0000894189-13-003756.txt : 20130711 0000894189-13-003756.hdr.sgml : 20130711 20130711100816 ACCESSION NUMBER: 0000894189-13-003756 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20130711 DATE AS OF CHANGE: 20130711 EFFECTIVENESS DATE: 20130711 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRUST FOR PROFESSIONAL MANAGERS CENTRAL INDEX KEY: 0001141819 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-62298 FILM NUMBER: 13963130 BUSINESS ADDRESS: STREET 1: U.S. BANCORP FUND SERVICES LLC STREET 2: 615 EAST MICHIGAN ST 2ND FLOOR CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4147655067 MAIL ADDRESS: STREET 1: U.S. BANCORP FUND SERVICES LLC STREET 2: 615 EAST MICHIGAN ST 2ND FLOOR CITY: MILWAUKEE STATE: WI ZIP: 53202 FORMER COMPANY: FORMER CONFORMED NAME: ZODIAC TRUST DATE OF NAME CHANGE: 20010601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRUST FOR PROFESSIONAL MANAGERS CENTRAL INDEX KEY: 0001141819 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-10401 FILM NUMBER: 13963131 BUSINESS ADDRESS: STREET 1: U.S. BANCORP FUND SERVICES LLC STREET 2: 615 EAST MICHIGAN ST 2ND FLOOR CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4147655067 MAIL ADDRESS: STREET 1: U.S. BANCORP FUND SERVICES LLC STREET 2: 615 EAST MICHIGAN ST 2ND FLOOR CITY: MILWAUKEE STATE: WI ZIP: 53202 FORMER COMPANY: FORMER CONFORMED NAME: ZODIAC TRUST DATE OF NAME CHANGE: 20010601 0001141819 S000041128 Visium Event Driven Fund C000127685 Visium Event Driven Fund - Institutional Class VIDIX C000127686 Visium Event Driven Fund - Investor Class VIDVX 485BPOS 1 visiumtpm-485b_xbrl.htm POST EFFECTIVE AMENDMENT (EXHIBIT FILING) - XBRL Unassociated Document

 
As filed with the Securities and Exchange Commission on July 11, 2013
1933 Act Registration File No. 333-62298
1940 Act File No. 811-10401

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-1A
 
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
[X]
Pre-Effective Amendment No.
   
[   ]
Post-Effective Amendment No.
395
 
[X]

and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
[X]
Amendment No.
397
 
[X]
 
 
TRUST FOR PROFESSIONAL MANAGERS
(Exact Name of Registrant as Specified in Charter)

615 East Michigan Street
Milwaukee, Wisconsin 53202
(Address of Principal Executive Offices) (Zip Code)
 (Registrant’s Telephone Number, including Area Code) (414) 287-3338

Rachel A. Spearo, Esq.
U.S. Bancorp Fund Services, LLC
615 East Michigan Street, 2nd Floor
Milwaukee, Wisconsin 53202
(Name and Address of Agent for Service)

Copies to:
Carol A. Gehl, Esq.
Godfrey & Kahn, S.C.
780 North Water Street
Milwaukee, Wisconsin 53202
(414) 273-3500

It is proposed that this filing will become effective (check appropriate box)

[X]
Immediately upon filing pursuant to Rule 485(b).
[   ]
on (date) pursuant to Rule 485(b).
[   ]
on (date) pursuant to Rule 485(a)(1).
[   ]
60 days after filing pursuant to Rule 485 (a)(1).
[   ]
75 days after filing pursuant to Rule 485 (a)(2).
[   ]
on (date) pursuant to Rule 485(a)(2).

If appropriate, check the following box:

[X]
This PEA No. 395 hereby incorporates Parts A, B and C from the Fund’s PEA No. 386 on Form N-1A filed June 28, 2013.  This PEA No. 395 is filed for the sole purpose of submitting the XBRL exhibit for the risk/return summary first provided in PEA No. 386.
 
 
 
 

 
 
 
SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that this Post-Effective Amendment No. 395 to its Registration Statement meets all of the requirements for effectiveness pursuant to Rule 485(b) of the Securities Act of 1933, as amended, and the Registrant has duly caused this Post-Effective Amendment No. 395 to its Registration Statement on Form N-1A to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Milwaukee and State of Wisconsin, on the 11th day of July, 2013.
 
  TRUST FOR PROFESSIONAL MANAGERS

By:  /s/ John P. Buckel                                                               
John P. Buckel
President and Principal Executive Officer

Pursuant to the requirements of the Securities Act of 1933, as amended, this Post-Effective Amendment No. 395 to its Registration Statement has been signed below on July 11, 2013, by the following persons in the capacities indicated.
 
Signature
 
Title
Joseph C. Neuberger*                                                                
Joseph C. Neuberger
 
Chairperson and Interested Trustee
Michael D. Akers*                                                      
Michael D. Akers
 
Independent Trustee
Gary A. Drska*                                                                
Gary A. Drska
 
Independent Trustee
Jonas B. Siegel*                                                                
Jonas B. Siegel
 
Independent Trustee
/s/ John P. Buckel                                                     
John P. Buckel
 
President and Principal Executive Officer
Jennifer A. Lima*                                                     
Jennifer A. Lima
 
Vice President, Treasurer and Principal Financial and Accounting Officer
* By     /s/ John P. Buckel                                                             
 
 
John P. Buckel
*Attorney-in-Fact pursuant to Power of Attorney
previously filed with Registrant’s Post-Effective
Amendment No. 357 to its Registration Statement
on Form N-1A with the SEC on January 25, 2013,
and is incorporated by reference.

 
 
 

 

EXHIBIT INDEX


Exhibit
Exhibit No.
 
Instance Document
EX-101.INS
Schema Document
EX-101.SCH
Calculation Linkbase Document
EX-101.CAL
Definition Linkbase Document
EX-101.DEF
Label Linkbase Document
EX-101.LAB
Presentation Linkbase Document
EX-101.PRE
 
 
 

