About Aviemore® ETF Mutual Funds

Aviemore Asset Management, LLC
support@etfmutualfund.com
Aviemore Asset Management, LLC is the investment adviser of the ETF Market Opportunity Fund and has responsibility for the management of the Fund’s affairs under the supervision of the Trust’s Board of Trustees. Aviemore serves as investment adviser to individuals, trusts, and retirement plans.

Paul Frank, Portfolio Manager
paul.frank@etfmutualfund.com
The Fund’s investment portfolio is managed on a day-to-day basis by Paul Michael Frank. Mr. Frank was born in 1962 in Quebec, Canada. His formal education includes a B.A. in History and Economics from Drew University. Mr. Frank also completed a MBA in Finance from Fordham University’s Graduate School of Business Administration in 1992, earning the Dean’s award for academic excellence and named class valedictorian. After completing his Master’s Degree, Mr. Frank worked as an analyst and trader at Signalert, a registered investment adviser.

Press Clippings

Paul Frank Positions for Q2 - seekingalpha.com, 4/11/2011

Paul Frank 2010 Recap - seekingalpha.com, 12/29/2010

ETFOX on Indonesia , 12/20/2010

"ETF Mutual Fund: The Best of Both Worlds" - streetonefinancial.com, 5/17/2010

"Paul Frank's Recipe for a Successful New Year" - seekingalpha.com, 1/1/2010

"Mutual Funds That Bank on ETFs" - usnews.com, 12/11/2009

For information about ETFOX call:
(800) 239 9136

Portfolio Manager: Paul M. Frank
ETF Market Opportunity Fund
Aviemore Asset Management, LLC
paul.frank@etfmutualfund.com

Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. You may obtain performance data current to the most recent month-end by calling the transfer agent at 800 239 9136. Investors should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. You may obtain a prospectus on this website or by calling the transfer agent at 800 239 9136. The prospectus should be read carefully before investing.

Morningstar Ratings™ are based on cost and risk-adjusted 3 and 5-year returns. Past performance is no guarantee of future results and ratings are subject to change every month. Morningstar™ categorizes the ETF Market Opportunity Fund as “Large Growth”. As of 9/30/2011, the “Large Growth” category included 1,479 funds in its Overall rating, 1,479 3-Year funds and 1,261 5-Year funds. A “5 star” Morningstar rating indicates that a fund’s risk-adjusted return measure is in the top 10% of funds in a category.