RiverNorth Managed Volatility Fund

Class Retirement (RNBWX)

Fund Fees

Updated 01.28.2014

Maximum Sales Fees %
Initial
Deferred

Updated 01.28.2014

Maximum Fees %
Administrative
Management 1.0
Redemption 2.0

Updated 01.28.2014

Actual Fees %
12b-1 0.25
Management 1.0
Net Expense Ratio: Annual Report 1.8
Net Expense Ratio: Prospectus 1.8

Updated 03.05.2014

Total Cost Projections
3-Year $647.00
5-Year $1,138.00
10-Year $2,490.00

Purchase Information

Updated 01.28.2014

Minimum Investments
Initial $5,000.00
Additional $100.00
Initial IRA $1,000.00
Additional IRA $100.00
Initial AIP
Additional AIP

Contact Fund

RiverNorth Funds

325 N Lasalle St. Suite 645
Chicago IL 60610
USA

312.832.1440

www.rivernorthfunds.com