EX-101.INS 2 ck0001141819-20130628.xml INSTANCE DOCUMENT 0001141819 2013-06-28 2013-06-28 0001141819 ck0001141819:S000041128Member 2013-06-28 2013-06-28 0001141819 ck0001141819:S000041128Member ck0001141819:C000127685Member 2013-06-28 2013-06-28 0001141819 ck0001141819:S000041128Member ck0001141819:C000127686Member 2013-06-28 2013-06-28 0001141819 ck0001141819:S000041128Member rr:AfterTaxesOnDistributionsMember ck0001141819:C000127685Member 2013-06-28 2013-06-28 0001141819 ck0001141819:S000041128Member rr:AfterTaxesOnDistributionsAndSalesMember ck0001141819:C000127685Member 2013-06-28 2013-06-28 0001141819 ck0001141819:S000041128Member ck0001141819:index_SP_500_IndexMember 2013-06-28 2013-06-28 iso4217:USD xbrli:pure Other expenses are based on estimated amounts for the Fund's current fiscal year. Pursuant to an operating expense limitation agreement between Visium Asset Management, LP, the Fund's investment adviser, (the "Adviser"), and the Fund, the Adviser has agreed to waive its management fees and/or reimburse Fund expenses to ensure that Total Annual Fund Operating Expenses (exclusive of interest, acquired fund fees and expenses, leverage and tax expenses, dividends and interest expenses on short positions, brokerage commissions, and extraordinary expenses) do not exceed 1.75% and 2.00% of the Fund's average daily net assets for Institutional Class shares and Investor Class shares, respectively, through at least July 1, 2016. The operating expense limitation agreement can be terminated only by, or with the consent of, the Trust's Board of Trustees (the "Board of Trustees"). The Adviser is permitted to be reimbursed for management fee reductions and/or expense payments made in the prior three fiscal years, subject to the limitations on Fund expenses described herein. TRUST FOR PROFESSIONAL MANAGERS 485BPOS false 0001141819 2013-06-28 2013-06-28 2013-07-01 2013-07-01 Visium Event Driven Fund VIDIX VIDVX Example <div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">This Example is intended to help you compare the costs of investing in the Fund with the cost of investing in other mutual funds.&#160;&#160;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.&#160;&#160;The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same.</font></div> 182 563 207 640 ~ http://usbank.com/20130628/role/ScheduleExpenseExampleTransposed20003 column dei_LegalEntityAxis compact ck0001141819_S000041128Member row primary compact * ~ Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Principal Risks <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Before investing in the Fund, you should carefully consider your own investment goals, the amount of time you are willing to leave your money invested, and the amount of risk you are willing to take.&#160;&#160;Remember, in addition to possibly not achieving your investment goals, <font style="DISPLAY: inline; FONT-WEIGHT: bold">you could lose all or a portion of your investment in the Fund over long or even short periods of time</font>.&#160;&#160;The principal risks of investing in the Fund are:</font> </div> <br/><table cellpadding="0" cellspacing="0" id="list-1" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">General Market Risk.&#160;&#160;</font>The value of the Fund&#8217;s shares may fluctuate based on the performance of the Fund&#8217;s investments and other factors affecting the securities markets generally.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-2" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">New Fund Risk.</font>&#160;&#160;There can be no assurance that the Fund will grow to or maintain an economically viable size.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-3" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Management Risk.&#160;&#160;</font>The Adviser&#8217;s judgments about the attractiveness, value and potential appreciation of the Fund&#8217;s investments may prove to be incorrect and that the investment strategies employed by the Adviser in selecting investments for the Fund may not result in an increase in the value of your investment or in overall performance equal to other similar investment vehicles having similar investment strategies.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-4" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Event Driven Risk.</font>&#160;&#160;Investments in companies that the Adviser expects will be involved in a corporate event carry the risk that the expected event or transaction may not be completed or may be completed on less favorable terms than originally expected, which may lower the Fund&#8217;s performance.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-5" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Equity Risk.</font> Common stocks are susceptible to general stock market fluctuations and to volatile increases and decreases in value as market confidence in and perceptions of their issuers change.&#160;&#160;Preferred stocks are subject to the risk that the dividend on the stock may be changed or omitted by the issuer, and that participation in the growth of an issuer may be limited.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-6" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Convertible Securities Risk.&#160;&#160;</font>The market value of a convertible security will perform the same as a regular fixed-income security; that is, if market interest rates rise, the value of the convertible security falls.&#160;&#160;In the event of a liquidation of the issuing company, holders of convertible securities generally would be paid after the company&#8217;s creditors but before the company&#8217;s common shareholders.&#160;&#160;Consequently, an issuer&#8217;s convertible securities generally may be viewed as having more risk than its debt securities but less risk than its common stock.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-7" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Micro, Small and Medium Capitalization Companies Risk.&#160;&#160;</font>Investing in securities of micro, small and medium capitalization companies may involve greater volatility than investing in larger and more established companies because micro, small and medium capitalization companies can be subject to more abrupt or erratic share price changes than larger, more established companies.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-8" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Large-Cap Company Risk</font>.&#160;&#160;Larger, more established companies may be unable to respond quickly to new competitive challenges such as changes in consumer tastes or innovative smaller competitors.&#160;&#160;Also, large-cap companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-9" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Fixed Income Securities Risks</font>.&#160;&#160;Interest rates may go up resulting in a decrease in the value of the fixed income securities held by the Fund.&#160;&#160;Fixed income securities are subject to credit risk, or the risk that an issuer will not make timely payments of principal and interest.&#160;&#160;There is also the risk that an issuer may &#8220;call,&#8221; or repay, its high yielding bonds before their maturity dates.&#160;&#160;Fixed income securities subject to prepayment can offer less potential for gains during a declining interest rate environment and similar or greater potential for loss in a rising interest rate environment.&#160;&#160;Limited trading opportunities for certain fixed income securities may make it more difficult to sell or buy a security at a favorable price or time.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-10" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">High-Yield Fixed Income Securities (Junk Bond) Risk</font>.&#160;&#160;The fixed income securities held by the Fund that are rated below investment grade are subject to additional risk factors such as increased possibility of default, illiquidity of the security, and changes in value based on public perception of the issuer.&#160;&#160;Such securities are generally considered speculative because they present a greater risk of loss, including default, than higher quality debt securities.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-11" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Derivatives Risk</font>.&#160;&#160;Derivatives, including futures, options, swaps and forward foreign currency contracts, may be more volatile than investments directly in the underlying securities, involve additional costs and may involve a small initial investment relative to the risk assumed.&#160;&#160;In addition, the value of a derivative may not correlate perfectly to the underlying financial asset, index or other investment or overall securities markets.&#160;&#160;Specific types of derivative securities are also subject to a number of additional risks, such as:</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-12" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td align="right" style="WIDTH: 54pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">o&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Options and Futures Risk.&#160;&#160;</font>Options and futures contracts may be more volatile than investments directly in the underlying securities, involve additional costs and may involve a small initial investment relative to the risk assumed.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-13" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td align="right" style="WIDTH: 54pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">o&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Swap Agreement Risk.&#160;&#160;</font>A swap contract may not be assigned without the consent of the counterparty, and may result in losses in the event of a default or bankruptcy of the counterparty.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-14" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td align="right" style="WIDTH: 54pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">o&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Liquidity Risk.</font>&#160;&#160;The Fund may not be able to sell or close out a derivative instrument.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-15" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td align="right" style="WIDTH: 54pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">o&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Interest Rate Risk.</font>&#160;&#160;Underlying investments may lose value due to interest rate changes.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-16" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td align="right" style="WIDTH: 54pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">o&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Credit Risk.</font>&#160;&#160;Underlying investments may lose value due to borrowers defaulting or failing to pay back debt.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-17" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Short Sales Risk.</font>&#160;&#160;The risk of loss if the value of a security sold short increases prior to the delivery date, since the Fund must pay more for the security than it received from the purchaser in the short sale.&#160;&#160;Therefore, the risk of loss may be unlimited.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-18" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Foreign and Emerging Market Securities Risk.</font>&#160;&#160;Investments in foreign companies involve certain risks not generally associated with investments in the securities of U.S. companies, including changes in currency exchange rates, unstable political, social and economic conditions, a lack of adequate or accurate company information, differences in the way securities markets operate, less secure international banks or securities depositories than those in the U.S. and foreign controls on investment. In addition, individual international country economies may differ favorably or unfavorably from the U.S. economy in such respects as growth of gross domestic product, rates of inflation, capital reinvestment, resources, self-sufficiency and balance of payments position.&#160;&#160;The Fund may invest in emerging market countries, which can involve higher degrees of risk as compared with developed economies.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-19" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Currency and Forward Currency Contracts Risks.</font>&#160;&#160;Changes in foreign currency exchange rates will affect the value of what the Fund owns and the Fund&#8217;s share price.&#160;&#160;Generally, when the U.S. dollar rises in value against a foreign currency, an investment in that foreign currency loses value because it is worth fewer U.S. dollars.&#160;&#160;The foreign currency exchange market can be highly volatile for a variety of reasons.&#160;&#160;For example, devaluation of a currency by a country&#8217;s government or banking authority also will have a significant impact on the value of any investments denominated in that currency. Currency markets generally are not as regulated as securities markets.&#160;&#160;Investments in forward currency contracts could minimize the risk of loss due to a decline in the value of the hedged currency, but may also limit any potential gain from an increase in the value of the currency.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-20" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Investment Company and Exchange-Traded Fund Risk.</font>&#160;&#160;When the Fund invests in other investment companies, including ETFs, it will bear additional expenses based on its pro rata share of the other investment company&#8217;s or ETF&#8217;s operating expenses, including the potential duplication of management fees.&#160;&#160;The risk of owning an ETF generally reflects the risks of owning the underlying investments the ETF holds.&#160;&#160;The Fund also will incur brokerage costs when it purchases and sells ETFs.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-21" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Initial Public Offering Risk.</font>&#160;&#160;The Fund may purchase securities of companies that are offered in an IPO.&#160;&#160;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.&#160;&#160;When the Fund&#8217;s asset base is small, a significant portion of the Fund&#8217;s performance could be attributable to investments in IPOs, because such investments would have a magnified impact on the Fund.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-22" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">High Portfolio Turnover Rate Risk.</font>&#160;&#160;The Fund may have a relatively high turnover rate in comparison to many mutual funds.&#160;&#160;A high portfolio turnover rate (100% or more) has the potential to result in increased brokerage transaction costs which may lower the Fund&#8217;s returns.&#160;&#160;Furthermore, a high portfolio turnover rate may result in the realization by the Fund, and distribution to shareholders, of a greater amount of short-term capital gains than if the Fund had a low portfolio turnover rate.&#160;&#160;Distributions to shareholders of short-term capital gains are taxed as ordinary income under federal income tax laws.&#160;&#160;This could result in a higher tax liability and may lower your after-tax return.</font> </div> </td> </tr> </table> Remember, in addition to possibly not achieving your investment goals, you could lose all or a portion of your investment in the Fund over long or even short periods of time Investment Objective <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Visium Event Driven Fund (the &#8220;Fund&#8221;) seeks to achieve capital growth while maintaining a low correlation to the U.S. equity markets.</font> </div> Fees and Expenses of the Fund <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.</font> </div> -0.0200 -0.0200 0.0125 0.0125 0.0000 0.0025 0.0010 0.0010 0.0082 0.0082 0.0004 0.0004 0.0221 0.0246 -0.0042 -0.0042 0.0179 0.0204 ~ http://usbank.com/20130628/role/ScheduleShareholderFees20001 column dei_LegalEntityAxis compact ck0001141819_S000041128Member row primary compact * ~ ~ http://usbank.com/20130628/role/ScheduleAnnualFundOperatingExpenses20002 column dei_LegalEntityAxis compact ck0001141819_S000041128Member row primary compact * ~ 2016-07-01 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Other expenses are based on estimated amounts for the Fund's current fiscal year. Shareholder Fees (fees paid directly from your investment) Principal Investment Strategies <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Fund pursues its investment objective by employing an event-driven investment approach targeting the equity and fixed income securities of companies that the Adviser believes will be impacted by pending or anticipated corporate events.&#160;&#160;Such corporate events include, but are not limited to, mergers, acquisitions, spin-offs, bankruptcy restructurings, stock buybacks, industry consolidations, large capital expenditure programs, significant management changes, self-liquidations or other similar events.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The types of equity securities in which the Fund may invest on a long and short basis include, but are not limited to, common and preferred stocks of all market capitalizations, rights, warrants and other investment companies, including exchange-traded funds (&#8220;ETFs&#8221;).&#160;&#160;The Fund may invest in equity securities of foreign issuers (including issuers located in emerging markets), and may invest in foreign securities in the form of depositary receipts.&#160;&#160;The Fund may also invest in securities issued in initial public offerings (&#8220;IPOs&#8221;).</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The types of fixed income securities in which the Fund may invest include securities of U.S. and foreign issuers (including issuers located in emerging markets).&#160;&#160;&#8220;Fixed income securities&#8221; include, but are not limited to, corporate bonds, convertible bonds and obligations of the U.S. Government.&#160;&#160;The fixed income securities in which the Fund invests may be of varying maturities and may include those that are rated below investment grade (i.e., &#8220;junk bonds&#8221;).</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund may also invest in derivative instruments, specifically futures contracts, options, total return swaps and currency-linked derivatives, such as forward foreign currency contracts, as a substitute for making direct investments in the underlying instruments or to reduce exposure to, or &#8220;hedge,&#8221; against market volatilities and other risks.&#160;&#160;The Fund may use a derivative investment rather than investing directly in an underlying asset class as a low-cost, effective means to gain exposure to the asset class.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In selecting the Fund&#8217;s investments, the Adviser employs both qualitative and quantitative analysis to identify attractive opportunities involving companies with pending corporate events as well as companies that might become involved in corporate events.&#160;&#160;The Fund generally holds positions until the completion of the corporate event.&#160;&#160;However, a position may be sold prior to the completion of the event when the company involved no longer meets the Fund&#8217;s expected return requirements as determined by the Adviser.&#160;&#160;The Adviser expects that the Fund&#8217;s active or frequent trading of portfolio securities may result in a portfolio turnover rate in excess of 100% on an annual basis.</font> </div> Portfolio Turnover <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio).&#160;&#160;A higher portfolio turnover rate may generate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.&#160;&#160;These transaction costs and potentially higher taxes, which are not reflected in the annual fund operating expenses or in the Example, affect the Fund&#8217;s performance.</font> </div> Performance <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The accompanying bar chart and table provide some indication of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year-to-year and how the Fund&#8217;s average annual total returns for 1, 5 and 10 years and since January 1, 2001 compare with those of a broad measure of market performance.&#160;&#160;Updated performance information is available at www.visiummutualfunds.com or by calling the Fund toll-free at 1-855-9VISIUM. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Immediately prior to the commencement of the Fund&#8217;s operations, which is expected to occur on July 31, 2013, the Visium Catalyst Event Driven Fund, LP, a limited partnership managed by the Adviser on a fully discretionary basis, converted into the Fund by transferring all of its assets to the Fund in exchange for shares of the Fund (the &#8220;Conversion&#8221;).&#160;&#160;From its inception through December 31, 2005, Visium Catalyst Event Driven Fund, LP maintained an actively managed portfolio pursuant to an investment objective and policies that were, in all material respects, equivalent to those of the Fund.&#160;&#160;From January 1, 2006, until the time of the Conversion, the sole investment of the Visium Catalyst Event Driven Fund, LP was its shareholder interest in Visium Catalyst Event Driven Master Fund, Ltd., a master fund whose investment objective and policies were, in all material respects, also equivalent to those of the Fund.&#160;&#160;Visium Catalyst Event Driven Fund, LP and Visium Catalyst Event Driven Master Fund, Ltd. are referred to collectively below as the &#8220;Predecessor Partnership.&#8221;</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">At the time of the Conversion the Predecessor Partnership&#8217;s investment portfolio was managed by the same team of portfolio managers who manage the Fund&#8217;s investment portfolio.&#160;&#160;From January 1, 2001, through the Conversion, the Fund&#8217;s portfolio managers served as the portfolio managers of the Predecessor Partnership.&#160;&#160;Prior to January 1, 2001, the Fund&#8217;s portfolio managers participated in the management of the Predecessor Partnership&#8217;s portfolio, serving as assistant portfolio managers and/or research analysts from the Predecessor Partnership&#8217;s inception on May 1, 1995.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund&#8217;s performance for periods before the Conversion is that of the Predecessor Partnership and includes the expenses of the Predecessor Partnership.&#160;&#160;The performance includes gains and losses plus income and reinvestment of dividends and interest.&#160;&#160;All returns reflect the deduction of all actual fees and expenses, including management fees, administration fees, legal fees, organizational expenses, interest on margin accounts and other indebtedness, borrowing charges on securities sold short, directors&#8217; fees, audit expenses, brokerage commissions and execution costs paid by the Predecessor Partnership, without provision for state or local taxes.&#160;&#160;Custodial fees, if any, were included in the Predecessor Partnership&#8217;s management fee.&#160;&#160;The Predecessor Partnership also charged a 20% performance fee.&#160;&#160;However, this 20% performance fee was also subject to a high water mark limitation.&#160;&#160;The Fund does not charge a performance fee, nor is its fee subject to a high water mark limitation.&#160;&#160;If the annual returns set forth below did not reflect the performance fee for the years the Predecessor Partnership charged a performance fee, the returns shown would have been higher.&#160;&#160;</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The financial statements for the Predecessor Partnership were audited for all years that the Predecessor Partnership was in existence (i.e., from its inception on May 1, 1995 to the date of the Conversion).&#160;&#160;The performance returns of the Predecessor Partnership are unaudited and are calculated by the Adviser on a total return basis, including gains or losses plus income, after deducting all fees and expenses incurred, and include reinvested distributions.&#160;&#160;The Predecessor Partnership was not registered under the Investment Company Act of 1940, as amended (the &#8220;1940 Act&#8221;) and was not subject to certain investment limitations, diversification requirements and other restrictions imposed by the 1940 Act and the Internal Revenue Code of 1986, as amended, which, if applicable, may have adversely affected its performance.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund&#8217;s performance prior to the Conversion is that of the Predecessor Partnership and should not be considered indicative of the Fund&#8217;s future performance.&#160;&#160;After the Conversion, the Fund&#8217;s performance will be calculated using the standard formula set forth in rules promulgated by the SEC, which differs in certain respects from the methods used to compute total return for the Predecessor Partnership.&#160;&#160;The Adviser is also a subadviser to two investment companies registered under the 1940 Act.</font> </div> Predecessor Partnership Calendar Year Returns as of December 31 0.2822 0.1615 0.0770 0.0396 0.0561 -0.2638 0.2659 0.0561 -0.0508 0.0215 ~ http://usbank.com/20130628/role/ScheduleAnnualTotalReturnsBarChart20004 column dei_LegalEntityAxis compact ck0001141819_S000041128Member column rr_ProspectusShareClassAxis compact ck0001141819_C000127685Member row primary compact * ~ best performance 0.1348 2003-06-30 worst performance -0.1739 2008-09-30 <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">During the 10 year period shown in the bar chart, the best performance for a quarter was 13.48<font style="DISPLAY: inline; FONT-SIZE: 10pt">%</font> (for the quarter ended June 30, 2003).&#160;&#160;The worst performance was -17.39<font style="DISPLAY: inline; FONT-SIZE: 10pt">%</font> (for the quarter ended September 30, 2008).</font> </div> 0.0215 -0.0093 0.0533 0.0347 Return Before Taxes Return After Taxes on Distributions Return After Taxes on Distributions and Sale of Fund Shares 0.1600 0.0166 0.0710 0.0261 S&P 500&#174; Index 2001-01-01 2001-01-01 2001-01-01 ~ http://usbank.com/20130628/role/ScheduleAverageAnnualReturnsTransposed20005 column dei_LegalEntityAxis compact ck0001141819_S000041128Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.