0000894189-13-006357.txt : 20131120 0000894189-13-006357.hdr.sgml : 20131120 20131120102158 ACCESSION NUMBER: 0000894189-13-006357 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20131120 DATE AS OF CHANGE: 20131120 EFFECTIVENESS DATE: 20131120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HCIM Trust CENTRAL INDEX KEY: 0001577642 IRS NUMBER: 550793050 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-190020 FILM NUMBER: 131231941 BUSINESS ADDRESS: STREET 1: 8540 COLONNADE CENTER DRIVE, SUITE 401 CITY: RALEIGH STATE: NC ZIP: 27615 BUSINESS PHONE: 414-287-3700 MAIL ADDRESS: STREET 1: 8540 COLONNADE CENTER DRIVE, SUITE 401 CITY: RALEIGH STATE: NC ZIP: 27615 0001577642 S000042327 Hatteras Disciplined Opportunity Fund C000131245 Class A HDOAX C000131246 Institutional Class HDOIX 497 1 hcimtst-dof_497cxbrl.htm DEFINITIVE MATERIALS FOR XBRL hcimtst-dof_497cxbrl.htm

 
On behalf of HCIM Trust and pursuant to Rule 497(c) under the Securities Act of 1933, as amended, attached for filing are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information in the definitive Prospectus dated November 6, 2013 for the Hatteras Discplined Opportunity Fund, which was filed pursuant to Rule 497(c) on November 6, 2013.  The purpose of this filing is to submit the XBRL exhibits for the risk/return summary provided in the 497(c) filing (Accession Number 0000894189-13-006166).
 
The XBRL exhibits attached hereto consist of the following:
 

EXHIBIT INDEX

Exhibit
Exhibit No.
Instance Document
EX-101.INS
Schema Document
EX-101.SCH
Calculation Linkbase Document
EX-101.CAL
Definition Linkbase Document
EX-101.DEF
Label Linkbase Document
EX-101.LAB
Presentation Linkbase Document
EX-101.PRE

 
 

