THIR

The Fund seeks to provide investment results that generally correspond, before fees and expenses, to the performance of the THOR SDQ Rotation Index (the "Index"). The index is comprised of U.S. index exchange traded funds ("ETFs"). The primary goal of the Index is to gain exposure to U.S. large cap equities while attempting to lower volatility by avoiding indexes and ETFs that are currently in a down trending cycle, in the view of THOR. The Index measures the price trends and historic volatility of three U.S. index ETFs (the "Select List") over the medium term (three to six months). The Select List includes the S&P 500 Index, Dow Jones Industrial Index, and the NASDAQ 100 Index. The Index uses a proprietary algorithm weekly to evaluate the Select List to determine whether the security on the Select List is currently "risk on" (buy) or "risk off" (sell). Only securities with a risk on signal are included in the Index.