&#160;&#160;Actual after-tax returns depend on your situation and may differ from those shown.&#160;&#160;Furthermore, the after-tax returns shown are not relevant to those who hold their shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;).&#160;&#160;Prior to July 31, 2013, the Fund was an unregistered partnership that did not qualify as a regulated investment company for federal income tax purposes and did not pay dividends and distributions.&#160;&#160;As a result of the different tax treatment, the Fund is unable to show after-tax returns for periods prior to July 31, 2013.</font> </div> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. If the annual returns set forth below did not reflect the performance fee for the years the Predecessor Partnership charged a performance fee, the returns shown would have been higher. The Fund's performance for periods before the Conversion is that of the Predecessor Partnership and includes the expenses of the Predecessor Partnership. www.visiummutualfunds.com Actual after-tax returns depend on your situation and may differ from those shown. Furthermore, the after-tax returns shown are not relevant to those who hold their shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts ("IRAs"). Immediately prior to the commencement of the Fund's operations, which is expected to occur on July 31, 2013, the Visium Catalyst Event Driven Fund, LP, a limited partnership managed by the Adviser on a fully discretionary basis, converted into the Fund by transferring all of its assets to the Fund in exchange for shares of the Fund (the "Conversion"). The accompanying bar chart and table provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and how the Fund's average annual total returns for 1, 5 and 10 years and since January 1, 2001 compare with those of a broad measure of market performance. (reflects no deduction for fees, expenses or taxes) 1-855-9VISIUM Average Annual Total Returns (Periods Ended December 31, 2012) EX-101.SCH 3 ck0001141819-20130628.xsd SCHEMA DOCUMENT 000001 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 020000 - Document - Risk/Return Summary {Unlabeled} - Visium Event Driven Fund link:presentationLink link:definitionLink link:calculationLink 020001 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020002 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020003 - Schedule - Expense Example {Transposed} link:presentationLink link:definitionLink link:calculationLink 020004 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020005 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020006 - Disclosure - Risk/Return Detail Data {Elements} - Visium Event Driven Fund link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 4 ck0001141819-20130628_cal.xml CALCULATION LINKBASE DOCUMENT EX-101.DEF 5 ck0001141819-20130628_def.xml DEFINITION LINKBASE DOCUMENT EX-101.LAB 6 ck0001141819-20130628_lab.xml LABEL LINKBASE DOCUMENT EX-101.PRE 7 ck0001141819-20130628_pre.xml PRESENTATION LINKBASE DOCUMENT XML 8 R8.xml IDEA: Risk/Return Detail Data - Visium Event Driven Fund 2.4.0.8020006 - Disclosure - Risk/Return Detail Data {Elements} - Visium Event Driven Fundtruetruefalse1false falsefalseS000041128Memberhttp://www.sec.gov/CIK0001141819duration2013-06-28T00:00:002013-06-28T00:00:00pureStandardhttp://www.xbrl.org/2003/instancepurexbrli01true 3rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false 4rr_RiskReturnHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Visium Event Driven Fundfalsefalsefalsexbrli:stringItemTypestringRisk/Return Summary Investment Objectives/Goals Include the following information, in plain English under rule 421(d) under the Securities Act, in the order and subject matter indicatedReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 2 false03false 4rr_ObjectiveHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Investment Objectivefalsefalsefalsexbrli:stringItemTypestringInvestment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 2 -Subsection a false04false 4rr_ObjectivePrimaryTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Visium Event Driven Fund (the &#8220;Fund&#8221;) seeks to achieve capital growth while maintaining a low correlation to the U.S. equity markets.</font> </div>falsefalsefalsenonnum:textBlockItemTypenaInvestment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 2 -Subsection a false05false 4rr_ExpenseHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Fees and Expenses of the Fundfalsefalsefalsexbrli:stringItemTypestringRisk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared 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 $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) 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 you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. 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 may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 1 -Subparagraph d false06false 4rr_ExpenseNarrativeTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.</font> </div>falsefalsefalsenonnum:textBlockItemTypenaThis table describes the fees and expenses that you may pay if you buy and hold shared 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 $[_____] in [name of fund family] funds. Include the narrative explanations in the order indicated. A Fund may modify the narrative explanations if the explanation contains comparable information to that shown. The narrative explanation regarding sales charge discounts is only required by a Fund that offers such discounts and should specify the minimum level of investment required to qualify for a discount. Modify the narrative explanation to state that Fund shares are sold on a national securities exchange at the end of the time periods indicated, and that brokerage commissions for buying and selling Fund shares through a broker are not reflected.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 1 -Subparagraph b false07false 4rr_ShareholderFeesCaptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00 Shareholder Fees (fees paid directly from your investment) falsefalsefalsexbrli:stringItemTypestringShareholder Fees (fees paid directly from your investment).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection table -Paragraph 1 false08false 4rr_OperatingExpensesCaptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)falsefalsefalsexbrli:stringItemTypestringAnnual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investment)Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection table -Paragraph 1 -Subparagraph 7 false09false 4rr_FeeWaiverOrReimbursementOverAssetsDateOfTerminationrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse002016-07-01falsefalsefalsexbrli:stringItemTypestringThis element represents the date of expected termination of any expense reimbursement or fee waiver arrangements that reduce any Fund operating expenses (SEC Form N-1A 2006-09-14 A.3.table.1.11 Total Annual Fund Operating Expenses A.3.instructions.3.e).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 3 -Subparagraph e false010false 4rr_PortfolioTurnoverHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Portfolio Turnoverfalsefalsefalsexbrli:stringItemTypestringDisclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 5 false011false 4rr_PortfolioTurnoverTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio).&#160;&#160;A higher portfolio turnover rate may generate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.&#160;&#160;These transaction costs and potentially higher taxes, which are not reflected in the annual fund operating expenses or in the Example, affect the Fund&#8217;s performance.</font> </div>falsefalsefalsenonnum:textBlockItemTypenaDisclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection example -Paragraph 3 false012false 4rr_OtherExpensesNewFundBasedOnEstimatesrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Other expenses are based on estimated amounts for the Fund's current fiscal year.falsefalsefalsexbrli:stringItemTypestringThis element represents the disclosure for new funds that "Other Expenses" are based on estimated amounts for the current fiscal year.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 6 -Subparagraph a false013false 4rr_ExpenseExampleHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Examplefalsefalsefalsexbrli:stringItemTypestringHeading for Expense Example.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 4 false014false 4rr_ExpenseExampleNarrativeTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">This Example is intended to help you compare the costs of investing in the Fund with the cost of investing in other mutual funds.&#160;&#160;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.&#160;&#160;The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same.</font></div>falsefalsefalsenonnum:textBlockItemTypenaThe Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection example -Paragraph 1 -Subparagraph 1 false015false 4rr_ExpenseExampleByYearCaptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Although your actual costs may be higher or lower, based on these assumptions, your costs would be: falsefalsefalsexbrli:stringItemTypestringThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection example -Paragraph 1 -Subparagraph 2 false016false 4rr_StrategyHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Principal Investment Strategiesfalsefalsefalsexbrli:stringItemTypestringPrincipal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection a false017false 4rr_StrategyNarrativeTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Fund pursues its investment objective by employing an event-driven investment approach targeting the equity and fixed income securities of companies that the Adviser believes will be impacted by pending or anticipated corporate events.&#160;&#160;Such corporate events include, but are not limited to, mergers, acquisitions, spin-offs, bankruptcy restructurings, stock buybacks, industry consolidations, large capital expenditure programs, significant management changes, self-liquidations or other similar events.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The types of equity securities in which the Fund may invest on a long and short basis include, but are not limited to, common and preferred stocks of all market capitalizations, rights, warrants and other investment companies, including exchange-traded funds (&#8220;ETFs&#8221;).&#160;&#160;The Fund may invest in equity securities of foreign issuers (including issuers located in emerging markets), and may invest in foreign securities in the form of depositary receipts.&#160;&#160;The Fund may also invest in securities issued in initial public offerings (&#8220;IPOs&#8221;).</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The types of fixed income securities in which the Fund may invest include securities of U.S. and foreign issuers (including issuers located in emerging markets).&#160;&#160;&#8220;Fixed income securities&#8221; include, but are not limited to, corporate bonds, convertible bonds and obligations of the U.S. Government.&#160;&#160;The fixed income securities in which the Fund invests may be of varying maturities and may include those that are rated below investment grade (i.e., &#8220;junk bonds&#8221;).</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund may also invest in derivative instruments, specifically futures contracts, options, total return swaps and currency-linked derivatives, such as forward foreign currency contracts, as a substitute for making direct investments in the underlying instruments or to reduce exposure to, or &#8220;hedge,&#8221; against market volatilities and other risks.&#160;&#160;The Fund may use a derivative investment rather than investing directly in an underlying asset class as a low-cost, effective means to gain exposure to the asset class.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In selecting the Fund&#8217;s investments, the Adviser employs both qualitative and quantitative analysis to identify attractive opportunities involving companies with pending corporate events as well as companies that might become involved in corporate events.&#160;&#160;The Fund generally holds positions until the completion of the corporate event.&#160;&#160;However, a position may be sold prior to the completion of the event when the company involved no longer meets the Fund&#8217;s expected return requirements as determined by the Adviser.&#160;&#160;The Adviser expects that the Fund&#8217;s active or frequent trading of portfolio securities may result in a portfolio turnover rate in excess of 100% on an annual basis.</font> </div>falsefalsefalsenonnum:textBlockItemTypenaPrincipal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection a false018false 4rr_RiskHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Principal Risksfalsefalsefalsexbrli:stringItemTypestringNarrative Risk Disclosure.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 1 false019false 4rr_RiskNarrativeTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Before investing in the Fund, you should carefully consider your own investment goals, the amount of time you are willing to leave your money invested, and the amount of risk you are willing to take.&#160;&#160;Remember, in addition to possibly not achieving your investment goals, <font style="DISPLAY: inline; FONT-WEIGHT: bold">you could lose all or a portion of your investment in the Fund over long or even short periods of time</font>.&#160;&#160;The principal risks of investing in the Fund are:</font> </div> <br/><table cellpadding="0" cellspacing="0" id="list-1" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">General Market Risk.&#160;&#160;</font>The value of the Fund&#8217;s shares may fluctuate based on the performance of the Fund&#8217;s investments and other factors affecting the securities markets generally.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-2" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">New Fund Risk.</font>&#160;&#160;There can be no assurance that the Fund will grow to or maintain an economically viable size.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-3" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Management Risk.&#160;&#160;</font>The Adviser&#8217;s judgments about the attractiveness, value and potential appreciation of the Fund&#8217;s investments may prove to be incorrect and that the investment strategies employed by the Adviser in selecting investments for the Fund may not result in an increase in the value of your investment or in overall performance equal to other similar investment vehicles having similar investment strategies.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-4" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Event Driven Risk.</font>&#160;&#160;Investments in companies that the Adviser expects will be involved in a corporate event carry the risk that the expected event or transaction may not be completed or may be completed on less favorable terms than originally expected, which may lower the Fund&#8217;s performance.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-5" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Equity Risk.</font> Common stocks are susceptible to general stock market fluctuations and to volatile increases and decreases in value as market confidence in and perceptions of their issuers change.&#160;&#160;Preferred stocks are subject to the risk that the dividend on the stock may be changed or omitted by the issuer, and that participation in the growth of an issuer may be limited.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-6" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Convertible Securities Risk.&#160;&#160;</font>The market value of a convertible security will perform the same as a regular fixed-income security; that is, if market interest rates rise, the value of the convertible security falls.&#160;&#160;In the event of a liquidation of the issuing company, holders of convertible securities generally would be paid after the company&#8217;s creditors but before the company&#8217;s common shareholders.&#160;&#160;Consequently, an issuer&#8217;s convertible securities generally may be viewed as having more risk than its debt securities but less risk than its common stock.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-7" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Micro, Small and Medium Capitalization Companies Risk.&#160;&#160;</font>Investing in securities of micro, small and medium capitalization companies may involve greater volatility than investing in larger and more established companies because micro, small and medium capitalization companies can be subject to more abrupt or erratic share price changes than larger, more established companies.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-8" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Large-Cap Company Risk</font>.&#160;&#160;Larger, more established companies may be unable to respond quickly to new competitive challenges such as changes in consumer tastes or innovative smaller competitors.&#160;&#160;Also, large-cap companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-9" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Fixed Income Securities Risks</font>.&#160;&#160;Interest rates may go up resulting in a decrease in the value of the fixed income securities held by the Fund.&#160;&#160;Fixed income securities are subject to credit risk, or the risk that an issuer will not make timely payments of principal and interest.&#160;&#160;There is also the risk that an issuer may &#8220;call,&#8221; or repay, its high yielding bonds before their maturity dates.&#160;&#160;Fixed income securities subject to prepayment can offer less potential for gains during a declining interest rate environment and similar or greater potential for loss in a rising interest rate environment.&#160;&#160;Limited trading opportunities for certain fixed income securities may make it more difficult to sell or buy a security at a favorable price or time.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-10" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">High-Yield Fixed Income Securities (Junk Bond) Risk</font>.&#160;&#160;The fixed income securities held by the Fund that are rated below investment grade are subject to additional risk factors such as increased possibility of default, illiquidity of the security, and changes in value based on public perception of the issuer.&#160;&#160;Such securities are generally considered speculative because they present a greater risk of loss, including default, than higher quality debt securities.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-11" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Derivatives Risk</font>.&#160;&#160;Derivatives, including futures, options, swaps and forward foreign currency contracts, may be more volatile than investments directly in the underlying securities, involve additional costs and may involve a small initial investment relative to the risk assumed.&#160;&#160;In addition, the value of a derivative may not correlate perfectly to the underlying financial asset, index or other investment or overall securities markets.&#160;&#160;Specific types of derivative securities are also subject to a number of additional risks, such as:</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-12" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td align="right" style="WIDTH: 54pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">o&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Options and Futures Risk.&#160;&#160;</font>Options and futures contracts may be more volatile than investments directly in the underlying securities, involve additional costs and may involve a small initial investment relative to the risk assumed.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-13" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td align="right" style="WIDTH: 54pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">o&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Swap Agreement Risk.&#160;&#160;</font>A swap contract may not be assigned without the consent of the counterparty, and may result in losses in the event of a default or bankruptcy of the counterparty.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-14" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td align="right" style="WIDTH: 54pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">o&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Liquidity Risk.</font>&#160;&#160;The Fund may not be able to sell or close out a derivative instrument.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-15" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td align="right" style="WIDTH: 54pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">o&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Interest Rate Risk.</font>&#160;&#160;Underlying investments may lose value due to interest rate changes.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-16" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td align="right" style="WIDTH: 54pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">o&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Credit Risk.</font>&#160;&#160;Underlying investments may lose value due to borrowers defaulting or failing to pay back debt.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-17" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Short Sales Risk.</font>&#160;&#160;The risk of loss if the value of a security sold short increases prior to the delivery date, since the Fund must pay more for the security than it received from the purchaser in the short sale.&#160;&#160;Therefore, the risk of loss may be unlimited.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-18" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Foreign and Emerging Market Securities Risk.</font>&#160;&#160;Investments in foreign companies involve certain risks not generally associated with investments in the securities of U.S. companies, including changes in currency exchange rates, unstable political, social and economic conditions, a lack of adequate or accurate company information, differences in the way securities markets operate, less secure international banks or securities depositories than those in the U.S. and foreign controls on investment. In addition, individual international country economies may differ favorably or unfavorably from the U.S. economy in such respects as growth of gross domestic product, rates of inflation, capital reinvestment, resources, self-sufficiency and balance of payments position.&#160;&#160;The Fund may invest in emerging market countries, which can involve higher degrees of risk as compared with developed economies.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-19" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Currency and Forward Currency Contracts Risks.</font>&#160;&#160;Changes in foreign currency exchange rates will affect the value of what the Fund owns and the Fund&#8217;s share price.&#160;&#160;Generally, when the U.S. dollar rises in value against a foreign currency, an investment in that foreign currency loses value because it is worth fewer U.S. dollars.&#160;&#160;The foreign currency exchange market can be highly volatile for a variety of reasons.&#160;&#160;For example, devaluation of a currency by a country&#8217;s government or banking authority also will have a significant impact on the value of any investments denominated in that currency. Currency markets generally are not as regulated as securities markets.&#160;&#160;Investments in forward currency contracts could minimize the risk of loss due to a decline in the value of the hedged currency, but may also limit any potential gain from an increase in the value of the currency.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-20" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Investment Company and Exchange-Traded Fund Risk.</font>&#160;&#160;When the Fund invests in other investment companies, including ETFs, it will bear additional expenses based on its pro rata share of the other investment company&#8217;s or ETF&#8217;s operating expenses, including the potential duplication of management fees.&#160;&#160;The risk of owning an ETF generally reflects the risks of owning the underlying investments the ETF holds.&#160;&#160;The Fund also will incur brokerage costs when it purchases and sells ETFs.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-21" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Initial Public Offering Risk.</font>&#160;&#160;The Fund may purchase securities of companies that are offered in an IPO.&#160;&#160;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.&#160;&#160;When the Fund&#8217;s asset base is small, a significant portion of the Fund&#8217;s performance could be attributable to investments in IPOs, because such investments would have a magnified impact on the Fund.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-22" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="display: inline; font-size: 10pt; font-family: Symbol, serif;">&#183;&#160;&#160;</font> </div> </td> <td> <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">High Portfolio Turnover Rate Risk.</font>&#160;&#160;The Fund may have a relatively high turnover rate in comparison to many mutual funds.&#160;&#160;A high portfolio turnover rate (100% or more) has the potential to result in increased brokerage transaction costs which may lower the Fund&#8217;s returns.&#160;&#160;Furthermore, a high portfolio turnover rate may result in the realization by the Fund, and distribution to shareholders, of a greater amount of short-term capital gains than if the Fund had a low portfolio turnover rate.&#160;&#160;Distributions to shareholders of short-term capital gains are taxed as ordinary income under federal income tax laws.&#160;&#160;This could result in a higher tax liability and may lower your after-tax return.</font> </div> </td> </tr> </table>falsefalsefalsenonnum:textBlockItemTypenaNarrative Risk Disclosure. