THE E-VALUATOR GROWTH (70%-85%) RMS FUND SERVICE CLASS SHARES

Company Description

TheFund seeks to achieve its objective by investing, under normal market conditions, primarily in the securities of other unaffiliated investmentcompanies, including open-end funds, exchange-traded funds (“ETFs”) and closed-end funds (collectively referred to as “UnderlyingFunds”). The Fund utilizes a risk- managed strategy (thus, the term “RMS” in the Fund’s name), which involvesthe allocation of invested assets across multiple underlying investments in a manner that attempts to limit fluctuations in annualizedreturns that would be commensurate to an investor seeking to experience very low volatility as measured by standard deviation. An investment’svolatility is commonly measured by standard deviation. Standard deviation provides the probable range of anticipated returns based onthe performance fluctuations over previous time periods (1-year, 3-year, or 5-year). Investments with the lowest levels of standard deviationwould be considered very conservative (less volatile), while investments with higher levels of standard deviation would be consideredmore growth oriented and aggressive in nature (more volatile). The strategy of this Fund is to keep the level of annual performance fluctuationwithin standard deviation parameters that would be suitable for a growth-oriented investor. This is identified by standard deviationsthat are slightly greater than that of a moderate risk investor, but less than those of an aggressive growth investor. Under normal circumstances,the Fund seeks to maintain a standard deviation between 8% to 11% over a 3-year timeframe or a 5-year timeframe. TheFund allocates assets across three broad asset classes (money market, bonds, equities) in a manner that provides a high probability ofmeeting the standard deviation goals. The Fund will generally allocate 15%-30% of its assets into a variety of Underlying Funds thatfocus on investments in fixed income securities (e.g., money markets and bonds) that possess varying qualities of credit and durationincluding high-yield securities (also referred to as “junk bonds”). The remaining 70%-85% of the Fund’s assets willgenerally be allocated to Underlying Funds that invest in equity securities that have the potential of providing dividends and growthon an annual basis. The equity allocation will be invested in Underlying Funds that invest in U.S. and foreign securities (includingemerging markets securities) and that focus on investments without regard to market capitalization (i.e., investments may include securitiesof issuers that would be considered small, medium and/or large capitalization companies). The Fund identifies an emerging market securitybased on it being placed in the Diversified Emerging Market Equity category by Morningstar, Inc. Systelligence, LLC (the “Adviser”)incorporates a” Core and Satellite” management philosophy with 20% to 80% of a category allocation invested in the “Core”holdings and the remaining amount investing in the “Satellite” holdings. A category allocation is the amount of assets tobe allocated into an investment category. Morningstar, Inc. has created what the Adviser believes to be an industry standard of investmentcategories, which aid in the recognition of an investment’s underlying holdings, e.g., Intermediate Term Bond Category,Short Term Government Bond Category, Domestic Large Cap Stock Category, etc. The “Core and Satellite” management philosophyis synonymous with “Passive Management” and ‘Active Management,” respectively. The “Core” componentpertains to the portion of the Fund’s asset allocation that is devoted to passive management. Passive management is considereda form of investment management whereby the allocation mirrors the allocation of a benchmark, or index. The Fund’s allocation into“Core” holdings is achieved by investing a portion of the Fund’s assets into Underlying Funds that attempt to replicatethe performance of a common index (e.g., S&P 500®, Russell 1000, Bloomberg Barclays US Aggregate Bond Index, etc.)(that is, passively managed Underlying Funds). The Fund’s “Satellite” component pertains to the portion of the Fund’sasset allocation that is devoted to active management. Active management is considered a form of investment management whereby the allocationis driven by security selection and trading with an overriding goal of outperforming a stated index, or benchmark. The Fund’s allocationinto “Satellite” holdings is accomplished by investing a portion of the Fund’s assets in actively managed UnderlyingFunds. By constructing the Fund’s portfolio with Core and Satellite holdings, the Adviser is blending two management philosophiesin an effort to capture the returns of the market indexes through Core holdings, while also seeking to enhance the overall performancewith Satellite holdings, and thus attempting to deliver above average performance.  