0001464413-13-000176.txt : 20130718 0001464413-13-000176.hdr.sgml : 20130718 20130718143233 ACCESSION NUMBER: 0001464413-13-000176 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20130718 DATE AS OF CHANGE: 20130718 EFFECTIVENESS DATE: 20130718 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Starboard Investment Trust CENTRAL INDEX KEY: 0001464413 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-159484 FILM NUMBER: 13974665 BUSINESS ADDRESS: STREET 1: 116 SOUTH FRANKLIN STREET STREET 2: POST OFFICE BOX 69 CITY: ROCKY MOUNT STATE: NC ZIP: 27802-0069 BUSINESS PHONE: 252-972-9922 EXT.249 MAIL ADDRESS: STREET 1: 116 SOUTH FRANKLIN STREET STREET 2: POST OFFICE BOX 69 CITY: ROCKY MOUNT STATE: NC ZIP: 27802-0069 0001464413 S000034417 SCS Tactical Allocation Fund C000105882 SCS Tactical Allocation Fund SCSGX 497 1 r497exbrl0713.htm STARBOARD INVESTMENT TRUST - SCS TACTICAL ROTATION FUND r497exbrl0713.htm
STARBOARD INVESTMENT TRUST
116 South Franklin Street
Post Office Box 69
Rocky Mount, North Carolina 27802
(252) 972-9922

July 18, 2013

VIA EDGAR

Securities and Exchange Commission
Filing Desk
100 F Street, N.E.
Washington, DC 20549

RE:
Starboard Investment Trust (File Nos.  333-159484 and 811-22298), on behalf of the SCS Tactical Allocation Fund, a series of the Trust
 

Ladies and Gentlemen:

On behalf of the Fund, and pursuant to Rule 497(e) of the General Rules and Regulations under the Securities Act of 1933, as amended, this filing is being made for the sole purpose of submitting an interactive data file as required by Rule 405 of Regulation S-T.  The interactive data file included as an exhibit to this filing relates to a Supplement dated June 28, 2013 to the final form of the Prospectus which was filed with the Securities and Exchange Commission on December 31, 2012.


If you have any questions concerning the foregoing, please contact the undersigned at 252-972-9922, extension 249.

Yours truly,
Starboard Investment Trust

/s/ A. Vason Hamrick

A. Vason Hamrick
Secretary

 
 

 

Exhibit Index

Exhibit Number
Description
EX-101.INS
XBRL Instance Document
EX-101.SCH
XBRL Taxonomy Extension Schema Document
EX-101.CAL
XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF
XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB
XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE
XBRL Taxonomy Extension Presentation Linkbase

EX-101.INS 2 cik0001464413-20130628.xml XBRL INSTANCE DOCUMENT 0001464413 cik0001464413:S000034417Member cik0001464413:C000105882Member 2012-12-31 2012-12-31 0001464413 2012-12-31 2012-12-31 0001464413 cik0001464413:S000034417Member 2012-12-31 2012-12-31 iso4217:USD xbrli:pure <div> 497 1 r497e0613.htm STARBOARD INVESTMENT TRUST - SCS TACTICAL ALLOCATION FUND <div style="margin-left: 0pt; display: block; line-height: 11.4pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">STARBOARD INVESTMENT TRUST</font><br /></div> <div style="margin-left: 0pt; display: block; line-height: 13.7pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 0pt; text-indent: 0pt;"> <div> </div><br /></div> <div style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 18pt; font-family: Times New Roman; font-weight: bold; display: inline;">SCS Tactical Allocation Fund</font></div> <div style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;"> <div style="display: block; line-height: 13.7pt; text-indent: 0pt;"> <div> </div></div> <div style="margin-left: 0pt; display: block; line-height: 13.7pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 0pt; text-indent: 0pt;"><br /></div></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">Prospectus Supplement</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">June 28, 2013</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">This supplement to the Prospectus dated December 31, 2012 for the SCS Tactical Allocation Fund, a series of the Starboard Investment Trust, updates the information described below.&nbsp;&nbsp;For further information, please contact the Fund toll-free at <font class="_mt" style="white-space: nowrap;">1-800-773-3863<a title="Call: 1-800-773-3863" style="overflow: hidden; cursor: hand; border-top: medium none; height: 16px; border-right: medium none; vertical-align: middle; white-space: nowrap; right: 0px; border-bottom: medium none; position: static !important; float: none; left: 0px; margin: 0px; border-left: medium none; display: inline; top: 0px; width: 16px; bottom: 0px;" href="blank#"> </a></font>.&nbsp;&nbsp;You may obtain copies of the Prospectus and Statement of Additional Information, free of charge, by writing to the Fund at Post Office Box 4365, Rocky Mount, North Carolina 27803 or calling the number above.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">The section of the Prospectus entitled "Summary &#8211; Fees and Expenses of the Fund" is being amended in its entirety to read as follows:</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">FEES AND EXPENSES OF THE FUND</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold;"><font class="_mt" style="font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.&nbsp;&nbsp;<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.&nbsp;&nbsp;More information about these and other discounts is available from your financial professional and in</font> the section "Purchasing Shares" in<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;"> this prospectus and the section "Additional Purchase and Redemption Information" in the Fund's statement of additional information</font></font></font></font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Shareholder Fees</font></div></td> <td valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr> <tr><td style="border-bottom: black 2px solid;" valign="bottom" width="55%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(fees paid directly from your investment)</font></div></td> <td style="border-bottom: black 2px solid;" valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Maximum Sales Charge (Load) Imposed On Purchases</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;(as a % of offering price)</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">4.75%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Maximum Deferred Sales Charge (Load)</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;(as a % of the lesser of amount purchased or redeemed)</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">None</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Redemption Fee</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;(as a % of amount redeemed)</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">None</font></div></td></tr></table></div> <div style="display: block; line-height: 11.4pt; text-indent: 0pt;"><br /></div> <div> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Annual Fund Operating Expenses</font></div></td> <td valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr> <tr><td style="border-bottom: black 2px solid;" valign="bottom" width="70%" colspan="2"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(expenses that you pay each year as a percentage of the value of your investment)</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Management Fees</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">1.00%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Distribution and/or Service (12b-1) Fees</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">0.25%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Other Expenses</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">11.99%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Acquired Fund Fees and Expenses<font class="_mt" style="font-size: 70%; vertical-align: text-top; display: inline;">1</font></font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; text-decoration: underline; display: inline;"><font class="_mt" style="display: inline;">0.07%</font></font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Total Annual Fund Operating Expenses</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">13.31%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;Fee Waiver and/or Expense Limitation<font class="_mt" style="font-size: 70%; vertical-align: text-top; display: inline;">2</font></font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; text-decoration: underline; display: inline;"><font class="_mt" style="display: inline;">9.24%</font></font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;<font class="_mt" style="font-weight: bold; display: inline;">Net Annual Fund Operating Expenses</font></font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">4.07%</font></div></td></tr></table></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt;"> <div> <div style="width: 100%;" align="left"><font class="_mt" style="font-size: 8pt; font-family: Times New Roman; display: inline;">&nbsp; </font></div></div> <div style="width: 100%;"> <div style="text-align: center; width: 100%;"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">Page 1 of&nbsp; 2</font></div> <div style="text-align: center; width: 100%;"> </div></div> <div> <div style="width: 100%;" align="right"><font class="_mt" style="font-size: 8pt; font-family: Times New Roman; display: inline;">&nbsp; </font></div></div></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-style: italic; display: inline;"><font class="_mt" style="display: inline;">1. </font>"Acquired Fund" means any investment company in which the Fund invests or has invested during the previous fiscal year.&nbsp;&nbsp;The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-style: italic; display: inline;"><font class="_mt" style="display: inline;">2. </font>The Advisor has entered into an Expense Limitation Agreement with the Fund under which it has agreed to waive or reduce its fees and to assume any expenses of the Fund, if necessary, in an amount that limits the Fund's annual operating expenses (exclusive of interest, taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund's business, and, payments under the Rule 12b-1 distribution plan) to not more than 3.75% of the average daily net assets of the Fund through January 1, 2014.&nbsp;&nbsp;The Fund's net expense ratio will be higher than 3.75% to the extent that it incurs expenses excluded from the Expense Limitation Agreement.&nbsp;&nbsp;The Expense Limitation Agreement may not be terminated prior to that date.&nbsp;&nbsp;The Advisor cannot recoup from the Fund any amounts paid by the Advisor under the Expense Limitation Agreement.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Example. </font>This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.&nbsp;&nbsp;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.&nbsp;&nbsp;The example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same.&nbsp;&nbsp;Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div align="center"> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="85%"> <tr bgcolor="#000000"><td style="border-top: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">1 Year</font></font></div></td> <td style="border-top: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">3 Years</font></font></div></td> <td style="border-top: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">5 Years</font></font></div></td> <td style="border-top: #000000 0.75pt solid; border-right: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">10 Years</font></font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$864</font></div></td> <td style="border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$3,215</font></div></td> <td style="border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$5,192</font></div></td> <td style="border-right: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$8,863</font></div></td></tr></table></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Portfolio Turnover.</font> The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio).&nbsp;&nbsp;A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.&nbsp;&nbsp;These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance.&nbsp;&nbsp;During the most recent fiscal year, the Fund's portfolio turnover rate was 67.51% of the average value of its portfolio.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 12.55pt; text-indent: 0pt;"><br /></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 12.55pt; text-indent: 0pt;"><br /></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 12.55pt; text-indent: 0pt;"><br /></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;"><font class="_mt" style="text-decoration: underline; display: inline;">Investors Should Retain This Supplement for Future Reference</font></font></div> </div> false 2013-06-28 2013-06-28 2013-06-28 Other 0001464413 Starboard Investment Trust 0.0007 <div> &lt;div style="display:none;" &gt;~ http://www.ncfunds.com/role/ScheduleAnnualFundOperatingExpensesScsTacticalAllocationFundNew column period compact * column dei_LegalEntityAxis compact cik0001464413_S000034417Member column rr_ProspectusShareClassAxis compact * row primary compact * ~&lt;/div&gt; </div> 0.0025 <font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $<font class="_mt">50,000</font> in the Fund.</font> 50000 <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Example. </font></font></div> <div> <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.&nbsp;&nbsp;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.&nbsp;&nbsp;The example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same.&nbsp;&nbsp;Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></div> </div> <div> &lt;div style="display:none;" &gt;~ http://www.ncfunds.com/role/ScheduleExpenseExampleTransposedScsTacticalAllocationFund row period compact * row primary compact * column dei_LegalEntityAxis compact cik0001464413_S000034417Member column rr_ProspectusShareClassAxis compact * ~&lt;/div&gt; </div> 864 3215 5192 8863 <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">FEES AND EXPENSES OF THE FUND</font></div> <div> <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold;"><font class="_mt" style="font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.&nbsp;&nbsp;<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;"><font class="_mt"><font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $<font class="_mt">50,000</font> in the Fund.</font></font>&nbsp;&nbsp;More information about these and other discounts is available from your financial professional and in</font> the section "Purchasing Shares" in<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;"> this prospectus and the section "Additional Purchase and Redemption Information" in the Fund's statement of additional information</font></font></font></font></div> </div> The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses. 0.1331 -0.0924 January 1, 2014 0.01 0 0.0475 0.0407 <div class="MetaData"> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Annual Fund Operating Expenses </font> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(expenses that you pay each year as a percentage of the value of your investment)</font></div></div></td> <td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr></table></div> 0.1199 <font class="_mt" style="white-space: nowrap;">1-800-773-3863</font> <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Portfolio Turnover.</font> </font></div> 0.6751 <div> <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio).&nbsp;&nbsp;A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.&nbsp;&nbsp;These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance.&nbsp;&nbsp;During the most recent fiscal year, the Fund's portfolio turnover rate was <font class="_mt">67.51</font>% of the average value of its portfolio.</font></div> </div> 2012-12-31 0 <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 18pt; font-family: Times New Roman; font-weight: bold; display: inline;">SCS Tactical Allocation Fund</font></div> <div class="MetaData"> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Shareholder Fees </font> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(fees paid directly from your investment)</font></div></div></td> <td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr></table></div> <div> &lt;div style="display:none;" &gt;~ http://www.ncfunds.com/role/ScheduleShareholderFeesScsTacticalAllocationFund column period compact * column dei_LegalEntityAxis compact cik0001464413_S000034417Member column rr_ProspectusShareClassAxis compact * row primary compact * ~&lt;/div&gt; </div> "Acquired Fund" means any investment company in which the Fund invests or has invested during the previous fiscal year. The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses. The Advisor has entered into an Expense Limitation Agreement with the Fund under which it has agreed to waive or reduce its fees and to assume any expenses of the Fund, if necessary, in an amount that limits the Fund's annual operating expenses (exclusive of interest, taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund's business, and, payments under the Rule 12b-1 distribution plan) to not more than 3.75% of the average daily net assets of the Fund through January 1, 2014. The Fund's net expense ratio will be higher than 3.75% to the extent that it incurs expenses excluded from the Expense Limitation Agreement. The Expense Limitation Agreement may not be terminated prior to that date. The Advisor cannot recoup from the Fund any amounts paid by the Advisor under the Expense Limitation Agreement. EX-101.SCH 3 cik0001464413-20130628.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 001703 - Schedule - Annual Fund Operating Expenses - {SCS Tactical Allocation Fund} link:presentationLink link:calculationLink link:definitionLink 001701 - Document - Risk/Return Summary {Unlabeled} - (SCS Tactical Allocation Fund) link:presentationLink link:calculationLink link:definitionLink 001702 - Schedule - Shareholder Fees - {SCS Tactical Allocation Fund} link:presentationLink link:calculationLink link:definitionLink 001704 - Schedule - Expense Example {Transposed} - {SCS Tactical Allocation Fund} link:presentationLink link:calculationLink link:definitionLink 001705 - Schedule - Expense Example, No Redemption {Transposed} - {SCS Tactical Allocation Fund} link:presentationLink link:calculationLink link:definitionLink 001706 - Schedule - Annual Total Returns - {SCS Tactical Allocation Fund}[Bar Chart] link:presentationLink link:calculationLink link:definitionLink 001707 - Schedule - Average Annual Total Returns {Transposed} - {SCS Tactical Allocation Fund} link:presentationLink link:calculationLink link:definitionLink 001708 - Disclosure - Risk/Return Detail Data {Elements} - (SCS Tactical Allocation Fund) link:presentationLink link:calculationLink link:definitionLink 000001 - Document - Document and Entity Information {Elements} link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 cik0001464413-20130628_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 cik0001464413-20130628_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 cik0001464413-20130628_lab.xml XBRL TAXONOMY EXTENSION LABELS LINKBASE EX-101.PRE 7 cik0001464413-20130628_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 8 R6.xml IDEA: Risk/Return Detail Data - (SCS Tactical Allocation Fund) 2.4.0.8001708 - Disclosure - Risk/Return Detail Data {Elements} - (SCS Tactical Allocation Fund)truetruefalse1false falsefalseDuration_12_31_2012_To_12_31_2012http://www.sec.gov/CIK0001464413duration2012-12-31T00:00:002012-12-31T00:00:001true 3rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false 4rr_ProspectusDaterr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002012-12-31falsefalsetruexbrli:dateItemTypedateThe date of the prospectus.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 1 -Paragraph 3 -Subsection a false03false 0truefalsetruefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalse2false USDtruefalse$Duration_12_31_2012_To_12_31_2012_dei_LegalEntityAxis_cik0001464413_S000034417Member_rr_ProspectusShareClassAxis_cik0001464413_C000105882Memberhttp://www.sec.gov/CIK0001464413duration2012-12-31T00:00:002012-12-31T00:00:00falsefalseSCS Tactical Allocation Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldicik0001464413_S000034417Memberdei_LegalEntityAxisexplicitMemberfalsefalseSCS Tactical Allocation Fundrr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldicik0001464413_C000105882Memberrr_ProspectusShareClassAxisexplicitMemberUnit1Standardhttp://www.xbrl.org/2003/instancepurexbrli0Unit12Standardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$nanafalse04true 3rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse05false 4rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPricerr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue0.04750.0475falsefalsefalserr:NonNegativePure4TypepureMaximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 1 -Subsection table false06false 4rr_MaximumDeferredSalesChargeOverOtherrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue00falsefalsefalserr:NonNegativePure4TypepureMaximum Deferred Sales Charge (Load) (as a percentage of ____) "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 2 -Subparagraph a -Clause i -Subsection instructions false07false 4rr_RedemptionFeeOverRedemptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue00falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 2 -Subparagraph b -Subsection instructions false08false 4rr_ManagementFeesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue0.010.01falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph a -Subsection instructions false09false 4rr_DistributionAndService12b1FeesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue0.00250.0025falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 9 -Subsection table false010false 4rr_OtherExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue0.11990.1199falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph c -Clause i -Subsection instructions false011false 4rr_AcquiredFundFeesAndExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00070.0007[1]falsefalsefalserr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table false012false 4rr_ExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalsetotalLabel1truetruetrue0.13310.1331falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph d -Subsection instructions true013false 4rr_FeeWaiverOrReimbursementOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsetruenegated1truetruetrue0.09240.0924[2]falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table false014false 4rr_NetExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalsetotalLabel1truetruetrue0.04070.0407falsefalsefalserr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table true015false 4rr_ExpenseExampleYear01rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truefalsetrue864864USD$falsetruefalserr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 4 -Subsection instructions false216false 4rr_ExpenseExampleYear03rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truefalsetrue32153215USD$falsefalsefalserr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 2 -Subsection example false217false 4rr_ExpenseExampleYear05rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truefalsetrue51925192USD$falsefalsefalserr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 2 -Subsection example false218false 4rr_ExpenseExampleYear10rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1truefalsetrue88638863USD$falsefalsefalserr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 2 -Subsection example false219false 0truefalsetruefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalse3false USDtruefalse$Duration_12_31_2012_To_12_31_2012_dei_LegalEntityAxis_cik0001464413_S000034417Memberhttp://www.sec.gov/CIK0001464413duration2012-12-31T00:00:002012-12-31T00:00:00falsefalseSCS Tactical Allocation Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldicik0001464413_S000034417Memberdei_LegalEntityAxisexplicitMemberUnit1Standardhttp://www.xbrl.org/2003/instancepurexbrli0Unit12Standardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$nanafalse020true 3rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse021false 4cik0001464413_SupplementTextBlockcik0001464413_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> 497 1 r497e0613.htm STARBOARD INVESTMENT TRUST - SCS TACTICAL ALLOCATION FUND <div style="margin-left: 0pt; display: block; line-height: 11.4pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">STARBOARD INVESTMENT TRUST</font><br /></div> <div style="margin-left: 0pt; display: block; line-height: 13.7pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 0pt; text-indent: 0pt;"> <div> </div><br /></div> <div style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 18pt; font-family: Times New Roman; font-weight: bold; display: inline;">SCS Tactical Allocation Fund</font></div> <div style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;"> <div style="display: block; line-height: 13.7pt; text-indent: 0pt;"> <div> </div></div> <div style="margin-left: 0pt; display: block; line-height: 13.7pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 0pt; text-indent: 0pt;"><br /></div></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">Prospectus Supplement</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">June 28, 2013</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">This supplement to the Prospectus dated December 31, 2012 for the SCS Tactical Allocation Fund, a series of the Starboard Investment Trust, updates the information described below.&nbsp;&nbsp;For further information, please contact the Fund toll-free at <font class="_mt" style="white-space: nowrap;">1-800-773-3863<a title="Call: 1-800-773-3863" style="overflow: hidden; cursor: hand; border-top: medium none; height: 16px; border-right: medium none; vertical-align: middle; white-space: nowrap; right: 0px; border-bottom: medium none; position: static !important; float: none; left: 0px; margin: 0px; border-left: medium none; display: inline; top: 0px; width: 16px; bottom: 0px;" href="blank#"> </a></font>.&nbsp;&nbsp;You may obtain copies of the Prospectus and Statement of Additional Information, free of charge, by writing to the Fund at Post Office Box 4365, Rocky Mount, North Carolina 27803 or calling the number above.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">The section of the Prospectus entitled "Summary &#8211; Fees and Expenses of the Fund" is being amended in its entirety to read as follows:</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">FEES AND EXPENSES OF THE FUND</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold;"><font class="_mt" style="font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.&nbsp;&nbsp;<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.&nbsp;&nbsp;More information about these and other discounts is available from your financial professional and in</font> the section "Purchasing Shares" in<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;"> this prospectus and the section "Additional Purchase and Redemption Information" in the Fund's statement of additional information</font></font></font></font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Shareholder Fees</font></div></td> <td valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr> <tr><td style="border-bottom: black 2px solid;" valign="bottom" width="55%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(fees paid directly from your investment)</font></div></td> <td style="border-bottom: black 2px solid;" valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Maximum Sales Charge (Load) Imposed On Purchases</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;(as a % of offering price)</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">4.75%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Maximum Deferred Sales Charge (Load)</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;(as a % of the lesser of amount purchased or redeemed)</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">None</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Redemption Fee</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;(as a % of amount redeemed)</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">None</font></div></td></tr></table></div> <div style="display: block; line-height: 11.4pt; text-indent: 0pt;"><br /></div> <div> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Annual Fund Operating Expenses</font></div></td> <td valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr> <tr><td style="border-bottom: black 2px solid;" valign="bottom" width="70%" colspan="2"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(expenses that you pay each year as a percentage of the value of your investment)</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Management Fees</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">1.00%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Distribution and/or Service (12b-1) Fees</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">0.25%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Other Expenses</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">11.99%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Acquired Fund Fees and Expenses<font class="_mt" style="font-size: 70%; vertical-align: text-top; display: inline;">1</font></font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; text-decoration: underline; display: inline;"><font class="_mt" style="display: inline;">0.07%</font></font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Total Annual Fund Operating Expenses</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">13.31%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;Fee Waiver and/or Expense Limitation<font class="_mt" style="font-size: 70%; vertical-align: text-top; display: inline;">2</font></font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; text-decoration: underline; display: inline;"><font class="_mt" style="display: inline;">9.24%</font></font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;<font class="_mt" style="font-weight: bold; display: inline;">Net Annual Fund Operating Expenses</font></font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">4.07%</font></div></td></tr></table></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt;"> <div> <div style="width: 100%;" align="left"><font class="_mt" style="font-size: 8pt; font-family: Times New Roman; display: inline;">&nbsp; </font></div></div> <div style="width: 100%;"> <div style="text-align: center; width: 100%;"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">Page 1 of&nbsp; 2</font></div> <div style="text-align: center; width: 100%;"> </div></div> <div> <div style="width: 100%;" align="right"><font class="_mt" style="font-size: 8pt; font-family: Times New Roman; display: inline;">&nbsp; </font></div></div></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-style: italic; display: inline;"><font class="_mt" style="display: inline;">1. </font>"Acquired Fund" means any investment company in which the Fund invests or has invested during the previous fiscal year.&nbsp;&nbsp;The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-style: italic; display: inline;"><font class="_mt" style="display: inline;">2. </font>The Advisor has entered into an Expense Limitation Agreement with the Fund under which it has agreed to waive or reduce its fees and to assume any expenses of the Fund, if necessary, in an amount that limits the Fund's annual operating expenses (exclusive of interest, taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund's business, and, payments under the Rule 12b-1 distribution plan) to not more than 3.75% of the average daily net assets of the Fund through January 1, 2014.&nbsp;&nbsp;The Fund's net expense ratio will be higher than 3.75% to the extent that it incurs expenses excluded from the Expense Limitation Agreement.&nbsp;&nbsp;The Expense Limitation Agreement may not be terminated prior to that date.&nbsp;&nbsp;The Advisor cannot recoup from the Fund any amounts paid by the Advisor under the Expense Limitation Agreement.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Example. </font>This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.&nbsp;&nbsp;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.&nbsp;&nbsp;The example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same.&nbsp;&nbsp;Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div align="center"> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="85%"> <tr bgcolor="#000000"><td style="border-top: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">1 Year</font></font></div></td> <td style="border-top: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">3 Years</font></font></div></td> <td style="border-top: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">5 Years</font></font></div></td> <td style="border-top: #000000 0.75pt solid; border-right: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">10 Years</font></font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$864</font></div></td> <td style="border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$3,215</font></div></td> <td style="border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$5,192</font></div></td> <td style="border-right: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$8,863</font></div></td></tr></table></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Portfolio Turnover.</font> The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio).&nbsp;&nbsp;A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.&nbsp;&nbsp;These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance.&nbsp;&nbsp;During the most recent fiscal year, the Fund's portfolio turnover rate was 67.51% of the average value of its portfolio.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 12.55pt; text-indent: 0pt;"><br /></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 12.55pt; text-indent: 0pt;"><br /></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 12.55pt; text-indent: 0pt;"><br /></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;"><font class="_mt" style="text-decoration: underline; display: inline;">Investors Should Retain This Supplement for Future Reference</font></font></div> </div>falsefalsefalseus-types:textBlockItemTypestringSupplement text block for Fees, Expenses and Portfolio TurnoverNo definition available.false022false 4rr_RiskReturnHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData" style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 18pt; font-family: Times New Roman; font-weight: bold; display: inline;">SCS Tactical Allocation Fund</font></div>falsefalsefalsexbrli: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 2 false023false 4rr_ExpenseHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">FEES AND EXPENSES OF THE FUND</font></div>falsefalsefalsexbrli: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph d -Subsection instructions false024false 4rr_ExpenseNarrativeTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold;"><font class="_mt" style="font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.&nbsp;&nbsp;<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;"><font class="_mt"><font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $<font class="_mt">50,000</font> in the Fund.</font></font>&nbsp;&nbsp;More information about these and other discounts is available from your financial professional and in</font> the section "Purchasing Shares" in<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;"> this prospectus and the section "Additional Purchase and Redemption Information" in the Fund's statement of additional information</font></font></font></font></div> </div>falsefalsefalseus-types:textBlockItemTypestringThis 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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph b -Subsection instructions false025false 4rr_ShareholderFeesCaptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData"> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Shareholder Fees </font> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(fees paid directly from your investment)</font></div></div></td> <td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr></table></div>falsefalsefalsexbrli:stringItemTypestringShareholder Fees (fees paid directly from your investment).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subsection table false026false 4rr_OperatingExpensesCaptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData"> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Annual Fund Operating Expenses </font> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(expenses that you pay each year as a percentage of the value of your investment)</font></div></div></td> <td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr></table></div>falsefalsefalsexbrli:stringItemTypestringAnnual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investment)Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 7 -Subsection table false027false 4rr_FeeWaiverOrReimbursementOverAssetsDateOfTerminationrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00January 1, 2014falsefalsefalseus-types:dateStringItemTypenormalizedstringThis 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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph e -Subsection instructions false028false 4rr_PortfolioTurnoverHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Portfolio Turnover.</font> </font></div>falsefalsefalsexbrli: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 5 -Subsection instructions false029false 4rr_PortfolioTurnoverTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio).&nbsp;&nbsp;A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.&nbsp;&nbsp;These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance.&nbsp;&nbsp;During the most recent fiscal year, the Fund's portfolio turnover rate was <font class="_mt">67.51</font>% of the average value of its portfolio.</font></div> </div>falsefalsefalseus-types:textBlockItemTypestringDisclose 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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subsection example false030false 4rr_PortfolioTurnoverRaterr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse0.67510.6751falsefalsefalsexbrli:pureItemTypepureThis element represents the rate of portfolio turnover presented as a percentage (SEC Form N-1A 2006-09-14 A.3.example.3 Portfolio Turnover A.3.instructions.5 Portfolio Turnover).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subsection example false031false 4rr_ExpenseBreakpointDiscountsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $<font class="_mt">50,000</font> in the Fund.</font>falsefalsefalsexbrli:stringItemTypestringInclude the narrative explanations in the order indicated. A Fund may modify the narrative explanations if the explanation contains comparable information to that shown.The narrative explanation regarding sales charge discounts is only required by a Fund that offers such discounts and should specify the minimum level of investment required to qualify for a discount.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph b -Subsection instructions false032false 4rr_ExpenseBreakpointMinimumInvestmentRequiredAmountrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1truefalsefalse5000050000USD$falsetruefalsexbrli:monetaryItemTypemonetaryThis element represents the minimum level of investment required to qualify for discounted sales charges or fund expenses (SEC Form N-1A 2006-09-14 A.3.instructions.1.b).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph b -Subsection instructions false233false 4rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFeesrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.falsefalsefalsexbrli:stringItemTypestringThe Fund may clarify in a footnote to the fee table that the total annual fund operating expenses under Item 3 do not correlate to the ratio of expenses to average net assets given in response to Item 8, which reflects the operating expenses of the Fund and does not include Acquired Fund fees and expenses.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph f -Clause vii -Subsection instructions false034false 4rr_ExpenseExampleHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Example. </font></font></div>falsefalsefalsexbrli:stringItemTypestringHeading for Expense Example.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 4 -Subsection instructions false035false 4rr_ExpenseExampleNarrativeTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.&nbsp;&nbsp;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.&nbsp;&nbsp;The example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same.&nbsp;&nbsp;Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></div> </div>falsefalsefalseus-types:textBlockItemTypestringThe 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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 1 -Subsection example false036false 4rr_PerformanceAvailabilityPhonerr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<font class="_mt" style="white-space: nowrap;">1-800-773-3863</font>falsefalsefalsexbrli: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph i -Subsection b false01"Acquired Fund" means any investment company in which the Fund invests or has invested during the previous fiscal year. The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.2The Advisor has entered into an Expense Limitation Agreement with the Fund under which it has agreed to waive or reduce its fees and to assume any expenses of the Fund, if necessary, in an amount that limits the Fund's annual operating expenses (exclusive of interest, taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund's business, and, payments under the Rule 12b-1 distribution plan) to not more than 3.75% of the average daily net assets of the Fund through January 1, 2014. The Fund's net expense ratio will be higher than 3.75% to the extent that it incurs expenses excluded from the Expense Limitation Agreement. The Expense Limitation Agreement may not be terminated prior to that date. The Advisor cannot recoup from the Fund any amounts paid by the Advisor under the Expense Limitation Agreement.falseRisk/Return Detail Data - (SCS Tactical Allocation Fund) (USD $)NoRoundingUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.ncfunds.com/role/DisclosureRiskReturnDetailDataElementsScsTacticalAllocationFund136 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 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Prospectus Date rr_ProspectusDate Dec. 31, 2012
SCS Tactical Allocation Fund | SCS Tactical Allocation Fund
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed On Purchases (as a % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.75%
Maximum Deferred Sales Charge (Load) (as a % of the lesser of amount purchased or redeemed) rr_MaximumDeferredSalesChargeOverOther none
Redemption Fee (as a % of amount redeemed) rr_RedemptionFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 11.99%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.07% [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 13.31%
Less Fee Waiver and/or Expense Limitation rr_FeeWaiverOrReimbursementOverAssets 9.24% [2]
Net Annual Fund Operating Expenses rr_NetExpensesOverAssets 4.07%
1 Year rr_ExpenseExampleYear01 $ 864
3 Years rr_ExpenseExampleYear03 3,215
5 Years rr_ExpenseExampleYear05 5,192
10 Years rr_ExpenseExampleYear10 8,863
SCS Tactical Allocation Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] cik0001464413_SupplementTextBlock
497 1 r497e0613.htm STARBOARD INVESTMENT TRUST - SCS TACTICAL ALLOCATION FUND
STARBOARD INVESTMENT TRUST
 