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 1 -Subparagraph i -Clause instruction false020false 4rr_RiskLoseMoneyrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Remember, in addition to possibly not achieving your investment goals, you could lose all or a portion of your investment in the Fund over long or even short periods of timefalsefalsefalsexbrli:stringItemTypestringSummarize the principal risks of investing in the Fund, including the risks to which the Fund's portfolio as a whole is subject and the circumstances reasonably likely to affect adversely the Fund's net asset value, yield, and total return. Unless the Fund is a Money Market Fund, disclose that loss of money is a risk of investing in the Fund. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 1 -Subparagraph i false021false 4rr_BarChartAndPerformanceTableHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Performancefalsefalsefalsexbrli:stringItemTypestringRisk/Return Bar Chart and Table.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 false022false 4rr_PerformanceNarrativeTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The accompanying bar chart and table provide some indication of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year-to-year and how the Fund&#8217;s average annual total returns for 1, 5 and 10 years and since January 1, 2001 compare with those of a broad measure of market performance.&#160;&#160;Updated performance information is available at www.visiummutualfunds.com or by calling the Fund toll-free at 1-855-9VISIUM. The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Immediately prior to the commencement of the Fund&#8217;s operations, which is expected to occur on July 31, 2013, the Visium Catalyst Event Driven Fund, LP, a limited partnership managed by the Adviser on a fully discretionary basis, converted into the Fund by transferring all of its assets to the Fund in exchange for shares of the Fund (the &#8220;Conversion&#8221;).&#160;&#160;From its inception through December 31, 2005, Visium Catalyst Event Driven Fund, LP maintained an actively managed portfolio pursuant to an investment objective and policies that were, in all material respects, equivalent to those of the Fund.&#160;&#160;From January 1, 2006, until the time of the Conversion, the sole investment of the Visium Catalyst Event Driven Fund, LP was its shareholder interest in Visium Catalyst Event Driven Master Fund, Ltd., a master fund whose investment objective and policies were, in all material respects, also equivalent to those of the Fund.&#160;&#160;Visium Catalyst Event Driven Fund, LP and Visium Catalyst Event Driven Master Fund, Ltd. are referred to collectively below as the &#8220;Predecessor Partnership.&#8221;</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">At the time of the Conversion the Predecessor Partnership&#8217;s investment portfolio was managed by the same team of portfolio managers who manage the Fund&#8217;s investment portfolio.&#160;&#160;From January 1, 2001, through the Conversion, the Fund&#8217;s portfolio managers served as the portfolio managers of the Predecessor Partnership.&#160;&#160;Prior to January 1, 2001, the Fund&#8217;s portfolio managers participated in the management of the Predecessor Partnership&#8217;s portfolio, serving as assistant portfolio managers and/or research analysts from the Predecessor Partnership&#8217;s inception on May 1, 1995.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund&#8217;s performance for periods before the Conversion is that of the Predecessor Partnership and includes the expenses of the Predecessor Partnership.&#160;&#160;The performance includes gains and losses plus income and reinvestment of dividends and interest.&#160;&#160;All returns reflect the deduction of all actual fees and expenses, including management fees, administration fees, legal fees, organizational expenses, interest on margin accounts and other indebtedness, borrowing charges on securities sold short, directors&#8217; fees, audit expenses, brokerage commissions and execution costs paid by the Predecessor Partnership, without provision for state or local taxes.&#160;&#160;Custodial fees, if any, were included in the Predecessor Partnership&#8217;s management fee.&#160;&#160;The Predecessor Partnership also charged a 20% performance fee.&#160;&#160;However, this 20% performance fee was also subject to a high water mark limitation.&#160;&#160;The Fund does not charge a performance fee, nor is its fee subject to a high water mark limitation.&#160;&#160;If the annual returns set forth below did not reflect the performance fee for the years the Predecessor Partnership charged a performance fee, the returns shown would have been higher.&#160;&#160;</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The financial statements for the Predecessor Partnership were audited for all years that the Predecessor Partnership was in existence (i.e., from its inception on May 1, 1995 to the date of the Conversion).&#160;&#160;The performance returns of the Predecessor Partnership are unaudited and are calculated by the Adviser on a total return basis, including gains or losses plus income, after deducting all fees and expenses incurred, and include reinvested distributions.&#160;&#160;The Predecessor Partnership was not registered under the Investment Company Act of 1940, as amended (the &#8220;1940 Act&#8221;) and was not subject to certain investment limitations, diversification requirements and other restrictions imposed by the 1940 Act and the Internal Revenue Code of 1986, as amended, which, if applicable, may have adversely affected its performance.</font> </div> <br/><div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund&#8217;s performance prior to the Conversion is that of the Predecessor Partnership and should not be considered indicative of the Fund&#8217;s future performance.&#160;&#160;After the Conversion, the Fund&#8217;s performance will be calculated using the standard formula set forth in rules promulgated by the SEC, which differs in certain respects from the methods used to compute total return for the Predecessor Partnership.&#160;&#160;The Adviser is also a subadviser to two investment companies registered under the 1940 Act.</font> </div>falsefalsefalsenonnum:textBlockItemTypenaRisk/Return Bar Chart and Table.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 false023false 4rr_PerformanceInformationIllustratesVariabilityOfReturnsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00The accompanying bar chart and table provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and how the Fund's average annual total returns for 1, 5 and 10 years and since January 1, 2001 compare with those of a broad measure of market performance.falsefalsefalsexbrli:stringItemTypestringInclude the bar chart and table required by paragraphs (b)(2)(ii) and (iii) of this section. Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph i false024false 4rr_PerformanceOneYearOrLessrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Immediately prior to the commencement of the Fund's operations, which is expected to occur on July 31, 2013, the Visium Catalyst Event Driven Fund, LP, a limited partnership managed by the Adviser on a fully discretionary basis, converted into the Fund by transferring all of its assets to the Fund in exchange for shares of the Fund (the "Conversion").falsefalsefalsexbrli:stringItemTypestringFor a Fund that provides annual total returns for only one calendar year or for a Fund that does not include the bar chart because it does not have annual returns for a full calendar year, modify, as appropriate, the narrative explanation required by stating that the information gives some indication of the risks of an investment in the Fund by comparing the Fund's performance with a broad measure of market performance). Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph i Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph instructions -Clause 1 -Exhibit b false025false 4rr_PerformanceAvailabilityPhonerr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse001-855-9VISIUMfalsefalsefalsexbrli:stringItemTypestringIf applicable, include a statement explaining that updated performance information is available and providing a Web site address and/or toll-free (or collect) telephone number where the updated information may be obtained.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph i false026false 4rr_PerformanceAvailabilityWebSiteAddressrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00www.visiummutualfunds.comfalsefalsefalsexbrli:stringItemTypestringIf applicable, include a statement explaining that updated performance information is available and providing a Website address and/or toll-free (or collect) telephone number where the updated information may be obtained.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph i false027false 4rr_PerformancePastDoesNotIndicateFuturerr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.falsefalsefalsexbrli:stringItemTypestringInclude the bar chart and table required by paragraphs (b)(2)(ii) and (iii) of this section. Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph i false028false 4rr_BarChartHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Predecessor Partnership Calendar Year Returns as of December 31falsefalsefalsexbrli:stringItemTypestringRisk/Return Bar Chart and Table.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 false029false 4rr_BarChartDoesNotReflectSalesLoadsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00If the annual returns set forth below did not reflect the performance fee for the years the Predecessor Partnership charged a performance fee, the returns shown would have been higher.falsefalsefalsexbrli:stringItemTypestringInclude the bar chart and table required by Item 4 (b)(2)(ii) and (iii) of this section. Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Provide annual total returns beginning with the earliest calendar year. Calculate annual returns using the Instructions to Item 8(a), except that the calculations should be based on calendar years. If a Fund's shares are sold subject to a sales load or account fees, state that sales loads or account fees are not reflected in the bar chart and that, if these amounts were reflected, returns would be less than those shown.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph i false030false 4rr_BarChartClosingTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">During the 10 year period shown in the bar chart, the best performance for a quarter was 13.48<font style="DISPLAY: inline; FONT-SIZE: 10pt">%</font> (for the quarter ended June 30, 2003).&#160;&#160;The worst performance was -17.39<font style="DISPLAY: inline; FONT-SIZE: 10pt">%</font> (for the quarter ended September 30, 2008).</font> </div>falsefalsefalsenonnum:textBlockItemTypenaIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false031false 4rr_BarChartReturnsForClassNotOfferedInProspectusrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00The Fund's performance for periods before the Conversion is that of the Predecessor Partnership and includes the expenses of the Predecessor Partnership.falsefalsefalsexbrli:stringItemTypestringWhen a Multiple Class Fund offering one or more Classes offers a new Class in a prospectus that does not offer the shares of any other Class, include the bar chart with annual total returns for any other existing Class for the first year that the Class is offered. Explain in a footnote that the returns are for a Class that is not offered in the prospectus that would have substantially similar annual returns because the shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that the Classes do not have the same expenses. Include return information for the other Class reflected in the bar chart in the performance table.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph instructions -Clause 3 -Exhibit b false032false 4rr_HighestQuarterlyReturnLabelrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00best performancefalsefalsefalsexbrli:stringItemTypestringIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false033false 4rr_BarChartHighestQuarterlyReturnDaterr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse002003-06-30falsefalsetruexbrli:dateItemTypedateIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false034false 4rr_BarChartHighestQuarterlyReturnrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse0.13480.1348falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false035false 4rr_LowestQuarterlyReturnLabelrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00worst performancefalsefalsefalsexbrli:stringItemTypestringIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false036false 4rr_BarChartLowestQuarterlyReturnDaterr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse002008-09-30falsefalsetruexbrli:dateItemTypedateIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false037false 4rr_BarChartLowestQuarterlyReturnrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse-0.1739-0.1739falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false038false 4rr_IndexNoDeductionForFeesExpensesTaxesrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00(reflects no deduction for fees, expenses or taxes)falsefalsefalsexbrli:stringItemTypestringThe Performance Table includes a parenthetical, indicating that the Index "(reflects no deduction for fees, expenses or taxes)". This tag is used when this is reflected in a footnote.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 5 false039false 4rr_PerformanceTableUsesHighestFederalRaterr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.falsefalsefalsexbrli:stringItemTypestringProvide a brief explanation that after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii false040false 4rr_PerformanceTableNotRelevantToTaxDeferredrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00Actual after-tax returns depend on your situation and may differ from those shown. Furthermore, the after-tax returns shown are not relevant to those who hold their shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts ("IRAs").falsefalsefalsexbrli:stringItemTypestringProvide a brief explanation that the actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iv -Clause B false041false 4rr_PerformanceTableClosingTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.&#160;&#160;Actual after-tax returns depend on your situation and may differ from those shown.&#160;&#160;Furthermore, the after-tax returns shown are not relevant to those who hold their shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;).&#160;&#160;Prior to July 31, 2013, the Fund was an unregistered partnership that did not qualify as a regulated investment company for federal income tax purposes and did not pay dividends and distributions.&#160;&#160;As a result of the different tax treatment, the Fund is unable to show after-tax returns for periods prior to July 31, 2013.</font> </div> falsefalsefalsenonnum:textBlockItemTypenaIf the Fund has annual returns for at least one calendar year, provide a table showing the Fund's (A) average annual total return; (B) average annual total return (after taxes on distributions); and (C) average annual total return (after taxes on distributions and redemption). A Money Market Fund should show only the returns described in clause (A) of the preceding sentence. All returns should be shown for 1-, 5-, and 10- calendar year periods ending on the date of the most recently completed calendar year (or for the life of the Fund, if shorter), but only for periods subsequent to the effective date of the Fund's registration statement. The table also should show the returns of an appropriate broad-based securities market index as defined in Instruction 5 to Item 22(b)(7) for the same periods. A Fund that has been in existence for more than 10 years also may include returns for the life of the Fund. A Money Market Fund may provide the Fund's 7-day yield ending on the date of the most recent calendar year or disclose a toll-free (or collect) telephone number that investors can use to obtain the Fund's current 7-day yield. For a Fund (other than a Money Market Fund or a Fund described in General Instruction C.3.(d)(iii)), provide the information in the following table with the specified captions AVERAGE ANNUAL TOTAL RETURNS (For the periods ended December 31, _____)Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii false042false 4rr_AverageAnnualReturnCaptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsetruefalse00 Average Annual Total Returns (Periods Ended December 31, 2012) falsefalsefalsexbrli:stringItemTypestringThis item represents Average Anuual Total Returns. If a Multiple Class Fund offers a Class in the prospectus that converts into another Class after a stated period, compute average annual total returns in the table by using the returns of the other Class for the period after conversion.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph instructions -Clause 5 false043false 0truefalsetruefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalse2false truefalseS000041128Member_index_SP_500_IndexMemberhttp://www.sec.gov/CIK0001141819duration2013-06-28T00:00:002013-06-28T00:00:00falsefalseVisium Event Driven Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldick0001141819_S000041128Memberdei_LegalEntityAxisexplicitMemberfalsefalseS&P 500® Indexrr_PerformanceMeasureAxisxbrldihttp://xbrl.org/2006/xbrldick0001141819_index_SP_500_IndexMemberrr_PerformanceMeasureAxisexplicitMemberpureStandardhttp://www.xbrl.org/2003/instancepurexbrli0nanafalse044true 3rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse045false 4rr_AverageAnnualReturnLabelrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsetruefalse00S&P 500&#174; Indexfalsefalsefalsexbrli:stringItemTypestringThis item represents Average Anuual Total Returns. If a Multiple Class Fund offers a Class in the prospectus that converts into another Class after a stated period, compute average annual total returns in the table by using the returns of the other Class for the period after conversion.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false046false 4rr_AverageAnnualReturnYear01rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truetruetrue0.16000.1600falsefalsefalsexbrli:pureItemTypepureReturn Before Taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false047false 4rr_AverageAnnualReturnYear05rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truetruetrue0.01660.0166falsefalsefalsexbrli:pureItemTypepureReturn Before Taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false048false 4rr_AverageAnnualReturnYear10rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truetruetrue0.07100.0710falsefalsefalsexbrli:pureItemTypepureReturn Before Taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false049false 4rr_AverageAnnualReturnSinceInceptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truetruetrue0.02610.0261falsefalsefalsexbrli:pureItemTypepureReturn Before Taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false050false 4rr_AverageAnnualReturnInceptionDaterr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsetruefalse002001-01-01falsefalsetruexbrli:dateItemTypedateReturn Before Taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph instructions -Clause 4 false051false 0truefalsetruefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalse3false USDtruefalse$S000041128Member_C000127685Memberhttp://www.sec.gov/CIK0001141819duration2013-06-28T00:00:002013-06-28T00:00:00falsefalseVisium Event Driven Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldick0001141819_S000041128Memberdei_LegalEntityAxisexplicitMemberfalsefalseVisium Event Driven Fund - Institutional Classrr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldick0001141819_C000127685Memberrr_ProspectusShareClassAxisexplicitMemberpureStandardhttp://www.xbrl.org/2003/instancepurexbrli0usdStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$nanafalse052true 3rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse053false 4rr_RedemptionFeeOverRedemptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue-0.0200-0.0200falsefalsefalserr:NonPositivePure4Typepure"Redemption Fee" (as a percentage of amount redeemed, if applicable) If the Fund is an Exchange-Traded Fund and issues or redeems shares in creation units of not less than 25,000 shares each, exclude any fees charged for the purchase and redemption of the Fund's creation units. "Redemption Fee" includes a fee charged for any redemption of the Fund's shares, but does not include a deferred sales charge (load) imposed upon redemption.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 2 -Subparagraph b false054false 4rr_ManagementFeesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.01250.0125falsefalsefalserr:NonNegativePure4TypepureManagement Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 3 -Subparagraph a false055false 4rr_DistributionAndService12b1FeesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.00000.0000falsefalsefalserr:NonNegativePure4TypepureDistribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection table -Paragraph 1 -Subparagraph 9 false056false 4rr_Component1OtherExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.00100.0010falsefalsefalserr:NonNegativePure4TypepureThe Fund may subdivide this caption into no more than three subcaptions that identify the largest expense or expenses comprising "Other Expenses," but must include a total of all "Other Expenses." Alternatively, the Fund may include the components of "Other Expenses" in a parenthetical to the caption.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 3 -Subparagraph c -Clause iii false057false 4rr_OtherExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.00820.0082[1]falsefalsefalserr:NonNegativePure4Typepure"Other Expenses" include all expenses not otherwise disclosed in the table that are deducted from the Fund's assets or charged to all shareholder accounts. The amount of expenses deducted from the Fund's assets are the amounts shown as expenses in the Fund's statement of operations (including increases resulting from complying with paragraph 2(g) of rule 6-07 of Regulation S-X [17 CFR 210.6-07]). "Other Expenses" do not include extraordinary expenses as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). If extraordinary expenses were incurred that materially affected the Fund's "Other Expenses," disclose in a footnote to the table what "Other Expenses" would have been had the extraordinary expenses been included.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 3 -Subparagraph c -Clause i false058false 4rr_AcquiredFundFeesAndExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.00040.0004falsefalsefalserr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection table -Paragraph 1 -Subparagraph 11 false059false 4rr_ExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.02210.0221falsefalsefalserr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 3 -Subparagraph d false060false 4rr_FeeWaiverOrReimbursementOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue-0.0042-0.0042falsefalsefalserr:NonPositivePure4TypepureTotal Annual Fund Operating Expenses. If there were expense reimbursement or fee waiver arrangements that reduced any Fund operating expenses and will continue to reduce them for no less than one year from the effective date of the Fund's registration statement, a Fund may add two captions to the table one caption showing the amount of the expense reimbursement or fee waiver, and a second caption showing the Fund's net expenses after subtracting the fee reimbursement or expense waiver from the total fund operating expenses. The Fund should place these additional captions directly below the "Total Annual Fund Operating Expenses" caption of the table and should use appropriate descriptive captions, such as "Fee Waiver [and/or Expense Reimbursement]" and "Total Annual Fund Operating Expenses After Fee Waiver [and/or Expense Reimbursement]," respectively. If the Fund provides this disclosure, also disclose the period for which the expense reimbursement or fee waiver arrangement is expected to continue, and briefly describe who can terminate the arrangement and under what circumstances.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection table -Paragraph 1 -Subparagraph 11 false061false 4rr_NetExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.01790.0179[2]falsefalsefalserr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection table -Paragraph 1 -Subparagraph 11 false062false 4rr_ExpenseExampleYear01rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truefalsetrue182182USD$falsetruefalserr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 4 false263false 4rr_ExpenseExampleYear03rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truefalsetrue563563USD$falsefalsefalserr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection example -Paragraph 1 -Subparagraph 2 false264false 4rr_AnnualReturn2003rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse0.28220.2822falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph instructions -Clause 3 -Exhibit a false065false 4rr_AnnualReturn2004rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse0.16150.1615falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph instructions -Clause 3 -Exhibit a false066false 4rr_AnnualReturn2005rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse0.07700.0770falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false067false 4rr_AnnualReturn2006rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse0.03960.0396falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false068false 4rr_AnnualReturn2007rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse0.05610.0561falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph instructions -Clause 3 -Exhibit a false069false 4rr_AnnualReturn2008rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse-0.2638-0.2638falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false070false 4rr_AnnualReturn2009rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse0.26590.2659falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph instructions -Clause 3 -Exhibit a false071false 4rr_AnnualReturn2010rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse0.05610.0561falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false072false 4rr_AnnualReturn2011rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse-0.0508-0.0508falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph instructions -Clause 3 -Exhibit a false073false 4rr_AnnualReturn2012rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruefalse0.02150.0215falsefalsefalsexbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph ii false074false 4rr_AverageAnnualReturnLabelrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsetruefalse00Return Before Taxesfalsefalsefalsexbrli:stringItemTypestringThis item represents Average Anuual Total Returns. If a Multiple Class Fund offers a Class in the prospectus that converts into another Class after a stated period, compute average annual total returns in the table by using the returns of the other Class for the period after conversion.