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<p style="margin: 0">Investment Objective</p>
<p style="margin: 0">Investment Objective</p>
<p style="margin: 0">Investment Objective</p>
<p style="margin: 0">The Conestoga Small Cap Fund seeks to provide long-term growth of capital.</p>
<p style="margin: 0">The Institutional Advisors LargeCap Fund seeks to provide long-term
growth of capital.</p>
<p style="margin: 0">The Conestoga SMid Cap Fund seeks to provide long-term growth of
capital.</p>
<p style="margin: 0">Fees and Expenses of the Fund</p>
<p style="margin: 0">Fees and Expenses of the Fund</p>
<p style="margin: 0">Fees and Expenses of the Fund</p>
<p style="margin: 0">This table describes the fees and expenses that you may pay if you buy and hold shares of the Conestoga Small
Cap Fund:</p>
<p style="margin: 0; text-align: justify">This table describes the fees and expenses
that you may pay if you buy and hold shares of the Institutional Advisors LargeCap Fund.</p>
<p style="margin: 0">This table describes the fees and expenses that you may pay if you buy and hold shares of the Conestoga SMid
Cap Fund:</p>
<p style="margin: 0">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investments)</p>
<p style="margin: 0">Annual Fund Operating Expenses<br />
(expenses that you pay each year as a percentage of the value of your investment)</p>
<p style="margin: 0">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investments</p>
<p style="margin: 0">Example</p>
<p style="margin: 0">Example</p>
<p style="margin: 0">Example</p>
<p style="margin: 0">This Example is intended to help you compare the cost of investing in the Conestoga Small Cap 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 (the Example for one year reflects the contractual expense limitation described above; the amounts for the other years
reflect the Fund’s gross expenses) and then redeem all of your shares at the end of those periods. The Example also assumes
that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual
costs may be higher or lower, under these assumptions, your costs would be:</p>
<p style="margin: 0"> </p>
<p style="margin: 0">This example is intended to help you compare the cost of investing in the Institutional Advisors LargeCap
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 (the Example for one year reflects the contractual expense limitation described above; the amounts
for the other years reflect the Fund’s gross expenses).  The Example also assumes that your investment has a 5%
return each year and that the Fund’s operating expenses remain the same.  Although your actual costs may be higher
or lower, under these assumptions, your costs would be:</p>
<p style="margin: 0">This Example is intended to help you compare the cost of investing
in the Conestoga SMid Cap 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 (the Example for one year reflects the contractual expense limitation described
above; the amounts for the other years reflect the Fund’s gross expenses) and then redeem all of your shares at the end of
those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses
remain the same. Although your actual costs may be higher or lower, under these assumptions, your costs would be:</p>
<p style="margin: 0">Portfolio Turnover</p>
<p style="margin: 0; text-align: justify">Portfolio Turnover</p>
<p style="margin: 0">Portfolio Turnover</p>
<p style="margin: 0">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 and may result in
higher taxes when Fund shares are held in a taxable account.  These costs, which are not reflected in annual fund operating
expenses or in the example, affect the Fund’s performance.  During the most recent fiscal year (ended September
30, 2014) the Fund’s portfolio turnover rate was 18.13% of the average value of its portfolio.</p>
<p style="margin: 0; text-align: justify">The Fund pays transaction costs, such as commissions,
when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover may indicate higher
transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not
reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal
year, the Fund’s portfolio turnover rate was 19.52% of the average portfolio value.</p>
<p style="margin: 0">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 and may result in higher taxes when Fund shares are held in a taxable account.  These costs, which are not
reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal
period (ended September 30, 2014), the Fund’s portfolio turnover rate was 9.60% of the average value of its portfolio.</p>
<p style="margin: 0">Principal Investment Strategies</p>
<p style="margin: 0">Principal Investment Strategies</p>
<p style="margin: 0">Principal Investment Strategies</p>
<p style="margin: 0">Under normal market circumstances, the Fund invests at least 80% of its net assets in equity securities of
small-cap companies. Equity securities include American depositary receipts (“ADRs”), convertible securities, foreign
and domestic common and preferred stocks, rights and warrants. While there is no limit on investing in foreign securities, the
Fund doesn’t expect investments in foreign securities to exceed 20% of the Fund’s total assets. “Small-cap companies”
are companies that, at the time of purchase, have market capitalizations of up to $2.5 billion. The Fund will not change this
policy unless it notifies shareholders at least 60 days in advance. For purposes of this policy, “net assets” includes
any borrowings for investment purposes. The Adviser follows an investment style sometimes called “GARP” or “Growth
At a Reasonable Price.” The Adviser generally invests the Fund’s assets in small-cap companies with expected earnings
growth that exceed that of the average of all U.S. publicly traded companies, where valuations seem reasonable compared to the
expected earnings growth, where fundamental financial characteristics appear to be strong, where (in the Adviser’s opinion)
the business model offers sustainable competitive advantage, and where management has an important ownership stake in the company.
