Roge Partners Funds

The Rogé Select Opportunities Fund

Global in scope and value-oriented, the Rogé Select Opportunities Fund (RSOFX) is designed to seek maximum total return potential over the long term by pursuing a strategy of flexible, opportunistic investing in securities across all sectors, capitalization levels and geographic markets.

The Fund's primary goal is to generate consistent performance by applying the techniques of R. W. Rogé & Company, Inc. ResearchEdge (R) process to identify well-managed, under-valued companies with healthy balance sheets and unique competitive advantages. In addition, the Fund may take positions in fixed-income securities in an attempt to enhance capital appreciation and income.

Diverging from the fund-of-funds approach employed by the Rogé Partners Fund, the Select Opportunities Fund will eschew investing in open-end mutual funds. Instead, the Fund will focus on building a carefully selected portfolio of individual securities.

The Fund's holdings will consist primarily of the stock of individual companies evaluated on both a quantitative and qualitative basis.
Investments will comprise stock of both domestic and foreign companies representing all levels of capitalization, with an emphasis on value. Other holdings may include government and corporate debt, both domestic and foreign, as well as, emerging market and distressed debt. The Fund's primary benchmark is the S&P 500*
A broad investment mandate, permitting ample latitude to take full advantage of attractive investment opportunities identified in any asset class, regardless of market capitalization or geographic market.
A long-term, low-turnover, tax efficient managed portfolio approach that may be beneficial for the shareholder.
The Fund's low minimum initial investment amount of $5,000 for regular accounts ($2,500 for tax-deferred accounts) provides access to our most focused and versatile investment strategy.

*The S&P 500 is a market capitalization weighted measure of 500 widely held common stocks. Please note, an investor may not invest directly in an index.

The Fund will be subject to several risks associated with foreign securities and foreign markets, including, but not limited to, currency risk, country risks, different trading practices, less government supervision and less publicly available information. The Fund also will be subject to the volatility of the domestic stock market and the risk that the price of a security will rise or fall due to changing economic, political or market conditions.

Investors should carefully consider the investment objectives, risks, changes and expenses of the Rogé Partners Funds ® carefully before investing. Other fees and expenses do apply to continued investment in the funds. The prospectus contains this and other information about the funds and is available by clicking here or by calling 888-800-ROGE. The funds' prospectus should be read carefully before investing. Past performance does not guarantee future performance.