. The Fund will focus its investment in a portfolio of stocks across all industry groups, market capitalization ranges and geographic locations (but in no less than three different countries). From time to time, the Fund may have a significant portion of its assets invested in the securities of companies in one or a few countries or regions. The Fund also may invest in American, European, and global depository receipts (“ADRs”, “EDRs”, and “GDRs”, respectively) and exchange-traded funds (“ETFs”). ADRs are receipts that represent interests in foreign securities held on deposit by U.S. banks. EDRs and GDRs have the same qualities as ADRs, except that they may be traded in several international trading markets. ETFs are investment companies that invest in portfolios of securities designed to track particular market segments or indices and that have shares which are bought and sold on securities exchanges. The Fund advisor’s investment process is based on a large number of factors, including macro-economic trends and geopolitical issues, as well as more fundamental analysis of specific company performance, competitors and markets. The Fund’s advisor also considers other factors including political risk, monetary policy risk, and regulatory risk when selecting foreign (non-U.S.) securities. The advisor’s investment approach begins with a macro-economic approach that identifies important long-term global economic, financial, demographic, technology, and political trends and then seeks to identify specific companies that will be positively affected by these trends prior to general recognition of their consequences by markets. In choosing the specific stocks to buy to take advantage of these long-term trends the advisor looks at fundamental positioning in a company's market, management track records, competitive advantage with respect to competitors, and financial staying power, and then seeks to buy the best stocks based on these metrics whenever short-term market volatility gives the Fund an opportunity to buy these stocks at low or reasonable prices. Principal Risks of Investing Before you decide whether to invest in the Fund, carefully consider these risk factors and special considerations associated with investing in the Fund, which may cause investors to lose money.   • Investment Risks: An investment in the Fund is subject to investment risk, including the possible loss of the entire principal amount that you invest.   • Equity Risks: A principal risk of investing in the Fund is equity risk, which is the risk that the value of the securities held by the Fund will fall due to general market and economic conditions, perceptions regarding the industries in which the issuers of securities held by the Fund participate, or factors relating to specific companies in which the Fund invests.   • Foreign Investment Risks: The Fund's investments in non-U.S. issuers may involve unique risks compared to investing in securities of U.S. issuers. Adverse political, economic or social developments could undermine the value of the Fund's investments or prevent the Fund from realizing the full value of its investments.   • Currency Risks: Foreign securities that trade in, and receive revenues in, foreign currencies are subject to the risk that those currencies will decline in value relative to the U.S. dollar or, in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency being hedged.   • Emerging Markets Risks: The Fund’s investments in foreign issuers in developing or emerging market countries involve exposure to changes in economic and political factors. The economies of most emerging market countries are in the infancy stage of capital market development. As a result, their economic systems are still evolving and their political systems are typically less stable than those in developed economies. Emerging market countries often suffer from currency devaluation and higher rates of inflation.   • Management Risks: The Fund is subject to management risk because it is an actively managed portfolio. The Fund’s advisor applies investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these will produce the desired results.   • Portfolio Turnover Risk: The Fund’s turnover rate may exceed 100%. A high turnover rate (100% or more) may lead to higher transaction costs, may result in a greater number of taxable transactions, and may negatively affect the Fund’s performance.   • Non-Diversification Risks: The Fund is non-diversified, which means the Fund may focus its investments in the securities of a comparatively small number of issuers. Investment in securities of a limited number of issuers exposes the Fund to greater market risk and potential losses than if its assets were diversified among the securities of a greater number of issuers.   • Small- and Mid-Cap Company Risks: The securities of small- or mid-cap companies may be subject to more abrupt or erratic market movements and may have lower trading volumes or more erratic trading than securities of larger companies or the market averages in general.   • ETF Risks: The risk of ETFs generally reflects the risk of owning shares of the underlying securities held by the ETFs, although the lack of liquidity in an ETF could result in its value being more volatile than the underlying portfolio of securities. The Fund limits its investment in shares of other investment companies including ETFs to the extent allowed by the Investment Company Act of 1940, as amended (the “1940 Act”). Performance The performance information provided below indicates some of the risks of investing in the Fund by comparing the performance of the Fund with the performance of a broad-based market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available on the Fund’s website at www.jubakfund.com. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after–tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/BarChartData column dei_LegalEntityAxis compact imstjubak_S000029382Member ~ </div> -0.1657 The year-to-date return  as of June 30, 2012  was 2.99%    <table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom; background-color: gainsboro"> <td style="width: 46%; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 1.5pt">Highest Calendar Quarter Return at NAV (non-annualized):  </td> <td style="width: 26%; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 1.5pt; text-align: center">6.89% </td> <td style="width: 28%; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 1.5pt">Quarter Ended 12/31/11  </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: black 1.5pt solid; padding: 1.5pt">Lowest Calendar Quarter Return at NAV (non-annualized):  </td> <td style="border-bottom: black 1.5pt solid; padding: 1.5pt; text-align: center">(21.22)% </td> <td style="border-bottom: black 1.5pt solid; padding: 1.5pt">Quarter Ended 09/30/11   </td></tr> </table> Average Annual Total Returns (for the periods ended December 31, 2011) <div style="display: none;"> ~ http://xbrl.sec.gov/rr/role/PerformanceTableData row primary compact * column dei_LegalEntityAxis compact imstjubak_S000029382Member column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * ~</div> -0.1657 -0.0618 2010-06-30 -0.1665 -0.0623 2010-06-30 -0.1067 -0.0524 2010-06-30 -0.0789 0.0993 2010-06-30 JUBAX The total annual fund operating expenses and net operating expenses do not correlate to the ratio of expenses to average net assets appearing in the financial highlights table, which reflects only the operating expenses of the Fund and does not include acquired fund fees and expenses. 2013-09-30 1.4 Before you decide whether to invest in the Fund, carefully consider these risk factors and special considerations associated with investing in the Fund, which may cause investors to lose money. The Fund is non-diversified, which means the Fund may focus its investments in the securities of a comparatively small number of issuers. Investment in securities of a limited number of issuers exposes the Fund to greater market risk and potential losses than if its assets were diversified among the securities of a greater number of issuers. The performance information provided below indicates some of the risks of investing in the Fund by comparing the performance of the Fund with the performance of a broad-based market index. www.jubakfund.com The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. year-to-date return 2012-06-30 0.0299 Highest Calendar Quarter Return at NAV (non-annualized): 2011-12-31 0.0689 Lowest Calendar Quarter Return at NAV (non-annualized): 2011-09-30 -0.2122 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after–tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. 2012-09-30 2012-09-28 2012-09-30 2012-05-31 The total annual fund operating expenses and net operating expenses do not correlate to the ratio of expenses to average net assets appearing in the financial highlights table, which reflects only the operating expenses of the Fund and does not include acquired fund fees and expenses. Effective July 1, 2011, the Fund's advisor has contractually agreed to waive its fees and/or absorb expenses of the Fund to ensure that total annual fund operating expenses (excluding taxes, leverage interest, brokerage commissions, dividend expenses on short sales, acquired fund fees and expenses as determined in accordance with Form N-1A, expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses ) do not exceed 1.65% of average daily net assets of the Fund (the "Expense Cap") . This agreement is in effect until September 30, 2013, and it may be terminated before that date only by the Trust's Board of Trustees. The Fund's advisor is permitted to seek reimbursement from the Fund, subject to limitations, for fees it waived and Fund expenses it paid for three years from the date of any such waiver or payment. Prior to July 1, 2011, the Expense Cap was 1.75% of the Fund's average daily net assets. EX-101.SCH 4 imstjubak-20120930.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT EX-101.DEF 5 imstjubak-20120930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 imstjubak-20120930_lab.xml XBRL TAXONOMY EXTENSION LABELS LINKBASE Share Class [Axis] Performance Measure [Axis] Prospectus [Table] All Classes Average Annual Return, Column Name Series [Axis] All Series All Prospectus Prospectus [Axis] Creation Date Effective Date Period End Date Trading Symbol Expense Example, 1 YEAR Expense Example, No Redemption, 1 YEAR Expense Example, 3 YEARS Expense Example, No Redemption, 3 YEARS Expense Example, 5 YEARS Expense Example, No Redemption, 5 YEARS Expense Example, 10 YEARS Expense Example, No Redemption, 10 YEARS 1 Year 1 Year 3 Years 3 Years 5 Years 5 Years 10 Years 10 Years CIK Registrant Name Document Type Amendment Am.Description Prospectus Date Wire Fee Overnight check delivery fee Jubak Global Equity Fund Jubak Global Equity Fund Shares Risk/Return: Risk/Return Investment objective: Investment objective Secondary objectives Fees and expenses of the fund: Fees and expenses of the fund, narrative Shareholder fees, caption Shareholder fees, table Maximum sales charge (load) imposed on purchases (as a percentage of offering price) Maximum Cumulative Sales Charge / Other Maximum sales charge (load) imposed on purchases Maximum deferred sales charge (load) Maximum deferred sales charge (as a percentage of the amount redeemed) Maximum sales charge (load) imposed on reinvested dividends Redemption fee if redeemed within 90 days of purchase (as a percentage of amount redeemed) Redemption fee if redeemed within 90 days of purchase (as a percentage of amount redeemed) Redemption fee if redeemed within 90 days of purchase (as a percentage of amount redeemed) Redemption Fee Exchange Fee (as a percentage of net assets) Exchange Fee Maximum Account Fee (as a percentage of net assets) Maximum annual account fee Retirement account fees (annual maintenance and full redemption requests) Annual fund operating expenses, heading Annual fund operating expenses, table Management fees Distribution (Rule 12b-1) Fee Distribution or similar (non 12b-1) Fees (as a percentage of net assets) Other