The Adviser uses a bottom-up approach in selecting securities. There is no guarantee that the Fund will achieve its objective.</p>
<p style="margin: 0; text-align: justify">Under normal market conditions, the Fund invests
at least 80% of its net assets in the equity securities of large-capitalization companies (generally, companies in the $5 billion
and more capitalization range of the Standard & Poor’s 500 Index (“S&P 500 Index”)). The Fund will not
change this policy unless it notifies shareholders at least 60 days in advance. Equity securities include convertible securities
and domestic common stocks, among other things.</p>
<p style="margin: 0; text-align: justify"> </p>
<p style="margin: 0; text-align: justify">The Adviser’s style can best be described
as a long-term, disciplined investment approach aimed at providing clients with strong returns, but which is absent of leverage,
aggressive or untested techniques, and market timing. The Adviser focuses on providing superior investment performance along with
reduced volatility, offering disciplined proprietary investment strategies, while maintaining broad sector and portfolio diversification. </p>
<p style="margin: 0">Under normal market circumstances, the Fund invests at least 80%
of its net assets in equity securities of small-to-mid (“smid”) capitalization companies. Equity securities include
American depositary receipts (“ADRs”), convertible securities, foreign and domestic common and preferred stocks, rights
and warrants. While there is no limit on investing in foreign securities, the Fund doesn’t expect investment in foreign securities
to exceed 20% of the Fund’s total assets. “Small and Mid-cap companies” are companies that, at the time of initial
purchase, have market capitalizations between $250 million and $12 billion. The Fund will not change this policy unless it notifies
shareholders at least 60 days in advance. For purposes of this policy, “net assets” includes any borrowings for investment
purposes. The Adviser follows an investment style sometimes called “GARP” or “Growth At a Reasonable Price.”
The Adviser generally invests the Fund’s assets in Small and Mid-cap companies with expected earnings growth that exceed
that of the average of all U.S. publicly traded companies, where valuations seem reasonable compared to the expected earnings growth,
where fundamental financial characteristics appear to be strong, where (in the Adviser’s opinion) the business model offers
sustainable competitive advantage, and where management has an important ownership stake in the company. The Adviser uses a bottom-up
approach in selecting securities.</p>
<p style="margin: 0">Principal Risks</p>
<p style="margin: 0">Principal Risks</p>
<p style="margin: 0">Principal Risks</p>
<p style="margin: 0">You may lose money by investing in the Fund. The Fund is subject to the following principal risks, more fully
described in “Risks Factors” in this prospectus. The Fund’s net asset value and total return may be adversely
affected for a number of reasons, including, without limitation, if any of the following occurs:</p>
<p style="margin: 0"> </p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>The market values of securities acquired by the Fund decline;</td></tr></table>
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<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>The Adviser does
not execute the Fund’s principal investment strategies effectively;</td></tr></table>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>A security’s
price fluctuates in response to events affecting the issuer’s profitability or
viability;</td></tr></table>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>Smaller, less
seasoned companies lose market share or profits to a greater extent than larger, established
companies in times of deteriorating economic conditions;</td></tr></table>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>A company’s
earnings do not increase as expected;</td></tr></table>
<p style="margin: 0"> </p>
<p style="margin: 0">Foreign securities markets may be more volatile and subject to less governmental supervision than their counterparts
in the U.S. Foreign securities are subject to fluctuations in currency exchange rates.</p>
<p style="margin: 0"> </p>
<p style="margin: 0">By itself, the Fund does not constitute a complete investment plan and should be considered a long-term investment
for investors who can afford to weather changes in the value of their investment.</p>
<p style="margin: 0; text-align: justify">You may lose money by investing in the Fund. The Fund is subject to the following principal
risks, more fully described in the section of this prospectus entitled “Risk Factors”. The Fund’s net asset
value and total returns may be adversely affected if any of the following occurs:</p>
<p style="margin: 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>The market values
of securities acquired by the Fund decline.</td></tr></table>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>Large capitalization
securities underperform other segments of the equity market or equity markets as a whole.</td></tr></table>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>The Adviser does
not execute the Fund’s principal investment strategies effectively.</td></tr></table>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>Security prices