 
SCS Tactical Allocation Fund
 
 

Prospectus Supplement
June 28, 2013
 
This supplement to the Prospectus dated December 31, 2012 for the SCS Tactical Allocation Fund, a series of the Starboard Investment Trust, updates the information described below.  For further information, please contact the Fund toll-free at 1-800-773-3863 .  You may obtain copies of the Prospectus and Statement of Additional Information, free of charge, by writing to the Fund at Post Office Box 4365, Rocky Mount, North Carolina 27803 or calling the number above.
 
The section of the Prospectus entitled "Summary – Fees and Expenses of the Fund" is being amended in its entirety to read as follows:
 
FEES AND EXPENSES OF THE FUND
 
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.  You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.  More information about these and other discounts is available from your financial professional and in the section "Purchasing Shares" in this prospectus and the section "Additional Purchase and Redemption Information" in the Fund's statement of additional information
 
Shareholder Fees
 
(fees paid directly from your investment)
 
Maximum Sales Charge (Load) Imposed On Purchases
   (as a % of offering price)
4.75%
Maximum Deferred Sales Charge (Load)
   (as a % of the lesser of amount purchased or redeemed)
None
Redemption Fee
   (as a % of amount redeemed)
None

Annual Fund Operating Expenses
 
(expenses that you pay each year as a percentage of the value of your investment)
Management Fees
1.00%
Distribution and/or Service (12b-1) Fees
0.25%
Other Expenses
11.99%
Acquired Fund Fees and Expenses1
0.07%
Total Annual Fund Operating Expenses
13.31%
   Fee Waiver and/or Expense Limitation2
9.24%
   Net Annual Fund Operating Expenses
4.07%
 
 
Page 1 of  2
 
1. "Acquired Fund" means any investment company in which the Fund invests or has invested during the previous fiscal year.  The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.
 
 
2. The Advisor has entered into an Expense Limitation Agreement with the Fund under which it has agreed to waive or reduce its fees and to assume any expenses of the Fund, if necessary, in an amount that limits the Fund's annual operating expenses (exclusive of interest, taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund's business, and, payments under the Rule 12b-1 distribution plan) to not more than 3.75% of the average daily net assets of the Fund through January 1, 2014.  The Fund's net expense ratio will be higher than 3.75% to the extent that it incurs expenses excluded from the Expense Limitation Agreement.  The Expense Limitation Agreement may not be terminated prior to that date.  The Advisor cannot recoup from the Fund any amounts paid by the Advisor under the Expense Limitation Agreement.
 
Example. This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.  The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.  The example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same.  Although your actual costs may be higher or lower, based on these assumptions your costs would be:
 
1 Year
3 Years
5 Years
10 Years
$864
$3,215
$5,192
$8,863
 
Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio).  A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.  These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance.  During the most recent fiscal year, the Fund's portfolio turnover rate was 67.51% of the average value of its portfolio.
 

