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ProspectusDate rr_ProspectusDate Jun. 06, 2011
Meidell Tactical Advantage ETF (Prospectus Summary) | Meidell Tactical Advantage ETF
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading MEIDELL TACTICAL ADVANTAGE ETF
Investment Objective, Heading rr_ObjectiveHeading INVESTMENT OBJECTIVE
investment Objective, Primary rr_ObjectivePrimaryTextBlock
The Meidell Tactical Advantage ETF (the "Fund") seeks to provide long-term capital appreciation
Investment Objective, Secondary rr_ObjectiveSecondaryTextBlock
with a secondary emphasis on capital preservation.
Expense, Heading rr_ExpenseHeading FUND FEES AND EXPENSES
Expense, Narrative rr_ExpenseNarrativeTextBlock
This table describes the fees and expenses that you may pay if you buy and hold
shares of the Fund. Most investors will incur customary brokerage commissions
when buying or selling shares of the Fund, which are not reflected in the table
below.
Shareholder Fees, Caption rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment) None
Operating Expenses, Caption 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 The expense limitation agreement (i) may be terminated at any time by the Board of Trustees, and (ii) will be terminated upon termination of the investment advisory agreement between the Advisor and the Fund.
Portfolio Turnover, Heading rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover 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 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
Total Annual Fund Operating Expenses or in the Example, affect the Fund's
performance. This rate excludes the value of portfolio securities received or
delivered as a result of in-kind creations or redemptions of the Fund's capital
shares.
Expense, Exchange Traded Fund, Commissions rr_ExpenseExchangeTradedFundCommissions Most investors will incur customary brokerage commissions when buying or selling shares of the Fund, which are not reflected in the table below.
Other Expenses, New Fund, Based on Estimates rr_OtherExpensesNewFundBasedOnEstimates Because the Fund is new, "Other Expenses" are based on estimated amounts for the current fiscal year.
Acquired Fund Fees and Expenses, Based on Estimates rr_AcquiredFundFeesAndExpensesBasedOnEstimates "Acquired Fund Fees and Expenses" are based upon estimated amounts for the current fiscal year.
Expenses, Not Correlated to Ratio Due to Acquired Fund Fees rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees The total annual fund operating expenses in this fee table may not correlate to the expense ratios in the Fund's financial highlights (and the Fund's financial statements) because the financial highlights include only the Fund's direct operating expenses and do not include acquired fund fees and expenses, which are fees and expenses incurred indirectly by the Fund through its investments in the Acquired Funds.
Expense Example, Heading rr_ExpenseExampleHeading EXAMPLE
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the cost of investing in the shares
of the Fund with the cost of investing in other funds. This example does not
take into account creation or redemption transaction fees, or the brokerage
commissions that you pay when purchasing or selling shares of the Fund. If the
commissions were included, your costs would be higher.

The Example assumes that you invest $10,000 in the Fund for the time periods
indicated and then sell 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 rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Investment Strategy, Heading rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock
The Fund is considered a "fund-of-funds" that seeks to achieve its investment
objective by primarily investing in other exchange-traded funds (the "Underlying
ETFs") that offer diversified exposure to global regions, countries, styles
(market capitalization, value, growth, etc.) or sectors, and other
exchange-traded products ("ETPs"), including but not limited to exchange-traded
notes ("ETNs"), exchange-traded currency trusts and closed-end funds. The Fund
primarily invests in U.S.-listed domestic and foreign equity, fixed income, and
commodity ETFs and ETPs.

American Wealth Management (the "Sub-Advisor") seeks to achieve the Fund's
investment objective by managing a tactical strategy that has the ability to
dynamically rebalance the Fund's portfolio from as much as 100% equity assets to
100% fixed income assets or cash and cash equivalents depending on market
trends. This is a long-only tactical strategy that seeks to minimize portfolio
losses by rotating out of higher volatility assets and into lower volatility
assets when the Sub-Advisor believes there are significant risks in the equity
markets. Risk management is an integral part of the Sub-Advisor's investment
strategy. The Fund will not invest in leveraged or inverse exchange-traded
funds.

