EX-99.77J REVALUATN 3 revaluation.htm REVALUATION revaluation.htm
 
 


EX-99.77J REVALUATION
 
 
Exhibit 77(j)(b) – Restatement of Capital Accounts

For the year ended December 31, 2012, the Al Frank Funds made the following permanent tax adjustments on the statements of assets and liabilities:

 
Accumulated
Net Investment
Income/(Loss)
Accumulated
Net Realized
Gain/(Loss)
 
Paid-in Capital
Al Frank Fund
         $47
        $(47)
      $  -
Al Frank Dividend Value Fund
           (4)
             4
          -

The reclassifications have no effect on net assets or net asset value per share.


For the year ended December 31, 2012, the Capital Advisors Funds made the following permanent tax adjustments on the statements of assets and liabilities:

 
Accumulated
Net Investment
Income/(Loss)
Accumulated
Net Realized
Gain/(Loss)
 
Paid-in Capital
Capital Advisors Growth Fund
         $5
         $(5)
      $  -
TacticalShares Dynamic Allocation  Fund
           9
             -
        (9)

The reclassifications have no effect on net assets or net asset value per share.