Chou Income Fund

Class Other (CHOIX)

Fund Fees

Updated 05.01.2013

Maximum Sales Fees %
Initial
Deferred

Updated 05.01.2013

Maximum Fees %
Administrative
Management 1.0
Redemption 2.0

Updated 05.01.2013

Actual Fees %
12b-1 0.0
Management 1.0
Net Expense Ratio: Annual Report 1.5
Net Expense Ratio: Prospectus 1.5

Updated 05.03.2013

Total Cost Projections
3-Year $1,007.00
5-Year $1,877.00
10-Year $4,122.00

Purchase Information

Updated 05.01.2013

Minimum Investments
Initial $5,000.00
Additional $500.00
Initial IRA $5,000.00
Additional IRA $500.00
Initial AIP $5,000.00
Additional AIP $100.00

Contact Fund

Chou America

Chou America
3 Canal Plaza, Suite 600
Portland, ME 04101
USA

207.347.2088

www.chouamerica.com

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