KLDW Stock, Knowledge Leaders Developed World Information

The investment seeks to provide investment results that before fees and expenses correspond generally to the total return performance of the Knowledge Leaders Developed World Index. The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to measure the performance of issuers in developed markets countries that are considered to be Knowledge Leaders as defined and determined by the index provider based on a proprietary selection model developed by the index provider and incorporated into the index methodology. The fund is nondiversified. The Fund invests primarily in equities the advisor considers to be highly innovative companies or 'knowledge leaders'. The portfolio will include a diversified mix of mid- and large-cap companies from the developed world including North America, Europe and Asia.