Alternative Investment Fund
Investment Objective: The Fund seeks high total return from alternative investment vehicles on an annual basis consistent with a high tolerance for risk.
(1) Other Expenses are estimated for the Fund's current fiscal year.
(2) The operating expenses in this fee table will not correlate to the expense ratio in the Fund's financial highlights because the financial statements include only the direct operating expenses incurred by the Fund and does not include the indirect costs of investing in other investment companies. Acquired Fund Fees and Expenses are estimated for the Fund's current fiscal year.
An investor should consider the investment objectives, risks, charges and expenses of Quantified Funds before investing. This and other information can be found in the Funds’ prospectus, which can be obtained by downloading from the prospectus tab or by calling 1-855-650-7453. The prospectus should be read carefully prior to investing in The Quantified Funds.
High portfolio turnover may result in higher transaction costs and higher taxes when fund shares are held in a taxable (non-qualified) account. Such costs are not reflected in annual fund operating expenses and may affect the Fund's performance.
An investment in the fund involves risk, including loss of principal. There is no guarantee that the fund will meet its investment objectives. Please see prospectus tab for complete information relating to risks and expenses of the Fund.
Risks associated with the Quantified Alternative Investment Fund include Active and Frequent Trading Risk, Aggressive Investment Techniques Risk, Asset-Backed Securities Risk, Commodity Risks, Small and Mid-Capitalization Companies Risk, Counterparty Risk, Derivatives Risk, Equity Securities Risk, Foreign Securities Risk, Holding Cash Risk, Interest Rate Risk, Leverage Risk, Non-Diversification Risk, Prepayment Risk and Mortgage-Backed Securities Risk, Risk in Investing in Other Investment Companies, Shorting Risk and Subadviser's Investment Strategy Risk.
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
Investor Class Shares
Management Fees 0.75%
Distribution and/or Service (12b-1) Fees 0.25%
Other Expenses (1) 0.42%
Acquired Fund Fees and Expenses (2) 0.64%
Total Annual Fund Operarting Expenses 2.06%