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You should carefully consider the investment objectives, potential risks, management fees, and charges and expenses of the Fund before investing. The Fund's prospectus contains this and other information about the Fund, and should be read carefully before investing. You may obtain a current copy of the Fund's prospectus by calling 1-800-470-1029 or by downloading one here. The Fund's 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.

Investing involves risk, including loss of principal. There is no guarantee that this, or any, investing strategy will be successful. Investments in international market present special risks including currency fluctuation, the potential for diplomatic and political instability, regulatory and liquidity risks, foreign taxation and differences in auditing and other financial standards. Value investing involves the risk that an investment made in undervalued securities may not appreciate in value as anticipated or remain undervalued for long periods of time. Because the Fund does not invest in companies that do not meet its ESG criteria, and the Fund may sell portfolio companies that subsequently violate its screens, the Fund may be riskier than other mutual funds that invest in a broader array of securities.

The gross expense ratio of the Fund’s investor class is 1.52%, and the institutional class is 1.27%; the net expense ratio after contractual fee waivers through January 31, 2023 is 1.22% and 1.03%. The Fund’s ninety day redemption fee is 2.00%.

Pekin Hardy Strauss Inc, is the advisor to the Appleseed Fund and an SEC registered investment. For more information, visit www.pekinhardy.com .

The Appleseed Fund is distributed by Ultimus Fund Distributors, LLC. (Member FINRA).

Ultimus Fund Distributors, LLC and Pekin Hardy Strauss are separate and unaffiliated firms.

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