Important Information

F/m Investments Large Cap Focused Fund

An investor should consider objectives, risks, charges and expenses carefully before investing. To obtain a prospectus which contains this and other important information, call 888-553-4233 or visit www.fm-funds.com. Read the prospectus carefully before investing.

The Fund is not suitable for all investors and is subject to investment risk, including possible loss of the principle amount invested. The value of the Fund’s assets will fluctuate as the equity market fluctuates. Different investment styles tend to shift in and out of favor depending upon market and economic conditions, as well as investor sentiment, and the Fund may outperform or underperform other funds that employ a different investment style. The Fund may invest in foreign securities via ADRs which may be riskier than investing in U.S. securities. Frequent trading of the portfolio involves corresponding higher expenses and may adversely affect the Fund’s performance. There can be no assurance that the Fund will be successful in meeting its investment objective. Past performance is no indicative of future results.

The Fund is distributed by Matrix 360 Distributors, LLC, 4300 Shawnee Mission Parkway, Suite 100, Fairway, KS 66205, member FINRA. F/m Investments, LLC is not affiliated with Matrix 360 Distributors, LLC.

Not FDIC Insured – No Bank Guarantee – May Lose Value.

Oakhurst Funds

The Funds are not suitable for all investors and are subject to investment risk, including possible loss of principal. There can be no guarantee that any investment strategy will achieve its objectives, generate profits or avoid losses. Past performance is not a guarantee of future results.

A bond’s market value may be affected significantly by changes in interest rates – generally, when interest rates rise, the bond’s market value declines and when interest rates decline, its market value rises.

Investment grade fixed-income securities are rated in the four highest credit categories (AAA, AA, A, BBB, or an equivalent rating) by at least one nationally recognized rating agency.  Mortgage-backed securities are subject to greater prepayment risk during periods when interest rates decline. Prepayment risk is the risk that the principal on mortgage-backed securities, other asset-backed securities or any fixed income security with an embedded call option may be prepaid at any time, which could reduce yield and market value.

High-yield securities or junk bonds are often considered to be speculative and involve greater risk of default or price changes than investment grade fixed-income securities due to changes in the issuer’s creditworthiness or the market’s perception of an issuer’s creditworthiness. These securities issuers may not be as financially strong as those of issuers of higher rated securities.

The Fund may invest in thinly traded securities that are privatively placed but eligible for purchase and sale by certain qualified institutional buyers. Liquidity risk is the risk that a limited market for a security may make it difficult for that security to be sold at an advantageous time or price.

Duration is a measure of the sensitivity of the price of a fixed-income investment to a change in interest rates.

Diversification does not ensure a profit or guarantee against loss.

For a complete list of all of the risks involved when investing in the Funds, please refer to the current prospectus.