0000810695 hf1:S000005856Member 2011-05-02 2012-05-01 0000810695 hf1:S000005856Member hf1:C000016038Member 2011-05-02 2012-05-01 0000810695 hf1:S000005856Member hf1:C000016036Member 2011-05-02 2012-05-01 0000810695 2011-05-02 2012-05-01 pure iso4217:USD Example 665 0 1234 You may qualify for sales charge discounts if you and members of your household invest, or agree to invest in the future, at least $50,000 in Huntington Funds. More information about these and other discounts is available from your financial professional and in the "Sales Charges" section at page 208 of this prospectus and "Other Purchase Information - Sales Charge Reduction/Waivers (Class A Shares)" at page 78 of the Fund's statement of additional information. Shareholder Fees (fees paid directly from your investment) HUNTINGTON FUNDS 0.0475 94 589 This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and members of your household invest, or agree to invest in the future, at least $50,000 in Huntington Funds. More information about these and other discounts is available from your financial professional and in the "Sales Charges" section at page 208 of this prospectus and "Other Purchase Information - Sales Charge Reduction/Waivers (Class A Shares)" at page 78 of the Fund's statement of additional information. 50000 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: Other 2011-12-31 0000810695 false 2012-09-28 2012-09-28 0 0 0.0138 0.0163 -0.0048 -0.0048 344 877 Fees and Expenses April 30, 2015 2012-05-01 THE HUNTINGTON FUNDS   HUNTINGTON DIVIDEND CAPTURE FUND   SUPPLEMENT DATED SEPTEMBER 27, 2012 TO THE HUNTINGTON FUNDS RETAIL PROSPECTUS DATED APRIL 30, 2012, AS AMENDED, (CLASS A SHARES AND TRUST SHARES) EFFECTIVE AS OF SEPTEMBER 28, 2012, PLEASE REPLACE THE FEES AND EXPENSES TABLE IN THE HUNTINGTON DIVIDEND CAPTURE FUND'S PROSPECTUS ON PAGE 23 WITH THE FOLLOWING: Fees and Expenses This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and members of your household invest, or agree to invest in the future, at least $50,000 in Huntington Funds. More information about these and other discounts is available from your financial professional and in the "Sales Charges" section at page 208 of this prospectus and "Other Purchase Information – Sales Charge Reduction/Waivers (Class A Shares)" at page 78 of the Fund's statement of additional information.   <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="87%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td></tr> <tr> <td valign="bottom" nowrap="nowrap"> Shareholder Fees (fees paid directly from your investment)</td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">Trust Shares</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">Class A Shares</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">4.75</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr> <td valign="top"> Maximum Deferred Sales Charge (Load) (as a percentage of net asset value)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Redemption Fee (as a percentage of amount redeemed, if applicable)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="88%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td></tr> <tr> <td valign="bottom" nowrap="nowrap"> Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">Trust Shares</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">Class A Shares</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Management Fees</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.75</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.75</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr> <td valign="top"> Distribution (12b-1) Fees</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.25</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Other Expenses (including shareholder services fee)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.61</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.61</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr> <td valign="top"> Acquired Fund Fees and Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.02</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.02</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Total Annual Fund Operating Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1.38</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1.63</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr> <td valign="top"> Fee Waivers and/or Expense Reimbursements(1)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(0.48</td> <td valign="bottom" nowrap="nowrap">)% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(0.48</td> <td valign="bottom" nowrap="nowrap">)% </td></tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.90</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1.15</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr></table>   <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="4%" align="left">(1)</td> <td valign="top" align="left"> The Advisor has contractually agreed to waive all or a portion of its management fee and/or reimburse certain operating expenses of the Fund to the extent necessary in order to limit the Fund's total annual fund operating expenses (after the fee waivers and/or expense reimbursements, and exclusive of brokerage costs, interest, taxes and dividends, and extraordinary expenses) to not more than 0.90% and 1.15% of the Trust Shares and Class A Shares daily net assets, respectively, through April 30, 2015. While the Advisor does not anticipate terminating this arrangement prior to April 30, 2015, this arrangement may only be terminated prior to this date with the agreement of the Fund's Board of Trustees. </td></tr></table> Example This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:   <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="92%" align="center"> <tr> <td width="70%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td></tr> <tr> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">1 Year</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">3 Years</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">5 Years</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">10 Years</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Trust Shares</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">94</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">344</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">665</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,575</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td valign="top"> Class A