Wildermuth Endowment Strategy Fund

Supplement dated June 30, 2017

to the Class A and Class C Shares Prospectus

dated May 1, 2017

This Supplement contains new and additional information that supersedes any contrary information contained in the Wildermuth Endowment Strategy Fund’s current Prospectus, and should be read in conjunction with the Fund’s current Prospectus. All capitalized terms used but not defined herein have the meanings ascribed to them in the Prospectus.

Change in the Fund’s Distributor

Effective June 30, 2017, UMB Distribution Services, LLC (“UMBDS”), 235 West Galena Street, Milwaukee, Wisconsin 53212, replaced SQN Securities, LLC (“SQN”) as the Fund’s principal underwriter and distributor. Accordingly, all references to SQN should be replaced with UMBDS.

Please retain this Supplement for future reference. The Prospectus is available upon request and without charge by calling the Fund at 1-888-889-8981