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ProspectusDaterr_ProspectusDateOct. 21, 2011
O'Shaughnessy Tactical Asset Allocation Fund (First Prospectus Summary) | O'Shaughnessy Tactical Asset Allocation Fund
 
Risk/Return:rr_RiskReturnAbstract 
Risk/Return, Headingrr_RiskReturnHeadingSUMMARY SECTION
Investment Objective, Headingrr_ObjectiveHeadingInvestment Objective
investment Objective, Primaryrr_ObjectivePrimaryTextBlock
The Fund's investment objective is to seek long-term capital appreciation.
Expense, Headingrr_ExpenseHeadingFees and Expenses of the Fund
Expense, Narrativerr_ExpenseNarrativeTextBlock
This table describes the fees and expenses that you may pay if you buy and hold
shares of the Fund. You may qualify for sales charge discounts if you and your
family invest, or agree to invest in the future, at least $50,000 in
O'Shaughnessy Funds' Class A shares. More information about these and other
discounts is available from your financial professional and in the "Shareholder
Information" section on page 15 of the Fund's Prospectus and the "Additional
Purchase and Redemption Information" section on page 38 of the Fund's Statement
of Additional Information ("SAI").
Shareholder Fees, Captionrr_ShareholderFeesCaptionSHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses, Captionrr_OperatingExpensesCaptionANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover, Headingrr_PortfolioTurnoverHeadingPortfolio Turnover
Portfolio Turnoverrr_PortfolioTurnoverTextBlock
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
annual fund operating expenses or in the Example, affect the Fund's performance.
Expense Breakpoint, Discountsrr_ExpenseBreakpointDiscountsYou may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in O'Shaughnessy Funds' Class A shares.
Expense Breakpoint, Minimum Investment Required Amountrr_ExpenseBreakpointMinimumInvestmentRequiredAmount$ 50,000
Other Expenses, New Fund, Based on Estimatesrr_OtherExpensesNewFundBasedOnEstimatesOther expenses are based on estimated customary Fund expenses for the current fiscal year.
Expense Example, Headingrr_ExpenseExampleHeadingExample
Expense Example, Narrativerr_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds. The Example assumes that you
invest $10,000 in the Fund for the time periods indicated and then redeem all
of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the Fund's operating expenses
remain the same (taking into account the Expense Caps only in the first
year). Although your actual costs may be higher or lower, based on these
assumptions, your costs would be:
Investment Strategy, Headingrr_StrategyHeadingPrincipal Investment Strategies of the Fund
Investment Strategy, Narrativerr_StrategyNarrativeTextBlock
Under normal market conditions, the Fund allocates its portfolio, either
directly or through the use of derivatives, in a variety of asset classes,
including, but not limited to, equity securities, fixed income securities,
commodity-linked derivatives, real estate investment trusts ("REITs"), money
market instruments, exchange-traded funds ("ETFs") and currencies in proportions
which reflect the Adviser's judgment of the potential returns and risks of each
asset class. The Adviser employs a proprietary quantitatively-driven approach to
security selection based on research and analysis of market conditions. The
strategy dynamically allocates the Fund's portfolio across asset classes, and
therefore, allocation to particular asset classes may shift quickly and
significantly based on market conditions. In selecting securities, the Adviser
evaluates factors that may include, but are not limited to: valuation, price
trends and economic conditions. Portfolio securities may be sold generally upon
rebalancings of the Fund's allocations. When selling portfolio securities, the
Adviser considers the same factors it uses in evaluating a security for purchase
and generally sells securities when it believes such securities no longer meet
its investment criteria. The Fund may from time to time emphasize investment in
certain sectors of the market.

