DMCIX : Power Dividend Mid-Cap Index Fund Class I

Fund Summary

The investment seeks to maximize total return from income and capital appreciation with the preservation of capital as a secondary objective. The fund seeks to track the W.E. Donoghue & Co., Power Dividend Mid-Cap Index (the "Power Dividend Mid-Cap Index"). The Power Dividend Mid-Cap Index is comprised of, and the fund will primarily invest in, individual stocks with high-dividend yields or short-term Treasury exchange-traded funds ("ETFs").