EX-101.INS 2 ck0001577642-20131106.xml INSTANCE DOCUMENT 0001577642 2013-11-06 2013-11-06 0001577642 ck0001577642:S000042327Member 2013-11-06 2013-11-06 0001577642 ck0001577642:S000042327Member ck0001577642:C000131245Member 2013-11-06 2013-11-06 0001577642 ck0001577642:S000042327Member ck0001577642:C000131246Member 2013-11-06 2013-11-06 iso4217:USD xbrli:pure Purchases of $1 million and more held less than 18 months may be subject to a contingent deferred sales charge of up to 1.00%. Other Expenses are estimated for the current fiscal year. HCIM Trust 497 false 0001577642 2013-11-06 2013-11-06 2013-11-06 2013-11-06 Hatteras Disciplined Opportunity Fund HDOAX HDOIX Principal Risks of Investing in the Fund <div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Losing all or a portion of your investment is a risk of investing in the Fund. The following additional risks could affect the value of your investment:</font> </div> <br/><table cellpadding="0" cellspacing="0" id="list-24" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman" width="100%"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="FONT-STYLE: normal; DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt; FONT-WEIGHT: normal">&#183;&#160;&#160;</font> </div> </td> <td> <div align="justify" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-WEIGHT: bold">Derivative Securities Risk:</font> The Fund may invest in derivative securities. These are financial instruments that derive their performance from the performance of an underlying asset or index. Derivatives can be volatile and involve various types and degrees of risks, depending upon the characteristics of a particular derivative. Derivatives may entail investment exposures that are greater than their cost would suggest, meaning that a small investment in a derivative could have a large potential impact on the performance of the Fund. The Fund could experience a loss if derivatives do not perform as anticipated, or are not correlated with the performance of other investments which they are used to hedge or if the Fund is unable to liquidate a position because of an illiquid secondary market. The market for many derivatives is, or suddenly can become, illiquid. Changes in liquidity may result in significant, rapid and unpredictable changes in the prices for derivatives.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-26" style="font-size: 10pt; font-family: times new roman; width: 100%;"> <tr valign="top"> <td style="text-align: left; width: 18pt;"> <div style="text-align: left;"> <font style="font-style: normal; display: inline; font-family: symbol, serif; font-size: 10pt; font-weight: normal;">&#183;&#160;&#160;</font> </div> </td> <td> <div align="justify" style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;"> <div align="justify" style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;"> <font style="display: inline; font-family: times new roman; font-size: 10pt;"><font style="font-style: italic; display: inline; font-weight: bold;">Management Risk:</font> The Fund&#8217;s success will depend on the management of the Sub-Advisor (as defined below) and on the skill and acumen of the Sub-Advisor&#8217;s personnel.</font> </div> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-26-0" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman" width="100%"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="FONT-STYLE: normal; DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt; FONT-WEIGHT: normal">&#183;&#160;&#160;</font> </div> </td> <td> <div align="justify" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-WEIGHT: bold">Market Risk:</font> The value of equity securities and other investments owned by the Fund may decline, at times sharply and unpredictably, because of economic changes or other events in the U.S. or abroad that affect individual issuers, sectors or large portions of the market.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-27" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman" width="100%"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</font> </div> </td> <td> <div align="justify" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-WEIGHT: bold">New Fund Risk:</font> The Fund is a recently-formed entity with limited or no operating history upon which prospective investors may evaluate its future performance.&#160;&#160;As such, there can be no assurances that the Fund will be able to implement its investment strategy or achieve its investment objective.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-28" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman" width="100%"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160;</font> </div> </td> <td> <div align="justify" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-WEIGHT: bold">Non-Diversification Risk.</font><font style="DISPLAY: inline; FONT-WEIGHT: bold">&#160;</font>The Fund is non-diversified, which means that it may invest in the securities of relatively few issuers. As a result, the Fund may be more susceptible to a single adverse economic, political or other occurrence affecting one or more of these issuers, and may experience increased volatility due to its investments in those securities.</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-29" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman" width="100%"> <tr valign="top"> <td style="TEXT-ALIGN: left; WIDTH: 18pt"> <div style="TEXT-ALIGN: left"> <font style="FONT-STYLE: normal; DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt; FONT-WEIGHT: normal">&#183;&#160;&#160;</font> </div> </td> <td> <div align="justify" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-WEIGHT: bold">Options Risk:</font> The Fund may invest in options. Options transactions may be effected on securities exchanges or in the OTC market. When options are purchased over-the-counter, the Fund bears the risk that the counter-party that wrote the option will be unable or unwilling to perform its obligations under the option contract. Such options may also be illiquid, and in such cases, the Fund may have difficulty closing out its option positions. Options are also subject to the Derivative Securities Risk described above.</font> </div> </td> </tr> </table> Losing all or a portion of your investment is a risk of investing in the Fund. The Fund is non-diversified, which means that it may invest in the securities of relatively few issuers. As a result, the Fund may be more susceptible to a single adverse economic, political or other occurrence affecting one or more of these issuers, and may experience increased volatility due to its investments in those securities. Portfolio Turnover <div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; 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&#8217;s performance.</font> </div> Principal Investment Strategies <div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund seeks to achieve its investment objective principally by:</font> </div> <br/><table cellpadding="0" cellspacing="0" id="list-22" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman" width="100%"> <tr valign="top"> <td align="right" style="WIDTH: 72pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160; &#160;&#160;&#160;</font> </div> </td> <td> <div align="justify" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Buying call options on the S&amp;P 500&#174; Composite Stock Price Index (the &#8220;S&amp;P 500 Index&#8221;) to create broad market exposure, and</font> </div> </td> </tr> </table> <br/><table cellpadding="0" cellspacing="0" id="list-23" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman" width="100%"> <tr valign="top"> <td align="right" style="WIDTH: 72pt"> <div> <font style="DISPLAY: inline; FONT-FAMILY: symbol, serif; FONT-SIZE: 10pt">&#183;&#160;&#160; &#160;&#160;</font> </div> </td> <td> <div align="justify" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">buying and writing (selling) additional call and put options on the index to enhance market returns and reduce market losses.</font> </div> </td> </tr> </table> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Sub-Advisor, as defined below, employs a proprietary &#8220;Planned Return Strategy&#8221; (&#8220;PRS&#8221;) to select Fund investments.&#160;&#160;PRS is based on the Sub-Advisor&#8217;s work in Behavioral Finance and is designed to consistently outperform the S&amp;P 500<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">&#174;</font> on a risk-adjusted basis in both rising and declining markets. The Fund is classified as non-diversified.&#160;&#160;A non-diversified investment company may invest in the securities of fewer issuers at any one time than diversified funds.</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">The Acertus Planned Return Strategy</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">PRS is implemented through the purchase of a rolling series of tranches of call and put options, each delivering a formulaic return over its term.&#160;&#160;The rolling series of tranches and formulaic tranche returns are explained further below.</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Rolling Series of Tranches</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund generally invests in a series of 12 rolling &#8220;tranches&#8221; of call and put options, with each tranche having approximately a 12-month term. In other words, at any given time, the Fund will generally have one tranche with options expiring in approximately one month, a second tranche expiring in approximately two months, and so on, up to a twelfth tranche expiring in approximately twelve months. Each month, a previously purchased tranche&#8217;s options will generally expire, be exercised or be sold at or near their expiration, and the proceeds generally are used to purchase (or roll into) a new tranche of options expiring in approximately twelve months.</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The rolling nature of the tranches creates diversification of investment time period and market level compared to the risk of buying or selling investments at any one time.</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund expects that its assets will generally be invested evenly across the tranches, such that the average time to expiration of the Fund&#8217;s options will be approximately six months.</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Formulaic Tranche Returns</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Options purchase decisions are made based upon a targeted formulaic return for each tranche over its term. The formula is determined by the Sub Advisor&#8217;s analysis of historic market movements and the likelihood of delivering an attractive risk-adjusted rate of return in different market conditions. The formula dictates a desired level of downside protection and an enhanced market return multiple with the price of options determining the maximum return that a tranche can deliver over its term. Each tranche is intended to be held until the expiration date of its options. Effectively, the formulaic structure amounts to (a) giving up a potential higher return in exchange for return enhancement up to the maximum return and (b) buying limited downside protection at the cost of steeper losses if the index declines past the specified limit.</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">For example, a given tranche may be constructed by purchasing a call option on the S&amp;P&#160;500 Index to gain market exposure, along with buying and writing (selling) put options on the index to protect against a 10% decline in the S&amp;P&#160;500 Index (&#8220;downside protection&#8221;), with a loss of 1.15 times any index decline beyond 10%. In addition, call options may be purchased or written (sold) on the index to double the index&#8217;s gains up to a maximum return of 12% with no additional gains beyond 12%.</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">During periods of high volatility, which may coincide with market lows, options pricing may allow for a greater level of maximum return for a given level of downside protection. During periods of low volatility, which may coincide with market highs, market pricing may support lower maximum returns while maintaining the desired level of downside protection. Therefore, the tranches may allow for higher maximum returns from market lows while maintaining downside protection at market highs.</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Fund generally intends to utilize FLexible EXchange&#174; Options (&#8220;FLEX Options&#8221;), which are customized option contracts available through the Chicago Board Options Exchange that are guaranteed for settlement by the OCC. FLEX Options provide investors with the ability to customize exercise prices and expiration dates, while achieving price discovery in competitive, transparent auctions markets and avoiding the counterparty exposure of over-the-counter (&#8220;OTC&#8221;) options positions.</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">From time to time, the Fund may hold a portion of its assets in cash or invest them in liquid, short-term investments, including U.S. government obligations, certificates of deposit, commercial paper, other investment companies, money market instruments or other securities.</font> </div> <br/><div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Tranches of options only deliver their formulaic return if held until their expiration. Fund performance will equal the value and time weighted average of the individual market valuations for each of the options in all of the tranches held for the intended period, plus the performance of any cash or other securities held in the account, less management fees and other costs.</font> </div> Example <div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">This Example is intended to help you compare the cost of investing in Fund shares with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in Fund shares 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%&#160;return each year and that the Fund&#8217;s operating expenses remain the same.</font></div> 667 1070 177 548 ~ http://usbank.com/20131106/role/ScheduleExpenseExampleTransposed20003 column dei_LegalEntityAxis compact ck0001577642_S000042327Member row primary compact * ~ Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Fees and Expenses of the Fund <div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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 $100,000 in the Fund&#8217;s Class A shares.&#160;&#160;More information about these and other discounts is available from your financial professional and in the &#8220;How to Purchase Shares&#8221; section on page 26 and the &#8220;Purchase, Redemption and Pricing of Shares&#8221; section on page&#160;26 of the Statement of Additional Information (&#8220;SAI&#8221;).</font> </div> 0.0475 0.0000 0.0100 0.0000 0.0125 0.0125 0.0025 0.0000 0.0049 0.0049 0.0199 0.0174 ~ http://usbank.com/20131106/role/ScheduleShareholderFees20001 column dei_LegalEntityAxis compact ck0001577642_S000042327Member row primary compact * ~ ~ http://usbank.com/20131106/role/ScheduleAnnualFundOperatingExpenses20002 column dei_LegalEntityAxis compact ck0001577642_S000042327Member row primary compact * ~ Other Expenses are estimated for the current fiscal year. Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Purchases of $1 million and more held less than 18 months may be subject to a contingent deferred sales charge of up to 1.00%. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in the Fund's Class A shares. Shareholder Fees (fees paid directly from your investment) 100000 Investment Objective <div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Hatteras Disciplined Opportunity Fund (the &#8220;Fund&#8221;) seeks to consistently outperform the broader equity market on a risk-adjusted basis in both rising and declining markets.</font> </div> Performance <div align="justify" style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"> <font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">When the Fund has been in operation for a full calendar year, performance information will be shown here that shows changes in the Fund&#8217;s performance from year to year and how the Fund&#8217;s average annual returns compare with those of a broad measure of market performance. Past performance is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available on the Fund&#8217;s website at www.hatterasfunds.com or by calling the Fund toll-free at 1-877-569-2382.</font> </div> Past performance is not necessarily an indication of how the Fund will perform in the future. 1-877-569-2382 www.hatterasfunds.com When the Fund has been in operation for a full calendar year, performance information will be shown here that shows changes in the Fund's performance from year to year and how the Fund's average annual returns compare with those of a broad measure of market performance. EX-101.SCH 3 ck0001577642-20131106.xsd SCHEMA DOCUMENT 000001 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 020000 - Document - Risk/Return Summary {Unlabeled} - Hatteras Disciplined Opportunity Fund link:presentationLink link:definitionLink link:calculationLink 020001 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020002 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020003 - Schedule - Expense Example {Transposed} link:presentationLink link:definitionLink link:calculationLink 020004 - Disclosure - Risk/Return Detail Data {Elements} - Hatteras Disciplined Opportunity Fund link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 4 ck0001577642-20131106_cal.xml CALCULATION LINKBASE DOCUMENT EX-101.DEF 5 ck0001577642-20131106_def.xml DEFINITION LINKBASE DOCUMENT EX-101.LAB 6 ck0001577642-20131106_lab.xml LABEL LINKBASE DOCUMENT EX-101.PRE 7 ck0001577642-20131106_pre.xml PRESENTATION LINKBASE DOCUMENT EXCEL 8 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0`!@`(````(0!*<]+8;P$``"@&```3``@"6T-O;G1E;G1?5'EP97-= M+GAM;""B!`(HH``"```````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M``````````````````````````````````````#,E%UKPC`4AN\'^P\EMZ.- MNC'&L'JQC\M-F/L!L3FUP30).='IO]]I_&!(I\B$>=/0).=]GQR2MS]&5DKK:Q'HUT^Y$\5,3('W.IU[7E@3P(0T-!ILT'^&4LQU M2%Z6-+TF\:"1)4_KC8U7SH1S6A4B$"E?&+GGDFX<,JJ,>[!2#F\(@_%6AV;E M=X--W3NUQBL)R4CX\"9JPN!+S;^LGTVLG66'15HH;5FJ`J0MYC5U($/G04BL M`$*MLSAFM5!FRWW`/VY&'H?NF4&:\T7A$SEZ%\)Q>R$<=__$$>@=`H_?OU^- M*'/D(F!8:<`SGW8M>LRY$A[D1_"46&<'^*E]B(/>\\A;AY1L'D[OPC:ZFNK4 MD1#XH&`77FTAL'.D5#S=<"^%H,E=";+%F\><'WP#``#__P,`4$L#!!0`!@`( M````(0"U53`C]0```$P"```+``@"7W)E;',O+G)E;',@H@0"**```@`````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M````````````````C)+/3L,P#,;O2+Q#Y/OJ;D@(H:6[3$B[(50>P"3N'[6- MHR1`]_:$`X)*8]O1]N?//UO>[N9I5!\<8B].P[HH0;$S8GO7:GBMGU8/H&(B M9VD4QQJ.'&%7W=YL7WBDE)MBU_NHLHN+&KJ4_"-B-!U/%`OQ['*ED3!1RF%H MT9,9J&74"T\U<%J"`=[!ZH^^CSYLK$SO+ M=N5#9@NIS]NHFD++28,5\YS3$$X4UD^&'!Q0]47P```/__`P!02P,$%``&``@````A M`(%;N,D:`0``800``!H`"`%X;"]?[B, MM-U]=JUX1T>--0J2*`:!)K=%8RH%KX>GFWL0Q-H4NK4&%0Q(L,NNK[;/V&KV MEZAN>A)>Q9""FKE_D)+R&CM-D>W1^$EI7:?9EZZ2OZ6A*%:.RQ>V/FL:0(Z:\_!I$O"A!@FD-`Z)9/.P23_#)/,P6R6A"$> M6K_T86&^ZSG[VR7MV3\EG-S'4H[G;`3K)1G")DP-4*>$`XN3,C.?Q.^]D>W^V1OR$$-&[4B[N;[.K$(GKX1-^!^&;QJL8>_KWH*C*R2`4<3R8XM=E+MM@P9> MKA,)U75?E&7=9R.%49$>-!+H4K[GT`_P1R+TW:<>#5<_+O.ES':W(;\&H:%1 MO:%G'F^BLU_%JBC6Z6:RX@5AB+^;4BC.K^BT'])5MO9RBY8L8!A+KZBIY7J> MY[?<(^"QI2G)^&S&'QWD=\93N'&\R9&*-U4].$*Z5`=W=1\]KS"Y?N#)%E*$ M#?)'..A%$CZG/&$\/0'UP57?>FM5N%2/B@B"BM4>9Q06>J,4_Z#L@12::J]( M3:0993VCC';_1S;I724,VMK,QM3(U;RP=:>1\+$[_Z^X7````__\# M`%!+`P04``8`"````"$`I!QD(CP"```W!0``&````'AL+W=O,Y6+>I/AGS]6 M3V.,C*5U3BM5\PR?N,$OLX\?TH/26U-R;A$0:I/ATMIF2HAA)9?4!*KA-?Q3 M*"VIA:7>$--H3G._258D#L,1D534N"5,]2,,512"\:5B.\EKVT(TKZ@%_Z84 MC3G3)'L$)ZG>[IHGIF0#B+6HA#UY*$:23=\VM=)T74'=QVA(V9GM%S=X*9A6 M1A4V`!QIC=[6/"$3`J19F@NHP,6.-"\R_!I-%P-,9JG/YY?@!W-QCTRI#I^T MR+^(FD/8T";7@+526R=]R]TCV$QN=J]\`[YIE/."