 

 

 
 
Investors Should Retain This Supplement for Future Reference
Risk/Return [Heading] rr_RiskReturnHeading
Expense [Heading] rr_ExpenseHeading
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption
Operating Expenses Caption [Text] rr_OperatingExpensesCaption
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination January 1, 2014
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 67.51%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.
Expense Example [Heading] rr_ExpenseExampleHeading
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-773-3863
[1] "Acquired Fund" means any investment company in which the Fund invests or has invested during the previous fiscal year. The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.
[2] The Advisor has entered into an Expense Limitation Agreement with the Fund under which it has agreed to waive or reduce its fees and to assume any expenses of the Fund, if necessary, in an amount that limits the Fund's annual operating expenses (exclusive of interest, taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund's business, and, payments under the Rule 12b-1 distribution plan) to not more than 3.75% of the average daily net assets of the Fund through January 1, 2014. The Fund's net expense ratio will be higher than 3.75% to the extent that it incurs expenses excluded from the Expense Limitation Agreement. The Expense Limitation Agreement may not be terminated prior to that date. The Advisor cannot recoup from the Fund any amounts paid by the Advisor under the Expense Limitation Agreement.
XML 11 R2.xml IDEA: Risk/Return Summary - (SCS Tactical Allocation Fund) 2.4.0.8001701 - Document - Risk/Return Summary {Unlabeled} - (SCS Tactical Allocation Fund)falsefalsetrue1false falsefalseDuration_12_31_2012_To_12_31_2012_dei_LegalEntityAxis_cik0001464413_S000034417Memberhttp://www.sec.gov/CIK0001464413duration2012-12-31T00:00:002012-12-31T00:00:001false 0truefalsetruefalsefalsefalsefalsefalsefalse1falsefalsefalse00SCS Tactical Allocation Fundfalsefalsefalse1false truefalseDuration_12_31_2012_To_12_31_2012_dei_LegalEntityAxis_cik0001464413_S000034417Memberhttp://www.sec.gov/CIK0001464413duration2012-12-31T00:00:002012-12-31T00:00:00falsefalsecik0001464413_S000034417Memberdei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldicik0001464413_S000034417Memberdei_LegalEntityAxisexplicitMembernanafalse02false 4cik0001464413_SupplementTextBlockcik0001464413_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> 497 1 r497e0613.htm STARBOARD INVESTMENT TRUST - SCS TACTICAL ALLOCATION FUND <div style="margin-left: 0pt; display: block; line-height: 11.4pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">STARBOARD INVESTMENT TRUST</font><br /></div> <div style="margin-left: 0pt; display: block; line-height: 13.7pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 0pt; text-indent: 0pt;"> <div> </div><br /></div> <div style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 18pt; font-family: Times New Roman; font-weight: bold; display: inline;">SCS Tactical Allocation Fund</font></div> <div style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;"> <div style="display: block; line-height: 13.7pt; text-indent: 0pt;"> <div> </div></div> <div style="margin-left: 0pt; display: block; line-height: 13.7pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 0pt; text-indent: 0pt;"><br /></div></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">Prospectus Supplement</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">June 28, 2013</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">This supplement to the Prospectus dated December 31, 2012 for the SCS Tactical Allocation Fund, a series of the Starboard Investment Trust, updates the information described below.&nbsp;&nbsp;For further information, please contact the Fund toll-free at <font class="_mt" style="white-space: nowrap;">1-800-773-3863<a title="Call: 1-800-773-3863" style="overflow: hidden; cursor: hand; border-top: medium none; height: 16px; border-right: medium none; vertical-align: middle; white-space: nowrap; right: 0px; border-bottom: medium none; position: static !important; float: none; left: 0px; margin: 0px; border-left: medium none; display: inline; top: 0px; width: 16px; bottom: 0px;" href="blank#"> </a></font>.&nbsp;&nbsp;You may obtain copies of the Prospectus and Statement of Additional Information, free of charge, by writing to the Fund at Post Office Box 4365, Rocky Mount, North Carolina 27803 or calling the number above.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">The section of the Prospectus entitled "Summary &#8211; Fees and Expenses of the Fund" is being amended in its entirety to read as follows:</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">FEES AND EXPENSES OF THE FUND</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold;"><font class="_mt" style="font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.&nbsp;&nbsp;<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.&nbsp;&nbsp;More information about these and other discounts is available from your financial professional and in</font> the section "Purchasing Shares" in<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;"> this prospectus and the section "Additional Purchase and Redemption Information" in the Fund's statement of additional information</font></font></font></font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Shareholder Fees</font></div></td> <td valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr> <tr><td style="border-bottom: black 2px solid;" valign="bottom" width="55%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(fees paid directly from your investment)</font></div></td> <td style="border-bottom: black 2px solid;" valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Maximum Sales Charge (Load) Imposed On Purchases</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;(as a % of offering price)</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">4.75%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Maximum Deferred Sales Charge (Load)</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;(as a % of the lesser of amount purchased or redeemed)</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">None</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Redemption Fee</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;(as a % of amount redeemed)</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="bottom" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">None</font></div></td></tr></table></div> <div style="display: block; line-height: 11.4pt; text-indent: 0pt;"><br /></div> <div> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Annual Fund Operating Expenses</font></div></td> <td valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr> <tr><td style="border-bottom: black 2px solid;" valign="bottom" width="70%" colspan="2"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(expenses that you pay each year as a percentage of the value of your investment)</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Management Fees</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">1.00%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Distribution and/or Service (12b-1) Fees</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">0.25%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Other Expenses</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">11.99%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">Acquired Fund Fees and Expenses<font class="_mt" style="font-size: 70%; vertical-align: text-top; display: inline;">1</font></font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; text-decoration: underline; display: inline;"><font class="_mt" style="display: inline;">0.07%</font></font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Total Annual Fund Operating Expenses</font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">13.31%</font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;Fee Waiver and/or Expense Limitation<font class="_mt" style="font-size: 70%; vertical-align: text-top; display: inline;">2</font></font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; text-decoration: underline; display: inline;"><font class="_mt" style="display: inline;">9.24%</font></font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp;&nbsp;&nbsp;<font class="_mt" style="font-weight: bold; display: inline;">Net Annual Fund Operating Expenses</font></font></div></td> <td style="border-right: #000000 0.5pt solid; border-bottom: black 2px solid; border-left: #000000 0.5pt solid;" valign="middle" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">4.07%</font></div></td></tr></table></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt;"> <div> <div style="width: 100%;" align="left"><font class="_mt" style="font-size: 8pt; font-family: Times New Roman; display: inline;">&nbsp; </font></div></div> <div style="width: 100%;"> <div style="text-align: center; width: 100%;"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">Page 1 of&nbsp; 2</font></div> <div style="text-align: center; width: 100%;"> </div></div> <div> <div style="width: 100%;" align="right"><font class="_mt" style="font-size: 8pt; font-family: Times New Roman; display: inline;">&nbsp; </font></div></div></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-style: italic; display: inline;"><font class="_mt" style="display: inline;">1. </font>"Acquired Fund" means any investment company in which the Fund invests or has invested during the previous fiscal year.&nbsp;&nbsp;The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-style: italic; display: inline;"><font class="_mt" style="display: inline;">2. </font>The Advisor has entered into an Expense Limitation Agreement with the Fund under which it has agreed to waive or reduce its fees and to assume any expenses of the Fund, if necessary, in an amount that limits the Fund's annual operating expenses (exclusive of interest, taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund's business, and, payments under the Rule 12b-1 distribution plan) to not more than 3.75% of the average daily net assets of the Fund through January 1, 2014.&nbsp;&nbsp;The Fund's net expense ratio will be higher than 3.75% to the extent that it incurs expenses excluded from the Expense Limitation Agreement.&nbsp;&nbsp;The Expense Limitation Agreement may not be terminated prior to that date.&nbsp;&nbsp;The Advisor cannot recoup from the Fund any amounts paid by the Advisor under the Expense Limitation Agreement.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Example. </font>This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.&nbsp;&nbsp;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.&nbsp;&nbsp;The example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same.&nbsp;&nbsp;Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div align="center"> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="85%"> <tr bgcolor="#000000"><td style="border-top: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">1 Year</font></font></div></td> <td style="border-top: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">3 Years</font></font></div></td> <td style="border-top: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">5 Years</font></font></div></td> <td style="border-top: #000000 0.75pt solid; border-right: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;"><font class="_mt" style="color: white; display: inline;">10 Years</font></font></div></td></tr> <tr><td style="border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$864</font></div></td> <td style="border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$3,215</font></div></td> <td style="border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$5,192</font></div></td> <td style="border-right: #000000 0.75pt solid; border-bottom: black 2px solid; border-left: #000000 0.75pt solid;" valign="top" width="15%"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">$8,863</font></div></td></tr></table></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Portfolio Turnover.</font> The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio).&nbsp;&nbsp;A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.&nbsp;&nbsp;These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance.&nbsp;&nbsp;During the most recent fiscal year, the Fund's portfolio turnover rate was 67.51% of the average value of its portfolio.</font></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 12.55pt; text-indent: 0pt;"><br /></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 12.55pt; text-indent: 0pt;"><br /></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="display: block; line-height: 12.55pt; text-indent: 0pt;"><br /></div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify">&nbsp;</div> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;"><font class="_mt" style="text-decoration: underline; display: inline;">Investors Should Retain This Supplement for Future Reference</font></font></div> </div>falsefalsefalseus-types:textBlockItemTypestringSupplement text block for Fees, Expenses and Portfolio TurnoverNo definition available.false03false 4rr_RiskReturnHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData" style="margin-left: 0pt; display: block; line-height: 20.5pt; margin-right: 0pt; text-indent: 0pt;" align="center"><font class="_mt" style="font-size: 18pt; font-family: Times New Roman; font-weight: bold; display: inline;">SCS Tactical Allocation Fund</font></div>falsefalsefalsexbrli: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 2 false04false 4rr_ExpenseHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; font-weight: bold; display: inline;">FEES AND EXPENSES OF THE FUND</font></div>falsefalsefalsexbrli: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph d -Subsection instructions false05false 4rr_ExpenseNarrativeTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold;"><font class="_mt" style="font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.&nbsp;&nbsp;<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;"><font class="_mt"><font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $<font class="_mt">50,000</font> in the Fund.