TheAdviser selects the Fund’s “Core” holdings by first arriving at an asset allocation across three broad asset classes(money market, bonds, and equities) that the Adviser believes provides the highest probability of meeting the stated volatility goals.Once this broad asset allocation is determined, the second decision is to determine the allocations within each of the aforementionedbroad asset classes. For instance, once the allocation percentage into equities has been determined, the next step would be to identifythe amount allocated between foreign and domestic equities. Once this has been determined, the next decision is to determine the allocationinto large companies, medium sized companies, and small companies within each equity sub-group. When the allocation based on companysize has been determined, the Adviser will dedicate a portion of that allocation into passive management, i.e. index, also referred toas “Core”. Likewise, the Fund will allocate a portion of the allocation into active management, also referred to as “Satellite”. TheAdviser allocates the Fund’s assets with respect to Satellite holdings among the Underlying Funds by utilizing proprietary quantitative-basedmodels in which an Underlying Fund must meet a performance criteria of outperforming the average of its peer group by a minimum of 10%across multiple timeframes (1 month, 3 months, 6 months, 1 year, 2 years, 3 years, and 5 years) to be considered a potential (or remainas an existing) investment in the Fund. The emphasis of each timeframe in the overriding analysis is determined through a proprietaryweighting process that enables the Adviser to place more emphasis on varying timeframes through a variety of market cycles. The Adviser’sasset allocation to both the Core and Satellite components of the Fund will generally be rebalanced when an allocation dispersion exceeding+/- 10% is experienced. For instance, if an Underlying Fund’s allocation of the Fund’s total assets equals 15%, then theAdviser would rebalance if/when this investment’s allocation exceeded 16.5% of the Fund’s total assets (110% x 15% = 16.5%),or if/ when this Underlying Fund’s allocation as a percent of the Fund’s total assets drops to less than 13.5% (90% x 15%= 13.5%). Basedon technical analysis of economic and market conditions, the Adviser may, from time to time, allocate up to 5% of the Fund’s netassets to investments in ETFs that are tied to the performance of the broad equity markets as measured by such indices as the S&P500® Index. These ETFs may include leveraged and inverse ETFs, which are used to manage volatility. A long-position inETFs would reflect the Adviser’s assessment that the markets are moving in an upward direction. Whereas, an inverse position wouldreflect an assessment by the Adviser that the markets are generally moving downward. Depending upon the strength of the indicators inthe Adviser’s technical analysis, the Adviser may allocate to ETFs that are leveraged and would thus anticipate a multiple (e.g.,2X) of the performance of the market in either an upward or downward direction. Due to the growth or decline in any allocation to thistype of position, the Adviser’s asset allocation will be rebalanced when an allocation dispersion exceeding +/- 10% is experienced. TheAdviser sells or reduces the Fund’s position in an Underlying Fund when the Underlying Fund’s performance begins to lag theaverage of its respective peer group by 10% or more, and has done so for an average of 3-months or more. These performance tolerancestandards are applied to multiple timeframes, i.e., 1-month, 3-month, 6-month, 1-year, 2-year, 3-year, and 5-year timeframes.These settings are subject to change as market conditions warrant. TheFund may engage in frequent and active trading within both its Core and Satellite components in order to achieve its investment objective. TheFund may invest in Underlying Funds that utilize derivatives such as put and call options on stocks and stock indices, and index futurescontracts and options thereon, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices thanconventional securities. The Underlying Funds may utilize derivatives to, among other things, seek to enhance return, to hedge some ofthe Underlying Fund’s investments or as a substitute for a position in the underlying asset. Additionally, some of the UnderlyingFunds may invest directly or indirectly in physical commodities, such as gold, silver, and other precious materials. TheFund may, from time to time, focus its investments in a particular industry or sector for the purpose of capitalizing on performancemomentum in that industry or sector due to significant changes in market conditions, economic conditions, geopolitical conditions, etc.,as well as to reduce downside exposure to significant changes in conditions such as market, economic or geopolitical.