[BK[71T^<[$I+70[@8)< M7=/\M.2&0:"`">+$D9BJP`#\(BG<9$`@].BO!Y';TNT.AG'R/(Y`C];JCM52XHX"UXX2AT'R'`[^!S+H('#M()-_&2!M-3Z<);5TEFIU M0#!P8-_30@!J=]=6*_!>HTT,'];!RG9`^ILTXROR,9O)-XJAA>*<=(?["M=R:$V<8V+VU M:/3^X'DKN?06C:ZRA;?#81(?_#!*QM?6VMEOV]O0#?]*]4;4!E6\@(/#X!GF M5+>3WRZL:GP[U\K"P/K;$CY0''H-4XE1H90]+]R[U7_R9G\```#__P,`4$L# M!!0`!@`(````(0"^BS+1CPL```D]```8````>&PO=V]R:W-H965T&ULK%O;CANY$7T/D'\0]&Y)?94TF)F%U8R3!1(@"':39UG3,R-84@\D M^?;W.=7L)EE5M&X8/^S:IXK%PR)YBF)WW__V8[L9?*OWAW6S>Q@FH\EP4.]6 MS=-Z]_(P_/./3Q]FP\'AN-P]+3?-KGX8_JP/P]\>__J7^^_-_LOAM:Z/`T38 M'1Z&K\?CV]UX?%B]UMOE8=2\U3M8GIO]=GG$/_7A-LN]U^^ MOGU8-=LWA/B\WJR//]N@P\%V=??[RZ[9+S]O,.X?2;Y<];';?ZCPV_5JWQR: MY^,(X<:6J![S?#P?(]+C_=,:(Z"T#_;U\\/P8W)G9MEP_'C?)NB_Z_K[(?C[ MX/#:?/_[?OWTS_6N1K8Q3S0#GYOF"[G^_D00&H]5ZT_M#/Q[/WBJGY=?-\?_ M--__4:]?7H^8[@(CHH'=/?TT]6&%C"+,*"THTJK9@`#^.]BN:6D@(\L?#\,4 M':^?CJ\/PZP<%=-)EL!]\+D^'#^M*>1PL/IZ.#;;_UFGI`ME@V1=$/R_"S(= MI;,B*4H*SJ;1EF-+O\V&61Z7C_?[YOL`2PP$#V]+ M6K#)':+U:;!]N\3\*B]("`7Y2%$0`5UCS`?,YK?'-+T??\,$K#J?A?.A9%*K M2B$F1,9@Z&@BS>]`DZ*"IO-Q-!5B0H31 M3%`;948S8/%*YQ2=6H%7N&EF@E8;^6&(!>=5?\Y]*N?34S<=$D;.)JX5IT[U M0"R&'#OK#'5;12#2CE:6N`[:TK-(K,^T+54YEM/7CV:2*(4C0@KY2;Q-7>(+<2('P3OWZK31D&,2Y M4M$07&\0"6J"W1CNM$R*A//Q3&VK<*>E8G^:KE7H\\O=2)5%C@4'UO,;TI8D M-O]*2ZS/W.VOB@HVQFR7=H)NPATZT5O47-&`SQ'5(C&N"P325C`V*)'<16)] MPD%9Q`XJ'?$QT:#$!C==B(LV)U4J,8[DHOFAANU/&2<2N5?D3C"MSRDAJ1+K MTXOJ;,[^S"*#N[P!GS$J=C>-U%;)<-)R(9F+Q/J$DV:1?B7.YV=7(F\PS5@B MYF%U8>-*J>B*<9U?B6TK/GV9E->(3_Z+8I52:10D;I"L-HPXV.1B=2^\DQ,M M#1D&\81A)M^#*X617,6)(74^GJJ"#//B5".ELT"JKZQ:J:V3[-=,KF;;.7FN M"C(^%+PXUTB%O64)1"IL[HNZ%9;4.7FN"C+,BW.-5-@+]HPNC;FL_538:%4$ M9Z=<%-TJYN-+&RJ<_")4D&%> M/(4D^._`U=8-SE7JD//Q5!5DTA!B5&EO2*HWZ%`;!IL#:\REM9#KP#LYKAHR M#.)\)FK')Y1X<\.=L=[)T_)M>LAP[PX)5%QSE!2!6*1*:C2D&$0)Q`K([,+ M?MQD794(RT0ASSF]$R;7[Q8_K9S)574BZT3>/J.@BXF%ABH-&09Q`J(>T#.! M[*)46%VGBQ$_2EGOL\Z)I<*77LY$E(`SJT(I]B)34*4APR!.@&14Z/HM8MFI M,1-+4147F7/J]TNE(<,@QC47PGXZ6:UWJXE];PL-51HR#.($2"Z#9)TAT(DK MEH-?+/XH8&4E=TX]RTI#AD&*=^`)6&#(,XVZM4.%>2N]!0I2'#($Y`J/"9^>JD-UQ"I3R#T'TQ M%?^IOUG2D&$0IW25'.=:CC54:<@PB!,@P0RV%2VA*9XU7_W3,>^4-U2A4AZ# MO)-?0JY=#QGFQ=E>)=FYTN>%ABH-&09Q`A')OFW'.3WV.ZZ4YY[<.?6YJ31D M&,38%E>)=NO-15M#E88,@S@!(=HW"Q251=IG;'7)G-)5HEUHT=90I2'# M($Y`B#8MH=F\/3I?>;E5=%K-UI`\0'JG/CF5A@R#.%V2Z$!/STPA>8LMIZ"J M4)!A$"<0$71:\ML@P+T:7GNI>OKA:;[ZX-%1IR#"($XCH^0V+ MJXRIN3R=>Z<^,Y6&#(,XUZO4O-1JKJ%*0X9!G(!0\-CS%*)^Y^;J?RW.R=/%?7KH<,\^)<28+?@6NGY,B< M6X?RP%$ZGYY7I2'#($Y5U(2;CXQE5R["33.5)VSOY-FZ=CUDF!=G*PK(Z7)? M=F(?7*=IJ-*081`C,!4EH4W7')OS-).V&=8K!,+-Y%2>IWLG1/-.?KXY#U$9 MSG3?%8`@$5,%51HR#.($A-Q3(HJD?;7O#)=.^4^GHG-BJ?!G1\Z$5#?8;&>Z M[S0Z3(6"JJF"#(,X`=+F@`"E8HYU?#'/4Y#B.^9/"C]7$P55&G( M,(@3B$AJDK0O.Y_ATDGAZ51T3BP5_C#'F5PEEU,MEQJJ-&08Q`C,(G*9E.U] MU^E4M`W/[8[>B:7"G],X$R&8M$EO.#[,G&SZU3J3MY3>J2]IE88,@SC7B+;> MPK434>QAM[-\.;&GLIGS\5059)@7ITI"*;3OME]T^#Y(73G-Y,',.WFZKET/ MT:=&72A`EJ[]=,A^++.M]R]U56\VA\&J^4J?!>&0_'COX.Z;I6EQ1V*'$,HR MA:6]@E:6.2SMRV;2,J-/H-H/AI0EA26-]3/+^L^F9)NRO*/C9X1;"6XX[<4L M,UAF40M8X\@3:3,%:YP!8A9P0TF,6,H)HK7?:RG6B(8?D+$VR`%^V<4LZ`<_ MHF*6');V%6[5#V8./R0B;0JTP=U7S((VN&:*69!KW/_$+,@U;EMB%N0:UR`Q M"W*-&X>()4<;W(3'+&B#6^>(I4"N<1T-(I9T`_>ZXE8,O2#MVAB M%O2#=U9B%LP/7A&)63`_>%,C8@&!:/\)\HEWX",M4O2/US=C%O2/MR5C%O2/ M=Q-C%O2#-P&U99%,[NA3$VWYF!1W"U3"F`6D8S@1B^&4EAA.BS:&DSS$Q$"Q^BOBU?ZG\M]R_KW6&PJ9]1D2;M+ZF]_935_N/8O.'( M@L]1FR,^06W_^HI/CFN\)3*A!XC/37/L_X$$C=U'S(__!P``__\#`%!+`P04 M``8`"````"$`A8_/%9,2``!"7P``&````'AL+W=O,/N&IR+DP`)$`2Y/-,2M2(LB0+)]=I_ MGU-]KXM(D98?=KW5IVNJJJOKU`Q[YM./OST_7?VZWNTWVY?/U]7-X/IJ_7*W MO=^\?/U\_9]___3#[/IJ?UB]W*^>MB_KS]>_K_?7/W[Y\Y\^?=_N?MD_KM>' M*VAXV7^^?CP<7A>WM_N[Q_7S:G^S?5V_8.1ANWM>'?#/W=?;_>MNO;IWDYZ? M;H>#P>3V>;5YN?8:%KOWZ-@^/&SNUMWV[MOS^N7@E>S63ZL#[-\_;E[W4=OS MW7O4/:]VOWQ[_>%N^_P*%3]OGC:'WYW2ZZOGN\7?OKYL=ZN?G^#W;]5X=1=U MNW\H]<^;N]UVOWTXW$#=K3=4^SR_G=]"TY=/]QMX0&&_VJT?/E\OJT5?#<;7 MMU\^N0C]=[/^OB_^_VK_N/W^E]WF_N^;ES7"C86B)?AYN_V%H'^[)Q$FWZK9 M/[DE^.?NZG[]L/KV=/C7]OM?UYNOCP>L=PV7R+/%_>_=>G^'D$+-S;`F37?; M)QB`/Z^>-Y0;",GJM\_70UQX3V93*#DR<1PFXN_+KXY+.!?P=U`R?*\' MMSX:+KC=ZK#Z\FFW_7Z%E(6_^]<5;8!J`;TQJMZ5%.>WPHSXDI(E:7&Z$,$] MDN/7+[/AI]M?L9QW`=(8D!&'M!XRN;[*6L8T'L(<&XIE[Q(F>1852\]PJ0_PC+0(SV;<[,9#F&=S#FD]A'LF M5KY+F.195"P]P\I_@&>D!7L,A)86;3[@=COM3##)]JPVF]SS2< MM/!TFXL=T'A(F6YSD4JMA_!T$U6D2YCD6E0,`?.,6IX_7M))BTPW$>XF8!"V MM"1S87=K8(2:+D&2:Z6$^38W?!L[QC]WY4@33[D@*5(N2%C*B3K9)4PROM3# MC*_0],B5&4%V9LXY-2+IA%5-P+"LD^4[8'C:"5"70 MPO6R?/V(E(5_%]2,RG,[_DR[IAK( M2AY`I8/50);R`&(>CD48N@S*'K[5751$SA_@86!];./"15D8W<6P!H:&U`0BV%.LH*WP`B754&\VK`BK[&+5#PETDUOZ` M-/3DSS>:*'!-Y4'<15%NV@!B+HY%IG89E#V,RI6'1-X?X&'H"OA&$Q6@J5+O M4"QC)9*PM5`B'[J,R2XFY)L":&SG:7C!FR58FZH1+U3,3#:E%M-;[)3Z7? M_2AWJ-DVBLI`)R(M4E.T5EV<5[!M%!EA%6Q[(JR>TE@Z!%%II1)U0R7JF8B% ME=KJ,EN/V^30?`=%46%3%&%Y\Z86_6:703%K^BC2D1L1,Q1[ZH25@4>*C>04 ML!W<:E&G13T3\&6G>B:(B;A-!N]<\/A_I#DGBDIC#)CG5''SB0S>'])`'65(%9NT(R7JM*AG(F;36'`.514440VB;%P;42RJXG:GRZ"14<0_.(B1B M6E$"HJBT4A.21O5,Q&T2A$0E8(K3:&?7U5IS5125Y@84"ZJ\.8KSBE2-(B.H M9W%5K;DJBDHK-5=I5,]$/*@&5\WF[HG=F<^S:\U6453::[#55-XXQ7EE5,,\ M(ZJ"K1PS7)`4GJ"PZ*DSJ2I1F9K:@V!+`1(;K0T@]CA^*F]B,BCOQJ@<$KY& MQ"D%I'131U0,":CAF*%6@LE^[B,R2XFY6X> M:N:L%4VV402#DIM3>5N40=F#4A5?):*H8I6.\WL="*W@]R@J=TM)>^ZA9Z=1 M/1-QFP0Y4E2',")9;&:9:L@P@5*(=0W@9%4+EEIB)3^@C2FWLBF/2X MW0[-V3**BJ!J4:=%/1.QH$X$-U)0Z\H]%#EAGJ9)IPL6E^8%U-&PQGDLK*+I M[R/("*N@TA-V:[ZN,N)L[1#07)M0$D?!1EN\NH[*,W01]8G1*1%44G+N/Q-'2SY*J)2M<$ M$%\UL6_;`&(>S40#WF50=L@3L.$0DEXZ1-K/73-2XRBK7#2Q/9II0$%_7MJ1 M,+^U4*(K[#(FNYB4J\1$3)6/%SURF9(FSLQ15)2[*`*9)#=G8I-V&90]"-J- MZD%4*=*N&ERP3*1').)(6-;0$0>`6"*.Q.U/&T`L$:N1*A]>%5#9R:A=K1)Q MK_01X',ST5,XJQXCD3[-U(.XBZIZ>)!P456/A,HN1NW*1:)FX2*=0CA1/3RA MTH/Z;C`A=]_U"Z.!21;Z8>XZJT[_B" MA+DCDKG+F.Q,H8AU4C.C#2'E9ZZ74W/\-9H(W"RQEK*$!`QW3G!6&T!A+?'*._.-G!,ITN49V3GR@;(&$KZ4V''2N6KZ MCH.^,YK(_5,D$##O5L@#$*ZD%IFY`>'L! MZ<]\4U%Z6\D7N9H`8NLMWU]H`XCQ2*5.T&=47N.W^IJ9T==0L3V7)XV^1AY* M;]RU1/FM!ZX6;SD5'7>Y*X):P*(YZ`HO&T` M88&(_"<3X6Z7QY,O22\DK)S,C3[F]-*X6<(7>>ZT"2#FBSQ%V49-<6G4C[`9 MD)UYJV^9(U?DPEQ0&YT:[IU\*YW[@K\3VD^N>`.>Z=OQ0PV3LO,O80TD)Z=[I_IM\,!6VK_CE@ M6-JI_CDJ0B;EL,B6.8.R/]X`PQ^C$SG=,L]U&R(?;#0!P_T1B=5&1*5 ME+=&F_&.*JB["OF$HYE'VB^=$R36!A"].'@D&\/5RM6+RI4_1D_QKKYXKKL( MU1<'#$](P4%M`(7U&M^<[HOSC+Q>WAKP<`K+FWWQG-CZ`Q(VM`K%)55?["[% MZZ7NBP,H)>QTQ&X,YOH./<_(`7BK!4$/H]T]G;%^&J433A$>J%?'*Q9*I7B2B@D=U<0OF MNC-XY"]6,ER461Z)=N3XXY.*WJ[GX6H,66O(8%@YEQ5R?)3#CNN9]Q=>#P]T M\83%MZ\1Q-ZU'LE:7J!BIL.#T#RX7\V%!T2Z?WQKTQ<.5:K(-4;(/8JY()_J M8A$2JG"AE'D7_!<1_4?[GM>[K^MV_?2TO[K;?J.O'>)D'_9.DON/,9(%"\3# M)9080UE=="B4N*8:F6/$/5.0(]ASI,_=V>BQBL8@2_SBTZ_$)GC2#6^/7+ M&D&L\=./-8)8XQ<3:P2QQL\/U@BB@Q_6K1%$![]0ZY$E_%F:_N"'XT5CCN#' M8F@S(SI%1.TY$UB`LV;:@G:".3@Q98T@;CCW8XT@.CBZHD?Z>K*@$R%Z!(NC!&:EP' M+S-8(\A1O%)@C2!#<%;?&!EC#MZ+LT8P!Z^G62-84[P19HU@3?&NE36"E<.M MMS6"5<#+1<;("'/PPJXU@CEX-=8:0:SQ-JHU@ECCW4]K!+'&ZY;&R!BQQIN, MQL@0<_!9`&-DA#EHDJT1Q!HOQ%LCB#5>-+=&$&N\[FV-(-9XZ]H8J6";?_`M M.6L(V_S31S&RQ)Y;FGL.WZQ9-.8(OE,#;:8_0_B##[P8M@WA#[ZI8HU@M?%9 M$&L$:XHO6U@C6%-\,$*/]!6X!!]-TR-MA>OXWEK$`-_PPHB554#I:LEI\UER*G.&?%F#A`QY4X."#'F+5#0S'HEHX?L:!$QZ M;E,:X@/FKZNOZW^L=E\W+_NKI_4#6OZ!.Z"_\Y]`]_\X;%]Q*X#/F&\/^'2Y M^]]'?*M^C>_F#N@X[\-V>XC_H`NDK]]_^;\`````__\#`%!+`P04``8`"``` M`"$`PC(%"%8#``"M"P``&````'AL+W=O%5.U6W:VT*ZWV>.V`"58!L[;3M&^_,Y@0($U# M;A((?_[/,V,/L[QYR3/GF2LM9!$2.O*(PXM(QJ+8A.3WKX>K&7&T847,,EGP MD+QR36Y6'S\L=U(]Z91SXX!#H4.2&E,N7%='*<^9'LF2%_`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``#__P,`4$L# M!!0`!@`(````(0`IBQ`.L@D``&5-```-````>&PO56-UGM?37&)+[X!=EFANQI__L^U7[K M#@:W#T//HIU@XZYZZJGJZNYRVW>_[`)?^^;&B1>%,WUPW=^S/3? MGJVKB:XEJ1VN;#\*W9G^[B;Z+_<__>TN2=]]]^NKZZ8:1(3)3']-T\UMKY=[Z3N3I6N!<_OY)8QB>^D#ZFY@VDXAFQWLB0\\)XZ2:)U> M0UPO6J\]Q]U'.>U->Y!T?[>.PC31G&@;IC/=,"&;5-R^A='WT*+?P&!^V?U= M\H?VS?9Q9J#W[N^I:$IK!I0C`$FX9TAK+T=F]LD/6Y6GX4CV`.ERW+'KH MND?Z]]BBSR7BY,(#VGD\QJ0*29]UO2HW/GN!FVA/[G?MWU%@AT0L/ZBQJX4Q M&1.J])/OO8392)YL-YAA.;&W2:EMG>?.2F2C@5_?@V7DU]KEO-IQ@DD>F\NP M*8E@:6'+^'I,S3ME<1>*$C=:F"D90@3CS?+Z>,PR'-#G'F_@YS MU]2-0PL'6O[]^7V#N6&(:38QV8S M@L7-H[5X9'HY9+(H#@BUK,7X#$(?Y]-%]T@7TVG70@T+GXZ%?AK1IV.A%OY; M=,9IGLK,KD"6\K34HX57_WH\G4XG@YO)9#(UAP/39"0O\XCVPI6[95#H,BK;!'3ZR#SYSWE1KE7.02*O,HA4.15-B/KT*MCY5[E$"CR*H=`D5=9 MZ:U#KZ+`JWAFX9Q2NL MY8N;`(,^UE+9N?L[WUVG6+G%WLLK_4VC#?Y=1FF*>POW=RO/?HE"V\?77M&B M^'ND)>Z^X$;+3$]?/><-RH05=C;'SE2<2T.9'4R:=9MCLS\V1\9-MK#I2'7@ MKKQML&]=J;O6?Z"1N&TVG.,P+)7D*]^J5M8C+^3NDVS!7,T\+=D`,5&$A&2+ M+FRLZL:R-G(MY&SD&DC:R+60M1%=IZYS%4RNHBUN_'UTL&5-^OVL1">KY[A` M#GA-Q-2#X-KL\]G8I(;1QC9M;45^V>L;<:)!_X%BX_!B-/]1@Y'-?WOU(N_\^Z'#Y0N;B_VZVU;N\57E`?SK]E0D1T`XZ%&!MK7-]+LS<9_?]H&2S>VV$UYIHV= MI3)D=31G8UQUS"K9@(@:+Q M=\!C4#0"\]&@:`CF(0AC\`7[!.\)8814A`%XE/2*:IXP$$:,"]+`05"5(;EH M,%2E2!Z#JAQ9N<)0E2(Y"*HR).\)52F2QZ`J1W*N4)4B.0A@1$F&Y#VA*D7R M&%3ER,H50U4IDH.@*D-RGAB>.47V^+)I5D3EZJ=(T(=+H7!0L?S_Z*O=NK&0 M.CBT:(*LHGFV>LI6CO`%6TMQ2VEZ%LBF7H]C[`XM,>B;(P0DWUNG! MJ]1S^#/?8WOS[.ZP%,UN6>S6)QG8@*G2CY*WKK51WCD_)V"1\'0#$8V6LT5] M8V'^0V2(Q>W&"&D$07;F&#JGOZ/P9'6^'XBGTT.#)X;=TVK93S!4-:6A5GFD M,4JH!/@#>8#6$IT24..0$W('K?@ZA7<"EK-217=P^1&G=<8WN-HR?"K,0_^O M$?$$IJ1CZN!PW-B-2$61;+N.D3;*:1'::8"V47XZSVV=_$,,(#]8"CW="S4Y MLRX,V&P;\VMNMX*X5Z&@N__K%UIGQR:T&)^DZ6!`:W.MIZ/;:4T MS::5DK--L%-KGIW,Y[;'9"'F,UF4='A9*$6TE04)N2Q:/7.XT*O;RH+Z3-:0 MUEZ5+&SD:"T+%8U<%M4V.%E8>;3%A2:Y+)'[D23W9IT?616PPD4FR^#B955^ MI!H2)PLFMY55^9$J$)PLF-Q65N5'(.1DF5#25E;E1RH05;A,A%M;6:4?33B. MDS62Y/ZFUH]BK-*27087+ZORHQBK0\E8Y655?A1CE4QNBZOR(Z1R?)GXH:VL MRH]BGC`E\P1O8^5'D?N1)/@<-*4GA9#&\0S?UD#%J\NLZ;ML`.PU*0V!]H&)41]+C;^'9H MIU'\KE$9JA0G.GTD*>[O451R)$HP<"@#Z!]X81#>1:2!EXPA,8:I#-)&3-D7 M1'KHGG0;,6B=H1'CC]:2;<2@=29&3*HT?Y(1\SG<;$L/B;F4AFX9$5^\\,U= MB9$C,DRO.9*1].1NT]@NXT_L4H8D,4^T+[64(::([.G\8A-M/O]\PC;4@D0J MT7')@!82,L#_M4TY&MGFD&H,QV.U4D*>O10[SXM.+.(`+!DJ46V[UKD;F8/SQ8T[[17_P)RNC]8[=X%]<)[_=B M[R%#J7U@WB8^W@(6Y\;FX+]6YV8Z=Y#!9SOD`1M;QPLC>DGY?K3[OP```/__ M`P!02P,$%``&``@````A`/MBI6V4!@``IQL``!,```!X;"]T:&5M92]T:&5M M93$N>&UL[%E/;]LV%+\/V'<@=&]M)[8;!W6*V+&;K4T;Q&Z''FF9EEA3HD#2 M27T;VN.``<.Z89 MUC1"SF67"72(6=L#/F-^-"0/E(<8E@HFVE[5_+S*UM4*WDP7,;5B;6%=W_S2 M=>F"\73-\!3!*&=:Z]=;5W9R^@;`U#*NU^MU>[66 M\/7.=K?;=/`&9/'-)7S_2JM9=_$&%#(:3Y?0VJ']?DH]ATPXVRV%;P!\HYK" M%RB(ACRZ-(L)C]6J6(OP?2[Z`-!`AA6-D9HG9()]B.(NCD:"8LT`;Q)__/QY.1`R:"'1BR^?_/;L MR8NO/OW]N\*1R5D1SBB!4-?A.KL$S(P5SX15Q/*O!T0!A' MO3&1LFS-;0'Z%IQ^`T.]*G7['IM'+E(H.BVC>1-S7D3N\&DWQ%%2AAW0."QB M/Y!3"%&,]KDJ@^]Q-T/T._@!QRO=?9<2Q]VG%X([-'!$6@2(GIF)$E]>)]R) MW\&<33`Q509*NE.I(QK_7=EF%.JVY?"N;+>];=C$RI)G]T2Q7H7[#Y;H'3R+ M]PEDQ?(6]:Y"OZO0WEM?H5?E\L77Y44IABJM&Q+;:YO..UK9>$\H8P,U9^2F M-+VWA`UHW(=!O-29#`P<7""P68,$5Q]1%0Y"G$#?7O,TD4"F MI`.)$B[AO&B&2VEK//3^RIXV&_H<8BN'Q&J/C^WPNA[.CALY&2-58,ZT&:-U M3>"LS-:OI$1!M]=A5M-"G9E;S8AFBJ+#+5=9F]B(K5"MQ:FNP;<#N+DXKLZBO89=Y[$R]E$;SP$E`[F8XL+B8GB]%1VVLUUAH> M\G'2]B9P5(;'*`&O2]U,8A;`?9.OA`W[4Y/99/G"FZU,,3<):G#[8>V^I+!3 M!Q(AU0Z6H0T-,Y6&`(LU)RO_6@/,>E$*E%2CLTFQO@'!\*])`79T74LF$^*K MHK,+(]IV]C4MI7RFB!B$XR,T8C-Q@,'].E1!GS&5<.-A*H)^@>LY;6TSY1;G M-.F*EV(&9\F_W4`BA;JI)6@8,[F3\N>]I!HT"W>04\\VI9/G>:W/@G^Y\ M;#*#4FX=-@U-9O]2!=(.SB"QLD.VF#2I*QIT]9)6RW;K"^XT\WYGC"VENPL_CZGL?/F MS&7GY.)%&CNUL&-K.[;2U.#9DRD*0Y/L(&,<8[Z4%3]F\=%]&UL[)S=;AQ'=L?O`^0="H0= M4@!)D?1:LAV)"XJ28&$MD1#IK!=&$/3,-,E>]4R/^X/D+'+AUU@@`?0$>YM[ M/8J?)+__J:J>GIX9BKOQ)KH(8.]:,_5QZGS\S_^=EE563)YN M[._N;;AT,BQ&V>3RZ<;WYR]WOMIP59U,1DE>3-*G&[.TVOCMX3_^PY.JJAUS M)]73C:NZGG[S\&$UO$K'2;5;3-,)WUP4Y3BI^6-Y^;":EFDRJJ[2M![G#P_V M]AX]'"?99,,-BV92/]TX^/KQAFLFV4]->NP_V7_TQ<;ADRH[?%(?/B^&S3B= MU`XQW(M)G=4S]VKBUT?L)P_KPR[AV[1NRLDW_>\V^Q^T8IW/IFG_R\W??/VX_UD[X30MLT)' M&;GG2;TT]VUZF55UF7#B-\EXZ>O-;X]?O7;G95/5_1V.T5*9Y&AGE-ZZWZ6S M_H#-O;V]_2\?/W[TFX/^5T>H>&1J?IDGE_UO-R^2O%H2I3W1,?:ML<7*\[2C M7EQ@TN\ M;-#GO[OC/*DJ=]0_P'F9R*G=V6P\*/+^MYO?/C\Y^J'_Z7VW?#6I<,I&"D#Y M)D!_*6WP:FF#S7OML+36J\EU6M5FJY/!'[U*^X/.KU)WK]7=5LW07W[^#^GO MEY__\X&KTO1=Y>J"Z)Q4>").E<].D?)?6 M#@](7$D4[22C/^*@F&B0L(;+)FY0U%?Z3E90)(_2(4;4G_SD:K=_ALV7:5KY MJ+\%5"K^4%S8[I*U/_K\BGWJ9)"G+%T-RVS`>(EZ$5=)XRKU55*[6=&P\\Q- M^3>[L#\.FIEM=U7D(U==)>7BCKON#V'.3TV29Q0,&S+ZDIUQ3B$8 M)_9+ZJ3L5+J+9)RAQLQLM^V8F%R6:2H]^\^D(Q.W`7_2;8>(>9H`LY_M[^UM M$[AQ@#?4GZOHZD'2W0_O/[Q_790IXUIP=,D`PVG=*K6C802LUA$3!5\G66YZ MNRB+<9`VFR23888[3\OB(JV4'_B#3A/$Q&.^+6XD_FE3406'GM6A_>LUAP@[,:^+0X MX(.CT2@+(=C)#FZ+#<^.7LFS^PZF!/9--4V&)#8R5)66U^G&X:;?6SZ`ILP% MM\R%IDF&UV8E9\.0-%) MMW)B]X'+QM.B(D)EI&#"RFV!L(DCTH><1Z9#LP6X7;#<1%A M;6L9X`1N:3*\8O,S(A5/=%O[!X.=_0<6I/UY)P9T43?];\^+&D7>?9S^G,45 M'=G!D88S6"Z>K$P@70X;'!NS7Y`(V$%J[UOWYDMTRC)8^$Z^FTW( MO7!8^0GN-[4<-2S&4VUMFQ6D!US)FTR^`#@;#ZI\\KK)R+EK1_I<,";?(.D% M*;7:=>><(8H`D8)XF\/[=!D2%0DIYJ/N9E$%J"05@L!Q=891-C0-*9(096(1 MFXY=DN>2W7PNB$O*D[`<6M_45\!37*@G65X19CWQB/N\^6T''?_0&O[7O_%_;I4GANGD+`+PJPTIU3-A7`;G^F7,K\ M!##"F2AL*K0B<+5C;0.=`!3VPK7'F5$-SGTC5\EJ!R?#DIBL2O.\$K-H2O(\ M;KF%`DGNJM9`;386\\A0\S2*]'45MMQ\Z3=!PA[U3LTETTCAV24:?!L!2 M6$*3UPJS8,0ZN444$[8;"XI0RQB,3&"EM\:ODJ&10_-E[!R.;_G*X&12U.QP MD<,P\`=-]8!_06RZ%0Z*`H)_AI"%-5J-96'4NC:>;81P,ESRX<--.!=$;XJ/ MOII'SQD:J"E#E^&X-69;)9!=,K*M:;X3@$6L3,0:_`ZPIL%LJ;#^\%\?WCMQ MUP_O^Y[SK)D)U`!2H,('A-B*,.+LGX#0?SYU7^[M??B+.P84BRK#G&=U,7QG M1#(-97"L;SHS_#=6[`"M0Q6OH:()M8@#`XK*T_#E2D,2!YG[$N.MDEC^>B,W MY;^WY+C\QP.7S!FJ'4FCIK#SWM'P1JIW!$LG,`W27"BN/)#Y8(#U-/-O\J*B M..KA4ZG>B*,9$];%56B?ES&AZ MCOOAA[XA@F;-)V:*,I'JT[=G48.<$)?U03YW@BRRXEC.QU1UG:,;(W#5K0/Z?\3_4G,9VG M&X]W'V\\/'PR+'*?L\?0_WU]4KZ$MODQY^2PRKU);]S;8IQ,]&THX&P)&_[0 M5JT//_QE[5;[>[_F3JL3SO^PZ+:,;]"%FH=JGF07&8K&4>#P.R/:-70']9&9 M\ZC_*79KNQ'&32;J!L1"-^)3![;)[!=?0,U M:97<`(EKE:2$5/35#R,(E_(.06%J%E! M9#9,W/[!CM59SE0%<#O/6H&,$2PA^,XERB8O$+3;;>IS-Y1P;BX\&U#DR,F" M^DR&B+WH+S-SZ6P+,FB*BD;A8/C(5'&^^I@E:/&V)DD!)C5LI(P;`*N68HGC40THR2Q M_E2LG:S\[!0N9K.0=W/8C1B\U5UV-*VM+J?\.V1\U!7R?`<0E[!M*1S/8Y!Q M>%)HJ+5$8@'BE/_K&0X#>;Q%QX@U48P,:9QKXOR\@5);FU.?X_FE>CD>7B$6 MK35]G>4#?=EAV&TQ%JKL-GIBWPHO6Y`[#Z;UO&&I8C@)1*[U#QK!=(5)Z@9D M8]K*@2TT4S5@8,]T5D.-O8BC0**'V]:;1.NE/8\6TFZ`37&0$:N48\]]9J8P MJ!%]0Z-&=GI:$?E,_6H,2SNY+FAX1?HUIF:0FR"F$("E\^P=,']5<)?#^"[D M(W:-3%0YA.YB/]R*#H:'5`#=_4[L4-S7I41U36>%+L7=&J"C22/I9OTH>=467-/4J*BX4F`>0/3LEB,2*C MP@3,.O`X=!/#"N9?V"?8>\A>00F]#.=1*XY#O=W.!DYFE5)#RRRW;3KN.1(S M1R+9-$@%!EJ-@VKSF8?[H"!L1:^HH>(&`I*Q[\.#1%O)`T>&T"EHNL%ST1"; MP3)#$3>W17H[A',3*G*M\''0GT&$;]JMT(5\8FOP(,)!GHVI1F@7KS)+;:=4 M]:>C<4N24J'1"Q")U[V!EO=%@+\CX=.I+@+TN:[(/$&S+98`Y:5"PK>7E*]" M8@P6"JU*$6C3$P(.VLSAN4JGUB)AV9:!4W]X3ZT5:BJ4>@G;B!Z%P6*UQ#7Q MI?>H.TNAN\J>X,'B%F$0]^-Q+/Z'E-:\@_;0HZL%2#_GP.7T2;!$; M<:PD;W?714[NR[FT"YURC#@CNZE&!SY,3S'Q%3=0K`@&0@Y^%".X MF.56_-?2)-OTCA!&&4-KQZRPTZY;EEB[_!4"ZX!(',3O"EPU=E/L&VX]"=6^ MR3"+FGTU_^J0,I%JSH]AK+5R:-EP0^"A*("<[_7-U12`9E$UE;]$ZFA[A20K M-"5Z%B;9B9=`X!SIEZB[>LDDQL+12L^S/S'BN_0VDS^^^,&#'HV4F)P52R^_ M>_%#_"`$D6Y6+$L/N=PMQJR"VUL^5U5N&8^`:N\3NX75,7.3R\(]*Y)2%_?* M4+S1B'CKY)W"=[H?W\;Z MB,UEHB7RA"1DY_-F\ELDUT5F;Q!T"FL$IB7CN3V/^&FYE\5W&+$31EBOY>3\ MV'HM;2RJV:4-EDS_4E>XD>?U"B)%KEUM*P661A$(UP[9U)&2ZDI(YG4IA8]U MTIRW.=D(7GG%Q!W1J##"&-$V?QCFC1WN^]VS77>I_NK$,F8QR+-+8]OH5*4Z MV4L7`L:Q1JFU[?B"UJ_JD(0KO@3(`G;8.HIA"_GF`D4K`4Y-UKXY4(XHN:<0 M,T-P/V_>;UC2T+E/AK9_U&^N/#3K<^]9(=.Y_DMM939XY7UDA1MG$A;2*G]2N,[G)\1=F`E MH(XO]RXP1?K]>Q3CD*L6]_=*7&"0:FS5>885;]>EA"Y=.FUUF<,X:6^SE8WM M?D_;FK+/Z;U<8U%J@[/Y=8:4$-98T;3\7^DDG@>-8\MN`V\TE[<35VH</YGGT':5Z;F->9H;=)MYY5&28986F M9"$/JFICDZK.AC88_P*CLR$-/-[-M-LOBB)]`4"\HY$$W`H;8D585Y2I4:7L M%L@2'YB#HQ2K`_S57M5<7C(9@$N30$,TSU5C.7MG9<5[1YC@I-;A@N/:2Z1Y MD4.KDS-%,MI3MTZM(/-Q8!CF/1[A.2R/05&LI\T`X/S\5-,%K>`ZFD_]8M(V M%'$*N),IQ`TYL(8,"^[$89V`79N8>V+TT=XX&5P#\6";K!.[2E?I2(]2R`P> MZTQBPKR9V`T;],:G*M6-@@:?)_&38<(2@@$4K[<=RF>AG:?[#H^U7@L!=P6< M@)H20XQ7RC/2#Y]7S6ADW1?OA.0F&$!<=M<=6Q%IC5*_DW\CU[T_U'V&I<() M]BZ3*=+(@9L)/3TK],7,/"^S=2Q4/%^18!V9`K("&FUGW&"F\[#B$\(6JWFX M\85XA>Z6C\/HGYTT$I)K"NZV\O6JL^>,GXC:VHP3'EO.0=@?GB-VF1*P=:.+@,"7+4($4*&\I2U` M*\'NMRK@;JH68L_Q*`T[`:.6-UQ_V'HC[N?C51U(6%?(U<;\^"ZQMZ$!\_QU M=(?4A%L?J"1=*G%U9D3$,DYJJ"NKA9#TZ7_)NW4W9T?[1(P4@0B^D>KM7#[; M$87$#OQ!X6_0%_M"')IR?GZE[YN-,]H`N+)_$$!58^^A11,\]$M;EFD\(^1C ME']AST4C#).&4W]/QU,)GE5840I\AERI%@*W;F+`I$++2M*TR6YT=0!J6HN" M5ZGQALRVZ20?Z#;H>LF-';;^R.7_N@![P]7B+`^G6=L#5 M:[RY_75)T&$D9]JJ=T?\*^]T'I5,INK=JK9=&%)^,`FO7A8)F&S4"7I0S?(I M^B-XN4R-5ZD\=S'":X]4?#^BC7XL:^\8JZ8:IE3?P*Z(&.$K>X!EV7:,!>VF-/.^03%(C1( MUT3SWHX;0:K)WG+IN:\%;-$[L/GYYSZRF.]B3^%3`H1%.X9R;;=M?UC/P#^& M\J&-E5)3+,H!">:'ID<0R0"Z#HA+6R"BI/N]WDO%>E",J=.8[+44.IXQX(I/ M7A?NLUI$",V''7%?M5U(&3>Z6+"A?A=?WR)PH%Z(U4P$(BJCL&1@>&;13A.` M07"7[CJQ<[1+GH;RQ3-(=?SHI!#'C\S*7SYR>GLR1I&J;D"+8)IA'%@W*F+L MB#ZDK2Z!]`I^?HG0$L-J;@OIS/:KYB]YM?3SEOWUJS4RJO^=`7QC0,=CA6/6 M/+":O[[J5[)FLU9\/5D4A-H0B!0MEB%Z5$I_SA9FB M9&-=@M8N]&IN>*?&U9(WH/Y,U32GIG'GR(EL"1%^_[;=;G^+\'*8*&9ZJVN; M$CL7X96:ORY1Q>Q?J`:NK^`%%A+_DQ&5-GI8I8\"S^Z<8]>=ZJ*C\XE*>-40 M$Y)J55'5&5WAO'!D?UP6ZDKFCQ]6B('BD^2N^WZJ"Z7%-DU7=>H7M-W+0"J% MH';KATN_$-"+\SLW]^"T_S4/>I1?Q"RN%0?W=VI\?W;E,.^ICJVSKX1Y> M,7,_GJ>WM7N6\YAOE6#MBF&\1MO@OH`O_-OX.\4+8]8(%U=XDY1Z``$9^XAL M84([?JUL9WJCW?UMR'%B77&_P:IC=V;H=REA?/_,)S@_D@)Z011^*?2QE=LY M<^=JFV'GXML],PY"F+^@VZ,71]5ZU=LJ43G4'EK!YI],VME]0VPN;FU]#-H[?\,O!L+& M[?ONNX(VC`TO@MCMMK?;[&PVH+?6\?/OC/KEXD&Q)+E+,7'0&I7$K_G1[3TC/,JY]U M;WXBQ<$FCX\Z]OMX:<"$OT=AT%/:84>Y[LAS=G_5?WJEAL1]C-*=9K/Z>VPN MLO7^UVM%^'VH%/A),C\8NI^'=(5A_AG/Q\+T_K:;*ZN/_JBN<%94/2_@-V\H MI5[YVDEMOUJ5V'U4I16T`//C=#^[O^WFW[6`Z^]&C?+:OTD\TZ_PA1N7Z2O_ MN^:3R6GC?YA>G9!`3FBKZ$$4%<-P5=44UGD>?J[;6<]FBT2NW#U>>HN0:^21 MO=M=,;3[0U:PC0?X^@WK_L%@_Z-3%\CG^DU^/%B5P@.-ND.X.()6!SK2DR>O MR."XZ\NP.#'."]/6TH[-UB(J__^O?V5]&,1WS^A&OIOR`JZVOUS$OQM=&Q5A MUGP2AK5V61_7#S?_\*G\=1%@T=#C=74%AGODQ&UL(*($ M`2B@``$````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M````````````````````````````````````````````````G)%!2\,P&(;O M@O^AY-ZF:5$DM!FH[.1`<*+L%I-O6[!)0Q)M^^_-NJY.].0QO&^>/-^7:M'K M)OD$YU5K:D2R'"5@1"N5V=7H>;U,;U#B`S>2-ZV!&@W@T8)=7E3"4M$Z>'2M M!1<4^"22C*?"UF@?@J48>[$'S7T6&R:&V]9I'N+1[;#EXIWO`!=Y?HTU!"YY MX/@`3.U,1!-2BAEI/UPS`J3`T(`&$SPF&<'?W0!.^S\OC,E94ZLPV#C3I'O. MEN(8SNW>J[G8=5W6E:-&]"?X=?7P-(Z:*G/8E0#$#OMIN`^KN,JM`GD[L/[- M-8GW^PK_SBHI1CLJ'/``,HGOT:/=*7DI[^[72\2*G)0I(6F1K\D5+4I:EIL* MGUK3?38#]23P;^()P$;OGW_.O@```/__`P!02P,$%``&``@````A`%**]CNV M`0``IP,``!``"`%D;V-0&UL(*($`2B@``$````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M````````````````````````````G)-1:]LP$,??!_L.1N^-W"Z,$625T71D ML+'0I-VCN9>)Z MDHH$G?&%=9M,/*Z_7'T2"3&X`FKO,!,')'&KW[]3R^!;#&R1DFCA*!,5X978'%5?ML*`;'6<=O M-2V\Z?GH:7UH([!6G]NVM@8XWE)_MR9X\B4G]WN#M9+CHHIT*S2[8/F@4R7' M2[4R4.-=--8EU(1*GA-J@=`W;0DVD%8=SSHT[$-"]G=LVXU(?@%ACY.)#H(% MQQ&KEPV+8URWQ$'_]&%+%2*3DE$P)(_A6#N.[51/CX(87`I[@P$D%BX1UY9K MI!_E$@+_@W@Z)CXR#+P#SFF&>7P9^;WCV*W\JQMF;?V8^_D&#Y:V#\B[X/+5 MKFD@'/(%,&,`RN?V?UOFR&#K?`X,IVVOV#*67K3D11.^6;>EQW;MXSEX&O)E M4JTJ"%C$!ISJYX1:Q/F&NC>YJ\!ML#AI_B[T3_)I^'?Z>CI)/Z3QM8UR2IY_ MF/X#``#__P,`4$L!`BT`%``&``@````A`$ISTMAO`0``*`8``!,````````` M`````````````%M#;VYT96YT7U1Y<&5S72YX;6Q02P$"+0`4``8`"````"$` MM54P(_4```!,`@``"P````````````````"H`P``7W)E;',O+G)E;'-02P$" M+0`4``8`"````"$`@5NXR1H!``!A!```&@````````````````#.!@``>&PO M7W)E;',O=V]R:V)O;VLN>&UL+G)E;'-02P$"+0`4``8`"````"$`'Y@[0)(! M``#S`@``#P`````````````````H"0``>&PO=V]R:V)O;VLN>&UL4$L!`BT` M%``&``@````A`*0<9"(\`@``-P4``!@`````````````````YPH``'AL+W=O M&0`` M>&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`,(R!0A6 M`P``K0L``!@`````````````````YRL``'AL+W=O&PO 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  
Risk/Return [Heading] rr_RiskReturnHeading Hatteras Disciplined Opportunity Fund
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock
The Hatteras Disciplined Opportunity Fund (the “Fund”) seeks to consistently outperform the broader equity market on a risk-adjusted basis in both rising and declining markets.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock
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 $100,000 in the Fund’s Class A shares.  More information about these and other discounts is available from your financial professional and in the “How to Purchase Shares” section on page 26 and the “Purchase, Redemption and Pricing of Shares” section on page 26 of the Statement of Additional Information (“SAI”).
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover 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.
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Other Expenses are estimated for the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the cost of investing in Fund shares with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in Fund shares 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.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
The Fund seeks to achieve its investment objective principally by:

·     
Buying call options on the S&P 500® Composite Stock Price Index (the “S&P 500 Index”) to create broad market exposure, and

·     
buying and writing (selling) additional call and put options on the index to enhance market returns and reduce market losses.

The Sub-Advisor, as defined below, employs a proprietary “Planned Return Strategy” (“PRS”) to select Fund investments.  PRS is based on the Sub-Advisor’s work in Behavioral Finance and is designed to consistently outperform the S&P 500® on a risk-adjusted basis in both rising and declining markets. The Fund is classified as non-diversified.  A non-diversified investment company may invest in the securities of fewer issuers at any one time than diversified funds.

The Acertus Planned Return Strategy

PRS is implemented through the purchase of a rolling series of tranches of call and put options, each delivering a formulaic return over its term.  The rolling series of tranches and formulaic tranche returns are explained further below.

Rolling Series of Tranches

The Fund generally invests in a series of 12 rolling “tranches” of call and put options, with each tranche having approximately a 12-month term. In other words, at any given time, the Fund will generally have one tranche with options expiring in approximately one month, a second tranche expiring in approximately two months, and so on, up to a twelfth tranche expiring in approximately twelve months. Each month, a previously purchased tranche’s options will generally expire, be exercised or be sold at or near their expiration, and the proceeds generally are used to purchase (or roll into) a new tranche of options expiring in approximately twelve months.

The rolling nature of the tranches creates diversification of investment time period and market level compared to the risk of buying or selling investments at any one time.

The Fund expects that its assets will generally be invested evenly across the tranches, such that the average time to expiration of the Fund’s options will be approximately six months.

Formulaic Tranche Returns

Options purchase decisions are made based upon a targeted formulaic return for each tranche over its term. The formula is determined by the Sub Advisor’s analysis of historic market movements and the likelihood of delivering an attractive risk-adjusted rate of return in different market conditions. The formula dictates a desired level of downside protection and an enhanced market return multiple with the price of options determining the maximum return that a tranche can deliver over its term. Each tranche is intended to be held until the expiration date of its options. Effectively, the formulaic structure amounts to (a) giving up a potential higher return in exchange for return enhancement up to the maximum return and (b) buying limited downside protection at the cost of steeper losses if the index declines past the specified limit.

For example, a given tranche may be constructed by purchasing a call option on the S&P 500 Index to gain market exposure, along with buying and writing (selling) put options on the index to protect against a 10% decline in the S&P 500 Index (“downside protection”), with a loss of 1.15 times any index decline beyond 10%. In addition, call options may be purchased or written (sold) on the index to double the index’s gains up to a maximum return of 12% with no additional gains beyond 12%.

During periods of high volatility, which may coincide with market lows, options pricing may allow for a greater level of maximum return for a given level of downside protection. During periods of low volatility, which may coincide with market highs, market pricing may support lower maximum returns while maintaining the desired level of downside protection. Therefore, the tranches may allow for higher maximum returns from market lows while maintaining downside protection at market highs.

The Fund generally intends to utilize FLexible EXchange® Options (“FLEX Options”), which are customized option contracts available through the Chicago Board Options Exchange that are guaranteed for settlement by the OCC. FLEX Options provide investors with the ability to customize exercise prices and expiration dates, while achieving price discovery in competitive, transparent auctions markets and avoiding the counterparty exposure of over-the-counter (“OTC”) options positions.

From time to time, the Fund may hold a portion of its assets in cash or invest them in liquid, short-term investments, including U.S. government obligations, certificates of deposit, commercial paper, other investment companies, money market instruments or other securities.

Tranches of options only deliver their formulaic return if held until their expiration. Fund performance will equal the value and time weighted average of the individual market valuations for each of the options in all of the tranches held for the intended period, plus the performance of any cash or other securities held in the account, less management fees and other costs.
Risk [Heading] rr_RiskHeading Principal Risks of Investing in the Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
Losing all or a portion of your investment is a risk of investing in the Fund. The following additional risks could affect the value of your investment:

·  
Derivative Securities Risk: The Fund may invest in derivative securities. These are financial instruments that derive their performance from the performance of an underlying asset or index. Derivatives can be volatile and involve various types and degrees of risks, depending upon the characteristics of a particular derivative. Derivatives may entail investment exposures that are greater than their cost would suggest, meaning that a small investment in a derivative could have a large potential impact on the performance of the Fund. The Fund could experience a loss if derivatives do not perform as anticipated, or are not correlated with the performance of other investments which they are used to hedge or if the Fund is unable to liquidate a position because of an illiquid secondary market. The market for many derivatives is, or suddenly can become, illiquid. Changes in liquidity may result in significant, rapid and unpredictable changes in the prices for derivatives.

