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Guidepath(SM) Opportunistic Fixed Income Fund (First Prospectus Summary) | Guidepath(SM) Opportunistic Fixed Income Fund
GUIDEMARKSM OPPORTUNISTIC FIXED INCOME FUND
Investment Objective
The GuideMarkSM Opportunistic Fixed Income Fund (the "Fund") seeks to maximize
total investment return, consisting of a combination of interest income, capital
appreciation, and currency gains.
Fees and Expenses of the Fund
The following table describes the fees and expenses that you may pay if you buy
and hold shares of the Fund:
Shareholder Fees (fees paid directly from your investment) None
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses
Guidepath(SM) Opportunistic Fixed Income Fund
Service Shares
Management Fees 0.70%
Distribution and/or Service (12b-1) Fees 0.25%
Administrative Service Fees 0.25%
All Other Expenses 0.43%
Other Expenses 0.68%
Acquired Fund Fees and Expenses [1] 0.02%
Total Annual Fund Operating Expenses 1.65%
Amount of Fee Waiver and/or Expense Assumption [2] (0.08%)
Total Annual Fund Operating Expenses (After Fee Waiver and/or Expense Assumption) 1.57%
[1] Acquired Fund Fees and Expenses are indirect fees and expenses that a Fund incurs from investing in the shares of other investment companies, including money market funds and other mutual funds, closed end funds, or business development companies. Please note that the amount of Total Annual Fund Operating Expenses shown in the above table will differ from the Ratio of Expenses to Average Net Assets included in the "Financial Highlights" section of the Prospectus which reflects the operating expenses of the Funds and does not include indirect expenses such as Acquired Fund Fees and Expenses.
[2] Genworth Financial Wealth Management, Inc. has contractually agreed through July 31, 2013, to waive its advisory fees and/or assume expenses otherwise payable by the Fund to the extent necessary to ensure that Total Annual Fund Operating Expenses (excluding Distribution and/or Service (12b-1) Fees, Administrative Service Fees, taxes, interest, trading costs, acquired fund fees and expenses, expenses paid with securities lending expense offset credits and non-routine expenses) do not exceed 1.05% of average daily net assets. This expense limitation agreement may not be terminated prior to July 31, 2013 unless the Board of Trustees consents to an earlier revision or termination.
Example
The following Example is intended to help you compare the cost of investing in
Service Shares of the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in Service Shares of the Fund for
the time periods indicated and then redeem all of your shares at the end of
those periods.  The Example also assumes that your investment has a 5% return
each year and that the Fund's operating expenses remain the same.
Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example (USD $)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Guidepath(SM) Opportunistic Fixed Income Fund Service Shares
160 513 889 1,948
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 86.54%
of the average value of its portfolio.
Principal Investment Strategies of the Fund
Under normal circumstances, the Fund invests at least 80% of its assets in fixed
income securities and/or investments that provide exposure to fixed income
securities. Investments in fixed income securities may include, but are not
limited to, debt securities of governments and government agencies throughout
the world (including the United States), their agencies and instrumentalities
and supranational organizations, municipal and local/provincial debt, debt
securities of corporations, commercial paper, preferred stock, bank loans,
convertible securities, mortgage- or asset-backed securities, inflation-linked
securities, inverse floater securities, interest-only and principal-only
securities, equipment trusts and other securitized or collateralized debt
securities.

The Fund seeks to achieve its investment objective by investing primarily
in fixed and floating rate debt securities, debt obligations of governments,
government-related or corporate issuers worldwide and/or investments that
provide exposure to fixed income securities. The Fund also regularly enters
into currency-related transactions in both developed and emerging markets,
in an attempt to generate total return and manage risk from differences in
global short-term interest rates. The Fund may invest in securities or
structured products that are linked to or derive their value from another
security, index or asset (derivative investments). The Fund may enter into
various currency-related transactions involving derivative instruments,
including currency and cross-currency forwards, currency and cross-currency
swaps, and currency and currency index futures contracts. In addition, the
Fund's assets will be, under normal circumstances, invested in issuers located
in or denominated in at least three countries (including the United States)
and the Fund may invest a substantial portion (up to 75%) of its assets in
emerging markets.