</font></font>&nbsp;&nbsp;More information about these and other discounts is available from your financial professional and in</font> the section "Purchasing Shares" in<font class="_mt" style="font-weight: normal; color: #221e1f; display: inline;"> this prospectus and the section "Additional Purchase and Redemption Information" in the Fund's statement of additional information</font></font></font></font></div> </div>falsefalsefalseus-types:textBlockItemTypestringThis 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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph b -Subsection instructions false06false 4rr_ShareholderFeesCaptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData"> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Shareholder Fees </font> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(fees paid directly from your investment)</font></div></div></td> <td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr></table></div>falsefalsefalsexbrli:stringItemTypestringShareholder Fees (fees paid directly from your investment).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subsection table false07false 4rr_ShareholderFeesTableTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> &lt;div style="display:none;" &gt;~ http://www.ncfunds.com/role/ScheduleShareholderFeesScsTacticalAllocationFund column period compact * column dei_LegalEntityAxis compact cik0001464413_S000034417Member column rr_ProspectusShareClassAxis compact * row primary compact * ~&lt;/div&gt; </div>falsefalse<div> &lt;div style="display:none;" &gt;~ http://www.ncfunds.com/role/ScheduleShareholderFeesScsTacticalAllocationFund column period compact * column dei_LegalEntityAxis compact cik0001464413_S000034417Member column rr_ProspectusShareClassAxis compact * row primary compact * ~&lt;/div&gt; </div>falsehttp://www.ncfunds.com/role/ScheduleShareholderFeesScsTacticalAllocationFund001702 - Schedule - Shareholder Fees - {SCS Tactical Allocation Fund}truefalsefalse1falseColumnperiodPeriod*Columndei_LegalEntityAxisAxiscik0001464413_S000034417MemberColumnrr_ProspectusShareClassAxisAxis*ColumnunitUnit*duration2012-12-31T00:00:002012-12-31T00:00:00falsefalseSCS Tactical Allocation Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldicik0001464413_S000034417Memberdei_LegalEntityAxisexplicitMemberfalsefalseSCS Tactical Allocation Fundrr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldicik0001464413_C000105882Memberrr_ProspectusShareClassAxisexplicitMemberSCS Tactical Allocation FundSCS Tactical Allocation FundUnit1Standardhttp://www.xbrl.org/2003/instancepurexbrli0Standard0 USDfalsefalseduration2012-12-31T00:00:002012-12-31T00:00:00$1falseRowprimaryElement*3false 4rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPricerr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabelrr:NonNegativePure4TypepureMaximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 1 -Subsection table false0 0rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPricerr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue0.04750.0475falsefalsefalserr:NonNegativePure4TypepureMaximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 1 -Subsection table false02falseRowprimaryElement*4false 4rr_MaximumDeferredSalesChargeOverOtherrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabelrr:NonNegativePure4TypepureMaximum Deferred Sales Charge (Load) (as a percentage of ____) "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 2 -Subparagraph a -Clause i -Subsection instructions false0 0rr_MaximumDeferredSalesChargeOverOtherrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue00falsefalsefalserr:NonNegativePure4TypepureMaximum Deferred Sales Charge (Load) (as a percentage of ____) "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 2 -Subparagraph a -Clause i -Subsection instructions false03falseRowprimaryElement*5false 4rr_RedemptionFeeOverRedemptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabelrr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 2 -Subparagraph b -Subsection instructions false0 0rr_RedemptionFeeOverRedemptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue00falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 2 -Subparagraph b -Subsection instructions false0falseShareholder Fees - UnKnownUnKnownUnKnownUnKnownfalsefalsefalseSheet13021307ColumnperiodPeriod*Columndei_LegalEntityAxisAxiscik0001464413_S000034417MemberColumnrr_ProspectusShareClassAxisAxis*ColumnunitUnit*RowprimaryElement*falseus-types:textBlockItemTypestringContains a command for the SEC Viewer for the role corresponding to ShareholderFeesData.No definition available.false08false 4rr_OperatingExpensesCaptionrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData"> <table style="font-size: 10pt; font-family: times new roman;" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="55%" align="left"> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="left"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-weight: bold; display: inline;">Annual Fund Operating Expenses </font> <div style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: times new roman; font-style: italic; display: inline;">(expenses that you pay each year as a percentage of the value of your investment)</font></div></div></td> <td style="border-top-color: ; border-bottom-color: ; border-right-color: ; border-left-color: ;" valign="bottom" width="15%"><font class="_mt" style="font-size: 10pt; font-family: times new roman; display: inline;">&nbsp; </font></td></tr></table></div>falsefalsefalsexbrli:stringItemTypestringAnnual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investment)Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 7 -Subsection table false09false 4rr_AnnualFundOperatingExpensesTableTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> &lt;div style="display:none;" &gt;~ http://www.ncfunds.com/role/ScheduleAnnualFundOperatingExpensesScsTacticalAllocationFundNew column period compact * column dei_LegalEntityAxis compact cik0001464413_S000034417Member column rr_ProspectusShareClassAxis compact * row primary compact * ~&lt;/div&gt; </div>falsefalse<div> &lt;div style="display:none;" &gt;~ http://www.ncfunds.com/role/ScheduleAnnualFundOperatingExpensesScsTacticalAllocationFundNew column period compact * column dei_LegalEntityAxis compact cik0001464413_S000034417Member column rr_ProspectusShareClassAxis compact * row primary compact * ~&lt;/div&gt; </div>falsehttp://www.ncfunds.com/role/ScheduleAnnualFundOperatingExpensesScsTacticalAllocationFundNew001703 - Schedule - Annual Fund Operating Expenses - {SCS Tactical Allocation Fund}truefalsefalse1falseColumnperiodPeriod*Columndei_LegalEntityAxisAxiscik0001464413_S000034417MemberColumnrr_ProspectusShareClassAxisAxis*ColumnunitUnit*duration2012-12-31T00:00:002012-12-31T00:00:00falsefalseSCS Tactical Allocation Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldicik0001464413_S000034417Memberdei_LegalEntityAxisexplicitMemberfalsefalseSCS Tactical Allocation Fundrr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldicik0001464413_C000105882Memberrr_ProspectusShareClassAxisexplicitMemberSCS Tactical Allocation FundSCS Tactical Allocation FundUnit1Standardhttp://www.xbrl.org/2003/instancepurexbrli0Standard0 USDfalsefalseduration2012-12-31T00:00:002012-12-31T00:00:00$1falseRowprimaryElement*3false 4rr_ManagementFeesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabelrr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph a -Subsection instructions false0 0rr_ManagementFeesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue0.010.01falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph a -Subsection instructions false02falseRowprimaryElement*4false 4rr_DistributionAndService12b1FeesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabelrr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 9 -Subsection table false0 0rr_DistributionAndService12b1FeesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue0.00250.0025falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 9 -Subsection table false03falseRowprimaryElement*5false 4rr_OtherExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabelrr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph c -Clause i -Subsection instructions false0 0rr_OtherExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1truetruetrue0.11990.1199falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph c -Clause i -Subsection instructions false04falseRowprimaryElement*6false 4rr_AcquiredFundFeesAndExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalserr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table false0 0rr_AcquiredFundFeesAndExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse[1]1truetruetrue0.00070.0007falsefalsefalserr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table false05falseRowprimaryElement*7false 4rr_ExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalsetotalLabelrr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph d -Subsection instructions true0 0rr_ExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalsetotalLabel1truetruetrue0.13310.1331falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph d -Subsection instructions true06falseRowprimaryElement*8false 4rr_FeeWaiverOrReimbursementOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsetruenegatedrr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table false0 0rr_FeeWaiverOrReimbursementOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsetruenegated[2]1truetruetrue0.09240.0924falsefalsefalserr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table false07falseRowprimaryElement*9false 4rr_NetExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalsetotalLabelrr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table true0 0rr_NetExpensesOverAssetsrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalsetotalLabel1truetruetrue0.04070.0407falsefalsefalserr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table true01"Acquired Fund" means any investment company in which the Fund invests or has invested during the previous fiscal year. The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.2The Advisor has entered into an Expense Limitation Agreement with the Fund under which it has agreed to waive or reduce its fees and to assume any expenses of the Fund, if necessary, in an amount that limits the Fund's annual operating expenses (exclusive of interest, taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund's business, and, payments under the Rule 12b-1 distribution plan) to not more than 3.75% of the average daily net assets of the Fund through January 1, 2014. The Fund's net expense ratio will be higher than 3.75% to the extent that it incurs expenses excluded from the Expense Limitation Agreement. The Expense Limitation Agreement may not be terminated prior to that date. The Advisor cannot recoup from the Fund any amounts paid by the Advisor under the Expense Limitation Agreement.falseAnnual Fund Operating Expenses - UnKnownUnKnownUnKnownUnKnownfalsefalsefalseSheet170617011ColumnperiodPeriod*Columndei_LegalEntityAxisAxiscik0001464413_S000034417MemberColumnrr_ProspectusShareClassAxisAxis*ColumnunitUnit*RowprimaryElement*falseus-types:textBlockItemTypestringContains a command for the SEC Viewer for the role corresponding to OperatingExpensesData.No definition available.false010false 4rr_ExpenseExampleHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Example. </font></font></div>falsefalsefalsexbrli:stringItemTypestringHeading for Expense Example.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 4 -Subsection instructions false011false 4rr_ExpenseExampleNarrativeTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.&nbsp;&nbsp;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.&nbsp;&nbsp;The example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same.&nbsp;&nbsp;Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></div> </div>falsefalsefalseus-types:textBlockItemTypestringThe 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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 1 -Subsection example false012false 4rr_ExpenseExampleWithRedemptionTableTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> &lt;div style="display:none;" &gt;~ http://www.ncfunds.com/role/ScheduleExpenseExampleTransposedScsTacticalAllocationFund row period compact * row primary compact * column dei_LegalEntityAxis compact cik0001464413_S000034417Member column rr_ProspectusShareClassAxis compact * ~&lt;/div&gt; </div>falsefalse<div> &lt;div style="display:none;" &gt;~ http://www.ncfunds.com/role/ScheduleExpenseExampleTransposedScsTacticalAllocationFund row period compact * row primary compact * column dei_LegalEntityAxis compact cik0001464413_S000034417Member column rr_ProspectusShareClassAxis compact * ~&lt;/div&gt; </div>truehttp://www.ncfunds.com/role/ScheduleExpenseExampleTransposedScsTacticalAllocationFund001704 - Schedule - Expense Example {Transposed} - {SCS Tactical Allocation Fund}truefalsefalse1falseColumnperiodPeriod*ColumnprimaryElement*3false 4rr_ExpenseExampleYear01rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabelrr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 4 -Subsection instructions false2duration2012-12-31T00:00:002012-12-31T00:00:00 USDfalsefalseduration2012-12-31T00:00:002012-12-31T00:00:00$2falseColumnperiodPeriod*ColumnprimaryElement*4false 4rr_ExpenseExampleYear03rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabelrr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 2 -Subsection example false2duration2012-12-31T00:00:002012-12-31T00:00:00 USDfalsefalseduration2012-12-31T00:00:002012-12-31T00:00:00$3falseColumnperiodPeriod*ColumnprimaryElement*5false 4rr_ExpenseExampleYear05rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabelrr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 2 -Subsection example false2duration2012-12-31T00:00:002012-12-31T00:00:00 USDfalsefalseduration2012-12-31T00:00:002012-12-31T00:00:00$4falseColumnperiodPeriod*ColumnprimaryElement*6false 4rr_ExpenseExampleYear10rr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabelrr: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 2 -Subsection example false2duration2012-12-31T00:00:002012-12-31T00:00:00 USDfalsefalseduration2012-12-31T00:00:002012-12-31T00:00:00$1falseRowdei_LegalEntityAxisAxiscik0001464413_S000034417MemberRowrr_ProspectusShareClassAxisAxis*RowunitUnit*falsefalseSCS Tactical Allocation Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldicik0001464413_S000034417Memberdei_LegalEntityAxisexplicitMemberfalsefalseSCS Tactical Allocation Fundrr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldicik0001464413_C000105882Memberrr_ProspectusShareClassAxisexplicitMemberSCS Tactical Allocation FundSCS Tactical Allocation FundUnit12Standardhttp://www.xbrl.org/2003/iso4217USDiso42170 0truefalsefalsefalsefalsefalsefalsefalsefalse1truefalsetrue864864falsefalsefalse2truefalsetrue32153215falsefalsefalse3truefalsetrue51925192falsefalsefalse4truefalsetrue88638863falsefalsefalsenanafalse0falseExpense Example - (USD $)UnKnownUnKnownUnKnownUnKnownfalsefalsefalseSheet413041017ColumnperiodPeriod*ColumnprimaryElement*Rowdei_LegalEntityAxisAxiscik0001464413_S000034417MemberRowrr_ProspectusShareClassAxisAxis*RowunitUnit*falseus-types:textBlockItemTypestringContains a command for the SEC Viewer for the role corresponding to ExpenseExample.No definition available.false013false 4rr_PortfolioTurnoverHeadingrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;"><font class="_mt" style="font-weight: bold; display: inline;">Portfolio Turnover.