·  
Management Risk: The Fund’s success will depend on the management of the Sub-Advisor (as defined below) and on the skill and acumen of the Sub-Advisor’s personnel.

·  
Market Risk: The value of equity securities and other investments owned by the Fund may decline, at times sharply and unpredictably, because of economic changes or other events in the U.S. or abroad that affect individual issuers, sectors or large portions of the market.

·  
New Fund Risk: The Fund is a recently-formed entity with limited or no operating history upon which prospective investors may evaluate its future performance.  As such, there can be no assurances that the Fund will be able to implement its investment strategy or achieve its investment objective.

·  
Non-Diversification Risk. The Fund is non-diversified, which means that it may invest in the securities of relatively few issuers. As a result, the Fund may be more susceptible to a single adverse economic, political or other occurrence affecting one or more of these issuers, and may experience increased volatility due to its investments in those securities.

·  
Options Risk: The Fund may invest in options. Options transactions may be effected on securities exchanges or in the OTC market. When options are purchased over-the-counter, the Fund bears the risk that the counter-party that wrote the option will be unable or unwilling to perform its obligations under the option contract. Such options may also be illiquid, and in such cases, the Fund may have difficulty closing out its option positions. Options are also subject to the Derivative Securities Risk described above.
Risk Lose Money [Text] rr_RiskLoseMoney Losing all or a portion of your investment is a risk of investing in the Fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus The Fund is non-diversified, which means that it may invest in the securities of relatively few issuers. As a result, the Fund may be more susceptible to a single adverse economic, political or other occurrence affecting one or more of these issuers, and may experience increased volatility due to its investments in those securities.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock
When the Fund has been in operation for a full calendar year, performance information will be shown here that shows changes in the Fund’s performance from year to year and how the Fund’s average annual returns compare with those of a broad measure of market performance. Past performance is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available on the Fund’s website at www.hatterasfunds.com or by calling the Fund toll-free at 1-877-569-2382.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess When the Fund has been in operation for a full calendar year, performance information will be shown here that shows changes in the Fund's performance from year to year and how the Fund's average annual returns compare with those of a broad measure of market performance.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-877-569-2382
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.hatterasfunds.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance is not necessarily an indication of how the Fund will perform in the future.
Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.75%
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption price, whichever is less) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 1.25%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.49% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.99%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock Purchases of $1 million and more held less than 18 months may be subject to a contingent deferred sales charge of up to 1.00%.
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 $100,000 in the Fund's Class A shares.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 100,000
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 667
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,070
Institutional Class
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption price, whichever is less) rr_MaximumDeferredSalesChargeOverOther none
Management Fees rr_ManagementFeesOverAssets 1.25%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.49% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.74%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 177
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 $ 548
[1] Purchases of $1 million and more held less than 18 months may be subject to a contingent deferred sales charge of up to 1.00%.
[2] Other Expenses are estimated for the current fiscal year.
EXCEL 11 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%]D,68X8F0Y,U\T8F,Q7S1B-S=?.&(Q,U]A9#=F M,C,Q9&,S9&$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)T7V0Q9CAB9#DS7S1B M8S%?-&(W-U\X8C$S7V%D-V8R,S%D8S-D80T*0V]N=&5N="U,;V-A=&EO;CH@ M9FEL93HO+R]#.B]D,68X8F0Y,U\T8F,Q7S1B-S=?.&(Q,U]A9#=F,C,Q9&,S M9&$O5V]R:W-H965T'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA3PO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^)S`P,#$U-S'0^3F]V(#8L M#0H)"3(P,3,\'0^3F]V(#8L#0H)"3(P,3,\'0^)SQS<&%N/CPO M6UB;VP\+W1D/@T*("`@("`@("`\=&0@8VQA'0^)TA$3TE8/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]D,68X8F0Y,U\T8F,Q7S1B M-S=?.&(Q,U]A9#=F,C,Q9&,S9&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z M+R\O0SHO9#%F.&)D.3-?-&)C,5\T8C'0O:'1M M;#L@8VAA2!&=6YD/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)TEN=F5S=&UE;G0@3V)J96-T:79E/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)SQD:78@86QI9VX],T1J=7-T:69Y('-T M>6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)' M24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<^(#QF;VYT('-T>6QE M/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R M;VUA;CL@1D].5"U325I%.B`Q,'!T)SY4:&4@2&%T=&5R87,@1&ES8VEP;&EN M960@3W!P;W)T=6YI='D@1G5N9"`H=&AE("8C.#(R,#M&=6YD)B,X,C(Q.RD@ M'0^)T9E97,@86YD M($5X<&5N'0^)SQD:78@86QI9VX],T1J=7-T:69Y('-T>6QE/3-$)U1% M6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@ M,'!T.R!-05)'24XM4DE'2%0Z(#!P="<^(#QF;VYT('-T>6QE/3-$)T1)4U!, M05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D]. M5"U325I%.B`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`P<'0[($1)4U!,05DZ M(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<^ M(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ M('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY4:&4@1G5N9"!S M965K2!B>3H\+V9O;G0^(#PO9&EV/B`\8G(O/CQT86)L92!C96QL<&%D M9&EN9STS1#`@8V5L;'-P86-I;F<],T0P(&ED/3-$;&ES="TR,B!S='EL93TS M1"=&3TY4+49!34E,63H@=&EM97,@;F5W(')O;6%N.R!&3TY4+5-)6D4Z(#$P M<'0[($9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R M;VUA;B<@=VED=&@],T0Q,#`E/B`\='(@=F%L:6=N/3-$=&]P/B`\=&0@86QI M9VX],T1R:6=H="!S='EL93TS1"=724142#H@-S)P="<^(#QD:78^(#QF;VYT M('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('-Y;6)O M;"P@'!O6UB M;VPL('-E6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($U! M4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@6EN9R!A;F0@=W)I=&EN9R`H M2!S='EL93TS1"=415A4 M+4E.1$5.5#H@,'!T.R!$25-03$%9.B!B;&]C:SL@34%21TE.+4Q%1E0Z(#!P M=#L@34%21TE.+5))1TA4.B`P<'0G/B`\9F]N="!S='EL93TS1"=$25-03$%9 M.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE'0M M=&]P)SXF(S$W-#L\+V9O;G0^(&]N(&$@2!S='EL93TS1"=415A4+4E. M1$5.5#H@,'!T.R!$25-03$%9.B!B;&]C:SL@34%21TE.+4Q%1E0Z(#!P=#L@ M34%21TE.+5))1TA4.B`P<'0G/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I M;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE2!S='EL93TS1"=415A4+4E.1$5.5#H@,'!T.R!$25-0 M3$%9.B!B;&]C:SL@34%21TE.+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4.B`P M<'0G/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%- M24Q9.B!T:6UE2!I;G9E&EM871E;'D@82`Q,BUM;VYT:"!T97)M+B!);B!O=&AE&EM871E;'D@;VYE(&UO;G1H+"!A('-E8V]N9"!T&EM871E;'D@='=O(&UO;G1H'!I2!P=7)C:&%S960@=')A;F-H928C.#(Q-SMS(&]P=&EO;G,@=VEL;"!G96YE M&5R8VES960@;W(@8F4@'!I2!S='EL93TS1"=415A4+4E.1$5.5#H@,'!T.R!$25-03$%9 M.B!B;&]C:SL@34%21TE.+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4.B`P<'0G M/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9 M.B!T:6UE2!A8W)O'!I&EM871E M;'D@6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ M(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<^ M(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ M('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T.R!&3TY4+5=%24=( M5#H@8F]L9"<^1F]R;75L86EC(%1R86YC:&4@4F5T=7)N&EM=6T@'!I6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE M=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY&;W(@97AA;7!L92P@82!G:79E M;B!T2!B92!C;VYS=')U8W1E9"!B>2!P=7)C:&%S:6YG(&$@ M8V%L;"!O<'1I;VX@;VX@=&AE(%,F86UP.U`F(S$V,#LU,#`@26YD97@@=&\@ M9V%I;B!M87)K970@97AP;W-U"!T;R!D;W5B;&4@=&AE(&EN9&5X)B,X,C$W.W,@9V%I;G,@=7`@=&\@82!M M87AI;75M(')E='5R;B!O9B`Q,B4@=VET:"!N;R!A9&1I=&EO;F%L(&=A:6YS M(&)E>6]N9"`Q,B4N/"]F;VYT/B`\+V1I=CX@/&)R+SX\9&EV(&%L:6=N/3-$ M:G5S=&EF>2!S='EL93TS1"=415A4+4E.1$5.5#H@,'!T.R!$25-03$%9.B!B M;&]C:SL@34%21TE.+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4.B`P<'0G/B`\ M9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T M:6UE2!A;&QO=R!F;W(@ M82!G&EM=6T@6QE/3-$)U1%6%0M24Y$14Y4 M.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)' M24XM4DE'2%0Z(#!P="<^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN M93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q M,'!T)SY4:&4@1G5N9"!G96YE2!I;B!C;VUP971I=&EV92P@=')A;G-P87)E;G0@875C M=&EO;G,@;6%R:V5T2!E M>'!O2!S='EL93TS1"=415A4+4E.1$5.5#H@,'!T.R!$ M25-03$%9.B!B;&]C:SL@34%21TE.+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4 M.B`P<'0G/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M M1D%-24Q9.B!T:6UE2!D96QI=F5R('1H96ER(&9O'!I'0^)SQD:78@86QI9VX],T1J M=7-T:69Y('-T>6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L M;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<^(#QF M;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I M;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY,;W-I;F<@86QL(&]R M(&$@<&]R=&EO;B!O9B!Y;W5R(&EN=F5S=&UE;G0@:7,@82!R:7-K(&]F(&EN M=F5S=&EN9R!I;B!T:&4@1G5N9"X@5&AE(&9O;&QO=VEN9R!A9&1I=&EO;F%L M(')I6]U6QE/3-$)T9/3E0M M1D%-24Q9.B!T:6UE6QE/3-$)U1%6%0M24Y$14Y4.B`P M<'0[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T)SX@/&9O M;G0@6QE/3-$ M)T9/3E0M4U193$4Z(&ET86QI8SL@1$E34$Q!63H@:6YL:6YE.R!&3TY4+5=% M24=(5#H@8F]L9"<^1&5R:79A=&EV92!396-U7!EF4Z(#$P<'0[(&9O;G0M9F%M M:6QY.B!T:6UE6QE/3-$)W1E>'0M86QI9VXZ(&QE9G0[)SX@ M/&9O;G0@6UB;VPL('-EF4Z M(#$P<'0[(&9O;G0M=V5I9VAT.B!N;W)M86P[)SXF(S$X,SLF(S$V,#LF(S$V M,#L\+V9O;G0^(#PO9&EV/B`\+W1D/B`\=&0^(#QD:78@86QI9VX],T1J=7-T M:69Y('-T>6QE/3-$)W1E>'0M:6YD96YT.B`P<'0[(&UA6QE/3-$)W1E>'0M:6YD96YT.B`P<'0[(&UA6QE/3-$)V1I6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B`\9F]N M="!S='EL93TS1"=&3TY4+5-464Q%.B!N;W)M86P[($1)4U!,05DZ(&EN;&EN M93L@1D].5"U&04U)3%DZ('-Y;6)O;"P@2!S M='EL93TS1"=415A4+4E.1$5.5#H@,'!T.R!-05)'24XM3$5&5#H@,'!T.R!- M05)'24XM4DE'2%0Z(#!P="<^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN M;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I% M.B`Q,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-464Q%.B!I=&%L:6,[($1) M4U!,05DZ(&EN;&EN93L@1D].5"U714E'2%0Z(&)O;&0G/DUA2!S96-U2!T:&4@1G5N9"!M87D@9&5C;&EN M92P@870@=&EM97,@2!A;F0@=6YP2P@8F5C875S M92!O9B!E8V]N;VUI8R!C:&%N9V5S(&]R(&]T:&5R(&5V96YT6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q.'!T)SX@ M/&1I=B!S='EL93TS1"=415A4+4%,24=..B!L969T)SX@/&9O;G0@6QE M/3-$)U1%6%0M24Y$14Y4.B`P<'0[($U!4D=)3BU,1494.B`P<'0[($U!4D=) M3BU224=(5#H@,'!T)SX@/&9O;G0@6QE/3-$)T9/3E0M4U193$4Z(&ET86QI8SL@1$E34$Q! M63H@:6YL:6YE.R!&3TY4+5=%24=(5#H@8F]L9"<^3F5W($9U;F0@4FES:SH\ M+V9O;G0^(%1H92!&=6YD(&ES(&$@2!W M:71H(&QI;6ET960@;W(@;F\@;W!E6QE/3-$)T9/3E0M M1D%-24Q9.B!T:6UE2!S='EL93TS1"=415A4+4E.1$5. M5#H@,'!T.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<^ M(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ M('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\9F]N="!S='EL M93TS1"=&3TY4+5-464Q%.B!I=&%L:6,[($1)4U!,05DZ(&EN;&EN93L@1D]. M5"U714E'2%0Z(&)O;&0G/DYO;BU$:79E2!E>'!E6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B`\9F]N="!S='EL93TS M1"=&3TY4+5-464Q%.B!N;W)M86P[($1)4U!,05DZ(&EN;&EN93L@1D].5"U& M04U)3%DZ('-Y;6)O;"P@2!S='EL93TS1"=4 M15A4+4E.1$5.5#H@,'!T.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE' M2%0Z(#!P="<^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D]. M5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SX\ M9F]N="!S='EL93TS1"=&3TY4+5-464Q%.B!I=&%L:6,[($1)4U!,05DZ(&EN M;&EN93L@1D].5"U714E'2%0Z(&)O;&0G/D]P=&EO;G,@4FES:SH\+V9O;G0^ M(%1H92!&=6YD(&UA>2!I;G9E2!A;'-O(&)E(&EL;&EQ=6ED+"!A;F0@:6X@2!C;&]S:6YG(&]U M="!I=',@;W!T:6]N('!O65A65A2!C86QL:6YG('1H92!&=6YD('1O M;&PM9G)E92!A="`Q+3@W-RTU-CDM,C,X,BX\+V9O;G0^(#PO9&EV/CQS<&%N M/CPO7!E.B!T M97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE M860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT M96YT/3-$)W1E>'0O:'1M;#L@8VAA2!S='EL93TS1"=415A4 M+4E.1$5.5#H@,'!T.R!$25-03$%9.B!B;&]C:SL@34%21TE.+4Q%1E0Z(#!P M=#L@34%21TE.+5))1TA4.B`P<'0G/B`\9F]N="!S='EL93TS1"=$25-03$%9 M.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE2!O=71P97)F;W)M('1H92!B2!M87)K M970@;VX@82!R:7-K+6%D:G5S=&5D(&)A'!E;G-E2&5A9&EN9SPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^)T9E97,@86YD($5X<&5N'!E;G-E($YA'!E;G-E3F%R'!E;G-E2!F'!E;G-E'!E M;G-E6]U'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)SQD:78@ M86QI9VX],T1J=7-T:69Y('-T>6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1) M4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z M(#!P="<^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U& M04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY4:&4@ M1G5N9"!P87ES('1R86YS86-T:6]N(&-O7,@86YD('-E;&QS('-E8W5R:71I97,@*&]R("8C M.#(R,#MT=7)N&%B;&4@ M86-C;W5N="X@5&AE'!E;G-E'0^)T]T:&5R($5X<&5N&%M<&QE(%M(96%D:6YG73PO M=&0^#0H@("`@("`@(#QT9"!C;&%S&%M<&QE M2&5A9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)T5X86UP M;&4\'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$=&@^2!S='EL93TS1"=415A4+4E.1$5.5#H@,'!T.R!$25-03$%9 M.B!B;&]C:SL@34%21TE.+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4.B`P<'0G M/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9 M.B!T:6UE2P@665A'!E;G-E M17AA;7!L94)Y665A6]U M4AE861I;F<\+W1D/@T*("`@("`@("`\=&0@ M8VQA2!S='EL M93TS1"=415A4+4E.1$5.5#H@,'!T.R!$25-03$%9.B!B;&]C:SL@34%21TE. M+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4.B`P<'0G/B`\9F]N="!S='EL93TS M1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6UB;VPL('-E6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($U!4D=)3BU,1494.B`P<'0[ M($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@6EN9R!C86QL(&]P=&EO;G,@;VX@=&AE(%,F86UP.U`@ M-3`P)B,Q-S0[($-O;7!O"`H=&AE("8C M.#(R,#M3)F%M<#M0(#4P,"!);F1E>"8C.#(R,3LI('1O(&-R96%T92!B6QE/3-$)T9/3E0M1D%-24Q9 M.B!T:6UE6QE/3-$)U=)1%1(.B`W,G!T)SX@/&1I=CX@/&9O;G0@2!S='EL93TS1"=415A4+4E.1$5.5#H@,'!T.R!-05)'24XM3$5&5#H@,'!T M.R!-05)'24XM4DE'2%0Z(#!P="<^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ M(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U3 M25I%.B`Q,'!T)SYB=7EI;F<@86YD('=R:71I;F<@*'-E;&QI;F28C.#(R M,3L@*"8C.#(R,#M04E,F(S@R,C$[*2!T;R!S96QE8W0@1G5N9"!I;G9E2!O=71P97)F;W)M('1H92!3)F%M M<#M0(#4P,#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U3 M25I%.B`W,"4[(%9%4E1)0T%,+4%,24=..B!T97AT+71O<"<^)B,Q-S0[/"]F M;VYT/B!O;B!A(')I2!O;F4@=&EM92!T:&%N M(&1I=F5R3PO9F]N=#X@/"]D:78^(#QB6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)' M24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<^(#QF;VYT('-T>6QE M/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R M;VUA;CL@1D].5"U325I%.B`Q,'!T.R!&3TY4+5=%24=(5#H@8F]L9"<^4F]L M;&EN9R!397)I97,@;V8@5')A;F-H97,\+V9O;G0^(#PO9&EV/B`\8G(O/CQD M:78@86QI9VX],T1J=7-T:69Y('-T>6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[ M($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE' M2%0Z(#!P="<^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D]. M5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY4 M:&4@1G5N9"!G96YE2!G M:79E;B!T:6UE+"!T:&4@1G5N9"!W:6QL(&=E;F5R86QL>2!H879E(&]N92!T M'!I2!T=V5L=F4@ M;6]N=&AS+B!%86-H(&UO;G1H+"!A('!R979I;W5S;'D@<'5R8VAA'!I M2!A2!T=V5L=F4@;6]N=&AS M+CPO9F]N=#X@/"]D:78^(#QB6EN9R!O2!O;F4@=&EM92X\+V9O;G0^(#PO9&EV/B`\8G(O/CQD:78@86QI9VX] M,T1J=7-T:69Y('-T>6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1)4U!,05DZ M(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z(#!P="<^ M(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U&04U)3%DZ M('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY4:&4@1G5N9"!E M>'!E8W1S('1H870@:71S(&%S2!B92!I;G9E M"!M;VYT:',N M/"]F;VYT/B`\+V1I=CX@/&)R+SX\9&EV(&%L:6=N/3-$:G5S=&EF>2!S='EL M93TS1"=415A4+4E.1$5.5#H@,'!T.R!$25-03$%9.B!B;&]C:SL@34%21TE. M+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4.B`P<'0G/B`\9F]N="!S='EL93TS M1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($1) M4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!-05)'24XM4DE'2%0Z M(#!P="<^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN;&EN93L@1D].5"U& M04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I%.B`Q,'!T)SY/<'1I M;VYS('!U2P@=&AE(&9O"!D96-L:6YE2!S='EL93TS1"=415A4 M+4E.1$5.5#H@,'!T.R!$25-03$%9.B!B;&]C:SL@34%21TE.+4Q%1E0Z(#!P M=#L@34%21TE.+5))1TA4.B`P<'0G/B`\9F]N="!S='EL93TS1"=$25-03$%9 M.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE6EN9R!A;F0@=W)I=&EN9R`H2!I;F1E>"!D96-L:6YE(&)E>6]N9"`Q M,"4N($EN(&%D9&ET:6]N+"!C86QL(&]P=&EO;G,@;6%Y(&)E('!U"8C.#(Q-SMS(&=A:6YS('5P('1O(&$@;6%X:6UU;2!R971U2P@=VAI8V@@;6%Y(&-O:6YC:61E('=I=&@@;6%R:V5T(&QO=W,L M(&]P=&EO;G,@<')I8VEN9R!M87D@86QL;W<@9F]R(&$@9W)E871E2!S='EL93TS1"=415A4+4E.1$5.5#H@,'!T.R!$25-03$%9 M.B!B;&]C:SL@34%21TE.+4Q%1E0Z(#!P=#L@34%21TE.+5))1TA4.B`P<'0G M/B`\9F]N="!S='EL93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9 M.B!T:6UEF5D(&]P=&EO;B!C;VYT&-H86YG M92!T:&%T(&%R92!G=6%R86YT965D(&9O&5R8VES92!P2!M87)K970@ M:6YS=')U;65N=',@;W(@;W1H97(@6QE/3-$)U1%6%0M24Y$ M14Y4.B`P<'0[($1)4U!,05DZ(&)L;V-K.R!-05)'24XM3$5&5#H@,'!T.R!- M05)'24XM4DE'2%0Z(#!P="<^(#QF;VYT('-T>6QE/3-$)T1)4U!,05DZ(&EN M;&EN93L@1D].5"U&04U)3%DZ('1I;65S(&YE=R!R;VUA;CL@1D].5"U325I% M.B`Q,'!T)SY46QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q.'!T)SX@/&1I=B!S='EL93TS M1"=415A4+4%,24=..B!L969T)SX@/&9O;G0@6UB M;VPL('-E2!I;G9E2!M87)K970N(%1H92!M87)K970@9F]R(&UA;GD@9&5R:79A=&EV97,@:7,L M(&]R('-U9&1E;FQY(&-A;B!B96-O;64L(&EL;&EQ=6ED+B!#:&%N9V5S(&EN M(&QI<75I9&ET>2!M87D@6QE/3-$)V9O;G0M6QE/3-$)W1E>'0M86QI9VXZ(&QE9G0[('=I M9'1H.B`Q.'!T.R<^(#QD:78@6QE.B!N;W)M86P[(&1I3H@:6YL:6YE.R!F;VYT+69A;6EL>3H@=&EM97,@;F5W(')O;6%N.R!F;VYT M+7-I>F4Z(#$P<'0[)SX\9F]N="!S='EL93TS1"=F;VYT+7-T>6QE.B!I=&%L M:6,[(&1I6QE/3-$)U1%6%0M24Y$14Y4.B`P<'0[($U!4D=)3BU,1494.B`P<'0[ M($U!4D=)3BU224=(5#H@,'!T)SX@/&9O;G0@6QE/3-$)T9/3E0M4U193$4Z(&ET86QI8SL@ M1$E34$Q!63H@:6YL:6YE.R!&3TY4+5=%24=(5#H@8F]L9"<^36%R:V5T(%)I M2!D96-L M:6YE+"!A="!T:6UE6QE/3-$)U1%6%0M04Q)1TXZ(&QE9G0G/B`\9F]N="!S='EL M93TS1"=$25-03$%9.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!S>6UB;VPL('-E M2UF;W)M960@96YT:71Y M('=I=&@@;&EM:71E9"!O2!U<&]N('=H M:6-H('!R;W-P96-T:79E(&EN=F5S=&]R6QE/3-$ M)U1%6%0M04Q)1TXZ(&QE9G0[(%=)1%1(.B`Q.'!T)SX@/&1I=B!S='EL93TS M1"=415A4+4%,24=..B!L969T)SX@/&9O;G0@6QE/3-$)U1%6%0M24Y$ M14Y4.B`P<'0[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU224=(5#H@,'!T M)SX@/&9O;G0@6QE/3-$)T9/3E0M4U193$4Z(&ET86QI8SL@1$E34$Q!63H@:6YL:6YE.R!& M3TY4+5=%24=(5#H@8F]L9"<^3F]N+41I=F5R2!I;G9E2!F97<@:7-S=65R2!B92!M;W)E('-U6QE/3-$)T9/3E0M1D%-24Q9.B!T:6UE6QE/3-$ M)U1%6%0M24Y$14Y4.B`P<'0[($U!4D=)3BU,1494.B`P<'0[($U!4D=)3BU2 M24=(5#H@,'!T)SX@/&9O;G0@6QE/3-$)T9/3E0M4U193$4Z(&ET86QI8SL@1$E34$Q!63H@ M:6YL:6YE.R!&3TY4+5=%24=(5#H@8F]L9"<^3W!T:6]N&-H M86YG97,@;W(@:6X@=&AE($]40R!M87)K970N(%=H96X@;W!T:6]N'0^)U1H92!&=6YD(&ES(&YO;BUD:79E2!E>'!E M'0^)U!E'0@ M0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^2!S='EL93TS1"=415A4 M+4E.1$5.5#H@,'!T.R!$25-03$%9.B!B;&]C:SL@34%21TE.+4Q%1E0Z(#!P M=#L@34%21TE.+5))1TA4.B`P<'0G/B`\9F]N="!S='EL93TS1"=$25-03$%9 M.B!I;FQI;F4[($9/3E0M1D%-24Q9.B!T:6UE'0^)U=H96X@=&AE($9U M;F0@:&%S(&)E96X@:6X@;W!E65A65A2!0:&]N92!;5&5X=%T\+W1D/@T*("`@("`@("`\=&0@8VQA5!H;VYE/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$=&5X=#XG,2TX-S2!7 M96)S:71E($%D9')E'1=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S M/3-$=&@^'0^)W=W=RYH871T97)A M'1= M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'0^)SQS<&%N/CPO M&EM=6T@&EM=6U386QE'!E;G-E'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)U!U'!E;G-E0G)E86MP;VEN=$1I'0^)UEO=2!M87D@<75A;&EF>2!F;W(@'!E;G-E($)R96%K<&]I M;G0L($UI;FEM=6T@26YV97-T;65N="!297%U:7)E9"!;06UO=6YT73PO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'!E M;G-E17AA;7!L95EE87(P,3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E M($5X86UP;&4L('=I=&@@4F5D96UP=&EO;BP@,R!996%R&%M<&QE665A&EM=6T@9&5F97)R960@&EM=6U$969E'!E;G-E'!E;G-E'!E M;G-E($5X86UP;&4L('=I=&@@4F5D96UP=&EO;BP@,2!996%R/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$=&@^&%M<&QE+"!W:71H(%)E M9&5M<'1I;VXL(#,@665A'!E;G-E17AA;7!L95EE87(P,SPO=&0^#0H@("`@("`@(#QT9"!C M;&%S3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]D,68X8F0Y M,U\T8F,Q7S1B-S=?.&(Q,U]A9#=F,C,Q9&,S9&$-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO9#%F.&)D.3-?-&)C,5\T8C'0O:'1M;#L@8VAA7!E.B!T97AT+VAT M;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\>&UL('AM;&YS.F\],T0B=7)N M.G-C:&5M87,M;6EC XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.8 Html 4 48 1 true 3 0 false 2 false false R1.htm 000001 - Document - Document and Entity Information Sheet http://usbank.com/20131106/role/DocumentAndEntityInformation Document and Entity Information false true R2.htm 020000 - Document - Risk/Return Summary {Unlabeled} - Hatteras Disciplined Opportunity Fund Sheet http://usbank.com/20131106/role/DocumentRiskReturnSummaryUnlabeledHatterasDisciplinedOpportunityFund Risk/Return Summary - Hatteras Disciplined Opportunity Fund false false R6.htm 020004 - Disclosure - Risk/Return Detail Data {Elements} - Hatteras Disciplined Opportunity Fund Sheet http://usbank.com/20131106/role/DisclosureRiskReturnDetailDataElementsHatterasDisciplinedOpportunityFund Risk/Return Detail Data - Hatteras Disciplined Opportunity Fund false false R7.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data true false All Reports Book All Reports ck0001577642-20131106.xml ck0001577642-20131106.xsd ck0001577642-20131106_cal.xml ck0001577642-20131106_def.xml ck0001577642-20131106_lab.xml ck0001577642-20131106_pre.xml true true XML 13 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Hatteras Disciplined Opportunity Fund
Hatteras Disciplined Opportunity Fund
Investment Objective
The Hatteras Disciplined Opportunity Fund (the “Fund”) seeks to consistently outperform the broader equity market on a risk-adjusted basis in both rising and declining markets.
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 $100,000 in the Fund’s Class A shares.  More information about these and other discounts is available from your financial professional and in the “How to Purchase Shares” section on page 26 and the “Purchase, Redemption and Pricing of Shares” section on page 26 of the Statement of Additional Information (“SAI”).
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees Hatteras Disciplined Opportunity Fund
Class A
Institutional Class
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 4.75% none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption price, whichever is less) 1.00% [1] none
[1] Purchases of $1 million and more held less than 18 months may be subject to a contingent deferred sales charge of up to 1.00%.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Hatteras Disciplined Opportunity Fund
Class A
Institutional Class
Management Fees 1.25% 1.25%
Distribution and/or Service (12b-1) Fees 0.25% none
Other Expenses [1] 0.49% 0.49%
Total Annual Fund Operating Expenses 1.99% 1.74%
[1] Other Expenses are estimated for the current fiscal year.
Example
This Example is intended to help you compare the cost of investing in Fund shares with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in Fund shares 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 Hatteras Disciplined Opportunity Fund (USD $)
1 Year
3 Years
Class A
667 1,070
Institutional Class
177 548
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.
Principal Investment Strategies
The Fund seeks to achieve its investment objective principally by:

·     
Buying call options on the S&P 500® Composite Stock Price Index (the “S&P 500 Index”) to create broad market exposure, and

·     
buying and writing (selling) additional call and put options on the index to enhance market returns and reduce market losses.

The Sub-Advisor, as defined below, employs a proprietary “Planned Return Strategy” (“PRS”) to select Fund investments.  PRS is based on the Sub-Advisor’s work in Behavioral Finance and is designed to consistently outperform the S&P 500® on a risk-adjusted basis in both rising and declining markets. The Fund is classified as non-diversified.  A non-diversified investment company may invest in the securities of fewer issuers at any one time than diversified funds.

The Acertus Planned Return Strategy

PRS is implemented through the purchase of a rolling series of tranches of call and put options, each delivering a formulaic return over its term.  The rolling series of tranches and formulaic tranche returns are explained further below.

Rolling Series of Tranches

The Fund generally invests in a series of 12 rolling “tranches” of call and put options, with each tranche having approximately a 12-month term. In other words, at any given time, the Fund will generally have one tranche with options expiring in approximately one month, a second tranche expiring in approximately two months, and so on, up to a twelfth tranche expiring in approximately twelve months. Each month, a previously purchased tranche’s options will generally expire, be exercised or be sold at or near their expiration, and the proceeds generally are used to purchase (or roll into) a new tranche of options expiring in approximately twelve months.

The rolling nature of the tranches creates diversification of investment time period and market level compared to the risk of buying or selling investments at any one time.

The Fund expects that its assets will generally be invested evenly across the tranches, such that the average time to expiration of the Fund’s options will be approximately six months.

Formulaic Tranche Returns

Options purchase decisions are made based upon a targeted formulaic return for each tranche over its term. The formula is determined by the Sub Advisor’s analysis of historic market movements and the likelihood of delivering an attractive risk-adjusted rate of return in different market conditions. The formula dictates a desired level of downside protection and an enhanced market return multiple with the price of options determining the maximum return that a tranche can deliver over its term. Each tranche is intended to be held until the expiration date of its options. Effectively, the formulaic structure amounts to (a) giving up a potential higher return in exchange for return enhancement up to the maximum return and (b) buying limited downside protection at the cost of steeper losses if the index declines past the specified limit.

For example, a given tranche may be constructed by purchasing a call option on the S&P 500 Index to gain market exposure, along with buying and writing (selling) put options on the index to protect against a 10% decline in the S&P 500 Index (“downside protection”), with a loss of 1.15 times any index decline beyond 10%. In addition, call options may be purchased or written (sold) on the index to double the index’s gains up to a maximum return of 12% with no additional gains beyond 12%.

During periods of high volatility, which may coincide with market lows, options pricing may allow for a greater level of maximum return for a given level of downside protection. During periods of low volatility, which may coincide with market highs, market pricing may support lower maximum returns while maintaining the desired level of downside protection. Therefore, the tranches may allow for higher maximum returns from market lows while maintaining downside protection at market highs.

The Fund generally intends to utilize FLexible EXchange® Options (“FLEX Options”), which are customized option contracts available through the Chicago Board Options Exchange that are guaranteed for settlement by the OCC. FLEX Options provide investors with the ability to customize exercise prices and expiration dates, while achieving price discovery in competitive, transparent auctions markets and avoiding the counterparty exposure of over-the-counter (“OTC”) options positions.

From time to time, the Fund may hold a portion of its assets in cash or invest them in liquid, short-term investments, including U.S. government obligations, certificates of deposit, commercial paper, other investment companies, money market instruments or other securities.

Tranches of options only deliver their formulaic return if held until their expiration. Fund performance will equal the value and time weighted average of the individual market valuations for each of the options in all of the tranches held for the intended period, plus the performance of any cash or other securities held in the account, less management fees and other costs.
Principal Risks of Investing in the Fund
Losing all or a portion of your investment is a risk of investing in the Fund. The following additional risks could affect the value of your investment:

·  
Derivative Securities Risk: The Fund may invest in derivative securities. These are financial instruments that derive their performance from the performance of an underlying asset or index. Derivatives can be volatile and involve various types and degrees of risks, depending upon the characteristics of a particular derivative. Derivatives may entail investment exposures that are greater than their cost would suggest, meaning that a small investment in a derivative could have a large potential impact on the performance of the Fund. The Fund could experience a loss if derivatives do not perform as anticipated, or are not correlated with the performance of other investments which they are used to hedge or if the Fund is unable to liquidate a position because of an illiquid secondary market. The market for many derivatives is, or suddenly can become, illiquid. Changes in liquidity may result in significant, rapid and unpredictable changes in the prices for derivatives.

·  
Management Risk: The Fund’s success will depend on the management of the Sub-Advisor (as defined below) and on the skill and acumen of the Sub-Advisor’s personnel.

·  
Market Risk: The value of equity securities and other investments owned by the Fund may decline, at times sharply and unpredictably, because of economic changes or other events in the U.S. or abroad that affect individual issuers, sectors or large portions of the market.

·  
New Fund Risk: The Fund is a recently-formed entity with limited or no operating history upon which prospective investors may evaluate its future performance.  As such, there can be no assurances that the Fund will be able to implement its investment strategy or achieve its investment objective.

·  
Non-Diversification Risk. The Fund is non-diversified, which means that it may invest in the securities of relatively few issuers. As a result, the Fund may be more susceptible to a single adverse economic, political or other occurrence affecting one or more of these issuers, and may experience increased volatility due to its investments in those securities.