fluctuate in response to events affecting an issuer’s profitability or viability.</td></tr></table>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>There is no assurance
that large companies can withstand serious deterioration during periods of severe economic
distress.</td></tr></table>
<p style="margin: 6pt 0 0">An investment in the Fund is not a deposit of National Penn Bank or any of its affiliates and is not
insured or guaranteed by the FDIC or any other government agency.</p>
<p style="margin: 0"> </p>
<p style="margin: 0">By itself, the Fund does not constitute a complete investment plan and should be considered a long-term investment
for investors who can afford to weather changes in the value of their investment.</p>
<p style="margin: 0">You may lose money by investing in the Fund and there is no guarantee that the Fund will achieve its objective.
The Fund is subject to the following principal risks, more fully described in “Risk Factors” in this prospectus. The
Fund’s net asset value and total return may be adversely affected for a number of reasons, including, without limitation,
if any of the following occurs:</p>
<p style="margin: 0"> </p>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>The market values
of securities acquired by the Fund decline;</td></tr></table>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>The Adviser does
not execute the Fund’s principal investment strategies effectively;</td></tr></table>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>A security’s
price fluctuates in response to events affecting the issuer’s profitability or
viability;</td></tr></table>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>A company’s
earnings do not increase as expected;</td></tr></table>
<table cellpadding="0" cellspacing="0" style="width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">·</td><td>Small and Mid
capitalization companies the Fund invests in may be more vulnerable to adverse business
or economic events than larger, more established companies;</td></tr></table>
<p style="margin: 0"> </p>
<p style="margin: 0">Foreign securities markets may be more volatile and subject to less governmental supervision than their counterparts
in the U.S. Foreign securities are subject to fluctuations in currency exchange rates.</p>
<p style="margin: 0"> </p>
<p style="margin: 0"> </p>
<p style="margin: 0">By itself, the Fund does not constitute a complete investment plan and should be considered a long-term investment
for investors who can afford to weather changes in the value of their investment.</p>
<p style="margin: 0">Performance</p>
<p style="margin: 0">Performance</p>
<p style="margin: 0">Performance</p>
<p style="margin: 0">The following information provides some indication of the risks
of investing in the Fund by showing changes in the performance of Investors Class shares of the Fund from year to year and by showing
how the Fund’s average annual returns for one, five and ten year periods compare with those of broad measures of market performance.  
Past performance of the Fund (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Updated performance information is available on the Fund’s website: www.conestogacapital.com/mutual_funds.htm.</p>
<p style="margin: 0"> </p>
<p style="margin: 0">As of the date of this prospectus, Institutional Class shares of
the Small Cap Fund had been offered for sale for less than a full calendar year. The returns below represent the returns for Investors
Class shares of the Small Cap Fund (formerly, “Shares”). Institutional Class shares and Investors Class shares of the
Small Cap Fund should have returns that are substantially the same because they represent investments in the same portfolio securities
and differ only to the extent that they have different expenses.</p>
<p style="margin: 0; text-align: justify">The following 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 one year, five year, ten year, and since the Fund’s inception compare with those
of broad measures of market performance.   Past performance of the Fund (before and after taxes) is not necessarily an
indication of how the Fund will perform in the future. Updated performance information is available on the Fund’s website:
www.ialfx.com.</p>
<p style="margin: 0"> </p>
<p style="margin: 0">On March 31, 2009 the National Penn ITC (“NPITC”) Equity Fund, a collective investment fund, was
converted to the Fund. The information below, for periods prior to March 31, 2009, includes the past performance of the NPITC Equity
Fund, a separate account managed by Institutional Advisors, a business unit of National Penn Investors Trust Company, the predecessor
investment entity to the Adviser in a fashion that is in all material respects equivalent to the management of the Fund. The data
below reflects NPITC Equity Fund’s performance information over a period before the Fund’s registration statement became
effective. The relevant account was not registered under the Investment Company Act of 1940, as amended (the “1940 Act”)
and therefore was not subject to certain investment restrictions that are imposed by the 1940 Act; and if the relevant account
was registered under the 1940 Act, its performance may have been adversely affected. The prior performance has been restated to