Equity securities in which the Fund may invest include, but are not limited to,
common and preferred stocks of companies of all market capitalizations,
convertible securities, rights and warrants to purchase common stock and
depositary receipts listed on a U.S. stock exchange, traded through NASDAQ or
otherwise in the U.S. over-the-counter market (collectively, the "U.S. Markets")
or a foreign stock exchange or traded in the worldwide over-the-counter market
(collectively, "Non-U.S. Markets"). Fixed income securities in which the Fund
may invest include, but are not limited to, those of governments, government
agencies, inflation-protected securities, asset-backed securities,
municipalities and companies across a wide range of industries and market
capitalizations. Such fixed-income securities may be of any maturity, duration
or quality, including those that are rated below investment grade (i.e., "junk
bonds"). The Fund may invest up to 100% of its total assets in the securities of
foreign issuers, including those in emerging markets, and may invest up to 25%
of its total assets in REITs or foreign real estate companies. The Fund may
invest up to 100% of its total assets in other investment companies, including
ETFs. Investment companies or ETFs that invest predominantly in a particular
asset class are considered an investment in that asset class for the purposes of
the Fund's allocation. The Fund may purchase and sell certain derivative
instruments, such as futures contracts, options, swaps and currency-related
transactions involving futures contracts and forward contracts, for various
portfolio management purposes, including, but not limited to, reducing
transaction costs, increasing overall liquidity of the Fund, gaining exposure to
outside markets not ordinarily available, and to mitigate risks. In general
terms, a derivative instrument is one whose value depends on (or is derived
from) the value of an underlying asset, interest rate or index. The Fund may
invest up to 100% of its total assets in derivative instruments subject to the
provisions of the Investment Company Act of 1940, as amended (the "1940
Act"). The Adviser expects that the Fund's investment strategy may result in a
portfolio turnover rate in excess of 100% on an annual basis. The Fund may also
utilize leverage as part of the portfolio management process and may engage in
short sale transactions with respect to 25% of the Fund's total assets. The Fund
may hold money market instruments, cash and cash equivalents in an amount of up
to 100% of the portfolio depending on the state of the market and the output of
the quantitative selection screen.

The Fund is non-diversified, which means that it can invest a greater percentage
of its assets in any one issuer than a diversified fund. Investing in fewer
issuers makes a fund more susceptible to financial, economic or market events
impacting such issuers and may cause the Fund's share price to be more volatile
than the share price of a diversified fund.
Risk, Headingrr_RiskHeadingPrincipal Risks of Investing in the Fund
Risk, Narrativerr_RiskNarrativeTextBlock
Losing all or a portion of your investment is a risk of investing in the
Fund. The following principal risks could affect the value of your investment:

o  Market Risk and Equity Risks. Market risk is the possibility that the market
   value of securities owned by the Fund will decline. Investments in common
   stocks and other equity securities generally are affected by changes in the
   stock markets, which fluctuate substantially over time, sometimes suddenly and
   sharply. The values of convertible securities tend to decline as interest
   rates rise and, because of the conversion feature, tend to vary with
   fluctuations in the market value of the underlying equity security.

o  Management Risk. The Fund is subject to management risk because it is an
   actively managed portfolio. The Adviser's management practices and investment
   strategies might not work to meet the Fund's investment objective.

o  Tactical Asset Allocation Risk. The selection of the Fund assets, and the
   tactical allocation of the Fund assets among the various market segments, may
   cause the Fund to underperform other funds with a similar investment objective
   that do not employ a tactical asset allocation strategy. The Adviser will make
   extensive use of trading models to make tactical decisions of when to buy or
   sell securities. These models could fail to produce correct trading signals
   and thus adversely impact the Fund's returns. Because the risks and returns of
   different asset classes can vary widely over any given time period, the Fund's
   performance could suffer if a particular asset class does not perform as
   expected.

o  Small- and Medium-Sized Company Risk. Small- and medium-sized companies often
   have less predictable earnings, more limited product lines, markets,
   distribution channels or financial resources and the management of such
   companies may be dependent upon one or few key people. The market movements of
   equity securities of small- and medium-sized companies may be more abrupt and
   volatile than the market movements of equity securities of larger, more
   established companies or the stock market in general and small-sized companies
   in particular, are generally less liquid than the equity securities of larger
   companies.

o  Sector Risk. To the extent the Fund invests a significant portion of its
   assets in the securities of companies in the same sector of the market, the
   Fund is more susceptible to economic, political, regulatory and other
   occurrences influencing those sectors.

o  Foreign Securities Risk. The risks of investing in the securities of foreign
   issuers, including emerging market issuers and depositary receipts, can
   include fluctuations in foreign currencies, foreign currency exchange
   controls, political and economic instability, differences in securities
   regulation and trading, and foreign taxation issues. These risks are greater
   in emerging markets.

o  Foreign Currency Risk. Currency movements may negatively impact value even
   when there is no change in value of the security in the issuer's home
   country. Currency management strategies, including forward currency contracts,
   may substantially change the Fund's exposure to currency exchange rates and
   could result in losses to the Fund if currencies do not perform as the Adviser
   expects.

o  Emerging Market Risk. There is an increased risk of price volatility
   associated with emerging market countries, which may be magnified by currency
   fluctuations relative to the U.S. dollar.

o  REITs and Foreign Real Estate Companies Risk. Investing in REITs and foreign
   real estate companies makes the Fund more susceptible to risks associated with
   the ownership of real estate and with the real estate industry in general and
   may involve duplication of management fees and other expenses. REITs and
   foreign real estate companies may be less diversified than other pools of
   securities, may have lower trading volumes and may be subject to more abrupt
   or erratic price movements than the overall securities markets.

