For additional information on BCM and the Fund, please see the fund’s web site, www.bridgehamptonfunds.com, contact Blake Davis at 631.259.6742 or firstname.lastname@example.org, or call a representative at the Fund’s transfer agent, UMB Fund Services, at 855-226-4600.You should consider the funds’ investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus containing this and other information about the Fund, call 1-855-226-4600. Please read the prospectus or summary prospectus carefully before investing. All investments in this fund are subject to the risk of loss of principle. An investment in the Fund is subject to risks and you could lose money on your investment in the Fund. The principal risks of investing in the Fund include, but are not limited to, investing in foreign securities, emerging markets, short sales, leverage, derivatives, fixed income and below investment grade bonds, convertible securities, quantitative analysis, arbitrage, portfolio turnover and non-diversification. More information about these risks may be found in the Fund’s prospectus. The Fund uses arbitrage strategies which involve different risks than those that are ordinarily associated with equity investments. If certain spreads do not converge or certain events do not occur, significant losses may result from these trades. Foreign securities have additional risks including currency rate changes, political and economic instability, lack of comprehensive company information, less market liquidity, less efficient trading markets, and differing auditing controls and legal standards. Investments in emerging markets involve even greater risks. The use of short sales may cause the fund to have higher expenses than those of other equity or fixed income funds. Short sales involve special risks, including a greater reliance on the investment team's ability to accurately anticipate the future value of a security. The Fund's losses are potentially unlimited in a short sale transaction. The Fund's use of short sales increases the Fund's gross exposures, which may increase risk if not executed properly. The Fund's use of leverage can make the Fund more volatile and magnify the effect of any losses.
There is no assurance that a leveraging strategy will be successful. The Fund invests in fixed income, convertible, and below investment grade securities which can lose their value as interest rates or credit spreads increase and an investor can lose principal.The Bridgehampton Value Strategies Fund is distributed by Grand Distribution Services LLC.