Expenses, Component 1 (as a percentage of net assets) Other Expenses, Component 2 (as a percentage of net assets) Other Expenses, Component 3 (as a percentage of net assets) Other expenses Acquired fund fees and expenses Total annual fund operating expenses Fee waiver and/or expense reimbursements Total annual fund operating expenses after fee waiver and/or expense reimbursements Portfolio turnover, heading Portfolio turnover, narrative Portfolio Turnover Rate Expense Footnotes Deferred Charges, Narrative Range of Exchange Fees, Narrative Expense Breakpoint Discounts Expense Breakpoint, Minimum Investment Required Expense Exchange Traded Fund Commissions Expenses Represent Both Master and Feeder Expenses Explanation of Nonrecurring Account Fee Other Expenses, New Fund, Based on Estimates Acquired Fund Fees and Expenses, Based on Estimates Expenses Other Expenses Had Extraordinary Expenses Been Included Expenses Restated to Reflect Current Expenses Not Correlated to Ratio Due to Acquired Fund Fees Example, heading Expense Example, with Redemption, heading Expense Example, Narrative Expense Example, with Redemption, Caption Expense Example, with Redemption, table Expense Example, Column Name Expense Example, No Redemption, Narrative Expense Example, No Redemption, Caption Expense Example, No Redemption, table Expense Example, No Redemption, Column Name Expense Example Footnotes Expense Example Closing Strategy, Heading Strategy, Narrative Portfolio Concentration Risk, Heading Risk, Narrative Risk Footnotes Risk Closing May Lose Money Date Of Termination Risk, Nondiversified Risk, Money Market Fund Not Insured Depository Institution Risk Caption Risk Column Name Risk Bar Chart and Performance Table, Heading Performance, Narrative Performance, Information Illustrates Variability of Returns Performance, One Year or Less Performance, Additional Market Index Performance, Availability by Phone Performance, Availability at Web Site Address Performance, Past Does Not Indicate Future Bar Chart, Heading Bar Chart, Narrative Bar Chart, Does Not Reflect Sales Loads Bar Chart Annual Return, Caption Annual Return, Inception Date 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Bar Chart, Footnotes Bar Chart, Closing Bar Chart, Reason Selected Class Different from Immediately Preceding Period Bar Chart, Returns for Class Not Offered in Prospectus Year to Date Return, Label Year to Date Return, Date Year to Date Return Highest Quarterly Return, Label Highest Quarterly Return Date Highest Quarterly Return Lowest Quarterly Return, Label Lowest Quarterly Return Date Lowest Quarterly Return Performance Table: Performance Table Narrative Average Annual Return Caption Performance Table 1 Year 5 Years 10 Years Since Inception Inception Date Before taxes - After Taxes on Distributions - After Taxes on Distributions and Sale of Fund Shares Market Index Performance MSCI AC World Index IMI (reflects no deduction for fees, expenses or taxes) Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period Performance Table Footnotes Performance Table Closing Performance Table Does Reflect Sales Loads Performance Table Market Index Changed Index No Deduction for Fees, Expenses, Taxes Performance Table Uses Highest Federal Rate Performance Table Not Relevant to Tax Deferred One Class of After-Tax Shown Performance Table Explains why after Tax Higher Money Market, Seven Day Yield Caption Money Market, Seven Day Yield Column Name 7-Day Yield Phone 7-Day Yield 7-Day Tax Equivalent Yield Thirty Day Yield Caption Thirty Day Yield Column Name 30-Day Yield Phone 30-Day Yield 30-Day Tax Equivalent Yield Risk/Return Detail Table Text Block EX-101.PRE 7 imstjubak-20120930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE ZIP 8 0001398344-12-003220-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001398344-12-003220-xbrl.zip M4$L#!!0````(`)9A2T',D*J-01P``$.3```6`!P`:6US=&IU8F%K+3(P,3(P M.3,P+GAM;%54"0`#_.]V4/SO=E!U>`L``00E#@``!#D!``#L/6MSVS:VWSO3 M_X#KN6F3'>OIQ+$=ISN.8^^FVSRN[6QW/V4@$I)04P0+D+;5#_WM]YP#@`0I MTE92)W&3MI-$(D&<)\X3A/;_?K5(V(701JKTZ<:H/]Q@(HU4+-/9TXVW9\>] MG8V___#M-_O_T^NQ0RUX+F(V6;)CF8@W2J;Y]X;]Y]G)3S+EN=+LHC_N#SG[ M&[N\O.R+>,;U%`9F.+`?J077)C\EV+"SY]NS/,\VQL, MRBN#\7`T'NYN`4XTMAR!L^,4?:5G,&BX-9"IR7D:"3=R+Y'I^37#\?:$FW+X MUG4JA&:$A:F1XIAZ^^-?&#T,@9FNT ML_5PO#^H'JNF'S3FW\^$EBJNPP,&Z/PY+(P?K)1V>UO#_4%UM398I/'*4'^M M`AN`V1\X'ES#D'>G0,APO+NU,_YDO+&DB]D"[M0NT@V[#O;$59;(2.8OQ6(" M(&,)HZVA@16P]Y.8\>2(L#RXDF;CAY*@O8H@^^C^H'7&.C:#)CI_0OF].\2/ MN\/QHX=?L2C7`ZSUWANM3":BO#"GH&.]J7@IM#"@H=;G8+]2]E7>7*0QJ<\ M$7\I_9>J]%[`7YOR+TPD>70I_U+L#]>K"KSGYA>F144JK0J]/7T>*,K",N$' ME__MP=W]@;]HI\$G&W.<<%AP+;-D\-<:CY--,2W/&[JQQ@R`)I!*\P33Q/(" MM+7.-WSD5;$0&DL4JSIS(_V5D+MG(B#/1:H6MA+2#::-P#J$MFGV!P%E(3]P M)=E%=`@*IWGR(HW%U;_$DCG9G]2R[/K"[GRX.?>)F*&9Y6G^BB]$U]0OT@MA M0BP/F,%[[F*"ISA;)EUPGFX\^C9F]>G=KKP M@6J:`[@4X^7CA,^ZYIGRQ`@[2VT\5JC`4)Q(&XVRG)V!"3+LE;AD)PI,SZ:]L$GLF3YA"ZYG,MUC0Q@: M_'G"$%R/)W*6[B5BFF]\-\N?((QG^.'T[,-C%JE$Z3WV+.'1^1-V*>-\#H@.A_6UY-? M("R0%^+N<66"'P(M+%$EADSJK"$BF\0T:7RC)6"Q/`.`SQ(5G=\18L_F@OV( MD-D_$C7A"3OZM8!%Q8Z+-&;W<[C['5]D3Y+XUT(]P8OT5=/7!\P(<6Y8HD!V M$$'H52_BU%-CCB.'5UEX&/OJDX<"YB3`V\IT MU(E[Q358?N#!W5,':5C.)XE@L3`1A,,P-6K!U-,M'-UPE>=LJ0H`L&09_)%3 M^CHIEC1PKI*861_%U)0F0?UIJD,G1QS'R"_C7$(C[P]YADIU1]A5JD6`)4,T MZUHQT?Z3Q`_WB9D9ES$$E+!.\F3)IEHMD'V:R=+J/*!99(MNM3/%FYP,PPK0 M.:^B=Y1G!VE:@*T@2U/BW+&NFAQ/V,ZT.017Y'K15^*`)>GRFTSM87$Z%%27+#A'T*-(^5MB*+ M(--.8Q";E5W.7AW\NR&'!J/;C<,9&J[W-:D0#GLZ8VFRA"_W6*I2\81P9+^S MCDZ:5HD8-!"`#(H#V*18I&`_Y;M&9@JW%AF/(.UHP<:EF+\SHARPZEKM=2H= M)U[R*[DH%E2S0$;-Q(M%IHR(7Z=O"AW-.:CNZPNA7T^G(*ET!LXW0AL?@0]. MS-.-%Z^.-VYD6-A38)@YT$B7P`T)UP_"HT[#/2H`=C#:+4!K\',Z]N'W@['86"-*_JQ%6_QZ2W2"@H?QR:M37.YMC&- MI[Q86`MP8(S(S>TNY/YP-':+N1VNO!] M1(?*YMG[$;';W;8Q3SLXK^T19(A@(%'VB"W@_PE0#U7"O$BLK>\;OC M5^]NZORL/KS!;INH\<.M,`5:I0`H_)E+]#Y@Z.5B4FA#.OU!%-T\V2U3B&YK M^-@J_,W`'[E/F\'+9+C!%(BB68QC*P7]QDYBG[Y411+#\WO7+L[.0EM]V,^@OE5R\>G# MV#HVMQ^_KD]M*WO^"[HP'`5>9?C'LHS'HQ:L+)!N^%NW!G][9[L+_E8W_$>W M1_]XO-.%P*-.!$;#6T-@_'BXVX'`:`@(^/\1D3=*YU.52'4&ID&!U[][KIW\ M=HDG\XAV]BJZ2/JA@^*[Y[R=%\GX$DRZYJD!DV!KWF`:-YDIP(!S,A8+:7`' M!UR\1'\B<^Q8V-Z&$4EBX.^HT#+'9O-]L,%!_PM]`1AYY&35!8,9#,L\AQZ` M@?<&O+S(J?EA*^@2+C@2O%J1Y.@F_5#$YEV7YA5NV/Z['F!Q3,:N,!X2`NLS+.I-!%`1,^ZV3'+*@\U\NX2A#EZ M.+SG*_L<[F"AOZSPUZ32;#IU*[0O*N4(9;:\JTL;N!G)#%@7]*@=SO*:GF2# MK`:Q=S8V?YMB7RU%;4KPR7.1(V:QS.U"#H)N"`M=D`DQ6B(X?-BQ6H(*D<*# MW*64$-795G>PWF$8A1,I?@$&4.B9SS7&:ZJPBGZI=!)OPO-14L1>J=^"-X&A MISD\`0CA`B[A/ZS@5[`K,$K/X,-O`N:<@UA^+;C.A<9X3[-8(0`.YFN";\?D M$GOK"US5...D,#(5!J8H%B%M':7$A4EB-\8V+W[8_;Z8'3?@M\B14EXQV(\AD M^1Z:(3$BO1`)&$MD,*!`6Y2\^78S%QGFD*U:(!8"E\',*?47E02NF/)*J3I6 MG^49+BM!CAK\H%>`PJ#:8[E^CLJFD"^09"(/>VI.U+7OW# M-6P6F%"2X&3LM['(W[ASRD[P3=69JJ@P)-(@=R0?7+DMD+E'.=(*%).3SL6% MR?62S<"T9$"?-VIUP!`8S)P^S82::9Z!\[;:1\G?_4E!\%(%B\]0+HL.6F/_ M16+#"O$I]1)"DV-<9K3(02/QW\!V(K/FX$9Q:8$PY12"%'@<*4%/#\Q05=D3S`W*(OU5,7T-AX",3.PGX M`T1D$TD065Z69I:^EN(HD@@:0\3$XI72"H)O>#\TP`PI);J")5WI,\U?B;5< MYJ3V`7&QP#5DJX<``B*I#-RZC(J$:[_8W49O%UA#3N"6NO/*0+`+[ZN0?8*! M2&YS%679%P#U8OP"5U1\(8W2'>X$O(.*T/Y)4Y7*.$NP=\_2@DI`()XIY%A* MF]#L+]`F]P0X$K4`RYJ#P8Q+>YLI5#(,42!C+"BL`UD(]!/@JT"A:9UPQ`!# M$-"FI9%6$6!]H?TL`ZT@%]JDBR+'U>Y#!:=ZK5[3D6Z-2A7$V0*R(RF@J$): M2W,.C@7,;\[!KN"-:.FN(EBPOJ"-UN;`19M50@:,I@$F\BOV?JK2'B[,!RL^ M]@:IX"90A873"=AY\%94$>=-GI>C[-+R+XC`3`M<7>B"<']IC_:7.G/I']Z$ M&#(%ID((N`E+;N%=)'@U$N6R)YLI`*GZETI#)::Q`EAD$AQZ4^6 ME2:\@*!CK@"."YM+E%PH`1/C-DLT+OR"0QNJG.JEX<* M;,E2J>M0E%G"]\;AA5&*[ZH[HX94Z=A4.BTO0FQ(XL[=(+*!YENQE.(#POC2 MZB]5O%?%0_0"#1,TO8X-C;KX0D!H$=GZ"!I[L)^@098+SN9>*%!YF6#@.0-< M317^0.2D,M0X+`PN`X@PL0_@4!4O;>3"#;@/##PSW!!DF@6&[I0Z>"7@SA<7 M$$DR:"]\[ZJSLA#0$U!X9RL*SP3:-^I)80D9$@Y0&C*I:`E*_^ZU`Q0&.>.%:@ZU=0U^>P^`EXH7Q40C. M#8@EV-)"B[X,].W;;SZ:C__C4Z^E>`AY`KQ]PE:[T4%]B[1QKZTOS0[21@96 M+FMPR*:@-PXJR=(@ZPCK51PP@8:RR003-5=91*^@:9V[5>&*#8VFYE" MR'72")A%RZ.S28XM=SN=%8?5?FG-,CU:]EK+PFXCW:0TPKK?,#/'+#LN1.B" MG0N@A,=''V$5D;:+N[8J!$=F=#Y^_7RDU^1"V%)A+SE4" MX0KX>PC!2-N,W^`15\;"J6R]P!%.!JEPC,=>B2K(W*P4#,1-=C_QE4*+5$2] M^@+KV@N9BE4-;R$$ILJHI%HU7&S=%**11/[FE16]5+T-$DSRU:C.8:$A[HV6 MURG,\6I1PIH;K!D`UWR>%`D,:UTUV]`-GQU%%HQT3;C`U30M&+KN8#19*0@] M$I0^Z)<5F+4(%\)/0'H6JP2K!DIO>ML90=R+PIV+>&:#9E.U0IR]#!]=#UCD M6381."E.+N*O1F&.?"G^I4W"K.*TJ>Z+>L#E>0[S)J7H%"`3??*G7_H/2 MJ+=,X@H$6V@2D*OL4.&\3)UKB:WS*FZKDQUCK14U7;K!V6*7MI)LBWK3);0E:F9I""+DK/+N1<="C MOZ'^E66)6QP^%J`B#SIOFW@10%N&LPMEP<^M]RZ?P%R/-G^4VPUMUC6QO5V- MIC7%&D\*86/!\5`!(4J;:H2UI)E6<1%9IXV%7HP7[#KX>OSKZN8BTI;KE:4F MV/I^#HS(L(8/K,33`_PNFL:H^W@/C2>67Q_00XG@=H]NQV::S<9.&LYF=/BH M#BK#?L=,\+`K4.&S*>0"M7K?&OM=OA8U>`61]7-)I[YBOY#8OJ;5P*`\]H^* MJO0A0`;UKF1;F]6T=QY=U5)[@=F^;B7I,F9_42L7-"=)Y()V#*P\:'UR6#?$ M!-,IE/,[S@ZA:GM!K3O:N5UV%R]P^[)M>M-L?@Y_GQ2CCB-UKW1MGY#=0>.J M&':_&RT#5^#X:M3@Z.SXICJ`+SM1-]?Q)UGZ[8Y!?0G&J$OJ>=2/JJ#4/*&6 M1$=I!Z<&)^%W\^,E/`2'9`=!B8RQK$7;3G"HR_@K/X0VP.9A-MTBO7#MB3+< MK>%1WU/2MM^%S%;;AI2*-MLW;.UM5[50XIK+"D$XU,Q+4*-+X@/SZ5?@040; ML$:[#X?4*<6^$K;>FX?(X``<7-M.$.I7V4_H;)[XPP`.TC@X@XVV[=_5GDJ% M9F<+Y6:J_';LZNZ=;;"@3@81$>91^)$"!(B?\00R?%<%^VE^/S0D$FI1%L"T M[SVU5XXG2^?IR]I]`"RHH57O834&<#;1BL<]VT-T5E7BJ64=B4B&NQMKC?R) M;2+19D\\1])NS]ZTP4T.<2-N2K!["M'O6S)=`W@.A-=+UFYJ3^6T@-`7(LFW M64Q-HRYF8EIUP65"`:Q*VV/32S$Q$-!@!Q//9R25P-XO'J6_LC?Z.NU:U4#2 MS\.$>M5W1`E_*0PV\DD/Z8#/'@C&O\&)`([^54M')L6EW-ECW:R-9SP-02W41JQZL5^OR:J4&I+ M`L%[&`^'H_OG#UB68+#O]C\Y1@,RD%';'23V#8:5[OI-ZM=P$Y_^[34/^>.< MO=!.5^TP"GO$SW@X&MWV*]VC[4>/@Q,@*D`-IG\&DU"Z7'PVG*=J\81-($+&/<\II%WVY,@9EZF9**WA,?]TON+0'V+U?_8-#G?, MECO.RNZCLV]8X#_;J:M:081[?P(WQ1^!&S8DR?$=#Z-O@T'9_9[=&[#VV M)I$[=U/D7L)'E.",QH.MT6`TZI!G2*O]J/_8BKF<0RC7N5H^!S]^@M3P`U;` M&@R[#0H_EEK?'X_ZX_&#]]/LSZ^NP]W!UA#4M=/^M%FB%<4=D&-9"4DZ(K$_ M299^X%XB;3DM$5^'\(4HWSORIU38.L=S2// M89O`*9;5D+;:-^669?#ZMS\8X;JGM7[7]4L1JZ!P<.OI^\'0WU<"YTY^^MC9 MRC^,;%<.>KCE(+H+8C=&IY!XBA>IVZIVZR\-M^D6"-2;_B'*[YH>.VB6Z_>BS2_0]<1YNC[<^FZRO^R&I/X,6E+\` MU*H-P^W/O[X_$/?AH_'#.Z@5U2\N?6[M*'\BIY5[CW=V/Y/DN_$"M'9W/_52 MKWY)Z`,$AK^D<6:;HZ?+Q40E[^=&?GS[[.`_]O2'.5/.8R37B+2PIQY'$J]Y$B8EAGJHX] M5^6))\&9%CS+A.V(^"9"^7X55K0AZIWG[GA_O]VB[(BJ-+&MO;:37X)^BJUR M"]OB\&_K<\5_^^C# M@'0=CG2"DGO/Q;NZ9D?]A^U'U9Q4-@V;I#\I(U[B*T%KT/RG?^NI;`V75(GC;$JJVO@M6JZJ-Q(U( M2]54HFV06D45"D1]-K`!%`>CQ:CP[SO'KB^\]@)!Y2%OQ/'.CG=VQ^,YOODC MQD/8/[WI5&)>=?DB[D6*LYR9J>]S,O#6X8^`E/]/M>)]BG!;2O-"PO'9)3`^ MEEH!-/E&`;XZ6$9W'NPZBT=.1IU4>):FSJ67B;QE[[$RUUS5##"RTHJHE4QX M^LL/P;&[W4(^%`\J^J)8.76S\>DH5?%B_"IA=63:7X].=$S MP,\22:D[ZOBA7]44]7!4-0?PI[D(,(S+E.S'4M#\QFW6&J;G3#TD**9@(RK] MM?%W3;3ZPODE*@D;/O^GDLCESU))Y(]52J)U/B51Q/.I2B*B[2!Q1^60Q/BL M[^-2Z+G'[AO)S4/0GS&3@D%+_N(&)U^>/FIU+)X>P[AQ_JF%07"18`:HSME& M47T0VP@WB9TLOE`Z1\-^5M##]<374JC[W'X^V4D842P1J_>]*JVQ=U5R[[A`"M%;. M4P\]40D5G10*%4VYZN##5^_*O7*P+@6K/5#6["-F.`BN20:;>>$[0[$*5182 M9R.W^0M@$4:`J"J`00Y057B-Y&8=PJ;[%GB2&NK0!9&L-TML MR075/S\OPI"W(<+VP4(FE*S^--$N_T2!)3FV/55UC`Y^G$?&?$8I$2D2[\K;,7[%0&,T[A^XQ,)SIX':Q\Z[ MI(#PT0URK#GF5UKZ,AK2:+Q3_A7\^`=02P,$%`````@`EF%+0=3'XB,(`P`` MF0\``!H`'`!I;7-T:G5B86LM,C`Q,C`Y,S!?9&5F+GAM;%54"0`#_.]V4/SO M=E!U>`L``00E#@``!#D!``#%EUU/VS`4AN^1^`]9=C%IDN,DA8U4=&AC0T(" M#=$A<8>V>GJW2Q'H"(2EG M(]MS7-L"%O&8LNG(OOMU@4[LLR^'!Z?O$++.!1`%L16NK0N:P`VG3'V0UOVW MVRO*B.+">G)\QR761VNY7#H03XF8:.'<")V(ISJ`D,F64/8X-&\AD6!I!":' M-)7J]R(DCR-[IM1\B'$U@GW7\]U@X-J'![G8S*UTIM@J%(G#Q51+W0$N4U?Z MA41J/0=9S9,W) M!F<")L]Z07^BS8TV,._SM#]9LK;Q_X&=)T3VSY5EW0?K!L2$B]2XYQJ(7`CH MG;%=8B]@P>4<(K7HOYF;U`U`(J*2L?C:PC2>UHLHCFF*"PV.>4HH0RFD(8B7 MTS:?DW(I,P_(<09:3[PW)TF2/NE,NOU[1U-@9L]#^<7VVKYF[KUI9YI*1(L0 M4)6[3^"N]'UV&"9DD:A7:G&1?,.K1RBC9O/0IY+'6E%8*6`QQ"6*`7W1>K\Y ML_"HEC$Q^Q07+U@7RNW=?&FN#'KHX0=35*V_YXXITR4DA&1DUV)X)XSU-TMU MB$+E(2HK60T_C%W]\H/!B7^=/_"-XJUX5ZN_BCJ*=D&)41CB7]>SDF(B>-KH M0!E2O(/N\("+&$1^ELU0<8&UL550)``/\ M[W90_.]V4'5X"P`!!"4.```$.0$``.U=6W/;.)9^WZKY#UCOP_9LQ;%E)YVX M:S);CIU,>\:V,I8RF:ZMK2Y:A"Q,*,(#4K;U[Q<`[R0`@A(`8FJ['SJ)>`[. M]^%Z<'#[PW^_K"/P!$F"(%#%#]\./@Z_WSX_N"___B[?_O# MOQ\>@@L"@Q2&X'X+/J,(?L$H3O\S`7__>'>-XB#%!#R]/GE]'#"!.WP/;G"2 MP"6*P7^!Y^?GUS!\",B2*CXRQ=<+O*8?#@]9ZA&*O__$_GK-'W\Z>BH_.7HY'ARGSPNW_+A)EN*<>,O=R3Z#4F#U3T M^/2H2+J4WR2'Z?81)J4.E]\D1\4'IG=V>#PY/)V42DPF3)LJN8FW1]G'4I:0 MIEP"%Z\?\-,1(1Q\*^40(K$X_2"2Y\:0$,F/&1)4R2:HD3//IX7HY.CO-]>S MQ0JN@T,4)VD0+V##!%)D:42=2B63J$QT2BW'-CD[.SOB7YEL@GY* M.,AKO`A27D]["QI()=B_#@NQ0_;3(T\GKER0\*.LBP1&\@TO`0?S$:L2' M@P2M'R-XD/^V(G`I!A+1,F;Z1S%\8.V%&7E_2.UD1OXC__D`,*&O=U>B.O@0 M!