The Fund's investments in fixed income securities may have all types of interest
rate payment and reset terms, including fixed rate, adjustable rate, zero
coupon, pay-in-kind and auction rate features. In addition, the fixed income
securities and related instruments purchased by the Fund may be denominated in
any currency, have coupons payable in any currency and may be of any maturity
or duration. The average maturity of fixed income securities and related
instruments in the Fund's portfolio will fluctuate depending on the sub-advisors'
outlook on changing market, economic, and political conditions. Additionally,
the average duration of the Fund will be a combination not only of the duration
of the debt securities in the Fund but also the presence of fixed income
derivatives, as discussed below. The Fund may utilize fixed income derivatives
to lower or extend the Fund's duration substantially. The Fund may invest in
fixed income securities of any credit quality, including below investment grade
or high yield securities (sometimes referred to as "junk bonds"), and may buy
bonds that are in default. It is anticipated that the Fund will frequently hold
a substantial position in high yield securities.

The Fund may obtain a significant portion of its investment exposure through the
use of derivatives, such as futures, forwards, options, swaps (including, among
others, credit default swaps) and credit derivatives. The Fund intends to use
derivatives to earn income and enhance returns, to manage or adjust the risk and
duration exposure profile of the Fund, to replace more traditional direct
investments, or to obtain exposure to certain markets. The use of these
derivative transactions may allow the Fund to obtain net long or net negative
(short) exposures to selected interest rates, countries, durations or credit
risks. The sub-advisors consider various factors, such as availability and cost,
in deciding whether, when and to what extent to enter into derivative
transactions. At times, the unconstrained investment approach may lead the Fund
to have sizable allocations to particular markets, sectors and industries, and
to have a sizable exposure to certain economic factors, such as credit risk,
currency risk or interest rate risk.

The sub-advisors allocate the Fund's assets based upon their assessments of
changing market, political and economic conditions. Each sub-advisor will
consider various factors, including evaluation of interest and currency exchange
rate changes and credit risks. The sub-advisors have substantial latitude to
invest across broad fixed income, derivative and currency markets. The
unconstrained investment approach may lead the sub-advisors to have sizable
allocations to particular markets, sectors and industries, and sizable exposures
to those various factors.
  
The Fund's currency exposure will be actively managed and the sub-advisors will
attempt to generate total returns and manage risk by identifying relative
valuation discrepancies among global currencies as well as implementing hedging
strategies to limit unwanted currency risks. These decisions are integrated
within the macroeconomic framework analysis of global market and economic
conditions.
Principal Risks of Investing in the Fund
The risks associated with an investment in the Fund can increase during times of
significant market volatility. There is the risk that you could lose all or a
portion of the money you have invested in the Fund. The following risks could
affect the value of your investment in the Fund:

Management Risk: An investment or allocation strategy used by the Advisor or a
sub-advisor may fail to produce the intended results.

Market Risk: The value of the Fund's investments and the net asset values of the
shares of the Fund will fluctuate in response to various market and economic
factors related to the currency, equity and fixed income markets as well as the
financial condition and prospects of companies or issuers in which the Fund
invests.

Foreign Securities Risk: The risks of investing in foreign securities can
increase the potential for losses in the Fund and may include currency
fluctuations, political and economic instability, less government regulation,
less publicly available information, limited trading markets, differences in
financial reporting standards, fewer protections for passive investors and less
stringent regulation of securities markets.

Emerging Markets Risk: In addition to the risks generally associated with
investing in foreign securities described above, countries with emerging markets
may also have relatively unstable governments, fewer shareholder protections,
and more limited economies and securities markets. Additionally, trading in the
currencies of emerging market countries may face periods of limited liquidity or
the political risk of exchange controls or currency repatriation restrictions.

