An investment in the Fund is subject to investment risks, including the possible loss of some or all of the principal invested. There can be no assurance that the Fund will be successful in meeting its investment objective. You may lose money by investing in the Fund.
The following is a summary description of principal certain risks of investing in the Gator Financial Fund.
Portfolio Management Risk – The strategies used and securities selected by the Fund’s Adviser may fail to produce the intended result and the Fund may not achieve its objective. The securities selected for the Fund may not perform as well as other securities that were consistent with the Fund’s investment strategy, but were not selected for the Fund. As a result, the Fund may suffer losses or underperform other funds with the same investment objective or strategies, even in a rising market.
Market Risk – Securities markets are volatile and prices of all securities may decline when markets decline generally. Accordingly, the price of and the income generated by the Fund’s securities may decline in response to, among other things, adverse changes in investor sentiment, general economic and market conditions, regional or global instability, interest rate fluctuations or other factors that may cause the securities markets to decline generally.
Financial Services and Regulatory Risk
Financial Company Risk
Real Estate and REIT Risk
Company Risk – An equity security may fluctuate in price based upon many different factors, including among others, changes in the company’s financial condition or prospects, or changes in market or economic conditions affecting a company’s industry generally. Equity security prices also fluctuate based on investors’ perceptions of a security’s value, regardless of the accuracy of those perceptions.
Risks Related to Other Equity Securities – In addition to common stocks, the equity securities in the Fund’s portfolio may include preferred stock and convertible securities. Like common stocks, the value of these equity securities may fluctuate in response to many factors, including the activities of the issuer, general market and economic conditions, interest rates, and specific industry changes. Also, regardless of any one company’s particular prospects, a declining stock market may produce a decline in prices for all equity securities, which could also result in losses for the Fund. Convertible securities entitle the holder to receive interest payments or a dividend preference until the security matures, is redeemed, or the conversion feature is exercised. As a result of the conversion feature, the interest rate or dividend preference is generally less than if the securities were non-convertible.
Management Style Risk – The performance of the Fund will decline and may be worse than the performance of equity funds that focus on other types of equities or have a broader investment style when the adviser’s management style (generally, value-oriented small-cap equity) is out-of-favor in the market. Since different types of equity securities (e.g., large-cap, mid-cap, small-cap) tend to shift into and out of favor with investors depending on market and economic conditions, the performance of the Fund may also be worse than the performance of equity funds that focus on other types of equities or have a broader investment style when the adviser’s management style is out-of-favor.
MLP Affiliates Risk
Foreign Securities Risk
An investment in the Gator Financial Fund is subject to special risks including but not limited to, small and mid cap companies securities risk which is subject to the potential for increased volatility as a result of investing in securities that are more volatile compared to investments in more established companies.
Mutual fund investing involves risk. Such risks associated with the Gator Financial Fund as well as applicable investment objectives, charges and expenses must be considered carefully before investing. This and other important information about the Gator Financial Fund is found in the Prospectus, a copy of which or current performance information may be obtained by visiting www.gatormutualfunds.com or by contacting Mutual Shareholder Services (“MSS”) toll free at (855) 270-2673. We encourage you to read the prospectus carefully before investing.
Past performance does not guarantee future results. Loss of principal is possible. Investment returns and principal value of an investment in the Gator Financial Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. MSS serves as the Funds’ Transfer Agent and provides Fund Accounting and Pricing Services to the Gator Financial Fund. Arbor Court Capital, LLC (“ACC”) serves as the Distributor for the Funds and is a member of FINRA. Gregory Getts is the primary owner of MSS and is also a shareholder of ACC.