reflect the imposition of the total expenses of the Fund for its initial fiscal year rather than the actual expenses of the NPITC
Equity Fund.</p>
<p style="margin: 0">The bar chart and performance table have been omitted because the
Fund has been in operation for less than one calendar year.</p>
<p style="margin: 0"><b>Calendar Year Total Return</b></p>
<p style="margin: 0">Institutional Advisors LargeCap Fund</p>
<p style="margin: 0">(Formerly NPITC Equity Fund)</p>
<p style="margin: 0"><b>Calendar Year Total Return</b></p>
<p style="margin: 0">During the period shown in the chart, the Fund’s best performing quarter was for the three months ended
06/30/2009: 19.10%. During the same period, the Fund’s worst performing quarter was for the three months ended 12/31/2008:
-21.51%.</p>
<p style="margin: 0; text-align: justify">During the period shown in the chart, the Fund’s
best performing quarter was for the three months ended December 31, 2013: 28.29%. During the same period, the Fund’s worst
performing quarter was for the three months ended December 31, 2008: -29.89%.</p>
<p style="font-style: italic; margin: 0"><i>In calculating the federal income taxes due on redemptions, capital
gains taxes resulting from redemptions are subtracted from the redemption proceeds and the tax benefits from capital losses resulting
from the redemptions are added to the redemption proceeds. Under certain circumstances, the addition of the tax benefits from capital
losses resulting from redemptions may cause the Returns After Taxes on Distributions and Sale of Fund Shares to be greater than
the Returns After Taxes on Distributions or even the Returns Before Taxes.</i></p>
<p style="margin: 0">Shareholder Fees (fees paid directly from your investment)</p>
<p style="margin: 0"></p>
<p style="margin: 0"></p>
<p style="margin: 0">Average Annual Total Returns</p>
<p style="margin: 0">as of 12/31/14</p>
<p style="margin: 0">Average Annual Total Returns<br />
as of 12/31/2014:</p>
<p style="margin: 0">This table compares the Fund’s average annual total returns
for Investors Class shares for the periods ended December 31, 2014 to those of the Russell 2000 Index and the Russell 2000 Growth
Index. Institutional Class shares and Investors Class shares of the Small Cap Fund should have returns that are substantially the
same because they represent investments in the same portfolio securities and differ only to the extent that they have different
expenses. The after-tax returns are calculated using the historical highest individual federal marginal income tax rates. These
after-tax returns do not reflect the effect of any applicable state or local taxes. Your after-tax returns may differ from those
shown. After-tax returns are not relevant to shareholders investing through tax-deferred programs such as an IRA plan. Future results
may be different from those shown.</p>
<p style="margin: 0">In the following table, after-tax returns are calculated using the historical highest individual federal marginal
income tax rates. These after-tax returns do not reflect the effect of any applicable state or local taxes. Your after-tax returns
may differ from those shown. After-tax returns are not relevant to shareholders investing through tax-deferred programs such as
an IRA plan. Future results may be different from those shown.</p>
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0.1325
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0.2040
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2002-10-01
2002-10-01
2009-03-31
2009-03-31
2009-03-31
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0.0846
0.0821
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0.1813
0.1952
0.0960
<p style="margin: 0">You may lose money by investing in the Fund.</p>
<p style="margin: 0">You may lose money by investing in the Fund.</p>
<p style="margin: 0">You may lose money by investing in the Fund and there is no guarantee that the Fund will achieve its objective.</p>
<p style="margin: 0">Past performance of the Fund (before and after taxes) is not necessarily an indication of how the Fund will
perform in the future.</p>
<p style="margin: 0">Past performance of the Fund (before and after taxes) is not necessarily an indication of how the Fund will
perform in the future.</p>
<p style="margin: 0">www.conestogacapital.com</p>
<p style="margin: 0">www.ialfx.com</p>
<p style="margin: 0">the Fund’s best performing quarter</p>
<p style="margin: 0">the Fund’s best performing quarter</p>
2009-06-30
2013-12-31
0.1910
0.2829
<p style="margin: 0">the Fund’s worst performing quarter</p>
<p style="margin: 0">the Fund’s worst performing quarter</p>
2008-12-31
2008-12-31
-0.2151
-0.2989
<p style="margin: 0">The after-tax returns are calculated using the historical highest individual federal marginal income tax rates.</p>
<p style="margin: 0">after-tax returns are calculated using the historical highest individual federal marginal income tax rates.</p>
<p style="margin: 0">After-tax returns are not relevant to shareholders investing through tax-deferred programs such as an IRA
plan.</p>
<p style="margin: 0">After-tax returns are not relevant to shareholders investing through tax-deferred programs such as an IRA
plan.</p>
"Other Expenses" for Institutional Class shares of the Fund are estimated and are based on the expenses of Investors Class shares for the current fiscal year.
