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The risks associated with the Funds are detailed in the prospectus which include risks of the subadvisor’s investment strategy, aggressive investing techniques, high portfolio turnover, investing in ETFs, investing in other investment companies, swap agreements, asset-backed securities, leverage, shorting and non-diversification. Aggressive investing techniques would include the use of futures, enhanced betas and shorting securities. Shorting occurs when investors sell securities they do not own and are committed to repurchasing eventually. Because the Fund’s holdings include small-cap, mid-cap and international equities, there are additional risks such as the possibility of greater price volatility and reduced liquidity, fluctuations in currency exchange rates, and political diplomatic and economic conditions as well as regulatory requirements in foreign countries. There are additional risks associated with investing in instruments rated below investment grade (i.e. junk bonds) because such instruments generally involve greater risk of default or price changes than other types of fixed-income instruments, therefore the Fund’s performance may vary significantly as a result.

An investor should consider the investment objectives, risks, charges and expenses of the Hundredfold Select Funds carefully before investing. The prospectus contains this and other information about the Hundredfold Select Funds. Download a prospectus, or call Gemini Fund Services at 855-582-8006. The prospectus should be read carefully before investing.

Distributor: Ceros Financial Services, Inc. Ceros Financial Services, Inc. has no affiliation with Hundredfold Advisors, LLC. Advisors Preferred is a commonly held affiliate of Ceros.

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