Hatteras Alpha Hedged Strategies Fund

Fund Fees

Updated 04.30.2014

Maximum Sales Fees %
Initial 4.75
Deferred

Updated 04.30.2014

Maximum Fees %
Administrative
Management 0.25
Redemption

Updated 04.30.2014

Actual Fees %
12b-1 0.25
Management 0.25
Net Expense Ratio: Annual Report 3.99
Net Expense Ratio: Prospectus 3.49

Updated 07.03.2014

Total Cost Projections
3-Year $1,785.00
5-Year $2,703.00
10-Year $5,018.00

Purchase Information

Updated 04.30.2014

Minimum Investments
Initial $1,000.00
Additional $250.00
Initial IRA $1,000.00
Additional IRA $250.00
Initial AIP $1,000.00
Additional AIP $100.00