You could lose money by investing in the Fund. An investment in the Fund is not a deposit of a bank and is not insured or
guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency.
EQUITY SECURITIES RISK. There is the risk that the value or price of a particular stock or other equity or equity-related
security owned by the Fund could go down and you could lose money. In addition to an individual stock losing value, the
value of the equity markets or a sector of those markets in which the Fund invests could go down.
SMALLER COMPANY RISK. The Fund invests in small and/or mid capitalization companies. Such companies may be more
vulnerable to adverse general market or economic developments, and their securities may be less liquid and may
experience greater price volatility than larger, more established companies as a result of several factors, including limited
trading volumes, products or financial resources, management inexperience and less publicly available information.
Accordingly, such companies are generally subject to greater market risk than larger, more established companies.
FIXED INCOME SECURITIES RISK. Investment in fixed income securities involves a variety of risks, including the risk that an
issuer or guarantor of a security will be unable to pay some or all of the principal and interest when due (credit risk); the
risk that the Fund may not be able to sell some or all of the securities its holds, either at the price at which it values the
security or at any price (liquidity risk); and the risk that the rates of interest income generated by the fixed income
investments of the Fund may decline due to a decrease in market interest rates and that the market prices of the fixed
income investments of the Fund may decline due to an increase in market interest rates (interest rate risk).
MARKET AND MANAGEMENT RISK. Markets in which the Fund invests may experience volatility and go down in value, and
possibly sharply and unpredictably. All decisions by the Advisor require judgment and are based on imperfect
information. Additionally, the investment techniques, risk analysis and investment strategies used by the Advisor in
making investment decisions for the Fund may not produce the desired results.
ETF RISK. ETFs in which the Fund may invest are index funds bought and sold on a securities exchange. An ETF trades like
a common stock and represents a portfolio of securities designed to track a particular market index. The ETFs in which the
Fund may invest will generally track a corporate or government bond index. The risks of owning an ETF generally reflect
the risks of owning the underlying securities they are designed to track, although lack of liquidity in an ETF could result in
it being more volatile and ETFs have management fees that increase their costs.
MORTGAGE-BACKED SECURITIES AND PREPAYMENT RISK. Unscheduled or early payments of principal and interest on the
mortgages underlying mortgage-backed securities in which the Fund may invest may make the securities' effective
maturity shorter than stated. Rising interest rates tend to extend the duration of mortgage-backed securities, making them
more sensitive to changes in interest rates, and may reduce the market value of the securities. In addition, mortgage-backed
securities are subject to prepayment risk, the risk that borrowers may pay off their mortgages sooner than
expected, particularly when interest rates decline.