NVXIX : Navigator Sentry Managed Volatility Fund Class I

Fund Summary

The investment seeks negative correlation to the U.S. equity markets, including positive returns in unfavorable equity markets. The fund generally seeks negative correlation to the U.S. equity markets, in order to obtain positive returns in an unfavorable equity market. It may invest in options on securities and stock indexes (including index put-options), swaps, futures, structured notes, underlying funds including hedge funds, closed end funds, exchange traded funds ("ETFs") and other mutual funds (collectively, "underlying funds").