</font> </font></div>falsefalsefalsexbrli: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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 5 -Subsection instructions false014false 4rr_PortfolioTurnoverTextBlockrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData" style="margin-left: 0pt; display: block; line-height: 12.55pt; margin-right: 0pt; text-indent: 0pt;" align="justify"><font class="_mt" style="font-size: 10pt; font-family: Times New Roman; display: inline;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio).&nbsp;&nbsp;A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.&nbsp;&nbsp;These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance.&nbsp;&nbsp;During the most recent fiscal year, the Fund's portfolio turnover rate was <font class="_mt">67.51</font>% of the average value of its portfolio.</font></div> </div>falsefalsefalseus-types:textBlockItemTypestringDisclose 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: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subsection example false0falseRisk/Return Summary - (SCS Tactical Allocation Fund) (SCS Tactical Allocation Fund)UnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.ncfunds.com/role/DocumentRiskReturnSummaryUnlabeledScsTacticalAllocationFund114 ZIP 12 0001464413-13-000176-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001464413-13-000176-xbrl.zip M4$L#!!0````(`!AT\D*CP]16EA4``*S(```:`!P`8VEK,#`P,30V-#0Q,RTR M,#$S,#8R."YX;6Q55`D``\\TZ%'/-.A1=7@+``$$)0X```0Y`0``[3UK<^)& MMM]3E?_043*;Y)8!"8P?C#U;C!^5V9VQIPRYN_O)U4B-T1VAUG9+QNR'_>WW MG&Y)2"!A\/@!ME))Q4BMT^=]3I]^'?WU;NR16R:DR_UCPZJ;!F&^S1W7OSDV M(EFCTG9=XZ\??OSAZ*=:[9\?KSX3A]O1F/DAL06C(7/(Q`U'Y$1P*8>N8&0P M)5?N+0M)CP_#"84G,7S2KN_5+=.LFV04AD>9A,)G6!;677(?5M9NB6'<_UORUICJ\'@%?2_&ZA_:2E6EN'AX<-]39M M"H`<-VV;A;O7T"^3IK;[S31-:W=O=]=JY:#[]C#R'8E\4D2;>\V#Y"N'S4&/ M9`.>80>'-=.JM:RDI1#YAI+9]1M^VQ`"@9HULUF;@<46[AH<="7?;5K[R[[0 M+0P0$B%'R*..M$=L3*_8D"B>=<)IP(X-Z8X##P&K9R/!AL=&CC>UA`?U.^D8 MI*$AHH9P/V1WH(/,#D'UE$+`&SM^[#K'QFDD*+Z[MIK7+>L:(#6O^SS["YAW M_9G=4._,#]UPVKUSY76N^^L>_&VVX,_]+VP\8.):B.NO8`D!=!O)W@A4^L2C M4A9\>H)_F^V#@Z;^5',#<&2JL_@7_'8=?#)TF2"*2RS'V41T)Y_^;GR8@3]J MS#Z;@9+L!BTW?0"/M.)UV%W@N;8;:ER(XT([[1.`"9TY)A@?!'C5@='Z";3ZXMV\B4!QCL&[*Z#55[<-9_^NZ"IX[P M&4H=7V;T?0SI^]TZ-&\E"#QT^+@"S`4)&M$\"?Y2``O7X$06@> M/WA^YC&5!\W'F+R4HB#0[?I`\D>/V]](3/\5AK.G4>J_>.%[Q[W]RTWXGNP> M[A.+"/@?,_>L5GT4CDFOW[WZ>-F].B6?+O[WK-?_/Z-8\-PPXQ M`^C2<67@T6F'#)#>]P3"-ZN-F'LS@A:65=_%1O%G0C]5WR%7:JZ/-J2?&(1Z M[@W8@PV/@#`D"'L?)CZL=O)S%>`^XY&=1='[%^K[HL9QX"2'SRBDJ/94W!E-O5(UP.BE&,BYS#@6%#SURG"E7!XB.$D]OLPVWE+?J3, M5SPR'YKU]K/8YR,&H=EPB,R2BB647_D2B)3=24A)^&(D8PN.ZJ2=\IL/09J64J>3>A,J*;+PM(.H43"R`(0 MX4/=&H8G`TZ%0S[YMTR&JM.^`(IW2!1@7U*U MD5;ZUSE@,XP$?"JRW^X0((Q*IE)Z0%+!1LR`4,^K#05CA(9D&92"47(,4(+]E8@AT=,C( M=4#\[XD="#YT6DD%0G9S`'/`SY>`YHP*6++.T`'YZ'KUSG8\ZI)%/'JHXGKA*,9S1HQ?&,076\<>-3_]K,Q"\PT M]3")NRG4F'_Q"-";$CX(J>N#@@09-)52G%`W7[RF5(+H=#UV;D([\CNZV]]@Z8J?UM2K[P MR`=;N`#.CL@)%1P80DES_\!L$=!QD*JG(`(X/U(620>@4?7*OVZH?V7@`57] MH4"W5(''`\=F]*(QT#`EBE,_'S0MZSTY9TRKW]E=P'PYTT[4(X.`XQXPU`4* MFND`$-!B-]1`!0NGJ'6"4=`X"9B#8Y[(3J4E*V.&T%\JE3P_.^N1[L4I.?OG MU[.+'ORX/"?]/\Y4B:>2X49:^KWPY`/YSA^KG()JJAB/`A$B\'_(]I1T`!JFD3L8&^D-1F#P M>OH9^D/%ERB,!,1CX`7F@B'YI6WNF*:9O"\E^0L7^404(FVD4DA(*!$/KM+- M#(K`_UOJ>DHX0\'',:80P7W;A7PA$'S(I-3)`T)P_9PU*WR2<&%\C01P0:*+ M5Q-LTHC;/[X6!#&(SS\-$7JT#,?7O`!D; M_U9I\[%AF>:[N(2ENA0)UT*'W,8$Z*0Z_:3=?K<8`[/W MM93J.X7RRI0O7T_XV53_$#5;L8IZOFH?5RB7+_3.'4=CTE,)UHE.L'[[S*GS M._DT#CBNYKOTT_!>[O!>/:<*$^#TK]]@0$W).TQE^'#(!"9H@7!M]CW6''.@ M2(WGRW*/:`C6"_OI1YF-6$VFN_7]]KM5!%3YIA?T3:<,#$J`(RIP4I4_NMDSXUF25PU]PO<0>4;MJ+$ MU.W*UB^"MP'_?VOD+\N&#AV@E!Y21>VDFL M*MW=XG3]\::O-V]'23EF#SDLI01XL@G;A*C[8*^PPE$XZT^OKG;Z2`[_DC:* M-W$BH;5XMOD\_>[A.KT:K5]Q2M(B?)@ANB!M*:=T)2I6.ZVS0S34YL/@[T(SQEPA[-SCO0C22N M/1U1&?\$8$XDDH,,`L%N71Y),G0EGB*"$_6%.S)Q-[VQRJC>4'5!X_YHCX'3 M\XC/0Y!JF,'[5TEN\,AD!<@'./'"`J+R5$D$P\,O]*Y[]4VZR?,/4`L/54/J M+3\9B+.=H.F&2+D3,TRPH8IS:@AHFQZ;BA M@J;V?^/)/F2"189XM7MD,W4L1KH]'KN2,AHSY<.*#&P'-YO[S&924C'=01,' MY.)EK&I=D8<(RJQI4^UF"BSW-W8'-BH51D,D%4C&'>LAO6-@_0/!O\$W-YD- M_.!,QZ[:)H[ON1!\@A!M+M%=T,34\:3QQ5W_._&V=/7;<7'ONXSYA&>]VS10 M,OZ/=EW4AI&W@\>#:_[>,!^0\;PIOF$!.CAL`H3'NYS`?05>MI=04(``CDUD MF!F[IDB(F8=,6P$X(5F6X<"_`7#(!X;O(#$[N&A+><=8SMCP*O(@-\+U"*B= MLR4+H';^[RA5Y<1QSSZ(R"V+$-FL]Q=3>( M->%,,XNZ-XAT.9 MSB<6AH-V?@<#&=RH$V..C;CNF)KZ0H53'=(WJT[N M?W^!<[^HP@G=5.7->[N,C_E11SR6S9V2?X%9/U9]NY+^=DF_I:3_:-,;E?BW M2_SMYQ;_POQ7I2(;KB*6^4`=>>)`O MXI*D?HZ%?DE"07U)]4FS\2R'C'#"0N;G0B98*'-#/,!83WI(+'+@(;41GK2/ MDRU<$`/K6))@KX::^@D2;'XOKE`E%:BT'0ECK+&@SU2=*JG8I47]>905/MA2 M,!EYZO3AI"E.]&C<%BU+S0T53R2(I4,95PAU"AT.6N1WC5XD%1G4TKV\7E_5.9]/W8ZRJ"H;^ M)CN#OY,#5\+:"8AX;[_>MA:F:M(=^3D)OI*Y@-7P>/`Y*!4#*@9L.@/>.&8O M>U?9LB[77I&O;W+B0I+>2,W)7#%UI8Z:Q9M=A:9FPL[58?S08L@$@]BR6JTA MMV#QJ''O#:[ZHE>\H[>+=Z/@NW./WJQWL:OQ84@]R8X:"W!FX$^Y'>%3=>$] M`,,[==?M!6]'JYE[M>:![JH(YF*/9RIBN[?L,;O,`5WL\ZN:=#S35P<_5I\Y MH(M]]J?!VEVI_?;Y7A#,#/B9NJGW!)X+ZGT"];[[.YNNVXN9N5:Z%.A\GU?L M!M>N4#^\H..U"2N_/2V+0KX/C8$0G62)(&9DN$"PZSO)\L!+R+FZ>D$,WL;\ M*63C&I)G//E5R-="7)?=(S_WZ?PU\@;!6Z`59OKZ:`).RQV#S0(%%^<@H#I\ ML7_46)7V&:=4_HQMTP6C2>L^)NDO=5.TBF#%:82Z1\W0+:#I?TGF,G3?UJL: M8"C5$-QCC9X]8D[DL25T]FR97.HWN],/6V*PL;D7C?UX#8)>AP&#A_])GA>0 MF39:3FX"88E29+H3?((+EL9Z35GR]+\)EU2\B/DQ%T#6D7&J%=ESIC?C/(^=K%2UV(+[B8IH M47-X:G51OI"2N\0H^T;)L%PDY5+[XOIX%/@'LD\MR3D>;"TK: MQB^*Z;L'^7FJX^5G?S#JZ!6VS^3.$\E^@4P9\AYJ5-7$M1<)EHX6LIJ1%W") M^"^H0%G?OEQ@?VM:42WPK!9X/L("S\6T[C[#+O$`_P`%FIWK_JJ2_#RA?9RV M4%?]E&;X.J^>S^V+D^UGSOA7S.U7EVV).N`R&-/:ID0^ER29QH>#O=T"5FBZ MEA'=VF:B6TVK749U:QG5[6VFNFT=-LNH;B^AVC*WF>J#@[U6"=66.4_U&\OO MM^_JZJPD2W+U*DG?[*';>I^\VANMRVHW57W**5B[D?ZHKM_>\NNW2[/P^\=@ M\H*')UP(YN&`N<^O$*'3B/7Y_+3-,WC\ZHB1AQXQDA7ZZB)=4(97,Y%BM5I6 MCB<%4R;``7T@YJ6X8NYX@`ZF+SS%P7[Z\.W>D[MJ<6AYHDPT0]+AQ08L&7YD%JURR-HSWV"XSH[OY["5 MS;RTLWROFG+)94YWYI4QLK^ZD&19AX>:_F+R4O*_SC83=76%QO6`@*\C[C]] MQK)\;9C:$%_#J,*P:#,1-(AWP]<.3+.VO]^JM>;W-BJ:E]$T(SS9MY1L@WMC M,Q&;6ZY^X+[%Y3,89>(NUX>KM5?2/\**NJPI[Z(A[^VWK6("KM)%^45OJZF8 M9ULO56V7K;;+ZNVR9;,O:AMMSC]]]Y[:Q:)^N0N8>8DTWWC@-J%F#?Z-:Z=Y M8&D?LVF/>M/,`(>$,E!52+@(@$Z$JAE/V>V5NOG'ATP+[/E M^MH;>`9IY$`GF'=%O@LJ[`0,_'D/VG&+QA#X7DL@)I^C^UI`(NZ*'QL)7VN( MM_(IX"[FL5R/`YYI&+6923PMW8 M@^>82#&_]F?/^/!"US014JV8>OB*J9S>O)`R-0N4J;JHI[JH9_LNZB'IL8*; M<"V/QN9Q+N'1L)[QRITBUS3W#/,H>'[40*<#?_P_4$L#!!0````(`!AT\D*- MKDOP$P,``%P/```>`!P`8VEK,#`P,30V-#0Q,RTR,#$S,#8R.%]C86PN>&UL M550)``//-.A1SS3H475X"P`!!"4.```$.0$``-57T6[:,!1]G[1_\++G)'8" M@2!81;M-F@1%@DWK6V4<`U83A]E.0S7MWV>'A)*M%&A5T3XEL<^]]YQ[["3N MGJV2&-Q2(5G*>Q9RH`4H)VG$^+QG9=+&DC!FG7UZ_Z[[P;:OSL<#$*4D2RA7 M@`B*%8U`SM0"7(A4RAD3%$SOP)C=4@4FZ4SE6(^4^4'3"1P$H0/!0JEEQW7S M/'>$PVRVCF6.KN.*\IZ#MK,7)254]X!+1=!UX/(!^V.ASJ-%N@/ M-\"A5C)C>Y$QXS=370WH;G#9L[;HK:8B=E(QUX'0=RN@M49V5I+5T+E?89%[ M-1Q,R((FV&9<*LS)?91)\U`<"L/0+68U5+*.+.('*<&J\&S[_LEI2+JF<$/D=$\4(COMQ M7$HSR$N:6\!P^#'^5I/*R4Q/2[,V7#/O/KN*NQ:L)TD6%U,#+:\4:4J\;IK2N$V3]07XWMT(:>71HOQ/4E5165D=[Q M?2GUOJYRQGA*XYZU"W8=^(W01ZVVUT1-%**F'U0NO1C?0\@^R+0)0]@PB[[E M-X-V&&XQW5I1?5$GC06I\NO;_Q99?;>6"%=F25)DLYFB214_$VER9"]+)NDQ MJE(14:$_"A;(I":;+@T1'%L@IVR^4,7,"WLTQ!S/J?G:?*6/.[4+65<6!"&$ MI_/KP,;7S#I*V"NP[#.32K!I5O241Q,J;AFAR)NB?18>&OGF+7V6T-)B[X06 MC]2"BD->GSN`;][`8W25?ODG]*M/?F7ZSSPR?P%FA>DU=XA[!X6]>2^?KK)T MMG%"9S7AGU@?H,1(C"E+IIF0Q:?B,5OWQ[PJ3Y_XC_-$E8>_7;ON/\<'H/]!]7VY`^K(+W$2!^L>LO$>ND#>8.=P5Q3%@I9IFUA) M="DIR6*Q_[VD+-NQ+5(2;8M*.I_B6$/-,S/4B,^0-#_\^N*YUA-F`:%^K]8\ M:=0L[#MT3/QIKQ8%=10XA-1^_<=?__+A;_7ZGQ\'-]:8.I&'_=!R&$8A'EO/ M))Q9UXP&P80P;(V^60/RA$-K2"?A,^+?)/>W.B=G)\U&XZ1AS<)P?FG;S\_/ M)TS(!HGHB4.]>CW1]A$%_.Z\7:RV==)<7;E.-%/_TCJWFPV[U6BVK8O+5O/R M]-RZNET)WG)+)B13TB7^UQ'79G%O^$&O]@K>RXBY)Y1-><-&VUX*UA:2ER\! MV9!^;B]EF_:?MS=#9X8]5"=^$"+?6;<2MTEKU^QVNW9\=27*U8_#E>QK-!U[ M<9&+!N0RB%7=4`>%<2@S3;"D$N*_^E*L+KZJ-UOU=O/D)1C7N+LLZP.C+A[@ MB15CO0R_S7&O%A!O[@H;X^]F#$]Z-8=\;7!?G)Z=GC;;=>'[QEGK0MSHIW[2 MC08D^#K`8<3\8>1YB'W[W7?1"+MX/'2"1^2$Q$'NE>LFEOT6^>.:)?3_/OB\ M8:;O3/BU0'0A6URW]])@'\Q0T0G&D8N',][!9]0=8_8;QL&^UA6_[>%-NO+] M"+GB[O=SS+@J?_KI98[]0('C#C\7M%!;R^$-3O1^>D&B^2-#?C"GP?Y==8_[ M']O(.SK`8^S-A<9C&UQ8U[&Z]",-D;O(&?(^]A&Q:_[PA5K=N:"&(QC*W\IH MFH+F\$'>3]7A3.^3P'%I$#&\?B7T<8B(VT:-67X<>,X.#>=[_MFK-]BT40XP9'1G7MHJ`(J%A^ MA0DQIR"L[4'/>N`OQ0YN+VHF, MG7J#(P)>::F/J8=(0;2[KOO8%?0NR/\?I;$@K=/(F?-YI6W5HJ MXA^%+GNAS$JT6=]7^GYPB9^'UT-KJ=5:J[6$WE\6](7;S+_>P!"+4;9/#F/L MRP,GP7/LA!&W>[0.<`RO5TL3L'4`A>B%^M3C:7G15:+`YE1]BM!<])BN[?-' M(_YOC(GH-]UZHYGPMY_X5U]N\!2YGWSNYV]7+R38@IDJL<*Y[BQ7;!,Q[V3+ M.R7]33-)4L:Y3*_67-YMPJB7[KU$/96`GC-"&?^O5^O6K"C@>&@\M$2N(<BHRP=OHGW+7O[RUF[T^@V3L5@\?RL==9MG941 M@.7KZR`12+7A<$%1C*LW+GT9\L^--O]X?IN\9S9-UWC1Q_2<>#Z?D*I+3E>`/GFWR^WX-)36WI$H83N8Y>DSB M\5WH;\K3FTFPPY-@UWPBU_=^JCE& M@W]B)!8.J)Z"E4BI#F\7?QQ2(!OT<3)-)G7P]O52O7M:W+O;>,V[]@XQ,;7\ MA&5)1"U:JL,[V@Y/@V[0]UMK%ZY1K%@RRD^1*]7K9\6]+L-='9?'[WI%E\\0 M+S4`YWL'8!N^P3CL+&61=GZY9*G>ORCN?3ER@XY7K";*>A@*-"TU--WBH2E@ MBOEW<[(Z*&OTLRU6+KUM:+^4MW%7QN$%QD2*%N6&08/Y9IM0F8C\0<+9JR5R M&?FJ2-MRHU24`1B!=Y0^3B0&P$G.+/7KQ=[MY_B)@S0P$.[CD!O)], M,./\^X$1)X6+:-[&\)J(?#'6M,U@G2)!W,<<$,/C5\ACG.%L)P?F;61X346A M@*DM,;F<9555Y$8(2.LO4A:VJ(0-+\+(%PZE!8:J2=H;_O,6E]J;Q:6%OKAN M9*TT6DN54&J"4A.4FJ#4!*4F*#5!J0E*35!J@E(3E)H.L.)17FQ2B!HI-V5" M?S\%)Q]-8R"",@HZ>!4$.$QY+-\L9*;H#!XD.?<*QD%,5.\\=#S)Z( M@YNM43,K'OE;&JX2Y8U/?H-,KN(6Y:JE(:KP2`4-%XGR1D.*W^1*;N>_$6%X M+(HP<87+'^<)1@!H:U-"@AO:>:FBO!_IY MZVGI;2I06U,94W*=[8@[(PN>'9N7F9VE[HJ,E5F)MDP*]F^NUHKU_@?8&+`Q M8&/`QLR_LX&-`1L#-@9L#-@8L+'*L;'E.#W.DW(")A$SPKF4D-\%S7K"#$U3 MV-9!9\+.M_C60FDZ[X)Y,&!>P+R`>0'S`N8%S,M\W@#F!,0$;>/0I3@.L1),Q><3ZV5\7^$/GNA MT%IHM(1*Z_M2J6!@/ZL8V"_`P("!`0,#!F;^/0T,#!@8,#!@8,#`@(%5CH') MC[I\=<1"BHP1OI5]+N=;W\&[-H#S'26K6%PWO&NW0$`6>`^WDS%_VH_F\T5L M9:?1YI`WO%E7[><<^$V>YK+"+CV'.47$\&;=S(Z=`MG\+EVI@[>O&]Z9F_>D M\0JY-NU,>HF7TT0-_Y)F7H>G03?H^ZWSDZZ1Y`PHF9SA7\S,]+H,M_FCT?X? MSKO;_7G-S(#!47>&CKKK:L<*3KD[,`5N:`R6]COA[F@AV/DY7>D;1BY9KO,U M.+$GT27A4_OXMS+)H:M!Q.L#B8]S4XMO;9%08?!#&Y<3]YQ,PC/DIG$%HW*3=8 M&B1;RRJ#H7R@+)Q0E]!';A/E(*4E<[EDN7-N&G1;#KU*GE<4TE6RY7I?9PY: M`;Y*_A^D3S"GBY7K=9V)YG3I'QE&7^>46RY6.-/(5PQ74V7+=;T&F5:! MKY+_;[GWO,C[[#_A(!0OJ0%>4)TK3Z#-$97,.Y0;*PW"7=PD\Q$,[FAX31G# M+G^DQX]T((81_0@_TFVN*N>!!6Y1;@SU)\>+V&0^B,FOPV6M4-@6*S<8^IQ] M&W=E'%Y@W8*B1;EAT*#LV294)B)5/I9#@Z[#F1S:WM;@VW`@A_:B2@TB#:=Q M:'M;@SCK'L5Q/,J,V80R#_D.OGI"A#N8N!S)PXSZ:@,"/KX;QZ`W%';*`0&XBI$PD"(W[2:=$<=@###F#8`0P[@(WO$SOX M#N"#)MMXMUKN7-O:RK6+UN\BU;[[C=*%LJP2/&R4AHW2L%$:-DI7;J-TRIOQ M@RUN.4(!YO_\#U!+`P04````"``8=/)"(NTE5>,+``!ZAP``'@`<`&-I:S`P M,#$T-C0T,3,M,C`Q,S`V,CA?;&%B+GAM;%54"0`#SS3H4<\TZ%%U>`L``00E M#@``!#D!``#-76MOVS@6_;[`_@>N%P.T0&S+<=-'MIU!FJ388I,F<#*8602+ M@I;HA*@L>D@Y'Q^.CM^\ M`R>7)?"21S+#C<@8)S^FO#3`[T;"/O4VZ*VF-!X0>L\-@_&P`/8RY/&*X0KZ M:5Q@1\,_+R]NP@A8QI4-A/TS0O:@:4<+[/B\D*^&?^;][0(!^GWPMO4@/2S;D6KN'<)$Y MB>$4QIDDYWM'F6E\Y;$42)+H:3_^TWO5P$<9LCCCYFW;6HXA2N2 MD#E&;%"7)N?Z89B0)/LK0EB(_$,_&!4BY__Z?I9GQUM>4BT:];+;RC;1$_5< MO^:LBO4%*[5;0(#`[$'U7B.*272>1&<\15E"JN'\5;B6<+WF*R`O$M`P,&LA M`P..!@+N41;G28K3YPFZQR)')>DW.->I0@]S+PH;W4(3.HQ329@)J+F_!`&! M\BZ$4ZY."N.O?%RR^@]Z-@:GX'Q)P4"XJH4:R(,8M`P4->0H(&&`XSSJX80G MJD@DJR\QO-?$5;ONOOZU!(MZKUQT6M^:DI5Z+C%`@/9@4""GI7RBUC`FJ,+\ M#0ET=.LC@DV,EP&!2L`\'BBPOD<#!:'SV0R%*7Y$#8*HX?PI0DNX+HD*R(LF M-`S,HBC!+U5%^[G_-25LP0M=,DW%:ZX[G_/K">;S_>I%EW-]7)O77N72]YL4TBF!-/J:/"*6RCDJ7;+4L*33U=AM MO6\7FA!%-TMGBMF&EB*GT@S@T@ZDPA#<%:;_-Y6(1(ZE`M$H_I;IOX[@062+";?+9>N?\W@F)#T;:X7T(\[G_4:"K;'_EU/[L?E<)M MFQ_@+H>ZJ>6\A1BKN'[=>?WJ">:56[WHLF9U)2O5FH/\5.DW2"D4$R=3)V:' M^JIH,^UJG:LX#]5O(F%40FG@/I_?/$"*'D@<(2HZQU.XT'3$%IQS0=@)YVK0 M@UQ*P<9`[=#78#E$`3D\DX,7(<@1MR5'-,!]RT)/7Z^.*M:C2'1$FK5R)\W< MB.1J@42B2NZ+(;0Q7YB1SJ711#I7A0GF4A!V#HH62OAZ2N,A!JXZ`<=":@_U,8_+".\QF+!:>-=%V;F.$^U-*YYE.(1J/ M,YYJ!'_@]&&"(C27W693?]7%UK.JV@2FU9?-T)_2FEDU:>X`"!]@[<1IKU4N M,Q>KS,:.RXQTOS/40+K8(C+`G.X563FHFT;*JK_C?DSA:\DZ-JQ_39BRBAGH M51=-64.G#,^+0BE??U?PA6>+^Z>P%!196Y+R"=@OREERIM^07<2=(<2<6VCNQR[9]AGC1%$4;]T!& MG#X@:KQA=B-?[;9-*-56:K/PT":;Z1A55YC6Y%=K=1[;V,^/+6M:&ZV(NP(< MP'@7R?^"<[),4K#(VQO/1Q1P)PC-4>2FA:UG>+S'%L&N_Z$YBV$#NS^VTDR] M.,!B1CH]RM)$0_-45SG_YB;:#NHDD]#$I)IN`;5Y%GU'8?VRT2"*-O`O$,J& M%('E@H-A\BPOY;8=UT[5A3JCN?[F:%28\0:S`7$F2NXD)%&;EMC2S/UQMR[A%$?=VM@X/>;6GI!ZQ"VWS0ZYR2&=Z+5V MV@1LTVV'L>SRG(VU,>R%\AME[E?3K2N]3>?CO._IV.W8SYDZT2UO+7]`+-;( MZ03A^73)FZB8&-ETW,;&N:[;!Y+KO-G`I>[;LE&4)-;M,DNQ]U"Q=;^2O'44 M%X@QL!%*/M4H#K5=X#G.'IIVTBB^H;1-/C?`G$O?2C=7NQ;C4N`6`HH:.+;5 MY,)Y?N\:Q!XD^.K!4O."N@GG^6"O82E=#_)W8+=A$;UV.-?-"GJ5X7\1I,&H M*8X"Y;G6JV2U=9Y!_-7X9OG-A[&?JH>Q#\`("`?.IUD=8M`S=*74<2ONX_U0 MZKA9J6//2AUOK=2QU('[%8$.01@HNM+J42OR1_NAU:-FK1YYUNK1UEH]VA^M MFH(P4'2DU5'0AKQ`[8%6UV2-6AT%?K5:E+_-""#8&[$:HS!Q]+04)5Z6>36[ M172.$]TKU+9ULH>+5<906Z]>*1[V:SG+0*_+^A:0SRME[@[DFU3%VL"&2S_/ MMDWT+\S5P_P_T3;1O#Y7A_'Z'-O$\C)=Y1&V`S!Q]9KD/)=^I@C^6!"8 MA>+DI'G[1XOUU=M:B%?[7`W00\]K9&'L?]<6H#1Q^;H8A?@E3L3S!NLW_$Y0 MMGN9G0-O$7JC!_]B:AFD26(-YEZ%UXI;"SD>@-P36+L"A2]PEWESJE'VC:2G MA%(4B\V=6S(1?>C9$MV2^N:\>>.S@PMO.]^=PZQMC+>V][%OWI&<>5N=.P)K M3R`E0/H"W)GX0W/FPF%6O49T1NAE5/UR67?/P MO;+-@M7>0D+`7092*GBW2UDM.682W.W'$OCOP9C_^NX2S:?*(^U-8*^?23!0 MUWPCH8;T]8T4+0VUUDL8N,N`CM6Y'>O3&W`+PQ2'XG1@'.=?S9:#+,`V,;'UP)O+,9L\ZY-;16/KF2GP[;1VGXO?@Z/W[PQ9-0@7[;``!P`8VEK,#`P,30V-#0Q,RTR,#$S,#8R.%]P M&UL550)``//-.A1SS3H475X"P`!!"4.```$.0$``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`@Y.O.EI=CVR&TOOH/ M=`=0%[70-%^[K7:_U6NWVNUFM]/J#;H]'P!G21VTL4QKJ6-[._I>VPTZAYHC MM&*#\$'#M,SM7U.LLS'XH*YJWAC\)_K35]^0(YK30C&:XV8$6O)8U*O M$!90C$7H$)'.26O*VJ9%M-RW+*(M>45TB]`Z=E$;E,SI`=.BT(8UI8TV#E@@ M75!LAXH=R$DN696'L"D@PFTW-<1SG>DVG3NT#",8EDQZ@&!1'K^6L/RNJ64( M,C[3%]7FW_A;),"#=!4A"%'E(6P+B/"2=B)3UI%\,M`\!%W@NO3(DM5XJ#H" MHO*[?-?Q2DN5\+[;3R8].+`HCU]78'X?9S-,)W'/.`%@(%UE"":K\A#V"D`( MG\4\$,M>T8*N[1!*1]>EI@-3XU'I0ZA\:!S.F7.:2:?RRH,FU%KO<$+-\FIL M,U.