Okumus Opportunistic Value

Fund Class C

Fund Investment Objectives

The Fund's investment objective is to maximize total return. The Fund intends to invest, hold, sell, trade and otherwise deal in securities and other intangible investment instruments consisting principally, but not solely, of stocks, bonds, notes, options, warrants, rights and other securities and instruments including securities of closed-end funds. The Fund intends to manage a portfolio with assets devoted to buying or short selling individual securities. In pursuing its investment objective, the Advisor may utilize a variety of investment techniques, some of which may be considered speculative, including short selling, the purchase and sale of options on securities, and the use of leverage.