o  Investment Company Risk. When the Fund invests in an ETF or mutual fund, it
   will bear additional expenses based on its pro rata share of the ETF's or
   mutual Fund's operating expenses, including the potential duplication of
   management fees. The risk of owning an ETF or mutual fund generally reflects
   the risks of owning the underlying securities the ETF or mutual fund
   holds. The Fund also will incur brokerage costs when it purchases ETFs.

o  Derivative Transactions Risk. Risks of derivatives include the possible
   imperfect correlation between the value of the instruments and the underlying
   assets; risks of default by the other party to the transaction; risks that the
   transactions may result in losses that partially or completely offset gains in
   portfolio positions; and risks that the instruments may not be liquid.

o  Portfolio Turnover Risk. The Fund's tactical investment process is expected to
   result in a high portfolio turnover rate. A high portfolio turnover rate (100%
   or more) has the potential to result in the realization and distribution to
   shareholders of higher capital gains, which may subject you to a higher tax
   liability. High portfolio turnover also necessarily results in greater
   transaction costs which may reduce Fund performance.

o  New Fund Risk. The Fund is new with no operating history and there can be no
   assurance that the Fund will grow to or maintain an economically viable size,
   in which case the Board may determine to liquidate the Fund.

o  Non-Diversification Risk. The Fund has the ability to take larger positions in
   a smaller number of issuers than a diversified fund and the Fund's share price
   may therefore be more volatile than the share price of a diversified fund.

o  Commodity Risk. The Fund may invest in commodity-linked derivatives, which
   may be subject to significant fluctuations in value resulting from various
   factors, including changes in overall market movements, commodity index
   volatility, interest rate changes and other factors affecting a particular
   industry or commodity.

o  Fixed Income Risks. The following risks are associated with the Fund's
   investment in fixed income securities.

   o  Prepayment and Extension Risk. The risk that the securities may be paid off
      earlier or later than expected. Either situation could cause securities to
      pay lower-than-market rates of interest, which could hurt the Fund's yield
      or share price.

   o  Interest Rate Risk. Interest rate risk refers to the risk that bond prices
      generally fall as interest rates rise; conversely, bond prices generally
      rise as interest rates fall.

   o  Credit Risk. Credit risk is the risk of loss on an investment due to the
      deterioration of an issuer's financial health. Such a deterioration of
      financial health may result in a reduction of the credit rating of the
      issuer's securities and may lead to the issuer's inability to honor its
      contractual obligations including making timely payment of interest and
      principal.

   o  High-Yield Securities Risk. Fixed income securities that are rated below
      investment grade (i.e., "junk bonds") are subject to additional risk
      factors due to the speculative nature of these securities, such as
      increased possibility of default liquidation of the security, and changes
      in value based on public perception of the issuer.

o  Leverage and Short Sales Risk. Leverage can increase the investment returns of
   the Fund if the securities purchased increase in value in an amount exceeding
   the cost of the borrowing. However, if the securities decrease in value, the
   Fund will suffer a greater loss than would have resulted without the use of
   leverage. A short sale is the sale by the Fund of a security which it does not
   own in anticipation of purchasing the same security in the future at a lower
   price to close the short position. A short sale will be successful if the
   price of the shorted security decreases. However, if the underlying security
   goes up in price during the period in which the short position is outstanding,
   the Fund will realize a loss. The risk on a short sale is unlimited because
   the Fund must buy the shorted security at the higher price to complete the
   transaction. Therefore, short sales may be subject to greater risks than
   investments in long positions.
Risk, Lose Moneyrr_RiskLoseMoneyLosing all or a portion of your investment is a risk of investing in the Fund.
Risk, Nondiversified Statusrr_RiskNondiversifiedStatusThe Fund has the ability to take larger positions in a smaller number of issuers than a diversified fund and the Fund's share price may therefore be more volatile than the share price of a diversified fund.
Bar Chart and Performance Table, Headingrr_BarChartAndPerformanceTableHeadingPerformance
Performance, Narrativerr_PerformanceNarrativeTextBlock
When the Fund has been in operation for a full calendar year, performance
information will be shown here. Updated performance information is available
on the Fund's website at www.osam.com or by calling the Fund toll-free at
1-877-291-7827.
Performance, One Year or Lessrr_PerformanceOneYearOrLessWhen the Fund has been in operation for a full calendar year, performance information will be shown here.
Performance, Availability Phone Numberrr_PerformanceAvailabilityPhone1-877-291-7827
Performance, Availability Website Addressrr_PerformanceAvailabilityWebSiteAddresswww.osam.com
O'Shaughnessy Tactical Asset Allocation Fund (First Prospectus Summary) | O'Shaughnessy Tactical Asset Allocation Fund | Class A Shares
 