\W)3OK_G]H"E^?KQ^5/QR-IV(B;;?#=O:TJWI_7ZW7YGT.EUNB=L:2,T-F*;FIL@6#N[W4%/+:>M MY6#:B$88K1,P'V^6]'K[@N?(V(Z)+S>Z'?)B.T@A#$B@[8/O,X@8@6EM2WYC M+9%N1L[8MI>%X00U>]@T+49*#"4\PX3@Z9>M82*+[I;;P<3&;LI,?.$O`N8$ MIJ]TK7>+EV-,XCO^@\1!0_2H(319F*80%N,"2TOX9"]%-U1_;2#;#NE58U(* M0YB[=^45!7!PGJ(5NH5\<,W`U2"/[@N*[%.130'(`4`DMU&8U@(ZY(+H7[-_ MJYU^OPE`?IBXS?^XR4%@.]*?O<6L*.3_=$V]-X4!5)5A3 M6&+SRL&TP78'T"GP*K6,:PK+[2KF75RMVD29J,*9U M]T/(VMCHQ)6H!;SZ$"Y35'Q<^RLA&& M04OKT1&)UF]J6K_3%CO"4&;CS<&TX`@#X,5>ML\Z6X1!X-'Y<>\+%2,PK;01 M!DVCTCIB>J/#025*>8\P2,4TA3#YO%IY1QA*),S=N_**JG:$011R`!"9(PS% M==*'!&[8]N[Z>.UB,:>/F#SK$ZPU MQUI2-8#>69%JD4FN]#$"-_SA&RVN5D0DK$@EX%%7<&3@!!_&3OY:Z[28S._N M!E',*:0&@&ZK2'U(KU6(_2$@."O+C@]4V-807$-Q=D)<"8V8ULH_D,X"V&2( M]>5X36<$;&P3ASSYGHI4@91"8[::"*T2AZ$$5Y-K[H:)Y\@]5>V40_T[[$!: M?FBRBI"':XO9HR+']E]8>#_%X:O0P'X[&-CWU)JW2W7*::PZFA8?U/9T"!XHSAO5+!`FT/4=87WQ:JM+21:J2O*P?M"7$!W3#T\G)F?@.Y9#DA#1_&!Y_X,14;4D4-M4(F'BL'H, MK1A=8LUF\J#<`E%N591RN*X"WJ(E4^Z`*'>"UFA1:_2J0#E<5Z5>KDRGID(H M:VHU*4?HBHF;YTCY1.&8.VMOE]<\0S.=V-#,/Y4[2]GE_,8B-6T9(C4EMN(< M3`N/U`1;M8B^_XR1FG*[8XCM.2(UXM-*':DID1/4[-!(33*E-Q*ID8II"F'R M>0?SCM3(U+ORBJIVI$84<@`0F2,UQ77(XD=J*L`9)%"^OCAKI$9*LE!5IW$F M%;RITXBM.=V>A!&]E],5(FR7L]<)=K)SH1NZH9.;F>+EENA%^"_-5G'S_9_T M#H5.5P*'0IO6Z[YT#@7?M'"'@J=3X"EJ1H="B2"!MN=P*(A/*[5#H41.4+-# M'0K)E-Z(0T$JIBF$R3>(S=NA(%/ORBNJV@X%4<@!0&1V*!37(8OO4*@`9Y!` M^?KBK`X%*QC>UJ*%?NO=QU"0C\$W M[;N/0020[SX&#A]#ATH;R#(?!4EY]S%(Q32%,/G&M7G[&$HD7)R/(9EN!7P, MHI`#@,CL8RBN0Q;?QU`!SB"!\O7%67T,4I*%JI+4QW"CVQ/#LM<$#W7[:3N_ MO\$.THT;Y*"/AKLE6_0"!KA[H:_4E5UF]`^67V.;H;+-46%9*M_]3)EGX>EJS+8%GH<1FFX-IX9Z%Y)=NV7/5C)X%4?K?:-MS>!;$IU5)ST(H MJ'?/@M2>!?"LI5*CV3?D60@;U+Y[%H0C]^Y9*-:ST.T.^JKN+LWH6 MI"0+527YWAH[OT+TIE7':<3D"WRW`N4(L5G53MP-:D3IU!4Q/,W0S_V&T50WYW'= MG)=$:E9@08!^[F3'[42R"5Z7'0Q`C4B'(-TAP@X3><91O5YO",FA1V,E;U\@M1<2H_2B=[,`X5,6<5G0Z6K=HHR_7RT=DT,+2LL_Q MYZ6[=O?>?%B3R0)Y!_'M0NFE3(N73Y'@6UY%%`OF>,RP>-2YAQ MV_)5B$PZ_0J2-/(IV_+5A/0B_7HAA!LMTUGB\E'C M1/1^BGCTX=KRP4^IT*\,!9T?7GQMR._\S$29+ MW43AD^\4#Y&]AN0EV:\_832Y4,+!' M5`1_1L$^?R%<5=YI>$G+\8+)*L(1(,IG5>XRKX,#$^&+]"+O"(H=L`W@)"8( MU.?#+'<56%ZG4LL.+4:3#RJSURCT4YM2$*'X&L>)OE<7]SOMGMKO]YH=D3PED54\LNA>#5?/5!7D$@FMY1\:+-`L``00E#@``!#D!``#M65MO MXC@4?E]I_X,W3[O2A"30"T4PHY:VHTIM9P2,--)J-3*)H583.VL[A:KJ?]]C M)R&$$IB45AII>0''/N?[SLV.[70_S:,0/1`A*6<]RVNX%B+,YP%ETYZ52!M+ MGU+KT\???^O^8=O?SP;7*.!^$A&FD"\(5B1`,ZKN4%]P*2=4$#1^1`/Z0!0: M\HF:8>C)\-%AXZCAN6[#17=*Q1W'FE@IWY6(2T)*Y[.*9LPK-'Z-#9Z`@>DA&$`>G&M\%595SU MN*.+*4A"8"*!ATXMY3)@DM:N(`L/J0C. ML\5T0.7]@*A$L&$215@\?F,A'D/]!I7I2PM@%X"MR?<@H3D!-#6'DY*@C`4] M+7B>0>+/3=G_:Y_]BB5@>`?OOCL>!D1.^.MYPPS>"+668ODRKE^XS+/JP&*MUF[UZ M`%LKX6CM1L^0H(QE:\K_!CID^/[99[\J^W`:QM,U.:R]-.R$M+4>CE?J(25; M7Q?[=6&G,P"5?LAE(DBQB3\G"M/P'"M\D9YAMVT*=P796@]M?198D*R<`6/@O,%Y<&CJQX#$1BA*Y?.>8>D"5 M5C]?D"#-(C\@'(*5SMM'(,3CNA$PUPWOZ/RUQG]OOZ'BZ_J].DG>R?VO2S3O M'068O76CL#+AWRD(_8)E;0RZSO(-,#R5;XB[U*RPB*V]EZ_Z2I!^A;C.WI`; M5/23G>O9NLOVFG;+:\QED-M8QX0B"/5,R/5JF[#ISK["A'4J\&\7JC6HJ[Y8 M5'`K/.>,1U`OC27U*<:QT79(J`I`NP"L;9&!9&2J/VYIZ+8-<=U@6"DO(43% M3)$,P"X`ZAFR^LGEE5%AG*5/@%<5E.P#C=G!E-:('T.]_6A!\_B&1&,B+&,P M''Y>]M,07@EZUBJ10`VGJU">CD[`(TS9E2*1?H>#-\E8PBQ/M"^?!4_BGF4^ MY'4HB,`R8-JP/%`>C`Q2D`CC>"VC^R&6\BL6(%=E_SJ17\>5OFZ[A^UVLVS_ MFOY?Q^BAPF+,L0BNV`.12DN-1"+5*5`*.(0LDK!=;JU3J7$@0]GTISW"&6@. MM9N'21RG@R,R5V=PG+I?.+5V:'-R5"[Y9OGI.NER``Q0````( M`!AT\D*CP]16EA4``*S(```:`!@```````$```"D@0````!C:6LP,#`Q-#8T M-#$S+3(P,3,P-C(X+GAM;%54!0`#SS3H475X"P`!!"4.```$.0$``%!+`0(> M`Q0````(`!AT\D*-KDOP$P,``%P/```>`!@```````$```"D@>H5``!C:6LP M,#`Q-#8T-#$S+3(P,3,P-C(X7V-A;"YX;6Q55`4``\\TZ%%U>`L``00E#@`` M!#D!``!02P$"'@,4````"``8=/)"[&&.W&UL550%``//-.A1 M=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`&'3R0B+M)57C"P``>H<``!X` M&````````0```*2!>R4``&-I:S`P,#$T-C0T,3,M,C`Q,S`V,CA?;&%B+GAM M;%54!0`#SS3H475X"P`!!"4.```$.0$``%!+`0(>`Q0````(`!AT\D*7^8A2 MA0\``%D7`0`>`!@```````$```"D@;8Q``!C:6LP,#`Q-#8T-#$S+3(P,3,P M-C(X7W!R92YX;6Q55`4``\\TZ%%U>`L``00E#@``!#D!``!02P$"'@,4```` M"``8=/)"'+M^A6P%``!=(```&@`8```````!````I(&300``8VEK,#`P,30V M-#0Q,RTR,#$S,#8R."YX`L``00E#@``!#D!``!02P4& 2``````8`!@!0`@``4T<````` ` end EXCEL 13 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%]D,&4T.60V-%\U-F,X7S0W-S=?.&1E95\U-S@R M83=E860W-V$B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O6QE#I!8W1I=F53:&5E=#X-"B`@/'@Z4')O M=&5C=%-T#I0#I0#I0&UL/CPA6V5N9&EF72TM/@T*/"]H96%D M/@T*("`\8F]D>3X-"B`@(#QP/E1H:7,@<&%G92!S:&]U;&0@8F4@;W!E;F5D M('=I=&@@36EC'1087)T7V0P930Y9#8T7S4V M8SA?-#'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA7!E/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$=&5X=#Y/=&AE'0^2G5N M(#(X+`T*"0DR,#$S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$3PO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^2G5N(#(X+`T*"0DR,#$S/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^1&5C(#,Q+`T*"0DR,#$R M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^ M#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]D,&4T M.60V-%\U-F,X7S0W-S=?.&1E95\U-S@R83=E860W-V$-"D-O;G1E;G0M3&]C M871I;VXZ(&9I;&4Z+R\O0SHO9#!E-#ED-C1?-39C.%\T-S'0O:'1M;#L@8VAA'0^/&1I=CX@-#DW(#$@6QE/3-$)VUA M6QE/3-$)V9O M;G0M'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU6QE/3-$)V1I3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`R,"XU M<'0[(&UA'0M:6YD96YT.B`P M<'0[)R!A;&EG;CTS1&-E;G1EF4Z(#$X<'0[(&9O;G0M9F%M:6QY.B!4:6UE'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU6QE/3-$)VUA6QE/3-$)VUA3XF;F)S<#L\+V1I=CX-"@T*#0H-"CQD:78@3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`P<'0[('1E>'0M:6YD M96YT.B`P<'0[)SX\8G(@+SX\+V1I=CX\+V1I=CX-"@T*#0H-"CQD:78@3H@8FQO8VL[(&QI;F4M M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM6QE/3-$)V9O;G0M3H@8FQO8VL[ M(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3H@:6YL:6YE.R<^2G5N92`R."P@,C`Q M,SPO9F]N=#X\+V1I=CX-"@T*#0H-"CQD:78@3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T M.R!M87)G:6XM3XF;F)S<#L\+V1I=CX-"@T*#0H-"CQD:78@3H@8FQO8VL[(&QI;F4M:&5I9VAT M.B`Q,BXU-7!T.R!M87)G:6XM3X\9F]N="!C;&%SF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V]V97)F;&]W.B!H:61D96X[(&-U#L@8F]R9&5R+7)I9VAT.B!M961I=6T@;F]N93L@=F5R=&EC86PM86QI9VXZ M(&UI9&1L93L@=VAI=&4M#L@8F]R M9&5R+6)O='1O;3H@;65D:75M(&YO;F4[('!O#L@;6%R9VEN.B`P<'@[ M(&)O3H@:6YL:6YE.R!T M;W`Z(#!P>#L@=VED=&@Z(#$V<'@[(&)O='1O;3H@,'!X.R<@:')E9CTS1&)L M86YK(SX@/"]A/CPO9F]N=#XN)FYB2!O8G1A:6X@ M8V]P:65S(&]F('1H92!06QE/3-$)V9O;G0M3H@:6YL:6YE.R<^5&AE('-E8W1I;VX@ M;V8@=&AE(%!R;W-P96-T=7,@96YT:71L960@(E-U;6UA'!E;G-E3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM M3XF;F)S<#L\+V1I=CX-"@T*#0H-"CQD:78@3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T M.R!M87)G:6XMF4Z M(#$P<'0[(&9O;G0M9F%M:6QY.B!4:6UE3H@8FQO8VL[(&QI;F4M:&5I M9VAT.B`Q,BXU-7!T.R!M87)G:6XM3XF;F)S<#L\+V1I=CX-"@T*#0H-"CQD M:78@3H@8FQO8VL[ M(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XMF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!4 M:6UE6QE/3-$)V9O;G0M=V5I9VAT.B!B;VQD.R<^/&9O;G0@8VQA M'!E;G-E6QE/3-$)V9O M;G0M=V5I9VAT.B!N;W)M86P[(&-O;&]R.B`C,C(Q93%F.R!D:7-P;&%Y.B!I M;FQI;F4[)SY9;W4@;6%Y('%U86QI9GD@9F]R('-A;&5S(&-H87)G92!D:7-C M;W5N=',@:68@>6]U(&%N9"!Y;W5R(&9A;6EL>2!I;G9E6QE/3-$)V9O;G0M MF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE6QE/3-$)V)O"!S;VQI M9#LG('9A;&EG;CTS1&)O='1O;2!W:61T:#TS1#4U)3X-"@T*#0H-"CQD:78@ M3H@8FQO8VL[(&QI M;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3X\9F]N="!C;&%SF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE M3H@:6YL M:6YE.R<^*&9E97,@<&%I9"!D:7)E8W1L>2!F6QE/3-$)V)O"!S;VQI9#LG('9A;&EG;CTS1&)O='1O;2!W:61T M:#TS1#$U)3X\9F]N="!C;&%SF4Z M(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE6QE/3-$)V)O"!S;VQI9#L@8F]R M9&5R+6QE9G0Z(",P,#`P,#`@,"XU<'0@6QE M/3-$)V9O;G0M3H@:6YL:6YE.R<^36%X:6UU;2!386QE6QE/3-$)V9O;G0M3H@:6YL:6YE.R<^)FYB6QE/3-$)V)O3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q M,BXU-7!T.R!M87)G:6XM6QE/3-$)V9O M;G0M3H@:6YL:6YE.R<^-"XW-24\+V9O;G0^/"]D:78^/"]T9#X\+W1R M/@T*#0H\='(^/'1D('-T>6QE/3-$)V)O"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P,#`P,#`@,"XU<'0@6QE/3-$)V9O;G0M3H@:6YL:6YE.R<^36%X:6UU;2!$ M969E6QE/3-$)V9O;G0M3H@:6YL:6YE.R<^)FYB"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P M,#`P,#`@,"XU<'0@6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1E6QE M/3-$)V)O"!S;VQI9#L@8F]R9&5R+6QE M9G0Z(",P,#`P,#`@,"XU<'0@6QE/3-$)V9O M;G0M3H@:6YL:6YE.R<^4F5D96UP=&EO;B!&964\+V9O;G0^/"]D:78^ M#0H-"@T*#0H\9&EV('-T>6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&QE9G0^/&9O;G0@ M8VQA3H@=&EM97,@;F5W(')O;6%N.R!D:7-P;&%Y.B!I;FQI;F4[)SXF;F)S M<#LF;F)S<#LF;F)S<#LH87,@82`E(&]F(&%M;W5N="!R961E96UE9"D\+V9O M;G0^/"]D:78^/"]T9#X-"@T*/'1D('-T>6QE/3-$)V)O3H@8FQO8VL[(&QI;F4M:&5I M9VAT.B`Q,BXU-7!T.R!M87)G:6XM6QE M/3-$)V9O;G0M3H@:6YL:6YE.R<^3F]N93PO9F]N=#X\+V1I=CX\+W1D M/CPO='(^/"]T86)L93X\+V1I=CX-"@T*#0H-"CQD:78@3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,2XT<'0[('1E>'0M:6YD96YT M.B`P<'0[)SX\8G(@+SX\+V1I=CX-"@T*#0H-"CQD:78^#0H-"@T*#0H\=&%B M;&4@3H@=&EM M97,@;F5W(')O;6%N.R<@8V5L;'-P86-I;F<],T0P(&-E;&QP861D:6YG/3-$ M,"!W:61T:#TS1#$P,"4^#0H-"CQT3H@8FQO8VL[(&QI;F4M:&5I9VAT M.B`Q,BXU-7!T.R!M87)G:6XMF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UEF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T M:6UE6QE/3-$)V)O"!S;VQI9#LG('9A;&EG;CTS1&)O='1O;2!W:61T:#TS M1#3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU M-7!T.R!M87)G:6XM3X\9F]N="!C;&%SF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE3H@:6YL:6YE.R<^*&5X<&5N6]U('!A>2!E86-H('EE87(@87,@82!P97)C96YT86=E(&]F('1H M92!V86QU92!O9B!Y;W5R(&EN=F5S=&UE;G0I/"]F;VYT/CPO9&EV/CPO=&0^ M/"]T3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XMF4Z(#$P<'0[(&9O;G0M9F%M M:6QY.B!T:6UE6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG M;CTS1&QE9G0^/&9O;G0@8VQA3H@=&EM97,@;F5W(')O;6%N.R!D:7-P;&%Y M.B!I;FQI;F4[)SY$:7-T"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P,#`P,#`@,"XU<'0@ M6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T M:6UE3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M M87)G:6XMF4Z(#$P M<'0[(&9O;G0M9F%M:6QY.B!T:6UE"!S;VQI9#L@8F]R9&5R+6QE9G0Z M(",P,#`P,#`@,"XU<'0@6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1E MF4Z(#$P<'0[ M(&9O;G0M9F%M:6QY.B!T:6UE6QE M/3-$)VUA'0M:6YD96YT M.B`P<'0[)R!A;&EG;CTS1&QE9G0^/&9O;G0@8VQA3H@:6YL M:6YE.R<^,3PO9F]N=#X\+V9O;G0^/"]D:78^/"]T9#X-"@T*/'1D('-T>6QE M/3-$)V)O3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM6QE/3-$)V9O;G0M6QE/3-$)V1I6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&QE M9G0^/&9O;G0@8VQA3H@=&EM97,@;F5W(')O;6%N.R!F;VYT+7=E:6=H=#H@ M8F]L9#L@9&ES<&QA>3H@:6YL:6YE.R<^5&]T86P@06YN=6%L($9U;F0@3W!E M"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P,#`P M,#`@,"XU<'0@6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1E6QE/3-$)V)O"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P,#`P,#`@,"XU<'0@6QE/3-$)V9O;G0M3H@:6YL:6YE.R<^)FYB3H@:6YL:6YE.R<^,CPO M9F]N=#X\+V9O;G0^/"]D:78^/"]T9#X-"@T*/'1D('-T>6QE/3-$)V)O3H@8FQO8VL[ M(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM6QE/3-$)V1I M6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&QE9G0^/&9O;G0@ M8VQA3H@=&EM97,@;F5W(')O;6%N.R!D:7-P;&%Y.B!I;FQI;F4[)SXF;F)S M<#LF;F)S<#LF;F)S<#L\9F]N="!C;&%S3H@:6YL:6YE.R<^3F5T($%N;G5A;"!& M=6YD($]P97)A=&EN9R!%>'!E;G-E6QE/3-$)V)O3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T M.R!M87)G:6XM6QE/3-$)V9O;G0M6QE/3-$ M)W=I9'1H.B`Q,#`E.R<^#0H-"@T*#0H\9&EV('-T>6QE/3-$)W1E>'0M86QI M9VXZ(&-E;G1E6QE/3-$)V9O;G0M3H@5&EM97,@3F5W(%)O;6%N.R!D:7-P;&%Y M.B!I;FQI;F4[)SXF;F)S<#L@/"]F;VYT/CPO9&EV/CPO9&EV/CPO9&EV/@T* M#0H-"@T*/&1I=B!S='EL93TS1"=M87)G:6XM;&5F=#H@,'!T.R!D:7-P;&%Y M.B!B;&]C:SL@;&EN92UH96EG:'0Z(#$R+C4U<'0[(&UA6QE/3-$)V9O;G0M65A'!E;G-E3H@8FQO8VL[ M(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3XF;F)S M<#L\+V1I=CX-"@T*#0H-"CQD:78@3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G M:6XM3X\9F]N="!C;&%SF4Z(#$P M<'0[(&9O;G0M9F%M:6QY.B!4:6UE3H@:6YL:6YE.R<^/&9O;G0@8VQA3H@:6YL:6YE.R<^,BX@/"]F;VYT/E1H92!!9'9I M'!E M;F1I='5R97,@=VAI8V@@87)E(&-A<&ET86QI>F5D(&EN(&%C8V]R9&%N8V4@ M=VET:"!G96YE'1R86]R9&EN87)Y(&5X<&5N'!E;G-E M(')A=&EO('=I;&P@8F4@:&EG:&5R('1H86X@,RXW-24@=&\@=&AE(&5X=&5N M="!T:&%T(&ET(&EN8W5R'!E;G-E&-L=61E9"!F'!E;G-E($QI;6ET871I;VX@06=R965M96YT+B9N8G-P.R9N8G-P.U1H92!% M>'!E;G-E($QI;6ET871I;VX@06=R965M96YT(&UA>2!N;W0@8F4@=&5R;6EN M871E9"!P2!A;6]U;G1S('!A M:60@8GD@=&AE($%D=FES;W(@=6YD97(@=&AE($5X<&5N6QE/3-$)V9O;G0M3H@:6YL:6YE.R<^/&9O;G0@8VQA6]U&%M<&QE(&%L'!E;G-E6]U6]U M6QE/3-$)VUA'0M:6YD M96YT.B`P<'0[)R!A;&EG;CTS1&IU6QE/3-$ M)V9O;G0M"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P,#`P,#`@,"XW-7!T M('-O;&ED.R<@=F%L:6=N/3-$=&]P('=I9'1H/3-$,34E/@T*#0H-"@T*/&1I M=B!S='EL93TS1"=M87)G:6XM;&5F=#H@,'!T.R!D:7-P;&%Y.B!B;&]C:SL@ M;&EN92UH96EG:'0Z(#$R+C4U<'0[(&UA6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG M;CTS1&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M M:6QY.B!T:6UE6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG M;CTS1&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A M;&EG;CTS1&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE6QE/3-$)V)O"!S;VQI9#L@8F]R M9&5R+6QE9G0Z(",P,#`P,#`@,"XW-7!T('-O;&ED.R<@=F%L:6=N/3-$=&]P M('=I9'1H/3-$,34E/@T*#0H-"@T*/&1I=B!S='EL93TS1"=M87)G:6XM;&5F M=#H@,'!T.R!D:7-P;&%Y.B!B;&]C:SL@;&EN92UH96EG:'0Z(#$R+C4U<'0[ M(&UA6QE/3-$)V)O"!S;VQI9#L@8F]R9&5R M+6QE9G0Z(",P,#`P,#`@,"XW-7!T('-O;&ED.R<@=F%L:6=N/3-$=&]P('=I M9'1H/3-$,34E/@T*#0H-"@T*/&1I=B!S='EL93TS1"=M87)G:6XM;&5F=#H@ M,'!T.R!D:7-P;&%Y.B!B;&]C:SL@;&EN92UH96EG:'0Z(#$R+C4U<'0[(&UA M6QE M/3-$)V)O"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P,#`P M,#`@,"XW-7!T('-O;&ED.R<@=F%L:6=N/3-$=&]P('=I9'1H/3-$,34E/@T* M#0H-"@T*/&1I=B!S='EL93TS1"=M87)G:6XM;&5F=#H@,'!T.R!D:7-P;&%Y M.B!B;&]C:SL@;&EN92UH96EG:'0Z(#$R+C4U<'0[(&UA6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU3H@:6YL:6YE.R<^4&]R=&9O;&EO(%1U&%B;&4@86-C;W5N="XF;F)S<#LF;F)S<#M4:&5S92!C;W-T6QE/3-$)VUA M'0M:6YD96YT.B`P<'0[ M)R!A;&EG;CTS1&IU6QE/3-$)V1I'0M:6YD96YT.B`P<'0[)SX\8G(@+SX\+V1I=CX-"@T* M#0H-"CQD:78@3H@ M8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3XF;F)S<#L\ M+V1I=CX-"@T*#0H-"CQD:78@3H@8FQO8VL[(&QI M;F4M:&5I9VAT.B`Q,BXU-7!T.R!T97AT+6EN9&5N=#H@,'!T.R<^/&)R("\^ M/"]D:78^#0H-"@T*#0H\9&EV('-T>6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG M;CTS1&IU6QE/3-$ M)VUA'0M:6YD96YT.B`P M<'0[)R!A;&EG;CTS1&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!4:6UE3H@:6YL:6YE.R<^26YV97-T;W)S(%-H;W5L9"!2971A M:6X@5&AI'0^/&1I=B!C;&%S6QE/3-$)VUA M6QE/3-$)V9O M;G0M'0^/&1I=B!C;&%S6QE/3-$)VUA'0M M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&QE9G0^/&9O;G0@8VQA'0^/&1I=CX@/&1I M=B!C;&%S6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU6QE/3-$)V9O;G0M=V5I9VAT