The Sub-Advisor uses a quantitative tactical methodology to identify the
Underlying ETFs and ETPs believed to be participating in long-term "durable
trends" within the market. This model enables the Sub-Advisor to evaluate, rank
and select the appropriate mix of investments in Underlying ETFs and ETPs given
market conditions.
Risk, Heading rr_RiskHeading PRINCIPAL RISKS OF INVESTING IN THE FUND
Risk, Narrative rr_RiskNarrativeTextBlock
The Fund is subject to a number of risks that may affect the value of its
shares, including:

Asset Allocation Risk. The selection of the Underlying ETFs and ETPs, and the
allocation of the Underlying ETFs' and ETPs' assets among the various market
segments, may cause the Fund to underperform other funds with a similar
investment objective that do not employ an asset allocation strategy. Because
the risks and returns of different asset classes can vary widely over any given
time period, the Fund's performance could suffer if a particular asset class
does not perform as expected.

Early Closing Risk. An unanticipated early closing of the NYSE Arca, Inc. may
result in a shareholder's inability to buy or sell shares of the Fund on that
day.

Exchange-Traded Investments Risk. The Fund may invest in ETFs and ETPs. While
the risks of owning shares of an ETP or ETF generally reflect the risks of
owning the underlying investments of the ETP or ETF lack of liquidity in an ETP
or ETF can result in its value being more volatile than the underlying portfolio
investments.

Liquidity Risk. Trading in shares of the Fund may be halted because of market
conditions or for reasons that, in the view of the Exchange, make trading in
shares inadvisable.

Market Risk. Due to market conditions, the Fund's investments may fluctuate
significantly from day to day. This volatility may cause the value of your
investment in the Fund to decrease.

Trading Risk. Shares of the Fund may trade below their NAV. The NAV of shares
will fluctuate with changes in the market value of the Fund's holdings. The
trading prices of shares will fluctuate in accordance with changes in NAV as
well as market supply and demand.

Underlying Fund Investment Risk. Through its investments in the Underlying ETFs
or ETPs, the Fund will be subject to the risks associated with the Underlying
ETFs' or ETPs' investments, including the possibility that the value of the
securities held by an Underlying ETF or ETP could decrease. These risks include
any combination of the risks described below, although the Fund's exposure to a
particular risk will be proportionate to the Fund's overall allocation and
Underlying ETF or ETP's asset allocation.

  · Commodities Risk. The commodities industries can be significantly affected by
    the level and volatility of commodity prices; world events including
    international monetary and political developments; import controls and
    worldwide competition; exploration and production spending; and tax and other
    government regulations and economic conditions.

  · Concentration Risk. An Underlying ETF or ETP may, at various times,
    concentrate in the securities of a particular industry, group of industries,
    or sector, and when a fund is overweighted in an industry, group of
    industries, or sector, it may be more sensitive to any single economic,
    business, political, or regulatory occurrence than a fund that is not
    overweighted in an industry, group of industries, or sector.

  · Credit Risk. Certain of the Underlying ETFs and ETPs are subject to the risk
    that a decline in the credit quality of a portfolio investment could cause the
    Underlying ETF's or ETP's share price to fall. The Underlying ETFs and ETPs
    could lose money if the issuer or guarantor of a portfolio investment or the
    counterparty to a derivatives contract fails to make timely principal or
    interest payments or otherwise honor its obligations.

  · Emerging Markets Risk. There is an increased risk of price volatility
    associated with an Underlying ETF's or ETP's investments in emerging market
    countries, which may be magnified by currency fluctuations relative to the
    U.S. dollar.

  · Equity Risk. The prices of equity securities in which an Underlying ETF
    invests rise and fall daily. These price movements may result from factors
    affecting individual companies, industries or the securities market as a
    whole.

