Rational Equity Armor Fund (HDCTX) Diversifiers

The fund will invest at least 80% of its net assets, plus the amount of borrowings for investment purposes, in equity securities. It seeks to achieve its investment objective by investing primarily in common stock of dividend paying companies included within the S&P 500 Index. The fund seeks to hedge the majority of its stock exposure by investing up to 20% of its assets in futures contracts on the Cboe Volatility Index and in cash and cash equivalents, including U.S. Treasury obligations, as a hedge against the common stock held in its portfolio.