·  
Options Risk: The Fund may invest in options. Options transactions may be effected on securities exchanges or in the OTC market. When options are purchased over-the-counter, the Fund bears the risk that the counter-party that wrote the option will be unable or unwilling to perform its obligations under the option contract. Such options may also be illiquid, and in such cases, the Fund may have difficulty closing out its option positions. Options are also subject to the Derivative Securities Risk described above.
Performance
When the Fund has been in operation for a full calendar year, performance information will be shown here that shows changes in the Fund’s performance from year to year and how the Fund’s average annual returns compare with those of a broad measure of market performance. Past performance is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available on the Fund’s website at www.hatterasfunds.com or by calling the Fund toll-free at 1-877-569-2382.
ZIP 14 0000894189-13-006357-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000894189-13-006357-xbrl.zip M4$L#!!0````(`,12=$-=(#KX-AP``-*1```9`!P`8VLP,#`Q-3`L``00E#@``!#D!``#L/6MS$SFV MWV_5_@?=[#(%>^W83D("`5(5\H!`$C*Q>6YM47*W;`OZ8:1N.YX/^]OO.4=2 MM[K33L(,,\,.F:JI>M(//[?=IL]$XE0/!,A&RZ8W+N;Q?=8F^VE M\;0?2':49/`UR.1,0%LR$PK^AN^3+)MN=SKS^7PU@*XZD$KH-%>!T-C`VNT= MAO_][7\>XR1[2N`4V^PMS'.:SEAOG?4VM]KF?PN=OM M]NYO;6UNK!5CSQ53H*M:Y[K@/.,?#ZCJE3C?6 M>EM7$=+T*)`RVU\,:&('UU>I9I(KU43Q2W2_$XY@6N:"B73L#(E$$-E^R"5.[B0=J_7[FX^ M[I2M'L:$2NDZ<-"NAMKZVM;)R(>"K7BX_L[DPB7 M+\8Q?-DI6J#-B/&VN)A&,I"9P8N%$CIJF2:XG7+[6(QY=$#X[5Y(O;+C,\5V M?56/.XU`=SQ,.@4J_]T;^'$/Z;#>6]NX7^SHC[>=-YE7J>TSE>JI"+)<]R=< MB;V(:]TP?YVDR^=G?VF.VKSEJ&_-49M_58[*$VG8*0>[7&+S.!91Y;N/G*KQ&<.1-C-(T2]),H'-7<3I@ M';!@$3JW0Z61N,(5P\_D3ZZ4&T/CHC2HP(6_>98J!S;B0P%>Y\<3?B'C/-X7 M(Z&4"/L\$GH/N&2]NO^RLX93#`!QUVS=,3^T6.QC"*0/L:3D,6I M$FPBHI#!0C7+)CQAO0?0G&03S6*^8$/!=#[\!!+*LI1QAFPKDS&($0LME9A& M,K&`Z(23Y%/LVUOM=N^L/NY45N\S8N7#KJIN/5>!6R#\O(8NMD=G!"%?NTZ? MD4KCWX5ILK2D>JI"`5%"#[?=!H__>GOR9N/?_WH73/.+]\G]A^$O6[/Q^T7R M>C^?/]M2#[=>KGUZ/5CH:&L6_-*-7F3_=W[R]K#S()Z_'+]+PAOT7BUD\ M?CF[R(]'SRX6?'U##@ZW\E[^X*2_%F?CO+\Q.CI-IGM1]U/:[;X<'?WR8F,V M^R1[Y_>##=&3'[K]9'TBND?9H7H6SW?/WCS_TM^/)T'V9>W#AAY_>+.___#D MS8>CZ.'YA_L?TB_W7_T>SK8%1\&A_N][.7D M3?XB/]]\]?[M\<-/9\/7FR%_EN3\T^;)E^F6VG_W\]&KW7=GL_%@\VGP]%0_ M>_LA?/-E=W*0]?K=)_]F>_US&V/_"KFG33JXF(+Y$!IW;5=KD>E?*>N_$5IG M9PDG_ZX"WFL0<%H(2R8]:#.D)#WTR!'%W$`U&N&N/%P MRX#RNY:8XY==:`[QTV'$Q\U01CS2PL"I]&Y8YAY\4CPZ`H_JXJ58-,/S8X&E M0ZM8.OS/R!4],!YJ,W3?E5TZM!DZY4S!O_AZX/[(IBTZ&(T$I72_'G1E:(EW M)?ZX&=1+0W8\8.=2?SX76:Z2YX*'X"95X%U.'3WG&>:I-=L'K2PAD$E`8[^: M3E.5H?^]8(=Y$M*!7:%53SYSKE2G'DB@', M]!3,P.=KIOTIRAZ%`7V62`J1,D'T>L<-7IX/VX>[)T3$T@A<`'D$BY@R4.4_LU_[1AX-M MUJM`/TXUTHY'$>AG\/.1!S%*`,HNP(,!\$A>E"4FP<=@"NB''V43V5?9`'Z- MTBA*YP0U#"5"@_U2M%]!FD/,P4DJ:=2,1[EHF&P;%]W!51WST['0;HKL1='I[M#]X#A@] MN,16R-17C;V."\UZ!^^/8<%)JF(>>R)F:Q+_%-%B4T3*"O3TP@SJ!+.>C2((^X\BA1107I!6OF,O(UK;B8 MIIB7LZ1`2HWI2%J95(TA2I`"E>>D474^'L/@%HL%3Q`Q,X[I&!6[K\,3:/6V MQ2CD"8>?G$64R)F"(PY.)>Y)#&H3B)@TD;NJ\VGS#3!`'N`+[`8@4ZV9''E3 M:A:F(-B9@P<[!60&.H%9A\"U168(%HQ=@A2"UXCBV;G,)DUHI!0$ERO4;#Z1 M`75=$)Q4+V`WI$\DLN0_0&T0QJLES`)P$'$);! M,(6&G9"=TR3D:@$[J#Z+S%#!_*;8&Q!<5%8M-2U-YV$HDFAAF3!(8]$JP*ZR M/=C>,?9.+#KH#2*3`#.`3XKM&G25'$D8#_NM^!2P03;-DZD2H0RL.2SA$-&4 M#.`O1,S#:?4K-&8G4]YOG.-WM<6;#?H7$6UK^8MPMH(:1CR6T:)!59)=Q:[= M.X]^JTU%W[!-(YQ-==#!IM:AUXWJI<'7V02S4&PHK6HH]33BBU)M5Q9?LZK- ME)H+.9YD!5!+@]=GC"B(T5@F;:15M469!72;:?X'3G=IRZ[>GDN\ M6=^@:^RXSQ#.CC?/Z/88[;@']80G?"S(`EQAO/UCK;3W2H*B"`,\&YJ"< MK,5SEB`NH5E#T,^'[=UP)C4HF+N@T"&$IIAV*"`2N$?ZR8[5GQ$>-G`*T1L@ M5-``=:_3)!'1M]%<[6X#U]W&$;=QQ(\;1YP8OVB)ZBER``(<'G!WRE#! M*(Y+'EXZ3TS]9^:'':$($)$6`\_7K%>#4SX%5ZON'BU:OEN'GEP:RZ#PF4"' MF3G%C*:S/M3KU?XJ.:=#E?+0>M@FDP'F1,YDF*//K'4.*@L9,\A21="<7TV9 M%>TTGG44" M4!EB""I!\8SR+%>5B'>UB2%VR5F;M%"K0'>;W0`<..@BA<-L'J%0E^3301\7 M^5+ML,D/D+XKT@5X=I:)\8+T7C"18B;J75(J$L'$QO>KR1[<:K);3?9#:+(T M:>^#+"I-&2+*8*%2J\KF5ZRK>9HE6^CKR@0P"1TFF-8SF@_SDU8;R:R6+:;P ML/3],-^*R3\``C[<"$AJ?:M5MFMT,6;$6E4G$)0:U;;I7`=BFDFKX#C#4RY, M]8:(DBBEM@'NK=SV%^&IJ0KN; M'XVE9L0J)\-=@KCB+>3D0Q`9V! M3&TI,``"]=>&_NT@S?&NI*<^AX(K37_2&7_A,=J>;3S-6ICFN<)Z1_QH9BD< M2GN8`FCE";;1451:'/6@VDN'P$//ME@#DH-'.L4I MW%E)RQ[;D>\+3J\6NF8+Z%0KE*,1GL$!ZD%D:AW2W/BY=DYWU./M!=*,YO-* MH!'T\O-0%@H=*#D$$O-A^BV".>"]#/>);K:U"\=2&^I0M1\E##3I0U46?`!R-80SK(58(:XH;%6&X8 M<^-,F=P2:%[E6E.OVUJLTG^>\D7%(-!1/^844=5QE*$X!KY!7852`=H>)&&8 M+TS"5*,?YXO!76`Z=ZBRUGV$U82:+$'1V'M$_#1UFW(/!(1-Y!A9N6ADF=TJ MADD!*WDAAAG"];V$<\'5Y?FUZ\HOA#;(TYHQ66NKV.EB"E4J0"%0J:`L"MI>FK4&LRIK[>%OWV"!K6HC/FA3\-?DM M+*(P^P"V9+CX,RH4U_Y[`R^_`YVK-RS%AE];:TWAUY^1JF*-T=-M'(70G^94 M9Q>0-VG]9GO&WR<2X?]G['ZW:PFVM?&(WFE!=QOZ9*A^SK`NB=&U!787AWIF MJ@;%]/(LUCT4VH#*XI@YDK/E5ZYZCERJ[S>+LGXKS']2WKE9K']D81X:849G M;8Y.(_R^BVXD_+CG5_&3M&.O*<30-:FG0EN429%,J#K3BJ,2QN'$84J$>?D% MBT-_CT3G7]AE\:-5B`GS9%,,`/&($?T5D6*+J*=6S"#QCZ&_N%#DO M#()PS&0'YK44W)EH=<\59_1*7\J)GPF M4P7<=DC5X;8^&]>*I:^FFA?\5@U:E`YC,:'C,DQ-YN?F>V*HOM6]\XB].3@? M'.WM'KLD+Y4-5I1A:=:J#(Q7["EUTN8A M(*^:"G1_!@RRKI7BOZIX7ID6QKW<#83"O-E5D/:8DSO8&(JPFAR;1)F)6_VU@J&]7-_CI">P5\J.5361.+C.!I- M,XK0%-R+"WII`LLK8:XV/1UCY`ZI:S(&.0P(36VJJ5(I6+H3,; M,C5V1L+!>9H@1%+9'P M642C;'(C0`(OCQE8J^P`:5:@,U5BAG?*H%]Y$&=A5EP@M\P:36A:T:(#P0NA M`JE-E1D^T9/B=5JZYY8(KNS%,!I`1VQF6>8&4!H($6H/KG\[JE"SF"M&OH$U M9BGX_L25C@!XW^K:K:C2XE9B/B/OC9PO M\YR8S:J;($K,1&1<.V7VLCC"A?$VL,.+9R:%`19<;O2GS@L/#/K1U@G_-:=<`4/A?J'@%3JH@8BYJ&PT3M5+^.!G!H+ M^[Y4U8?&NZ457Z'J5-N7(6B0">:Q67H7.?KYD#4E!GC"HP7&SR`;II8:)K7* M+X9)K"JS=BZ2G\'5GZ2@)--1Q>T']+/,/0Y>C<_I/).*!6@I>'-=CD:"'LZR M,Z%'XH;C@HMM+LF*PD$>X47^P,R?#S&4UPZ;;O+[Z%# M:"[14RV*NW5NSX?+O7#E3L1BMMG2CPRC<=<::(&TOCN\YXR@*]!OW!97ZZ3I M3B-PA0!3:S.4[LJXR7#:>T8@-%R;45C+;U(A-,6/JH,K"A=VS1VL.\??LIJM ML<$,'C&&T0!6`YD`W3M4:CA3*J/RXE@(&6`,X77#$5"4`D@2IRN3W%.XP.70KL&03^KVL"`?I;5!E[V\00,Y59[]RWUT5VKL"&0J)W.6Z%XAH"(B@-`!$U%DGJ5`5MEES'&6;X"85P@8&S_ M\A'6.;V!A@"%JF%(#WM$J#XDOI=2V+^;6%TRV4K`&FWJH0B]JF2RIJ<^,;TX MXU&[`9,E-L5?\2VO-R:OT.D@CR!']OD%>AR+"RJZ/'AG[+Y7/^#\55^;'AX? MO',?:FJTJ`\+@(!I#-##>J4QJ-09EY&Y">?EG?=@+!^G[&G*55C,>^!><#F4BZ2/ M>\6%F_C4=\=,,1P5RF$1$\DG.8ZAU`'Z?4AI2A*(3**7UC*E>I@S`%1Y7M2= MTRF4\5)GJ0R=E-DB<%,#[JPKN:6U@O+*UKP:[%6.#PLE591<__`R<4BO6=E$ M0"TW2D7LE.'S2[6];`3N*=<34\Y(YWDP-BX?#VHQ/8&!;73X_<1/"RN+HYQV MEZZUCW$;$UOO5M3G@P\A5&;R42:I'`K:NA95H")7@DV?\BG>(ZA?T[>GC1)Y M,Z;B=*L,_9>^BGKIF]][^NNSQ,`[TBI=TFA1!'(FRWLI`H;KDJ+*,@]=F!WU-Q9)CR++(#M[/#' M+'$47HB`#6N18M-HUPWO_2V*/B^SCY%\3"I4U,VW#*OW'O/UHQ$ MY7$)JB>^KK)W>16M5]EK'TRV5<4WJ^^UG6F2QO'^O8IJA]N*7M^[D-J5<]?S M&<`44[SCXO+DE6"_5SIML!#W4-+*702R@&F9X MM:F.7D5W3_!1/G;_3AG)NKP+RC8^(F\1XDLJYAMJ[I5`A]DD3'C]L.&2M%W' MYY4'A*N=WP-ZW1[#EY1)"O`?5OG*IY$I#QH#G9ZL=%=V-C>W&G`RT^Q!%E>M=KDY>;KX__:N[K=I((;_*Q%/ M0UK'6K9U1:A2RIBHQ-:*"2$>$_6J5I2D2CHJ_GO.]GWFXW)=D[&'\02HN;-] M=[;/9_\,,OP4Z2M2O5#"#=+_W\UO`7#2VGQ ML@J6W#;E92D;H&PA;)$MI"&B"8/0+/X0;SO"G%D8LS_%-^"L"EP5`7ZRAM)(@"6X'TU4V+")+K4QUI97#KF5!*"BN M3!R[@V+/=8+N*T6%8J@_%B=`>:`&^69$`B-/Q(5"2MYFZ9)A\5^TD370A=*) M+UQ/4GV.15LHHQW4]#>JZEFB M&F=A@RAX!^2L4J6*,F'4X^3)]GQZ?_MF?'YV?C&\1(*?1(VI_9Z1G0J3+-GA M?UIEQ]6T"YO:$&>ZI[!+4OR8$\)M43 MVN6N[9+ED-IA9-U`)Z)U_`C*+4P6#RS[PW=]?Q#W.Y;>N2#3EX#Q<]'LL2&? M0'--XRK2%\[RCFVIA%KB@]KN]H#KY,@40(G8#.-LS&462$NM(&(X9 M03"#;@7CS:\5\[*.UCW;P_>3"'VLSZ(+9!/8SA$-)#T),)>UQ)Q?G"$@\5"L M5(VAJ3XI7R[A8FD$*K$QNU`7V0+9?T,V>7U'*EWI3,!7L.C2WY_XVO@HP M+G6"<9-MM%YPWC.^HH!=I0(!I9U:/6N%:=/4WZT3T]SR0,BU^`ST#*45_2N2Z,,R[/,"<]_1K9PX0=KUZ5)?`.,U2& MJ1\*9L=5N8TP'@"\3XT`Q//R<075#:&BVE6WM]\DRD`9[O@=9*X?H]$\>X(X MZ:]PWN8!S1-L_.0U\JQ'1Z!+E2X#CY8Q8PG!:S*1'D6)CK/I6)%@*\ M3*8?RC=K\1R=RF)H`7K##9K(Q9(9E09:63`'_F,\LT]&0L%VZV?268/#YE_W>]7#8N[P:]0;OKP>-*&VN\U0`*M0_!5G> MI-S937=3\3!_2Q#]#6>_RS4H\E-+Y+B&JY`6"!,/YRNH!71S8TNZ.'UI-)]I M?[#X@>^`<+'(P+UUSU^Y1UQDV*/7T3-+\`%YEGUM)N'%Z!WR6`]5.?15%]JF MN`R64,F@?7P'O>CI[_\`4$L#!!0````(`,12=$,/>JG6V0,``/@3```=`!P` M8VLP,#`Q-3[+;FT1:#0:+4V5JZOC=^)WG)K: M0FBQ'6BPNT'-KY^&8"8F8=3$["0^"-R^?<_M904U85)2EO'1-WGKEU8-CQ7R5#;YC-9N5P]-Z5 MX><<15@HCUO-GCY'MB9APKA&]`"`X1P+C4U'USAVR`%Y@5B/X$K:NDF!28*J ME(1G:V8D+N^8`R!/'0MUT0R$J>?XQD6%!,.V:P49A;8Y1;/[3$(,AO0ST_%E M2@445,51"HZ2`J/X?W3<0'%,S'_7+B(,L;+&M00(P`;=6FRT8%Q^?J[\(V5= MLW3/"AEJB@1W4D=KCHB!C&WR0<27P&UK*_C/6XZ^`V(%^CATBV%I4V05$I3^ MMPW1$55<9`QQ]AH2GP_X@XAC,FMI1#.1C0BOH!/F%QM69!FE^$"M(MW-5J/Z M%E^<[DCUM)XC#YEYMAU&DS!']G;^C#KV'@FXLX<)AQJ(%A)*`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`H M[NYXL1SJ&\L1&_\#R1'/45QS_V(YDF\L1VS\#R1'/$88`_+ MWW^1"KV^`U!+`P04````"`#$4G1#VL:\8I48```VG0$`'0`<`&-K,#`P,34W M-S8T,BTR,#$S,3$P-E]D968N>&UL550)``.@TXQ2H-.,4G5X"P`!!"4.```$ M.0$``.V=77/;.+*&[T_5_@=M]N9LG?)(E"TY3B5;Y4AQXL2V/)+RN;4U18N0 MS(0B%9"4K?GU!Z`(BB()D"(;,3C+N1G'EKK!IT$`+SX:+_]^=-1ZBVR$=0\9 MK;M-RQS\K[?\9^NH-7"6J\G,;%W:'OGKS#/7B/S.7B-,_DW^?N]YJQ?M]L/# MPV\S\E%W9F+D.CZ>(9?^HG5T]*\6_>]O__.2.AE@1%V\:'TF?FZ<=4L[;FG] M%]W^BQ.M]7$Z:'4[Y#?!E\@W+-/^<:>[J/6XM&SWU;.8L\<[;/WFX$6[V^D< MM]D'GVT_^>*1_F+O\P_'P:>UL[.S=O#7Z*.NF?5!8E9K?[F^FLSNT5(_,FW7 MT^T9=>":+]S@EU?.3/=,QRY0KA;W$_1?1^QC1_171UKWZ%C[[=$UHB*2SQA> MY"9NH-?>_O%9`*S5>HD="XW1O!4\XPMOLT*OGKGF_N\=H_NK9[$>' M/&'O]+1_TCVBT#6MTZ=._S%T9OX2V=[8='^,D>=C>^(OESK>?+0M_0Y9R'BG M>[0RN$.3A'M%C")CM%HYV/-MT]M<^#8I.2W'Q_%E5&C?O=/M'[1*M)FW-OU, M&\1=&^[Q:<`-WT*3>QVC>\9QA6QWZ[-;HNBY)LEC`#]%:/_-HTZ_/<6Z[:X<%QG4WW&)1Q#;:[.F">:] M(=73\9ZW03?PY(QNF[;7)5]KA9]KIK[.J)[FPSE(W[=)EW7Y[ MRU9::>^)"3SS[]!1Y/FP`F<9D%X?`C1'2[2\0_A`OGM?#0HJK9BZ91U6./J% M79%(937)*T:`7A'G>\5"CQZR#62P@M%O_Z*^V5RZ)C&@>S8@56 M7SW#^(^=R_,[UZ,CP4RF`1D7S7Y;..LVQK3\7?)_VE)VCSI:.+#Y1[;!W9MR M2,ENL>.NT,SSW:E^QPEU\6(EK471W(OG.=XO'(D_\QM6A6)U)?S.'#O+',J> MD_VP#B8CBU?/.N1S0>5],7/(2/W1"QM_\@*@!?UA]W>+=H"OGGG8WW^Z8L`- M9/YQA1:Z]<;V2(TZ?S3=?.+D2UODY(D>]P] MO0Y[H6+#/+&1_6(!\]WO-)-PLVH,)9OSU/F8*]7=/SKPM5<6W_0@M4(%I@]> MH`J7[^T"93FP=-UW1"V MRP7J5`@\S2"W?I=OG@?TYV.M>]*KT#RGC#Q1\RRH0*D6.OW@DCO"R&$?@G2_ MAJ3["=*BAJ-ZTU&D1SR\\7B*'K%\TU&P!-F7NZ5B,7`;4JX1@/3HB2, M29OJJ(8X^<@AU1[HN"-TF>< MA8*1%TC6DN##'4"@@\R$384K/P<"PRU0L!5YO]Y\13J607W?LJH#(2$-AI\O M9"OSES7XYYNO1R0$2D`3:5N0UP%F<"2R7(\@)&@P_D(57(W_9].['R,#+0.7 MH(.D`QS5(SIB5BQ8?-UUR=NYEMV-B5XK*C<-PL8CQQ3=-@$0DUZRBW0X%AA2=-1#@8?)%T/W@EPZ.G;Q<;F(J>M*9LVY)Z;,96H,/+H@67$0+#"M=L M$0Y&7Z3"R^S*@MN/58/YUKT'9D1%4KD,4?#*S#&JZ@"1QX#Q%JTREP(./C;G M&%49N&@<+EQ3+@,<>/2=:5+9?C$;`&,-*$!?ZWAPKV/OW#9N$9X[>$D3703* M%Z;1+N!`T=%W$31L-R+0(0@Z\-RY`F_CQ;85#4,.$!8!OOHL^TJ`XQ<85G@X M(\+!X$.N(3-_L,V/\DHH]=B,K4!EED4+.@/,,:KJ.(;'@.$&70!FSL`'CP+# M-6A*!./(8TCIR?P!#R6Y9A7M0?D8&'2X#=!R!I&"D:.B53UWQ"@4J(?O!ETC MK"_"I%W;@L$LP`H,*]S0B'"P`(@$:]5:+W/DSG.@:.-3!`T+"5_75@V(K#C4 M8"I!@(*=YX)*_Y'A#7SD4\!!3=X$P2CH!$[-)KT"CX5RS:NJ`_*YL%B(Q.TV MU5M[/]=;+'T>>!(X86;1"BD*=J:`,KSQK#9IWG)X-[G>(,`WN=Z:7&]-KC>9 MN=YP?OZ7)AU9DXZL24?6I"-KTI&IDH[L6G\TE_YRHEO(I7/""W2Y#'+BC^Q; M'\_N=1>YHS7"H_D<82*';K$YJSK:+N?SR:9VBPW/2X(L$M22,1TBX@DC(U:D MH`#>??(U*AM!H8>GFO\Z*%QB1KDIO9Y*[.?>Q5$FVUC2$I#NY]NMF/&V_L(_ M%[E$Z=^(_T;\-^*_$?^-^&_$?R/^&_'?B'\52L M`J3@`)J4XABM)GOJ/R$E9BUO-JJ9BFJFHIJIJ&8JJIF*:J:BFJFH9BJJF8I2 MC[3/?@>?=JQ[M7Z$HW"-Y:U6M/,TW6C+>VN_SNNX[W3/0UAWZ:?-%3&/C-%JY6#/)X79 MT-UIY6;\^$?U*M_;VIPZ.^!`9'/@K)GH:R;ZFHF^9J*OF>AK)OJ:B;YFHJ^9 MZ*LL!7?#3K@OYD76F\M]A6FF%>0N2`<*E)$V<$(;)B\DQJFH3PF,0PA8E(ZV*&VI5EV]7 MV5HN0!&"A[OO,3SA/O"7OA6\4LDS[O`9'0KZ4C8\!R(+0P:7I#37/USJAAP? MJC9;!0DQ705Z%V23*@4L?F6SI$C)?E`]>,5XL9+`;9?Z[4]M4 MC=!^XPAXCTCZM1[98V3::^1ZR!B::]-`MN&>VT;\()\+'+/R[A45H=6QLEB+ M3XH=-'\;W89-1K#4T^X756=R!995'8\(:3#XPDF#2OPAB2O<\22>F7$57:%9 M9C*&##_L!8*NUGR[RG8C`A2,O6""H`)X.-0JKU/L/3`#"GG[2-AOG,]FCA]D M,P!,[<"WK&H;+:3!\`MNT`3@#TV]/JQW:W"@6GQ_(@UB#)EE4=%A8>;#,\QP M%X6D$A3`3)1SS2I*FX^!(>=+W.K(H2;+1995;4R$-!A\X<&0)B%2R58\)Q-2 M%TY/-IF0"@;E\!1(`MU9)4HC/#&7IJ7C&\>6&J<<1ZHV6X>P8J$22ME#@S5P MEBO')F^O)B=S5;Y]=:<2"K!A,8&]D#-RW)4<%*[]&@2%SX8%1223*P3E6')0 MN/9K$!0^&Q84H7ANTNV5'?[FY=D#W`)/W)W/?OHF1@8]MQET#L]?F4JQ)=_/SIJ_?OS]:>3__S[RVSE/WZU>V?&GZ?KQ=>-_7'H M/[P]Q6>G'[K?/TXWKG6ZGOW9L=Y[_S>^_GS1?KY\^+#X8AOOWVN3]YOUA?S=\^;O3C$W-Z<>IK_O/K27?I+?S)R?SRQEX-K,YWI]/Y,+_\\_W)>OW= MU,:]V0G2S&^=B7U\CSJ7W@5^NWPXO_WT[N=DN+R?>3^[WT[HV_3BZ'F?;C_Y+_W MQ_W1U\]79]]O[S[V#?VM[>O?^]<_5Z=X^.7WR]'YE]O%C_EG[?5SK?UAU?[Z M!N')PQA_>//J/ZW!9'QTI&R#(:J,L,OPI/9_UDVZS(C'R%S>^=@-Y")8[2S@ M0%'M7`0-"PK<_O@;Y(&W$-DV%5Y7X4!@M"%WQ.='>:A[:#2?(KPT;1U@VK2, M1X5C50H@BZ1H0?W@$\0.]N:.93I34EB'>(95U;'Y7-@90M`U>^9V3/>^C.:Q73#@ M(1&Z4+A5*H:(10?RV'CH^35&^H^50QZ+)O6B>SB`YAFR#*L?B$P<#+](4E?& M?TU8+/WE9;#7EPZ,QV@[^72^I,6`#DJ>.W5G20\GQ^(G*:7D]I6=8MW8SA0. MG.72=&G"&:!72>Q"_9/ M%7*A?G!R$+'@0"IPYIG\W]*W4G\TOW%LC&8^IB>*P/91'N))^1:O&"\6,-B] M\GM+4S?H@;[$K_7@&-\;US.71$N!KM?Q7"C\/A5#Q,(#J>\%RU3`,3K$D[KO MTT&\6,!@]R%$T];Q2O-.)^4@!28N35O'FZA0"-F7]LSR8VE]JRX"'NQ7=6U; M@B0++>A1@%VWZGJD!AE39XSF%IIY`])6(ZB!/-^\ZG'B\!H+B-D>H()@&IQ^.O=#G4@\\3-4#W0H_%_[7NARI#> MW0G5$XAP`-)_J1NARI#>W0;5@U^5_\O>!56"=.P>J#[@Y1B)89*SR^,A>R@I M=J6VQ"V(B\5+EKJ-^Y@?;C#^;FNY0Q%A8[J(0[$K%BD9$KG M6`$DC%'J>+5P#(A!TU[( M"4;*>$U$9!H*BP2@<)^0,X6XS MV\;3N[1='R-CB%:DC2(?W)!?>*;G0]P84L"#TNUV+AYV*R"@U@SZ"Y"EQ+@E MQ0?9R67!YY#R,7``M?B7,*9P$Y)U>R7<:BOU`(!298`[;'")P%[KF*9S\,YM MXQ;AN8.7.E'M4_T.:K]\`0>*(B^"A@4$+K]YS!6X$!?;5C0,.4!8!/@BL4($ M+NW@)TKBTK)\-YCB56GNO*Y ML%B`+HG&W:YUTPK?O-M[HNH`0Y$R78L&*H,("P)LHG*.S\_H;F)ZM#Y@T$9) MX*,.KX>`$+M('?2H;\SWK>YZ0R2I-\`5WXI-B`[PK?A<+*N!@B%AU( MR!YW+@W[>RLZL;LE#F% M^]'THS.^D+FR$UZJ'M-)F:L/X-U)G#.1:JT(N`L+N%LCP-W=Y=\=4.&9\%/U M;%/*7'T0'\<0@]Z&E?!S`HOXI$:(3V*(1:F?JB*N>B0L9:X^B'LQQ*!G5!-^ M^K"(^S5"W(\AEB;_B)]36,2G-4)\&D,,N@$WX>Q%D,,FFTX MX0=2W07FZH,XINXT:>J.^(%4=X&Y^B".J3M-FKHC?B#576"N/HACZDZ3INZ( M'TAU%YBK#^*8NM.DJ3OB!U+=!>;J@SBF[C1IZH[X@51W@;GZ((ZI.TV:NB-^ M(-5=8*X^B&/J3I.F[H@?2'47F*L/XIBZTR2JN\H)E5+F:H,XEC-)TR2J.PU6 MW6DU4G=:3-UI$M6=!JONM!JI.RVF[KH2U9T&J^ZT&JD[+:;NNA+5G0:K[K0: MJ3LMINZZ$M6=!JONM!JI.RVF[KH2U9T&J^ZT&JD[+:;NNA+5G0:K[K0:J3LM MINZZ$M6=!JONM!JI.RVF[KH2U9T&J^ZT&JD[+:;NNA+571=6W75KI.ZZ,777 M!55W;/<^>&HS@6&%L8MP1`$`U7[,(W"J,ZY914\T\#$P[,>`J7*8MS'27<>> M('IB!1D#2W?=H3F?(WI1Z04I^^5RB0Q3]Y"UN<5HANC9KEN$3:=J4BF``M3@ M+:J"-PH[J$;=E8P6W[UP<%"J&\<;!>4R+NU;[+@K4N#*:=H.\Z7L08P#D45Q M$PG?0\-&1A*;5340@ M)A)%`2[!$,^A)/RJCPS2&"+F`NE\*/1WYN(>N=[O/O&(L+6!:V]$EE4]_"BD M$>&'30(4':7/]`W8_@@<*/XJB-!$40$\'2GV*S4%"B0$`>H[QR'N2T M3@+#"@^)1#@B_E+D>J9GP,:);U_]$9*`#0O*"5_,@T9$9C14[R4X0*(0"(1U MA91,@!E)!6E(%7T#\M*/:B=\55R5.O!0E%L1$*Z,KQB24/ M)*^GO4!5YQ`+.%"TA2J")HJ*8.GYT)`$'FZ<(3+\&45QX>`+A-SPRC5WJC^B MJF],(1<*CZB*(8J"`[IHG:P6'XG#<'1]@8A#W1I7'V`5=%*?/H9'*8H17YY7 M#5"0[LM":]WVI@ZI&D,T1QB#-VQ<-\IJP^*@HBB)%LZKQFEDHV#.?C0_GY.Q M("G`Y-YYJ#HX+NJE)IT0%U(4(H&0KQHATKY:NAWDWF;>@W<:`\>([T?A/ND` M6%&L0$5_ZG66F.^?YZ`F;Y$@&Z?6`US!3_J--FQLUYRST]JSM_8>J5I%->MU%^P`J!H2X-U2N>;K,L7!WS[5@YW= M.%\3I;%`$K+P\@TK/$01X8@B`+N)/L,C6(I>H6U%FZ8<(%$4`#<+9+B$6(OC MFJT/^<0:7`_PMMH,;W1K2/6T0UR[RHZQ!"@B\I#S"CQ_E<^A<>W6#GWL7%H/ M-']RMK_J)]ZY=NN&/GX"O@>:63GM;V(&NB7,2@X?@H1]=2>C"[!A,>G#+?EG M>`7-EI]G7E4UD,\E"H9P5_W!`8E=.CU!:T2<;;Z:R#)@)$&>=85U02Z8*""@ MY\2Y;J$40@$'B@Y6BZ")@B+0S%`A@;C:3VR[9H'8O]E/ZP.N__-<2L)?-_(Q MZ(`B.!K;'SK:I<#_- M@1`A!SW6GG`&U2=SS2K:#/$Q1-@!5]SWO4'TNED6:X$ZV<,*Q'(URJ"`Z\%V MA_44<+4[\@'>(162(TO[ZR_! MQPP?>#1!#`!.=FNK8H^!1J-/'P!L-(!O_K6YB;['`8[V/G_^_/4D+1I/_`C' MX3R:X)C\@#8WOT/D?__[/]^01HXB3)IXC3ZD[9R'3\C91L[>Z_'>ZQT'O;\Y M0N-1^DM6*:TQ]8-/MVZ,T?-L&L3??E%I[/DVFGX=1O=;X]%H>ZLL^$5>\O4S M^:%6_O-V5MHY.#C8ROYU433V:053L<[6KV?OKB.9N^D&Z25?Q<_7^+( M#[VW@??.O<73+Q"I\O[JE-F[@YK01NVM[_0I+J7O4DU]BM[@*,92VE9J5E2> MDA_>I:K5E,;/"0X\[)5J$SD<%\V:R0BQ$$Q$AY.:T"GQ]3`J968M?_O%Y-,H MISOC/*S_^=(63>11MLTG8[CBCW$I`:9D! M2C6)'C5%R]&G4^]S2"2Z]N?T=IH-)&FUX#ZU?;#Y_OJ+[TCYK;P"*FJ@W\LZ M?WR3-UB.B\N.'$9UH[O1I-0J_:.@)T6)K4F8#E./R6:M4W=1..L*5Q)VLD+) M>+#S1%%%(MU7BLYF'8WQY.O[\&DKI5KJ->/TO\1[QILCIQ@M_TT7N/5=T\PK M\1=JXV+W>&W,&;CF)]BS>U1C(!3KRRB,'_$DF<%EJ";!F<+C_4X5H7JVEH9BH@`CLOC-+2 MB!0WCCL5E*8#M'M8X1'8#]X&B9^\7.%[GXS[07+NSA2X`55J==A9J0_06F?- MT(M"B)0RACP/AA)X9K>VNB_HE_*.4E>*W.EI^B7Q_!-^485]4ZS&(8"J``/_ MHA3*BJ&T7'699L8)&(#4O8#6.QGZ'Z8CB4=&DY.I>]\?^[HX/6NU5KL,J!=E M$"E4P5DWS%2;E_"V>[)5_V3H/,-GD3@_#-1.\#6IVD9V6NNBR;TL6Y_:]WMWA+*2KU@GJ8@VL\FH*B!QA4;CI">9\@8I+TQG:G909 MZ6\BU_.#^^N7V6TX[>\"=7'Z1OI:NPS$BS(H+V20\E2;E_"V>R(STM<^\6'L M!L9;2D[K#;9PB+PLU"*PL9!+D[?TOL@`6XO(7J=_'NV,M\?[9WAVBZ,ZR,!( M>TO(5GOP6WV(O:D%`^P?W(3L0Z90^_'$?TS%80]=/#Z&43(/T@4P.ID'GB%J M@Z!I1=6I'9>8UVM"C\B?MYWQSFX/QV@),>(832U87VQ3-X[1(?H2Y"%?V>`B M+)!:+D(UP0J654EE?[(;(",V(J;&8W6F'O4?J!=B]U3P<<\*/NYQ^7@:Q(F? MS,G7BCM%N2]TYZ8-+K,'=9D]J]BYQVC:;HR.W.?_=E\=NU. M<7STX$;W^'3V&,;8NP@N4Y`>W!C'%T\XND@_N*)T:7X9^9.^ZVFY-O7M94OI MQQ@*"EDH)L+0)).&OIR&KO<5\G.I*`S08RD7?9F.$"YZQ&E7@L1-"X=WZ?_S MAM`C::DR1FA>X_=REN)30-ZX4COO17/'.)468:_2;-9(\M"-^>H>Z_0OC()06=ND)HTBW/CG`.'<8R3N+=_,L1JBF.PVF?Z85D< MD?(&(QHB/!8NP>F?Y*Q\3+8S_=MLA7(8>-DKIXXQO':6N`6Y&V_@%U8@5 MUZY41V[@;:6#4"$#?9E*V72^:GF5;K?JBFWA9ITL(S/\9(/7V^='',0*78PE M5=]JCJ$!PX.RTJ@L;FRE)0"C\`E>UZ162\KA-XH\&/2;,$G7+X=!,$__0S[# MT^]R/OLDO3_W[`;C1PU3E`7J6U*H;7.\(.B*"K* MILM5/WE`5XM5[`9R$!%@,HXK5DIP`4@1+Q/+2:AFP`J>[#L(/J#S(X.^D*09BZ#H8?2:V7*2/" MMOJ) MDGD2S,/&/&D5"]GHP<;J;=LFR0Y$M6V:E#&]W#2Y/$;Y`\Z2^WI2MBU/ZWC= M:AYP"OKWHN@?YD9N)@JMPZ[5;FG:(:`V3N.5R*B#L*HDT/!XU%6"%8\MB=+RUAV49*)3Q6%JG-$:Z*I*4_J>)22Z[Z3S<0I9IZB+BU@8H:Z'=2!V65S+L$"Z:F;U"[JVOA MSM6"2SZ!U0=I=LFOO(7,:YPJZ:V"FQ3)6M>-'$7$]%S48;B*P8F0C5C37Q@= MU[3&%*@A8*H`@*$:OU?@4\U"M"',P-<]?P%:1EB,KY3H5J]_OK>7G3J#5X)5 M)]N2EIMRU/ELZ5+,N1N1/((GK&I"8\O5N]ADZB'@T:*"-5.9$*FZ8S!ZK#E0 M3->"1SN!X8=H=,G5YO6#&^&'<.KAB*3.';E9G+,G+QE"M:XQZ3HP"%DIG*5$ MHJ)X[AX&0Y5\>`J_X'15TX*2K0&-A7!K#\S<ZQK=N1J`>,EU?!#-+KD[%B<<#F:S^;3;,IM MGG%1?Q`0V)9>"G?237"F:BD$95+047&JBG*A#7<3I?'^1<2.\T%_Z33_*-&7H2B\_SJ%Z>@EG3> M>-)--<%T48H8W@*FBP?`#N_S+YS0,)U`%>.-2"H`75M$FX..::)"5@DP0.WE MH_PE&OT^'JI2@ROL!T\X3K!W[#_Y'@Z\^##PJD?J8\7?%?+-Z]P"[ZNL8':I MN6RZ+%J*1@O9Y)H&5)/.=6[SBR0Y;V*NER0,KG%K7X6^X`6T(@_YKXO(I2PL MSWRH.M"/,QE,455FD5ZD+JT\5CW;L>7J3M%CZ,%,T8 MQ;=>W\N\#R<3,CH4/%-TB2Q;LHEM/)HB@F!4484]I&9"+(@U\>"KQPB85M"[ M#(.\C0`+=J/88G42C*4$ZX!^ZXYHYJD>W0?$!2"5I\-Y_=7(/9X>U(/Y<,,/T/** M:*GJ2!5/LMX;--B*="`HZUR5<3]AG?$1=5O7_1E\-:`TM>58FS+[:\]B9C\V M0U_\UU[3`7YJ:_\JZ/W0SDCK0J'+6RPT5)K/U(C>J-&,AX87:B3#_=4F+J)K M?^9/W>@\#%;Z,I*@(:W\A^L%>2&)O(Z4BT!?ID(0U?L,.A\,8HK[`4RC:=[L MII5PL``AMJ:0R<6!CL+98QBDDX:SF@>NQ/(UI\H(%6*,#,MZB/4(EF['`F-7 M^!.LZ]I2;D#J4%\/!T"Q%EC(INXLA(]73&JF?%.D9BDD(O78/E*+L&LZ$K?K M^DG-4X=+:@X4:X%%;U)OKYC43/FF2,U22$3J;?M(+<*NZ4C,I'5U@;6H,E M()488VQ9-W\.-HN=DD"=^9&V$Y:%2\$-H2DJ`E:(1G4X-&N%C>:=!C@>D$'7 M@@M^NSZ?+#O8IB!^<'UR&C.ZPO[L=I[:F&Q:*!MI`0WHW`P1J\,88DGJ9UZ3 MA#5K=4VE*L&Q*UP'V'F-R10PC6@\AN"Q)H!(Y5B?OK%#4L..DSX+IP4<&VIPO92-4W.!@]UOQT M(5T+WM.%`L,/T>C2UQWE\;/RZN3\?E#5#&6+-[(#R=*&3]=X>7-V4=$VV@I1 M;&Q/,>H@MWCQ@&RO`!Z?6T=GQ%;H.ZN*O<"Z6L M+HE05J_[LH_T$&@;?B:TBL[;UF`J<<>`+DBM#TI]U^-O(NQ^>@S](#GVX^Q^ MG+Z;SQS!A@8`BBJ"1?FR!EI4,?QZIQBONN>P.JV=U0Q%>$MSB/D':G]U?#WS M`W*KU6EVA3_99;K">GFM\%,YF?AR3IT/4 M#$#\)@PM*+A*"4::Q>HTKYRGFU>J&[]LJ@NV==<3FT7[XD.H$F_PZ`[5&F'5 M=Z$27^''%,]TV'D3)@]G;ISRZC`[C.#UOC,3U(2Q:`-'*6&TH:R+2&64U\[. MH>3UK?$X$+K-3UF180P$'`0J\0,.W<%:([1ZCP_I?U.[9DEP%W?G81#AR3PB M#VLJNYNZ2TMF/E\@JHG&C(H($OVJ"JG=AV[)NJ(+[@V7A!I+]]<*5#'N:"(- MX]KB*/MQ4COJ?(X_D\7-&S=[/?QMG/@S-\%]/TY`3>A>@$"48MUI6COGOH'2 MVMEJ=P-E`L@;F@L1I@-Q7>"E'7[G64;?"@2JDOA6@HYHK1%TY2B_PR:[6TK8&Z:B8Q-4'-DX"VH#L&2&-:V/9#V[: M5A*Y8>3Y@1N]+!K&.#@-)M.YASU%WSS=VS5S#T17-45?0XT;>U*1J"9S^4]$ M*BK%&I\F>_M+\]8)*<-JSO>24I+[%:4,_G\D_CW3RW"X;LIGB1' MZ5<=5K43S19O9.!B:2..\.;U4!*BHB8JJEH5+^1#V8H54SAZ2((YX*1 M&3XJ_9A^'B9'82IK6H@GH9SC.;X)FXLK1=2'MZ?SA')G[41C0RH(+25E?DAD MH508^0MEF6[-M-79(QJ^VLV&&L]$2RG('6=4H/R/@%GJ%/9B>]N=/4ZQFOL0 MZ#*-Y9Y4M1`FFV2%*E?W+#4@[&0#,%3C M]UK$%T+/W8@\1/>$%9\$8XLWR-NV-D#R+BK:=O!+B"+5DQAV,,)ENBX00@M` M&3X@*OB=#QIJGE/F238^&_-?56Y/!AO9;+!AR^/*`-0XDT+CB653,[+@A>7N M(`P6!8745?7DLD"XD=M2&,K`2+R!WKR4_F/)`\PP`'DNU'J&V1R9A4\Q2^`Q M<$#Z7;!2""9B1[M*V5R(-,GA7`4H94/F!MK-/">V8_561XCJ M'97NFB'I4@$0-84&'Y#%E;'0&2EGH3,RSD)G),U"9V2=5RPQ8GI%T6%S/,P5 MD.-AV^0#LKD2)IZ'2WNL.AS%;\K`[C%(,2B?S\.*:PF#5F8#)"#0Z<$2L:WT M;Q"#=0.-$MV`7&,D%>P!5QM9732,W8H=@XI$D*SAAM7/.U:XQAY/A,=N^%:R M8B21B:[)H+=V\*UF^%A-1([;D,E-,XY>O0<2:IS(-B^$Q8N$=C*SO2;0JM]( M0@_SK2=^2G;;*VVL(`Q($6_)P-$M.MCP-ZMB@VP(A5Y5CQF:'0LZA@\%B*P! M)*N@M^+X(D6\1?2&AQT;SF19T)$-(LB;EL%(\P3O$)<48K(&H*B@^*K>+V&+ M-TCQSH^9E)D=UCYJ(D21ZD[L)T[T<[S[0R=`4(8/B`I^'TW#V`_N5\/NEG"3 M6X5-98#4+JI9Z$,LZ*@>1.V]F1U$FBH0/G.1&#@4DAN+UTGD)OC^1!JK9KY[6H8@`TGXMA`]_3)5H7+8S@>`P=$<@:^\N-/:E:L54FZY]A* MVPR"DA)VG'^F6+P`N=D+?1-EHV4:HQ@&M-5XTA,=D:-\.!1Q?Q MR6,#Z`L70)Q^:@J:LC5@$LN^0]X];2T7#R7RE.]R,(1J)Q]X1R/S"/$VA@&' M$(;*.?W42#[X/@70U`.SM3SY%&]!4$7J_9RCJ<#C'3^R;<85!"%M9A=U?:.Q M%&`RSJ:-G!X&[O'-]2Z,\5D8X!<%#%O*TGR-?ZUQ'JE((925LN##FVK^"M+U M'FF[3+_5-),];&O:;$G9V^RS-688>.D*,XK].Q][UXF;S/O>[\H4J_/,#$L) M[E=9K3S**YC.@Q:!5/U>8/57XW$7GA[L;S20X0=H>:F3*D1@QNTS-_J$$W)Y MJ@)&-B7J)F.C?1X/\P$X+YM?F&N#*S`@J7@!K8N:J4=1@/'=!V:%GQ)?TC\9*Y@^PW2@OZ/-H%&_"DR045=M*R,*K4M6#@! M,:V-WV*+Z/SD`^C#F4R[0K0V&/7X:E1S>KPJR<1.'?\D>!X@R(N8G4OI1X"; M/="[2R, M>;:TW)C2RT<%]-!."FX>AQ4Q1`I>)ER>G[!A?)G+L)*4+[]QHZ,'-TH.`^\2 M1W=A-'/3YF_<6U6OK0`:T,D#L3H,EJ05458S>TRU4A=EE9F)4-_\:W,3_?[A M[)>=/W[_=?(X?_XMV#WP_K/_=/_;2_#^>/[Y^_WH8/^G\5_O;U[BZ?[3Y#^C MZ8_)_UV=?3C9>C7[_-/]KX'WXX_.]8\O3[/[GYZ>Y^_NOG]^<;=W_)N3_;DS M?W5V/9XE]_/KG;O3\^#Q:#KZ*QR-?KH[_<^/.T]/?_G.U>YD!SO^Q]%UL/V` M1Z?)2?3][//AY2\__'U]/'N8)'^//^[$]Q]_.3X^./OEX^GTX.KC[L?P[]V+ MGZ?O[YS3F_G1^WC-S>'^./-R;&3_/3PR_S'^=7>Q6\?WAW\ M=7G[?L]SOP_F[E][9W\_[D?'O_Y\>G'XZ^6G-V\__/WS_J6S?>,_WN*'3P_A M7Q]???L'.KJ^VMPTL92"^WS!,*#3:!RE8!K1QK#N?KP>Z$B-CA5YRA/8^+)U MCHE<31C#8=5Q;$OL!Z%6.(^X[QI9+52&1NA.2`P:BKX4/@VR/Y$/Y=/I=!YG M">#Q+V[DN[?^U$]>+NZN<#*/@KX;H7)M:LXTD%(2,!I4A*&*-%01A\([5`@T M_L'8RS_:GMO1E-I2(:15%`TY?>'^1^$MF[!1:?`BR"YLOHC>X5CA.%47:VCU M45,",-2DY?-'X,((D2I6>1<5J+8#M?ML9L'1TD-$?(#Q!VC]OFN,0\_SR6#@ M3O-]ZM/`P\_J:$H7KS7O7J0-@+?+>F460E;3*OIR@6P[$ML4FI+T(;J(*`W' M90V`D^8?1EK4%5$HT.7<%:([2D ML^3*W4:UV1%F[B1LM"[,?+#A'CV&_1M[P29N):2TS=^`M^+NG,[VE,RU+B4I MWT?G"-8]A[)5$5++MCUT,5P-#S%^,R%?$3X3K=LW5V3^WK-<,7]>X;LIGB37 M[A3'[T+7Z_MU+!2O]<-8I(V0O(LE5%$597515MET=CD4R88_<6VAZ2L8H@N? MUYV`60-DY#YY#X-@[D[S;6HUQZ%H$G7N*5/:9Y`X+UFD)S#?4M3L&1Q`"F=@ M=5#CWC%#!1HA848>C)6E]HAKLE2=LF((U3I[TG6`T(WYXJ!A7V`='^+T5-., MR-9`2#M+7N?L:>C^$]QIIEW*Y&,W44F_NER]<1RF'C`6+JH@4L?@5X\0)XI_ MM/NK*][#U0+`1[;9!VEWR;A05:9S<-#WB<66.-TQH*8"H'4G*6@)[ZH84&!? M=$E?8(?6O'B5V33I`&PJ':UI"'/4VP1S:MHA#$)NJXM".6@[MF.;0#I1#._9P:(>/]XY9#NV` M.;1C$8<@-E7%H5VU'-HUS:%=*(=V[>'0+A_O7;,VHY MM&>:0WM0#NW9PZ$]/MY[9CFT!^;0GD4<@MA4%8?VU7)HWS2']J$'0_M\ MO/?-2 M0T0!$(=(04LX5,6`@O>B2V8X5#8OYE#3I`.PJ2H.J,<0B8I]`TZ0!LJHI#*O,4,G&&.03+4R`%[>$0;T]]T25C'`+F*31- M.@";JN*0RCR%3)QA#L'R%$A!>SC$VU-?=,D8AX!Y"DV3#L"FJCBD,D\A$V>8 M0[`\!5+0'@[Q]M0773+&(6">0M.D`["I*@ZIS%/(Q!GF$"Q/@12TAT.\/?5% MEXQQ")BGT#3I`&RJBD,J\Q0R<88Y!,M3(`7MX1!O3WW1)6,<`N8I-$TZ`)NJ MXI#*/(5,G&$.P?(42$%[.,3;4U]TR1B'@'D*39,.P*:J.*0R3R$39YA#L#P% M4M`>#O'VU!==,L8A8)Y"TZ0#L*DJ#JG,4\C$&>80+$^!%+2'0[P]]467C'$( MF*?0-.D`;*J(0X[:/`7'=)Z"`\U3<.S)4W#X>^J.V3P%!YRGX%B4IP"RJ2H. MJ0J.17D*()NJXI#:/`7'=)Z"`\U3 M<.S)4W#X>^J.V3P%!YRGX%B4IP"RJ2H.J0J.17D*()NJXI#:/`7'=)Z"`\U3<.S)4W#X>^J.V3P%!YRGX%B4IP"R MJ2H.J0J.17D*()NJXI#:/`7'=)Z" M`\U3<.S)4W#X>^J.V3P%!YRGX%B4IP"RJ2H.J0J.17D*()NJXI#:/`7'=)Z"`\U3<.S)4W#X>^J.V3P%!YRGX%B4 MIP"RJ2H.J0J.17D*()LJXM!8;9[" MV'2>PAB:IS"V)T]AS-]3'YO-4QB#\Q3&%N4I@&S:^Y7.DS!,@C#!L>HW=2F" M3;VIVU:%P;#EZX^+*I:]JP' M]ZJYVA*K\\%-EA)"CA85;/,1%D8-#Z%V5^,;G#P]^.P4V7V`AI=ZEK,4>(7= M.`RN,7E3%WM'4S>.C_V[.QSA(#E)E3R=S;#GNPF>OEQ&>)+^.;B_Q)$?>HKH MVT,!4U.RO,JB86$#Y;)1*1QETM%"/"*.@RH-H$4+*&^"\JBH(9?N[UH-Y^]I M=_W+AWX*

