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<p style="margin: 0pt"><font style="font: 10pt Courier New, Courier, Monospace">INVESTMENT OBJECTIVE</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">INVESTMENT OBJECTIVE</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">INVESTMENT OBJECTIVE</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">INVESTMENT OBJECTIVE</p>
<p style="margin: 0pt"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Frost Credit Fund (the "Fund")
seeks to maximize total return, consisting of income and capital appreciation.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Frost Credit Fund (the "Fund")
seeks to maximize total return, consisting of income and capital appreciation.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Frost Cinque Large Cap Buy-Write
Equity Fund (the "Fund") seeks long-term</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">capital appreciation and current income.</p>
<p style="margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">The Frost Cinque Large Cap
Buy-Write Equity Fund (the "Fund") seeks long-term capital appreciation and current income.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">FROST CREDIT FUND</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">FROST CREDIT FUND</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">FROST
CINQUE LARGE CAP BUY-WRITE EQUITY FUND</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">FROST CINQUE LARGE CAP BUY-WRITE EQUITY FUND</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">FUND FEES AND EXPENSES</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">FUND FEES AND EXPENSES</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">FUND FEES AND EXPENSES</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">FUND FEES AND EXPENSES</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The table below describes the fees
and expenses that you may pay if you buy and hold Class A Shares 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 $50,000 in Class A Shares of the Frost Funds. More information
about these and other discounts is available from your financial professional and in the section "Sales Charges" on page
21 of this prospectus.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The table below describes the fees
and expenses that you may pay if you buy and hold Institutional Class Shares of the Fund.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The table below describes the
fees and expenses that you may pay if you buy and hold Class A Shares 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 $50,000 in Class A Shares of the Frost Funds. More
information about these and other discounts is available from your financial professional and in the section "Sales
Charges" on page 21 of this prospectus.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">The table below describes the fees and expenses
that you may pay if you buy and hold Institutional Class Shares of the Fund.</p>
<p style="margin: 0"><font style="font: 10pt Courier New, Courier, Monospace">SHAREHOLDER FEES (FEES PAID DIRECTLY FROM YOUR INVESTMENT)</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">SHAREHOLDER FEES (FEES PAID DIRECTLY
FROM YOUR INVESTMENT)</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">ANNUAL FUND OPERATING EXPENSES (EXPENSES
THAT YOU PAY EACH YEAR AS A PERCENTAGE OF THE VALUE OF YOUR INVESTMENT)</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">ANNUAL FUND OPERATING EXPENSES (EXPENSES
THAT YOU PAY EACH YEAR AS A PERCENTAGE OF THE VALUE OF YOUR INVESTMENT)</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">ANNUAL FUND OPERATING EXPENSES (EXPENSES
THAT YOU PAY EACH YEAR AS A PERCENTAGE</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">OF THE VALUE OF YOUR INVESTMENT)</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">ANNUAL FUND OPERATING EXPENSES (EXPENSES
THAT YOU PAY EACH YEAR AS A PERCENTAGE OF THE VALUE OF YOUR INVESTMENT)</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">EXAMPLE</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">EXAMPLE</p>
<p style="margin: 0"><font style="font: 10pt Courier New, Courier, Monospace">EXAMPLE</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">EXAMPLE</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">This Example is intended to help you
compare the cost of investing in the Fund with the cost of investing in other mutual funds.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">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.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Although your actual costs may be
higher or lower, based on these assumptions your costs would be:</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">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:</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">This Example is intended to help
you compare the cost of investing in the Fund with the cost of investing in other mutual funds.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">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:</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">This Example is intended to help you compare
the cost of investing in the Fund with the cost of investing in other mutual funds.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">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:</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">PORTFOLIO TURNOVER</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">PORTFOLIO TURNOVER</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">PORTFOLIO TURNOVER</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">PORTFOLIO TURNOVER</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Fund pays transaction costs when
it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate 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 total
annual fund operating expenses or in the example, affect the Fund's performance.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Fund pays transaction costs when
it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate 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 total
annual fund operating expenses or in the example, affect the Fund's performance.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Fund pays transaction costs,
such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover
rate 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 total annual fund operating expenses or in the example, affect the Fund's performance.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">The Fund pays transaction costs, such as
commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate 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 total annual fund operating expenses or in the example, affect the Fund's performance.</p>
<p style="margin: 0"><font style="font: 10pt Courier New, Courier, Monospace">PRINCIPAL INVESTMENT STRATEGIES</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">PRINCIPAL INVESTMENT STRATEGIES</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">PRINCIPAL INVESTMENT STRATEGIES</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">PRINCIPAL INVESTMENT STRATEGIES</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Under
normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income
securities of U.S. and foreign corporate issuers, which will include corporate bonds and mortgage-backed and other asset-backed
securities, and structured notes with economic characteristics similar to fixed income securities. This investment policy may
be changed by the Fund upon 60 days' prior notice to shareholders. The Fund will invest in callable bonds, as well as fixed income
securities that pay a fixed or floating interest rate or interest that is payable in kind or payable at maturity. The Fund will
invest in high yield fixed income securities, also referred to as "junk" bonds, which are generally rated below BBB-
by Standard & Poor's Ratings Services or Fitch, Inc. or Baa3 by Moody's Investor Service at the time of purchase or are unrated
but judged to be of comparable quality by Frost Investment Advisors, LLC, the Fund's investment adviser (the "Adviser").