(]9(E%P#Z,BJ8.CJK6PWVF[^][`"%]2&(2AR*[,@LLGZMT\:*18L0R M'1-6$%W>HJI-_SRLJBQG3,BO7PA.'N$BW22S54#@110DR?D+2LIT.9\/!U*Y M(^L((5EBLF9U^@8&R89`(3ZQE'UT9;[,@_L(RK,M^VP=3U4ZEW@=H+@-J//= M.J)S.HH%#_`\CC=!=`?3#8DO<+19Q[?!NI-?:F$36(N>F_VEC9;^].LU;='1 MISA%Z594S]J?74#*S(G+L_'-!9A+O-BL89R*X;2^N@1T%?,.@`U$Q4^B`NP3 M=PF9.VX,`!U#9#@;,B[!?5HN:<>%GJ`*75/()3S:X2,`/_C5YUA6\O!8*EE7A\UP"86,#[\ M.COX(T\3\$3!_[!D__)@O_AR9I" M*W4$]H)['D59O8")(9QZ[L%^H#,3(+,!,B.O0&8&,#LFN*B M,DDK@,4NR[Z#'DT2T#2-(A9[,7LAS9,$69IRH.>DZ9H%9%'`I'_M@9!+'"TP M]0(>T\,2#==?$KQ61#(*L13K.5J8A)!DL=DCUQS4?E23@4QV3/P25TJ2]870 MB(BE[E0#LD!J1,QZKE6#0)_*B&QDOE6%7^R!C0A9Z&0U\;9$1@0K\;::<#M" M'@#N<[K$#.1:'E`2>F)B'BU1#\"+_3(Q^K:L!_#%7IH8?EMV1/ABEZT)NRW3 MAEMSRJ[IW_Y5U[0^O3S".(&?7@*V,/@+#,CQI!,W%\E87PMI6KW%=S"$ZT?6 M?'50"N0=(^963S7R\G3TO.Q!*9`?(R_?:N3EV]'SL@>E0'Z$O)P<]^?EY'CL MO.Q#*9#?9YU`V17N%RK)4@9YTJ_`!/SRZ?S.4%18NZ,TR^$6@\J254JM/LHL MC5..>^:F+&R1:)6%34ZM3LXLC[<6EUU7WF\ M]0F[8L@94AY><6IUUCWEP26]P:X8=`:4AY#3;^&@W\)!OX6#?@L'_18.\C0< M9'G'^06,4Q)$5[17?_D+W':0"H7>MK/YK&8;3R?.1A M<3Z26RU__G5V3/\[.3M]?W(#U_>0M,UWOIL&<,$,G!V?O'TC!M#Y;AK`-T3@ M9]C)]^)GXWQ7&YPA&=J].>*KD(A*.H1,HU.KYS4YJ+:F'K M6&^"%[3>K"\VZTW$2W$61#2K**@'.'V"9+I<0D+K'6V]B\Y0,4QY?"[IJCNL MZRFYPEXS?K5^Q`D,I_&7#5FL@@0FNN4Q,!%7W"XAM4I@N$,-TU(=FX>B=BE5 M1JA;T_@.HO@))BD,+]$3"NET(SF/Z=^IEX7N-ZR?3/I([9Z>?1^N#!C0/I79 MK7[H>',*4;1.''0QJ'U-? MT4&-C(,'R`-N,'-&9,U&(F<=87W,HD/8#)(GZEU,3NXG:L3:>DX93,D,K5$4 MD%L<#^/0HVF=Q06FOFM,*\"$=P!%A96#[U=PA_ED*&:I@CO,IT,Q2Q7L]]5Z M2$?#=[[XYP91?Y]UN:S=T/Z@'ZV>DJOXCP+H&*AHAGP+$)M!4(<3K>\W).&C M@QREAH9UU+6*Q!TUM\4,9(LHM`+52[O#/$=FV].E[699S]JI8XK MY!\)#+[SFVZIP\=G?K(^7B3I'N4-BMDL]8I'F%@??@>SH?)\S2#U8N_3=[I+[5&";O@6%8":AUW=1T^$IC0K/N(T]5-D*1TH.)N2MB=OFOI M.$-._XSH9))/:99T+D/@8D-8U%@>%1FBZM;7O87/K`I\#'A0_U.2HC4=2-2. MKTQG3"^XC\`057<><3U7?PXHHI0$F%!G*"#;$AZ$\56\B#9L&[#,<1Z;ZFYCD,N/DK.2X+-*U#'.;RA=56L_Z@#T M`,UQ/](A;IP?7;+7NB$P&U'BYVHCXA]1]A=[X):#9"I2:CEEHAS;D M\HX17T0XH0.A)MZ.M/WU6>J+IO!A*QG;VY^=X>GO[Q22SE"6@;X+=GJ1'0L1 M[DQ42SO9XZS8W>RL;)FQ_G*52#E!U]^_2*2X+A[8JKY MT8-U(W::9;J<0[)&L;"Q[I*$FY:#XQ#Q]]&6"(8S.@_?=":Y4CDG"'DAWP3D M.TS9)%H$KBWB*.?2JYA=`QQ>PD?:/&BR6_I#BM*-<(^@AHJ;]B[VD>N?W."0 M>HJMKT[0B##8M_R1NKVK@*3G<5B[7IK[])*A54/#_FIE9;A_X%4+N\1:NZGV M*HHV"?>?DK\%!`7W*$+I=KK,CF2I'D4;D(A+;M.8'\2>DFN8J.`WY5PB/`]# MQ'(MB+*.FA]T5B`5RSM%_!2@*"_5+RLZQ*C0=F3'0OH-WL]0RK*/J*N"0LDE M]B]!DEYB'D&G18QH\O#SAC8@56[+=9SUV#W=L[.^N##8WQ$K))VAS`LM7^;A MAS^N<1!VJFFOO#/$ZKB<1,K1+N[\70&Q/R<2<8KKBM^\)'F53R[H%./D[*QS M<4CGNVM$G>N*.M]=(SKI073B'%'G&J+.=]>(WO0@>N,<4>=ZH-2-EG\^^N$2G[;/[= M,:+N!7V=[ZX1]?39$^=]]J2GSYXX[[,G/7WVQ'F?/>GILR<.^NQBUM^_KJN0 M=(:R;WU7*N<,X1T,$AS/((OQP#![]A&Q:UG8R6V"UU?K-0Q1D,)H^X7`!621 MM>S%,!F7/5)TR)HO$WS&A..[Q2F_B@:&5W%U3:*>%(%0E MK]`8&?4PQ/;17N-GS:J@D'26IT(,JHH@5Q@7\R"\3E?P5-L5?-BCP`T/VJ@@ MT[#OZPJ>C98L[\@EG>>M=I:.FY/BMR#D@J-A[`:!I()C811,YZ6"8V"<(;Y7 M)U]8U,#:4A@#LWK!M$_>9:N_H=.K#8&M%\Z[C;XI9S]/EW0(G`Q]XF/AY==_<7V.@S$W5)S<`];N3%+>TC0TNE'#NK`>Z^I7R<+%"R>D3@_ M6U^=#Y]E<"B+6H@W&Q8S_1T#(TYLCI=SVA[(&(&X-H:^@%ROO'/$;!M6[YXM M/27GV&L=S@6_!*6W;0@TK*/FUF[Q)0PWB[SIL=L"JALV7[IW#VCI.,_OK^PZ MBBPT\9E=TD*]%=%=5GI:[J>);+-A!)^".)UCFH/%!5&]DT69GG,&TQCR3GNZ M+/R$V0H_J[PTI9IS_+7[<@HDO&)TAFU]1?N.4'7^:`:?('7(M[\@&(62N7N? M^'AXI4=R-#1&0RW?O=(U]`R M^09>`A.$0M8S+WS%.E(FT"^J*-XE3[3T'G)N$J.J:TC:B9^^'``X\.OLX,_ M3@!+LOZ@L@[@5AZH$"O>#AX+_<#L/C4(^)0#3ESFMP?P!V;X6X.(W[K/<`_@ M#\OPVM*#@29Y[#S'O<#?S'+^QZ_]#Q9K/44O@WIQ]1>S*"7O%N\%LDH3L$1- M`1:^9;P7T")%P)(T!5/\RO%>.,LDC6,4/7V$]37M31-X"72]Y#W`EJE"5BB M)I#*7Q#>"RE+#-#4S$+LO#J\%T9V!4^,'E8I6+!T00@C=M'-%BQ-XY8^3[T7 M_C^SM,&?(GP?1(!-/](M8+?@F,7.K61&,AO,!']CJ[U*:84,R$P9:I2*1Z/W M&SUHND=9PC\9A]K>864*J2&@TN>E]\)97;PF8KWT!O`3I"H(E[3I,59?^-ZWM<7@%XL*L M(38]KU_O5WNJM-D@FKP"B\"D3Z7W-K9A"BFS8HC`;@]F[T4H-PD29HEZ.LP4 M^"'"0?A[@+('G@&.P6/QQ#/X(:#5$3Q"PNX4#:@PK8XXQP4>&;#?N\J-QO.> M1G*AL@6X,9!9`T>`&S-+;,?WN)T6MUG&@U[I-L(SS"V*"+OA9KZ22C@)VB4; M)@+^#!&@\A"NH6G6^[_[[:(ZDQ(8"`MDIOQPC=?`&Q0YO4URM$D.'X+@L4;P M*(8/[)D03>6\Z`%[8QS,#AO* MQ^V-C`BY!8?9WWWNWBBA@)_P`$'.RU`0LC-K,C@XW\$4$7Z;>1TUFT%D5-CA MCQ3&;*,>G^`N-U'$NZ.\K1/XSPT=M(T54.=]>J.3V^P$#I^5`UQ8*B?MK\`J M"VSLN:!8DLG,L1!HAY:->6\?.[.SX)@V4K[<)'Y0?L_V5*3.:Z,AS'4GEQVW M@>2)SF4$3]N;6>2K60,_W&TB"*BIP\GO#?;4=1M3,D-K%`7D%L=..&$"DLPB M^"&F_Z[8B0,0YGOS\B'Z2=][\/LM,K'$P:>R'95FP<0UT9.1B)ZX)GHZ$M%3 M1T0=T"LZ?D.(%2^RFL9?F,J&LF4[N&YV3<`X^CE.F0^H'(P-4>A_F<;8^@9X MYH9801SALG*QJ$UEUA2M6YB.63@@8$=0^-3=(>DOQ5-@\PV),;5J=)6M3!VD M>?([>[NZ^`U[MR(&IA?6.ASNS.W[*>$7:8,[0_M_JKY,<:9VSR!#5O'+]`UW MP45B.;Z96O8;-0S'19B_*8)L,M,)^D'OC9AY*Z M:#X2&'Q_Q"A.J>_/XP.&.N*B2E4&0&G!<*E4)FY0S.(TU>Z..YAY&N<\SFJ+ MV2N0&P:U?26%:<-DBVHQ)T&8.6O4N5VC)&$K.V8)EC4PLY7M]:I9,]ZXX".5 MI7GW$:>KFR"A@_0Y]T5#4]&PPA(H30%F"V3&N!.:F3--K7;^=;JD$W@"%QO" MEEM-1RI+AC6+K#>IVZS'94T1;-\9KY M"G![;*FQM&@LT">?&]DA6)LKMQ]5K.UQ+3WS>HG^'%#"*0DPH1YE0+8E M>PC954?1)JP=PS=3@9OE#"@"T(!0?6(@0('"L.=R1[MSMAX\Q_EU&1>T#4'# M0PGKCS(S(,4@-P1R2Z;+]1:G%YBF'.6T6!=QN8%SW*[DABE2NZ`RS(DRTX#: M9O_HUGBS)9D?^#$ZZ?+2.^Z,S,^_3Y1R2-8H-]ADL M63!=@EK")ILBCD/&*D%+!,-9&M0?]S'1&!OI&P1>N_*-A4U,8N9)@RSMG8ZL MRWS&+,/3JYC=/AY>PD?:D%),MO2'%*4;Y6;+F`!H"5;SHQ2A=#M=YB^S62!6,PYJUD'-/%N& MRP&8+[UIS._?FI)KF-C@1]/GEUFQ7<',A'D&YV&(6/8%4>V.;PM,*CO%Z,8M M62#T%*`H+_OF19X&R=1L@/LMX'8LM*VZG6_P?H925E[$3EUKD`I20`T"9A'D M)BWP^Q(D*;L3GSLF(5K0MOMY0YNJC3)CM@`S!C(/)3,',GN&ARL[8Y/I4:A` M:VL(J@$W/2\NH.>51_X0@RD"9<4IEHFS.Q*X,<.<;(2G2R:F=JTK7F/;;P=& MMH4X2WGG-0$-U.*7I4QB+RT8NY&N16%R=C;LWDPI91OC+XQ],WW/[:',Q%+H44#$8M90RLH3>$.W]^ M]Z\;BAV2:&N\[N0&0&G!:@42TS%7C61L;%0E,1>[/`Q1N,;/5BM5EKZC.B4D M8ZY*2;C8J%%")E99F-_\8'YG5&)^W%:BBH:.2AR3ZPIH([)M]H%*.= M(;XW,5^"-X.:IUFMZ]L#;V%S@I7="+5F?4-GMAL"+S&[VMC0A!'2Q"%(@Q=S MMRVR*^CF+,%IW'B
2#;8>`FP'<#KLLI&')V.4H,BKL#EZV.VWW>)I.1K6V,]7R.%7?FEK?!FZB^E4/!TY,%LW-[.(*G%^`;YA$88[\ZN8* M_$"RG6H)B#$(8;A99"\GX.+UINI1+9*UL<&7L&KL\.2%5`8DL_"7>/-X$8)R M&IKK.HI[S>O@E<6XW>:[IJMJ+(B?RPQL1-D[O(P'&MNTV#[12WM M2NURX9M3[6U,;7.K=<<7_*8Z:XVQT1WGMDR5&$_T%E\6/2/M?]CU1]5+`B^F M[F+*X-]B<-GHA;,+)JN[Q>:[^#FZ]?$KNTTL"VM]9C?M44_3W!VLG7+[RJ\. MRZ-HN;V=[F75I"9P99Z)F:!(5-6QRG,>3# MS719N'ZS%7XVY&NS@T;98$9=.)[^(>/$+=@B5+LKL6#$ZXPAQZA;:MP@HO[J M\VJ;WT;-2&9˾M;/!,_@$Z0QN^PN"46@T(E0_)?P*<#MT6K<%W)+AR)"4 MD.%CK3V&;LW6%%8*06>)-M$C#84$^/+;74)F+S8$W# MM-4J<\P6FR6[="!??(1I@"(;T2%FXZA8@.16"V0'-M9:!DGQAX/J=?C%#5&V*MY3BMDGGK$X%.]NJ3 M$:IZ0ZRU]JA3,ES<&P+M[!U`1J@Z)K$X1>GV@M\@&/'8UE]JMZ@[HB."O\2+#;OY;4Z3EX!NB8P(]IS""/E;IE'P M($';EO$![B5,%@0UYW42U$W1$<%7&Z8;6P8JV"S^UI89$>\W1!J/=5=`JV72 M2F9$H!A[0F-"+4V3'][^3L]/U):WU9!%D@/&8N,S1GQR=OWVA`_S/[ M_Y\B?!]$;#*9;MF6@VS'@0]GK_ M#]JEH:?.KM<&:(&4#YB_$+0.R+8;IA"#%XC[P&(&J5@X@(=087Q775F#.C+C MXU7LF!9!%XJ/.5RQ'GN%(PJ`+86W(^D-"E)9?_!+`HXJ&AV5$=GZ;YX3RV^XJ@A<2_')J$SVS3E=`)T6&9JX[/K@;L:OV( M^8-Y7S9DL0KR%Z#URW1P4N.S+[9C[%R/-1/PEVEO'>Y1')]9'5A\!Q%_YA6& ME^@)A70&SK8Z-S8BZ]'>)]4Q_?,R"DC'#H:I^D'BJ2L5?&&B@7UL;ZM\=5HG MUU7B?K#HQ>U%VZ^>Z*V>N5`V:XF"3TPT\?ODURJZ4['@F#/21\AF./%#L:E6 M.:=02(\9A>;'P%A$JX-/9X8Q1'W4EA$'#_P-&S8/ZF_@4NDQUV)J/@([//F,YJ8EK!)HWWM_OHZ:CY MP.ID-U8*-1]8G>[&2J$VYM@UA(N7#-H/F=->39>/KNKX,==>*K[A[G\[3LQ# M2V]$7KB8R_7%8YSS#8DQ!:5<>U!(^\2AQS55ROO$XTZ^@T(B.GZ_ MI#@`+.J>A.+CLTB*B&06G=,DH]+R@-,=BZI,E[7XBBZO'LWQN7TD,/C^B%&< M4D>?1R_4HZ)8WB<>-RAFL9@K'A-FX]T=S%R3\S6#J\FN/Y7Q.1>U:DZ",/.\ MJ(>\1DG"0MY*GGV:XW-+[N`C@0G-^(\X7=T$24J'?>Y:AK)@EJ:F!]QJQV:G M2SJ7)G"Q(6Q%JB_.."P!7^9"M_"95;&/`5]T_)2D:,V>>-28&,DU_9PEZ5$< MEH`'];51)C\'%&U*`HH+Q0'9EM`A9+=>19NP=FA?/+':(3D/_\4S`2Z(RY9X;.05+XL%5Z5%TA#Q#K]NY*>0]XE*'Y"R;,SALK M3A/TZ8Q\"JOW_)47-8@!T:T]4MF1\>OVIE+9D?'K]9P22:]7I=D1Y>ER#LD: MQ8JFO%M"(Y?:-4X@OQ)-7EQUD;';.(Y#EL,)6B(8SM*@_B)8MY6+I4?F4+N` MC@63Y/"[@J/G?GH5LYOUPTOX2)MPBLF6_I"B=*/8^:^E.';?I9IE-07&1MHS MD^C(C(Q7CG)<;,5+2^=QV/=F40.YEMZ8.T@J4+H.49^*'VQJU]U?1=$FX7YS M\K>`H.`>12C=3I?Y4XZ]+``1UXIY&]K"-DHM#S@I!.3 ME\J.?E9-_.*AX%1:6]`3Y.+'UJ3XV^*>L)B:&%^XQ7FMUJ81[Y;MX7F1RW,/WJ%^9T6YG=>87ZO MA?F]5YC/M#"?^8.9*FF,@[F4/Y@UQL%#4.3K3&P8E7X^!$:QR.CM,%)( M>\`A>\A[!EGL%X8[O3(N9+M7NE[D"U]P+5Y>O\4IO]P4AE=Q]59$7Q;H)3$B M6[8J.\;"Z1\-#+L-XC,LA?]7ZKQN*#))HVUNG MU`H>E(888'_]4NIYRVL73N/RN<;/@RJ<4MZ#W`:%PV@[;E M^;X7CX/:84.>7&_,N=`3),$#U%]R5\E[5#X#B\7?TA"\4:LJ#!_>I97!D@5O M%>+^L9"&OQ3B?K&8(;YO-M]NHLVFH^87*YWM-OU:?O1@-S!@)RPN\3I`D@)2 M2(]9+DOJ9%U#RR-.;)^UYM9L756/V-7ZT0M^`Z9F&Q7JCI_9'9[4H91?[ZRKZQ$_?JHA@D]!G,XQS?_B M+F3-*(=,:Q=R5J@Y!5/XJ\.41_38ZT. MT\_@$Z1SM^TO"$:A,G#5K^0CHYX3XEIZ'O)2'*_L4_&0S3`BWG&@K9J]=_]$ MO:,X'49(J#HBN_D*D72KU1_(1/U!W]/V%=+><%"T<[&@-\AU0'N"5[?]JA5& MOELD7W>%:8`BG=A3KTZ;SU%%Z)K^K?83_=]]D$#ZR_\!4$L#!!0````(`)9A M2T')^;GB508``&]*```:`!P`:6US=&IU8F%K+3(P,3(P.3,P7W!R92YX;6Q5 M5`D``_SO=E#\[W90=7@+``$$)0X```0Y`0``[5Q;;YM(%'ZOE/_`>A^05L*` MJ=,XJK?*)HU4*=E62:KM/D5C?&S/!@.:P8GS[W<&#!@8+H[!V*W[D*3,-W.^ M<^;<@+$_?EK.+>D9",6./>SH7:TC@6TZ8VQ/AYWO#]?*6>?3GR?O/OZF*-(E M`>3!6!J]2M?8@F\.MCV92C_^NKO!-O(<(CUW>UT-27](+R\O71A/$9DPH,N! M7=.9LP%%X:M9V'XZYS]&B(+$*-CT',^I]]]BA)Z&G9GGN>>J&EU1>YK>TP:& MUCEY%X#YW`C'A2U'Q.HZ9,J@FJ&&2T?X!56\5Q=H-,?'+Z@:#O!Y`T73%4./ M)G',V$M.68GHJ\%@A"4DB:-@=J?.LTJ(3SZU\ABP&,X&1'A?&!8R.0V8X!A+ M<<(R+T8(U=4?MS?WY@SF2,$V]9!M0D($+C!I9@*FSON>_J%H2H"(161V;<5- M'PP&JC_*L12?4Y_DC6,BS_?+THV6.Y:OG'\BS,"DT*'8+^5>*,YF=^# M9;_:UFM'?1NQ2PO1^GGYJVY#ZQN0B4/FW'MN`=$%@=HY9D5L19@XU`736]1O MS'CI;0A^7KI@4_B\1#ZANDFFEJ^%Y-_.'8QA[O*`CL@UQ#@A:WNG?4`C"ZZ0 MAYITVUC(&PG?SQ"!F6.-@5P#T$;XBF2\D>Y7%PC+[O9TM77-$!9+>2/E6T2> MP/MBCV&YMG&-\"X0]4;R=Y@^W8&W(';M9->6WIK<%7@(6XW85"@D)NP2H&![ M?L?!^MFGA'A8>L`V8QR2XJPW2M%QU^N8B94MWN0X9"O-"'E,BKL848\@TXM6 MM=`(K&$G!Z7NEMV_@(BF%W-;8=I@9E1@9K3"K%^!6;\-9KI6SHQAQ,%V09(L M$3'#,&-_)B(MV]ZO$*K+"I/M*>8,6^.(RX0X\URGCWH0)\?W3MXM*!/M$F>& M1YC=^+(K+L$.P=[KL,,U=@@KA,,.N^<]*-6,ZJH9!Z9:O[IJ[P]+-3_$*JK6 M#U53A97M6/*.)>]8\HXE3^2?<3[1XWQRVM7$9@`(3"^"?3-)>BS\X!0$$' M90,CSP8??AT;]/-L\QF%TM,T\DX/5Q> M+:1U1M$14R4\8NH+CBX_WFOL7V]@G/5N83X"DI:?&6_'4?.LQ+U2H$+8JVM= MO0WO"CNY2GA$<[.=JZ/L2756O?I2J=1()JTK#J4&PG!C;A?/0-`4+FQ[@:S@_&'4 M/"8)%B%K8%GFV2"VL\P";L7N@!+?EG9ZXPBQ<\6O#D3X7F*T.WQO;"'M\C"S9DG9K5 M<$^1)-522R$5W?B$LIQ4TI)6;4341>P1T6P"]%\\./Z3`V2M<>^UP[VL_/M* M9+)FCA*:ML,W1!NKD4V^8C5ZK>U%8:O#512X`YO9,-1&,WP(PL5_9ML87LB2+P(="]-&&Z:9D2SO1 M?S`!)BE%)#M>M]S+&9A/18(C0*4T(;/(EU-I0MXH3<"``#N"P``%@`<`&EM] MR`\]`CP1*?))W_MR/:#'WNF[Y\].7E!*SB0P#2D9W9,!9O!9(-FYBA>J[TVU M+N(@L,QYUQ=R$G3",`INSH=7#NHML9@K_:TC$J\[T=M]C`K1)-BXK*6PJ-?K!<[K$],]G/FHD`^%HW-V:V(N.Z:2Q@3 M)RNVO='W%.9%9NMWMJF$<=]K=-%:UVTAP3<5US@I,MAS2-8=&(HRE3B1PS9[ M'8+)9"/*QMF9(*(`J=%T<=/WP>\O+X7QH>49"G+\'XK+V.C0X@P%LC]4UTFP MUJB58;6A;3.;ZH34A&_,S;Z=6&WHH4A`B-[?C/Z!/&"L<.X!,MP%I&_`@3>TK0UR6=-K2'RGB5P3L3+Y^A^3J][G'G'/(1R'6UF_Y*==VS<2IR MAOR3T?-D!VLE]<+.T>OMDC?]?UURKA)DR1RW"U[W/JE<]R!44VK^?@!02P$" M'@,4````"`"684M!S)"JC4$<``!#DP``%@`8```````!````I($`````:6US M=&IU8F%K+3(P,3(P.3,P+GAM;%54!0`#_.]V4'5X"P`!!"4.```$.0$``%!+ M`0(>`Q0````(`)9A2T'4Q^(C"`,``)D/```:`!@```````$```"D@9$<``!I M;7-T:G5B86LM,C`Q,C`Y,S!?9&5F+GAM;%54!0`#_.]V4'5X"P`!!"4.```$ M.0$``%!+`0(>`Q0````(`)9A2T'ESI&RV2(``,/(`0`:`!@```````$```"D M@>T?``!I;7-T:G5B86LM,C`Q,C`Y,S!?;&%B+GAM;%54!0`#_.]V4'5X"P`! M!"4.```$.0$``%!+`0(>`Q0````(`)9A2T')^;GB508``&]*```:`!@````` M``$```"D@1I#``!I;7-T:G5B86LM,C`Q,C`Y,S!?<')E+GAM;%54!0`#_.]V M4'5X"P`!!"4.```$.0$``%!+`0(>`Q0````(`)9A2T$31D6UYP(``.X+```6 M`!@```````$```"D@<-)``!I;7-T:G5B86LM,C`Q,C`Y,S`N>'-D550%``/\ H[W90=7@+``$$)0X```0Y`0``4$L%!@`````%``4`V`$``/I,```````` ` end XML 9 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } EXCEL 10 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\S83@P,C`V95\X9F1D7S0U,V)?83,T95]F-C9D M8C8W8S@R,C(B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T#I%>&-E;%=O#I%>&-E;%=O6QE#I!8W1I=F53:&5E=#X-"B`@/'@Z4')O=&5C=%-T#I0#I0#I0&UL/CPA6V5N9&EF72TM/@T*/"]H96%D/@T*("`\8F]D>3X-"B`@ M(#QP/E1H:7,@<&%G92!S:&]U;&0@8F4@;W!E;F5D('=I=&@@36EC'1087)T7S-A.#`R,#9E7SAF9&1?-#4S8E]A,S1E7V8V M-F1B-C=C.#(R,@T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\S83@P M,C`V95\X9F1D7S0U,V)?83,T95]F-C9D8C8W8S@R,C(O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA M6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE MF4],T0R M('-T>6QE/3-$)V-O;&]R.B!";&%C:SL@=VED=&@Z(#$P,"4G+SX\'0^/'`@'!E;G-E'0^/'`@6]U(&UA>2!P87D@:68@>6]U(&)U>2!A;F0@:&]L9"!S:&%R97,@;V8@ M=&AE($9U;F0N/"]P/CQS<&%N/CPO6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2!F964\+W1D/@T*("`@("`@("`@("`@("`\ M=&0@8VQA6QE/3-$)V9O;G0Z(#$Q<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE'!E;G-E6]U('!A M>2!E86-H('EE87(@87,@82!P97)C96YT86=E(&]F('1H92!V86QU92!O9B!Y M;W5R(&EN=F5S=&UE;G0I/"]I/CPO<#X\'!E;G-E'!E;G-E'!E;G-E(')E:6UB=7)S96UE;G1S/"]T M9#X-"B`@("`@("`@("`@("`@/'1D(&-L87-S/3-$=&@^/'-U<#Y;,ET\+W-U M<#X\+W1D/@T*("`@("`@("`@("`@("`\=&0@8VQA'!E;G-E'!E;G-E&5S+"!L979E'!E;G-E'!E;G-EF%T M:6]N+"!O'1R86]R9&EN87)Y(&5X<&5N'!E;G-E&-E960@,2XV-24@;V8@879E2!N970@87-S971S(&]F('1H92!