CLSAX : AdvisorOne CLS Global Diversified Equity Fund Class N

Fund Summary

The investment seeks long-term growth of capital without regard to current income. The fund invests primarily in exchange traded funds ("ETFs"), other open-end mutual funds, and closed-end funds. It invests in underlying funds that primarily invest in common stock or securities convertible into or exchangeable for common stock (such as convertible preferred stock, convertible debentures or warrants), including the stock of foreign issuers. The fund invests under normal market conditions, at least 80% of the fund's assets (defined as net assets plus the amount of any borrowing for investment purposes) in equity securities.