X0101 EFFECT 33 LIVE 2017-02-27 11:15:00

N-14

0001518042 NORTHERN LIGHTS FUND TRUST II 333-215559 0001518042 NORTHERN LIGHTS FUND TRUST II S000039632 Al Frank Fund C000122236 Al Frank Fund Investor Class 0001518042 NORTHERN LIGHTS FUND TRUST II S000039633 Al Frank Dividend Value Fund C000122238 Al Frank Dividend Value Fund Investor Class 0001518042 NORTHERN LIGHTS FUND TRUST II S000039632 Al Frank Fund C000122237 Al Frank Fund Advisor Class 0001518042 NORTHERN LIGHTS FUND TRUST II S000039633 Al Frank Dividend Value Fund C000122239 Al Frank Dividend Value Fund Advisor Class