&=6YD("AT:&4@(D5X<&5N65A2!N970@87-S971S+B`-"@T*/"]T9#X-"B`@("`@("`@ M("`@(#PO='(^#0H@("`@("`@("`@/"]T86)L93X\&%M<&QE/"]B M/CPO:3X\+W4^/"]P/CQS<&%N/CPO6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE6]U(&EN=F5S="`D,3`L,#`P(&EN M('1H92!&=6YD(&9O6]U'!E;G-E($5X86UP;&4- M"@T*#0H-"BA54T0@)"D\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@("`@ M("`@/'1H(&-L87-S/3-$=&@^,2!996%R/&)R/CPO=&@^#0H@("`@("`@("`@ M("`@(#QT:"!C;&%S2!&=6YD($IU8F%K($=L;V)A;"!%<75I='D@1G5N M9"!3:&%R97,\+W1D/@T*("`@("`@("`@("`@("`\=&0@8VQA6QE/3-$)V9O;G0Z(#$Q<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE7,@=')A;G-A M8W1I;VX@8V]S=',L('-U8V@@87,@8V]M;6ES&%B;&4@86-C;W5N="X@5&AE'!E;G-E'0^/'`@'0^/'`@65A2!S96-U2!I;G9E2!S M:7IE(&-O;7!A;GDL(&EN8VQU9&EN9R!S;6%L;"!A;F0@;6ED(&-A<&ET86QI M>F%T:6]N(&-O;7!A;FEE2!G2!5+E,N(&)A;FMS+B!%1%)S(&%N9"!'1%)S(&AA=F4@ M=&AE('-A;64@<75A;&ET:65S(&%S($%$4G,L(&5X8V5P="!T:&%T('1H97D@ M;6%Y(&)E('1R861E9"!I;B!S979E7-I2!P;VQI8WD@2!S<&5C:69I8R!C;VUP86YI97,@=&AA="!W:6QL(&)E('!O M6EN9R!P;W=E6QE/3-$)V9O M;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$Q<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE2!C875S92!I;G9E2X\+W`^ M#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE6]U(&EN=F5S="X\+W`^#0H-"CQP M('-T>6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2!R:7-K+"!W:&EC M:"!I6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M2!2:7-K6QE/3-$)V9O;G0Z(#$Q<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE7-T M96US(&%R92!S=&EL;"!E=F]L=FEN9R!A;F0@=&AE:7(@<&]L:71I8V%L('-Y M2!L97-S('-T86)L92!T:&%N('1H;W-E(&EN M(&1E=F5L;W!E9"!E8V]N;VUI97,N($5M97)G:6YG(&UA2!M M86YA9V5D('!O&%B;&4@=')A;G-A8W1I;VYS+"!A;F0@;6%Y(&YE9V%T M:79E;'D@869F96-T('1H92!&=6YD)G)S<75O.W,@<&5R9F]R;6%N8V4N(#PO M<#X-"@T*/'`@6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2!B92!S=6)J96-T('1O(&UO6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE'1E;G0@86QL;W=E9"!B>2!T:&4@26YV97-T M;65N="!#;VUP86YY($%C="!O9B`Q.30P+"!A'0^/'`@&5S+"!I'0^/'`@6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE6QE/3-$)W9E6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N+"!4:6UEF5D M*3H\+V9O;G0^)FYB6QE/3-$)V9O;G0M9F%M M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N+"!4:6UE2!&=6YD/&)R/CPO M'0^2G5N(#,P+`T*"0DR,#$P/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@("`@("`\+W1R/@T*("`@("`@("`@("`@/'1R(&-L M87-S/3-$"!)34D@*')E9FQE8W1S M(&YO(&1E9'5C=&EO;B!F;W(@9F5E6QE/3-$)V9O M;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE7!E.B!T M97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE M860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT M96YT/3-$)W1E>'0O:'1M;#L@8VAA2`S,2P-"@D),C`Q,CQS<&%N/CPO5)E9VES=')A;G1.86UE M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#Y);G9E4-E;G1R86Q);F1E>$ME>3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^,#`P,3,Q.#,T,CQS<&%N/CPO'0^4V5P(#,P+`T*"0DR,#$R/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^4V5P(#,P+`T*"0DR,#$R/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S6QE/3-$)V9O;G0Z M(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UEF4],T0R('-T>6QE/3-$)V-O;&]R.B!" M;&%C:SL@=VED=&@Z(#$P,"4G+SX\6QE/3-$)V9O;G0Z(#$Q<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE51E>'1";&]C:SPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'`@'!E;G-E'!E;G-E'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@6]U(&UA>2!P87D@:68@>6]U(&)U>2!A;F0@:&]L M9"!S:&%R97,@;V8@=&AE($9U;F0N/"]P/CQS<&%N/CPO6QE/3-$ M)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE'!E;G-E M'0^/'`@65A M'0^ M,C`Q,RTP.2TS,#QS<&%N/CPO'1";&]C:SPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@&%M<&QE+"!A M9F9E8W0@=&AE($9U;F0F'!E;G-E'0^5&AE('1O=&%L(&%N;G5A;"!F=6YD(&]P M97)A=&EN9R!E>'!E;G-E'!E;G-E'!E;G-E2!T:&4@;W!E M&%M<&QE+"!H96%D:6YG/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$=&@^&%M<&QE/"]B/CPO:3X\+W4^/"]P/CQS<&%N/CPO&%M<&QE+"!.87)R871I=F4\+W1D M/@T*("`@("`@("`\=&0@8VQA'!E;G-E17AA;7!L94YA M'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@&%M<&QE(&ES(&EN=&5N9&5D('1O(&AE;'`@>6]U M(&-O;7!A6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE6QE M/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE&%M<&QE(&%S6]U65A'!E;G-E2!B M92!H:6=H97(@;W(@;&]W97(L(&)A4AE861I;F<\+W1D/@T*("`@("`@ M("`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`@("`@(#QT9"!C;&%S'0^/'`@2!C;VYS:61E6QE/3-$)V9O M;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UEFEN9R!T:&4@9G5L;"!V86QU M92!O9B!I=',@:6YV97-T;65N=',N/"]P/@T*/'`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`H=&AE("9L9'%U;SLQ.30P($%C M="9R9'%U;SLI+CPO<#X-"CQS<&%N/CPO6]U(&1E8VED92!W:&5T:&5R('1O(&EN=F5S="!I;B!T M:&4@1G5N9"P@8V%R969U;&QY(&-O;G-I9&5R('1H97-E(')I'0^(%1H92!&=6YD(&ES(&YO;BUD:79E M6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE4]F4F5T=7)N'0^5&AE('!E65A6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE6QE/3-$)W9E6QE/3-$)W=I M9'1H.B`T-B4[(&)O6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UEF5D*3H@/"]F;VYT/B9N8G-P.SPO=&0^ M#0H@("`@/'1D('-T>6QE/3-$)W=I9'1H.B`R-B4[(&)O'0M86QI9VXZ(&-E;G1E6QE/3-$)V9O;G0M9F%M:6QY M.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UE6QE/3-$)V)O2!2 M971U5)E='5R;DQA8F5L/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$=&5X=#Y(:6=H97-T($-A;&5N9&%R(%%U87)T97(@4F5T=7)N M(&%T($Y!5B`H;F]N+6%N;G5A;&EZ960I.B`\'0^1&5C(#,Q+`T*"0DR,#$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S2!2971U'0^3&]W97-T($-A;&5N9&%R(%%U87)T97(@4F5T=7)N M(&%T($Y!5B`H;F]N+6%N;G5A;&EZ960I.CQS<&%N/CPO2!2971U'0^4V5P(#,P+`T*"0DR,#$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'`@ M$1E9F5R6QE/3-$)V9O;G0Z(#$Q<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE"!R971U2!&=6YD('P@35-#22!! M0R!7;W)L9"!);F1E>"!)34D@*')E9FQE8W1S(&YO(&1E9'5C=&EO;B!F;W(@ M9F5E'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S2!&=6YD('P@2G5B86L@1VQO8F%L($5Q=6ET>2!&=6YD M(%-H87)E6UB;VP\ M+W1D/@T*("`@("`@("`\=&0@8VQA'0^2E5"05@\&EM=6T@&EM=6U386QE2!F964\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E'!E;G-E&%M<&QE+"`S(%E%05)3/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$=&@^&%M<&QE+"`U(%E%05)3/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$=&@^'!E;G-E($5X86UP;&4L(#$P(%E%05)3 M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^&5S M(&]N($1I&5S(&]N($1I'!E;G-E'!E;G-E'!E;G-E'!E;G-E M&5S+"!L979E'!E;G-E'!E;G-EF%T:6]N+"!O'1R86]R9&EN87)Y(&5X<&5N'!E;G-E&-E960@,2XV-24@ M;V8@879E2!N970@87-S971S(&]F('1H92!&=6YD("AT:&4@ M(D5X<&5N65A2!N970@87-S971S+B`-"CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%\S83@P,C`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`T*0FA*0E519&AC4DUI36]%249% M2U)O8DA"0U-->E5V0599;DQ20VA9:TY/16PX4F-91U)O;4IY9W!+:E4R3GIG M-4]K3D5255I(4T5L2PT*53%25E9L9%E75G!J6D=6;5HR:'!A;DXP9%A:,V5( M;#9G;T]%:%EA2&E);4MK<$]5;%IA6&U*;6%O<4]K<&%A;G%+;7%S4UN2S!T4%4Q9&)8,DYN831U4&LU96)N-D]N<3AV M4#`Y9F(S*U!N-B\Y;T%$04U"04%)4D%X14%0=T1P+T%09PT*,W=X9&5"4$1L M>&,K2$Y&;6YL,#(R:VMK:W-9;5HR35-K5-4>FUT-R]!25%8=VXO,$LK M:&8K0RM(+W=#2G!F:'@O=T%K.#A,+PT*05!92W1F.$$P4W1D1EAC:W)(:WEK M-W95."MT9$TX1EA'<5(R:2M$9$Y30V$T;'1)3#%T3W1V2VUN:3,K6D=O1UA" M2&Q3.'-G52M78PT*13589'9F.$%#0RM%+W=$;U8Y0R\X1CA0+W=!5%=6<'5K M86Q(<6UM,FMT:DEK1FAQ.3=Q8EAP:VI-57%49F%D<4E!,B]E4'1+-3-)<0T* M+TDK0V9L,V1X46PS0U1A,EIZ;B]!06=V:%`X039&9E%V+T)F1"\X044P9CA) M3#14+W=#:%@P3"]!348X4"]X3EAT5S!Q.'9R:%I,8@T*6'14,#5!9U5X5W-D M=7EK-5!Z2'I);D]E8V1C8T1J&LK<`T*;S`W07(R=F,Q9CA!:$)F0V8O47(V1B\T M3#1F+T%);6HO:$)F0V8X03!+*VAF*T,K2"\T;6PO-%(W52\K:'8Q-R]V>EIF M+TDY8V1R8PT*,G8R4&EY9E,T=D9E<6TS:G-O3&M-,79:-W1Z>51+4FYY35EX M1W5/3S5R1W97:%%G-FLQ;VIO=W5'<31U<7%.2C9S-T0O:$)F0V8X00T*,$LK M:&8K0RM(+S1M:B]H0F9#9B]!14LK:&8X06=V:"\K2G)M4-U,G9V3VLO-%%8=VXO,$LK:&8K M0RM(+T%/2F\O=T-%1CA*+PT*.4-V;U@O9W9H+SA!:6%X&-W-&EGGA:>&Q4 M:S1.-G)15"]H0F9#9B]1C1B+W=$2D\O0S,O64MT9B]22S$P=4LU>C1B+W=$2D\O0S,O64MT9B]22S!U M<%A1-DA&95EE3%`K4VHS9CA!,D-R5`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`V5U16,D]+*S5O9G=O*VE0>D1&9G@U*W(O30T*-4DI'1F5B8DQ::&0W05IB031'96QD6FEU575,:5=4 M-'!A8D$Y;F-1>'4E85E=X=U-O20T* M2D=E,E)N,49D0S)/4UDIY5C9Z1D-"FIR:F=C9&,P9FAQ0V9H>#16-7@O=T%3<3`O.45P4C%# M,F@P9&56*PT*378X06MP3C,O=T)G<7HO.4A85F5Q-$]F-E8U5C1Y1U!I5F0X M+W=$34MS+R]!161D5C4K82]W0S9Y*U@U;SEF25`Y+V@X+WE:97-/,0T*9$1A M9F,O0W5E2\W,'!' M=$$V6#139CAI4D0O04YF="]W1"ML:S%D:EA(9@T*0U%F.%520V,O=T1,-V8X M04@O8C5.6%$`T*5VE-5W1J>F(Y;VXO04I)-31G+S=D+SA!,&]I;W`S-U)8+TI(4$5( M+T%'-R]!4'!21E)84%@T*6'=Z+T%/4V-E1E`K=U1A9BMI M57!D4W5H,&5+.'`X868X;$MU+W=$%AL2&I8+VMP9#,O M,D-B4"]!3DA85F5F;0T*=BLV>2M8-6\Y9DE0.2MH."]W06U83$1T6%$R;C-0 M=W)N2\W,'!' M=`T*039F-%)J+VEH-&8K=C(O+T%04WEA=7EX6$AF0TPO:U)O9CA!CE8*UIX;CER86)Q4`T*>%$P-C,P+U5, M3S9U3%143E%J=5EO2FQD;TD@O1G500VXO64IT M4"]!15-L9$QI=0T*8BM'62]W0TQB*T90*W=4868K:55R<&-6=71J;&QU>$U5 M67!C55EP:VE9E@O04A76`T*>2].2'(U1"]!3#E$ M-2]K>3599'$V1S`K-2M&8SE99'$V1S`K-2M&9DM24'1A>%)V*VAR;DPO=EA2 M,R]1,7IL+S-P4TYA0C%0=VA(+PT*04)1,$@O6#=F+SA!<%I.6%HT%@S1D0K2$@P4BMA67(K3E`Q9C5N25A$6&IF M1E141G5)3`T*9$Q29$IV=G,X:51&;FLO93)E-V5H44)-2&=96G-J;FIP6%A9 M%8P M>3AT-U,S:74W3)"=TTY0EA867)K3)23W=":72\U2G0T5"]!3W=4868X06]L2S97=6(K1U`X M00T*>51B=VXO,D-B5"\P4VQA*V]286LY>F%.<#DS6G=7-G9M-5-E,6%6<$9Y M3T594TM%3TXS2D1D4GAX9S=R634R=%1,4&EY=T9TCA.9D-E0U(O>$MB5'`O,7A3;C%&8E$V5W9)+TA0+PT*04-5>38O-T).;B\V M3W5Q.6-X>41K+U-V22](22]W0TQM,V9*3V1*4@O9F]F4#AM5W)$=%A1,@T*;C-0=W)N4EK2"]8-V8X02]P6DY8 M859X9G=E2`T*+T9#,C5Y9BM0,B\T+W=#,WEA=7=U66YM='!O;S4U64AK57%S MDY*=CA! M8CER4T)F3'A.6C4R*U9%;EA03V,Y0FI(3V4T<@T*4D=44C5N*S!F+WE2:GA$ M+T%.=2\O<%1&4E,O=$EF.$%*1U!%6"]B=B]W0VQ-5D995F1Z<&]F0V10.$U2 M+W=!5S$X2B\Y9VDP+W=$4@T*2U8P,DLU=C191"]I,G9H4"]S15=N+V]L2S9B M1F),634S=4YX4FEN66]X5$5.>%A-+T1%9CA7,3A*+SA!64ET4"]22U8Q1TLU M;C191`T*+VDR=FA0.$$W0D9P+W=#:55P9%(Y1'!-5C5$-#7-4-T]S56(O04M' M=6-V.$%V6%(S+U$Q>FPO,W!33F%",DAW9`T*2"]&0C(O.$$Q*S,O05`V5U16 M,G5+-'8T3T0O:6=R9B]!2R]B+W=$.4Q*<3=B1F9B568T8V922#5T:68T,"]6 M+VUC5"]!1W9P=7!F1@T*4%1B8E1T4G,W=31S.4PQ0T\U:6=N5U)O1S@K>DF5O1"]I-5=G+SEG:E5F+U(Q;%A467)21U10378R M:PT*0B]X6F9X1B\R-R\K;$U61DPK,&E0*TQ,94EV*S-B+S!P:6]R1W)U9$9( M-%1P+VAG4"M,82M%=BMW4F%F*VE5&)4=VPO=T)G:3`O.0T*17!2,4@P3VQX6&HO04DY+S5+9&1F M.6=I>B\X05(Q,5AS3TLX9CAF9CAL3W5V*W=26B\X06\V-G)G>E0O04A76'DO M3DAR6D8O=C!0;@T**U1*-T1T6%$R;C-0=W)ND]/=4AV5RM+*VQP8U%7-E=I-E)F9EHU50T*;EHS:R]E,EF]O+T-D4CA,+W=$:VUN:$POB]!4%(Q,5AS5F5/+T5$+VMP.3$O,D-,4"]!3DA85F-'868W#%X<#EN8B]&:E,W>3-T3&5+.'4Y279V=$4V4DMS:S)Y5WE#-S)!>3)" M=TTY0@T*6%E6>49X8WEY+T9N4S1("]A5"\U27(T:B]!3S-B+W="2PT*67%+6#EP M5"]!2DEP-&HO-V1V.$$P<&EO510=VPO=T)G:3`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`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`W2%4O0WHO M:VU(:$0O04Q!.6XO-DE3=6]X6$TO0W-F.$%&2M/3%,R6FQV=$PQ87IK;%%35PT*361X2$=R,W=-F5/83!% M,3-B65=+1SET<'I%9U-6=#@P>7=:3$]54D-I241Y.&ID;#1/CA2 M4E=D<$-L=D)(-59G,GA%54MO>0T*8EEK-$%(2D]A04]W>%)I=5HO-%)J5G8K M:#0X4F8Y*TY0+SA!:U=J+T%)4FI6=CA!;V5015@O9FI4+SA!-49O=49J<'-5 M67)M9BM%60T*,6(O;V5015@O9FI4+W=$-49R1SA7-EIR;6HV5D)C,C-J6%AM M:VMV-TLQ26MT-T%J8DYD4E%S94Q98VA:0U(W-#8Y2TQH63%)I=5HO=T-%63%B+T%+2&IX1B\S-#`O+PT*04]285`K15DQ8B]O95!% M6"]F:E0O=T0U1F]U1FAU;R\X;%`X4"\X05E(,4PO=T)(,DYD4FEU93!R=W9* M6C8Y1G$Q.7(R<39R8W%%"53%7+W1T2C!U.#%(54IF2W,W3T8W:65485%4Q.51B6'%X;@T*4W)'3EHS=$I6:&1O-6)L;E9:4W5X:4)02'=#97`O M=71G=4TS=$,Q9E0Y93`Q3E$P93=I=DQ'4C5),&YI3U5C;S=),C`Y>'569T-/ M1`T*,4))24Y8.%9Y6'=W;$TS:'DW3%3,Y M<'=F.%=0.%,O.$%B="\V57A5578W5'8O2D1V178X03(W9BML359&6GHS3DEB M2%4O0W(O04I*9C10.$$K=TY:+W=$;PT*:$LV;79I5'B]W04(U+SA! M-#E28TQ(,EI26'AN+W=!3E,K3G8K9U@T8R\X04%E9B]!3U!59CA.4RM.=BMG M6#1C+W=$065F.$$K4%580W@Y;0T*558X6B]W1$15=FIB+V]&*TA0.$%W2&XO M05!J,4@O1%5V:F(O04M"9FAZ+W=(;B\K4%580W@Y;556.%HO.$Y3*TYV.$%O M1BM(4"]!90T*9B\T.5(O=S%,-#(O-D)F:'HO=TAN+SA!:C%&=W-F6FQ&9D=F M+T15=FIB+V]&*TA0+T%E9B]W0U!59CA!1%5V:F(O;T8K2%`O04%(;@T*+W=$ M:C%&=W-E.69T3R\X04I$=D5V+V)T+W=#;$U61F9-+VIV-"ME2U!'=FA3*SA0 M-G)984Q&6C-M>GI(=&]:5FM'>5)81T,P:$A64@T*,C9:;W%*8FQX,E`O,E$] M/0T*#0H-"BTM+2TM+3U?3F5X=%!A7!E.B!T97AT+VAT;6P[(&-H M87)S970](G5S+6%S8VEI(@T*#0H\>&UL('AM;&YS.F\],T0B=7)N.G-C:&5M M87,M;6EC XML 11 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "
"+ text.join( "