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false075false 4rr_AverageAnnualReturnYear01rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truetruetrue0.02150.0215falsefalsefalsexbrli:pureItemTypepureReturn Before Taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false076false 4rr_AverageAnnualReturnYear05rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truetruetrue-0.0093-0.0093falsefalsefalsexbrli:pureItemTypepureReturn Before Taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false077false 4rr_AverageAnnualReturnYear10rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truetruetrue0.05330.0533falsefalsefalsexbrli:pureItemTypepureReturn Before Taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false078false 4rr_AverageAnnualReturnSinceInceptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truetruetrue0.03470.0347falsefalsefalsexbrli:pureItemTypepureReturn Before Taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false079false 4rr_AverageAnnualReturnInceptionDaterr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsetruefalse002001-01-01falsefalsetruexbrli:dateItemTypedateReturn Before Taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph instructions -Clause 4 false080false 0truefalsetruefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalse4false truefalseS000041128Member_AfterTaxesOnDistributionsMember_C000127685Memberhttp://www.sec.gov/CIK0001141819duration2013-06-28T00:00:002013-06-28T00:00:00falsefalseVisium Event Driven Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldick0001141819_S000041128Memberdei_LegalEntityAxisexplicitMemberfalsefalseVisium Event Driven Fund - Institutional Classrr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldick0001141819_C000127685Memberrr_ProspectusShareClassAxisexplicitMemberfalsefalseAfter Taxes on Distributionsrr_PerformanceMeasureAxisxbrldihttp://xbrl.org/2006/xbrldirr_AfterTaxesOnDistributionsMemberrr_PerformanceMeasureAxisexplicitMembernanafalse081true 3rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse082false 4rr_AverageAnnualReturnLabelrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsetruefalse00Return After Taxes on Distributionsfalsefalsefalsexbrli:stringItemTypestringThis item represents Average Anuual Total Returns. If a Multiple Class Fund offers a Class in the prospectus that converts into another Class after a stated period, compute average annual total returns in the table by using the returns of the other Class for the period after conversion.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false083false 0truefalsetruefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalse5false truefalseS000041128Member_AfterTaxesOnDistributionsAndSalesMember_C000127685Memberhttp://www.sec.gov/CIK0001141819duration2013-06-28T00:00:002013-06-28T00:00:00falsefalseVisium Event Driven Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldick0001141819_S000041128Memberdei_LegalEntityAxisexplicitMemberfalsefalseVisium Event Driven Fund - Institutional Classrr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldick0001141819_C000127685Memberrr_ProspectusShareClassAxisexplicitMemberfalsefalseAfter Taxes on Distributions and Sale of Fund Sharesrr_PerformanceMeasureAxisxbrldihttp://xbrl.org/2006/xbrldirr_AfterTaxesOnDistributionsAndSalesMemberrr_PerformanceMeasureAxisexplicitMembernanafalse084true 3rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse085false 4rr_AverageAnnualReturnLabelrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsetruefalse00Return After Taxes on Distributions and Sale of Fund Sharesfalsefalsefalsexbrli:stringItemTypestringThis item represents Average Anuual Total Returns. If a Multiple Class Fund offers a Class in the prospectus that converts into another Class after a stated period, compute average annual total returns in the table by using the returns of the other Class for the period after conversion.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 false086false 0truefalsetruefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalse6false USDtruefalse$S000041128Member_C000127686Memberhttp://www.sec.gov/CIK0001141819duration2013-06-28T00:00:002013-06-28T00:00:00falsefalseVisium Event Driven Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldick0001141819_S000041128Memberdei_LegalEntityAxisexplicitMemberfalsefalseVisium Event Driven Fund - Investor Classrr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldick0001141819_C000127686Memberrr_ProspectusShareClassAxisexplicitMemberpureStandardhttp://www.xbrl.org/2003/instancepurexbrli0usdStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$nanafalse087true 3rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse088false 4rr_RedemptionFeeOverRedemptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue-0.0200-0.0200falsefalsefalserr:NonPositivePure4Typepure"Redemption Fee" (as a percentage of amount redeemed, if applicable) If the Fund is an Exchange-Traded Fund and issues or redeems shares in creation units of not less than 25,000 shares each, exclude any fees charged for the purchase and redemption of the Fund's creation units. "Redemption Fee" includes a fee charged for any redemption of the Fund's shares, but does not include a deferred sales charge (load) imposed upon redemption.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 2 -Subparagraph b false089false 4rr_ManagementFeesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.01250.0125falsefalsefalserr:NonNegativePure4TypepureManagement Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 3 -Subparagraph a false090false 4rr_DistributionAndService12b1FeesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.00250.0025falsefalsefalserr:NonNegativePure4TypepureDistribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection table -Paragraph 1 -Subparagraph 9 false091false 4rr_Component1OtherExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.00100.0010falsefalsefalserr:NonNegativePure4TypepureThe Fund may subdivide this caption into no more than three subcaptions that identify the largest expense or expenses comprising "Other Expenses," but must include a total of all "Other Expenses." Alternatively, the Fund may include the components of "Other Expenses" in a parenthetical to the caption.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 3 -Subparagraph c -Clause iii false092false 4rr_OtherExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.00820.0082[1]falsefalsefalserr:NonNegativePure4Typepure"Other Expenses" include all expenses not otherwise disclosed in the table that are deducted from the Fund's assets or charged to all shareholder accounts. The amount of expenses deducted from the Fund's assets are the amounts shown as expenses in the Fund's statement of operations (including increases resulting from complying with paragraph 2(g) of rule 6-07 of Regulation S-X [17 CFR 210.6-07]). "Other Expenses" do not include extraordinary expenses as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). If extraordinary expenses were incurred that materially affected the Fund's "Other Expenses," disclose in a footnote to the table what "Other Expenses" would have been had the extraordinary expenses been included.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 3 -Subparagraph c -Clause i false093false 4rr_AcquiredFundFeesAndExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.00040.0004falsefalsefalserr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection table -Paragraph 1 -Subparagraph 11 false094false 4rr_ExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.02460.0246falsefalsefalserr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 3 -Subparagraph d false095false 4rr_FeeWaiverOrReimbursementOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue-0.0042-0.0042falsefalsefalserr:NonPositivePure4TypepureTotal Annual Fund Operating Expenses. If there were expense reimbursement or fee waiver arrangements that reduced any Fund operating expenses and will continue to reduce them for no less than one year from the effective date of the Fund's registration statement, a Fund may add two captions to the table one caption showing the amount of the expense reimbursement or fee waiver, and a second caption showing the Fund's net expenses after subtracting the fee reimbursement or expense waiver from the total fund operating expenses. The Fund should place these additional captions directly below the "Total Annual Fund Operating Expenses" caption of the table and should use appropriate descriptive captions, such as "Fee Waiver [and/or Expense Reimbursement]" and "Total Annual Fund Operating Expenses After Fee Waiver [and/or Expense Reimbursement]," respectively. If the Fund provides this disclosure, also disclose the period for which the expense reimbursement or fee waiver arrangement is expected to continue, and briefly describe who can terminate the arrangement and under what circumstances.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection table -Paragraph 1 -Subparagraph 11 false096false 4rr_NetExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truetruetrue0.02040.0204[2]falsefalsefalserr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection table -Paragraph 1 -Subparagraph 11 false097false 4rr_ExpenseExampleYear01rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truefalsetrue207207USD$falsefalsefalserr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection instructions -Paragraph 4 false298false 4rr_ExpenseExampleYear03rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1truefalsetrue640640USD$falsetruefalserr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Subsection example -Paragraph 1 -Subparagraph 2 false299false 4rr_AverageAnnualReturnInceptionDaterr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsetruefalse002001-01-01falsefalsetruexbrli:dateItemTypedateReturn Before Taxes.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection b -Paragraph 2 -Subparagraph instructions -Clause 4 false01Other expenses are based on estimated amounts for the Fund's current fiscal year.2Pursuant to an operating expense limitation agreement between Visium Asset Management, LP, the Fund's investment adviser, (the "Adviser"), and the Fund, the Adviser has agreed to waive its management fees and/or reimburse Fund expenses to ensure that Total Annual Fund Operating Expenses (exclusive of interest, acquired fund fees and expenses, leverage and tax expenses, dividends and interest expenses on short positions, brokerage commissions, and extraordinary expenses) do not exceed 1.75% and 2.00% of the Fund's average daily net assets for Institutional Class shares and Investor Class shares, respectively, through at least July 1, 2016. The operating expense limitation agreement can be terminated only by, or with the consent of, the Trust's Board of Trustees (the "Board of Trustees"). The Adviser is permitted to be reimbursed for management fee reductions and/or expense payments made in the prior three fiscal years, subject to the limitations on Fund expenses described herein.falseRisk/Return Detail Data - Visium Event Driven Fund (Visium Event Driven Fund, USD $)NoRoundingUnKnownUnKnownUnKnowntruefalsefalseSheethttp://usbank.com/20130628/role/DisclosureRiskReturnDetailDataElementsVisiumEventDrivenFund199 XML 9 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 10 R9.xml IDEA: Risk/Return Detail Data 2.4.0.8040000 - Disclosure - Risk/Return Detail Data {Elements}truetruefalse1false falsefalsedefaulthttp://www.sec.gov/CIK0001141819duration2013-06-28T00:00:002013-06-28T00:00:001true 1rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false 2rr_ProspectusDaterr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002013-07-01falsefalsetruexbrli:dateItemTypedateThe date of the prospectus.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 1 -Subsection a -Paragraph 3 false0falseRisk/Return Detail DataUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://xbrl.sec.gov/rr/role/RiskReturnDetailData12 ZIP 11 0000894189-13-003756-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000894189-13-003756-xbrl.zip M4$L#!!0````(``Y1ZT+"$H'BB2T``/(2`0`9`!P`8VLP,#`Q,30Q.#$Y+3(P M,3,P-C(X+GAM;%54"0`#7+S>45R\WE%U>`L``00E#@``!#D!``#L7>ES&[>2 M_[Y5^S]@]3:I9$.*I&[+MJID'0YM2=83*1]Y]?8_S29[*4*A>")<-I@R>?!3$OS,FNP@ M"N*>(UDW3."MD\BQ@&?A6"CX#>]'21+OMEJ3R635@:+:D4KH*%6.T/B`-9M[ M#/_[[_]ZAHT<*(%-[++3*&2O4I^U.ZRSM;L&_V^RR_X!6VMWUDTEJ'$]4#Z[ M#OQ0/U\I-82/5R,U;*VUV^LM&>J$AXY8,25W\:V\1WE7%*6II!;.ZC`:M^`% MU.BL-=N=YGJG3-Z=J6%I;[7,RZRH<]5NMSN=C(=4#'EZA;)#X>GMK M;2JW=E=9>3M.)8,U<)TRZSU=YA1YKMK>;: MSK-6\;3$,?'LSI7-GN7M%JT82;2L*+)V*Z+I04?:&YW.VLZI"`9"K93Y_> M%+NSO7K6JB6Z5^*DE;/R;0_@QP.4P]KVULYF/J+?WW#>I5VE=L]5I&/A)*GN MC;@2!S[7NJ;]69$N;I\]ZAFUM9Q17WI&;7V7,VK?`_NUSZ^%?A,>2ITH.4@3 M$*%>C&'?HU*ZZYP3RHM4@%;5J>`Z5<*T#J]N$?0-TVZ)I'_EO-\/W1[WQ0WS M?SG[O^#LKXI[(2O+-?`5UH`,77']L7?^<;/=_MC%']^WY_$GIWFE]46RO76& M?U/3*PVEF5LIN/PERR`P]E;VJ"-,V)XP`&N& ML3V712$3.I$!16)Y$*5AHAFL.P85V'$:NC_R.-)/-7-2I6"!,$]JA_ML*KA: M?=:J]*H\DRHO]E5U[+AR,L;ASUOZ:TNT/.XDS=E^>RH*OMBH)U$AP4BY0CU? MZ90B;%]])FY]T9FX=:>9^`"'IDX,7W9HSD3RQ2#B3]&:[\%?@A"=&H0X3Y5. M.2SP)&(\9%&,NS,R'&:@P7P9R(2C-Z.I1:JP7["0C]^2J/DZ;YY9G[\W`!NW)R$(69+ ML!'7AA<7N9YPW"V2@%]!S@#S!,)=Z+8`TI20P0"Z:4@5:`AUX0\8#R#.$]:/ M$@"X_3!,X1\J^2871C;4["=Q[?BIQA8C#WH$=C?T"9AU/J52`4,>5LQ:S]MJ M,%_`+`'N3+?X=>F5*\=HO+FF2D:SX!,DKT>12AB(49)9WV`#%5T9>DX4!%)K M\]BTF2@.BT6&7$US*C\S-V(P,>"!@X+KK&YO_D#EUU;;[1^P-[/CQ2W'+I?^ ME(4PPIQF.>F);@CJ(R$O`\1%+@!P"0K&]*)+8PWERF\:,!3D.(#X_"F.J8K2 MX8B!\'VP-A+-\=&#J#F`X@B6)N?<2SM-#9?9Q)2:Q&-)NL63=C/L52.*E=F-TA\1N#P8@J&KI=5L@@6)T. M?@?!8J-8L!`239_JO'>%=L!#!(X`HH4,Y_7YWZ(QO@0ZY_JB,Z,O[,;PO]Z= MOMWX][_>.W%Z_2'VQ\[GMOTI^ MN3A]=]S:"2:OA^]#]]6K3N_5=!P,7X^OTQ/OY?64KV_(_O%VVDEW3GMK03), M>QM>]RR,#_SV[U&[_7KS].VF-SQ^D8Z\7_J?CMT7R?#PC=^];B7.QN?+;2=\ M\G;]W64P]0[./K]MOQJ?Q='DMW77[;Z_>.5^N.B,HO/WR;KW:7MM M2[X]Z1R$O*VZ+SZM_](?7']ZO]$]V-IW1JHE7U[T7ERF//KG6>*\2H[>\,F9 MY__ZF]?2USNC9/_SZU^V!YOK^B0Z_Q3X[KO+R?-_LX/>A=T__PMTZDW&SI^B MM5BG/KB9>Z.E,S]ST?>:<[9R)Q%==>.E7X@AQGY`F9_Q@,`.O;XJ-?KOCG;/V&G^V?[+X\N>L]:B\A5VCN,G!31J0_RK&]G M8V?SQ?D;2Z]/C!M?3[WL[R^L6D^=<9G7L;Z>UF MNU,E7:E:\%V)`=Z-ZER5O1*Q"ZFO+D22JO!7P5W4]F5Z\UOWUNP\&J,>/53` MG]%QU,P]:;!(/)O;*4F-OVV>]A];P14H5,=T#_2Q%:IB;-D]:YX<'6"OTDA.4H8`I>(I0.!9OWF\ M?]H]@8=]&8!=="8F["(""\V^[75_.]IEG0KU_@AL/"L7-/?06L(^'' M;!JE:)+'G-P*7!@:C#CR%=`BQH&RQAP992735"=SQ2(*WP1I@BX)>A9Z]4=H M^ND_.EOMI\5?:()F/(&UG6)GR*5!9@Q!]K^==@/&J=)X%N])H/O,1".Q1ZYT M3%C(.&`A6JE@9\-P^L@A$%6YJ9\0`1"!<2`BG1.ZG5-?1W/LJK*72'X>`S=% MT7)F@CLC,G@M:[9UX[-@$SMKG6VPY.>(D:>$LP4&E'S!A M\>^:!3(__Q>OE0_`7;O#,%1*BP,CM_>$&;#/'1F`=)ZOM%?V.CMK-2R99O9N M8F+]"S*QN;6^B(GU&YGX8Y+8JF5BK;W]5TJBGHFMC?:])?$.UO@%+*$@1BW= MYP/_SDCZ'[8XG]/$>S#;T$U]46T2=$>HP:T5+ABQ(``G\M,@A*[(CS/;.@:L MP',L[Z]\G.6$J6B"WF>`(86LQO^Q_]3(XJ;>+EXW+Z8HPP-.E6X1RKX/0(-Q M`\(+X`31T>!LP*?H=(_D$($3X,V/)AAFRH/>``#:@F1L0RE$Q52?1*GO`H%= M5M.Q"HNSULO=E/"YDJ$C8V`7Z^C<7,E5<)GD'U:[7TFY+E;G7U_MOA"@JT2] M#J41Q`@9CIT#:LE+?9^L?RW!CS+C&TW"LF891K"@30S(;'Z0^D(UB+10=T^D M[V-#H-=]PU\7_1@0?V9Q9;8+<]R#0N^ZA_U?H>F=.8.Z%E=*=6\#`E?JV.?38B9BB::6GT764WK@\4#Z M4,HX/0VF8?9X3POB=IKLK#^MFSJWS(16XI9$<7/7*I#Y34!D+7%3NO_A!(K+ M!+AS2@K`-%A0,$=S?';*U95(2$75KM"*F'&YPK1+174'H62-6UI5>R+9D/3-W^Z M>H])TDI4Z6\$CZ^)*FM+5%FBRN-#%6R%=+7!DXK?7:_^P7"R^WFA"1`H0H:* MOT^F%1NB6P*F$FVLR3!!%Q]J"K#]HD`ZN-[96-+ZQ$GQ<-?^^G+MWW?MWSS# M=66IWS"_O[>E?]N,^9)+OT@(N8Y8C*3C0P=&G#S,FB)% M+Q\NAFXL,71I/ST^^ZFRR7DW&ZI;PA@9FGAM*+-=EC(TX?Z(@X%/M*8([\:1 M/Q8NP0]45'&$"Y\".IAEI92!-HIRY=0,%:AEBB&J8?R94V93#FP#RE6+?4'I M62J+U9:>A3!I-<`B'T.K"`J8ST5<`[0I.90A6719`:$2&*\];C>PD, M'RYX;2[!:PE>CQ"\/J4RF=;`%M[X$F!B:Q(Y5^9@@DZU(^)$TL*/LHB-*6'C M.'D`*A)L#'N;<.L(86BZB!+5.&9-D M*4K,Y]2I4)HY@$##^O#]N1*>4)CY6^E*)1NSBI99NF\6_ MJ;4F#2^-PA"-N4HD1LD)9:V!B!YQ,L(>H/5(53+2E!,JW(>+@5M+#%PZP8_. M";;76!&L]8K`]-T=8@M9N>N'=EE!TL:ZI\:$L[9.GN?"*(-&B6&*#ITGKX7; M1)\V*"H^-6@BP8667M98?@@!K3^-`"8:50?4IM//\^&!C5:?_-,U$&6-1.R( M+T$_N!7W'#'+;*2CT3IML%'DNXC!\+ZF/11E'MO/]^\!&Z7+.)Z*MHP2L8I9 M"-K!E;1Y,$C1.*4-YH6%K;;"K0S+4&T7#_"`P:<4.HCG&W((GJ%U2R\L7H^E MF&`65NZ7!\AAIDM".O'BBD%2)H)=(1NZ6LPI*=N'B__;2_Q?VL"/SP8^E8Z* M&JP78&0.K;=3`)XT8`<\IKJ?#?X=Y%[ZW51#MYP048(`P,G`M*CS%@/3HE-M ML8@+(.)8UQ\L2+P[465F-4*ZP9%R>Z!-AL*D81(JP1L``:E'`%@%V8%P>*K% M_?FQVS\E,YI:X0.5QA1?$)0:Y1A`QG01)S.=;;C`,-BX@;N'BX,[2QQJ=W+J4,XLI#;D-'N`YTPB`!LQ+YPI,*GB$\QIK MB$32];(`%[XO"#%TZHS0SLH0A&*F(2:F@_G(-5K`M+\21F-*R#1()E1.+UI@ M#N[[&G"/L*@)8%?BF*($8(:;-5>E?J/" M!5%M,#I>*\F*=$$A4`:\/:!02L3+]L6RN-YT'0N?UC_$'A`%8-!R`/(^'G44?< M3:GEX'A!Y9GPI_&RR1VEH_C5<&@1HZ3H!>X2!?S*'$@"",O/P`/#14IP^9*$ M11G$B@YGT0FC12VBS#*_?*W]%).%&OGOSE-&%T<`!PWRH`F,IQ(D@[(=1'A; M0Q$SD$@N,?$/%T?D7B(KB2NF)O,K#2+/PZQJ=.B+I`;,&AB"DM`9Q-,PP_0R MHUZ:&$R$8ZFBT%RY`6++=O:1@C7SJW3]2&LSEYTD',R)`/%J8K/1!.@46\Y`3CFMI MU]"X`SC9Y.Q)KX>DV3KMI6I;JK;'I]I^!:AL?D"H9(NTW$^OTO"*O0`4_?F. M3D#_'OK*(CT&2\V')H0?32I'9A3>J3*CJ;*C-_;029Y:GCD'V>ZB:P_FF-`( M:"9[W!WTA&_BV?9Y*1-]:K;M2OZ%4<1Y%GR<@E/CE#8AR^%PH6I%TD/&9C1O M$43.CC_AQB3X!*EO/)D)6]&-(QUZQ@)BZ4MG$8,MSRM(Q2]-A8\Z[$C%I_FCDE M`-E"^5-*/PD66)=B;WRTBOA,6]Z\FE[9IDJ]\F3(0X<2DO%J(.R:*ZXIQX-R M>Q,*7CW=B_JOZC.\5( M\]UVP/)OQ/-O^,A4N8`"?9K4\&Q1?7.C#M6_/C!%2ZC^XE#])BYRUXX-VMYQ MOZ]7N%VOC.M MH_J`(>(;/F?TMT'$W1,NOQ>(^"M34$_RL-2=SV!7SR0B+-@-ZBP$[]`M,8@/ M%<<(OWJI4K-!\&!7\#=\V&:Y@K_+%9SO]UY@K.%NJ_BR,.YGCSC3VC61#3>E M95W=Y[.!Z@>\A+_ALR++)?Q=+N$#DPGQ%=;N(%(*C[_JS+R6YA8VC\OL]KD8 MPP/\K)='`)9'P![?TN_138CT(<9[6.#EO5@\FC6S&Y%GO^C(=^UE MB\4)6/NE$!-['V4:.("&;]RS-X'_PIU.K=X&7S,7D.1;QGGZ>[:!D*4#FFM>,=109+!P MK2.\N\F&(BN&4`8XE6-/EZN]U7(R?+&O74[LS[:MQ;5Y:E)H&P`]VD!$'/E` MTN$X(R.S:XM?3\IRYN%?-_L*%V<^&E6T>XKW+"64=L@=:,1\%,.<$TG`S-P6NZ M\-M9C>)L!(C9MT*V)\OPZUMYC^CK8_0]/=S;%K[7U"GFEDJ:#BB1`?>S.TCS MU./LFVL+L]+R0)G]T`)T0F3K)[]M`F5$<]+<6..8?3E:`C:9RA48PM?Y%=)< M9Y^1L-/?%6/APY1P"U$_8"6Y/+:QS+1ZA)MM!YGVH/U[FQ&5/SS(M^/I&,?M M>O*@T$MS:555_60.2)AKCJN>P*1R+6HTR2[&67@5L\F/K\6SEYGR1:`2)7WA M1CZ>&\![(,KWZ=`Q!$J^G^'>W'TPJ\5L,"E#/ M$WBO5XF'Q=^562S!#(;-J6($7+P7-LN2\.B:^S$'@#:)N^A"@7JO/\-!GVCD M>&59`R$9&,^OK^!%TX,I7=-!JK$R`D/,[@JS5"]4WW2"(P45;8XR8(86C?6( MFP0+Z!*F=^$G6N7_M_>DO6TC6?X588`9.`/)$65+MK=W#;B=9->-=.R-/=W8 M3P$MEFQN4Z26I&QG/\QOGWI'763QD".ETVD##70LDE6O7E6]^Z"^&UDEEX=$ M#"O*0P![H#:8"O$*LGUS6FNEL3%$#&2PL."2(275G^@9B5:7^O!ZU`,%N<^` MA%$J>_\OZMH@&[948HL_?>E>1%`IR1PY*'X!C!AQB'HDHL9DN-QAY@F('FVE M-=$5K=#US7+8R4OVR`N'_0XYK"$B.DT<55*FY2/HBB>B32J*_ZHX&7Y#A!() M5"WXUJL[OKUY!W^7JD8F=!\S<7&ZP9A.Y8!L0:F;`-L.F>$R46F8SV40DBO( M&=V?:NW,;/C0$J=)7+1>)="^C5E2I2-V(^]4U%>*#\B/4@#"X@RY6"2HD2E2 M75AO5R();58$CV`DJ)G4/#NU8$8AWZVT*PT2ADMPMG M\]%<:%E$C<(D1I,#A&*G30:&ZJGY$,8)DIX%55*.B"1'JH*G;4^T"N*WI`HZ M+-#A+9B0@LP+="Z$:%C1.JP&8%WUE5FPOZ7J_+$4R%786,5X*]$NF9A2^!"= M]AM4QX\UH&6(L,"Z'?V'2A-\LT3_#YR;\D+T7XA^6W;WX$J2A$66Q-G@9IVG MV/IO@\`TA_+S)5?I(I+68JF-4HV+CA15Q%Z2=.J-N`2]H+,O\AF-M=+0NJ/N MP77$2O19+EYAMV%7F*9"4AS3;O*_C61JE[E74FJ/BO34SKC!P+3.04U8HIL\ M;%^`&W2/HKDPY?2LC'B*T9?7BX@R-YBTJYD.B7^I/'#3SQ)]^B,HQ*^=*E1\ MA.("#$^0^(O`(0:-8OWP^C-1+:"**E2M`&"'[?")3%19+FDU-*?E\@"HCTB= M)\(:XORC?'N0A(]-BDBL#%-6"Q;EGL%/XY"S_E7&`^TQM:&%8K,C>(UV]\LY MD^X.Z^T_;7>*?9\5XF?L3-K>('9+K4:_3J=0O7R].KOG[B7FL$J<]&N\:UD5 M]):SZKQ&E-O`6V1;KQO[D97M[/6 MM;O?B7HGV`+Q5EF`+/G8[AY=.UC\^TM[9_M@2=I+DGH_YBP_O_G(Z&N^/)V/J--\RZ>D.09MM#333!0[N#+QV!DIGL5V4 M2;""R13!:IH0MG)78#6A:V.P;'GH+(VN1?X0ST4PN0UVC+TQ;VI?`$Z_%LPM MJ!TS:I\!,S@7I%"1EL$ER-N*BN\2P0$AN'-FF^3L",PVG#X'S";@XN@__O*I MX>&H$XN?:$E;WXCC"8D$C>O:T;)F7[ZLMHWKO:RSN12=`^<'4381).^CWXW*!D7\_O1;1.1&66"<`O!T_6RU2"'G]Z+^["Y&U:2@7Y["GF4.)Y.9C_ M!F\&A\%Q:GB%A2^=H2, MEAD!,9/=(J;W>D\'&Y'%-V$I+A;UK)+T5K$J MOB)QIP%6!]V.3/1!/`*(/X(Q_S)]6Y1R8TNNIM6\.!S"V"'`^JQC?@2/$;'A MW&WM_;=PE170^`N#"LO!(B[F$DVPY/VZQ-8`G26^5:YBO[T96%\-T'BUA\85 M[)2FZX)A<&05S0,?`;"PK.&B)N&?^QG0KG1!=\LX>ZW[C-.<[HBNIJP>OAC2 M7`LM7C_)](HUQ&J7=H/[0::LH.`=HG[U'.^%19I&$1ETK2_"U2K/X(:6T,6D M5/%>;'S%/**&LLSU^`V[\_2M2,`(;+6>1K)*_4[E38@XB3U,NEN4TGY'4LJ;XLY>2"+84[ZJH$0.`O!Z%(S MBSTZ`!J1AY_BV3A\*^-X-A>'$+GDXO#EDEF7K(D9M%XUOE"^=%X[4?69I\Q? M#=%R5/I!MGO!]+CQBM]@:YBAT^25NL7@198'ZTX1[85Q9?ZGS@K:N/E!';$J MPIU+*LAY'N1=(8R4NAJTW@%"/:4(]VNO]7VCG@,O\,UR-S1SF M323(6S0/)0ZJYXUQ][5"OU9I]C*C#&>(-K'JM*O4)2DBI+_)38SL4N\J<+5/ M,7?4QHKUK<18N2XI&G498KX:Z0N^C'PG#T"O:D"U2"0;7,\%B#U9`3(/W!SY MQ#I(F-/EM&%2.88J<%=U)56'F'AC3OF675P`@DTKY0I-P>(01ZKT.K4K)H>I MO3R*G)TG\O^$*GE71A`$-AP(3-/$.O$BI*@F3#VS%DZAPV:([_6N]&NY+0]H;8`A)4"/U#F'P&&0Y"DB,(\UM\ MQECED/;+;5A%*?JF&WF,ZHJ<0^DG-35#'H1'*)"ILO>-[K,$P0XBGH%^<^Y_ M1(&-/90:?8I-2@ZFU.CR!&"=EO="-S!/A!VS79G#.\5_98_R83[$0"X:5+$0 MK##D5!2J3T%%?G76L"E]P2M-,Q2FH?&:$)P95-MA4(A0!V2JE@OTOBP5;B-1 MHKE*Z'X_?`0:D::/R-.*\Y>L;&DW$IY/0#Y8Y-3"W;0Q6U@AC95F97:L8%.< M)EY]:-L)(U'0*5*3D.QEJ%5T!:@T6SML$XP.S%5QN3UM,;5X7IRS:337#E-[ MZ[NUPSR#\:]"29=J8<*&$8.J*(58XN@JQ>UV_=G.;K-.W)[++C&,&`,J'6D5 MRY;PIOC%WS,5U]H66DRTIM0E2NK1SO7*WR9<5G#*'J)!I;;D@KIUX761+V'( M5SC'3/FF.USXXJQ1MU:!VAPTKN9555:4H,[)BRH;7JA[M\!HU%IR)?7ZI=1% ME>EO%5YHRW_INL3-5\6]4C^&^;G$6'F61E=F='0G]+S0YBN/RK.'.*+FSE@UR23C.KFS1L2T8Z,E5RON ML\=*S:K.M"LRVXLP'Y79B%PI&`KYV,#J'BA]@>^!K4B0YR(8#J8X1##&89D: M8=W`GT+Y4?X9WIF0UQ&K%)%@1&HDIA+M@ M=#R=CDY^N;B^^,?/^X,;+Z;#P@%[L,>=7P$I&/=/=.<5P`8$)Q7`[,,\AIH: M:>44V+M"QF\>6MNY4.?[7A6"_M?M8KD4$=1_@T[`%>%S"2F72ZLC16W3F*XS M7P5V$%ORI1PI@RIM((C]M)83'.!Q#@Y(L>`@]_.P!'6AK$>[#P?OK[#\&]N` MH&>%9);%?;QBFWU50B5[\F*-K=GC8IZC]`P7"<4_;3%"+L4+520!V1^8D5'O MA'2+!3+YD((E[+=)U*2R-W"3ZY'0M4#]R#./OG+"Y'@Z[(=%'?`/SM.4I?#DL\:B$5#0I05.$4@A<'Q4QJM%8D$" M1=U8UG\4D$@%\@9:W>5EC9'8486Y(=JU'\)$T+B:?IFX\28TN'1P-K04,#CC M:A"#74[ZS1+'[,"O]/2M':J`KM\LUMH[RLR1CX/NEP3D/^M>7,F7 MD9#+:W1E[O>^=4O^]#3ZK&PY\/AG`Q8;##O6=8>S7B&E10A)?"))(+/%"V(J69UEY@#+8?/!?2*\48/=#V M@PI8E_:PLPABN9W;8?(/CBG9#V0DQ7Y211DZ>ZLGEW?YM1P1^A"'.:AL:)^# M^!E5(+3?^=%=D^'V(Q*"DY/IBPSEEV=MS0'*57#B)4NUE4L<,R-M/PA(E=F9 M1.?;J-.;GVH`VY7_>6#._$TCU6)LE:P+Y16#G^V"K^@LAJJU0OG?%*_TVT02 MHP2QR8"KIT.=657C#XR[<\H[K^:FV<[X2N$ER10C*'=7E"24\H\)1"/RO[/\ M+DPY$,`J+#4T#!X-LN#;5!83-SH`6CN(*!70N9M:0K`:F8,:F3E.;U,S?L@N MCBPOK$.B@%Y#RPH#BEV32=NM&`=R<,L^@V%E3+8;=GZH.\RASHR'#476DNLH M@U,W(=7*NV'G\BYE4:PQ&&,IQ"'*)^K(:)+6AXZXF]9X,ANO`,@]A&_(A)^, M_^I>M88AM>&]A"Q(SU?("NNM>[$TP".FZX-J3;I(V%VK.,H$J:D$*H5UTQ'7YN$Z];GB^B8U^`_9.5C"Y%8-_@><,Q^9J83(5RS+ MJ>.K,XXY-[6*OI9*_L&V<_8FDM9:.4UF(@'VX8BF`53'Q2';5!,MYZ_ M>'0T]D$Q;8-BMG4H#DYF/BAF;5`<;1V*Z2SP07'4!L7QUO-Z)[.#8Q\8QZ[S MO/+T9.NW9#8]\8%QTH*-8/R5]B08MT$1;#_7>CKV[4D0M.U),-E^5KR79@03 M+RW?:1[J#7!%IO!J0DA#/?SR-%0>(,\_7>49)8P\#Y[?-XF/&:Y9Q>:ASOU MK-C[]A=M@:0EP='!B8,'[RS>,^%]L]\&'(_&)]4-:!S.O__G4D67DMI+B-0/ M;S`CDD1Q"AUB[P(;V]@8JP.G2`.JD@5NR?-_A']4^X.#_L$3^M4S$X&*,;[:#92%2[10CF*#C:/SCY*G!>BU7)>@,!>]R6<.,< M[^IYK?!JB@ZS.2EH+>,M"P\VTVZ:\;0;JBT+_EB6Y>2@%:SI:3>V=B'P';2" MA9)?"U378":]T*;2K2LJAT=-T+DS=R"OFX/5P3EE_O,C.3!OP&/4!$R-I3T/ M!C3GX$27J5/"N`M&L@/AEV`%=K[M@'E'$$/!/&A-_260HQ4-1@&#!GJ94"[] MHEUX!M$!)^C3I^NK3]/Q^-,%_-%B9>!ZAVW$IP>`F]&?#0`0#EB..#G\8X"N==Z0- M*`UZI[!;+W(%TF\PPO^:8'"&[]S.YP`S_0:`:=ZV9P#E2:+8E;VA#DUQ`Z'" MZ+X"F\-TJS8'LZ"?*:K?&>;OK5:%1FRTH>Q%K])QEI7N`D75OVR<0O>2+VX9/HTA%#V-=ECMV(*LLOL-QL/?;J\$J"5-.'],(ASA_ M\C>;J"VGGLC'L^Z:+";*LYZK0'DDX'0&!FIYQ>RC;<#FM<>9'7YECW4JQVI;GZ]C\D>MB,]XX0^+';&O7M MWW(O9OQK/?4BYRHLRC>9*#YDY07YUL4[^S,.JJ//A'#:%S;$Y-:S^MHXE%F7=9CGX-^=4E-?V[2(W?8]/S M\DW%/#N8Z;5<_VTZHT1(;$KTJ[B]CDMQ%D4Y5!KH\`$T)4U63WCS#&V"&VXT M,=F;["9\>J.X9P?]V[J\,/@C"@Z33@^;6!+EZD`K?PR?]]] M/)Z1>DG7["7KLCWK$C?42KALV&!GKQH%C0N3%7V1)&O,+1#%+Y+'\86]7*A( MHVYB^3LGMGNH=(^<=OKJFTEGKVYC_PVRB2D:(#YD;U3:B60,4'#7%)5^ZJQ5 MO)>K?MUI9N6OD#@/J1)VK0N2DQ#V/E-WU9` MYB\'7*8:`S5T+-[>%4L$;]&[5DEG#B9M"8M!I_N$#```!%```'0`<`&-K,#`P,3$T,3@Q.2TR,#$S,#8R M.%]C86PN>&UL550)``-475X"P`!!"4.```$.0$``-58;5/B.A3^ M?F?N?\CE?KEWG-HW%&'$&45AJ;RL%!3=V;D3TK1DMTU+DD+AUV];P!6U"RC> M58:A-#DYS\GSG":G.?Y+DD`-4\R@P!883`&I_".\?X$$*KX7F(B`.A5Q+Q)D MC.,V.L8LOH_[AT($)5F>3";[*#;EB##,_9`AS),&($DG(/G\^<=Q`E)A.($H M@:9/@1&Z0%&!>EC2XN\!Z'4K0%-4?3XH'N$2^GT`.0:1YU)>SCT`BP;,W?>9 M(VN*HLM+P]S("F1;)G;0TDY(F2=4D7=V/N)4[F3,'P#'S7=S!-DA# M+XEI@,LY3KS`32)*VX8,V_>1I!@BF##7B`%="QY'`U,+6,OC$ MXTO@EKF5_!Z[/EH!<1-]?+;$<.$`N^4<8_\M7;3C+#[E'`O^&A*?=_B3B&TB M:T(*'>QA*JIXA_%ENHVC7(3X0*U3MAHM9&B)'_]=D>II/B\L9!YZ7NI-(@)[ MR_$V\[TU$@A_#1,^LS`KYY03>&]R;,[50A[UB3ROTJ?-3.(1%[*63]]4H35`\LF'D&@=70N1 MM$&_N95"RHUA\_#XN"Z,M-\SK_]4L?!6%T2P^* MUJPP=FZGM'<>3FH%5BQ<:M]ZW2EW"V,T4UQ#['6:-U7YR)M<.GUJ&89J&M.Q MYUR.H[!AUZ(IU/.D6RV$:GC4-#5/.*&9M^LM&E1L#VZF>A4-[ MKSNJ6F?".6^[]4@6*#_K%1`M7NLW/6]J5UHS)7\%=0S-@C%N!?[D3K>L>K]C M6+<==>A_[@O='A6T0W+=4"L4*JQ^-M+WNH-HU,_7*X>G:,AD4NN89[T0^E)H@NB7*B!U;BK.1VF'\'0GGF&\;T97)7+7T'% M["3EX+:I>8I&85R*6M606DGVQXO6SA-U,XQWO&1L2-(BA?.O7"U:6.Q<@N=] MRBMUX?_,^B^GN2#^%RP_K6NVWSEC+6]@_*;&VJR#B3<(&4]+J9W1O@'`;RLM M-^%_$X(R"IEMM4A>H'T:^U;?9K=<[_]W[IMKYKR08P..LIZ.%\NAO;$M"ZO+GP+<<``#D]P$`'0`<`&-K,#`P,3$T,3@Q.2TR,#$S,#8R M.%]D968N>&UL550)``-475X"P`!!"4.```$.0$``.V=:W/;.+*& MOY^J\Q^\V2_GU)1'`F7YDDJFRI=XXHQM>23E,K.UE:)%2.:$(AU>9'M^_0$H M0:)(`J2$1@3LX=9L);&E;O!I$N@7E^:;?^SO[_V*?1S:,7;V[E_VW//_B:?_ MN[>_=QY,'POIY1#X:C=P0 M1T$2CG!$?["WO__+'OW??__7&^KD/,34Q>N]F\#?^Y!X>VVTAPY?6^2_[M[' MX?F>U4:=^9?(-SS7_W9O1WCO>>KYT=M7&6?/]Z'W?.NFGT]Q/T7_OL8_OT1_O(VN^@GY\C9]E$\ADG7KK)&NBVYK]\ ME0+;VWL3!A[NX_%>>HVOXY='_/95Y$X?/=KT]&@/DNG4#E\^^IY]CSWL?'(C-YF^FY$/ M783DAO`O$Y\TEKK^V+]:MC.)[FW_&[T+6LQ!BWZFM:V'UB]0UTBCZB0>'CS8 M(7X(/`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`B92F3UUK(4W=:4P++ER!<-@[_XO MG*ZHP>`MF-M=KU$)N'CI"[X64.:<]7$7NG0:9TB$_!GY]#![Z@`7V)9UYY$2&/!_@"P3UDLAL'T*#ECRJ8ZY!#G+WE! MM0N:=RRC^+H,@]H.8^(0=C$OLZCX8EZ%@Y`62=4OP MBZU6H$EFSJ;&-S\'`L,M4+"2O,]>_L!VJ(+ZNF5=$R$A#8:?+V2E^:M*_OGF MS8B$0`D@D;8%>1Q@DB.193."D*/!^`M5L!S_SV[\T,<.GJ8N09.D#1R9$1TQ M*Q8LOFZ6[[N"E7O5_9C8E:9R8S-<+&)\\0T7+G7]'-^+<4'B=']\90X7'X4] MG\"-[HJD!B@6)(&0EXN2*H'(-V_&:"10BQ;H"O*ZVW-BD.3J:H)1,&[(`U*$ MPB(!J-OO@C`>!YX;#$FS@AD&$I%W',F"^=>V"&5&15-Z&*/C-S#&J:X+(8\!XBU:9MP(.GIMSC.H,7)2'"]>4 MMP$.G'V7FM1V7"P'P%@#"E!V:/_4=^YP.`["*2T;DBI?F$Z[A@--L^\Z:-AN M1*!#$#3Q7+D"[^/%MC4-0P40%@&^^MSVD0#'+S"L<3HCPL'@0ZXA,W^PW8_V M2JAPV8RM0&5NBQ9T!IAC5-<\AL>`X09=`&;.P)-'@6$#NA)!'MF!E)[,'W`J MR36KZ0C*Q\"@PVV`5I-$"C)'36_URHQ1*%`WWPU:+&$%LP`K,*QQ1R/"P0(@ M$JRR=[W*S)WG0-/.IPX:%A*^KI4-B*HX&#"5($#!SG-!E?