Williston Basin/Mid-North America Stock Fund (ICWIX)

Objective
To provide long-term capital appreciation.
Management Team
Shannon Radke, Monte Avery, Michael Morey
Symbol
ICWIX
Cusip
45890C689
Inception Date
08/01/2016
Current NAV
$5.19 (as of 12/08/2017)
Morningstar Rating
N/A
Lipper Award
2012, 2013, 2014, 2015, 2016

NAV History

Current NAV Change $ Change % POP
12/08/2017 5.19 0.07 1.37 5.19

Total Returns

As of: 9/30/2017

Annualized
Year To Date One Year Since Inception
I Shares -14.02 -6.88 6.88

Dividend Rates (Past Year)

Reinvest Date Dividend STCG LTCG Return of Capital
12/28/2016 0.025501 0.000000 0.000000 0.011146

Operating Expenses (as of 04/30/2017)

Management Fees 0.50%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses 0.47%
Total Annual Fund Operating Expenses 0.97%

Top 25 Holdings (as of 9/30/2017)

The full quarterly holdings report can be found by viewing the N-Q.

RPC INC
HALLIBURTON CO
ONEOK INC
WILLIAMS COS INC
DIAMONDBACK ENER
US SILICA HOLDIN
PARSLEY ENERGY-A
ANDEAVOR
PIONEER NATURAL
CANADIAN PACIFIC
PHILLIPS 66
PROPETRO HOLDING
FORUM ENERGY TEC
ENBRIDGE INC
SCHLUMBERGER LTD
CALLON PETROLEUM
TRANSCANADA CORP
EXXON MOBIL CORP
KINDER MORGAN IN
CENTERPOINT ENER
RSP PERMIAN INC
CIMAREX ENERGY C
OGE ENERGY CORP
VALERO ENERGY
KEANE GROUP INC

The mutual funds referred to in this website are offered by Prospectus only. For more complete information an investor should consider the investment objectives, risks, and charges and expenses of the investment company carefully before investing. The prospectus contains this and other information about the investment company. You may obtain a prospectus and summary prospectuses at no cost from your financial adviser. Please read the prospectus carefully before investing.

The performance data quoted represents past performance. Past performance does not guarantee future results. The Fund’s principal value, share price, yields, rates and total returns will vary due to changing market conditions, so that 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. To obtain performance data current to the most recent month-end, an investor may call toll free at 800-276-1262.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Because the Fund normally invests in common stocks of companies engaged in natural resources-related activities in a limited geographical area, the Fund’s performance largely depends on the overall economic condition of the related sectors and geographical area. Additionally, diplomatic, political or economic developments in foreign countries could adversely impact the Fund’s investment in securities of foreign companies.

For more information about the risks associated with the fund, please read carefully the fund’s prospectus.

Morningstar Ratings: For each fund with at least a 3-year history, Morningstar calculates a risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effects of all sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. These ratings change monthly. The top 10% of funds in each category receive a Morningstar Rating™ of 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund and rated separately.) Past performance does not guarantee future results. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.