LDVIX : Leland Thomson Reuters Venture Capital Index Fund Class I

Fund Summary

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price performance of a specific benchmark designed to track the aggregate performance of U.S. venture capital-backed companies. The fund seeks to provide investment results that, before fees and expenses, correspond generally to the price performance of the Thomson Reuters Venture Capital Index (the "underlying index"). The underlying index seeks to replicate the aggregate gross performance of U.S. venture capital-backed companies. However, the fund does not invest directly in venture capital funds or start-up companies. The fund is non-diversified.