  · Fixed Income Risk. An Underlying ETF's or ETP's investments in fixed income
    securities are subject to the risk that the securities may be paid off earlier
    or later than expected. Either situation could cause the Underlying ETF or ETP
    to hold securities paying lower-than-market rates of interest, which could
    hurt the Fund's yield or share price.

  · Foreign Currency Risk. Currency movements may negatively impact the value of
    an Underlying ETF or ETP security even when there is no change in the value of
    the security in the issuer's home country. Under normal circumstances, the
    Underlying ETFs and ETPs do not intend to hedge against the risk of currency
    exchange rate fluctuations, but some Underlying ETFs and ETPs may reserve the
    right to do so if there is extreme volatility in currency exchange rates.

  · Foreign Securities Risk. An Underlying ETF's or ETP's investments in
    securities of foreign issuers involve certain risks including, but not limited
    to, risks of adverse changes in foreign economic, political, regulatory and
    other conditions, or changes in currency exchange rates or exchange control
    regulations (including limitations on currency movements and exchanges). In
    certain countries, legal remedies available to investors may be more limited
    than those available with respect to investments in the United States. In
    addition, the securities of some foreign companies may be less liquid and, at
    times, more volatile than securities of comparable U.S. companies.

  · "Growth" Investing Risk. An Underlying ETF or ETP may pursue a "growth style"
    of investing. Growth stocks can be volatile for several reasons. Since those
    companies usually invest a high portion of earnings in their businesses, they
    may lack the dividends of value stocks that can cushion stock prices in a
    falling market. The prices of growth stocks are based largely on projections
    of the issuer's future earnings and revenues. If a company's earnings or
    revenues fall short of expectations, its stock price may fall dramatically.

  · High Yield Risk. An Underlying ETF or ETP may invest in high yield securities
    and unrated securities of similar credit quality (commonly known as "junk
    bonds"). High yield securities generally pay higher yields (greater income)
    than investment in higher quality securities; however, high yield securities
    and junk bonds may be subject to greater levels of interest rate, credit and
    liquidity risk than funds that do not invest in such securities, and are
    considered predominantly speculative with respect to an issuer's continuing
    ability to make principal and interest payments.

  · Income Risk. An Underlying ETF or ETP may derive dividend and interest income
    from certain of its investments. This income can vary widely over the short-
    and long-term. If prevailing market interest rates drop, distribution rates of
    an Underlying ETF's or ETP's income producing investments may decline which
    then may adversely affect the Fund's value.

  · Interest Rate Risk. An Underlying ETF's or ETP's investments in fixed income
    securities are subject to the risk that interest rates rise and fall over
    time. As with any investment whose yield reflects current interest rates, an
    Underlying ETF's or ETP's yield will change over time. During periods when
    interest rates are low, an Underlying ETF's or ETP's yield (and total return)
    also may be low. To the extent that the investment adviser (or sub-adviser) of
    an Underlying ETF or ETP anticipates interest rate trends imprecisely, the
    Underlying ETF or ETP could miss yield opportunities or its share price could
    fall.

  · Investment Risk. An investment in an Underlying ETF or ETP is not a bank
    deposit and is not insured or guaranteed by the Federal Deposit Insurance
    Corporation or any other government agency. The Fund may experience losses
    with respect to its investment in an Underlying ETF or ETP. Further, there is
    no guarantee that an Underlying ETF or ETP will be able to achieve its
    objective.

  · Large-Cap Risk. An Underlying ETF or ETP may invest in large-cap companies.
    Returns on investments in stocks of large U.S. companies could trail the
    returns on investments in stocks of smaller and mid-sized companies.

  · Mid-Cap Risk. An Underlying ETF or ETP may invest in mid-cap companies. Mid-sized
    companies may be more volatile and more likely than large-capitalization companies
    to have limited product lines, markets or financial resources, or depend on a few
    key employees. Returns on investments in stocks of mid-size companies could trail
    the returns on investments in stocks of larger or smaller companies.

