|Annualized Returns – as of 12/31/2016|
|1 Year||3 Years||5 Years||10 Years||Since Inception|
|Appleseed Fund (APPLX)||9.94%||– 0.60%||5.80%||5.70%||5.70%|
|Appleseed Fund (APPIX)||10.16%||– 0.38%||6.04%||5.84%||5.84%|
|MSCI World Index||7.51%||3.80%||10.41%||3.83%||3.83%|
The funds past performance does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-800-470-1029.
|Investor Class (APPLX)||-2.02%||-18.05%||59.98%||4.92%||-2.57%||13.31%||19.09%||-1.68%||-9.12%||9.94%|
|Institutional Class (APPIX)||-2.02%||-18.05%||59.98%||4.92%||-2.37%||13.57%||19.41%||-1.51%||-8.87%||10.16%|
|MSCI World Index||9.04%||-40.71%||29.99%||11.76%||-5.54%||15.83%||26.68%||4.94%||-0.87%||7.51%|
The Investor Class gross expense ratio is 1.48%, and the net expense ratio is 1.25%. The Institutional Class gross expense ratio is 1.23%, and the net expense ratio is 1.06%. The Fund’s Adviser has contractually agreed to limit its receipt of payments under the Fund’s Administrative Services Plan to 0.19% of the average daily net assets of Investor Class shares through January 31, 2018. This expense cap may not be terminated prior to this date except by the Board of Trustees. The Fund’s Adviser has contractually agreed to waive its management fee and/or reimburse expenses so that total annual operating expenses (excluding brokerage fees and commissions; fees paid pursuant to the Administrative Services Plan (Investor Class only); borrowing costs, such as (a) interest and (b) dividend expenses on securities sold short; any 12b-1 fees; taxes; extraordinary expenses; and any indirect expenses, such as acquired fund fees and expenses) do not exceed 0.95% of the Fund’s average daily net assets through January 31, 2018. Any waiver or reimbursement by the Advisor is subject to repayment by the Fund within three fiscal years; provided that the Fund is able to make the repayment without exceeding the 0.95% limitation. This expense cap may not be terminated prior to this date except by the Board of Trustees.