RU7C*?UW%4[+4R;]SXI,PRIH^#Y.+K''O-+B,PO@QU6H>*QM` M(6WI?9BUDVZ003$3@^["J'!S\K9](0KY`5H*,_S,KY0#M'P7:C1=+[YVUDPX M=$GCN=:`2CXE^QMVHYN0O$>;MU0CI>3H0I>I>\5%U8(Q7I"R*`FS1X47;PUG M%8PY#Q>8PDG87=2W7F'J0.,QQ,Z#,G3OV;XI6<$+ZUS1*W`,R&1.TT4\=U/= MQ?![ZQ#@&F,XL_/J%U:"29BEB6#.!>$P8"!KT)?&*"&PD.ME40HJU%O(5 MZ"*FHI,T/;JSU$9^=C"\5'3R!__^`-SD*,*@ M9U$#+:K8LOH"H%4XBJC3J@='!D$%:M`X"C?^8*T_JA&@Z_Q)%ZYP*!AY_354!PC_N>10$TH',Q+58'/!#D55%6%Q65C2VPX3@R_(IA"(U+ M;9A&,/;SL5D3<*06XIF0\_`8>_-)XH?!21B=8!R_?7[$08SC&_<9]UT"@)K0 M'V)E=XBI_<(+D)T['G&-_A*%+^ MUW!W>I4Q+&[E^"#_WW:R#MF(RTL#0"3Q4I/6+`[WA'7*) MB,SW,B&FOSHZHLQP/YZ%#,8A.&K!AHQ.R*T==$JV"].OF]3(+OG>*1O(UC61 MXH&#W8[N>`58,_``4I%0\<),)J[HA#]"`R<5&6QWX)TE9U9KO#R9VK&4LO?,&EQ!TC8`?'"T\U@00 M)0N#Q7V:^:U4E7\^#;(_%2%2C;?O:5'1;-QC%5T"#U"+QA?WM%7+5!2HW($T MK*O;=#HY@[(K0]A4Y&=5'8(-XII]]K_^J@Y>)6$OY;>I`QHPN?X$WZS.H8IU MW@Q=[G"O6#<[^$FL/]MXK`D@2M:?BB]>%XHWFC@+O(F][4.VW0P.19'A3ZPK MVDU0&WI->T=0A@^(7#[LX1..W'M>S.8(UOZL$%,5!J&+?S47 M;!2C4CZ%P^^:QH>&N(K0"-HV\D"M+/]\%T5L.)W/@G-WUC??C"];YU*9JPF+ M@%D!HT]00;#AN$>]AQJ7PD)EJ%RLVWO(MI9:Y5*DUKQ9'0ESL8;YEY5DG:0F M_V;7H%SK&-L/EKTR2[>%'M2CTDWS#M"^JBA&KO@<.>HY5LC5NV7`U(/!,R>[ MG]6B(;>.!ML-*KW2%=OF:D%C6<.X@[2N9"26)7-W13S;M81GNPR>[6:N8"Z8 M)\1#X`N[5C!ME\6TEGD':5^U7'-Z/\3,E&L%UQS6P\S.R%)O<%I/"'-[9IAM M#O.99HJ!!VEA=7R[]K,M3Z+P2F*6#?F:S^<)%6(0,2N$%J6LXB,=,;;74#JL M[=@=2!T:4=D`K`4"LJ?I*,(7!8&^"6_B>,:/^%4VLMO/IYZ:O8'1=)U;Q(* M]&&0-:M5WKZ2U4N=YP5E-3=04=>"#$L@EH5/06RA;VL1H`V-SE+0#!T6Z;U( MIFQ5&Y*`!G3NBHC5D6`\RFO;ZE2L/36@+33NJL`TZLIZ!CQK@H_4K@Q+].5# M^@\K8GPNVP:R9YK(\#RK:.ZK&H2:P'F6?;>`UPME.E.ZB<2@H5!*X16QUPKB M2G#6NN$>Z!RV4%2&G?:-D!V,KHJ,-^[SV[_G_I,[Q4&R(F92VM`:Z@*IU(VT MY,S_4D#+GVSP*#:R;/=BF$53:`RL4`>F<92+L%GN0&ECQW`D M-&0_EB@/Q_`D:PW"*=0W5^G(1D^L' M-\(/X=3#V4,?V84'JNX;XX0^2WL[F0?>Q2,F=RX&]\N'813Z#;P=G6=/H4HQ?"JOCX@`M)"P>#*(XF': M4R&[HEOF1'8RC%PJYSB#W[R<(4]/,MB5TI=KT-#NLZMP%5B>%XA M`!42-A"1@99"VKZGV?.ZHUNX7D?32*QDZRVB-YWKMXX0C'%\&Q'R>1?SLG[A.?X=EM[\?,1-*UWS/+ MUX<5A2N?N$I=@YP]KE8T&7N#05=&W`!=5^Q"AX%W[4[QBEVIT8K6BQMA.DFX M%7(##V4BS)UR[P:KR,TH)JFPO^CENU12^6/Z4_JW6S?&6=__'U!+`P04```` M"`#$4G1#D)3[#2\:```&R@$`'0`<`&-K,#`P,34W-S8T,BTR,#$S,3$P-E]P M&UL550)``.@TXQ2H-.,4G5X"P`!!"4.```$.0$``.U=:W/;N)+]OE7[ M'WQSO^RM+<>F;,EV*IDJQXH3)7Z-I3QOW9JB14AF0I$*'XHUOWY!BJ`HDH!( MH`4!6_F-_?^\MYCOV1?_$T[^M;>_=^%- MIOVAO==S0_Q_AZ$]0_AG[@SY^+_Q_W\,P^F+@X-?OWX]'^)?#8:VCP(O\H='JO#@V]CX.+O9: MA_@GR5_"?\.QW1\/9H#VGB:.&[QZEAOLZ<%WGGO^^*!U>'AT0'[QV>(W7SS% M/UCY_5]'R6\;9V=G!\G_S7XUL*M^$<,:!U^NK_K#1S0Q]VTW"$UW&`\0V"^" MY(=7WM`,;<^M8=<>]3?B_]HGO[8?_VC?:.T?&<^?`NO9'POF]O9>^IZ#[M%H M+S']13B?HE?/`GLR=6*+DI\]^FCTZMGPQR$VO'URTCEN[<=<&L9A)\;Z9]<; M1A/DAN>N]<8-[7#>>/TEF\&POQO]XW\NF$@4/IOLC5O"`H!S$OW/`A#GX M`]S<>SOX<8_"R'?[T61B^O./KF,^(`=9[\PP?B2#KHT?NBD&1=;M=.KY8>1B MLRXCU^*8EM!P@-./'SLKCA=$/EH^RET4FK;3-4/SC8/BISR`?7>@AN1A(C4N<:H!&CX? M>[,#WX\M;.%_Q]RT]@^-U*'^L\K`\DR+8,DL*_]J]@I-\51RX9A!4(_1FJZA`)O&$"K1RF0AI;>5^8EF#.?#A[_Z M^,^'QZVCULDUFCP@OVZDP099-4LBJXSW,*9US=2%7,`*]D7\YR.C==P6H+4$ MLC5::[R4)7K+%.3'?N5)BWPO\VAWR+<]G"]8.#T!Y'(5=HLA M7GU>"TRL?C$;\[OXF-RCL1V/ZH8WY@2`WDK4K<5XZ[FM9B&E]H@S&%D"7V#; M?-/IX5SYZ0.:0_%;A%7Z\:4PD7)\S/GXGN,WPHK?BDO''(OSN@JG:H)=,?&4 MQC9WAD>\2[*.$2>0H&YV!55A/U#-0DIN1\`/$.`WHQ%*UII@^5V%5=H/4)A( M.3[A]`,#W[1L=]R?3QX\1YS753B5_4!AXBF-IUQ^8"7@KO>`UJQ*D,=201(K M)IV2>)8G\>5!L1(NH4(NM&C7--I>R:-*(U>7UFOFE'0TKH=T5_!7M7;;-##N M>A/3=J'BX12MZ?=CJV79VB8N$>J2QC2M!+,B"F#*EE.*DUXM\3=_7E.\&]./=\G.$-332L=5V#$PR"BN`?"EF,O-U!?F M=+&'7CS1+(.JZPYH+*RN`@ARF\1[4`\R&UM9/[&&DM45`8[/7'%7//UQE(Z:&]!57(+@_FI>>E[H>B$>`?:K68&K_E>SB@R2 MN!P*4YT>@P$-]@J82C_>%!H(P890")VBOIY_1::_"8I7D=4-3YA\$*Y;G-O3 M5\$W%7'3X76AG1%^&T<@W"^$A0E96,BZ,%[@@Y!]#$+V9SM\O$<6FB3HH*%+ M@X%TD8+-%E&F#>."O.5(FW9'[*&4#>^;$4;DZ7!7">CC;%U^:"PTK(SD,_(A>,%.$#>#/,E<&V> M_S(M9'%)(!N^\_QPY#FV-\!F>#,$E*U1897]`M")("P;W"Z_A`WU:#.`E2X^ ML`@A=/.BD#?TPIH.J&:C06"+D=S@`MQ@4/B2F@:K/+"']; M)P+L`@>]E9`*?[VJ*2#$"J1UKW'R_FCZ M.N00#<[XP]\E-+B'9F,K2_P:2L@^-LX.7#EEP0EG`"L=:[`((71S+GH2:%A_ MHD'*49HX(9*W(U0.$[082@%5-]*@L4`(YEVV)+C@L1P#6`NWP`CKCC@3.@(- M'-E1897]V-&)(`SS[X+=3$S'".24?9+7!7!''>Z-@S/DF^.T!?+"!IAE0P:P MTDZ#10AAFZ;'"[]M2IC!=H+XR M--1=$*9SK#2=PW7L^M73^]6+]D0' M4&77J[[4J]Z`446]Z5=&&BLMC;9N?)6/HB8'0MV8KLTG>Q)-^J:#@KB8/4:] M27)[VJU[%_G#1S-`P>T,^;B03_?F%L49DU>E@K$226O$W26 M=T)PBMY-A\M9G-@7/A8](:_$S!&V%PPTTI/-$J^SS*FWQ?K*VML?!>^"4;K: M4IHR4+V%CBO8#'M7<-D57'8%EUW!95=PV15<=@677<%E5W#16I5=P47M@@LC M/Z@VOD'^[9KCY-[V./V,L\GS($"A:&A(A=W65I"U&5:6:=/X$"Z.-)6F&]^] M9S]$"4&NU4?^S!XBH_5@@$I5>YCM?<#KBE>?,?%:2>,4/R[2$/O!Q*.A;M&3 MU16+2DCFT43K6!SM,>"4T5,4AAY'>M855QM\#'S3#9)*>%Q4/'K6T"OK4U%< MG390.9$"RN,.=Z7$72EQ5TKEQ%TI<5=*E."C:(E! MWG*Q9"-MY^HYT<2],2>BL?T:\.U]"]@I%JMI=XX:(-\EFB#&9AT:H$JED%KI M0V@`\ET@JAS!JW*DH2I'_(7!3:C2AE>EK:$J;?[RX`94,0[!53$.]5,EIH&< MFP5116KAMFL'0\<+(A\M:PE=%)JVTS5#\XV3+,X%[\P0FVH&\6_;4PR/K-OI MU//#R,498[R-]/>M[=*/50O?6[P[D;NKZNZJNKNJ[JZJNZOJ[JJZ7%5=O2I5 M7#UM=B7IFB5IH.+GKB0-6I(6+2`HZ*.J4@*AP[A+0+@+$U;QU.U*53%W\9.Q MC?<+/GS':MLSH':;)3BENS^6)R^\89.;_SO?CB->J&YM=%R%6Q0RR-C*;LW, MGCX:>JZU"7DJD-7U6$P^Q/=O2NPCGA)?%,7P](N)%!: M$$8'V[94IU5H]0#3WYD"JJZKHK&02M*1YZ6*ED!M6*#C*ORR,,A(E3F1^K*D M'4\NHDGD)&]OL><)?!.@FF,I+&)#TE)A3]42%J[ESYHQU/61-3E*]3N3YS)W M+;H`Y>7LSF6(M.>"[L\%KW.MD310MQYC1%.AIEV[GFMR)5QMM\9?^1#WOK?N M/;+=&0I"9'7MF6TAUPK.72M_$#H`%I5_>&53=W%BR<,@?DBV49$>66B2Y$\X M9H^M6?Y`M%S/0%8W;F+R0202*<@("00IB=)?P,*L"?%"U9;FE3`<1[EC!/UB MT'$5_IXQR"#B\-==!)2!TT+MY:R5*1/&!>HIG('#^7#H14EC&\`^/W1D=;\3 M3#Z(/B)E$6&!H&7128RE!`*5#<%J,$2\7(6H;`A<.7VRMBM4<1!OA@RS4D*% M5583.A%$&/%>WV+"0"V9L)#5]5Q,/HA$(ALC=LW\N+\I:[KXM>0FZHJV\GOY MC_W]O7]_OOYT_)]_?QE.HZ>O;OO,^OMD-OXZ=S]VHU]O3_RSDP^M[Q\'\\`Y MF0W_/G3>A_][?_WY\N!T\NO#^(MKO7]O]-_/9Y/QA]E3=#5Z^S0WCX[MP>5) M9$2GU_W6)!Q'_>-1[\:=7CB'W[W#PP^CWM_OCV>S[[9QWQX>(\/^=MAWCQ[1 M82^\]-].?IW??7KWL]^=/`[#GZUOQ\'XVZ=N]^SZT[>>G".O@TNNT;XX?%3]#ZZ[]Q^_7QU]OWNX6/' M,M^ZD?F]<_US>N)WO_S9NSW_ M>).IY^()&IOI8+D>7^525PUVB&@".UL$5&MM6#4JOA:JT=DAJ@GM>N%6[6C# MJE'QM5"-S@Y136A+RZZS+W="M$X7D8).8UW.AS\C&P\4-P-([M9R+7"5ZHVA M;O11DR.RA5SFS7"_>4?FNMN7*W60NET$/Q>?33M>Z_;OD3UYB/P@2:W!A*DQ M@+*5ACKD$-7DGI&Y02'X*U2-J?3:&X4&HHG$4S'K'Y6N&:+;T0#Y$]LU`4K> M/",J+287A41J@8T?C?NI>'XX\AS;&^"Y>-@XF*-05%AEW2.="***W#,X)7N@ M3D@Q@)5^HUB$$(DDGLDIF7./WV=H:1),O519T$`$D;AU)/UV7GI>Z'HA"H!/ M%%;@*KV/BDH&D8:_\L";'Y%=RHN-J]`"T>'536K7,T/4DKG!A%AU'^\$NQWE M]H2!:\8<0FG'5X\D/&D_&&):"J1!6P#DI5$D+T MD7B]6LF<:]N-MY7UDDW\<8YPCQ:EKO-);"6T:NN&TZ#2U(`[(K!018.[W^_" M)PQ\TUH4+B^\R<0.@OA(!HRL["%T>"W7D$3TD]\3)+A'*6.OO?#QV@Q"G+DG MM6=+>,-EK2%T4&\-240]B04-8AC^MV,N"BNWHQO/]=$P\N/SC&!;EYN,I(%3 MK<<8453J$9F5U;H;]"OV$J_-Y!CRFR"T)SCE!%W$I`VA]!M9CR2BG\1*"6/E M#EC$)B.I_$8V8HPH*G7_1[90D7_HWIG83#P?;)'MFOX\LQDAM^<.G2C785]T M9;3QN.H7`3BX)-K+/`&T_/('F$)D#;Q[-'+0,+S`7PL$E:_0X=47DLX,T6L; MU9P;+[SP\(!.:EK,6C="`Z_H;8`$K#^>LFM"'-21?FUR#R*MWJP"VLVP@*ET M"$2A@6@BO\BS-5;S0?21>0!IU:!-M:&DP^LB%:LGIHJ84+_C=9H-12E*Y?V9;?Z:!H`4O]G%F3Q2+"_-;$O?+O(;WY;)(47NILPV?_5`,$KV MEOV8-ATQLX=2O6)0DS#227R;Q8*\C9L+J^FC:"AE=;3=D=OB9*UYFXF]F0/I MDBZQV2)Z;K$=[54G2E;! MAOH5\-KJM;"M`LX'*N!UU2N7)G1$VGB(Z;6I,QAT>%WT8AS(Z(AL MX!#3Z\+Q`ML=;T:M$K@V>7>9%B*5O&)('YL9HO$<9O&PB*:P%*6)$^[E53^( M">"U#@:PTNOK+$+(W5L23[H0<[(SB!>>.\33\R%.I*\!U^#-H=%"E))W0VUL M,MSES%IL15F9,F%4%Z-IST1Q`@R66ROO\"[,FM$OMOYFX M2,^UXEXU@3VRD=7'_$2BNX"IL,JN]]")(+K(O5Z0/_+\B>D.TYM)CESP(LA M;&QEQ5I#"=%))`\7TJGG)G^*V>HY3A0DQF MRNDD)XM$QO_!709 MX5D!OFWT(90N/M0C*97O3&)5@B0HL*F:!IMH2A,GY,M;^RB1L%B#GIVYIVK.F;#@JN/-,2_2:MA5?W<[2>&2*7S&T$YZX;F<["<)CB M=A6BLNE2Y?2)#G*+%BNF0-6\*:#JOB4T%H@F,D\-Y&WIX2@D>3RZXO/!%`XO48!2-$3Q26X'128'EH\$R@ M"""H0`M6@996"K26"@BD\8(*B)[2+,'II,#R(*9Q*/.RS((9Q[`:'&NEP7%. M`Y'-`H(:B)Y^+<'II$$[IX',$_\%,SJP&G2TTJ"3TV!;N30VXP16@Q.M-#C) M:2!S$W[!C%-8#4ZUTN`TI\&V\F9LQAFL!F=::7"6TT#F"?J\&1@0,D-.X+31 M8#'Y3`.9:^D%,R!SY`1.)PV,G`8RKQ7("IY,&N3S9V%:>C`$A\^0$ M3B<-WER<*=`$MP&FF0:_9G&-O+DPW8/-G0*D\V7)K>WFR`9LG&UKER48N3VYM+T\V8/-D0ZL\ MV;*A59YL MY/+DUO;R9`,V3S:TRI.-7)[W(+-DUM:YZ"6>6F\R099MALB9W_EHB.(SKG?(MSW13HD`!FCQ'HH03)Z+(YG9_M+P M>';!I>I7C:GT>TFA(5-$9D&!/#5%FP#.4S*A56XLP^8DDTENDSN:41L2 M2?T8IDQ$I@Q_):*I*N_L\2,*PC\C;!#RG3F<7V,AJWM.G,E'IH_4'G19=Y1* MTP#]'&,`Y5\F%CF9;/(.DK/-VJA>.H1X-%HRI22>.+_R?FW&`3*`E8[N6(1D M`FVC^E%I&*#_H^/K$.PQV,E4$]EU`*S;)C53_W-%H80(=N!L,S"29EZ,O=5%!^KC]B>--NX1-@>T[D7#QAK#J+3QX[&4R:B4,E#6,:DL:6# M9J8;#CS\?'532X"%I`ZC<$Y=GZI,2X$-'J)"WKHH6=6Y'9V/<.B+[>L_>K]$ MLX&ZHVCS-:32E&G(7R$1E1"[><=T%\REQB6>PP<6D3Z.TA_'!G1E8LJLII3\ MQ09O'*(-H,U[R.A^;1S+VVE2-"O;F+38&5%]HPY90)>S%T6*B1I]AC+J)U"^T4B[<4D%7J"^G61[Z9TF\$(5\%5>;JC!3J9W:<]%\L7#<1S.$#9I_M9%CP21. MZ]"5SI[64I/))K,#!]4JJ#RJQ@#*1NQUR,E4XZ]-0&D&<74S&UL[I59O;C8Z M\K:MT"S:D#[Z29-315XQHL*8@?GTYF=DSTP'3W)#$E6,H6Z`49.C3#VI1V\& MC[8?SF'#BFI,I8,)"@V9)C(;AA1L@0HCHZ$9DN\O:(K!H#$1I4(6JB M13$,X-_=(28#J`*ZD)_C7=[^C,P$\,\["UG=CSJ3#Z+/B4A'CF3B+P_R\[[" M!J2,O"S^?(40]!0BUUIN'EVAI"A-,O!RPET4FK;3-4/S&5^IBL\BI,F#R>QF/*(O3R(01[,`"7_^7]02P,$%`````@`Q%)T M0VPY?O&,!0``T1@``!D`'`!C:S`P,#$U-S'-D550) M``.@TXQ2H-.,4G5X"P`!!"4.```$.0$``.U867/:2!!^WZK]#Q,][59*EL09 M*$,5"\;!-G;"X8-4*C5(`XPMC>0Y.)S*?]\9'8"`8++KI%*[X04QT]W?UX>& MGCY^I>O@%!%$(4<.&"X`KO_!O3^!#NJ^%W1M#%J$RUV;XRF2:V2*J/PM]R>< M!V7#F,UF1[8493:FB/F"VHBI!:#K5:`^O_]VK$#J%"F(,KB1.)?^%%A98!7* MF4(Y9X%^KPXRIEP)E:3&G)69/4$>!'//):QL/YBF:>6+Q4(N4]%B:,&&D#PH M,$,I6Y99T&+Y^9"Z>"FH.*J5(Y^.I:B9-3!A'!(;:8!#.D;\$GJ(!=!&!QEG M*+MI.YP: M?!$@0PKI4@I1;"=Z@NEJBZ6A!#.2#46NE,::NY@\[/+#*I5*1KB;B&Y)IF.I MMH>0R5@B%WF(\*9/O08:0>'RBO8HH(M'&#GKJ7%XFFIL*V]$FUHU*AP`5"%` M0GP..?9)-5Z-UX,`DY%?3=;DJJ)23OATT`B$?I15#"H:PU[@2I;1VH2B445; MKRL]R?,G%PZ/)-E$%%*;^B[:'RPCH'X@WPTLH[V*2&1@2SL=0+5M2$SD7JRH M:\8R""_I6D#1#W=-8C)9%F$*-SQ\:?<<-/KA[DE,3/`.Y[Y#^FSH_G#_)*8M MW%W9V_90*?2D3T`]]#NM?<=I9+WAVT(=&C7BG!".^:(EWVGJA7`:P$Y%VRNQ M]O8G'%;YJ)KJ8\D_J\3&^B,D#H@,@C6+Q\:FD92;"8A@R+DBU?!YL[YC$['( M?MUT\6QJ/@.\D9D-[65FC%1JJN#EDM;![*&#N*"D*SP/TD6?A.<80GY14HD ML&`-%ZP!`X7\JU@.*!;5$#G"1=T)I&CBNPZB3828RHH5%<%>B0.2J][PQ(9Z M7)D!RL[_)$MAF_WAIGV=^_CAU@[$_([D2\Y3<3J^6Y!^0\Q.B[14/,_<]WL+ MYA:G]I/IGO'7G?9-TWCCS<['M\0Y.[.Z9XNI-SZ?SL7%Z'2^@-D<[C6+PA)O MVMV,Q\>BFQNU+DE0=\U[WS3/1ZVGL]QT>H^M3M[.(0L/S"[)3I#9XDUZZLUJ M[Z[?/G8;WL3FCYE!CHT'UXU&J7T]:+FESB`_\!_S5^_=_LAJ]42]?]%TLYW+ M29&]K__5JZ%!K]FP^/GD6IR)3N'J[N:B=/]NV"\X\)0(>%]H/P9%VKA]W[JJ MW;X+[I_N3E[;G4#T&!XYM>+;?F%H5SZ">K<3WT9>JI9KLE&'KCH"K@)U=\)D M?#(/$&%1U6;2=?VL=/79$L^D2SRR&)Y!8&D3)$9W%_Q_K=Y?)I-QS$[F4/5@ M/0H)"WP)KX*>3:=QO^AN7S?SF$WG,38)8IO@\\KJEUU9_)7#5!LB_YI=GPF* M5NU#`W&(W0;D\"2ZC;*#6Y&7LG98)>141[*$W.A)(ER@@,'G!/I76[)=/,=& M:A(0#0V,K:G!MH MSISPPO0/:*RN;-]&(]%[$1JEZ(4C:*R&>(=1<2E-:>GA$$H2L0I+(@=0V3)P64JIH6S>DVI!Q-9C50#1% M"&>>9;DF6X$61YYZ430`8ZF*QJE0]_Y02K8,V'=ZH9XC:'S;)MB5-R`U$8AD MF9#*F`NU>TI]$20@6)J/#LWU,<6GKU-<+[JT6UUU.`Q0````(`,12=$,/>JG6V0,``/@3```=`!@````` M``$```"D@8D<``!C:S`P,#$U-S`Q0````(`,12=$/:QKQBE1@``#:= M`0`=`!@```````$```"D@;D@``!C:S`P,#$U-S`Q0````(`,12=$/D MT_XE("D``)RZ`@`=`!@```````$```"D@:4Y``!C:S`P,#$U-S`Q0` M```(`,12=$.0E/L-+QH```;*`0`=`!@```````$```"D@1QC``!C:S`P,#$U M-S`Q0````(`,12=$-L.7[QC`4``-$8```9`!@```````$```"D@:)] M``!C:S`P,#$U-S'-D550%``.@TXQ2=7@+``$$)0X` <``0Y`0``4$L%!@`````&``8`2@(``(&#```````` ` end XML 15 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Prospectus Date rr_ProspectusDate Nov. 06, 2013

XML 16 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 17 R1.htm IDEA: XBRL DOCUMENT v2.4.0.8
Document and Entity Information
0 Months Ended
Nov. 06, 2013
Risk/Return:  
Document Type 497
Document Period End Date Nov. 06, 2013
Registrant Name HCIM Trust
Central Index Key 0001577642
Amendment Flag false
Document Creation Date Nov. 06, 2013
Document Effective Date Nov. 06, 2013
Prospectus Date Nov. 06, 2013
Hatteras Disciplined Opportunity Fund | Class A
 
Risk/Return:  
Trading Symbol HDOAX
Hatteras Disciplined Opportunity Fund | Institutional Class
 
Risk/Return:  
Trading Symbol HDOIX