  · Small Cap Risk. An Underlying ETF or ETP may invest in small-cap companies.
    Small-capitalization companies may be more vulnerable than larger, more established
    organizations to adverse business or economic developments.  In particular,
    small-capitalization companies may have limited product lines, markets, and
    financial resources and may be dependent upon a relatively small management group.
    These securities may be listed on an exchange or trade over-the-counter, and may or
    may not pay dividends. During a period when small-cap stocks fall behind other types
    of investments - large-cap stocks, for instance - the Underlying ETF's or ETP's
    performance could be reduced.

  · "Value" Investing Risk. Because it may invest in value stocks, the Fund could suffer
    losses or produce poor results relative to other funds, even in a rising market, if
    the Sub-Advisor's assessment of a company's value or prospects for exceeding earnings
    expectations or market conditions is wrong.

As with any fund, there is no guarantee that the Fund will achieve its investment goal.
Risk, Lose Money rr_RiskLoseMoney This volatility may cause the value of your investment in the Fund to decrease.
Risk, Not Insured Depository Institution rr_RiskNotInsuredDepositoryInstitution An investment in an Underlying ETF or ETP is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading FUND PERFORMANCE
Performance, Narrative rr_PerformanceNarrativeTextBlock
The Fund is new and therefore does not have a performance history for a full calendar year.
Performance, One Year or Less rr_PerformanceOneYearOrLess The Fund is new and therefore does not have a performance history for a full calendar year.
Meidell Tactical Advantage ETF | Meidell Tactical Advantage ETF
 
Risk/Return: rr_RiskReturnAbstract  
MANAGEMENT FEES rr_ManagementFeesOverAssets 1.20%
DISTRIBUTION (12b-1) FEES rr_DistributionAndService12b1FeesOverAssets none
OTHER EXPENSES rr_OtherExpensesOverAssets 0.75% [1]
ACQUIRED FUND FEES AND EXPENSES rr_AcquiredFundFeesAndExpensesOverAssets 0.25% [2]
TOTAL ANNUAL FUND OPERATING EXPENSES rr_ExpensesOverAssets 2.20% [3]
FEE WAIVER AND/OR EXPENSE REIMBURSEMENT rr_FeeWaiverOrReimbursementOverAssets (0.60%) [4]
TOTAL ANNUAL FUND OPERATING EXPENSES AFTER FEE WAIVER AND/OR EXPENSE REIMBURSEMENT rr_NetExpensesOverAssets 1.60%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 163
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 630
[1] Because the Fund is new, "Other Expenses" are based on estimated amounts for the current fiscal year.
[2] As a shareholder in certain Underlying ETFs (the "Acquired Funds"), the Fund will indirectly bear its proportionate share of the fees and expenses of the Acquired Funds. "Acquired Fund Fees and Expenses" are based upon estimated amounts for the current fiscal year.
[3] The total annual fund operating expenses in this fee table may not correlate to the expense ratios in the Fund's financial highlights (and the Fund's financial statements) because the financial highlights include only the Fund's direct operating expenses and do not include acquired fund fees and expenses, which are fees and expenses incurred indirectly by the Fund through its investments in the Acquired Funds.
[4] The Advisor has contractually agreed to reduce its fees and/or reimburse expenses in order to keep net expenses (excluding interest, taxes, brokerage commissions, acquired fund fees and expenses, and extraordinary expenses) from exceeding 1.35% of the Fund's average daily net assets for at least a year from the date of this Prospectus. This agreement is limited to the Fund's direct operating expenses and, therefore, does not apply to "Acquired Fund Fees and Expenses." The expense limitation agreement (i) may be terminated at any time by the Board of Trustees, and (ii) will be terminated upon termination of the investment advisory agreement between the Advisor and the Fund.