Logan Capital Large Cap Growth Fund (Prospectus Summary) | Logan Capital Large Cap Growth Fund

Logan Capital Large Cap Growth Fund

Investment Objective

The Logan Capital Large Cap Growth Fund seeks long-term capital appreciation.

Fees and Expenses of the Fund

This table describes the fees and expenses that you may pay if you buy and hold
shares of the Fund.

Shareholder Fees (fees paid directly from your investment)

Shareholder Fees Logan Capital Large Cap Growth Fund	Institutional Class	Investor Class
Redemption Fee (as a percentage of amount redeemed on shares held for 180 days or less)	1.00%	1.00%

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

Annual Fund Operating Expenses Logan Capital Large Cap Growth Fund		Institutional Class	Investor Class
Management Fees		0.65%	0.65%
Distribution and Service (Rule 12b-1) Fees		none	0.25%
Shareholder Servicing Plan Fee		0.10%	0.10%
Other Expenses (includes Shareholder Servicing Plan Fee)	[1]	1.13%	1.13%
Total Annual Fund Operating Expenses		1.78%	2.03%
Less: Fee Waiver and Expense Reimbursement	[2]	(0.53%)	(0.53%)
Net Annual Fund Operating Expenses		1.25%	1.50%

Example

This Example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds. The Example assumes that you
invest $10,000 in the Fund for the time periods indicated and then redeem all of
your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the Fund's operating expenses
remain the same (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:

Expense Example Logan Capital Large Cap Growth Fund (USD $)	Expense Example, With Redemption, 1 Year	Expense Example, With Redemption, 3 Years
Institutional Class	127	509
Investor Class	153	585

Portfolio Turnover

The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover 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.

Principal Investment Strategies of the Fund

Under normal market conditions, the Fund will invest at least 80% of its net
assets (including any borrowings for investment purposes) in large capitalization
equity securities. The Fund expects to invest principally in equity securities
that are traded on U.S. securities exchanges. For purposes of the Fund's
investments, large capitalization securities are those whose market
capitalization at the time of purchase falls within the range of the Russell
1000® Index. As of the most recent reconstitution, companies in the Russell
1000® Index have market capitalizations ranging from $1.6 billion to $411
billion. Equity securities in which the Fund may invest include common stocks,
preferred stocks, American Depositary Receipts ("ADRs"), rights and warrants,
and may include securities of companies that are offered pursuant to an initial
public offering ("IPO"). The Fund may invest up to 20% of its total assets in
securities of foreign issuers, including issuers in emerging markets. Additionally,
the Fund may invest up to 15% of its total assets in other investment companies,
including exchange-traded funds ("ETFs"), and may purchase and sell options on
equities and stock indices with respect to 10% of its total assets. The Fund may
also sell securities short with respect to 10% of its total assets.

The Fund's investment process is "bottom up" and focused on superior security
selection. The investment team utilizes a three-component process that includes
top-down macroeconomic analysis, fundamental research and technical
analysis. For a stock to be eligible for portfolio inclusion, it must pass all
three independent components of this process.

1.)  Macroeconomic analysis - To aid in security selection, the Advisor begins by
     analyzing macroeconomic factors including, but not limited to, trends in    
     real GDP growth, short and long-term interest rates, yield curve, inflation,
     Federal Reserve actions, productivity gains and corporate cash flow.        

2.)  Fundamental analysis - Investment ideas are generated utilizing the         
     Advisor's proprietary ranking and screening tool which assigns a score,     
     based on a number of factors, to a broad universe of stocks. Factors        
     considered include, but are not limited to, market expansion opportunities,
     market dominance and/or pricing power, significant barriers to entry and a  
     strong balance sheet.                                                       

3.)  Technical Analysis - Evaluation that examines a stock's pricing behavior and
     chart patterns to determine an uptrend or downtrend and other               
     characteristics.                                                            

The Advisor may sell a position when it no longer qualifies for purchase under
at least two of the three independent components.

Principal Investment Risks

·  Management Risk. The Fund is subject to management risk because it is an      
   actively managed portfolio. The Advisor's management practices and investment
   strategies might not produce the desired results. The Advisor may be incorrect
   in its assessment of a stock's appreciation potential. The Advisor has not    
   previously managed a mutual fund.                                             

·  Market Risk. The prices of the securities in which the Fund invests may       
   decline for a number of reasons. These reasons may include changing economic  
   circumstances and/or perceptions about the creditworthiness of individual     
   issuers.                                                                      

·  Equity Risk. The risks that could affect the value of the Fund's shares and   
   the total return on your investment include the possibility that the equity   
   securities held by the Fund will experience sudden, unpredictable drops in    
   value or long periods of decline in value.                                    

·  Growth Style Investment Risk. Growth stocks can perform differently from the  
   market as a whole and from other types of stocks. While growth stocks may     
   react differently to issuer, political, market and economic developments than
   the market as a whole and other types of stocks by rising or falling in price
   in certain environments, growth stocks also tend to be sensitive to changes in
   the earnings of their underlying companies and more volatile than other types
   of stocks, particularly over the short term.                                  
  
·  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.       

·  Foreign Securities and Emerging Markets Risk. The Fund may invest in foreign  
   securities, including in emerging markets. These foreign investments are      
   subject to special risks. Foreign securities can be more volatile than        
   domestic (U.S.) securities. Securities markets of other countries are         
   generally smaller than U.S. securities markets. Many foreign securities may be
   less liquid and more volatile than U.S. securities, which could affect the    
   Fund's investments. In addition, the Fund may invest in emerging markets which
   are more volatile than the markets of developed countries.                    

·  Options Risk. Options on securities may be subject to greater fluctuations in
   value than an investment in the underlying securities. Purchasing and writing
   put and call options are highly specialized activities and entail greater than
   ordinary investment risks.                                                    

·  Initial Public Offering Risk. The Fund may purchase securities of companies   
   that are offered pursuant to an IPO. The risk exists that the market value of
   IPO shares will fluctuate considerably due to factors such as the absence of a
   prior public market, unseasoned trading, the small number of shares available
   for trading and limited information about the issuer. The purchase of IPO     
   shares may involve high transaction costs. IPO shares are subject to market   
   risk and liquidity risk. When the Fund's asset base is small, a significant   
   portion of the Fund's performance could be attributable to investments in     
   IPOs, because such investments would have a magnified impact on the Fund.     

·  Short Sales Risk. 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.                                     

·  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.

Performance

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.logancapital.com/funds or by calling the Fund
toll-free at 1-855-215-1200.

[1] Other expenses are based on estimated Fund expenses for the current fiscal year.

[2] Logan Capital Management, Inc. (the "Advisor") has contractually agreed to waive a portion or all of its management fees and pay Fund expenses (excluding acquired fund fees and expenses ("AFFE"), interest, taxes, interest and dividend expense on securities sold short and extraordinary expenses) in order to limit Net Annual Fund Operating Expenses to 1.25% and 1.50% of average daily net assets of the Fund's Institutional Class shares and Investor Class shares, respectively (the "Expense Caps"). The Expense Caps will remain in effect through at least August 28, 2013, and may be terminated only by the Trust's Board of Trustees (the "Board"). The Advisor 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.