OIPIX : Catalyst Enhanced Core Fund Class I

Fund Summary

The investment seeks long term capital appreciation. The fund seeks to achieve its investment objective by investing in futures contracts on the S&P 500 Index. Through its investment in index futures, the manager attempts to provide a return (before fees and expenses) that approximates the performance of the index. The fund also invests, directly or indirectly through investment in other mutual funds and ETFs, in a portfolio of fixed income securities and engages in short-term trading of the equity securities of initial public offerings of U.S. companies ("IPOs") with the objective to provide additional return over the long term. The fund is non-diversified.