X0101 EFFECT 33 LIVE 2021-09-14 09:15:00

N-14

0001464413 Starboard Investment Trust 333-258233 0001464413 Starboard Investment Trust S000072155 AI Quality Growth ETF C000227945 AI Quality Growth ETF 0001464413 Starboard Investment Trust S000042648 Adaptive Fundamental Growth Fund C000131841 Institutional Class Shares 0001464413 Starboard Investment Trust S000072155 AI Quality Growth ETF C000227945 AI Quality Growth ETF 0001464413 Starboard Investment Trust S000042648 Adaptive Fundamental Growth Fund C000131842 Class C Shares 0001464413 Starboard Investment Trust S000072155 AI Quality Growth ETF C000227945 AI Quality Growth ETF 0001464413 Starboard Investment Trust S000042648 Adaptive Fundamental Growth Fund C000200111 Class A Shares 0001464413 Starboard Investment Trust S000072156 RH Hedged Multi-Asset Income ETF C000227946 RH Hedged Multi-Asset Income ETF 0001464413 Starboard Investment Trust S000026514 Adaptive Hedged Multi-Asset Income Fund C000079607 Institutional Class Shares 0001464413 Starboard Investment Trust S000072156 RH Hedged Multi-Asset Income ETF C000227946 RH Hedged Multi-Asset Income ETF 0001464413 Starboard Investment Trust S000026514 Adaptive Hedged Multi-Asset Income Fund C000096729 Class C Shares 0001464413 Starboard Investment Trust S000072156 RH Hedged Multi-Asset Income ETF C000227946 RH Hedged Multi-Asset Income ETF 0001464413 Starboard Investment Trust S000026514 Adaptive Hedged Multi-Asset Income Fund C000200106 Class A Shares 0001464413 Starboard Investment Trust S000072157 RH Tactical Rotation ETF C000227947 RH Tactical Rotation ETF 0001464413 Starboard Investment Trust S000038306 Adaptive Tactical Rotation Fund C000118211 Class C Shares 0001464413 Starboard Investment Trust S000072157 RH Tactical Rotation ETF C000227947 RH Tactical Rotation ETF 0001464413 Starboard Investment Trust S000038306 Adaptive Tactical Rotation Fund C000118212 Institutional Class Shares 0001464413 Starboard Investment Trust S000072157 RH Tactical Rotation ETF C000227947 RH Tactical Rotation ETF 0001464413 Starboard Investment Trust S000038306 Adaptive Tactical Rotation Fund C000200109 Class A Shares 0001464413 Starboard Investment Trust S000072158 Adaptive High Income ETF C000227948 Adaptive High Income ETF 0001464413 Starboard Investment Trust S000038303 Adaptive Hedged High Income Fund C000118205 Institutional Class Shares 0001464413 Starboard Investment Trust S000072158 Adaptive High Income ETF C000227948 Adaptive High Income ETF 0001464413 Starboard Investment Trust S000038303 Adaptive Hedged High Income Fund C000118206 Class C Shares 0001464413 Starboard Investment Trust S000072158 Adaptive High Income ETF C000227948 Adaptive High Income ETF 0001464413 Starboard Investment Trust S000038303 Adaptive Hedged High Income Fund C000200107 Class A Shares 0001464413 Starboard Investment Trust S000072159 RH Tactical Outlook ETF C000227949 RH Tactical Outlook ETF 0001464413 Starboard Investment Trust S000038309 Adaptive Tactical Outlook Fund C000118217 Institutional Class Shares 0001464413 Starboard Investment Trust S000072159 RH Tactical Outlook ETF C000227949 RH Tactical Outlook ETF 0001464413 Starboard Investment Trust S000038309 Adaptive Tactical Outlook Fund C000118218 Class C Shares 0001464413 Starboard Investment Trust S000072159 RH Tactical Outlook ETF C000227949 RH Tactical Outlook ETF 0001464413 Starboard Investment Trust S000038309 Adaptive Tactical Outlook Fund C000200110 Class A Shares