Foreign Exchange Trading Risk: The Fund intends to actively trade in spot and
forward currency positions and related currency derivatives in order to increase
the value of the Fund. The trading of foreign currencies directly generates
risks separate from those faced from the risks of inactive or indirect exposures
to non-dollar denominated instruments, insofar as the Fund may directly take a
loss from the buying and selling of currencies without any related exposure to
non-dollar-denominated assets.

Interest Rate Risk: The market value of fixed income securities will fluctuate
with changes in interest rates. For example, when interest rates rise, the
market value of fixed income securities declines.

Loan risk: Loans are subject to greater risk of loss, greater sensitivity to
interest rate and economic changes, valuation difficulties and potential
illiquidity to a greater extent than other types of investments.

High-Yield Debt Securities Risk: High-yield debt securities or "junk bonds" are
debt securities rated below investment grade by an NRSRO. Junk bonds are subject
to greater credit risk than higher-grade securities and have a greater risk of
default. Issuers of junk bonds are more likely to experience financial
difficulties that may impair their ability to make principal and interest
payments. In addition, the purchase of debt securities which have previously
fallen from investment grade to sub-investment grade status - and in particular
the purchase of such instruments that have already been declared in default as
to either income or principal - is particularly speculative and may lead to a
loss of Fund value.

Mortgage- and Asset-Backed Securities Risk: Mortgage- and asset-backed
securities are subject to prepayment risk, which is the risk that the borrower
will prepay some or all of the principal owed to the issuer. If that happens,
the Fund may have to replace the security by investing the proceeds in a less
attractive security.

Convertible Securities Risk:  The value of convertible securities tends to
decline as interest rates rise and, because of the conversion feature, tends to
vary with fluctuations in the market value of the underlying securities.
  
Derivatives Risk: A derivative is an instrument with a value based on the
performance of an underlying financial asset, index or other measure. The use of
derivatives involves risks different from, or greater than, the risks associated
with investing in more traditional investments. Derivatives may be volatile,
difficult to value, and the Fund may not be able to close out or sell a
derivative position at a particular time or at an anticipated price.

Credit Risk: Individual issues of fixed income securities may be subject to the
credit risk of the issuer. This means that the issuer of a fixed income
security, or in the case of a municipal security, the underlying municipality,
may experience financial problems, causing it to be unable to meet its payment
obligations.

U.S. Government Agency Obligations Risk: Government agency obligations have
different levels of credit support and, therefore, different degrees of credit
risk. Some securities issued by agencies and instrumentalities of the U.S.
Government are supported by the full faith and credit of the United States, but
others are neither insured nor guaranteed by the U.S. Government. The U.S.
Department of the Treasury has the authority to provide financial support to
these debt obligations, but no assurance can be given that the U.S. Government
will do so.

Liquidity Risk: Liquidity risk is the risk that certain securities may be
difficult or impossible to buy or sell at the time and price that a Fund would
like to buy or sell the security. The Fund may, from time to time, take
concentrated positions in positions that may be susceptible to a sudden loss of
liquidity, such as private placements, structured notes, collateralized debt
obligations, collateralized loan obligations, bank loans, over-the-counter
derivative contracts and other similar instruments.

Maturity Risk: The Fund generally invests in municipal securities with
intermediate- to long-term maturities. Generally, the longer a security's
maturity, the greater the risk that interest rate fluctuations may adversely
affect the value of the security.

Portfolio Turnover Risk: Depending on market and other conditions, the Fund may
experience high portfolio turnover, which may result in higher brokerage
commissions and transactions costs, as well as higher taxes.

Non-Diversification Risk: The Fund is a non-diversified investment company,
which means that more of its assets may be invested in the securities of a
single issuer than a diversified investment company. As a non-diversified fund,
the Fund has a greater potential to realize losses upon the occurrence of
adverse events affecting a particular issuer.
Performance
Performance information for the Fund is not included because the Fund has not
been in operation for a full calendar year. Performance information will be
available once the Fund has at least one calendar year of performance.