Gross expense ratio for Class A is 1.85%, Class I is 1.60% and Investor Class is 2.10%.  There is a fee waiver until September 1, 2023 of 0.10% so fees will not exceed 1.75% Class A, 1.50% Class I and 2.00% Investor Class.

*Fund Inception is 5.2.2022 and performance is annualized. 

Bloomberg US Aggregate Bond Index:   The Bloomberg US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate pass-throughs), ABS and CMBS (agency and non-agency).

Investments in mutual funds involve risk, including loss of principal.  There is no guarantee that any investment strategy will achieve its objective, generate profits, or avoid losses.  The fund has a limited history of operation.

The performance data quoted represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 1-877-345-8646.

Investors should consider the investment objectives, risks, charges and expenses of the fund carefully before investing.  The prospectus contains this and other important information about the Fund.  For a current Prospectus, call 1-877-345-8646 or go to

The Holbrook Structured Income Fund is distributed by Northern Lights Distributors, LLC, member FINRA/SIPC. Holbrook Holdings Inc. is not affiliated with Northern Lights, Distributors, LLC.