All securities in which the Fund invests will be denominated in U.S. dollars.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">The Fund seeks to achieve its
objective through a combination of active portfolio management, a focus on relative value opportunities, sector weightings and
individual asset selection. In selecting assets for the Fund, the Adviser uses a top-down approach to analyze industry fundamentals
and select individual securities based on its view of their relative value and interest rate characteristics. The Adviser also
will consider its view of the yield curve and the potential for individual securities to produce consistent income. The Adviser
expects that more than half of the Fund's returns will be derived from credit risk, rather than interest rate risk. Generally,
the greater the credit risk that a fixed income security presents, the higher the interest rate the issuer must pay in order to
compensate investors for assuming such higher risk.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Under
normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income
securities of U.S. and foreign corporate issuers, which will include corporate bonds and mortgage-backed and other asset-backed
securities, and structured notes with economic characteristics similar to fixed income securities. This investment policy may
be changed by the Fund upon 60 days' prior notice to shareholders. The Fund will invest in callable bonds, as well as fixed income
securities that pay a fixed or floating interest rate or interest that is payable in kind or payable at maturity. The Fund will
invest in high yield fixed income securities, also referred to as "junk" bonds, which are generally rated below BBB-
by Standard & Poor's Ratings Services or Fitch, Inc. or Baa3 by Moody's Investor Service at the time of purchase or are unrated
but judged to be of comparable quality by Frost Investment Advisors, LLC, the Fund's investment adviser (the "Adviser").
All securities in which the Fund invests will be denominated in U.S. dollars.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">The Fund seeks to achieve its objective through
a combination of active portfolio management, a focus on relative value opportunities, sector weightings and individual asset
selection. In selecting assets for the Fund, the Adviser uses a top-down approach to analyze industry fundamentals and select
individual securities based on its view of their relative value and interest rate characteristics. The Adviser also will consider
its view of the yield curve and the potential for individual securities to produce consistent income. The Adviser expects that
more than half of the Fund's returns will be derived from credit risk, rather than interest rate risk. Generally, the greater
the credit risk that a fixed income security presents, the higher the interest rate the issuer must pay in order to compensate
investors for assuming such higher risk.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Under normal circumstances, the Fund
invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large-capitalization
companies and exchange traded funds ("ETFs") designed to track the performance of large capitalization companies, and
options on securities of large capitalization companies. This investment policy may be changed by the Fund upon 60 days' prior
notice to shareholders. The Fund primarily will invest in common stocks, but will also invest in ETFs and sell call options on
an asset it owns, also known as a "buy-write" strategy. The Fund to a lesser extent will also buy call and put options
on an asset, a market sector or an index. The Adviser expects that approximately 5% of the Fund's assets will dedicated to its
options strategy, although such allocation is subject to change based on market and other conditions. Cinque Partners LLC ("Cinque"),
the Fund's sub-adviser, generally considers large-capitalization companies to be those companies with market capitalizations of
$5 billion or greater. The Fund may invest up to 20% of its net assets in small and mid-capitalization companies.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">In constructing the Fund's
portfolio, Cinque uses a systematic, proprietary process that combines individual stock selection and sector and index
exposures into a portfolio that is then coupled with an option hedging strategy. Cinque selects stocks for the Fund using its
Combo Rank Stock model, which analyzes measures of value, growth, balance sheet analysis and overall profitability of a
company. The output of this model is then ranked within each sector of the S&P Composite 1500 Index universe. Cinque then
selects a stock based on its ratings and establishes a target weight that is based on Cinque's thorough qualitative and
quantitative assessment of that company's risk-reward characteristics. Sector or index ETFs may also be selected to capture
macroeconomic performance inputs through the economic cycle. Cinque periodically reviews the companies in its investment
universe in order to re-evaluate whether or not the assumptions and tenets (price targets, balance sheet quality, operating
trends, potential stock downside) of the original investment thesis still hold.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Cinque also intends to utilize an
option strategy that includes buy-writes, protective puts and long-call options in an attempt to improve portfolio downside protection
and increase portfolio income. Cinque analyzes over 400 different options combinations, using S&P 500 Index options, to arrive
at the position that, in Cinque's view, provides the best chance of capturing the excess return associated with the Fund's long
portfolio, while reducing the downside risk associated with the market. Cinque also may sell call options to take advantage of
what it perceives to be mispriced options premiums based on its view of market volatility.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Under
normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity
securities of large-capitalization companies and exchange traded funds ("ETFs") designed to track the performance of
large capitalization companies, and options on securities of large capitalization companies. This investment policy may be changed
by the Fund upon 60 days' prior notice to shareholders. The Fund primarily will invest in common stocks, but will also invest
in ETFs and sell call options on an asset it owns, also known as a "buy-write" strategy. The Fund to a lesser extent
will also buy call and put options on an asset, a market sector or an index. The Adviser expects that approximately 5% of the
Fund's assets will dedicated to its options strategy, although such allocation is subject to change based on market and other
conditions. Cinque Partners LLC ("Cinque"), the Fund's sub-adviser, generally considers large-capitalization companies
to be those companies with market capitalizations of $5 billion or greater. The Fund may invest up to 20% of its net assets in
small and mid-capitalization companies.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">In
constructing the Fund's portfolio, Cinque uses a systematic, proprietary process that combines individual stock selection and
sector and index exposures into a portfolio that is then coupled with an option hedging strategy. Cinque selects stocks for
the Fund using its Combo Rank Stock model, which analyzes measures of value, growth, balance sheet analysis and overall
profitability of a company. The output of this model is then ranked within each sector of the S&P Composite 1500 Index
universe. Cinque then selects a stock based on its ratings and establishes a target weight that is based on Cinque's thorough
qualitative and quantitative assessment of that company's risk-reward characteristics. Sector or index ETFs may also be
selected to capture macroeconomic performance inputs through the economic cycle. Cinque periodically reviews the companies in
its investment universe in order to re-evaluate whether or not the assumptions and tenets (price targets, balance sheet
quality, operating trends, potential stock downside) of the original investment thesis still hold.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Cinque
also intends to utilize an option strategy that includes buy-writes, protective puts and long-call options in an attempt to
improve portfolio downside protection and increase portfolio income. Cinque analyzes over 400 different options combinations,
using S&P 500 Index options, to arrive at the position that, in Cinque's view, provides the best chance of capturing the
excess return associated with the Fund's long portfolio, while reducing the downside risk associated with the market. Cinque
also may sell call options to take advantage of what it perceives to be mispriced options premiums based on its view of
market volatility.</font></p>