The Fund has adopted a Shareholder Servicing Plan on behalf of the Investors Class that will allow the Fund to pay an annual fee of up to 0.25% of its average daily net assets for providing services to the Fund's Investors Class shareholders.
Conestoga Capital Advisors, LLC (the "Adviser") has contractually agreed to limit the Fund's 'Total Annual Fund Operating Expenses'(excluding Rule 12b-1 fees, shareholder servicing fees, interest, taxes, brokerage commissions, other expenditures that are capitalized in accordance with generally accepted accounting principles, and other extraordinary expenses not incurred in the ordinary course of such Fund's business) to 1.35% (for the Investors Class) and 1.10% (for the Institutional Class) of the Fund's average daily net assets until at least January 31, 2016, subject to termination at any time at the option of the Board of Trustees. If it becomes unnecessary for the Adviser to waive fees or make reimbursements, the Adviser may recapture any of its prior waivers or reimbursements for a period not to exceed two fiscal years from the fiscal year in which the waiver or reimbursement was made to the extent such a recapture does not cause the "Total Annual Fund Operating Expenses" to exceed the applicable expense limitation that was in effect at the time of the waiver or reimbursement.
The Fund has adopted a Shareholder Servicing Plan on behalf of Institutional Class shares that will allow the Fund to pay an annual fee of up to 0.25% of its average daily net assets for providing services to the Fund's Institutional Class shareholders.
Conestoga Capital Advisors, LLC (the "Adviser") has contractually agreed to limit the Fund's 'Total Annual Fund Operating Expenses' (excluding taxes, extraordinary expenses, reorganization expenses, brokerage commissions, interest, other expenditures that are capitalized in accordance with generally accepted accounting principles, and other extraordinary expenses not incurred in the ordinary course of such Fund's business) to 0.90% (for the Institutional Class) and 1.10% (for the Investors Class) of the Fund's average daily net assets until at least January 31, 2016, subject to termination at any time at the option of the Board of Trustees (the "Board"). If it becomes unnecessary for the Adviser to waive fees or make reimbursements, the Adviser may recapture any of its prior waivers or reimbursements for a period not to exceed two fiscal years after the fiscal year in which the waiver or reimbursement was made to the extent such a recapture does not cause the "Total Annual Fund Operating Expenses" to exceed the applicable expense limitation that was in effect at the time of the waiver or reimbursement.
The Adviser pays all Fund expenses except Rule 12b-1 fees, shareholder servicing fees, interest, taxes, brokerage commissions, expenses of Independent Trustees, other expenditures that are capitalized in accordance with generally accepted accounting principles, and other extraordinary expenses not incurred in the ordinary course of such Fund's business
Institutional Advisors LLC (the "Adviser") has contractually agreed to limit the Fund's 'Total Annual Fund Operating Expenses'(excluding Rule 12b-1 fees, shareholder servicing fees, interest, taxes, brokerage commissions, expenses of Independent Trustees, other expenditures that are capitalized in accordance with generally accepted accounting principles, and other extraordinary expenses not incurred in the ordinary course of such Fund's business) to 1.20% of the Fund's average daily net assets until at least February 1, 2016, subject to termination at any time at the option of the Board of Trustees.