\n" ) +"
"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "
" + text[p] + "
\n"; } } }else{ formatted = '
' + raw + '
'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+'
'+formatted+'
'+ "\n"+'
'+ "\n"+'
'+raw+'
'+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } } XML 12 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6

Label Element Value

Risk/Return: rr_RiskReturnAbstract

Document Type dei_DocumentType 485BPOS

Period End Date dei_DocumentPeriodEndDate May 31, 2012

Registrant Name dei_EntityRegistrantName Investment Managers Series Trust

CIK dei_EntityCentralIndexKey 0001318342

Amendment dei_AmendmentFlag false

Creation Date dei_DocumentCreationDate Sep. 28, 2012

Effective Date dei_DocumentEffectiveDate Sep. 30, 2012

Prospectus Date rr_ProspectusDate Sep. 30, 2012

Jubak Global Equity Fund

Risk/Return: rr_RiskReturnAbstract

Risk/Return rr_RiskReturnHeading
SUMMARY SECTION

Investment objective: rr_ObjectiveHeading
Investment Objective

Investment objective rr_ObjectivePrimaryTextBlock
The Jubak Global Equity Fund (the “Fund”) seeks long term capital appreciation.

Fees and expenses of the fund: rr_ExpenseHeading
Fees and Expenses

Fees and expenses of the fund, narrative rr_ExpenseNarrativeTextBlock
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Shareholder fees, caption rr_ShareholderFeesCaption
Shareholder Fees
(fees paid directly from your investment)

Annual fund operating expenses, heading rr_OperatingExpensesCaption
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)

Date Of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2013-09-30

Portfolio turnover, heading rr_PortfolioTurnoverHeading
Portfolio Turnover

Portfolio turnover, narrative rr_PortfolioTurnoverTextBlock
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 140% of the average value of its portfolio.

Portfolio Turnover Rate rr_PortfolioTurnoverRate 140.00%

Expenses Not Correlated to Ratio Due to Acquired Fund Fees rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees The total annual fund operating expenses and net operating expenses do not correlate to the ratio of expenses to average net assets appearing in the financial highlights table, which reflects only the operating expenses of the Fund and does not include acquired fund fees and expenses.

Example, heading rr_ExpenseExampleHeading
Example

Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock
This example is intended to help you compare the costs 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:

Strategy, Heading rr_StrategyHeading
Principal Investment Strategies

Strategy, Narrative rr_StrategyNarrativeTextBlock
Under normal market conditions, the Fund will invest at least 80% of its net assets in equity securities of companies located throughout the world, including the United States, and at least 40% of its assets in companies organized, headquartered or doing a substantial amount of business outside the United States. The Fund considers a company that has, at the time of investment, at least 50% of its assets or derived at least 50% of its revenue during the most recent fiscal year from business outside the United States as doing a substantial amount of business outside the United States. The Fund will invest primarily in equity securities of companies located in developed countries and may invest up to 40% of its assets in emerging markets.

The Fund’s investments in equity securities may include common stocks, preferred stocks and convertible securities. The Fund may invest in any size company, including small and mid capitalization companies. The Fund will focus its investment in a portfolio of stocks across all industry groups, market capitalization ranges and geographic locations (but in no less than three different countries). From time to time, the Fund may have a significant portion of its assets invested in the securities of companies in one or a few countries or regions.

The Fund also may invest in American, European, and global depository receipts (“ADRs”, “EDRs”, and “GDRs”, respectively) and exchange-traded funds (“ETFs”). ADRs are receipts that represent interests in foreign securities held on deposit by U.S. banks. EDRs and GDRs have the same qualities as ADRs, except that they may be traded in several international trading markets. ETFs are investment companies that invest in portfolios of securities designed to track particular market segments or indices and that have shares which are bought and sold on securities exchanges.

The Fund advisor’s investment process is based on a large number of factors, including macro-economic trends and geopolitical issues, as well as more fundamental analysis of specific company performance, competitors and markets. The Fund’s advisor also considers other factors including political risk, monetary policy risk, and regulatory risk when selecting foreign (non-U.S.) securities. The advisor’s investment approach begins with a macro-economic approach that identifies important long-term global economic, financial, demographic, technology, and political trends and then seeks to identify specific companies that will be positively affected by these trends prior to general recognition of their consequences by markets. In choosing the specific stocks to buy to take advantage of these long-term trends the advisor looks at fundamental positioning in a company's market, management track records, competitive advantage with respect to competitors, and financial staying power, and then seeks to buy the best stocks based on these metrics whenever short-term market volatility gives the Fund an opportunity to buy these stocks at low or reasonable prices.

Risk, Heading rr_RiskHeading
Principal Risks of Investing

Risk, Narrative rr_RiskNarrativeTextBlock
Before you decide whether to invest in the Fund, carefully consider these risk factors and special considerations associated with investing in the Fund, which may cause investors to lose money.

• Investment Risks: An investment in the Fund is subject to investment risk, including the possible loss of the entire principal amount that you invest.

• Equity Risks: A principal risk of investing in the Fund is equity risk, which is the risk that the value of the securities held by the Fund will fall due to general market and economic conditions, perceptions regarding the industries in which the issuers of securities held by the Fund participate, or factors relating to specific companies in which the Fund invests.

• Foreign Investment Risks: The Fund's investments in non-U.S. issuers may involve unique risks compared to investing in securities of U.S. issuers. Adverse political, economic or social developments could undermine the value of the Fund's investments or prevent the Fund from realizing the full value of its investments.

• Currency Risks: Foreign securities that trade in, and receive revenues in, foreign currencies are subject to the risk that those currencies will decline in value relative to the U.S. dollar or, in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency being hedged.

• Emerging Markets Risks: The Fund’s investments in foreign issuers in developing or emerging market countries involve exposure to changes in economic and political factors. The economies of most emerging market countries are in the infancy stage of capital market development. As a result, their economic systems are still evolving and their political systems are typically less stable than those in developed economies. Emerging market countries often suffer from currency devaluation and higher rates of inflation.

• Management Risks: The Fund is subject to management risk because it is an actively managed portfolio. The Fund’s advisor applies investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these will produce the desired results.

• Portfolio Turnover Risk: The Fund’s turnover rate may exceed 100%. A high turnover rate (100% or more) may lead to higher transaction costs, may result in a greater number of taxable transactions, and may negatively affect the Fund’s performance.

• Non-Diversification Risks: The Fund is non-diversified, which means the Fund may focus its investments in the securities of a comparatively small number of issuers. Investment in securities of a limited number of issuers exposes the Fund to greater market risk and potential losses than if its assets were diversified among the securities of a greater number of issuers.

• Small- and Mid-Cap Company Risks: The securities of small- or mid-cap companies may be subject to more abrupt or erratic market movements and may have lower trading volumes or more erratic trading than securities of larger companies or the market averages in general.

• ETF Risks: The risk of ETFs generally reflects the risk of owning shares of the underlying securities held by the ETFs, although the lack of liquidity in an ETF could result in its value being more volatile than the underlying portfolio of securities. The Fund limits its investment in shares of other investment companies including ETFs to the extent allowed by the Investment Company Act of 1940, as amended (the “1940 Act”).

May Lose Money rr_RiskLoseMoney Before you decide whether to invest in the Fund, carefully consider these risk factors and special considerations associated with investing in the Fund, which may cause investors to lose money.

Risk, Nondiversified rr_RiskNondiversifiedStatus The Fund is non-diversified, which means the Fund may focus its investments in the securities of a comparatively small number of issuers. Investment in securities of a limited number of issuers exposes the Fund to greater market risk and potential losses than if its assets were diversified among the securities of a greater number of issuers.

Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading
Performance

Performance, Narrative rr_PerformanceNarrativeTextBlock
The performance information provided below indicates some of the risks of investing in the Fund by comparing the performance of the Fund with the performance of a broad-based market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available on the Fund’s website at www.jubakfund.com.

