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FUND DOCUMENTS

semi-annual reports

Schedule of Investments

SEC Tailored Shareholder Report

377 East Butterfield Road, Suite 220
Lombard, Illinois 60148
Office Phone: 312-341-9727

3629 Sacramento Street, Suite 100
San Francisco, CA 94118
Office Phone: 415-872-7003

Past performance 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.

You should carefully consider the investment objectives, potential risks, management fees, and charges and expenses of the Fund before investing. The Fund's prospectus contains this and other information about the Fund, and should be read carefully before investing. You may obtain a current copy of the Fund's prospectus by calling 833-835-1171.

The Fund is distributed by Northern Lights Distributors, LLC

Hunter Small Cap Value Fund Prospectus & SAI
Fund Documents
www.finra.org