<p style="margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">PRINCIPAL RISKS</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">PRINCIPAL RISKS</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">PRINCIPAL RISKS</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">PRINCIPAL RISKS</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">As
with all mutual funds, a shareholder is subject to the risk that his or her investment could lose money. A FUND SHARE IS NOT A
BANK DEPOSIT AND IT IS NOT INSURED OR GUARANTEED BY THE FDIC, OR ANY GOVERNMENT AGENCY. The principal risks affecting shareholders'
investments in the Fund are set forth below.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">INTEREST
RATE RISK - As with most funds that invest in debt securities, changes in interest rates are one of the most important factors
that could affect the value of your investment. Rising interest rates tend to cause the prices of debt securities (especially
those with longer maturities) and the Fund's share price to fall.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">The concept of duration is useful in assessing the sensitivity
of a fixed income fund to interest rate movements, which are usually the main source of risk for most fixed-income funds. Duration
measures price volatility by estimating the change in price of a debt security for a 1% change in its yield. For example, a duration
of three means the price of a debt security will change about 3% for every 1% change in its yield. Thus, the higher duration,
the more volatile the security.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Debt
securities have a stated maturity date when the issuer must repay the principal amount of the bond. Some debt securities, known
as callable bonds, may repay the principal earlier than the stated maturity date. Debt securities are most likely to be called
when interest rates are falling because the issuer can refinance at a lower rate.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Rising
interest rates may also cause investors to pay off mortgage-backed and asset-backed securities later than anticipated, forcing
the Fund to keep its money invested at lower rates. Falling interest rates, however, generally cause investors to pay off mortgage-backed
and asset-backed securities earlier than expected, forcing the Fund to reinvest the money at a lower interest rate.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Mutual
funds that invest in debt securities have no real maturity. Instead, they calculate their weighted average maturity. This number
is an average of the effective or anticipated maturity of each debt security held by the mutual fund, with the maturity of each
security weighted by the percentage of its assets of the mutual fund it represents.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">CREDIT
RISK - The credit rating or financial condition of an issuer may affect the value of a debt security. Generally, the lower the
quality rating of a security, the greater the risk that the issuer will fail to pay interest fully and return principal in a timely
manner. If an issuer defaults or becomes unable to honor its financial obligations, the security may lose some or all of its value.
The issuer of an investment-grade security is more likely to pay interest and repay principal than an issuer of a lower rated
bond. Adverse economic conditions or changing circumstances, however, may weaken the capacity of the issuer to pay interest and
repay principal. For a Fund of this type, credit risk is an important contributing factor over time to the performance of the
Fund.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">High
yield, or "junk," bonds are highly speculative securities that are usually issued by smaller less credit worthy and/or
highly leveraged (indebted) companies. Compared with investment-grade bonds, high yield bonds carry a greater degree of risk and
are less likely to make payments of interest and principal. Market developments and the financial and business conditions of the
corporation issuing these securities influences their price and liquidity more than changes in interest rates, when compared to
investment-grade debt securities. Insufficient liquidity in the junk bond market may make it more difficult to dispose of junk
bonds and may cause the Fund to experience sudden and substantial price declines. A lack of reliable, objective data or market
quotations may make it more difficult to value junk bonds accurately.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">ZERO
COUPON, DEFERRED INTEREST AND PAY-IN-KIND BOND RISK - These bonds are issued at a discount from their face value because interest
payments are typically postponed until maturity. Pay-in-kind securities are securities that have interest payable by the delivery
of additional securities. The market prices of these securities generally are more volatile than the market prices of interest-bearing
securities and are likely to respond to a greater degree to changes in interest rates than interest-bearing securities having
similar maturities and credit quality.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">DERIVATIVES
RISK - Derivatives are often more volatile than other investments and may magnify the Fund's gains or losses. There are various
factors that affect the Fund's ability to achieve its investment objective with derivatives. Successful use of a derivative depends
upon the degree to which prices of the underlying assets correlate with price movements in the derivatives the Fund buys or sells.
The Fund could be negatively affected if the change in market value of its securities fails to correlate perfectly with the values
of the derivatives it purchased or sold. For instance, the Fund would ordinarily realize a gain if, during the option period,
the value of the underlying securities decreased below the exercise price sufficiently to cover the premium and transaction costs.
However, if the price of the underlying instrument does not fall enough to offset the cost of purchasing the option, a put buyer
would lose the premium and related transaction costs.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">The
lack of a liquid secondary market for a derivative may prevent the Fund from closing its derivative positions and could
adversely impact its ability to achieve its investment objective or to realize profits or limit losses.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Because
derivative instruments may be purchased by the Fund for a fraction of the market value of the investments underlying such instruments,
a relatively small price movement in the underlying investment may result in an immediate and substantial gain or loss to the
Fund. Derivatives are often more volatile than other investments and the Fund may lose more in a derivative than it originally
invested in it.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Additionally,
derivative instruments, particularly market access products, are subject to counterparty risk, meaning that the party that issues
the derivative may experience a significant credit event and may be unwilling or unable to make timely settlement payments or
otherwise honor its obligations.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">STRUCTURED
NOTE RISK - The Fund may invest in fixed income linked structured notes. Structured notes are typically privately negotiated transactions
between two or more parties. The fees associated with a structured note may lead to increased tracking error. The Fund also bears
the risk that the issuer of the structured note will default. The Fund bears the risk of loss of its principal investment and
periodic payments expected to be received for the duration of its investment. In addition, a liquid market may not exist for the
structured notes. The lack of a liquid market may make it difficult to sell the structured notes at an acceptable price or to
accurately value them.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">MARKET
RISK - The risk that the value of securities owned by the Fund may go up or down, sometimes rapidly or unpredictably, due to factors
affecting</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">securities
markets generally or particular industries.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">ISSUER
RISK - The risk that the value of a security may decline for a reason directly related to the issuer, such as management performance,
financial leverage and reduced demand for the issuer's goods or services.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">LEVERAGE
RISK - The use of leverage can amplify the effects of market volatility on the Fund's share price and may also cause the Fund
to liquidate portfolio positions when it would not be advantageous to do so in order to satisfy its obligations.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">LIQUIDITY
RISK - The risk that certain securities may be difficult or impossible to sell at the time and the price that the Fund would like.
