Rigel U.S. Equity Large Cap Growth Fund Gross Expense Ratio: 1.03%
Rigel U.S. Equity Small-Mid Cap Growth Fund Gross Expense Ratio: 3.06%
The Advisor has contractually agreed to waive its fees and/or absorb expenses of the Large Cap Fund and Small-Mid Cap Fund to ensure that Net Annual Fund Operating Expenses do not exceed 1.00% and 1.35%, respectively, of the average daily net assets of each Fund. The duration is indefinate.

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance current to the most recent month end may be lower or higher than the performance quoted and may be obtained by calling 1-866-977-4435. Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.

Investment performance reflects fee waivers in effect. In the absence of such waivers, total return would be reduced.

Click here to view the Rigel U.S. Equity Large Cap Growth Fund holdings as of 09/30/2008.

Click here to view the Rigel U.S. Equity Small-Mid Cap Growth Fund holdings as of 09/30/2008.

Fund holdings are subject to change and are not recommendations to buy or sell any security.

Please refer to the Rigel U.S. Equity Large Cap Growth Fund and Rigel U.S. Equity Small-Mid Cap Growth Fund Prospectus for important information about the investment company including investment objectives, risks, charges and expenses. To obtain a hard copy Prospectus, please call 1 (866) 97RIGEL (1-866-977-4435).

Mutual fund investing involves risk. Principal loss is possible. The Rigel U.S. Equity Small-Mid Cap Fund invests in small- and mid-cap companies, which involve additional risks such as limited liquidity and greater volatility than large-cap companies.

Quasar Distributors, LLC, Distributor