Performance, Information Illustrates Variability of Returns rr_PerformanceInformationIllustratesVariabilityOfReturns The performance information provided below indicates some of the risks of investing in the Fund by comparing the performance of the Fund with the performance of a broad-based market index.

Performance, Availability at Web Site Address rr_PerformanceAvailabilityWebSiteAddress www.jubakfund.com

Performance, Past Does Not Indicate Future rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.

Bar Chart, Heading rr_BarChartHeading
Annual Total Return
For each calendar year at NAV

Bar Chart, Closing rr_BarChartClosingTextBlock
The year-to-date return as of June 30, 2012 was 2.99%

Highest Calendar Quarter Return at NAV (non-annualized): 6.89% Quarter Ended 12/31/11

Lowest Calendar Quarter Return at NAV (non-annualized): (21.22)% Quarter Ended 09/30/11

Year to Date Return, Label rr_YearToDateReturnLabel year-to-date return

Year to Date Return, Date rr_BarChartYearToDateReturnDate Jun. 30, 2012

Year to Date Return rr_BarChartYearToDateReturn 2.99%

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Calendar Quarter Return at NAV (non-annualized):

Highest Quarterly Return Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2011

Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.89%

Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Calendar Quarter Return at NAV (non-annualized):

Lowest Quarterly Return Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011

Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.22%)

Performance Table: rr_PerformanceTableHeading
Average Annual Total Returns (for the periods ended December 31, 2011)

Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.

Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after–tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.

Performance Table Closing rr_PerformanceTableClosingTextBlock
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after–tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.

Jubak Global Equity Fund | MSCI AC World Index IMI (reflects no deduction for fees, expenses or taxes)

Risk/Return: rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 (7.89%)

Since Inception rr_AverageAnnualReturnSinceInception 9.93%

Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2010

Jubak Global Equity Fund | Jubak Global Equity Fund Shares

Risk/Return: rr_RiskReturnAbstract

Trading Symbol dei_TradingSymbol JUBAX

Maximum sales charge (load) imposed on purchases rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none

Maximum deferred sales charge (load) rr_MaximumDeferredSalesChargeOverOfferingPrice none

Redemption fee if redeemed within 90 days of purchase (as a percentage of amount redeemed) rr_RedemptionFeeOverRedemption (2.00%)

Wire Fee imstjubak_WireFee 20.00

Overnight check delivery fee imstjubak_CheckFee 15.00

Retirement account fees (annual maintenance and full redemption requests) rr_ShareholderFeeOther 15.00

Management fees rr_ManagementFeesOverAssets 1.20%

Distribution (Rule 12b-1) Fee rr_DistributionAndService12b1FeesOverAssets 0.25%

Other expenses rr_OtherExpensesOverAssets 0.96%

Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.02%

Total annual fund operating expenses rr_ExpensesOverAssets 2.43% ^[1]

Fee waiver and/or expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.75%) ^[2]

Total annual fund operating expenses after fee waiver and/or expense reimbursements rr_NetExpensesOverAssets 1.68% ^[1],[2]

Expense Example, 1 YEAR rr_ExpenseExampleYear01 171

Expense Example, 3 YEARS rr_ExpenseExampleYear03 686

Expense Example, 5 YEARS rr_ExpenseExampleYear05 1,228

Expense Example, 10 YEARS rr_ExpenseExampleYear10 2,709

2011 rr_AnnualReturn2011 (16.57%)

1 Year rr_AverageAnnualReturnYear01 (16.57%)

Since Inception rr_AverageAnnualReturnSinceInception (6.18%)

Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2010

Jubak Global Equity Fund | Jubak Global Equity Fund Shares | - After Taxes on Distributions

Risk/Return: rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 (16.65%)

Since Inception rr_AverageAnnualReturnSinceInception (6.23%)

Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2010

Jubak Global Equity Fund | Jubak Global Equity Fund Shares | - After Taxes on Distributions and Sale of Fund Shares

Risk/Return: rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 (10.67%)

Since Inception rr_AverageAnnualReturnSinceInception (5.24%)

Inception Date rr_AverageAnnualReturnInceptionDate Jun. 30, 2010

[1] The total annual fund operating expenses and net operating expenses do not correlate to the ratio of expenses to average net assets appearing in the financial highlights table, which reflects only the operating expenses of the Fund and does not include acquired fund fees and expenses.

[2] Effective July 1, 2011, the Fund's advisor has contractually agreed to waive its fees and/or absorb expenses of the Fund to ensure that total annual fund operating expenses (excluding taxes, leverage interest, brokerage commissions, dividend expenses on short sales, acquired fund fees and expenses as determined in accordance with Form N-1A, expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses ) do not exceed 1.65% of average daily net assets of the Fund (the "Expense Cap") . This agreement is in effect until September 30, 2013, and it may be terminated before that date only by the Trust's Board of Trustees. The Fund's advisor is permitted to seek reimbursement from the Fund, subject to limitations, for fees it waived and Fund expenses it paid for three years from the date of any such waiver or payment. Prior to July 1, 2011, the Expense Cap was 1.75% of the Fund's average daily net assets.

X

- Definition

If the value is true, then the document is an amendment to previously-filed/accepted document.

+ References

No definition available.

+ Details

Name: dei_AmendmentFlag

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition

The date the document was made available and submitted, in CCYY-MM-DD format. The date of submission, date of acceptance by the recipient, and the document effective date are all potentially different.

+ References

No definition available.

+ Details

Name: dei_DocumentCreationDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

The date when a document, upon receipt and acceptance, becomes officially effective, in CCYY-MM-DD format. Usually it is a system-assigned date time value, but it may be declared by the submitter in some cases.

+ References

No definition available.

+ Details

Name: dei_DocumentEffectiveDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.

+ References

No definition available.

+ Details

Name: dei_DocumentPeriodEndDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other".

+ References

No definition available.

+ Details

Name: dei_DocumentType

Namespace Prefix: dei_

Data Type: dei:submissionTypeItemType

Balance Type: na

Period Type: duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityCentralIndexKey

Namespace Prefix: dei_

Data Type: dei:centralIndexKeyItemType

Balance Type: na

Period Type: duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityRegistrantName

Namespace Prefix: dei_

Data Type: xbrli:normalizedStringItemType

Balance Type: na

Period Type: duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name: dei_TradingSymbol

Namespace Prefix: dei_

Data Type: xbrli:normalizedStringItemType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: imstjubak_CheckFee

Namespace Prefix: imstjubak_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: imstjubak_WireFee

Namespace Prefix: imstjubak_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition

Total Annual Fund Operating Expenses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 11

+ Details

Name: rr_AcquiredFundFeesAndExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph instructions

-Clause 3

-Exhibit a

+ Details

Name: rr_AnnualReturn2011

Namespace Prefix: rr_

Data Type: xbrli:pureItemType

Balance Type: na

Period Type: duration

X

- Definition

Return Before Taxes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph instructions

-Clause 4

+ Details

Name: rr_AverageAnnualReturnInceptionDate

Namespace Prefix: rr_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

Return Before Taxes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph iii

-Clause 1

-Exhibit 2

+ Details

Name: rr_AverageAnnualReturnSinceInception

Namespace Prefix: rr_

Data Type: xbrli:pureItemType

Balance Type: na

Period Type: duration

X

- Definition

Return Before Taxes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph iii

-Clause 1

-Exhibit 2

+ Details

Name: rr_AverageAnnualReturnYear01

Namespace Prefix: rr_

Data Type: xbrli:pureItemType

Balance Type: na

Period Type: duration

X

- Definition

Risk/Return Bar Chart and Table.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

+ Details

Name: rr_BarChartAndPerformanceTableHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph ii

+ Details

Name: rr_BarChartClosingTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Risk/Return Bar Chart and Table.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

+ Details

Name: rr_BarChartHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph ii

+ Details

Name: rr_BarChartHighestQuarterlyReturn

Namespace Prefix: rr_

Data Type: xbrli:pureItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph ii

+ Details

Name: rr_BarChartHighestQuarterlyReturnDate

Namespace Prefix: rr_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph ii

+ Details

Name: rr_BarChartLowestQuarterlyReturn

Namespace Prefix: rr_

Data Type: xbrli:pureItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph ii

+ Details

Name: rr_BarChartLowestQuarterlyReturnDate

Namespace Prefix: rr_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph ii

+ Details

Name: rr_BarChartYearToDateReturn

Namespace Prefix: rr_

Data Type: xbrli:pureItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph ii

+ Details

Name: rr_BarChartYearToDateReturnDate

Namespace Prefix: rr_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

Distribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 9

+ Details

Name: rr_DistributionAndService12b1FeesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Heading for Expense Example.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 4

+ Details

Name: rr_ExpenseExampleHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection example

-Paragraph 1

-Subparagraph 1

+ Details

Name: rr_ExpenseExampleNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 4

+ Details

Name: rr_ExpenseExampleYear01

Namespace Prefix: rr_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection example

-Paragraph 1

-Subparagraph 2

+ Details

Name: rr_ExpenseExampleYear03

Namespace Prefix: rr_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection example

-Paragraph 1

-Subparagraph 2

+ Details

Name: rr_ExpenseExampleYear05

Namespace Prefix: rr_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection example

-Paragraph 1

-Subparagraph 2

+ Details

Name: rr_ExpenseExampleYear10

Namespace Prefix: rr_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition

Risk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) 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 you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 1

-Subparagraph d

+ Details

Name: rr_ExpenseHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Include the narrative explanations in the order indicated. A Fund may modify the narrative explanations if the explanation contains comparable information to that shown. The narrative explanation regarding sales charge discounts is only required by a Fund that offers such discounts and should specify the minimum level of investment required to qualify for a discount. Modify the narrative explanation to state that Fund shares are sold on a national securities exchange at the end of the time periods indicated, and that brokerage commissions for buying and selling Fund shares through a broker are not reflected.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 1

-Subparagraph b

+ Details

Name: rr_ExpenseNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

The Fund may clarify in a footnote to the fee table that the total annual fund operating expenses under Item 3 do not correlate to the ratio of expenses to average net assets given in response to Item 8, which reflects the operating expenses of the Fund and does not include Acquired Fund fees and expenses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 3

-Subparagraph f

-Clause vii

+ Details

Name: rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Total Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 3

-Subparagraph d

+ Details

Name: rr_ExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Total Annual Fund Operating Expenses. If there were expense reimbursement or fee waiver arrangements that reduced any Fund operating expenses and will continue to reduce them for no less than one year from the effective date of the Fund's registration statement, a Fund may add two captions to the table one caption showing the amount of the expense reimbursement or fee waiver, and a second caption showing the Fund's net expenses after subtracting the fee reimbursement or expense waiver from the total fund operating expenses. The Fund should place these additional captions directly below the "Total Annual Fund Operating Expenses" caption of the table and should use appropriate descriptive captions, such as "Fee Waiver [and/or Expense Reimbursement]" and "Total Annual Fund Operating Expenses After Fee Waiver [and/or Expense Reimbursement]," respectively. If the Fund provides this disclosure, also disclose the period for which the expense reimbursement or fee waiver arrangement is expected to continue, and briefly describe who can terminate the arrangement and under what circumstances.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 11

+ Details

Name: rr_FeeWaiverOrReimbursementOverAssets

Namespace Prefix: rr_

Data Type: rr:NonPositivePure4Type

Balance Type: na

Period Type: duration

X

- Definition

This element represents the date of expected termination of any expense reimbursement or fee waiver arrangements that reduce any Fund operating expenses (SEC Form N-1A 2006-09-14 A.3.table.1.11 Total Annual Fund Operating Expenses A.3.instructions.3.e).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 3

-Subparagraph e

+ Details

Name: rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph ii

+ Details

Name: rr_HighestQuarterlyReturnLabel

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph ii

+ Details

Name: rr_LowestQuarterlyReturnLabel

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Management Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 3

-Subparagraph a

+ Details

Name: rr_ManagementFeesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Maximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 2

-Subparagraph a

-Clause i

+ Details

Name: rr_MaximumDeferredSalesChargeOverOfferingPrice

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Maximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 1

+ Details

Name: rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Total Annual Fund Operating Expenses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 11

+ Details

Name: rr_NetExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 2

-Subsection a

+ Details

Name: rr_ObjectiveHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 2

-Subsection a

+ Details

Name: rr_ObjectivePrimaryTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investment)

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 7

+ Details

Name: rr_OperatingExpensesCaption

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

"Other Expenses" include all expenses not otherwise disclosed in the table that are deducted from the Fund's assets or charged to all shareholder accounts. The amount of expenses deducted from the Fund's assets are the amounts shown as expenses in the Fund's statement of operations (including increases resulting from complying with paragraph 2(g) of rule 6-07 of Regulation S-X [17 CFR 210.6-07]). "Other Expenses" do not include extraordinary expenses as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). If extraordinary expenses were incurred that materially affected the Fund's "Other Expenses," disclose in a footnote to the table what "Other Expenses" would have been had the extraordinary expenses been included.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 3

-Subparagraph c

-Clause i

+ Details

Name: rr_OtherExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

If applicable, include a statement explaining that updated performance information is available and providing a Website address and/or toll-free (or collect) telephone number where the updated information may be obtained.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph i

+ Details

Name: rr_PerformanceAvailabilityWebSiteAddress

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Include the bar chart and table required by paragraphs (b)(2)(ii) and (iii) of this section. Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph i

+ Details

Name: rr_PerformanceInformationIllustratesVariabilityOfReturns

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Risk/Return Bar Chart and Table.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

+ Details

Name: rr_PerformanceNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Include the bar chart and table required by paragraphs (b)(2)(ii) and (iii) of this section. Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph i

+ Details

Name: rr_PerformancePastDoesNotIndicateFuture

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a table showing the Fund's (A) average annual total return; (B) average annual total return (after taxes on distributions); and (C) average annual total return (after taxes on distributions and redemption). A Money Market Fund should show only the returns described in clause (A) of the preceding sentence. All returns should be shown for 1-, 5-, and 10- calendar year periods ending on the date of the most recently completed calendar year (or for the life of the Fund, if shorter), but only for periods subsequent to the effective date of the Fund's registration statement. The table also should show the returns of an appropriate broad-based securities market index as defined in Instruction 5 to Item 22(b)(7) for the same periods. A Fund that has been in existence for more than 10 years also may include returns for the life of the Fund. A Money Market Fund may provide the Fund's 7-day yield ending on the date of the most recent calendar year or disclose a toll-free (or collect) telephone number that investors can use to obtain the Fund's current 7-day yield. For a Fund (other than a Money Market Fund or a Fund described in General Instruction C.3.(d)(iii)), provide the information in the following table with the specified captions AVERAGE ANNUAL TOTAL RETURNS (For the periods ended December 31, _____)

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph iii

+ Details

Name: rr_PerformanceTableClosingTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

This item represents Average Anuual Total Returns. If a Multiple Class Fund offers a Class in the prospectus that converts into another Class after a stated period, compute average annual total returns in the table by using the returns of the other Class for the period after conversion.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph instructions

-Clause 3

-Exhibit c

+ Details

Name: rr_PerformanceTableHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Provide a brief explanation that the actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph iv

-Clause B

+ Details

Name: rr_PerformanceTableNotRelevantToTaxDeferred

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Provide a brief explanation that after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph iii

+ Details

Name: rr_PerformanceTableUsesHighestFederalRate

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 5

+ Details

Name: rr_PortfolioTurnoverHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

This element represents the rate of portfolio turnover presented as a percentage (SEC Form N-1A 2006-09-14 A.3.example.3 Portfolio Turnover A.3.instructions.5 Portfolio Turnover).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection example

-Paragraph 3

+ Details

Name: rr_PortfolioTurnoverRate

Namespace Prefix: rr_

Data Type: xbrli:pureItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection example

-Paragraph 3

+ Details

Name: rr_PortfolioTurnoverTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

The date of the prospectus.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 1

-Subsection a

-Paragraph 3

+ Details

Name: rr_ProspectusDate

Namespace Prefix: rr_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

"Redemption Fee" (as a percentage of amount redeemed, if applicable) If the Fund is an Exchange-Traded Fund and issues or redeems shares in creation units of not less than 25,000 shares each, exclude any fees charged for the purchase and redemption of the Fund's creation units. "Redemption Fee" includes a fee charged for any redemption of the Fund's shares, but does not include a deferred sales charge (load) imposed upon redemption.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 2

-Subparagraph b

+ Details

Name: rr_RedemptionFeeOverRedemption

Namespace Prefix: rr_

Data Type: rr:NonPositivePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Narrative Risk Disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 1

+ Details

Name: rr_RiskHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Summarize the principal risks of investing in the Fund, including the risks to which the Fund's portfolio as a whole is subject and the circumstances reasonably likely to affect adversely the Fund's net asset value, yield, and total return. Unless the Fund is a Money Market Fund, disclose that loss of money is a risk of investing in the Fund. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 1

-Subparagraph i

+ Details

Name: rr_RiskLoseMoney

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Narrative Risk Disclosure. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 1

-Subparagraph i

-Clause instruction

+ Details

Name: rr_RiskNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

If applicable, state that the Fund is non-diversified, describe the effect of non-diversification (e.g., disclose that, compared with other funds, the Fund may invest a greater percentage of its assets in a particular issuer), and summarize the risks of investing in a non-diversified fund.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 1

-Subparagraph iv

+ Details

Name: rr_RiskNondiversifiedStatus

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Details

Name: rr_RiskReturnAbstract

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Risk/Return Summary Investment Objectives/Goals Include the following information, in plain English under rule 421(d) under the Securities Act, in the order and subject matter indicated

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 2

+ Details

Name: rr_RiskReturnHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Other Expenses

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 10

+ Details

Name: rr_ShareholderFeeOther

Namespace Prefix: rr_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition

Shareholder Fees (fees paid directly from your investment).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

+ Details

Name: rr_ShareholderFeesCaption

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection a

+ Details

Name: rr_StrategyHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection a

+ Details

Name: rr_StrategyNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph ii

+ Details

Name: rr_YearToDateReturnLabel

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 13 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6

Jubak Global Equity Fund

SUMMARY SECTION

Investment Objective

The Jubak Global Equity Fund (the “Fund”) seeks long term capital appreciation.

