Cognios Large Cap Value Fund

Objective.

The Cognios Large Cap Value Fund seeks long-term growth of capital.


Principal Investment Strategies


The Value Fund seeks to achieve its investment objective by purchasing equity securities of U.S. companies that the Adviser believes are undervalued and likely to appreciate. The Value Fund purchases large capitalization U.S. equity common stocks of companies that are constituents of the S&P 500® Index.

ROTA/ROME®

ROTA/ROME®, Cognios' value based investment process is a fundamental quantitative stock selection and portfolio construction methodology that seeks to identify companies whose per share intrinsic value has diverged significantly from the current market price of its stock. ROTA/ROME® focuses on a company's Return on Tangible Assets ("ROTA") and Return on Market Value of Equity ("ROME").

This fund is new and has limited operating history.

The Cognios Funds are not suitable for all investors. Subject to investment risks, including possible loss of the principal amount invested.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. Click Here to obtain a prospectus which contains this and other information, or call 855.254.6467. Read the prospectus carefully before investing.

The Cognios Funds are distributed by ALPS Distributors, Inc., 1290 Broadway, Ste 1100, Denver, CO 80203.

Not FDIC Insured - No Bank Guarantee - May Lose Value.