The Fund may have to lower the price, sell other securities instead or forego an investment opportunity, any of which could have
a negative effect on Fund management or performance.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">ASSET-BACKED
AND MORTGAGE-BACKED SECURITIES RISK - Payment of principal and interest on asset-backed securities is dependent largely on
the cash flows generated by the assets backing the securities, and asset-backed securities may not have the benefit of any
security interest in the related assets, which raises the possibility that recoveries on repossessed collateral may not be
available to support payments on these securities. Asset-backed securities are also subject to the risk that underlying
borrowers will be unable to meet their obligations. To lessen the effect of failures by obligors on underlying assets to make
payments, the entity administering the pool of assets may agree to ensure the receipt of payments on the underlying pool
occurs in a timely fashion ("liquidity protection"). In addition, asset-backed securities may obtain insurance,
such as guarantees, policies or letters of credit obtained by the issuer or sponsor from third parties, for some or all of
the assets in the pool ("credit support"). Delinquency or loss more than that anticipated or failure of the credit
support could adversely affect the return on an investment in such a security.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Mortgage-backed
securities are affected by, among other things, interest rate changes and the possibility of prepayment of the underlying mortgage
loans. Mortgage-backed securities are also subject to the risk that underlying borrowers will be unable to meet their obligations.
In addition, a variety of economic, geographic, social and other factors, such as the sale of the underlying property, refinancing
or foreclosure, can cause investors to repay the loans underlying a mortgage-backed security sooner than expected. If the prepayment
rates increase, the Fund may have to reinvest its principal at a rate of interest that is lower than the rate on existing mortgage-backed
securities.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">PREPAYMENT
AND EXTENSION RISK - Prepayment and extension risk is the risk that a loan, bond or other security might be called or
otherwise converted, prepaid or redeemed before maturity. This risk is primarily associated with corporate-backed,
mortgage-backed and asset-backed securities. If a security is converted, prepaid or redeemed before maturity, particularly
during a time of declining interest rates or spreads, the Fund may not be able to invest the proceeds in securities providing
as high a level of income, resulting in a reduced yield to the Fund. Conversely, as interest rates rise or spreads widen, the
likelihood of prepayment decreases. The Fund may be unable to capitalize on securities with higher interest rates or wider
spreads because the Fund's investments are locked in at a lower rate for a longer period of time.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">MANAGEMENT
RISK - The risk that the investment techniques and risk analyses applied by the adviser will not produce the desired results
and that legislative, regulatory, or tax developments may affect the investment techniques available to the adviser and the
individual portfolio manager in</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">connection
with managing the Fund. There is no guarantee that the investment objective of the Fund will be achieved.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">FOREIGN
COMPANY RISK - Investing in foreign companies, whether through investments made in foreign markets or made through purchasing
ADRs, which are traded on U.S. exchanges and represent an ownership in a foreign security, poses additional risks since political
and economic events unique to a country or region will affect those markets and their issuers. These risks will not necessarily
affect the U.S. economy or similar issuers located in the United States. In addition, investments in foreign companies are generally
denominated in a foreign currency. As a result, changes in the value of those currencies compared to the U.S. dollar may affect
(positively or negatively) the value of the Fund's investments. These currency movements may occur separately from, and in response
to, events that do not otherwise affect the value of the security in the issuer's home country. While ADRs provide an alternative
to directly purchasing the underlying foreign securities in their respective national markets and currencies, investments in ADRs
continue to be subject to many of the risks associated with investing directly in foreign securities.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">NEW FUND RISK - Because the
Fund is new, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy,
may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies
of scale, any of which could result in the Fund being liquidated at any time without shareholder approval and at a time that may
not be favorable for all shareholders. Such liquidation could have negative tax consequences for shareholders and will cause shareholders
to incur expenses of liquidation.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">As
with all mutual funds, a shareholder is subject to the risk that his or her investment could lose money. A FUND SHARE IS NOT A
BANK DEPOSIT AND IT IS NOT INSURED OR GUARANTEED BY THE FDIC, OR ANY GOVERNMENT AGENCY. The principal risks affecting shareholders'
investments in the Fund are set forth below.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">INTEREST
RATE RISK - As with most funds that invest in debt securities, changes in interest rates are one of the most important factors
that could affect the value of your investment. Rising interest rates tend to cause the prices of debt securities (especially
those with longer maturities) and the Fund's share price to fall.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">The
concept of duration is useful in assessing the sensitivity of a fixed income fund to interest rate movements, which are usually
the main source of risk for most fixed-income funds. Duration measures price volatility by estimating the change in price of a
debt security for a 1% change in its yield. For example, a duration of three means the price of a debt security will change about
3% for every 1% change in its yield. Thus, the higher duration, the more volatile the security.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Debt
securities have a stated maturity date when the issuer must repay the principal amount of the bond. Some debt securities, known
as callable bonds, may repay the principal earlier than the stated maturity date. Debt securities are most likely to be called
when interest rates are falling because the issuer can refinance at a lower rate.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Rising
interest rates may also cause investors to pay off mortgage-backed and asset-backed securities later than anticipated, forcing
the Fund to keep its money invested at lower rates. Falling interest rates, however, generally cause investors to pay off mortgage-backed
and asset-backed securities earlier than expected, forcing the Fund to reinvest the money at a lower interest rate.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Mutual
funds that invest in debt securities have no real maturity. Instead, they calculate their weighted average maturity. This number
is an average of the effective or anticipated maturity of each debt security held by the mutual fund, with the maturity of each
security weighted by the percentage of its assets of the mutual fund it represents.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">CREDIT
RISK - The credit rating or financial condition of an issuer may affect the value of a debt security. Generally, the lower the
quality rating of a security, the greater the risk that the issuer will fail to pay interest fully and return principal in a timely
manner. If an issuer defaults or becomes unable to honor its financial obligations, the security may lose some or all of its value.