Risk/Return:rr_RiskReturnAbstract 
Fee Waiver or Reimbursement over Assets, Date of Terminationrr_FeeWaiverOrReimbursementOverAssetsDateOfTermination2012-11-30
O'Shaughnessy Tactical Asset Allocation Fund (First Prospectus Summary) | O'Shaughnessy Tactical Asset Allocation Fund | Class C Shares
 
Risk/Return:rr_RiskReturnAbstract 
Fee Waiver or Reimbursement over Assets, Date of Terminationrr_FeeWaiverOrReimbursementOverAssetsDateOfTermination2012-11-30
O'Shaughnessy Tactical Asset Allocation Fund | Class A Shares
 
Risk/Return:rr_RiskReturnAbstract 
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice5.25%
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption price, whichever is less)rr_MaximumDeferredSalesChargeOverOfferingPrice none
Redemption Fee (as a percentage of amount redeemed on shares held for 90 days or less)rr_RedemptionFeeOverRedemption(2.00%)
Management Feesrr_ManagementFeesOverAssets0.85%
Distribution (Rule 12b-1) Feesrr_DistributionAndService12b1FeesOverAssets0.25%
Shareholder Servicing Plan Feesrr_Component1OtherExpensesOverAssets0.25%
Other Expenses (includes Shareholder Servicing Plan Fees)rr_OtherExpensesOverAssets1.84%[1]
Acquired Fund Fees and Expensesrr_AcquiredFundFeesAndExpensesOverAssets0.18%
Total Annual Fund Operating Expensesrr_ExpensesOverAssets3.12%
Less: Fee Waiver and Expense Reimbursementrr_FeeWaiverOrReimbursementOverAssets(1.50%)[2]
Net Annual Fund Operating Expensesrr_NetExpensesOverAssets1.62%
Expense Example, With Redemption, 1 Yearrr_ExpenseExampleYear01681
Expense Example, With Redemption, 3 Yearsrr_ExpenseExampleYear031,304
Expense Example, No Redemption, 1 Yearrr_ExpenseExampleNoRedemptionYear01681
Expense Example, No Redemption, 3 Yearsrr_ExpenseExampleNoRedemptionYear031,304
O'Shaughnessy Tactical Asset Allocation Fund | Class C Shares
 
Risk/Return:rr_RiskReturnAbstract 
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption price, whichever is less)rr_MaximumDeferredSalesChargeOverOfferingPrice1.00%
Redemption Fee (as a percentage of amount redeemed on shares held for 90 days or less)rr_RedemptionFeeOverRedemption(2.00%)
Management Feesrr_ManagementFeesOverAssets0.85%
Distribution (Rule 12b-1) Feesrr_DistributionAndService12b1FeesOverAssets1.00%
Shareholder Servicing Plan Feesrr_Component1OtherExpensesOverAssets0.25%
Other Expenses (includes Shareholder Servicing Plan Fees)rr_OtherExpensesOverAssets1.84%[1]
Acquired Fund Fees and Expensesrr_AcquiredFundFeesAndExpensesOverAssets0.18%
Total Annual Fund Operating Expensesrr_ExpensesOverAssets3.87%
Less: Fee Waiver and Expense Reimbursementrr_FeeWaiverOrReimbursementOverAssets(1.50%)[2]
Net Annual Fund Operating Expensesrr_NetExpensesOverAssets2.37%
Expense Example, With Redemption, 1 Yearrr_ExpenseExampleYear01340
Expense Example, With Redemption, 3 Yearsrr_ExpenseExampleYear031,043
Expense Example, No Redemption, 1 Yearrr_ExpenseExampleNoRedemptionYear01240
Expense Example, No Redemption, 3 Yearsrr_ExpenseExampleNoRedemptionYear03$ 1,043
[1]Other expenses are based on estimated customary Fund expenses for the current fiscal year.
[2]O'Shaughnessy Asset Management, LLC (the "Adviser") has contractually agreed to waive all or a portion of its management fees and pay expenses of the Fund to ensure that Net Annual Fund Operating Expenses (excluding acquired fund fees and expenses ("AFFE"), interest, taxes and extraordinary expenses) do not exceed 1.44% of average daily net assets of the Fund's Class A shares and 2.19% of average daily net assets of the Fund's Class C shares (the "Expense Caps"). The Expense Caps will remain in effect through at least November 30, 2012, and may be terminated only by the Trust's Board of Trustees (the "Board"). The Adviser may request recoupment of previously waived fees and paid expenses from the Fund for three years from the date they were waived or paid, subject to the Expense Caps.