Ascendant Funds

Ascendant Funds

Patriot

Patriot Fund Performance

Unmanaged index returns do not reflect fees, expenses, or sales charges.  You cannot invest directly in an index.  The index shown is for informational purposes and is not reflective of an investment in any Ascendant fund.  

Performance Disclosure:
The maximum sales charge (load) for Class A is 5.75%.  Total Annual Fund Operating Expense: Class A 2.41%, Class C 3.16%, Class I 2.16%
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 in the Fund will fluctuate so that investors’ 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 until at least January 31, 2017, to ensure that net annual, operating expenses will not exceed 2.40%, 3.15%, and 2.15% for Class A, C and I shares respectively, subject to possible recoupment from the Fund in future years. Without these waivers, total annual operating expenses would be 4.33%, 5.08%, and 4.08% for Class A, C, and I shares respectively.  Results shown reflect the waiver, without which the results could have been lower.  For more current performance information, please call toll-free 855-527-2363 or visit our website, http://www.patriotfund.com. 

Prospectus Disclosure:
Investors should carefully consider the investment objectives, risks, charges and expenses of the Patriot Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at http://www.ascendantfunds.com or by calling 855-527-2363. The prospectus should be read carefully before investing. The Patriot Fund is distributed by Northern Lights Distributors, LLC, member FINRA/SIPC. Ascendant Advisors, LLC. is not affiliated with Northern Lights Distributors, LLC. 

Risk Disclosure:
Mutual Funds involve risk including the possible loss of principal.  There is no assurance that the fund will achieve its investment objectives.  Because the adviser screens out Terror Nations-related issuers, this will reduce the number of potential investments available to the Fund and the Fund may not perform as well as unrestricted funds. A higher turnover may indicate higher transaction costs and could result in higher taxes when Fund shares are held in a taxable account.

There is no assurance that the Fund will achieve its objectives, generate positive returns, or avoid losses.

7137-NLD-3/22/2016