The issuer of an investment-grade security is more likely to pay interest and repay principal than an issuer of a lower rated
bond. Adverse economic conditions or changing circumstances, however, may weaken the capacity of the issuer to pay interest and
repay principal. For a Fund of this type, credit risk is an important contributing factor over time to the performance of the
Fund.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">High
yield, or "junk," bonds are highly speculative securities that are usually issued by smaller less credit worthy and/or
highly leveraged (indebted) companies. Compared with investment-grade bonds, high yield bonds carry a greater degree of risk and
are less likely to make payments of interest and principal. Market developments and the financial and business conditions of the
corporation issuing these securities influences their price and liquidity more than changes in interest rates, when compared to
investment-grade debt securities. Insufficient liquidity in the junk bond market may make it more difficult to dispose of junk
bonds and may cause the Fund to experience sudden and substantial price declines. A lack of reliable, objective data or market
quotations may make it more difficult to value junk bonds accurately.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">ZERO
COUPON, DEFERRED INTEREST AND PAY-IN-KIND BOND RISK - These bonds are issued at a discount from their face value because
interest payments are typically postponed until maturity. Pay-in-kind securities are securities that have interest payable by
the delivery of additional securities. The market prices of these securities generally are more volatile than the market
prices of interest-bearing securities and are likely to respond to a greater degree to changes in interest rates than
interest-bearing securities having similar maturities and credit quality.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">DERIVATIVES
RISK - Derivatives are often more volatile than other investments and may magnify the Fund's gains or losses. There are various
factors that affect the Fund's ability to achieve its investment objective with derivatives. Successful use of a derivative depends
upon the degree to which prices of the underlying assets correlate with price movements in the derivatives the Fund buys or sells.
The Fund could be negatively affected if the change in market value of its securities fails to correlate perfectly with the values
of the derivatives it purchased or sold. For instance, the Fund would ordinarily realize a gain if, during the option period,
the value of the underlying securities decreased below the exercise price sufficiently to cover the premium and transaction costs.
However, if the price of the underlying instrument does not fall enough to offset the cost of purchasing the option, a put buyer
would lose the premium and related transaction costs.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">The
lack of a liquid secondary market for a derivative may prevent the Fund from closing its derivative positions and could
adversely impact its ability to achieve its investment objective or to realize profits or limit losses.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Because
derivative instruments may be purchased by the Fund for a fraction of the market value of the investments underlying such instruments,
a relatively small price movement in the underlying investment may result in an immediate and substantial gain or loss to the
Fund. Derivatives are often more volatile than other investments and the Fund may lose more in a derivative than it originally
invested in it.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Additionally,
derivative instruments, particularly market access products, are subject to counterparty risk, meaning that the party that issues
the derivative may experience a significant credit event and may be unwilling or unable to make timely settlement payments or
otherwise honor its obligations.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">STRUCTURED
NOTE RISK - The Fund may invest in fixed income linked structured notes. Structured notes are typically privately negotiated transactions
between two or more parties. The fees associated with a structured note may lead to increased tracking error. The Fund also bears
the risk that the issuer of the structured note will default. The Fund bears the risk of loss of its principal investment and
periodic payments expected to be received for the duration of its investment. In addition, a liquid market may not exist for the
structured notes. The lack of a liquid market may make it difficult to sell the structured notes at an acceptable price or to
accurately value them.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">MARKET
RISK - The risk that the value of securities owned by the Fund may go up or down, sometimes rapidly or unpredictably, due to factors
affecting securities markets generally or particular industries.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">ISSUER
RISK - The risk that the value of a security may decline for a reason directly related to the issuer, such as management performance,
financial leverage and reduced demand for the issuer's goods or services.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">LEVERAGE
RISK - The use of leverage can amplify the effects of market volatility on the Fund's share price and may also cause the Fund
to liquidate portfolio positions when it would not be advantageous to do so in order to satisfy its obligations.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">LIQUIDITY
RISK - The risk that certain securities may be difficult or impossible to sell at the time and the price that the Fund would like.
The Fund may have to lower the price, sell other securities instead or forego an investment opportunity, any of which could have
a negative effect on Fund management or performance.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">ASSET-BACKED
AND MORTGAGE-BACKED SECURITIES RISK - Payment of principal and interest on asset-backed securities is dependent largely on
the cash flows generated by the assets backing the securities, and asset-backed securities may not have the benefit of any
security interest in the related assets, which raises the possibility that recoveries on repossessed collateral may not be
available to support payments on these securities. Asset-backed securities are also subject to the risk that underlying
borrowers will be unable to meet their obligations. To lessen the effect of failures by obligors on underlying assets to make
payments, the entity administering the pool of assets may agree to ensure the receipt of payments on the underlying pool
occurs in a timely fashion ("liquidity protection"). In addition, asset-backed securities may obtain insurance,
such as guarantees, policies or letters of credit obtained by the issuer or sponsor from third parties, for some or all of
the assets in the pool ("credit support"). Delinquency or loss more than that anticipated or failure of the credit
support could adversely affect the return on an investment in such a security.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Mortgage-backed
securities are affected by, among other things, interest rate changes and the possibility of prepayment of the underlying mortgage
loans. Mortgage-backed securities are also subject to the risk that underlying borrowers will be unable to meet their obligations.
