The Fund’s principal investment objective is total return consistent with dependable, but not assured, cash flow.

The Fund seeks to produce both income and long-term capital appreciation by investing in a portfolio of equity and fixed income securities.

The Fund will generally invest in a portfolio (consistent with the Fund's non-diversified status) of reasonably priced companies with sound fundamentals and long-term growth expectations.

In the near term, the Advisers intend to focus on securities issued by companies in the financial services industry. These companies would include, but not be limited to, savings and banking institutions, mortgage banking institutions, real estate investment trusts (“REITs”), consumer finance companies, credit collection and related service companies, insurance companies, securities and commodity brokerage companies, investment advisory firms and financial conglomerates, and holding companies of any of these companies.

No assurance can be given that the Fund will achieve its investment objective.