\H\0:>^=1P8,B3 M(,B"#N#4;-XK<"Y4:5Y7'5#-A<5")&[GI=U:Z[7=,N7RP(N^"4NX2I0H6)D" MJO#&L]J4>:O@W=1Z@P#?U'IK:KTUM=Y4UGH+J^N_-.7(FG)D33FRIAQ94XY, MEW)DJ\WM)/7LS7"X^H%D+R*RO",-6"_1%B*IV7OO0@%6O@ECFQ)4>4M`8I!O M5[(,JOEJL!*Y0CW8*,)&$3:*L%&$C2)L%&&C"!M%V"A"'4FK580WMF]/THR1 M:B2J?TZC",>R/3;7[&X69^MFV7P:U?`W)7_ADB:X]TE*P'<&.)RY(XRL>P0: MB=IN=K6#H6YLZO.JKLV\<;#H>V4#G]P7J!<_X)`U%2Q*U?9WMM>M;GQJ(((O MWJPD&,:&H`H\?W/SQAL.1]\3-\0.G7]*)]=\!SP,]7SL:'*Q;DAJ@E)9!!HN M(B8^$P+:<-N>260_VR[QT`O[V)W>)V&49A%@Y&LXT#NSJD.HND+TIG&YQ3'X M0U!N*HFX$."SJU(3>U1J'^%79`"5^@-8W.$;E9M#,7]L0LU:WL-&L:C2K M&LVJ1K.JT:QJ-*L:S:I&LZK1K&KH1UKMJD9IK?'`2Z;^K3V53:HKC.]J'KU6 MMET%Y@=$@[IL(]`8+$P:1)Y!J+%4`<*[`\^[8QSO3HT5""#>77C>7>-X=VN] M,A*"-Y)]K7*I2<-XH_8&ZPB[V[(\#&)6E"%BI4GHA-[!J^UK=:5:!6@RK]SF MEK?J?])TGA"VLMF\9C*OFPD`_-@GQ8 M9Q.N/.0C6,A'9D$^JK?I5A;R,2SD8[,@'R\A"]Z6(P_Y!!;RB5F03U9B!.X- M.%D?=%T(D'!JSAS"\ZMGA.%J`N=\0&J]U)Q1A%=:#_'%GB1A2*&7FC.*\$KH M(;B3GSD?D"HO-6<4X97*0X!'/-=]0$J\U)Q1A%<2#_$UGB1A2'V7FC.*\$K? M(;ASF3D?D.(N-6<4X96X0WQU)TD84MFEYHPBO%)VB"_M)`E#RKK4G%&$5[(. MP;TM)N<#4M.EYHPBO-)TEBI-)[U;LV#.),*9;9J6*DV'8#4=,DO3HG02M-9JC0=@M5TR"Q-AU:: MSE*EZ1"LID-F:3JTTG0=59K.@M5TEEF:SEIINHY8T^WDW%WQ=C&M[I;O MCBRQ#'0*3V3Y_WM=K1K4F^):NS]BTYS':\[C->?QFO-XS7F\YCQ>O@[NOW7;[ZQ7]AT3?PC6FC+RP?ZFZOPK]#!\&;*].!=@XQN'0?L91S\^^ MEB0JP[^Y]*VPOKL^OTY,ZN!1D,]P?=)7Q=@>5AR:G!=]'YE-4/VP,>.K[.2A M:-10GX3BL9UX,>S`\;6M*$\JF3RZIK^$GZ^;F]W-HU!_BHS/H\X1<`#Z(/4P M^79W5<1.*@*Y\IC`!\0Y_J37ZKEVS8V!JA*.''_R.P.Y=HV-P49E'25C,'#) M.'1%_O\89Z0G7"QR]M?Z4&."DH=4XU@Z0&B6#B_L6';YJM*\L@D.A6')`:KW M,JD?N1Q+/ITV^3+[[SX0,:?'B932>_S9Z3Z_&O MSR]VY\`=7AXE*#F^&5C3>)(,#L97M_[CN=?^*VBW?^O>?.J.)Y=GRME@:[QWH3NUPY M)6=L-VN2E8CSEZQDUG_AY-8.Z5OC9QCJGN;;U;8S$:"HG-/?2NP]!!XQ>XEQ M=&Y#K+!PC.K:A?`8U"@Y*XL;ZMV??+O:WN4"%)5E:#?%?F,_N]-D>IY,$R]] MI-+]1/0PW03W9CCLC<VX=D066516_"0Q0_2V^;J^="U MVZI)J+H2[A;]V,)WQN/5-#VUV?/ODG#T8$AS9VOY=>.W*('?7]8RU/V@>O'J_J0KX*0@;7/PH]Z#Z`B?%4%P`&Z!I[?A^[_@Q' M,78NW)GK8-^AFYK7-CD#QVQ[]YJ*4'FL\*6(^]C!TU0LD`R6>EK]0'8F5V!9 MUWQ$2*.Z2O$V\^=9CY#$-1YX/@RQKU'3.?B_U,A#2J2QYOU7'[]B3=^TVGYP%'38Y936]Y/@;X,LA9Y4H//>-P MYHXPLNX1:`AJN]$V*:\/JKJ2LE24>N'`G;J>'=X&OM(X53C2M=O:A%5U2>8M M>K'S8/H8^.3I16ENP'I/L!A5V]=W*J$&F^HBSE)!L10'A6O?@*#PV537?98* M2D=Q4+CV#0@*GTUUJ>AM@J(F%.8%H`J[H'[T-MA/1]\3-\0./>-*ARF28X`' MH9X/70?VFH2JBT]O-3L-'`JC'@419M@%9A+7S[9+%]#"/G:G]TD8I4((C'L- M!YJJPCIH6%#@=G[?XAC\WB^WJ?&*`0<"HPVYU[LZRK2F0V\\Q.'4]6V`"<%M M/&HY9C7MMO@8&'2XG>4%7U`[ M^@6&-7X41#@8?,B=Y@5_??GZ/.4V38+>S];@Z4"N,R_&I,L@B/T@QA'P^942 MN]K.S@I0,/("E;RM&F`;_>:;PZ#Y\\WKJM"JN;#3<:"KTB%Y[,0V]\>`W)9M/87W9T`I*#+#.L?B%(<#+](4DOC MOR$LILGT*MW%2A/C/IY/JYQ.:3.@@U+E3OM)CPW(L?C!UFA=M(,]LL/0=N9S M8.?!=.I&M/(,T*,D=J'_0U6!B(5'P='LJ(\?0QR1>^(LB!]N["@F8C.=I72D M=T;5!`*G#FF?SIV7.IWQO?!GZ(1TE(S\J`[1#KZRRUL;^]5= MVVY!DH46=)/[:EB-8G('.<.@C\<>'L7GI*_&4(D\W[SN<>)S8;5DE,Q!W`;Q M>4`<>0O?=!2]2/`PR'<&0/&I[T_3]8$MP+$`PNVU7PH(>_KHP19:RMG4.+'@ M0&"T%@A MW+'S2M=J4E&A(S/$@9@5BY1*Z9QI@()\M<2\>8')I;&'"J5SP2UL4EMBWM!P MK'+=0X5*NN`6-O,M,6]H.%8)\2'H472Q6^#TN,2\F>'(9LW"4^ARX5"U;YMO MWHQP"#9Q'PI7Q^7"<4X,NOY$33`*Q@T1D44H+!*`PGU`VA'CR0O,"E#>FK:D M"Y?-7OX`J-29#W!=+C"L\1*G"`>C#_I>RX6_Y:&@\\`?89_^%."5)V+CVM_W M/"@L$((%YXVK]I(VP;WOSH"U_+4+9D!%.G@;HN"="L>HKFD+CP'C#2ITJ3/P MC)%C5&?@@NSP"+;2-W$&G!.6FM2VGRX'P%@#+OM21]?$QDW@XQ<`Q"M;^NX- MSETSHPI;]"SMH`+?H>40(G?L8F<0VW$BN_>0:U;3J7T^!H8=[K5?U%<:TQL[ M_(9CNFD1@';>HL:@"Q?/&,.]IVL>S_C*CY(0.Q?XD?11Y(,OY`>Q&R<0[\*H MX4'K?KL2#WO?':#63,<+D*7$K"7-D^S\LN`QI'Q,'4`M_N6,:=R%E+V7$6ZU ME7H`0*DSP!4VN$)@9W9(RSG$I[YSA\-Q$$YMHMJ']CW4?OD:#C1%7@<-"PA< MY>Z,*W`A+K:M:1@J@+`(\$6B1`2N_/1OE,25YR51.L45?;)#U[YW/3=^Z8WG M;9?-O;?SJ:\.VI(A"R;LZ>-,8WI^NH&N%U[C"#!FZV;U?Y!R&!AVODR50'[J M."D!VYO+ARO?P<]PZ,O-ZSK55F]T,(VBD)?)CP>`@(L5>$@Q[US?B^LZ/X(D@/KY*G MTB5?P)<):3;@L\)WH;$RKH>(10=2,K-<'%:3:+^7H'#9C"W@(BKS`:XV!(8U MOL=%.!A]R!57YF_Q,"VJ&J0O)[X.;$=V/*@TK^M04,V%10-T/?;4]Q/;F[<, M9M:SS**F"J'TXAEF.(&]Y@9J'I1C5-?;F\>`T0;=+YQU=D4&[S2R%_)5G/EV MM1U1!2@8>L#SN%EOZ.1$=F-VP9S&XVCQTAE?R%K9.2^RQW0*YLP!O#J)(WY.8!&?&(3X)(,8],QGUH_5;D,JN]2<(8CGE[Y$ M#+IHF?,#J>U2<^8@1AG$H-6&4J3OB!U+=I>;,09Q1=TB9NB-^(-5=:LXH.9=0=4JCN$*RZ0P:I.Y11=Y9"=8=@U1TR M2-VAC+JS%*H[!*OND$'J#F74G:50W2%8=8<,4GH.P:H[9)"Z0QEU M9RE4=PA6W2&#U!W*J#M+H;I#L.H.&:3N4$;=60K5'8)5=\@@=86,'.N6='T84['F/ZHM)+TO:KZ10[KAUC[^4NQ"-,SW;= MX=`-9(M*`33`@*=(!N\R[*`:==4RVOSH,@C35MT&<2]MEW/EWX5!]$@:+%VF M;3-?VA[$V!#9,FXBX;MIV&@-A&%`3W_,6W%-?R,9GG*;&C]5'`A+X*`RF$4] M[Q3@,)+0M+Z%",1$EE&`*S#$X'K;T26=3W\**2QQ`];!&AYE+[4-V#_(W"@^:,@0K.,"N#I2+%?I>'0/R_B M05D&`O(8Y77PI*9W$AC6."42X5CR5R+72ST#=DY\^_IG2`(V+"@'?#$/&A&5 MT=!]E.``689`(*PE2C(!5B05E"'5]`FH*C^*#OBJ6)8YK;\"792FG@]=L]>: MA):Q$0IHZ?ADB@>2Q].?8-DYQ!H.-.VAZJ!91D6P]+QI2%(/M\$%=I(117$9 MA)<81XM7KD5#^QG+/C&U7&B<4=5#M`P.Z*)U_K;X2!PNLNM+3!S:7E\^P:KI MQ)PQAD=I&2.^/)<-4%KNR\,SVX^'`;DU+O`8AR%XQ\9UHZTVK`]J&271PKEL MG'H^3N?L>^/3,9M[3 M9SH$CA'?C\9CT@:PEK$"%?V%QUEAO7^>`T.>(D$U3M0%7,'/^UUNV)BO.9>7 MM6=KES]FC?^'--&8(5!-@):W%F0-8V[353WNY7NDC(IJV>,NV`$@&Q+@W5*5 MYDV9XN!OG^K"SFZ_G"QY\!( M@BKK&NN"2C#+@(">$^>ZA5((-1QHFJS60;,,BD`S0X4$XM5^8MN&!6+]S7[H M$'#]G^=2$7[3R&>@`XKD$F]#^_G=]\2=V1[V8T41*/&AZ[!=D]`R.+#[[8KNW(YP"^#]02P,$%`````@`#E'K0ANIB>1U*@``O<,"`!T`'`!C:S`P,#$Q M-#$X,3DM,C`Q,S`V,CA?;&%B+GAM;%54"0`#7+S>45R\WE%U>`L``00E#@`` M!#D!``#M77EO(S>R__\![SMPL\!#@K77HGR-9Y,`'GN<>#)C>VU/C@T605NB M[,Y(W4YWRV/OIW_-/J0^>%2S*9)2=K%`/#99+-:OJEA5S>/KOVQOH^](0"(O M(6-T]X+\DR^3V5=H&YV$L\>;D8_.@R3]ZRCQGTCZN^")1.F_T[\_),GCZYV= MSY\__WV4-HU'?D3B'N"A@.\FW=*>TS]X-.=%Q/T/)L&\3=?5`9[OHNF?P^C^YWA M8+"[4S;\(F_Y^IG^HM;^\V[6&A\='>UD?UTTC7U6PY0LWOGYP_N;T0.9>=M^ M$"=>,*(#Q/[K./OE^W#D)7X8`/A"W!;T7]MELVWZJVT\W-[%?W^.QU]\FTL. MH:^C<$JNR01EK+].7A[)-U_$_NQQ2CG*?O<0D0F;DVD4[=#^.P&YI\*GHQS1 M4?`!'>6OQ:]O2123]]X=F7Z!:/./U^?)\R5&.5/"EP5",ZI;H> M1B7-;.1OOHBBWZ[]^-,U2>91<'P7)]1#,(64C1F3T=_OPZ>=5$:IF0_3_V[3 M_VX/<*'P?V43W*EQ1H>N\58ZG$X3S@&0S^:WZ=TTNO1S5A>A%HW+(]$<)FT6+G5&8NIW'9+O&\20*9Q+Q)Z%H M1IE(NV)]%87Q(QDE\_C6N^-8`QSH)K4:2ZL$N3$P!^%EJR7`AL'ER+M`EC6- MTH>!41T3_[?3<#2?D2"Y3=O),4U[Y*"F/S11;5';^7;UB#8'Y>!9-D&TC15$ M>;*F>#(GT=U(JV06R]MINGCHP[5.UI!KYC(@`SMOC-+6B#:WCCL3E*8"M&=8 ML2.P'KP-$C]YN2;W/O7[07+AS32H`9-JU>VL5`=8H_-6Z$4C1%M90UX$0PD\ M=UH[W6.R);V35)4B;WJ>!H///Y`77=@WR1IT`4P&./@7K5#6#*7MJF&:'27@ M`%+7`M;L5,S_./4D8^I-SJ;>?7_LZ^3,Q&JM<3E0+]H@VJB"LVF8F3(OX6W/ M9*>>,G1>X;-BBA\&>A?X&E5CGITUNFQQ+]O6EW;SL(OP:*[MK?DINOB2WMO) MA&15.;U*4"=K(OI?@PZP;66TJ;-EML$1CRLE'+ M@*V57)IVRYZ+"K"C3X/!`.,]_`H?5>IS-_/9S(M>V&74:A^*[>[@8/@J0Q9( MS8P=PYB1UU11T0/]6O;YMS6OW@TNJBH=I-"Y8%>C[=,DX;>;J]_V!X/?LHSA M`YG=D4A)=[C$3'@*$"<O>EALB\@JU$1J MK4TN.%;ZHQ_[\QEZ^T0#]M,H#7H#=#8/QF[X=1X>+9U@SE8AAZL1/:$_#P\/ M7NWWT(86$2O:T.2BHS:@[=1?Q(F?S&F2[$W1R=2+8_0EK_U7MF)%$'XM[6%* M9P79-)1@197V5=M:N ML2Z3Y'Y0+1N@M`OZTHN1AQY)RE60>/<$A1,4/W@IIRA*6Y(9&://?O+@!^AH M@,;>2TQ;/*:S>/!B\I6=%`V&;KEU2B*BK@E`2O*#%Z2BRCX"$1)3FL=Q3)*X MIUYQR1HJ\O'&YVC2LCG5I-ABN4^&1Z$)PODI>IE3^JW?O\M"I^-@?$.B)W]$ M\/`.:U4-\##&MM]!.>)]]*ET1UZZLDD\XU MPW0`NHT_#%(%QI?)`XG>/C^2(-:H9G+ZYC;Q2GGA:-8-7;T>PNF81(52T4]- M5VD;JE.6XJ$NV!7*!)N_T@[@U2B/?97IIBA9:U0VM^9K8-J@70>.1W_,_33$ MHUD#]4ZIO]*N$;`QC&Q.@7+#VYM4],V3+-H[6[3:RF-:>SK!6.@27!`*L;%V M);+J4<`*/]!P>77L86F):3:0ZH=.UI#KUD^>GA"[3 M7,N?W4QT,//H.,)/=7;7;D,ZY80S$*=^+)1^%JW]'-O MGSUZ$O07XD4#K&>!JI,TEH>S1N?H3@E_T78K*^RA93EL"V%$"=@\"2G"I[Y4 MM6>L/9#DUNP%7+"J]90Z4(L"ZN0NPJ6>K<#J&.1-I14R1J#&>!$Z M;8I\`)GJPY&#[K`,;J%LAD#6NOYR'RA5&QD.85?_6KEK=:W<55XK=S,EB=W0 MDCHX?(>^Z\1"ND942;(J-E=(I0^2C!W/7 MNZXMD]ULU;4@147Z:HMEGI+G1P3PT=&@;^F\2M*%% M/>")ORQYLZ:D5D%HD.J;Q[3(V0.:EZJT@,;N`-V,AIE3T@+T4"_00XM`#Z%` M#]T!>B@&>J@/Z+[Q5HNQ:!WH,"O><. MT'MBH/?T`;VO%^A]BT#O0X'>=P?H?3'0^_J`/M`+](%%H`^@0!^X`_2!&.@# M?4`?Z@7ZT"+0AU"@#]T!^E`,]*$^H%_I!?J51:!?08%^Y0[0K\1`O]('])%> MH(\L`GT$!?K(':"/Q$`?:0(Z95!G92PC9PEH.C8(:-K0$:"KXF<`O9B2%J!U M5L8RT+#*&&WH#M"BRMAB2EJ`UED9 MR\C9`QI6&:,-W0%:5!E;3$D+T#HK8QDY>T##*F.TH3M`BRICBREI`5IG92PC M9P]H6&6,-G0':%%E;#$E+4#KK(QEY.P!#:N,T8;N`"VJC"VFI`5HG96QC)P] MH&&5,=K0':!%E;'%E+0`K;,REI&S!S2L,D8;N@.TJ#*VF)(6H'56QC)R]H"& M5<9H0W>`%E7&%E/2`3366QG#%BMC&%H9P^Y4QK"X,H;U5<:PWLH8ME@9P]#* M&':G,H;%E3&LKS*&]5;&L,7*&(96QK`[E3$LKHQA?94QK+;?!T;_9Q%N"0HF[:%:*-[HQ:&JY'XA/U]AU(UP6.%J`K5X[(P6"KP2V[N`2 MLL*ZLZ#H@&K.-FY=MK2.DE>\>X1'LW?Y@TO7NOGQRB'[EB^>D4(A48-]=PQP MOZL!;H3L]9I@_\_!7+JV39#[>1@/6A?*N*$([8_#PIFY8(0Y*YU6P0L)(QR37K1!M)%#*1`3)+["M.=J\A(]"$-= M3'EC45&\7(]>:'_K/9/X,J@^LA6SWF7M;L(2ZB:+Q6)6>+7C[+[_K!NB*E/M M:+.J"$.MU![`U$V^RPICB6G40#C6'@_EMUFYM.FK>=Z4K-BN&Z.8^B8`8T?! MQO,'%"D)>P64;HC*=(PADE5X827C;_/6U0DL\*)OZ6:/N&2/%FXP>@.5I\2N M_?A3'D9\3[RQ']SW]`=M>D;K-*WA>2\TI^UVBN_`OQ9-_VTOF>.B4+ZOS)R6 M(9_*')QECC*AKH54U8+GR[O?R2CQGX@>*VJ1,^V8FPSPGO#`U=8,Y75,%.R$70N.32'TMQ:[XU69!\X:D3(Y7 M89L,RD;C1@$CS!$'H.6[1=8C);;4ZR_BM,-.([;5'IUE3GQ).BY*I;)'0>;"B^B[OD]$ MUX+&IVLVV.3R(;&C10=GEC(I4G7%X,S8\/-K;"Y$9B<1_#H*73':S,JT#^%T M3*(S0N(33\?&(`Y1HS$FFP?>+J!E8_K(>(R*YKEZ6"Q5BN$I]$(P54,!)9\# MEA7"I;UFXE8+(9OTPNE\%EQXL[[[>/ATS:Z.7#[`QICU8&B';?5H(<71D/J, M3:V.0BY@=LD4_#H*77%U_.`]^[/Y[&0^FT^S)3?["'B2CG1/+I](=#F9D"B- MC*\B?]377+N-9=:$._'&,>N"!EH2R3_PHYP,^M*+D8<>2ME==J8<1&?.6$Y#*ZP;C>NJ?%#RT'M?$6P,H_$[B"5-KN8K M6VM;)VRA>K<0C*'@'\R0#O?A\!K0!RNUS*$@7R%Z/GL,8S*^#*Y2:-.2_*E+?[;5R+W)-QF26?4P_ M(YD+7_Z">PAJT8)^L62&O\>SX8,=5J&2Q6UP7GG0&N:82T?8,J71-[QOF\,'=-YRW7P>_*L5NL:E5)`-S.XD%7+!W$O>` M8BVQ4$RC*S3U6:WQ$]J5L0&V:<\M,Z3=QM;P2>S&R#)KCX M9L*B:+*`R1@?=L9E"V6-W3ABP2HF\V9F\!,"AP7`09:F=-=&O$J'K2_39=I+ M_."^."ZJZ4PGEZQ)`^,QP;LUI&R.RO;62&:KT';$_'!O"T$ M+O@UE+PFL]1USE-$V>RU/GQ&.A@H[["G=3WA'3R43=O4I3YB-J!FZLI96VWR M7\&W4G$6%:0)\HQDP7$,2;?+]OF96UBJ;3PK8$^JE1R(YFXR4*AN::!W]Y+H MR1\1/+S#,%2J_?.[C7,*Z,N4QC;^*L/*YGNFT`DV$.HF%Z6"?W6(R^C&G_E3 M+[H(`SYOBNM>AX&,>@`X7YQ5L:9\880*$NC+E`BJZ)^UZ+4[Q`SU`XC&T,K9 MC2NINP`AMJ&0&5YL3\+98QBDZPW.Z*C9I+WY91\QB2&?6N>T8MPZZI2,*IFS=J$3M"HQ9`L1%8-(UZ]>6Z M;D#4I2^J4[RV5U8'P>$2",>C/^9^1,;TS20:3J=).1R2LG/^XE)6/J*UBI+` MP&;]#C2Q!C`=A&$TS8`C`C$/!^[WY4/@B%FDZ/_D^?0H4G1-_-G=/&U*ZXIR M!.AVI;PK3<1KG:VY)?EL&BA`IV^RI'I!$K@=I(U!2X4U2)BS::`@F+'B]D\Y MKO15VWE;U!3-6P0M+6YIL> M.@'V%FSYF=L"KLAA1_\.A_A/@[&RI[H*HV023OWP=AX%5*YZ7CCADC6YDO&8 MX#B517-4MG?@V0X9/H7:"*=J<`.1B`^6E<-DOH9"5]H[U"*HZP$5`6'300"? ME0YFZ<+;<7*P>&K2?D3%DG%*WU$!RWY-A:]OV;Q.5V7=1IK1M&Z?E`NP:6XA MVMQFY4.(#$\I%G.T:(PE#S`[;`AZG82L;'1%DGX6ADD0)B36_+P8@ZZ5Y\7: M?$B>%UMT<.UY,3Y2]2HD9\:&GQ=C2M?";@<2,VUWAY16/1T36SE:+8^(8@E(.AO7T07H0?3E(S"6A#Z@ M"U*;@U+?>/Q-1+Q/CZ$?)*=^G!T7[[N_3$#8D@-@L"()RI<]T**+Y1?VY'C5 M-8-6S6%$%)I#Q+^F\M=GKQ_\@%[R<)[=%4N_,EV3?&-.?JF9;BN6#6=X M[TE7_L`&OX4*2FA)"I6TT*\Y-9MG7E45@:>>$,$9VX&JPAW,DW3']4\`K/J= MG]E8951R&WGC?$/@23B;^7%,[ZC6XX#$0U@**(1,23S-(CK-.^>[0BO=K=^] MT`7;NNK)Q6(\^)"R)'(>W:':(*SZ!BKQ-7E,\4S=SILP>?C@Q:E='6<[AL>] MKY`"#6&MVB!@2EIM*/LBVAGEO;/MXGE_9S0.A&XSE94)QD+!0<*2N.#0':P- M0JNW?TC_F\HUVP1W.;D(@XB,YA%]($S;58U=1K*3OD!8D_F,"@E:_:H2J5T/ MZDA]@KJVSCQ9UY" M^B8GH"%,!R`0IGA7?-6.#6ZAM'<6[6ZAC`!]K&E!PG8AK@N\K+.$(LF8BT"@ M+,D/>79$:X/@4@Y!!$<8-3N*+B.Y5>)3G:5EK$8I"-C M"B>475P$C`'9LT(:UWS9]UXZ5A)Y833V`R]Z60Q,2'`>C*;S,1EKRGFZCVOG ML'97-F794.,"A)0DJM%<_HE21259Z\MD;WUI'@U7$JSA_5Y*3`JS*&WP_RGQ M[[F]C,1)ZC;'M^$UF4S)*#E)LSJBZTLTG[P5Q\7C1E[AS?NA)$1%3U1T=:I> M*(:R52L4",.P3Q'Q(BGG@I%9?U3Z6?I%F)R$*:UI09Z6:3!\^ MGLD3RIVYD_F&E!!:4LKTD-)"*3'Z#T:8[LRRU5DC&KK:388&ST0K,2CT,SI0 M_E/`K'0*>_%YVYL]3HF>^Q#8-*WM/:ER(=ULDC5F',NWM5&!!4MS9T)K@A:V MC31Y$.\3X4EYK<3<]XMN0?'-RR_$TW03B8BRC;"?Q0C0!.]>$.W$O"'#LIXP M$6-J2WOB9J-['AL0Z^0#L*["+X/XK_^RO8U^_>G#CWO__O7GT>/\^9=@_VC\ MG\.G^U]>@H^G\\_?'49'AS\,?_]X^Q)/#Y]&_QE,WR5_N_[PT]G.J]GG'^Y_ M#L;OWN&;=R]/L_L?GI[G[R??/;]XNWO^[=GA',]??;@9SI+[^Y/PB>#R9 M#GX/!X,?]C_\N#^Y/WLS?YC\[?:/L_&;Y/[TKO$NSE\]W3Q&'[^U^YX?/[S];OQ+]?X(;SZ.=F=_'$X//!_ M?(]/`F\0G;_Y8_=OMW?/?_R\=WYR<#QZB';\[ZYOWGR<>^$_+Y+1N^3MI??Y M8C+]_E^3G?CY;U?C)WSZ[MWOQW>#_7^^^2&^_O[I<>]R.-C__4/B[=_=?_/- MO]')S?7V=M^`XL*+Z#,V3T3SP3D^>8MNKLT-T-D5TVCYF/U/,8HHFP]>!&_R=A>.[>RQ7/+E:<9`:@)UM#&`XVV M`AC)^XS=05A;%#2:KJX'&R7$K5PNPV$&9L1;Z,U+J3^./-\(`U"D0JU''.T9 ML_0A1P4\UAR0?O?1%(0IV<&^5FLN2-JTX9P%J.5^]I,'=$W&9):YS"VTGVE. M[$;T5D>(J1V5Z=HQTB4#(-.4"GR-)*[-"O%`NQ7B@74KQ`-E*\0#Y[1BB1%7 M*XH)V[/#G`$U.VR+?(UDKL42+\*E/%9=CA(/9>%C.X@QJ#U?A!75DA:M[!9( M0*"SBR5R69G_G@[F#>0EN@&YP4AJ^&1>'61UU3#^*&XX%84B64,-J^D=KUSC MCB;":S=B*3GA252J:RKH;1Q\JW$?JZG("0>R^=%,P%=O1\*L$[FFA;!ZD51. M=CZO2;CJYTG89;[-Q$]'2;\ZQ@K*@`SRCCB.;M7!AKXY51OD0RC5JGK-T*XO MZ%@^E""R`9"LPKPUUQ<9Y!TR;WC9L:%,CA4=^2""M&E9C+1OX!WJDE),-@`4 M'2:^JN=>^.0MFGCGMU_*G1W.O@$C19&I3OP78/=W88"@K#\@.NS[9!K& M?G"_&NMN$;?YJ;#)#-"TBVX.ZA`/.J8&,6=OYPLBBQ6(/0N16',H%#\LWB21 MEY#[%SV'=9K4S%IK8W2.>9:M7'BHEB/]`G36?$P9'&-LEH4)A>F\-'O:C/9/ M[P+"IH^:\EF1F95C']'E8#7T0_B!W*3IP;^&@V6_IL)7/I9:DEV\97I"V0WH M;_M_SI80M[/VL9F1V>SR?=I:-_N?JV$`-I1((`/3RR>?%:$=P_%8'&<7&&Q`N0F[,PMU`V1F99%$>`K@I/>:&C=+2' MHQRB1LNK;!Y$YB(_>6P!?6D`))BGH:(IGP.N8;EWR+NGK-7JH92>]J\<'*+& MC0_\12/3"/EG#`L*(2V5"^9IT/C@WRF`HEXS6:L;G^9/$$R29M,Y%@LBNQ-7 MMNVH@J2DS9VBJ1R-QP#7XESZD--#P#URKO=A3#Z$`7G18&%+6H9?/:@-+C(J MV@AEK1Q(O)GBKR!=GY&QMP=:0W.MAR]-ER6I>OE_%F.&P3B-,*/8G_AD?)-X MR;SO=;A,N(C[X.1I(\&LH>:63 M*I1@9ML?O.@32>A=LQHLLDG1M#$VQA?98>Z`\[;Y_<(NJ`('DHH6L*9HV/08 M+'"M#B#FM9&SLJ%=A,EY$,\C,CXECVD"5 M+?-')@Q$#A+^&TN\;8QR/QSYU!MXT_P)['HS)LSXS M99,WNJ-)!Q]`?YO1MQ.U,3J0F+45B M?5'0$$U7Z?Y$[F[\A#J,2&MH+1C#VL+-9:FK<:>]X[0W*KJ[M81+P14K&D,R M%A9S(4.=S%^.U4:!U7N!O_+BY#0D<;:U:NRG'A-^Z; M'4O)&TV,9=Q(C7<10A5=4=8799UM[YN&(MG0)Z$L#&7!$%[$=MT)F`U`1BWE M/0Z"N3?-/U/K.>C#HFCRFS)C?(X1YRV+[0G<5P(-:X8`D$(9>!,T^.V8PP++ M(&%"7ALI*WTCKM'2=7Z(0]3HZLGF`6)NW+?T+.L"[V",8*:&5D0^!U*S<^3= MR9Z"[K_`G6?+$T(_V?$W5>X1< M`.R1+_:UE/O`HM+CHR/NJV_UX(.V'+C@_"@C`O$N9V2ZB-7@`H/EBEV1*Q;+ M%3LAUR%8KD-7Y#H4RW7HA%QWP7+==46NNV*Y[CHAUSVP7/=N>6*Y[3LB5 M^QQQ2Z[[KLBU^=(P>T:6Y7H`ENN!*W(]$,OUP`FY'H+E>NB*7`_%F*7$7YUG)&EN4*S+=H2U?D*LJWEC.R+%=@OD5; MNB)74;ZUG)%EN0+S+=K2%;F*\JWEC"S+%9AOT9:NR%64;RUG9%>N&)QO85?R M+2S.M[`3^18&YUO8E7P+B_,M[$2^A<'Y%G8EW\+B?`L[D6]A<+Z%7P$_D6!N=;V)5\"XOS+>Q$OH7!^19V)=_"XGP+.Y%O M87"^A5W)M[`XW\).Y%L8G&]A5_(M+,ZWL!/Y%@;G6]B5?`N+\RWL1+XU!.=; M0U?RK:$XWQJR\ZVN)P*UOY(N(&SK_"[XP?3E23/I4]Z6#I=)'_.6S-G\^5WX M&^H=I+^FXN]MK9J?5>>2M?$X!?!Q]:66R%Y8MZ0CDC?`A=.U\.0$]+UUN-S7 M4/"]7I&Y)EX$GM\EXY.I%\>G_F1"(A(D9RF3Y[,9&?M>0J8O5Q$9$7KS MQA6)_+#O0[<:&+"U)*NS+',+6RBGC4KB**..%N0151Q4&0`M1D#Y$/;OM=*G M6@WE[REW\^%#/X:%CFPUFO)?51EK"77R/"<^"Z-LZ(LPN($XQ(X,F852H.;U'HR"%_``MB5D^4JRD`"W=A0K-]&UB M8,ZDKDL9SXT&5/$Z,_IJP&U(S[[F(]6,4M&[L&F:CKB87'#\1?;^0Q)F!Y@7 MYYJS#M:41PA,H23\*9J+5[@\L.P8(N>U$G3OU;Y)6<-M#D+2AN_?%_$B7[N9 MZF+Y;@<(<`T?SIV\L=OW99Q(UEP0#FL,A.H%_#RZ*S)@*]7))A-*5NN@O0)5 MQ%9UDL5'=RMUT3X["%ZI.OF]?_]`XN2?\Y0HB:8O^N):$66C5Y4)&.&89]$# M+;JX$GT!T"H4139I0U>72=A@V2A<^&LK?;7[S$K;9Q/7&`H+!K"QIO+9Z6R^ MCD3#<@2;%[&+16!AQ15SU,VN78F--\@S26,ZPPN)#/):XRA^?0MU92Y#'6UW'JT9LG52^%K>'OQ[(U7 MEH7L=++F1NR\"7#TK2\SB:_2K*UDQ4Q.NMFRFU;<165L9;]<9CK8KJ-6VU7\ M2EENY;W&6^]N2O0\J\BC:N\5]2H;'-NLOLR9-4=%>WOZ(4&G_>9F:YHV'DIO M,B%[!I4G[+63MH8'T3.2](DIW4^^P<:P]2`ZGR6PL69OC3'>&7-(H82X4R7,:!03WI.]9%,``)H-I.3M@ M1Y!W15E?5'2V%F##<>3H%4<0!D-M&$]+I_U1PX MB.5$GLT5.$*@W5'Y_;0@@*ZK]5O+"Y$86LYB)!"*M2H`GR=8O"!':L.@TE5" MR%ZHGI(G+TANP]3WG)()B2+M60-W&+,[6*!L@3U$_F9Y3H'N34YIH)*(*TY" M!C%']X2R,;7EI0M3,$\!0FP#(5/<(],.% ML>S)6PPAV!P!$XX6'AL"B);`8'&?9GXK5>7/YT'V4U$B-7C[GA$6[=8]5C$E ML(-:#+ZXIZW:IL)`Y0ZD];JZS:22EY*WNG$6 M>!-[6X=@U[1U!67]`U/;#'C^1R+LGU2=53KQ'&CST MM&P!8>,OX'!9X1AT\5=[Q48Y*N53..*IF:L#BQEA&6A;R&LJ9>6B+8ML.)W/ M@@MOUG>_F9BVR5!9R`G/`+,&-E=,$#8"]:C/T&`H+&6&:8MU>:^SK`>VE3MK MR3TI2_]H[UTU#K=R&58XCZX?2CBCKN86*O@[4:H%8%JH$D86Y(`7`#5BK<:)BYUE'>X4&$&H2Y5G.W0&[7C#3V:2;2*PU%%I->$76ZX3A*MBL M<^X>J!RNF*B*=;KG(3L(79E`3)BBR3,8;13W`@EKH9+=T] MO"30TB<7-(J/+%^].&(Q]%D.S%`'2Q<"M4D@J7VJNWWPH^1%;^V,3=-TQ8S) M!LJ?;6*R03M9O%*%A!,A9[(9ZRZ M&3?;[78V#\:7CX2>W@[NEU=,:M0;^#@F-XU"F>+H5-X?40)H06%Q^2A#PXSO M?.R*;KD5LI-@U*X8+`B^??9FCU/RDY\\7),QF66U*ZVJUV$@4Z>6X2QQ-*\@ M@`H*6XC20$LB;=TSK'G=T2U4KZ-H%"+9^@@7H1&U$PQC[#95*$=0G;L(A1IG M5^7DN#(53B*5/L][:]4N#E'3;\R"%"=MC++6#JR(8C`:;V/I\3?-4XRK.D1L MP:-P60`<&;:O"U)@.,=0^[N$JRB,'\DHF<=98)_=5G'\[/=^E(E'UM2A9<[X MHI2LN`7E5]K.XLVF$D!*31!-L/\==A^(%\\CHD,3V$0MW,I3&1[@%(K6+76P MZ!H8H+3]0G.679>),?%_.PU'\QD)DLI--N6O8!J1$LE5(OVAJ1.0`0SMR`"P MPM&4LHE5;]$!*JHGT-FJ:,Q[Y8J1_BK]UYT7DTS@_P]02P,$%`````@`#E'K0F[_ MMQFQ'@```2T"`!T`'`!C:S`P,#$Q-#$X,3DM,C`Q,S`V,CA?<')E+GAM;%54 M"0`#7+S>45R\WE%U>`L``00E#@``!#D!``#M76MSXS:6_;Y5^Q\\O5]V:\JQ M(%FRE>JDRI;;B3OMQUCJ1V9J*D5+D,PT1;I)RFWGUR]($11%$A`)7('`%+=F M*QW'?7!Q#@G<<_'@V[\='A[\@EWL6R&>'3R\'MBC_PV7_W=P>##RED_CJ7UP MY8;DOTY#^QF3G[G/V"?_3O[[8Q@^_7AT]/W[]Q^FY%>#J>WCP%OY4QQ$/S@X M//SY(/J___ZOMU$C(Q]'3?QX<.VY!^]7SD$'':#!CUWRO_[!Q\GHH-M!O?5? M(G_#L=VO#U:`#UZ6CAO\]";3V,N#[_S@^8NC;J?3.Z*_^&;]FS^^1#_8^OWO MO?BWT7`X/(K_:_JK@5WVBP06'7VY_C">/N*E=6B[06BYTZB!P/XQB'_XP9M: MH>VY%>(Z8/Y&]&^']-<.HQ\=HNYA#_WP$LS>_+QF[N#@K>\Y^![/#^+0?PQ? MG_!/;P)[^>1$$<4_>_3Q_*!AQV1ET3R.L_[GPIJLE=L,S M=_;.#>WP]_XR[L&;@PC_X_U5VI55\&"Y7R,%CRC*4?0[1UR8HY_!P[VW M@Z_W.%SY[GBU7%K^ZT?7L1ZP@V>?[,!>+=\]DU^Z\,ECZ5ZNW)E`3^JV0#H) MU,?HV9JM'#Q^M'S\Z#DS[%]B''2CWZ_1$2X,H"2TG3/775E.Q,7M4S1BV.[B MWX+][L:*_/?$M-WCR`CR+VNL)=(&/=T1'P3TH,?%" MRUD_P<&YY8_(8Q!&K1X+"\%&/((R+=*4"*N2`90=3 MQPM6/MX,*!M"2:$5`NR2<>,H*\/2'A?=\Y/M13%WR MSXB`[F$')=/5_Y2%5.Q;'BSN5^E?3=5Y(CD%Z4L\R7P@T6W%C5]"[,[PC$8> MX4G.8TF[I&7'FVXUYD1SON?3MN*)XJ!JN@HGU("=P"5H<4Q)25J8S?SL\RY_2ELD?MS0J)D7);QP]D0G-#0^G MC[:3RCOWO>4.QD.OO..>3Z;&G]YT?NB(4#G#]A_TJ\.AG/:DM=#RA$B54 MBH\(<;CA/U&,[F"'^,.U'>A%#W]!HO M'[!?-9W@@VR'I9!5SGL8T;JCZU)#P!;V*/IS]V1PVI>@M0#2&*T57LH"O44* M,L/"`0E^CGT?SSZLV6,&%T<68C_`\6^*S(SE80T@E!D8KC*YQPL[:M4-;ZPE`+VEJ(WE>+NY+6#7=+QA,:^L,.CHTN\2A09 M2-!A=@M5XW&@G(6$W('$.$"!W\WG.%[)@^5W&U;K<8#!1,+QB>`X,/&MF>TN MQJ_+!\^1YW4;3N=Q(-?QA,93H7%@*^&N]H!6K$K0QU)#$DLZG9`XS)+X]BA? M"5=0(:^[/BKI'PO-E=?3*QI)-IK0D]E6^74MV-;-AB^\I66[4$EP@E9WTFBT M%ELYQ`U"5=*XH17@VAKK]FQ1;SC%2T=/S=],1II#2WQ"*XX;P%]Q;!7`TB:*IZF?+^_[]CI8 M73)O'_YKNO7 M?UX3O!O+C_8D/V.HIY6-J_'`P"$C7_@7LYB;K>LCZVE]+$'>:!9!]1T.6"QL ME_XEN8WS/:@'F8^M[3BQ@Y+M90"!:2Y_A@'F>6;":LLSFPC9)0+.@1'0![QZ M.UIGS37HRJ\[",^:EYX7NEY(6H"=-4MP]9\UR\B@QJ4C375RZ`@TV1M8W/>'R0;GN"NY)WP;?5\;-AC>%=D[ZC7H@ MW*^%A4E9>,BF,)[C@Y)]#$+V9SM\O,E;7I?CS`JST"X2L!N;W]C%KL5`V5A#&4G>U!DCT,9IQG]C4`%JJ@L MIU"^8%].C`UORH3"LV5#D&EDY'@!29#WPWP!W)CGOT@+75R2<,-WGA_./ M89[C/)K&@T6AXY1(T6-0&4SP9)X#K/6#RR.$\BUR)"II&VZGCQ$UR*TN4_KZ MXO2!/Z8,4'U3-18+E-R!8((6X8*GQ`Q0O=GEI+_=$PEV@9/>4DB-9Z]R"BBQ M$K:.WL5VYL[NL!_?L^-.<>P?84;;"@UHF_16(8=J,!1/?S?0X",T'UM;XG=0 M0O>Q"5Z[E5$6G'`.L-:Y!H\02K?@HB>%AAU/#+`L-A#<.%F\%AEDVY`!K/6CP"*%LBUR(4:+B/A-F5@/:#B15R*'\ MGX(-*?MBW@A?SB&#,BVQ[36/#IZ65&C`F*>=DZ('US\-W, M4/:SER0JO6^&^QF+NO;`G"ME&A=I>+M->+M->+E-G\&@OEVDOEP$* MNKU<1ILGA#LXEH8N,'2TE]2S+ZF7O0@=0)7V@OK"!?4(1A7]NE^::6Q=:=1X M\&5C%-,*34'K2&Z]?#)3-F MF/QNYBEKQ%?O_,;B?_+%K84N`_EL-J[DS<>MT6Z-=FNT6Z/=&NW6:+=&NS7: MK=$V6I76:.MMM#G^H#SXRGG7M>5:B_BSW)'YC(SE61#@4#8U9,(VM05@I\-* MF&;S(3I@.?2MJ"O-1?2A-?MA%1/DSL;8?[:G&'4?$*A4E9MI;@*O*EYUQD3' M.4=LXB&QC;SED^>2/J+;\!'[M"=@,N[&;W!TJRI@!9+2\4Y8.9'ZS%XD,UBH M7?+TE,IS-OVVLDE+4?4PKJ&Z,W"QJK716/)35;B*5-'M5C(R"MY,`B>9F:\6 M1XZ^TK>*/!Z?+9M$<>O?8WOYL"(I?I08@>E3H0'=T\4J'-'[L94ECC:Q='FN7Q]KEL79YK%T>:Y?'VN6Q=GE,P1C%,@;9R.7, M1G(UM>>LENZ-M93-[7>`-S<7\"T6[P,$&6J`QBY9@QB%U4&@2B601NE#:0`: MNT!4Z<&KTC-0E9[XE2E5I M\)##Q`OI738!O;`I*MT>OY$S4EH7;[>N60.JW99CBEZ0TE9OV^IM6[UMJ[=M M];:MWK;5V[9ZVU9OV^IM6[W=_QC%<`:YP.MO"LU<&8J&0UD;78!K\F7@FJFM MCZIG^Y]^.F[8$;LQ-0!WR7*0 M`UA*!Z91.LA2.@"A]`26TA/3*#W)4BIX[7P.\A26TE/3*#W-4GH*0ND0EM*A M:90.LY0.Y2F-UJ8`*8WA3*)TW?_T"]`=`/?4[4CO3"G`&48IRE(*X)ZZT25Q MH)2:Y9[6_=]0"N">HF!A*37+/:W[OZ$4P#UUHV5^4$K-4@K@GZ2V$ MLNX)@;@G!.N>D&GN"67=$P)Q3PC6/2'3W!/*NB<$XIX0K'M"IKDGE'5/",0] M(5CWA$QS3RCKGA"(>T*P[@F9YIY0UCTA$/>$8-T3,LT]H:Q[0B#N"<&Z)V2: M>T)9]X1`W!."=4_(-/>$LNX)@;BG+JQ[ZIKFGKI9]]3-N*=F3K`5O\<>;%]` MUO\/_AIN2>^!CK+QD-N[R-K3;&`"MJ?9VM-L34U^[6DVC6)O3[.UI]G*'N-] MGV;3K_NE<]KV$U5_'L?^W/.7ECO%U]@*5CZ&F,7+087RPP(4R&3.A!6Q@7/R M`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`+I3M;WI5DJ5_$VWLHN%[::' M=M.#7FMX[::'=M-#N^FAW?2@,BMN-STT17U9E32[UT&B[/HKMF:VNP"KNE*\ MQM8;V!7E`IEIW^7W,]05X/;A3Z*V_8QA^"_`-?DL[U2@V'G1;"450)C_.]^. MREL3_!*>D]_^"B5$`;>Y8;VZ'D4R1!,/1R:#3.,9XZGGSO8A3PFROB,6EP_1 MC$-\[$H^2@DS6[UO1XP#U5K!Q-1ZT.&30 M;0)*!ZVX1O7H.:3I2XR#D06Q-8, M1)D3I2_+M?5B+U?+T6JY@D;/DJ7_JJUH>\869&C1+^ANB$S"2P3SM4ROL[DUKU;^=-'*\#! MGM[.FFTVN+F@JKQU6:066.90A:CB%TE[^Q^%*[5D@+K5&*.:BM@_C_()HM*)5S[D1]];]Q[;[C,.0CR[L)_M&79GT=+0UE(1L*CBS6MKW>6) MI0^#1)%%X$6^QS.\C/T3R=FC:#8_D"W7JMI2OQ)&\BAW@:%?##:NQO,9APPJCGC=14(9."WT7L[:ZC)E7**>(I@X MG$VGWLH-DZ?@+`AP*+OEC(>L[SS!Y8/J(U,6D18(6A:3Q,A\DU&A!-L%4(A\ MN0Q1VQ2XM/OI9;IJ%W>?<+1@XRZ2!1R@E1(FK+::L(F@PDB5#0"$@5HRX2'K M.W)Q^:`2R6R,J#^-N-8B/B<$`3O(,6&W?'#815!:U1CU;-HAV[F+_V9YB MU'U`H$)5;D9CKU*=*BJEN*&7D?'6']M+V['\&\_=JY`[&M)W>*S#%M52ID90 M5\V1MWSR7-)!%*<[=!`'$W$WOLY%G`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`[;O@M!>$LL)NHC):D+K-[(:250_ MA942SLH=L(AU6M+YC:S%&%54Z?Z/=*$B^]#]:I$P27](1+9K^:]IS!A'W_5Q M5IEOZ,BNC-9N5_\B@`"75'N59ULV,W]`*,2SB7>/YPZ>AB,R6V`HO\*&UU]( M-C-4KR:J.3=>./)(@TX26L3:Q0I/O/QH`R1@]?:T71,2H([>1*;VB$WJI:SE MDP-[3U\.4^L4B$$#U41]D2>)Y/PU^J+D/F391M9^:"SG@^JC\FC-=D#[NF"1 M#6^*5+S;%F7.W$"\4##G"'G(IJB4XX,*I/)JC-*`H,X3[@#7?R&620N52KR> M(B<4R"?52R&-$27W_?2^RJLS"G'TX*7H&29%;R.%>$T#0`K9[]>70IHEQ>9C M]7WEVT4R<4A_H;X4TB@I,I^C[XM7#R2S9&]ST]"^,V9^4[I7#"H21N_(;K)8 MD(UQ?VDUNQ4#I2S/M@=J+^_8&=Y^.*$0%F\67P!NKUR:Y'S17G2A$!9OJE\`;J]?&`0Q4WN7!CPK8#Y3` MFZI7QB8,9*[QD--K7VQ'K0*X,;Z[2`N5 M2ETQ9$S"#/'B%6;Q,(^FL12%CE/NU54_:`C@M0X.L-;KZSQ"Z%>E%)YTH>&D M9Q!'GCLEW?,A3J3O`#?@S6'10I52]^W5*&2XSPX;L15EJ\N4<8F*@@CEX.,6 M`U3?Y(O%`A5$9_`FBPP=)YGW^NUY1VI?=OQD.DY\ZBNVH">V[CV9CPLY+=!.('X]KRO^(PVF(,H$D>46LY"MVG2JC]Q.GZR0BOW&!% MVKO`3V2\)+_X2GX0VN$*XO-<%5K0?!;921#53IU_CR<(S=W:'_;GG M+RUWBB?6`]1IFPH-:"M,%7*H;&J_TY$)![P8PL?65JP=E%"=9'RXE$Y7;ORG MB*TKQUD%<3$S^&3YMO5@.W;X>CM?]T_6H8BUJ;.=%&212J[T2H=,K+=NO,/U MUO^``T!1MV%->!]S1%!=I,H!,L*?)!!S]. M&V:\8!R.J'XJ+U'(A'9G!>&%%U\*0%Y[F_P%?+DBO0)\V]A-:%U\J$92(M]0 M856"&A18JV;`)II"QRGYZM;^:0C@_HL#K/5;PB.$RJ-PHP`-)WE;DQMKQI:# M@P^>-9.=DW;"ZSL=[6:&RJ5R&\&9ZZXL9QTX3'&[#%%;NU3:?:J#VJ+%5BA0 M-6\&J+YO"8L%JHG*4P/96*Y(%A(_'A?RWV5@XVH\]W/(H-JHN^D@&PP:#F7/ M;Q3@M)[QBYVG`BC\/$8N"-D3A04XDQ38'!H<2A0!)!7HPBK0-4J![D8!"1LO MJ8#L*#8*`V.,QK(;!:0U$#V]&L!SB0-^AD- M5)[XSX4Q@-5@8)0&@XP&37EI$L8)K`8G1FEPDM%`Y2;\7!BGL!J<&J7!:4:# MIGPS"6,(J\'0*`V&&0U4GJ#/AD$`(1UR#&>,!NO.IQJH7$O/A0'ID6,XDS1` M&0U4?EX@%P:D2X[A3-*@F]%`Y6IW+@Q(GQS#F:1!QB>CIGPR`83TR3&<21ID M?#)JRB<30$B?',.9I$'&)Z.F?#(!A/3),9Q)&F1\,FK*)Q-`2)\CYGRR]$V`!3B#-,A<]H=0 M634<8G=YOSR0C6 M)R.C?#+*^.1NCC$_N-N>3$:Q/1D;Y9)3QR=WF?'(7UB=WC?+)W8Q/ M[JKTR?0$$?BUGQQ@K77A$9(JI-)%TX"`KP%EPFI[KHI-1*J+NHO;:##WV`H\ M=XRC]"RX]/P[ZQ@MOX[!G5^Z=[P5/I#_25YC6:TOCDV`U M24N%E2@AU-4UNO=FXD6GT]9!QLU)ZE>.J?5[R:`A541E08$^-?F8`,Y3.2DLJD[2,X/:Z]ZF9#BL6A)E5)X MXOR#]WT_`R`'6.OLCD=(*E`3U8_2P`#'/S:^"AYU4-9E=!\"Z[5,S_:!9>N_%1K0=B2L0DXJFWBEHJYF<0`WW@6>K:814Y>> M?XEQD'QQ-YA8+UCVG:O4A-898C624O54[JO(/U8?23R)V[C$)![+N9=/&"LV M8M)DQ^(I%5&JY"$M8WRQI8.?+3><>.3YND@B`1:2V8S&GKHZ5:F6$AL\9(6\ M=7&\JG,[/YN3U)?$-W[TOLNZ@:JM&#,;,FE*-12OD,A*2(9YQW+7S"7!Q2.' M#RPBNQVM)\<:=*5BJJRF%,:+/7YQB-6`,>\AY_9K=*QNITD^K'1CTGIG1/D7 M=>@"NIJ]*$I"-&@:WH]$]-GK*_PL`;-G^QHPRK<+&B9[R8#15_[@WGPVL=1[%(R252.FQF9*`P.[3YV)K._KM MH"252=U^EI*((-9RF;`F29-;P^V+EW0`5(EV/\E?7?=M93]; M#NGDGB0J:4/?!*,B1ZEZ2H_>3!YM/WR%32O*,;5.)A@TI)JHO#`D%PM4XL"$ MU7:D8Q.1ZJ)NC\AV,!"I01FB(5KDTP#QW1UR,H`J8`KY&=[5[<](0P"?WGG( M^D[J7#ZH/B6[5Q8H?5&K-3$YD[P"2D!%#RND%ZN`5#RRH%I.WCD.TT?3AHQXQ%[>Q2! M/%@!CO_U_P%02P,$%`````@`#E'K0CI#'DOX!0``^QP``!D`'`!C:S`P,#$Q M-#$X,3DM,C`Q,S`V,C@N>'-D550)``-475X"P`!!"4.```$.0$` M`.U9ZV_B.!#_?M+]#SX^W:E*D_`L:$%JH?2@KUT>W797J\HD#GB;.*D?$+K: M__WL/"@!2NE==[4Z%55JL&=^,^/?C&,/[_[0-'"""**0(QN,Y@`W_^3>7T`# M3=\+^A8&'<+EK,7Q%,DQ,D54?I?S$\Z#FJ[/9K-]2XHR"U/$?$$MQ-0`T+0& M4)_??WNGC#0I4B9JX-PGH"M<8)C`+-?R\J\$AH,FR!MF(5:2&B&K,6N"/`A" MSR6L%HZHB^NY)9MJ9-^G8SUO&`4=$\8AL5`.<$C'B%]`#[$`6FBA(]@(DCOE MF:XL&>7\02X%9QGD62'%-?7K\[-^Y$K1;"JZ)IE=>S4]@DRN/7*1APAO^]1K(0<*E]=S]P*Z MV,'(SBU1:?.LJPE628\G-9#09#P),'+^1CLE1Y4HM M]:>''!#%45-K4,\Q[`6N]#(>FU#DU'/+#&DI';C-[R M+:$VC4-B'Q..^;PC:YIZD;DD$3VOYG<"D8ALU\TFSZKF,X97F%G17C"C9ZAI@-!ZD\R&)]C%D7V&&A7<\E4(M*H\.I"V(G>7SIM3E_`TJ$\5T)79?9EH([ZF(R/PP`1 M%O.1SS+VK/3SE9C/DA@6]/GC^57QR^=K*Q#A#2E5 M[8?*='PS)\.6F)U4:+5RFO\Z',R96YE:#X;;Y7N]\X]M_<";G8ZOB=WMFOWN M?.J-3Z>A.'-.PCDL%/&@71&F.#COYST^%OVBT[D@0=,UOOJ&<5HZORHYX_:1 MF#A[@_NV?<3'K4NW$^K<*CX,*Q:I7A4^#KVYT[QX,(H?8`'!?J4[O0C\V:>" M;7>N>UW[IF=._/?7O.#<5_)E?'5F-@DT:.?HOK`W&(7WU\5.LWQH3:B.3WK] MHZ&`_H<+;G7Y\26<73CNWY\N@.^5N(G*78<0G7"&E!(6.!+ME2.%K)9OUUT];3PQJUEE<;BQMTK M`@4)*O@L<4$$_&4#E6],;F1R*K?^<<)1LI#90BNML+F#P@Y'B=(*GS%JRFO* MZ'/5^5:?*Y<`S"S79X*BQY-\"W&(W1;D\#CN!;%M%X'_`+!3'9?5?6!A9.5& M$%L"RA3XEAI[NQ2HB4QS+>[#Z6N-N$5_#GN!3SD@:RW7;6W:N+M[YEL1WA85 M]4U+]30UI)EYK6#NA\R.>A#_P@T5>-P%>9D;J=ZKN%&-JXB@L>J+[^:*2VE& M2XOZNM(1L[QP9`=7MG6NGW!CDXK\KSVJOL2!'3K;NRS'LN9%K+AY118>)1WJ MR*5Z;JT#<3AB7/W6D0-Q8R[ZV:$FQ^1UI<.1IPHE!V`B5<]Q*E0K+9*2UQKL MVX-(SQ8T:6`1[+IPI)ILL2P34AESH69/J"^"U`B6\/&VN-SYNWW:Q>6DRX:% MB8W"V_[[VY)AW';4EW/DC1!-HXI_9JC9O@GP^JK#D_1 M-/,'OUXX:[XEO>WU*)I**U\I'Y1^O2C6?'L^BO(O'$5Y.8KH#19O*O%+[1]0 M2P$"'@,4````"``.4>M"PA*!XHDM``#R$@$`&0`8```````!````I($````` M8VLP,#`Q,30Q.#$Y+3(P,3,P-C(X+GAM;%54!0`#7+S>475X"P`!!"4.```$ M.0$``%!+`0(>`Q0````(``Y1ZT)BT&G^X0,```$4```=`!@```````$```"D M@=PM``!C:S`P,#$Q-#$X,3DM,C`Q,S`V,CA?8V%L+GAM;%54!0`#7+S>475X M"P`!!"4.```$.0$``%!+`0(>`Q0````(``Y1ZT+J\N?`MQP``.3W`0`=`!@` M``````$```"D@10R``!C:S`P,#$Q-#$X,3DM,C`Q,S`V,CA?9&5F+GAM;%54 M!0`#7+S>475X"P`!!"4.```$.0$``%!+`0(>`Q0````(``Y1ZT(;J8GD=2H` M`+W#`@`=`!@```````$```"D@2)/``!C:S`P,#$Q-#$X,3DM,C`Q,S`V,CA? M;&%B+GAM;%54!0`#7+S>475X"P`!!"4.```$.0$``%!+`0(>`Q0````(``Y1 MZT)N_[<9L1X```$M`@`=`!@```````$```"D@>YY``!C:S`P,#$Q-#$X,3DM M,C`Q,S`V,CA?<')E+GAM;%54!0`#7+S>475X"P`!!"4.```$.0$``%!+`0(> M`Q0````(``Y1ZT(Z0QY+^`4``/L<```9`!@```````$```"D@?:8``!C:S`P M,#$Q-#$X,3DM,C`Q,S`V,C@N>'-D550%``- XML 12 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Visium Event Driven Fund
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock
The Visium Event Driven Fund (the “Fund”) seeks to achieve capital growth while maintaining a low correlation to the U.S. equity markets.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2016-07-01
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_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 generate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.  These transaction costs and potentially higher taxes, which are not reflected in the annual fund operating expenses or in the Example, affect the Fund’s performance.
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Other expenses are based on estimated amounts for the Fund's current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the costs 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.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
The Fund pursues its investment objective by employing an event-driven investment approach targeting the equity and fixed income securities of companies that the Adviser believes will be impacted by pending or anticipated corporate events.  Such corporate events include, but are not limited to, mergers, acquisitions, spin-offs, bankruptcy restructurings, stock buybacks, industry consolidations, large capital expenditure programs, significant management changes, self-liquidations or other similar events.