In addition, a variety of economic, geographic, social and other factors, such as the sale of the underlying property, refinancing
or foreclosure, can cause investors to repay the loans underlying a mortgage-backed security sooner than expected. If the prepayment
rates increase, the Fund may have to reinvest its principal at a rate of interest that is lower than the rate on existing mortgage-backed
securities.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">PREPAYMENT
AND EXTENSION RISK - Prepayment and extension risk is the risk that a loan, bond or other security might be called or
otherwise converted, prepaid or redeemed before maturity. This risk is primarily associated with corporate-backed,
mortgage-backed and asset-backed securities. If a security is converted, prepaid or redeemed before maturity, particularly
during a time of declining interest rates or spreads, the Fund may not be able to invest the proceeds in securities providing
as high a level of income, resulting in a reduced yield to the Fund. Conversely, as interest rates rise or spreads widen, the
likelihood of prepayment decreases. The Fund may be unable to capitalize on securities with higher interest rates or wider
spreads because the Fund's investments are locked in at a lower rate for a longer period of time.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">MANAGEMENT
RISK - The risk that the investment techniques and risk analyses applied by the adviser will not produce the desired results
and that legislative, regulatory, or tax developments may affect the investment techniques available to the adviser and the
individual portfolio manager in connection with managing the Fund. There is no guarantee that the investment objective of the
Fund will be achieved.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">FOREIGN
COMPANY RISK - Investing in foreign companies, whether through investments made in foreign markets or made through purchasing
ADRs, which are traded on U.S. exchanges and represent an ownership in a foreign security, poses additional risks since political
and economic events unique to a country or region will affect those markets and their issuers. These risks will not necessarily
affect the U.S. economy or similar issuers located in the United States. In addition, investments in foreign companies are generally
denominated in a foreign currency. As a result, changes in the value of those currencies compared to the U.S. dollar may affect
(positively or negatively) the value of the Fund's investments. These currency movements may occur separately from, and in response
to, events that do not otherwise affect the value of the security in the issuer's home country. While ADRs provide an alternative
to directly purchasing the underlying foreign securities in their respective national markets and currencies, investments in ADRs
continue to be subject to many of the risks associated with investing directly in foreign securities.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">NEW
FUND RISK - Because the Fund is new, investors in the Fund bear the risk that the Fund may not be successful in implementing its
investment strategy, may not employ a successful investment strategy, or may fail to attract sufficient assets under management
to realize economies of scale, any of which could result in the Fund being liquidated at any time without shareholder approval
and at a time that may not be favorable for all shareholders. Such liquidation could have negative tax consequences for shareholders
and will cause shareholders to incur expenses of liquidation.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">As with all mutual funds, a
shareholder is subject to the risk that his or her investment could lose money. A FUND SHARE IS NOT A BANK DEPOSIT AND IT IS
NOT INSURED OR GUARANTEED BY THE FDIC, OR ANY GOVERNMENT AGENCY. The principal risks affecting shareholders' investments in
the Fund are set forth below.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">INVESTMENTS IN ETFS - To the extent
that the Fund invests in ETFs, the Fund will be subject to substantially the same risks as those associated with the direct ownership
of the securities comprising the index on which the ETF is based and the value of the Fund's investment will fluctuate in response
to the performance of the underlying index. ETFs typically incur fees that are separate from those of the Fund. Accordingly, the
Fund's investments in ETFs will result in the layering of expenses such that shareholders will indirectly bear a proportionate
share of the ETFs' operating expenses, in addition to paying Fund expenses. Because ETFs are listed on national stock exchanges
and are traded like stocks listed on an exchange, their shares potentially may trade at a discount or premium. In addition, because
the value of ETF shares depends on the demand in the market, the Adviser may not be able to liquidate the Fund's holdings at the
most optimal time, which could adversely affect Fund performance.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">EQUITY RISK - The Fund is
subject to the risk that stock prices will fall over short or extended periods of time. Historically, the equity markets have
moved in cycles, and the value of the Fund's equity securities may fluctuate drastically from day to day. Individual
companies may report poor results or be negatively affected by industry and/or economic trends and developments. The prices
of securities issued by such companies may suffer a decline in response. These factors contribute to price volatility, which
is the principal risk of investing in the Fund.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">DERIVATIVES RISK - Derivatives
are often more volatile than other investments and may magnify the Fund's gains or losses. There are various factors that
affect the Fund's ability to achieve its investment objective with derivatives. Successful use of a derivative depends upon
the degree to which prices of the underlying assets correlate with price movements in the derivatives the Fund buys or sells.
The Fund could be negatively affected if the change in market value of its securities fails to correlate perfectly with the
values of the derivatives it purchased or sold.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The lack of a liquid secondary
market for a derivative may prevent the Fund from closing its derivative positions and could adversely impact its ability to
achieve its investment objective or to realize profits or limit losses.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Because derivative instruments may
be purchased by the Fund for a fraction of the market value of the investments underlying such instruments, a relatively small
price movement in the underlying investment may result in an immediate and substantial gain or loss to the Fund. Derivatives are
often more volatile than other investments and the Fund may lose more in a derivative than it originally invested in it.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">Additionally, derivative
instruments, particularly market access products, are subject to counterparty risk, meaning that the party that issues the
derivative may experience a significant credit event and may be unwilling or unable to make timely settlement payments or
otherwise honor its obligations.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Fund may purchase or sell options,
which involve the payment or receipt of a premium by the investor and the corresponding right or obligation, as the case may be,
to either purchase or sell the underlying security for a specific price at a certain time or during a certain period. Purchasing
options involves the risk that the underlying instrument will not change price in the manner expected, so that the investor loses
its premium. For instance, the Fund would ordinarily realize a gain if, during the option period, the value of the underlying
securities decreased below the exercise price sufficiently to cover the premium and transaction costs. However, if the price of
the underlying instrument does not fall enough to offset the cost of purchasing the option, a put buyer would lose the premium
and related transaction costs. Selling options involves potentially greater risk because the investor is exposed to the extent
of the actual price movement in the underlying security rather than only the premium payment received (which could result in a
potentially unlimited loss). Over-the-counter options also involve counterparty solvency risk.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">SMALL-CAP AND MID-CAP RISK -
The smaller and medium capitalization companies in which the Fund invests may be more vulnerable to adverse business or
economic events than larger, more established companies. In particular, small and medium capitalization companies may have