Shares</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">589</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">877</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,234</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,240</td> <td valign="bottom" nowrap="nowrap">  </td></tr></table> THE HUNTINGTON FUNDS   HUNTINGTON DIVIDEND CAPTURE FUND   SUPPLEMENT DATED SEPTEMBER 27, 2012 TO THE HUNTINGTON FUNDS RETAIL PROSPECTUS DATED APRIL 30, 2012, AS AMENDED, (CLASS A SHARES AND TRUST SHARES) EFFECTIVE AS OF SEPTEMBER 28, 2012, PLEASE REPLACE THE FEES AND EXPENSES TABLE IN THE HUNTINGTON DIVIDEND CAPTURE FUND'S PROSPECTUS ON PAGE 23 WITH THE FOLLOWING: Fees and Expenses This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and members of your household invest, or agree to invest in the future, at least $50,000 in Huntington Funds. More information about these and other discounts is available from your financial professional and in the "Sales Charges" section at page 208 of this prospectus and "Other Purchase Information – Sales Charge Reduction/Waivers (Class A Shares)" at page 78 of the Fund's statement of additional information.   <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="87%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td></tr> <tr> <td valign="bottom" nowrap="nowrap"> Shareholder Fees (fees paid directly from your investment)</td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">Trust Shares</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">Class A Shares</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">4.75</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr> <td valign="top"> Maximum Deferred Sales Charge (Load) (as a percentage of net asset value)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Redemption Fee (as a percentage of amount redeemed, if applicable)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="88%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td></tr> <tr> <td valign="bottom" nowrap="nowrap"> Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">Trust Shares</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">Class A Shares</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Management Fees</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.75</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.75</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr> <td valign="top"> Distribution (12b-1) Fees</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">None</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.25</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Other Expenses (including shareholder services fee)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.61</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.61</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr> <td valign="top"> Acquired Fund Fees and Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.02</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.02</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Total Annual Fund Operating Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1.38</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1.63</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr> <td valign="top"> Fee Waivers and/or Expense Reimbursements(1)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(0.48</td> <td valign="bottom" nowrap="nowrap">)% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(0.48</td> <td valign="bottom" nowrap="nowrap">)% </td></tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.90</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1.15</td> <td valign="bottom" nowrap="nowrap">% </td></tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr></table>   <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="4%" align="left">(1)</td> <td valign="top" align="left"> The Advisor has contractually agreed to waive all or a portion of its management fee and/or reimburse certain operating expenses of the Fund to the extent necessary in order to limit the Fund's total annual fund operating expenses (after the fee waivers and/or expense reimbursements, and exclusive of brokerage costs, interest, taxes and dividends, and extraordinary expenses) to not more than 0.90% and 1.15% of the Trust Shares and Class A Shares daily net assets, respectively, through April 30, 2015. While the Advisor does not anticipate terminating this arrangement prior to April 30, 2015, this arrangement may only be terminated prior to this date with the agreement of the Fund's Board of Trustees. </td></tr></table> Example This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:   <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="92%" align="center"> <tr> <td width="70%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td></tr> <tr> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">1 Year</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">3 Years</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">5 Years</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center">10 Years</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"> <td valign="top"> Trust Shares</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">94</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">344</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">665</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,575</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td valign="top"> Class A Shares</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">589</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">877</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,234</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,240</td> <td valign="bottom" nowrap="nowrap">  </td></tr></table> 0 0 0.0075 0.0075 0 0.0025 0.0061 0.0061 0.0002 0.0002 0.009 0.0115 1575 2240 The Advisor has contractually agreed to waive all or a portion of its management fee and/or reimburse certain operating expenses of the Fund to the extent necessary in order to limit the Fund's total annual fund operating expenses (after the fee waivers and/or expense reimbursements, and exclusive of brokerage costs, interest, taxes and dividends, and extraordinary expenses) to not more than 0.90% and 1.15% of the Trust Shares and Class A Shares daily net assets, respectively, through April 30, 2015. While the Advisor does not anticipate terminating this arrangement prior to April 30, 2015, this arrangement may only be terminated prior to this date with the agreement of the Fund's Board of Trustees.