The types of equity securities in which the Fund may invest on a long and short basis include, but are not limited to, common and preferred stocks of all market capitalizations, rights, warrants and other investment companies, including exchange-traded funds (“ETFs”).  The Fund may invest in equity securities of foreign issuers (including issuers located in emerging markets), and may invest in foreign securities in the form of depositary receipts.  The Fund may also invest in securities issued in initial public offerings (“IPOs”).

The types of fixed income securities in which the Fund may invest include securities of U.S. and foreign issuers (including issuers located in emerging markets).  “Fixed income securities” include, but are not limited to, corporate bonds, convertible bonds and obligations of the U.S. Government.  The fixed income securities in which the Fund invests may be of varying maturities and may include those that are rated below investment grade (i.e., “junk bonds”).

The Fund may also invest in derivative instruments, specifically futures contracts, options, total return swaps and currency-linked derivatives, such as forward foreign currency contracts, as a substitute for making direct investments in the underlying instruments or to reduce exposure to, or “hedge,” against market volatilities and other risks.  The Fund may use a derivative investment rather than investing directly in an underlying asset class as a low-cost, effective means to gain exposure to the asset class.

In selecting the Fund’s investments, the Adviser employs both qualitative and quantitative analysis to identify attractive opportunities involving companies with pending corporate events as well as companies that might become involved in corporate events.  The Fund generally holds positions until the completion of the corporate event.  However, a position may be sold prior to the completion of the event when the company involved no longer meets the Fund’s expected return requirements as determined by the Adviser.  The Adviser expects that the Fund’s active or frequent trading of portfolio securities may result in a portfolio turnover rate in excess of 100% on an annual basis.
Risk [Heading] rr_RiskHeading Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
Before investing in the Fund, you should carefully consider your own investment goals, the amount of time you are willing to leave your money invested, and the amount of risk you are willing to take.  Remember, in addition to possibly not achieving your investment goals, you could lose all or a portion of your investment in the Fund over long or even short periods of time.  The principal risks of investing in the Fund are:

