Investment Partners Fund: Fund Performance

	NAV	NAV Daily Change	% Daily Change⁽¹⁾	% YTD Return⁽²⁾	One Month	Three Month	One Year	Three Year	Since Inception	Cumulative Since Inception	One Year Through 9/30/2016	Three Year Through 9/30/2016	Five Year Through 9/30/2016	Inception Through 9/30/2016⁽³⁾
Performance Through 10/12/2016											Average Annual Returns
Investment Partners Absolute Return Fund A	$8.32	$0.00	0.00%	8.19%	4.92%	6.80%	4.61%	-5.52%	-1.25%	-8.12%	10.27%	-5.32%	-0.94%	-1.31%
S&P 500 TR	8803.96	10.81	0.12%	6.47%	-0.75%	-0.07%	8.40%	10.19%	12.20%	N/A	15.43%	11.16%	16.37%	12.47%
S&P North American Natural Resources Sector Index TR	286.34	-0.23	-0.08%	23.12%	-0.21%	0.60%	7.66%	-4.38%	1.58%	N/A	22.36%	-3.58%	2.98%	1.77%

(1)	Represents the percentage increase/decrease in the net asset value from the prior trading day.
(2)	Performance for periods less than one year is not annualized.
(3)	Inception date of the fund is January 15, 2010