Tactical Sectors Fund

Ticker: QTSSX

Cusip: 00771F574

Investment Objective:  The Fund seeks high appreciation on an annual basis consistent with a high tolerance for risk.


(1) Other Expenses are estimated for the current fiscal year.

(2) Includes up to 0.15% for sub-transfer agent and sub-custodian fees.

(3) The operating expenses in this fee table will not correlate to the expense ratio in the Fund's financial highlights, when issued, 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 specific to investing in the Quantified Tactical Sectors Fund include: Subadviser's Investment Strategy Risk, Active and Frequent Trading Risk, Aggressive Investment Techniques Risk, Counterparty Risk, Credit Risk, Derivatives Risk, Equity Securities Risk, Interest Rate Risk, Leverage Risk, Lower-Quality Debt Securities Risk, No History of Operations Risk, Non-Diversification Risk, Risks of Investing in Other Investment Companies ( ETFs and mutual funds), Small- and Mid-Capitalization Companies Risk, Holding Cash Risk, Preferred Stock Risk, and Sector 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                                                            1.00%

Distribution and/or Service (12b-1) Fees                       0.25%

Other Expenses (1) (2)                                                      0.42%

Acquired Fund Fees and Expenses (3)                           0.10%

Total Annual Fund Operating Expenses                1.77%