M.B!N;W)M86P[)SY4:&ES('1A8FQE(&1E2!I9B!Y;W4@8G5Y(&%N9"!H;VQD M('-H87)E3H@:6YL:6YE.R<^/&9O;G0@8VQA2!F;W(@6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6]U6QE/3-$)V9O;G0M3H@:6YL:6YE.R<^)FYB&EM=6T@4V%L97,@0VAA&EM=6T@1&5F97)R960@4V%L97,@0VAA'0^/&1I=B!C;&%S6QE/3-$)V9O;G0M6QE/3-$)V)O M6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&QE9G0^/&9O;G0@8VQA3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3X\9F]N M="!C;&%SF4Z(#$P<'0[(&9O;G0M M9F%M:6QY.B!T:6UE3H@:6YL:6YE.R<^*&5X<&5N6]U('!A>2!E86-H M('EE87(@87,@82!P97)C96YT86=E(&]F('1H92!V86QU92!O9B!Y;W5R(&EN M=F5S=&UE;G0I/"]F;VYT/CPO9&EV/CPO9&EV/CPO=&0^#0H-"CQT9"!S='EL M93TS1"=B;W)D97(M=&]P+6-O;&]R.B`[(&)O'!E;G-E'!E;G-E'!E;G-E'!E;G-E2!I M;B!W:&EC:"!T:&4@1G5N9"!I;G9E'!E;G-E'!E;G-E'!E;G-E2!E M>'!E;G-E&-L=7-I=F4@;V8@:6YT97)E&5S+"!B'!E;G-E2!E>'!E;G-E6UE;G1S('5N9&5R('1H92!2=6QE(#$R8BTQ(&1I'!E;G-E(')A=&EO('=I;&P@8F4@ M:&EG:&5R('1H86X@,RXW-24@=&\@=&AE(&5X=&5N="!T:&%T(&ET(&EN8W5R M'!E;G-E&-L=61E9"!F'!E;G-E($QI;6ET871I M;VX@06=R965M96YT+B`@5&AE($5X<&5N'!E;G-E M($QI;6ET871I;VX@06=R965M96YT+CPO=&0^#0H@("`@("`@("`@("`\+W1R M/@T*("`@("`@("`@(#PO=&%B;&4^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/&1I=B!C;&%S6QE/3-$)VUA M'0M:6YD96YT.B`P<'0[ M)R!A;&EG;CTS1&IU3H@:6YL:6YE.R<^17AA;7!L M92X@/"]F;VYT/CPO9F]N=#X\+V1I=CX\3H@8FQO8VL[(&QI;F4M M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3X\9F]N="!C;&%S&%M<&QE("`M#0H-"@T*#0HH55-$("0I/&)R/CPO6QE/3-$)V9O;G0M3H@:6YL:6YE.R<^/&9O;G0@ M8VQA3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`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`@("`@(#QT9"!C;&%S'0^1&5C(#,Q M+`T*"0DR,#$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'!E;G-E'!E;G-E'!E;G-E'!E;G-E'!E;G-E($QI;6ET871I;VX\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E&%M<&QE665A&%M M<&QE665A6QE/3-$)VUA6QE/3-$)V9O;G0M6QE/3-$ M)VUA3XF;F)S<#L\+V1I=CX-"@T*/&1I=B!S='EL M93TS1"=D:7-P;&%Y.B!B;&]C:SL@;&EN92UH96EG:'0Z(#!P=#L@=&5X="UI M;F1E;G0Z(#!P=#LG/@T*#0H\9&EV/B`\+V1I=CX\8G(@+SX\+V1I=CX-"@T* M/&1I=B!S='EL93TS1"=M87)G:6XM;&5F=#H@,'!T.R!D:7-P;&%Y.B!B;&]C M:SL@;&EN92UH96EG:'0Z(#(P+C5P=#L@;6%R9VEN+7)I9VAT.B`P<'0[('1E M>'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU3H@ M8FQO8VL[(&QI;F4M:&5I9VAT.B`R,"XU<'0[(&UA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU3H@8FQO8VL[(&UA3H@8FQO8VL[ M(&QI;F4M:&5I9VAT.B`Q,RXW<'0[('1E>'0M:6YD96YT.B`P<'0[)SX-"@T* M/&1I=CX@/"]D:78^/"]D:78^#0H-"CQD:78@3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,RXW<'0[ M(&UA6QE/3-$)V1I3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU M-7!T.R!M87)G:6XM6QE/3-$)V9O;G0M M6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3X\9F]N M="!C;&%SF4Z(#$P<'0[(&9O;G0M M9F%M:6QY.B!4:6UE6QE/3-$)V]V M97)F;&]W.B!H:61D96X[(&-U#L@8F]R9&5R+7)I9VAT.B!M961I=6T@ M;F]N93L@=F5R=&EC86PM86QI9VXZ(&UI9&1L93L@=VAI=&4M#L@8F]R9&5R+6)O='1O;3H@;65D:75M(&YO;F4[ M('!O#L@;6%R9VEN.B`P<'@[(&)O3H@:6YL:6YE.R!T;W`Z(#!P>#L@=VED=&@Z(#$V<'@[(&)O M='1O;3H@,'!X.R<@:')E9CTS1&)L86YK(SX@/"]A/CPO9F]N=#XN)FYB2!O8G1A:6X@8V]P:65S(&]F('1H92!06QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3X\ M9F]N="!C;&%SF4Z(#$P<'0[(&9O M;G0M9F%M:6QY.B!4:6UE3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T M.R!M87)G:6XM3XF;F)S<#L\+V1I=CX-"@T*/&1I=B!S='EL93TS1"=M87)G M:6XM;&5F=#H@,'!T.R!D:7-P;&%Y.B!B;&]C:SL@;&EN92UH96EG:'0Z(#$R M+C4U<'0[(&UA6QE/3-$)V9O;G0M M6QE M/3-$)VUA'0M:6YD96YT M.B`P<'0[)R!A;&EG;CTS1&IU3H@8FQO8VL[(&QI M;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3X\9F]N="!C;&%SF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!4:6UE M6QE/3-$)V9O;G0M=V5I9VAT.B!B;VQD.R<^/&9O;G0@8VQA'!E;G-E6QE/3-$)V9O;G0M M=V5I9VAT.B!N;W)M86P[(&-O;&]R.B`C,C(Q93%F.R!D:7-P;&%Y.B!I;FQI M;F4[)SY9;W4@;6%Y('%U86QI9GD@9F]R('-A;&5S(&-H87)G92!D:7-C;W5N M=',@:68@>6]U(&%N9"!Y;W5R(&9A;6EL>2!I;G9E6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU6QE/3-$)V9O;G0M6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU6QE M/3-$)V9O;G0M3H@:6YL:6YE.R<^)FYB6QE/3-$)V)O"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P,#`P,#`@,"XU<'0@6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&QE9G0^/&9O;G0@8VQA3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XMF4Z(#$P<'0[(&9O;G0M9F%M M:6QY.B!T:6UE6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A M;&EG;CTS1&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE&EM=6T@1&5F97)R960@ M4V%L97,@0VAA6QE M/3-$)V9O;G0M3H@:6YL:6YE.R<^)FYB6QE/3-$)VUA'0M:6YD M96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1E6QE/3-$)V9O;G0M3H@:6YL:6YE.R<^4F5D96UP M=&EO;B!&964\+V9O;G0^/"]D:78^#0H-"CQD:78@3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU M-7!T.R!M87)G:6XMF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE6QE/3-$ M)V)O6QE M/3-$)V1I6QE/3-$)V9O;G0M'!E;G-EF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3X\ M9F]N="!C;&%SF4Z(#$P<'0[(&9O M;G0M9F%M:6QY.B!T:6UE3H@:6YL:6YE.R<^*&5X<&5N6]U('!A>2!E M86-H('EE87(@87,@82!P97)C96YT86=E(&]F('1H92!V86QU92!O9B!Y;W5R M(&EN=F5S=&UE;G0I/"]F;VYT/CPO9&EV/CPO=&0^/"]T3H@8FQO8VL[(&QI;F4M:&5I9VAT M.B`Q,BXU-7!T.R!M87)G:6XMF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE6QE/3-$)V)O6QE M/3-$)VUA'0M:6YD96YT M.B`P<'0[)R!A;&EG;CTS1&QE9G0^/&9O;G0@8VQA6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M M:6QY.B!T:6UE3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M M87)G:6XMF4Z(#$P M<'0[(&9O;G0M9F%M:6QY.B!T:6UE6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1E6QE/3-$ M)V)O"!S;VQI9#L@8F]R9&5R+6QE9G0Z M(",P,#`P,#`@,"XU<'0@6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG M;CTS1&QE9G0^/&9O;G0@8VQA3H@=&EM97,@;F5W(')O;6%N.R!D:7-P;&%Y M.B!I;FQI;F4[)SY!8W%U:7)E9"!&=6YD($9E97,@86YD($5X<&5N3H@:6YL:6YE.R<^,3PO9F]N M=#X\+V9O;G0^/"]D:78^/"]T9#X-"CQT9"!S='EL93TS1"=B;W)D97(M"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P,#`P,#`@,"XU<'0@3H@8FQO8VL[(&QI;F4M:&5I M9VAT.B`Q,BXU-7!T.R!M87)G:6XM6QE M/3-$)V9O;G0M6QE/3-$)V1I6QE/3-$)V)O"!S;VQI M9#L@8F]R9&5R+6QE9G0Z(",P,#`P,#`@,"XU<'0@6QE/3-$)VUA'0M:6YD M96YT.B`P<'0[)R!A;&EG;CTS1&QE9G0^/&9O;G0@8VQA6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG M;CTS1&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE6QE/3-$)V9O;G0M3H@:6YL M:6YE.R<^,CPO9F]N=#X\+V9O;G0^/"]D:78^/"]T9#X-"CQT9"!S='EL93TS M1"=B;W)D97(M"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P,#`P,#`@ M,"XU<'0@3H@8FQO M8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM6QE/3-$)V9O;G0M6QE/3-$ M)V1I6QE/3-$)V)O"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P,#`P,#`@,"XU<'0@6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&QE9G0^/&9O;G0@8VQA M3H@=&EM97,@;F5W(')O;6%N.R!D:7-P;&%Y.B!I;FQI;F4[)SXF;F)S<#LF M;F)S<#LF;F)S<#L\9F]N="!C;&%S3H@:6YL:6YE.R<^3F5T($%N;G5A;"!&=6YD M($]P97)A=&EN9R!%>'!E;G-E"!S;VQI9#L@8F]R9&5R+6QE M9G0Z(",P,#`P,#`@,"XU<'0@3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM M6QE/3-$)V9O;G0M6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG M;CTS1&IU'0M:6YD96YT M.B`P<'0[)SX-"@T*/&1I=CX-"@T*/&1I=B!S='EL93TS1"=W:61T:#H@,3`P M)3LG(&%L:6=N/3-$;&5F=#X\9F]N="!C;&%SF4Z(#AP=#L@9F]N="UF86UI;'DZ(%1I;65S($YE=R!2;VUA;CL@ M9&ES<&QA>3H@:6YL:6YE.R<^)FYB6QE M/3-$)W1E>'0M86QI9VXZ(&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M M:6QY.B!4:6UE6QE/3-$)W1E M>'0M86QI9VXZ(&-E;G1E6QE/3-$)V9O;G0M3H@5&EM97,@3F5W(%)O;6%N.R!D:7-P;&%Y M.B!I;FQI;F4[)SXF;F)S<#L@/"]F;VYT/CPO9&EV/CPO9&EV/CPO9&EV/@T* M#0H\9&EV('-T>6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&IU2!I;B!W:&EC:"!T:&4@1G5N9"!I;G9E M6QE M/3-$)VUA'0M:6YD96YT M.B`P<'0[)R!A;&EG;CTS1&IU3H@8FQO8VL[(&QI M;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3XF;F)S<#L\+V1I=CX-"@T* M/&1I=B!S='EL93TS1"=M87)G:6XM;&5F=#H@,'!T.R!D:7-P;&%Y.B!B;&]C M:SL@;&EN92UH96EG:'0Z(#$R+C4U<'0[(&UA6QE/3-$)V9O;G0M2P@:6X@86X@86UO=6YT('1H870@;&EM M:71S('1H92!&=6YD)W,@86YN=6%L(&]P97)A=&EN9R!E>'!E;G-E2!A M8V-E<'1E9"!A8V-O=6YT:6YG('!R:6YC:7!L97,L(&]T:&5R(&5X=')A;W)D M:6YA2!C M;W5R2!N970@87-S M971S(&]F('1H92!&=6YD('1H2`Q+"`R,#$T+B9N8G-P M.R9N8G-P.U1H92!&=6YD)W,@;F5T(&5X<&5N2!T:&4@061V:7-O M3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM M3XF;F)S<#L\+V1I=CX-"@T*/&1I=B!S='EL93TS1"=M87)G:6XM;&5F=#H@ M,'!T.R!D:7-P;&%Y.B!B;&]C:SL@;&EN92UH96EG:'0Z(#$R+C4U<'0[(&UA M6QE/3-$)V9O;G0M3H@ M:6YL:6YE.R<^/&9O;G0@8VQA6]U&%M<&QE(&%L M'!E;G-E M6]U3XF M;F)S<#L\+V1I=CX-"@T*/&1I=B!A;&EG;CTS1&-E;G1E6QE/3-$)V9O;G0M6QE M/3-$)V)O"!S;VQI9#L@ M8F]R9&5R+6QE9G0Z(",P,#`P,#`@,"XW-7!T('-O;&ED.R<@=F%L:6=N/3-$ M=&]P('=I9'1H/3-$,34E/@T*#0H\9&EV('-T>6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS M1&-E;G1EF4Z M(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P,#`P,#`@,"XW M-7!T('-O;&ED.R<@=F%L:6=N/3-$=&]P('=I9'1H/3-$,34E/@T*#0H\9&EV M('-T>6QE/3-$)VUA'0M M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M:6QY.B!T:6UE M"!S;VQI9#L@8F]R9&5R+6QE9G0Z M(",P,#`P,#`@,"XW-7!T('-O;&ED.R<@=F%L:6=N/3-$=&]P('=I9'1H/3-$ M,34E/@T*#0H\9&EV('-T>6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1E6QE/3-$)V)O M"!S;VQI9#L@8F]R9&5R+6QE9G0Z(",P M,#`P,#`@,"XW-7!T('-O;&ED.R<@=F%L:6=N/3-$=&]P('=I9'1H/3-$,34E M/@T*#0H\9&EV('-T>6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1EF4Z(#$P<'0[(&9O;G0M9F%M M:6QY.B!T:6UE3H@ M8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM3XF;F)S<#L\ M+V1I=CX-"@T*/&1I=B!S='EL93TS1"=M87)G:6XM;&5F=#H@,'!T.R!D:7-P M;&%Y.B!B;&]C:SL@;&EN92UH96EG:'0Z(#$R+C4U<'0[(&UA6QE/3-$)V9O;G0M7,@=')A;G-A8W1I;VX@8V]S=',L('-U8V@@87,@8V]M M;6ES2!I;F1I8V%T92!H M:6=H97(@=')A;G-A8W1I;VX@8V]S=',@86YD(&UA>2!R97-U;'0@:6X@:&EG M:&5R('1A>&5S('=H96X@1G5N9"!S:&%R97,@87)E(&AE;&0@:6X@82!T87AA M8FQE(&%C8V]U;G0N)FYB'!E M;G-E6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG M;CTS1&IU3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!T97AT+6EN9&5N M=#H@,'!T.R<^/&)R("\^/"]D:78^#0H-"CQD:78@3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU M-7!T.R!M87)G:6XM3XF;F)S<#L\+V1I=CX-"@T*/&1I=B!S='EL93TS1"=D M:7-P;&%Y.B!B;&]C:SL@;&EN92UH96EG:'0Z(#$R+C4U<'0[('1E>'0M:6YD M96YT.B`P<'0[)SX\8G(@+SX\+V1I=CX-"@T*/&1I=B!S='EL93TS1"=M87)G M:6XM;&5F=#H@,'!T.R!D:7-P;&%Y.B!B;&]C:SL@;&EN92UH96EG:'0Z(#$R M+C4U<'0[(&UA6QE/3-$ M)V1I6QE/3-$)VUA M'0M:6YD96YT.B`P<'0[ M)R!A;&EG;CTS1&IU3H@8FQO8VL[(&QI;F4M:&5I M9VAT.B`Q,BXU-7!T.R!M87)G:6XM3XF;F)S<#L\+V1I=CX-"@T*/&1I=B!S M='EL93TS1"=M87)G:6XM;&5F=#H@,'!T.R!D:7-P;&%Y.B!B;&]C:SL@;&EN M92UH96EG:'0Z(#$R+C4U<'0[(&UA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&-E;G1EF4Z(#$X<'0[(&9O;G0M9F%M:6QY.B!4 M:6UE'!E M;G-E2&5A9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/&1I M=B!C;&%S6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS1&QE9G0^ M/&9O;G0@8VQA3H@5&EM97,@3F5W(%)O;6%N.R!F;VYT+7=E:6=H=#H@8F]L M9#L@9&ES<&QA>3H@:6YL:6YE.R<^1D5%4R!!3D0@15A014Y315,@3T8@5$A% M($953D0\+V9O;G0^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'!E;G-E($YA'!E;G-E3F%R3H@8FQO8VL[(&QI;F4M:&5I9VAT.B`Q,BXU-7!T.R!M87)G:6XM M3X\9F]N="!C;&%SF4Z(#$P<'0[ M(&9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M=V5I9VAT.B!B M;VQD.R<^/&9O;G0@8VQA'!E;G-E6QE/3-$)V9O;G0M=V5I9VAT.B!N;W)M86P[(&-O;&]R.B`C,C(Q M93%F.R!D:7-P;&%Y.B!I;FQI;F4[)SX\9F]N="!C;&%S6]U M6]U6QE/3-$)V9O;G0M=V5I9VAT.B!N M;W)M86P[(&-O;&]R.B`C,C(Q93%F.R!D:7-P;&%Y.B!I;FQI;F4[)SX@=&AI M'1=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'0^/&1I=B!C;&%S6QE/3-$)V)OF4Z(#$P M<'0[(&9O;G0M9F%M:6QY.B!T:6UE6QE/3-$)V9O;G0M6QE/3-$)V)OF4Z(#$P<'0[(&9O;G0M9F%M:6QY M.B!T:6UE'!E;G-E6QE/3-$ M)V9O;G0M6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A;&EG;CTS M1&QE9G0^/&9O;G0@8VQA3H@=&EM97,@;F5W(')O;6%N.R!F;VYT+7=E:6=H M=#H@8F]L9#L@9&ES<&QA>3H@:6YL:6YE.R<^06YN=6%L($9U;F0@3W!E6QE/3-$)V9O;G0M M65A3H@=&EM97,@;F5W(')O;6%N.R!D:7-P;&%Y.B!I;FQI;F4[ M)SXF;F)S<#L@/"]F;VYT/CPO=&0^/"]T6QE/3-$)V9O;G0M M3H@:6YL:6YE.R<^/&9O;G0@8VQA'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/&1I=CX@/&1I=B!C;&%S6QE/3-$)VUA'0M:6YD96YT.B`P<'0[)R!A M;&EG;CTS1&IU7,@86YD('-E M;&QS('-E8W5R:71I97,@*&]R(")T=7)N6QE/3-$)V9O;G0M M=V5I9VAT.B!N;W)M86P[(&-O;&]R.B`C,C(Q93%F.R!D:7-P;&%Y.B!I;FQI M;F4[)SY9;W4@;6%Y('%U86QI9GD@9F]R('-A;&5S(&-H87)G92!D:7-C;W5N M=',@:68@>6]U(&%N9"!Y;W5R(&9A;6EL>2!I;G9E'!E;G-E($)R96%K<&]I;G0L M($UI;FEM=6T@26YV97-T;65N="!297%U:7)E9"!;06UO=6YT73PO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'!E;G-E'!E M;G-E&%M<&QE(%M(96%D:6YG73PO=&0^#0H@("`@("`@(#QT9"!C;&%S&%M<&QE2&5A9&EN9SPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/&1I=B!C;&%S6QE/3-$ M)VUA'0M:6YD96YT.B`P M<'0[)R!A;&EG;CTS1&IU3H@:6YL:6YE.R<^17AA M;7!L92X@/"]F;VYT/CPO9F]N=#X\+V1I=CX\'0@ M0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^6QE/3-$)V9O;G0M3H@:6YL:6YE.R<^5&AI&%M<&QE(&ES(&EN M=&5N9&5D('1O(&AE;'`@>6]U(&-O;7!A6]U(&EN=F5S="`D,3`L,#`P(&EN('1H92!&=6YD(&9O M65A2!B M92!H:6=H97(@;W(@;&]W97(L(&)A2!0:&]N92!;5&5X=%T\+W1D/@T*("`@("`@("`\=&0@8VQA5!H;VYE/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9F]N="!C;&%S2!I;G9E65A'!E;G-E(')A=&EO'!E;G-E($QI;6ET871I;VX@06=R965M96YT('=I=&@@ M=&AE($9U;F0@=6YD97(@=VAI8V@@:70@:&%S(&%G2P@:6X@86X@86UO=6YT('1H870@ M;&EM:71S('1H92!&=6YD)W,@86YN=6%L(&]P97)A=&EN9R!E>'!E;G-E2!A8V-E<'1E9"!A8V-O=6YT:6YG('!R:6YC:7!L97,L(&]T:&5R(&5X=')A M;W)D:6YA2!C;W5R2!N970@ M87-S971S(&]F('1H92!&=6YD('1H2`Q+"`R,#$T+B`@ M5&AE($9U;F0G'1E;G0@=&AA="!I="!I;F-U2!T:&4@061V:7-O7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X- M"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP M92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'1087)T7V0P930Y9#8T7S4V8SA?-# XML 14 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.8 HtmlAndXml 3 41 1 true 2 0 false 2 false false R1.htm 000001 - Document - Document and Entity Information {Elements} Sheet http://www.ncfunds.com/role/DocumentDocumentAndEntityInformationElementsImported Document and Entity Information R1.xml false true R2.htm 001701 - Document - Risk/Return Summary {Unlabeled} - (SCS Tactical Allocation Fund) Sheet http://www.ncfunds.com/role/DocumentRiskReturnSummaryUnlabeledScsTacticalAllocationFund Risk/Return Summary - (SCS Tactical Allocation Fund) R2.xml false false R6.htm 001708 - Disclosure - Risk/Return Detail Data {Elements} - (SCS Tactical Allocation Fund) Sheet http://www.ncfunds.com/role/DisclosureRiskReturnDetailDataElementsScsTacticalAllocationFund Risk/Return Detail Data - (SCS Tactical Allocation Fund) R6.xml false false R7.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data R7.xml true false All Reports Book All Reports cik0001464413-20130628.xml cik0001464413-20130628.xsd cik0001464413-20130628_cal.xml cik0001464413-20130628_def.xml cik0001464413-20130628_lab.xml cik0001464413-20130628_pre.xml true true XML 15 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
SCS Tactical Allocation Fund
497 1 r497e0613.htm STARBOARD INVESTMENT TRUST - SCS TACTICAL ALLOCATION FUND
STARBOARD INVESTMENT TRUST
 