·  
General Market Risk.  The value of the Fund’s shares may fluctuate based on the performance of the Fund’s investments and other factors affecting the securities markets generally.

·  
New Fund Risk.  There can be no assurance that the Fund will grow to or maintain an economically viable size.

·  
Management Risk.  The Adviser’s judgments about the attractiveness, value and potential appreciation of the Fund’s investments may prove to be incorrect and that the investment strategies employed by the Adviser in selecting investments for the Fund may not result in an increase in the value of your investment or in overall performance equal to other similar investment vehicles having similar investment strategies.

·  
Event Driven Risk.  Investments in companies that the Adviser expects will be involved in a corporate event carry the risk that the expected event or transaction may not be completed or may be completed on less favorable terms than originally expected, which may lower the Fund’s performance.

·  
Equity Risk. Common stocks are susceptible to general stock market fluctuations and to volatile increases and decreases in value as market confidence in and perceptions of their issuers change.  Preferred stocks are subject to the risk that the dividend on the stock may be changed or omitted by the issuer, and that participation in the growth of an issuer may be limited.

·  
Convertible Securities Risk.  The market value of a convertible security will perform the same as a regular fixed-income security; that is, if market interest rates rise, the value of the convertible security falls.  In the event of a liquidation of the issuing company, holders of convertible securities generally would be paid after the company’s creditors but before the company’s common shareholders.  Consequently, an issuer’s convertible securities generally may be viewed as having more risk than its debt securities but less risk than its common stock.

·  
Micro, Small and Medium Capitalization Companies Risk.  Investing in securities of micro, small and medium capitalization companies may involve greater volatility than investing in larger and more established companies because micro, small and medium capitalization companies can be subject to more abrupt or erratic share price changes than larger, more established companies.

·  
Large-Cap Company Risk.  Larger, more established companies may be unable to respond quickly to new competitive challenges such as changes in consumer tastes or innovative smaller competitors.  Also, large-cap companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion.

·  
Fixed Income Securities Risks.  Interest rates may go up resulting in a decrease in the value of the fixed income securities held by the Fund.  Fixed income securities are subject to credit risk, or the risk that an issuer will not make timely payments of principal and interest.  There is also the risk that an issuer may “call,” or repay, its high yielding bonds before their maturity dates.  Fixed income securities subject to prepayment can offer less potential for gains during a declining interest rate environment and similar or greater potential for loss in a rising interest rate environment.  Limited trading opportunities for certain fixed income securities may make it more difficult to sell or buy a security at a favorable price or time.

·  
High-Yield Fixed Income Securities (Junk Bond) Risk.  The fixed income securities held by the Fund that are rated below investment grade are subject to additional risk factors such as increased possibility of default, illiquidity of the security, and changes in value based on public perception of the issuer.  Such securities are generally considered speculative because they present a greater risk of loss, including default, than higher quality debt securities.

·  
Derivatives Risk.  Derivatives, including futures, options, swaps and forward foreign currency contracts, may be more volatile than investments directly in the underlying securities, involve additional costs and may involve a small initial investment relative to the risk assumed.  In addition, the value of a derivative may not correlate perfectly to the underlying financial asset, index or other investment or overall securities markets.  Specific types of derivative securities are also subject to a number of additional risks, such as:

o  
Options and Futures Risk.  Options and futures contracts may be more volatile than investments directly in the underlying securities, involve additional costs and may involve a small initial investment relative to the risk assumed.

o  
Swap Agreement Risk.  A swap contract may not be assigned without the consent of the counterparty, and may result in losses in the event of a default or bankruptcy of the counterparty.

o  
Liquidity Risk.  The Fund may not be able to sell or close out a derivative instrument.

o  
Interest Rate Risk.  Underlying investments may lose value due to interest rate changes.

o  
Credit Risk.  Underlying investments may lose value due to borrowers defaulting or failing to pay back debt.

·  
Short Sales Risk.  The risk of loss if the value of a security sold short increases prior to the delivery date, since the Fund must pay more for the security than it received from the purchaser in the short sale.  Therefore, the risk of loss may be unlimited.

·  
Foreign and Emerging Market Securities Risk.  Investments in foreign companies involve certain risks not generally associated with investments in the securities of U.S. companies, including changes in currency exchange rates, unstable political, social and economic conditions, a lack of adequate or accurate company information, differences in the way securities markets operate, less secure international banks or securities depositories than those in the U.S. and foreign controls on investment. In addition, individual international country economies may differ favorably or unfavorably from the U.S. economy in such respects as growth of gross domestic product, rates of inflation, capital reinvestment, resources, self-sufficiency and balance of payments position.  The Fund may invest in emerging market countries, which can involve higher degrees of risk as compared with developed economies.

·  
Currency and Forward Currency Contracts Risks.  Changes in foreign currency exchange rates will affect the value of what the Fund owns and the Fund’s share price.  Generally, when the U.S. dollar rises in value against a foreign currency, an investment in that foreign currency loses value because it is worth fewer U.S. dollars.  The foreign currency exchange market can be highly volatile for a variety of reasons.  For example, devaluation of a currency by a country’s government or banking authority also will have a significant impact on the value of any investments denominated in that currency. Currency markets generally are not as regulated as securities markets.  Investments in forward currency contracts could minimize the risk of loss due to a decline in the value of the hedged currency, but may also limit any potential gain from an increase in the value of the currency.

·  
Investment Company and Exchange-Traded Fund Risk.  When the Fund invests in other investment companies, including ETFs, it will bear additional expenses based on its pro rata share of the other investment company’s or ETF’s operating expenses, including the potential duplication of management fees.  The risk of owning an ETF generally reflects the risks of owning the underlying investments the ETF holds.  The Fund also will incur brokerage costs when it purchases and sells ETFs.

·  
Initial Public Offering Risk.  The Fund may purchase securities of companies that are offered in 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.  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.

·  
High Portfolio Turnover Rate Risk.  The Fund may have a relatively high turnover rate in comparison to many mutual funds.  A high portfolio turnover rate (100% or more) has the potential to result in increased brokerage transaction costs which may lower the Fund’s returns.  Furthermore, a high portfolio turnover rate may result in the realization by the Fund, and distribution to shareholders, of a greater amount of short-term capital gains than if the Fund had a low portfolio turnover rate.  Distributions to shareholders of short-term capital gains are taxed as ordinary income under federal income tax laws.  This could result in a higher tax liability and may lower your after-tax return.
Risk Lose Money [Text] rr_RiskLoseMoney Remember, in addition to possibly not achieving your investment goals, you could lose all or a portion of your investment in the Fund over long or even short periods of time
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock
The accompanying bar chart and table provide some indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year-to-year and how the Fund’s average annual total returns for 1, 5 and 10 years and since January 1, 2001 compare with those of a broad measure of market performance.  Updated performance information is available at www.visiummutualfunds.com or by calling the Fund toll-free at 1-855-9VISIUM. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.

Immediately prior to the commencement of the Fund’s operations, which is expected to occur on July 31, 2013, the Visium Catalyst Event Driven Fund, LP, a limited partnership managed by the Adviser on a fully discretionary basis, converted into the Fund by transferring all of its assets to the Fund in exchange for shares of the Fund (the “Conversion”).  From its inception through December 31, 2005, Visium Catalyst Event Driven Fund, LP maintained an actively managed portfolio pursuant to an investment objective and policies that were, in all material respects, equivalent to those of the Fund.  From January 1, 2006, until the time of the Conversion, the sole investment of the Visium Catalyst Event Driven Fund, LP was its shareholder interest in Visium Catalyst Event Driven Master Fund, Ltd., a master fund whose investment objective and policies were, in all material respects, also equivalent to those of the Fund.  Visium Catalyst Event Driven Fund, LP and Visium Catalyst Event Driven Master Fund, Ltd. are referred to collectively below as the “Predecessor Partnership.”

At the time of the Conversion the Predecessor Partnership’s investment portfolio was managed by the same team of portfolio managers who manage the Fund’s investment portfolio.  From January 1, 2001, through the Conversion, the Fund’s portfolio managers served as the portfolio managers of the Predecessor Partnership.  Prior to January 1, 2001, the Fund’s portfolio managers participated in the management of the Predecessor Partnership’s portfolio, serving as assistant portfolio managers and/or research analysts from the Predecessor Partnership’s inception on May 1, 1995.

The Fund’s performance for periods before the Conversion is that of the Predecessor Partnership and includes the expenses of the Predecessor Partnership.  The performance includes gains and losses plus income and reinvestment of dividends and interest.  All returns reflect the deduction of all actual fees and expenses, including management fees, administration fees, legal fees, organizational expenses, interest on margin accounts and other indebtedness, borrowing charges on securities sold short, directors’ fees, audit expenses, brokerage commissions and execution costs paid by the Predecessor Partnership, without provision for state or local taxes.  Custodial fees, if any, were included in the Predecessor Partnership’s management fee.  The Predecessor Partnership also charged a 20% performance fee.  However, this 20% performance fee was also subject to a high water mark limitation.  The Fund does not charge a performance fee, nor is its fee subject to a high water mark limitation.  If the annual returns set forth below did not reflect the performance fee for the years the Predecessor Partnership charged a performance fee, the returns shown would have been higher.  

The financial statements for the Predecessor Partnership were audited for all years that the Predecessor Partnership was in existence (i.e., from its inception on May 1, 1995 to the date of the Conversion).  The performance returns of the Predecessor Partnership are unaudited and are calculated by the Adviser on a total return basis, including gains or losses plus income, after deducting all fees and expenses incurred, and include reinvested distributions.  The Predecessor Partnership was not registered under the Investment Company Act of 1940, as amended (the “1940 Act”) and was not subject to certain investment limitations, diversification requirements and other restrictions imposed by the 1940 Act and the Internal Revenue Code of 1986, as amended, which, if applicable, may have adversely affected its performance.

The Fund’s performance prior to the Conversion is that of the Predecessor Partnership and should not be considered indicative of the Fund’s future performance.  After the Conversion, the Fund’s performance will be calculated using the standard formula set forth in rules promulgated by the SEC, which differs in certain respects from the methods used to compute total return for the Predecessor Partnership.  The Adviser is also a subadviser to two investment companies registered under the 1940 Act.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The accompanying bar chart and table provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and how the Fund's average annual total returns for 1, 5 and 10 years and since January 1, 2001 compare with those of a broad measure of market performance.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Immediately prior to the commencement of the Fund's operations, which is expected to occur on July 31, 2013, the Visium Catalyst Event Driven Fund, LP, a limited partnership managed by the Adviser on a fully discretionary basis, converted into the Fund by transferring all of its assets to the Fund in exchange for shares of the Fund (the "Conversion").
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-855-9VISIUM
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.visiummutualfunds.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Predecessor Partnership Calendar Year Returns as of December 31
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads If the annual returns set forth below did not reflect the performance fee for the years the Predecessor Partnership charged a performance fee, the returns shown would have been higher.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the 10 year period shown in the bar chart, the best performance for a quarter was 13.48% (for the quarter ended June 30, 2003).  The worst performance was -17.39% (for the quarter ended September 30, 2008).
Bar Chart, Returns for Class Not Offered in Prospectus [Text] rr_BarChartReturnsForClassNotOfferedInProspectus The Fund's performance for periods before the Conversion is that of the Predecessor Partnership and includes the expenses of the Predecessor Partnership.
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best performance
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2003
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 13.48%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst performance
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (17.39%)
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes (reflects no deduction for fees, expenses or taxes)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on your situation and may differ from those shown. Furthermore, the after-tax returns shown are not relevant to those who hold their shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts ("IRAs").
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.  Actual after-tax returns depend on your situation and may differ from those shown.  Furthermore, the after-tax returns shown are not relevant to those who hold their shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts (“IRAs”).  Prior to July 31, 2013, the Fund was an unregistered partnership that did not qualify as a regulated investment company for federal income tax purposes and did not pay dividends and distributions.  As a result of the different tax treatment, the Fund is unable to show after-tax returns for periods prior to July 31, 2013.
Caption rr_AverageAnnualReturnCaption Average Annual Total Returns (Periods Ended December 31, 2012)
S&P 500® Index
 
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel S&P 500® Index
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 16.00%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.66%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 7.10%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.61%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jan. 01, 2001
Visium Event Driven Fund - Institutional Class
 
Risk/Return: rr_RiskReturnAbstract  
Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
Management Fees rr_ManagementFeesOverAssets 1.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Shareholder Servicing Plan Fee rr_Component1OtherExpensesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.82% [1]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.04%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.21%
Less: Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.42%)
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.79% [2]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 182
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 563
Annual Return 2003 rr_AnnualReturn2003 28.22%
Annual Return 2004 rr_AnnualReturn2004 16.15%
Annual Return 2005 rr_AnnualReturn2005 7.70%
Annual Return 2006 rr_AnnualReturn2006 3.96%
Annual Return 2007 rr_AnnualReturn2007 5.61%
Annual Return 2008 rr_AnnualReturn2008 (26.38%)
Annual Return 2009 rr_AnnualReturn2009 26.59%
Annual Return 2010 rr_AnnualReturn2010 5.61%
Annual Return 2011 rr_AnnualReturn2011 (5.08%)
Annual Return 2012 rr_AnnualReturn2012 2.15%
Label rr_AverageAnnualReturnLabel Return Before Taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 2.15%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (0.93%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 5.33%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 3.47%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jan. 01, 2001
Visium Event Driven Fund - Institutional Class | After Taxes on Distributions
 
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions
Visium Event Driven Fund - Institutional Class | After Taxes on Distributions and Sale of Fund Shares
 
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions and Sale of Fund Shares
Visium Event Driven Fund - Investor Class
 
Risk/Return: rr_RiskReturnAbstract  
Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
Management Fees rr_ManagementFeesOverAssets 1.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Shareholder Servicing Plan Fee rr_Component1OtherExpensesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.82% [1]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.04%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.46%
Less: Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.42%)
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 2.04% [2]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 207
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 $ 640
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jan. 01, 2001
[1] Other expenses are based on estimated amounts for the Fund's current fiscal year.
[2] Pursuant to an operating expense limitation agreement between Visium Asset Management, LP, the Fund's investment adviser, (the "Adviser"), and the Fund, the Adviser has agreed to waive its management fees and/or reimburse Fund expenses to ensure that Total Annual Fund Operating Expenses (exclusive of interest, acquired fund fees and expenses, leverage and tax expenses, dividends and interest expenses on short positions, brokerage commissions, and extraordinary expenses) do not exceed 1.75% and 2.00% of the Fund's average daily net assets for Institutional Class shares and Investor Class shares, respectively, through at least July 1, 2016. The operating expense limitation agreement can be terminated only by, or with the consent of, the Trust's Board of Trustees (the "Board of Trustees"). The Adviser is permitted to be reimbursed for management fee reductions and/or expense payments made in the prior three fiscal years, subject to the limitations on Fund expenses described herein.