Prospector Opportunity Fund (POPFX)

Under normal market conditions, the fund invests primarily in a variety of equity and equity-related securities, including common stocks. The Advisor attempts to buy investments priced to generate long-term total returns significantly above those of general stock indices and U.S. treasuries. Using a value orientation, the Investment Manager invests in positions in the United States and other developed markets. The fund may invest substantially in small and mid-cap companies.