 
SCS Tactical Allocation Fund
 
 

Prospectus Supplement
June 28, 2013
 
This supplement to the Prospectus dated December 31, 2012 for the SCS Tactical Allocation Fund, a series of the Starboard Investment Trust, updates the information described below.  For further information, please contact the Fund toll-free at 1-800-773-3863 .  You may obtain copies of the Prospectus and Statement of Additional Information, free of charge, by writing to the Fund at Post Office Box 4365, Rocky Mount, North Carolina 27803 or calling the number above.
 
The section of the Prospectus entitled "Summary – Fees and Expenses of the Fund" is being amended in its entirety to read as follows:
 
FEES AND EXPENSES OF THE FUND
 
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.  You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.  More information about these and other discounts is available from your financial professional and in the section "Purchasing Shares" in this prospectus and the section "Additional Purchase and Redemption Information" in the Fund's statement of additional information
 
Shareholder Fees
 
(fees paid directly from your investment)
 
Maximum Sales Charge (Load) Imposed On Purchases
   (as a % of offering price)
4.75%
Maximum Deferred Sales Charge (Load)
   (as a % of the lesser of amount purchased or redeemed)
None
Redemption Fee
   (as a % of amount redeemed)
None

Annual Fund Operating Expenses
 
(expenses that you pay each year as a percentage of the value of your investment)
Management Fees
1.00%
Distribution and/or Service (12b-1) Fees
0.25%
Other Expenses
11.99%
Acquired Fund Fees and Expenses1
0.07%
Total Annual Fund Operating Expenses
13.31%
   Fee Waiver and/or Expense Limitation2
9.24%
   Net Annual Fund Operating Expenses
4.07%
 
 
Page 1 of  2
 
1. "Acquired Fund" means any investment company in which the Fund invests or has invested during the previous fiscal year.  The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.
 
 
2. The Advisor has entered into an Expense Limitation Agreement with the Fund under which it has agreed to waive or reduce its fees and to assume any expenses of the Fund, if necessary, in an amount that limits the Fund's annual operating expenses (exclusive of interest, taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund's business, and, payments under the Rule 12b-1 distribution plan) to not more than 3.75% of the average daily net assets of the Fund through January 1, 2014.  The Fund's net expense ratio will be higher than 3.75% to the extent that it incurs expenses excluded from the Expense Limitation Agreement.  The Expense Limitation Agreement may not be terminated prior to that date.  The Advisor cannot recoup from the Fund any amounts paid by the Advisor under the Expense Limitation Agreement.
 
Example. This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.  The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.  The example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same.  Although your actual costs may be higher or lower, based on these assumptions your costs would be:
 
1 Year
3 Years
5 Years
10 Years
$864
$3,215
$5,192
$8,863
 
Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio).  A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.  These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance.  During the most recent fiscal year, the Fund's portfolio turnover rate was 67.51% of the average value of its portfolio.
 

 

 

 
 
Investors Should Retain This Supplement for Future Reference
Shareholder Fees -
SCS Tactical Allocation Fund
Maximum Sales Charge (Load) Imposed On Purchases (as a % of offering price) 4.75%
Maximum Deferred Sales Charge (Load) (as a % of the lesser of amount purchased or redeemed) none
Redemption Fee (as a % of amount redeemed) none
Annual Fund Operating Expenses -
SCS Tactical Allocation Fund
Management Fees 1.00%
Distribution and/or Service (12b-1) Fees 0.25%
Other Expenses 11.99%
Acquired Fund Fees and Expenses [1] 0.07%
Total Annual Fund Operating Expenses 13.31%
Less Fee Waiver and/or Expense Limitation [2] 9.24%
Net Annual Fund Operating Expenses 4.07%
[1] "Acquired Fund" means any investment company in which the Fund invests or has invested during the previous fiscal year. The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund's gross and net expense ratios reported in the Financial Highlights from the Fund's financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.
[2] The Advisor has entered into an Expense Limitation Agreement with the Fund under which it has agreed to waive or reduce its fees and to assume any expenses of the Fund, if necessary, in an amount that limits the Fund's annual operating expenses (exclusive of interest, taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund's business, and, payments under the Rule 12b-1 distribution plan) to not more than 3.75% of the average daily net assets of the Fund through January 1, 2014. The Fund's net expense ratio will be higher than 3.75% to the extent that it incurs expenses excluded from the Expense Limitation Agreement. The Expense Limitation Agreement may not be terminated prior to that date. The Advisor cannot recoup from the Fund any amounts paid by the Advisor under the Expense Limitation Agreement.
Expense Example - (USD $)
1 Year
3 Years
5 Years
10 Years
SCS Tactical Allocation Fund
864 3,215 5,192 8,863
XML 16 R7.xml IDEA: Risk/Return Detail Data 2.4.0.8040000 - Disclosure - Risk/Return Detail Data {Elements}truetruefalse1false falsefalseDuration_12_31_2012_To_12_31_2012http://www.sec.gov/CIK0001464413duration2012-12-31T00:00:002012-12-31T00:00:001true 1rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false 2rr_ProspectusDaterr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002012-12-31falsefalsetruexbrli:dateItemTypedateThe date of the prospectus.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 1 -Paragraph 3 -Subsection a false0falseRisk/Return Detail DataUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://xbrl.sec.gov/rr/role/RiskReturnDetailData12 XML 17 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Prospectus Date rr_ProspectusDate Dec. 31, 2012
XML 18 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 19 R1.htm IDEA: XBRL DOCUMENT v2.4.0.8
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType Other
Document Period End Date dei_DocumentPeriodEndDate Jun. 28, 2013
Registrant Name dei_EntityRegistrantName Starboard Investment Trust
Central Index Key dei_EntityCentralIndexKey 0001464413
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Jun. 28, 2013
Document Effective Date dei_DocumentEffectiveDate Jun. 28, 2013
Prospectus Date rr_ProspectusDate Dec. 31, 2012
XML 20 R1.xml IDEA: Document and Entity Information 2.4.0.8000001 - Document - Document and Entity Information {Elements}truetruefalse1false falsefalseDuration_12_31_2012_To_12_31_2012http://www.sec.gov/CIK0001464413duration2012-12-31T00:00:002012-12-31T00:00:001true 1rr_RiskReturnAbstractrr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false 2dei_DocumentTypedei_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Otherfalsefalsefalseus-types:SECReportItemTypenaThe type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type should be limited to the same value as the supporting SEC submission type. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, NCSR, N-Q, and Other.No definition available.false03false 2dei_DocumentPeriodEndDatedei_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002013-06-28falsefalsetruexbrli:dateItemTypedateThe end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements this will be the filing date. The format of the date is CCYY-MM-DD.No definition available.false04false 2dei_EntityRegistrantNamedei_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Starboard Investment Trustfalsefalsefalsexbrli:normalizedStringItemTypenormalizedstringThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation 12B -Number 240 -Section 12b -Subsection 1 false05false 2dei_EntityCentralIndexKeydei_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse000001464413falsefalsefalseus-types:centralIndexKeyItemTypenaA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation 12B -Number 240 -Section 12b -Subsection 1 false06false 2dei_AmendmentFlagdei_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsexbrli:booleanItemTypenaIf the value is true, then the document as an amendment to previously-filed/accepted document.No definition available.false07false 2dei_DocumentCreationDatedei_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002013-06-28falsefalsetruexbrli:dateItemTypedateThe date the document was made available and submitted, in CCYY-MM-DD format. The date of submission, date of acceptance by the recipient, and the document effective date are all potentially different.No definition available.false08false 2dei_DocumentEffectiveDatedei_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002013-06-28falsefalsetruexbrli:dateItemTypedateThe date when a document, upon receipt and acceptance, becomes officially effective, in CCYY-MM-DD format. Usually it is a system-assigned date time value, but it may be declared by the submitter in some cases.No definition available.false09false 2rr_ProspectusDaterr_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002012-12-31falsefalsetruexbrli:dateItemTypedateThe date of the prospectus.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 1 -Paragraph 3 -Subsection a false0falseDocument and Entity InformationUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.ncfunds.com/role/DocumentDocumentAndEntityInformationElementsImported19