Performance

Conductor Global Fund

The Advisor has been managing a composite of Separately Managed Accounts since 1/1/2010. The Composite is and has always been managed in a fashion identical to the way the Conductor Global Fund is managed. The Composite is GIPS Verified and independently audited by a third party auditor. For more information about the composite and its track record please click here.

The Conductor Global Fund’s Institutional Class (RAILX) and Retail Class (RAALX) is currently available on Charles Schwab, Fidelity (National Financial Services), Pershing and other Broker Dealer Platforms.

Disclosure
The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, at least until February 28, 2015, to ensure that the net annual fund operating expenses will not exceed 2.20%, 2.95%, and 1.95% of average daily net assets attributable to Class A, Class C, and Class I shares, respectively subject to possible recoupment from the Fund in future years. Without these waivers, the Fund’s total annual operating expenses would be 3.08%, 3.83%, and 2.83% for Class A, Class C, and Class I shares respectively. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. Performance shown is for Class I shares (please see a prospectus for information about other share classes). For performance information current to the most recent month-end, please call toll-free 844-467-2459.
Disclosure
Conductor Funds are offered only to citizens and residents of the U.S., and the information on this Internet site is intended only for such persons. Nothing on this Internet site should be considered a solicitation to buy or an offer to sell shares of any Conductor Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. Investments are not FDIC-insured nor are they deposits of or guaranteed by a bank or any other entity, so you may lose money.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Conductor Funds. This and other information about the Funds is contained in the prospectus and should be read carefully before investing. The prospectus for both funds can be obtained by calling toll free 1-844-GO-RAILX or by clicking here. The Conductor Funds are distributed by Northern Lights Distributors, LLC., Member FINRA   IronHorse Capital Management and Northern Lights Distributors, LLC are not affiliated.

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