limited product lines, markets and financial resources and may depend upon a relatively small management group. Therefore,
small and medium capitalization stocks may be more volatile than those of larger companies. Small and medium capitalization
stocks may be traded over-the-counter or listed on an exchange.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">MANAGEMENT RISK - The risk that the
investment techniques and risk analyses applied by the Adviser will not produce the desired results and that legislative, regulatory,
or tax developments may affect the investment techniques available to the Adviser and the individual portfolio manager in connection
with managing the Fund. There is no guarantee that the investment objective of the Fund will be achieved.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">NEW FUND RISK - Because the
Fund is new, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy,
may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize
economies of scale, any of which could result in the Fund being liquidated at any time without shareholder approval and at a
time that may not be favorable for all shareholders. Such liquidation could have negative tax consequences for shareholders
and will cause shareholders to incur expenses of liquidation.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">As
with all mutual funds, a shareholder is subject to the risk that his or her investment could lose money. A FUND SHARE IS NOT A
BANK DEPOSIT AND IT IS NOT INSURED OR GUARANTEED BY THE FDIC, OR ANY GOVERNMENT AGENCY. The principal risks affecting shareholders'
investments in the Fund are set forth below.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">INVESTMENTS
IN ETFS - To the extent that the Fund invests in ETFs, the Fund will be subject to substantially the same risks as those
associated with the direct ownership of the securities comprising the index on which the ETF is based and the value of the
Fund's investment will fluctuate in response to the performance of the underlying index. ETFs typically incur fees that are
separate from those of the Fund. Accordingly, the Fund's investments in ETFs will result in the layering of expenses such
that shareholders will indirectly bear a proportionate share of the ETFs' operating expenses, in addition to paying Fund
expenses. Because ETFs are listed on national stock exchanges and are traded like stocks listed on an exchange, their shares
potentially may trade at a discount or premium. In addition, because the value of ETF shares depends on the demand in the
market, the Adviser may not be able to liquidate the Fund's holdings at the most optimal time, which could adversely affect
Fund performance.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">EQUITY
RISK - The Fund is subject to the risk that stock prices will fall over short or extended periods of time. Historically, the equity
markets have moved in cycles, and the value of the Fund's equity securities may fluctuate drastically from day to day. Individual
companies may report poor results or be negatively affected by industry and/or economic trends and developments. The prices of
securities issued by such companies may suffer a decline in response. These factors contribute to price volatility, which is the
principal risk of investing in the Fund.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">DERIVATIVES
RISK - Derivatives are often more volatile than other investments and may magnify the Fund's gains or losses. There are various
factors that affect the Fund's ability to achieve its investment objective with derivatives. Successful use of a derivative depends
upon the degree to which prices of the underlying assets correlate with price movements in the derivatives the Fund buys or sells.
The Fund could be negatively affected if the change in market value of its securities fails to correlate perfectly with the values
of the derivatives it purchased or sold.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">The
lack of a liquid secondary market for a derivative may prevent the Fund from closing its derivative positions and could
adversely impact its ability to achieve its investment objective or to realize profits or limit losses.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Because
derivative instruments may be purchased by the Fund for a fraction of the market value of the investments underlying such instruments,
a relatively small price movement in the underlying investment may result in an immediate and substantial gain or loss to the
Fund. Derivatives are often more volatile than other investments and the Fund may lose more in a derivative than it originally
invested in it.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">Additionally,
derivative instruments, particularly market access products, are subject to counterparty risk, meaning that the party that issues
the derivative may experience a significant credit event and may be unwilling or unable to make timely settlement payments or
otherwise honor its obligations.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">The
Fund may purchase or sell options, which involve the payment or receipt of a premium by the investor and the corresponding right
or obligation, as the case may be, to either purchase or sell the underlying security for a specific price at a certain time or
during a certain period. Purchasing options involves the risk that the underlying instrument will not change price in the manner
expected, so that the investor loses its premium. For instance, the Fund would ordinarily realize a gain if, during the option
period, the value of the underlying securities decreased below the exercise price sufficiently to cover the premium and transaction
costs. However, if the price of the underlying instrument does not fall enough to offset the cost of purchasing the option, a
put buyer would lose the premium and related transaction costs. Selling options involves potentially greater risk because the
investor is exposed to the extent of the actual price movement in the underlying security rather than only the premium payment
received (which could result in a potentially unlimited loss). Over-the-counter options also involve counterparty solvency risk.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">SMALL-CAP
AND MID-CAP RISK - The smaller and medium capitalization companies in which the Fund invests may be more vulnerable to adverse
business or economic events than larger, more established companies. In particular, small and medium capitalization companies
may have limited product lines, markets and financial resources and may depend upon a relatively small management group. Therefore,
small and medium capitalization stocks may be more volatile than those of larger companies. Small and medium capitalization stocks
may be traded over-the-counter or listed on an exchange.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">MANAGEMENT
RISK - The risk that the investment techniques and risk analyses applied by the Adviser will not produce the desired results
and that legislative, regulatory, or tax developments may affect the investment techniques available to the Adviser and the
individual portfolio manager in connection with managing the Fund. There is no guarantee that the investment objective of the
Fund will be achieved.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace"> </font></p>
<p style="margin: 0; text-align: justify"><font style="font: 10pt Courier New, Courier, Monospace">NEW FUND RISK - Because the
Fund is new, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy,
may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies
of scale, any of which could result in the Fund being liquidated at any time without shareholder approval and at a time that may
not be favorable for all shareholders. Such liquidation could have negative tax consequences for shareholders and will cause shareholders
to incur expenses of liquidation.</font></p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">PERFORMANCE INFORMATION</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">PERFORMANCE INFORMATION</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">PERFORMANCE INFORMATION</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">PERFORMANCE INFORMATION</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Fund is new, and therefore has
no performance history. Once the Fund has completed a full calendar year of operations, a bar chart and table will be included
that will provide some indication of the risks of investing in the Fund by showing the variability of the Fund's return based on
net assets and comparing the Fund's performance to a broad measure of market performance.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Fund is new, and therefore has
no performance history. Once the Fund has completed a full calendar year of operations, a bar chart and table will be included
