The investment seeks to generate current income and capital appreciation consistent with the preservation of capital.  The fund will invest in commercial mortgage backed securities ("CMBS"), predominately in the United States. Under normal circumstances, the fund may invest up to 100% of its assets in fixed income securities of which no less than 80% of its net assets (plus the amount of any borrowings for investment purposes) will be invested in floating rate CMBS. The advisor seeks to generate its returns primarily from its investments' monthly cash distributions and secondarily through opportunistic trading. The fund is non-diversified.

Nasdaq

RCRIX

The fund seeks long-term capital appreciation while managing downside volatility by investing long in equity securities that RiverPark believes have above-average growth prospects and selling short equity securities the Adviser believes are competitively disadvantaged over the long term. It invests primarily in the securities of U.S. companies, but it may also invest outside the U.S. The fund limits its investments in the securities of foreign issuers to no more than 15% of its assets.

RLSIX

Under normal circumstances, the fund will invest no less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in high yield Securities rated BB or below by a Rating Agency or, if unrated, determined by Cohanzick to be of comparable quality. It will maintain a dollar-weighted average effective maturity of no more than three years.

RPHIX

The fund seeks long-term capital appreciation by investing in equity securities of large capitalization companies that RiverPark believes have above-average growth prospects. Under normal circumstances, it invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the securities of large capitalization companies. The fund invests primarily in common stocks. The fund's managers consider companies with market capitalizations in excess of $5 billion to be large capitalization companies.

RPXIX

Under normal circumstances, the fund will invest no less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in (1) fixed income securities that the advisor believes are Money-Good, and for which, in the opinion of Cohanzick, if held to maturity, there is only a limited risk of loss of principal and (2) income producing equities, for which, in the opinion of Cohanzick, the issuing company has the resources to sustain its distributions.

RSIIX

The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of large capitalization companies that the sub-adviser believes have above-average growth prospects. It invests primarily in common stocks. The adviser considers companies with market capitalizations in excess of $5 billion to be large capitalization companies. The fund is non-diversified.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
RCRIX	RiverPark Floating Rate CMBS Fund	Bank Loan	Sep 29, 2016	0.85%	0.88%	—	4.67%	98
RLSIX	RiverPark Long/Short Opportunity Fund	Long-Short	Mar 29, 2012	1.75%	-12.16%	5.37%	0.00%	6
RPHIX	RiverPark Short Term High Yield Fund	High Yield Bonds	Sep 30, 2010	0.89%	1.02%	3.51%	4.10%	100
RPXIX	RiverPark Large Growth Fund	Large Cap Growth Equities	Sep 30, 2010	0.91%	-13.34%	10.12%	10.56%	11
RSIIX	RiverPark Strategic Income Fund	High Yield Bonds	Sep 30, 2013	1.18%	0.36%	5.50%	7.62%	96
RWGIX	Wedgewood Fund	Large Cap Growth Equities	Sep 30, 2010	0.95%	-8.76%	6.84%	12.60%	7

RiverPark Funds Mutual Funds List

Risk vs. Return Scatterplot