Fees and Expenses

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)

Shareholder Fees (USD $)

Jubak Global Equity Fund

Jubak Global Equity Fund Shares

Maximum sales charge (load) imposed on purchases none

Maximum deferred sales charge (load) none

Redemption fee if redeemed within 90 days of purchase (as a percentage of amount redeemed) 2.00%

Wire Fee 20.00

Overnight check delivery fee 15.00

Retirement account fees (annual maintenance and full redemption requests) 15.00

Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses

Jubak Global Equity Fund

Jubak Global Equity Fund Shares

Management fees 1.20%

Distribution (Rule 12b-1) Fee 0.25%

Other expenses 0.96%

Acquired fund fees and expenses 0.02%

Total annual fund operating expenses ^[1] 2.43%

Fee waiver and/or expense reimbursements ^[2] (0.75%)

Total annual fund operating expenses after fee waiver and/or expense reimbursements ^[1][2] 1.68%

[1] The total annual fund operating expenses and net operating expenses do not correlate to the ratio of expenses to average net assets appearing in the financial highlights table, which reflects only the operating expenses of the Fund and does not include acquired fund fees and expenses.

[2] Effective July 1, 2011, the Fund's advisor has contractually agreed to waive its fees and/or absorb expenses of the Fund to ensure that total annual fund operating expenses (excluding taxes, leverage interest, brokerage commissions, dividend expenses on short sales, acquired fund fees and expenses as determined in accordance with Form N-1A, expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses ) do not exceed 1.65% of average daily net assets of the Fund (the "Expense Cap") . This agreement is in effect until September 30, 2013, and it may be terminated before that date only by the Trust's Board of Trustees. The Fund's advisor is permitted to seek reimbursement from the Fund, subject to limitations, for fees it waived and Fund expenses it paid for three years from the date of any such waiver or payment. Prior to July 1, 2011, the Expense Cap was 1.75% of the Fund's average daily net assets.

Example

This example is intended to help you compare the costs 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:

Expense Example (USD $)

1 Year

3 Years

5 Years

10 Years

Jubak Global Equity Fund Jubak Global Equity Fund Shares
171 686 1,228 2,709

Portfolio Turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 140% of the average value of its portfolio.

Principal Investment Strategies

Under normal market conditions, the Fund will invest at least 80% of its net assets in equity securities of companies located throughout the world, including the United States, and at least 40% of its assets in companies organized, headquartered or doing a substantial amount of business outside the United States. The Fund considers a company that has, at the time of investment, at least 50% of its assets or derived at least 50% of its revenue during the most recent fiscal year from business outside the United States as doing a substantial amount of business outside the United States. The Fund will invest primarily in equity securities of companies located in developed countries and may invest up to 40% of its assets in emerging markets.

The Fund’s investments in equity securities may include common stocks, preferred stocks and convertible securities. The Fund may invest in any size company, including small and mid capitalization companies. The Fund will focus its investment in a portfolio of stocks across all industry groups, market capitalization ranges and geographic locations (but in no less than three different countries). From time to time, the Fund may have a significant portion of its assets invested in the securities of companies in one or a few countries or regions.

The Fund also may invest in American, European, and global depository receipts (“ADRs”, “EDRs”, and “GDRs”, respectively) and exchange-traded funds (“ETFs”). ADRs are receipts that represent interests in foreign securities held on deposit by U.S. banks. EDRs and GDRs have the same qualities as ADRs, except that they may be traded in several international trading markets. ETFs are investment companies that invest in portfolios of securities designed to track particular market segments or indices and that have shares which are bought and sold on securities exchanges.

The Fund advisor’s investment process is based on a large number of factors, including macro-economic trends and geopolitical issues, as well as more fundamental analysis of specific company performance, competitors and markets. The Fund’s advisor also considers other factors including political risk, monetary policy risk, and regulatory risk when selecting foreign (non-U.S.) securities. The advisor’s investment approach begins with a macro-economic approach that identifies important long-term global economic, financial, demographic, technology, and political trends and then seeks to identify specific companies that will be positively affected by these trends prior to general recognition of their consequences by markets. In choosing the specific stocks to buy to take advantage of these long-term trends the advisor looks at fundamental positioning in a company's market, management track records, competitive advantage with respect to competitors, and financial staying power, and then seeks to buy the best stocks based on these metrics whenever short-term market volatility gives the Fund an opportunity to buy these stocks at low or reasonable prices.

Principal Risks of Investing

Before you decide whether to invest in the Fund, carefully consider these risk factors and special considerations associated with investing in the Fund, which may cause investors to lose money.

• Investment Risks: An investment in the Fund is subject to investment risk, including the possible loss of the entire principal amount that you invest.

• Equity Risks: A principal risk of investing in the Fund is equity risk, which is the risk that the value of the securities held by the Fund will fall due to general market and economic conditions, perceptions regarding the industries in which the issuers of securities held by the Fund participate, or factors relating to specific companies in which the Fund invests.

• Foreign Investment Risks: The Fund's investments in non-U.S. issuers may involve unique risks compared to investing in securities of U.S. issuers. Adverse political, economic or social developments could undermine the value of the Fund's investments or prevent the Fund from realizing the full value of its investments.

• Currency Risks: Foreign securities that trade in, and receive revenues in, foreign currencies are subject to the risk that those currencies will decline in value relative to the U.S. dollar or, in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency being hedged.

• Emerging Markets Risks: The Fund’s investments in foreign issuers in developing or emerging market countries involve exposure to changes in economic and political factors. The economies of most emerging market countries are in the infancy stage of capital market development. As a result, their economic systems are still evolving and their political systems are typically less stable than those in developed economies. Emerging market countries often suffer from currency devaluation and higher rates of inflation.

• Management Risks: The Fund is subject to management risk because it is an actively managed portfolio. The Fund’s advisor applies investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these will produce the desired results.

• Portfolio Turnover Risk: The Fund’s turnover rate may exceed 100%. A high turnover rate (100% or more) may lead to higher transaction costs, may result in a greater number of taxable transactions, and may negatively affect the Fund’s performance.

• Non-Diversification Risks: The Fund is non-diversified, which means the Fund may focus its investments in the securities of a comparatively small number of issuers. Investment in securities of a limited number of issuers exposes the Fund to greater market risk and potential losses than if its assets were diversified among the securities of a greater number of issuers.

• Small- and Mid-Cap Company Risks: The securities of small- or mid-cap companies may be subject to more abrupt or erratic market movements and may have lower trading volumes or more erratic trading than securities of larger companies or the market averages in general.

• ETF Risks: The risk of ETFs generally reflects the risk of owning shares of the underlying securities held by the ETFs, although the lack of liquidity in an ETF could result in its value being more volatile than the underlying portfolio of securities. The Fund limits its investment in shares of other investment companies including ETFs to the extent allowed by the Investment Company Act of 1940, as amended (the “1940 Act”).

Performance

The performance information provided below indicates some of the risks of investing in the Fund by comparing the performance of the Fund with the performance of a broad-based market index. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available on the Fund’s website at www.jubakfund.com.

Annual Total Return
For each calendar year at NAV

The year-to-date return as of June 30, 2012 was 2.99%

Highest Calendar Quarter Return at NAV (non-annualized): 6.89% Quarter Ended 12/31/11

Lowest Calendar Quarter Return at NAV (non-annualized): (21.22)% Quarter Ended 09/30/11

Average Annual Total Returns (for the periods ended December 31, 2011)

Average Annual Total Returns Jubak Global Equity Fund

1 Year

Since Inception

Inception Date

Jubak Global Equity Fund Shares
(16.57%) (6.18%) Jun. 30, 2010

Jubak Global Equity Fund Shares - After Taxes on Distributions
(16.65%) (6.23%) Jun. 30, 2010

Jubak Global Equity Fund Shares - After Taxes on Distributions and Sale of Fund Shares
(10.67%) (5.24%) Jun. 30, 2010

MSCI AC World Index IMI (reflects no deduction for fees, expenses or taxes)
(7.89%) 9.93% Jun. 30, 2010

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after–tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: imstjubak_CheckFee

Namespace Prefix: imstjubak_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: imstjubak_WireFee

Namespace Prefix: imstjubak_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition

Total Annual Fund Operating Expenses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 11

+ Details

Name: rr_AcquiredFundFeesAndExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Contains a command for the SEC Viewer for the role corresponding to OperatingExpensesData.

+ References

No definition available.

+ Details

Name: rr_AnnualFundOperatingExpensesTableTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph instructions

-Clause 3

-Exhibit a

+ Details

Name: rr_AnnualReturn2011

Namespace Prefix: rr_

Data Type: xbrli:pureItemType

Balance Type: na

Period Type: duration

X

- Definition

Risk/Return Bar Chart and Table.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

+ Details

Name: rr_BarChartAndPerformanceTableHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph ii

+ Details

Name: rr_BarChartClosingTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Risk/Return Bar Chart and Table.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

+ Details

Name: rr_BarChartHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Contains a command for the SEC Viewer for the role corresponding to BarChartData.

+ References

No definition available.

+ Details

Name: rr_BarChartTableTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Distribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 9

+ Details

Name: rr_DistributionAndService12b1FeesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Heading for Expense Example.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 4

+ Details

Name: rr_ExpenseExampleHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection example

-Paragraph 1

-Subparagraph 1

+ Details

Name: rr_ExpenseExampleNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Contains a command for the SEC Viewer for the role corresponding to ExpenseExample.

+ References

No definition available.

+ Details

Name: rr_ExpenseExampleWithRedemptionTableTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Risk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) 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 you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 1

-Subparagraph d

+ Details

Name: rr_ExpenseHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Include the narrative explanations in the order indicated. A Fund may modify the narrative explanations if the explanation contains comparable information to that shown. The narrative explanation regarding sales charge discounts is only required by a Fund that offers such discounts and should specify the minimum level of investment required to qualify for a discount. Modify the narrative explanation to state that Fund shares are sold on a national securities exchange at the end of the time periods indicated, and that brokerage commissions for buying and selling Fund shares through a broker are not reflected.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 1

-Subparagraph b

+ Details

Name: rr_ExpenseNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Total Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 3

-Subparagraph d

+ Details

Name: rr_ExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Total Annual Fund Operating Expenses. If there were expense reimbursement or fee waiver arrangements that reduced any Fund operating expenses and will continue to reduce them for no less than one year from the effective date of the Fund's registration statement, a Fund may add two captions to the table one caption showing the amount of the expense reimbursement or fee waiver, and a second caption showing the Fund's net expenses after subtracting the fee reimbursement or expense waiver from the total fund operating expenses. The Fund should place these additional captions directly below the "Total Annual Fund Operating Expenses" caption of the table and should use appropriate descriptive captions, such as "Fee Waiver [and/or Expense Reimbursement]" and "Total Annual Fund Operating Expenses After Fee Waiver [and/or Expense Reimbursement]," respectively. If the Fund provides this disclosure, also disclose the period for which the expense reimbursement or fee waiver arrangement is expected to continue, and briefly describe who can terminate the arrangement and under what circumstances.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 11

+ Details

Name: rr_FeeWaiverOrReimbursementOverAssets

Namespace Prefix: rr_

Data Type: rr:NonPositivePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Management Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 3

-Subparagraph a

+ Details

Name: rr_ManagementFeesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Maximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 2

-Subparagraph a

-Clause i

+ Details

Name: rr_MaximumDeferredSalesChargeOverOfferingPrice

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Maximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 1

+ Details

Name: rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Total Annual Fund Operating Expenses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 11

+ Details

Name: rr_NetExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 2

-Subsection a

+ Details

Name: rr_ObjectiveHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 2

-Subsection a

+ Details

Name: rr_ObjectivePrimaryTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investment)

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 7

+ Details

Name: rr_OperatingExpensesCaption

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

"Other Expenses" include all expenses not otherwise disclosed in the table that are deducted from the Fund's assets or charged to all shareholder accounts. The amount of expenses deducted from the Fund's assets are the amounts shown as expenses in the Fund's statement of operations (including increases resulting from complying with paragraph 2(g) of rule 6-07 of Regulation S-X [17 CFR 210.6-07]). "Other Expenses" do not include extraordinary expenses as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). If extraordinary expenses were incurred that materially affected the Fund's "Other Expenses," disclose in a footnote to the table what "Other Expenses" would have been had the extraordinary expenses been included.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 3

-Subparagraph c

-Clause i

+ Details

Name: rr_OtherExpensesOverAssets

Namespace Prefix: rr_

Data Type: rr:NonNegativePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Risk/Return Bar Chart and Table.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

+ Details

Name: rr_PerformanceNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

If the Fund has annual returns for at least one calendar year, provide a table showing the Fund's (A) average annual total return; (B) average annual total return (after taxes on distributions); and (C) average annual total return (after taxes on distributions and redemption). A Money Market Fund should show only the returns described in clause (A) of the preceding sentence. All returns should be shown for 1-, 5-, and 10- calendar year periods ending on the date of the most recently completed calendar year (or for the life of the Fund, if shorter), but only for periods subsequent to the effective date of the Fund's registration statement. The table also should show the returns of an appropriate broad-based securities market index as defined in Instruction 5 to Item 22(b)(7) for the same periods. A Fund that has been in existence for more than 10 years also may include returns for the life of the Fund. A Money Market Fund may provide the Fund's 7-day yield ending on the date of the most recent calendar year or disclose a toll-free (or collect) telephone number that investors can use to obtain the Fund's current 7-day yield. For a Fund (other than a Money Market Fund or a Fund described in General Instruction C.3.(d)(iii)), provide the information in the following table with the specified captions AVERAGE ANNUAL TOTAL RETURNS (For the periods ended December 31, _____)

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph iii

+ Details

Name: rr_PerformanceTableClosingTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

This item represents Average Anuual Total Returns. If a Multiple Class Fund offers a Class in the prospectus that converts into another Class after a stated period, compute average annual total returns in the table by using the returns of the other Class for the period after conversion.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 2

-Subparagraph instructions

-Clause 3

-Exhibit c

+ Details

Name: rr_PerformanceTableHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Contains a command for the SEC Viewer for the role corresponding to PerformanceTableData.

+ References

No definition available.

+ Details

Name: rr_PerformanceTableTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 5

+ Details

Name: rr_PortfolioTurnoverHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection example

-Paragraph 3

+ Details

Name: rr_PortfolioTurnoverTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

"Redemption Fee" (as a percentage of amount redeemed, if applicable) If the Fund is an Exchange-Traded Fund and issues or redeems shares in creation units of not less than 25,000 shares each, exclude any fees charged for the purchase and redemption of the Fund's creation units. "Redemption Fee" includes a fee charged for any redemption of the Fund's shares, but does not include a deferred sales charge (load) imposed upon redemption.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection instructions

-Paragraph 2

-Subparagraph b

+ Details

Name: rr_RedemptionFeeOverRedemption

Namespace Prefix: rr_

Data Type: rr:NonPositivePure4Type

Balance Type: na

Period Type: duration

X

- Definition

Narrative Risk Disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 1

+ Details

Name: rr_RiskHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Narrative Risk Disclosure. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection b

-Paragraph 1

-Subparagraph i

-Clause instruction

+ Details

Name: rr_RiskNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Risk/Return Summary Investment Objectives/Goals Include the following information, in plain English under rule 421(d) under the Securities Act, in the order and subject matter indicated

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 2

+ Details

Name: rr_RiskReturnHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Other Expenses

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

-Subparagraph 10

+ Details

Name: rr_ShareholderFeeOther

Namespace Prefix: rr_

Data Type: rr:NonNegativeMonetaryType

Balance Type: na

Period Type: duration

X

- Definition

Shareholder Fees (fees paid directly from your investment).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 3

-Subsection table

-Paragraph 1

+ Details

Name: rr_ShareholderFeesCaption

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Contains a command for the SEC Viewer for the role corresponding to ShareholderFeesData.

+ References

No definition available.