that will provide some indication of the risks of investing in the Fund by showing the variability of the Fund's return based on
net assets and comparing the Fund's performance to a broad measure of market performance.</p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">The Fund is new, and therefore has
no performance history. Once the Fund has completed a full calendar year of operations, a bar chart and table will be included
that will provide some indication of the risks of investing in the Fund by showing the variability of the Fund's return based
on net assets and comparing the Fund's performance to a broad measure of market performance.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">The Fund is new, and therefore has no performance
history. Once the Fund has completed a full calendar year of operations, a bar chart and table will be included that will provide
some indication of the risks of investing in the Fund by showing the variability of the Fund's return based on net assets and comparing
the Fund's performance to a broad measure of market performance.</p>
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0.0325
0.0225
0.0000
0.0000
0.0000
0.0060
0.0090
0.0060
0.0090
0.0025
0.0025
0.0139
0.0197
0.0164
0.0172
142
518
388
175
440
923
731
542
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">You may qualify for sales
charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Class A Shares of the
Frost Funds. More information about these and other discounts is available from your financial professional and in the
section "Sales Charges" on page 21 of this prospectus.</p>
<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"> </p>
<p style="font: 10pt/normal Courier New, Courier, Monospace; margin: 0; text-align: justify">You may qualify for sales
charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Class A Shares of the
Frost Funds. More information about these and other discounts is available from your financial professional and in the
section "Sales Charges" on page 21 of this prospectus.</p>
<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify"> </p>
50000
50000
<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"><font style="font: 10pt Courier New, Courier, Monospace">"Other
Expenses" are based on estimated amounts for the current fiscal year.</font></p>
<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"><font style="font: 10pt Courier New, Courier, Monospace">"Other
Expenses" are based on estimated amounts for the current fiscal year.</font></p>
<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"><font style="font: 10pt Courier New, Courier, Monospace">"Other
Expenses" are based on estimated amounts for the current fiscal year.</font></p>
<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"><font style="font: 10pt Courier New, Courier, Monospace">"Other
Expenses" are based on estimated amounts for the current fiscal year.</font></p>
<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"><font style="font: 10pt Courier New, Courier, Monospace">"Acquired
Fund Fees and Expenses" are based on estimated amounts for the current fiscal year.</font></p>
<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"><font style="font: 10pt Courier New, Courier, Monospace">"Acquired
Fund Fees and Expenses" are based on estimated amounts for the current fiscal year.</font></p>
<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"><font style="font: 10pt Courier New, Courier, Monospace">"Acquired
Fund Fees and Expenses" are based on estimated amounts for the current fiscal year.</font></p>
<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"><font style="font: 10pt Courier New, Courier, Monospace">"Acquired
Fund Fees and Expenses" are based on estimated amounts for the current fiscal year.</font></p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">Under normal circumstances, the Fund invests
at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large-capitalization companies
and exchange traded funds ("ETFs") designed to track the performance of large capitalization companies, and options
on securities of large capitalization companies.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">Under normal circumstances, the Fund
invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income securities of U.S. and
foreign corporate issuers, which will include corporate bonds and mortgage-backed and other asset-backed securities, and
structured notes with economic characteristics similar to fixed income securities. This investment policy may be changed by
the Fund upon 60 days' prior notice to shareholders. The Fund will invest in callable bonds, as well as fixed income
securities that pay a fixed or floating interest rate or interest that is payable in kind or payable at maturity.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">Under normal circumstances, the Fund invests
at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large-capitalization companies
and exchange traded funds ("ETFs") designed to track the performance of large capitalization companies, and options
on securities of large capitalization companies.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">Under normal circumstances, the Fund
invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income securities of U.S. and
foreign corporate issuers, which will include corporate bonds and mortgage-backed and other asset-backed securities, and
structured notes with economic characteristics similar to fixed income securities. This investment policy may be changed by
the Fund upon 60 days' prior notice to shareholders. The Fund will invest in callable bonds, as well as fixed income
securities that pay a fixed or floating interest rate or interest that is payable in kind or payable at maturity.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">As with all mutual funds, a shareholder
is subject to the risk that his or her investment could lose money.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">As with all mutual funds, a shareholder
is subject to the risk that his or her investment could lose money.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">As with all mutual funds, a shareholder
is subject to the risk that his or her investment could lose money.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">As with all mutual funds, a shareholder
is subject to the risk that his or her investment could lose money.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">A FUND SHARE IS NOT A BANK DEPOSIT AND IT
IS NOT INSURED OR GUARANTEED BY THE FDIC, OR ANY GOVERNMENT AGENCY.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">A FUND SHARE IS NOT A BANK DEPOSIT AND IT
IS NOT INSURED OR GUARANTEED BY THE FDIC, OR ANY GOVERNMENT AGENCY.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">A FUND SHARE IS NOT A BANK DEPOSIT AND IT
IS NOT INSURED OR GUARANTEED BY THE FDIC, OR ANY GOVERNMENT AGENCY.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">A FUND SHARE IS NOT A BANK DEPOSIT AND IT
IS NOT INSURED OR GUARANTEED BY THE FDIC, OR ANY GOVERNMENT AGENCY.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">Once the Fund has completed a full calendar
year of operations, a bar chart and table will be included that will provide some indication of the risks of investing in the Fund
by showing the variability of the Fund's return based on net assets and comparing the Fund's performance to a broad measure of
market performance.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">Once the Fund has completed a full calendar
year of operations, a bar chart and table will be included that will provide some indication of the risks of investing in the Fund
by showing the variability of the Fund's return based on net assets and comparing the Fund's performance to a broad measure of
market performance.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">Once the Fund has completed a full calendar
year of operations, a bar chart and table will be included that will provide some indication of the risks of investing in the Fund
by showing the variability of the Fund's return based on net assets and comparing the Fund's performance to a broad measure of
market performance.</p>
<p style="font: 10pt Courier New, Courier, Monospace; margin: 0; text-align: justify">Once the Fund has completed a full calendar
year of operations, a bar chart and table will be included that will provide some indication of the risks of investing in the Fund
by showing the variability of the Fund's return based on net assets and comparing the Fund's performance to a broad measure of
market performance.</p>
Class A Shares purchased without an initial sales charge may be subject to a contingent deferred sales charge if redeemed within 12 months of purchase.
"Other Expenses" are based on estimated amounts for the current fiscal year.
"Acquired Fund Fees and Expenses" are based on estimated amounts for the current fiscal year.