Salient Risk Parity Fund

Fund Fees

Updated 09.10.2013

Maximum Sales Fees %
Initial 5.5
Deferred

Updated 09.10.2013

Maximum Fees %
Administrative
Management 0.95
Redemption

Updated 09.10.2013

Actual Fees %
12b-1 0.25
Management 0.95
Net Expense Ratio: Annual Report 1.6
Net Expense Ratio: Prospectus 1.56

Updated 04.22.2014

Total Cost Projections
3-Year $1,081.00
5-Year
10-Year

Purchase Information

Updated 09.10.2013

Minimum Investments
Initial $2,500.00
Additional
Initial IRA
Additional IRA
Initial AIP
Additional AIP