+ Details

Name: rr_ShareholderFeesTableTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection a

+ Details

Name: rr_StrategyHeading

Namespace Prefix: rr_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Form

-Number N-1A

-Chapter A

-Section 4

-Subsection a

+ Details

Name: rr_StrategyNarrativeTextBlock

Namespace Prefix: rr_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

GRAPHIC 14 BarChart1.jpg IDEA: XBRL DOCUMENT begin 644 BarChart1.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``8$!08%!`8&!08'!P8("A`*"@D) M"A0.#PP0%Q08&!<4%A8:'24?&ALC'!86("P@(R8G*2HI&1\M,"TH,"4H*2C_ MVP!#`0<'!PH("A,*"A,H&A8:*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H M*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"C_P``1"`$L`(<#`2(``A$!`Q$!_\0` M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4% M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D* M%A<8&1HE)B7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#I_`/@WPQ= M>!/#EQ<^'-%FGETVVDDDDL8F9V,2DL25R23SFM[_`(07PG_T*^A?^"^'_P") MI?AQ_P`D\\+_`/8*M?\`T2M=%7/M*YW(J_(^"?EW=Q0EW"3:V M9SG_``@OA/\`Z%?0O_!?#_\`$T?$+X3_P"A7T+_`,%\/_Q-7M6TJ\OKA9+; M7M3TY`@4Q6L=NRDY/S'S(G.><=<<#CKGG/"5AK&L>%=&U.Y\6ZTL][90W,BQ MP604,Z!B!FW)QD^IHT[`KVOJFWCLH+D,UO9[MSR M3*1GR,8Q&N..YK&O6A0@ZDUHCHPN&JXNJJ-)ZL[#_A!?"?\`T*^A?^"^'_XF MC_A!?"?_`$*^A?\`@OA_^)KFK9=6MN0\%F1MEN(XV/^HZXE<418R"NVOO.D_X07PG_T* M^A?^"^'_`.)H_P"$%$_]"OH7_@OA_\`B:QKFSUF+.WQ;K)^L%E_\CUDW,VO MQ9V^*]5/UM[/_P",4GF^&7?[BX\/XV6S7WG7_P#""^$_^A7T+_P7P_\`Q-'_ M``@OA/\`Z%?0O_!?#_\`$UA^";;6M=\/I?7?BW64F-Q_[\V7_P`CUZ46I14DMSQ9QE3DX-ZK03_A!?"?_0KZ M%_X+X?\`XFC_`(07PG_T*^A?^"^'_P")JO9)J.F^,["QGUR_U*UNK"ZG9+J. MW7:\*Y[X;_`/)._"W_`&"K7_T2M='BNE;'#+=C<48IV*,4 MR1N*YSX;_P#)._"W_8*M?_1*UTN*YSX;_P#)._"W_8*M?_1*TNI70Z'%>8>+ M/^2CW?\`V"K3_P!'75>HXKR_Q;_R4B[_`.P5:?\`HZZKSLV_W67R_-'LL.U=#:?<_"ODHGW58HW_0USE_WKH[_H:YR_[TI&M` MWOA3_P`B7%_U^WW_`*635U^*Y'X4?\B5%_U^WW_I9-788K[JA_"CZ(_+L7_' MGZO\SC?[5T[4/B9IUO87]I=3VFFW\=Q'#,KM"WG6@VN`O MO^2B:)_V"K__`-'6=='BM$8RZ'G'[0O_`"1_7_\`MW_]*(Z*7]H;_DC^O_\` M;O\`^E$=%<]?XCNPOP/U.D^&W_).O"W_`&"K7_T2M='7._#8?\6Z\+?]@JU_ M]$K71XKH6QQ2W8E%+BC%,D2N<^&W_).O"W_8*M?_`$2M=)BN<^&P_P"+=>%O M^P5:_P#HE:74KH=%7E_B[_DI%W_V"K/_`-'75>HXKR[Q?_R4B[_[!5G_`.CK MJO/S;_=9?+\T>QP__O\`#Y_DS0L.U=#:?<_"N>L.U=#:?<_"ODHGW-8HW_0U MSE_WKH[_`*&NV M>[>A0!,'IAFSUXZ5UE<[?C_BXNA_]@J__P#1UG71XK1=3%]#SC]H?_DCVO\` M_;O_`.E$=%+^T./^+/>(/^W?_P!*(Z*YZWQ';A?@?J=)\-A_Q;KPM_V"K7_T M2M=)BN=^&H_XMSX5_P"P5:_^B5KI,5T+8XY;L;BC%.Q1BF(;BN;^&P_XMUX6 M_P"P5:_^B5KIL5S?PU'_`!;GPK_V"K7_`-$K2ZCZ'18KRWQA_P`E)N_^P59_ M^CKJO5,5Y7XQ_P"2DW?_`&"K/_T==5YV;?[K+Y?FCV.'_P#?X?/\F7[#M70V MGW/PKGK#M70VGW/PKY.)]Q6*-_T-;;+9A=[`9;`X&>E=9BN4N+B63XI:;`]G<0Q MPZ5>[+AV0I/F6S)V`,6&WH=RK[9'-=;BM%U,GT/-OVB!_P`6=\0?]N__`*41 MT4[]HD?\6<\0?]N__I1%17/6^([,-\#.D^&O_).?"O\`V"K3_P!$K725SGPT M_P"2<^%?^P3:?^B5KH+E9FMI5M7CCN"A$;R(756QP2H()&>V1GU%="V.26[, M?7_$4&CWEA8BVN+W4;_S#;VEN\2/(L8!<@RNBG&Y>`=V#D`@,1MURGB"VUG4 M=&?0IK7[1=W<1!UB!$@MK5]Q*R+&TK2B2/"NNT$%POS)R5ZS%"!K02N;^&O_ M`"3GPK_V"K3_`-$K5_5])O+ZY66UU_4]-0(%,5K';,K')^8^;$YSSCKC@<=< MT?AJ"?AQX5YQ_P`2JT_]$I1U"VAT=>5^,O\`DI-W_P!@JS_]'75>JX.?Z5Y5 MXR&/B5=\_P#,*L__`$==5Y^:_P"ZR^7YH]?(/]_A\_R9>L.U=#:?<_"N>L.U M=#:?<_"ODXGV]8HW_0USE_WKH[_H:YR_[TI&M`Z7X2?\B1#_`-?M_P#^EDU= MC7'?"0?\41"<_P#+[?\`'_;Y-76W,3S6\T<<\D#NI598PI:,D8W+N!&1UY!' MJ#TK[FA_"CZ(_,L5_'GZO\SG[_\`Y*-H?_8*U#_T=9UTE<7:Z==6'Q&TC[7K M-_J>_2;[;]K2!?+Q-9YV^5&G7/.<]!C'.>UQ6B,6MCS;]HG_`)(YX@_[=_\` MTHBHIW[17_)'/$'_`&[_`/I1%17/6^(Z\-\)TOPT'_%N/"O_`&";3_T2M=)B MN<^&?_)./"G_`&";3_T2E=+BMUL%?^P3:? M^B5KIL5S7PS_`.2<>%/^P3:?^B4I=2NAT>*\I\:?\E*N_P#L$V?_`*.NJ]8Q M7E'C7_DI=W_V";/_`-'75>?FO^ZR^7YH]?(/]^A\_P`F7+#M70VGW/PKGK#M M70VGW/PKY2)]M6*-_P!#7.7_`'KH[_H:YR_[TI&M`Z?X1C_BAX?^OV__`/2R M:NRQ7'?"+_D1H?\`K]O_`/TLFKL\5]Q0_A1]$?F>*_CS]7^9QG]K:;J/Q0TZ MWT_4+.ZN+33-0CN8H)E=H&\^T&UP#E3E6&#Z'TKL<5SE_P#\E'T+_L$ZA_Z. MLJZ7%:(Q?0\U_:+'_%F_$/\`V[_^E$5%+^T9_P`D:\0_]N__`*4145A6^(Z\ M/\)TOPS'_%N/"G_8)M/_`$2E=+BN;^&8_P"+;^%/^P3:?^B4KI<5NMCEENQ, M48I<48IDB8KFOAF/^+<>%/\`L$VG_HE*Z;%3^-?\`DI=W_P!@FS_]'75>LXKR;QM_R4NZ_P"P39_^CKJO/S7_`'67 MR_-'KY#_`+]#Y_DRY8=JZ&T^Y^%<]8=JZ&T^Y^%?*1/M:Q1O^AKG+_O71W_0 MUSE_WI2-:!U/PA'_`!0T'_7[?_\`I9-79XKC?A"/^*%@_P"OV_\`_2R:NSQ7 MW%#^''T1^:8K^-/U?YG(7#7C?%33%N(+=+1=)OOL\B3%GD_>V>[>A0!,'@89 MLCGCI778KF[\?\7(T+_L$ZA_Z.LJZ7%:(Q?0\U_:,'_%FO$/_;O_`.E$5%+^ MT:/^+->(?^W?_P!*(J*PJ[G5A_A.F^&0_P"+;^%/^P3:?^B4KI<5S?PR_P"2 M;>$_^P3:?^B4KIJV6QS/<;BC%.HIDC<5S7PR'_%M_"G_`&";3_T2E=/7,_#+ M_DFWA/\`[!-I_P"B4I=2NATF*\E\;_\`)2[K_L$V?_HZZKURO)/''_)3+K_L M$V?_`*.NJ\_-?]UE\OS1ZV0_[]#Y_DRU8=JZ&T^Y^%<]8=JZ&T^Y^%?*Q/M: MQ1O^AKG+_O71W_0USE_WI2-:!U?P@'_%"P?]?M__`.EDU=IBN-^#_P#R(D'_ M`%^W_P#Z635VE?;T/X>F1S77UHC)]#S/\`:-'_`!9GQ#_V[_\`I1%12_M'?\D8\0_]N_\`Z4Q4 M5A5W.FA\)T_PR_Y)MX3_`.P3:?\`HE*Z6N;^&/\`R3;PG_V";3_T2E:^H1:D M]S:-I]W9P6ZOFY2>U:5I%R.$82*$.-W)#=1QQ@[K8YVM3+/BRP%MK$PAO"=- MOETUHVAV--.XBV+&&(X9ID4,VU3G.=OS5>T+5X]6BN?]&N+2YM9O(N;:XV;X M7V*X!*,R'*.C95B,-@X((')7&EZM=_\`"5_\2JXBWZY9:G:^9+#_`*5%!]EW M!,.<,?LK;0^P?.F2/FV]!X2M;M)M&'#[&9"1_Q*;3I_UQ2GU%;0Z6O(_'/_ M`"4RZ_[!-G_Z.NJ]'_%"VYR?^/V_X_P"WR:NPN8GFMIHH MYY8'D4JLL84M&2,;EW`C(Z\@CU!'%?;T/XXK1&31YG^T?_R1CQ#_`-N__I3%12_M(?\`)&/$7_;O_P"E,5%85=SIH?"= M/\,1_P`6U\)_]@BT_P#1*5TV*YOX8#_BVOA/_L$6G_HE*Z;%;+8YWN-Q1BG8 MHQ3$-Q7,_#$?\6U\)_\`8(M/_1*5U&*YGX8#_BVOA/\`[!%I_P"B4I=1]#I, M5Y#X[_Y*;=?]@BS_`/1UU7L&*\@\>?\`)3;K_L$6?_HZZK@S3_=9?+\T>MD7 M^_0^?Y,L6':NAM/N?A7/6':NAM/N?A7RL3[.L4;_`*&NH#_BY6@_]@C4?_1UE738K1&3/,OVD!_Q9?Q%_V[_^E,5%+^TB M/^++>(O^W;_TIBHK&KN=%'X3I_A@/^+:^$O^P1:?^B4KIL5S7PP'_%M/"7_8 M(M/_`$2E=-BMEL8/<3%&*7%&*!"8KF?A@/\`BVOA+_L$6G_HE*Z?%V6[>A0!,'@89LCGCI788KFM0'_`!9? MM)#_`(LMXB_[=O\`TIBHI?VDA_Q97Q%_V[?^E,5%8U-SHH_"=1\+_P#DFGA+ M_L$6G_HE*Z:N:^%__)-/"7_8(M/_`$2E=-6JV,'N)12T4Q"5S/PO_P"2:>$O M^P1:?^B4KIZYGX7_`/)-/"7_`&"+3_T2E+J/H=+7CWC_`/Y*?=?]@BS_`/1U MU7L5>._$#_DI]U_V"+/_`-'75<&:?[K+Y?FCU*\N](OOM$Z1*LDVR6R"[V`RV!P,]!785R%Q(;N7[1;VNA320WDDT#+C9$DK,JXW,NUQ@X^;&5R"";/AW53K6F) M??8+BSBEPT0FEAD\U"H*R*T,CJ5.>.<\=,8)P]%?4].U#QE=RZ!J+K/J,<]H MDW]TLMIXBU M73$"!3#:1VS(QR3N/FPNV><<''`XZYH?#`9^&7A'!(_XE%GT_P"N*4=0MH=/ M7CGQ!_Y*?<_]@BS_`/1UU7L>/F!R<8Z5XW\0!CXH7?).=(L_P_?75<.:?[M+ MY?FCUHZKYFD:AM^V);KY>)K+.WRH MDZY&8?M*_\D4\1_\`;M_Z4Q44O[2O_)$_$?\`V[?^E,5% M95-S:EL=1\+A_P`6S\(_]@BT_P#1*5U&*YGX6C_BV7A'_L#V?_HE*Z?%:HR> MXF*,4N*,4Q"8KE_AS_]$I2Z MCZ'38KQKXA?\E0N?^P19_P#HZ[KV;%>-?$N*ZA^(TMTNFZK<6TFE6L:RVFGS MW";EFN2RDQHP!`=3@^HKBS&,IX>48J[T_-'I9/.-/&0E-V6N_HQ]AVKH;3[G MX5Q]IJ+1XWZ3XB'_`'`[W_XU6S;Z]"BX;3?$0./^@#??_&:^<6&K?R/[F?5U M<70>TU]Z+-_T-LI)G9I?B(_]P*]_^-5BW=W+)G9H_B(_]P.\_P#C M52\-6_D?W,THXS#K>I'[T>B?!NXQ7&?!ZWN+;P#:)=V MUQ:RM=7LGE7$+12!7NYF4E&`(RI!Y'0UVF*^OI:4XI]D?!8AIU9-=W^9Q']L M:9J7Q6TRVT[4;*[N+/2]1CN8H)UD>!O/LQM<`Y4Y5A@XZ'TKML5S.H#_`(N; MH'_8'U'_`-'6-=/BK1FSR_\`:6'_`!9/Q'_V[?\`I3%13OVEQ_Q9+Q'_`-NW M_I3%1653[% M0>*T-1L+BZNK.6#5;VRC@?=)#`L)2X&0=K[XV8#@CY"I^8\],<=J'A/5]3M? M%UO=K901ZAJMKJ5F8+V4.X@%N`CLJ*T);[*OSH7*^8<9V#<`D=AHVH/J=JUP MUA>V4>\B(7:JCRI@$2!0Q90<_=<*XP=RBL'2O&L6L:0-3TC1M5OK*9PME);F M!A>#YLLI\W$8`0Y\[RR#A<;SMI?#&CZIH&E7:6EAI4)N+EYXM-@N62ULE\D* M(XF$7(:1-[8C7!F((I/$.J&+2K/5+VVC2VLX[B2>V\^-9`L\K^ M7&Q+;HT;"YV0I\QX"@6$T3QWIFJW]G8^1>VE[1\Y*$D@,0-V-RY4JS85Q MX.A;0M)\/Q",Z3;6!TVXN)<-=26VU%,"L%`42!!O<8("`*`Q#QW_``]IFK66 MIZQ-J>I_;+:YFWVT6/\`5C MM\6]+2XM[>.S71[_`.SRI.SR2?O;+=O0H`F#P,,V1SQTKL<5S.H#_BYV@?\` M8'U'_P!'6-=1BDAL\O\`VE_^2)>(_P#MV_\`2F*BE_:8'_%D?$G_`&[?^E,5 M%9SW-:>QU'PL_P"28^$/^P/9_P#HE*ZC%7>CW_VB>.)5DFV2V(7>P&6P.!GH*[+%_P#+N9&C M,=QF6Q)V!6+#;T.Y5YZ9'-=EBA#9Y=^TS_R1'Q)_V[?^E,5%+^TU_P`D0\2? M]NW_`*4Q45G/65O;(^;I+BT:9Y5R.$82($.-W)#]1QQ@VC-G/R^.+2V9 MEOM+U:SDE026,=Q'&KWP,L<2[%WDQDO/`N)A&1Y@R!M?;LZ!K$>L0W/^BW-G M=6DWV>YM;G89(7V*X!*,R'*2(V58C#8.""!P&IVGB3Q)J;7M]X6O;.2S>.:T M$UW;86*&]MIS$@25M\TRP9+.41"B(#R\C=EX.L[R.;7M0O[.2Q.J7XNH[69T M:6)5MH((]5TN,(%,-I':LC').X^;"[9YQP<<#CKG&TKP3>Z5I=GIUAXS\116= MI"EO!'Y5@VQ$4*HR;8DX`').:`.PQ1BN9_X1C5O^AX\1?]^-/_\`D6C_`(1C M5O\`H>/$7_?C3_\`Y%HN%CIL48KF?^$8U;_H>/$7_?C3_P#Y%K&\6Z9KFCZ5 M!+8/$7_?C3_P#Y%HN%ANH_\E/\/_\`8'U+_P!'V-=1BN>T MKPO)9Z]%JU]KVJZKS_\` M1"5U.*Y?X5?\DO\`!_\`V![/_P!$)74XJT0Q,48I<48H$)BC%+BC%`"8HQ2X MHQ0!4U6_MM)TN\U'4)?*L[.%[B>3:6V1HI9C@`DX`/`&:BM=7T^[UB_TJVNX MI=0L$BDNH4.3")=Q3<>@)"$XZXP<8(S;N[:&\M9K:[ACGMID:.6*50R2*1@J MP/!!!((-I_NM@N,W MM"U?3]>TU-0T>[BO+&1Y(TGB.4+]"T'3=)M-.T![:PMHK6)I8)BY2-0H+$2@ M9P!G`%7_`/AJ7QM_T"_#G_@//_\`'JJXK'V917QG_P`-2^-O^@7X<_\``>?_ M`./4?\-2^-O^@7X<_P#`>?\`^/4[BL?9E%?&?_#4OC;_`*!?AS_P'G_^/4?\ M-2^-O^@7X<_\!Y__`(]1<+'V917QG_PU+XV_Z!?AS_P'G_\`CU'_``U+XV_Z M!?AS_P`!Y_\`X]1<+'V917QG_P`-2^-O^@7X<_\``>?_`./4?\-2^-O^@7X< M_P#`>?\`^/47"Q]F45\9_P##4OC;_H%^'/\`P'G_`/CU'_#4OC;_`*!?AS_P M'G_^/47"Q]F45\9_\-2^-O\`H%^'/_`>?_X]1_PU+XV_Z!?AS_P'G_\`CU%P ML?9E%?&?_#4OC;_H%^'/_`>?_P"/4?\`#4OC;_H%^'/_``'G_P#CU%PL>]?M M._\`)#O$O_;M_P"E,5%?,_COX^>*/&OA2^\/ZK8:+%9WFSS'MH95D&R17&"T -A'51VZ9HJ);EQV/_V0`` ` end XML 15 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 6 75 1 true 5 0 false 4 false true R1.htm 010000 - Document - Risk/Return Summary {Unlabeled} Sheet http://xbrl.sec.gov/rr/role/RiskReturn Risk/Return Summary false false R7.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data true false All Reports Book All Reports imstjubak-20120930.xml imstjubak-20120930.xsd imstjubak-20120930_def.xml imstjubak-20120930_lab.xml imstjubak-20120930_pre.xml BarChart1.jpg true true