THE NEWSROOM

April 17, 2013

A Note from Fund Manager, Walter Todd, regarding the recent events in Boston

April 1, 2013

Greenwood Capital Associates Wins Top MarCom Award for The Crescent Funds Website

Greenwood Capital Associates (GCA) won the Platinum Award in the 2012 MarCom Awards for The Crescent Funds website, a family of mutual funds they manage.

May 21, 2012

Debating the Europe Debt Crisis, Strategy

Walter Todd, Fund Manager for The Crescent Funds, participates in a debate on the outlook for the euro zone and investor sentiment on Bloomberg Television's "Street Smart."

OUR FAMILY OF FUNDS

STRATEGIC INCOME

Created for investors seeking current income with an emphasis on preservation of capital.

LARGE CAP

Ideal for investors seeking capital appreciation balanced with dividend income. Emphasis is placed on safety of principal through investment in larger, more mature companies.

MID CAP

Places a primary emphasis on capital appreciation achieved through investment in more growth-oriented entities for investors desiring a more aggressive approach.

VIEW: PROSPECTUS | APPLICATION | INVESTOR PACKET

INFORMATION FOR YOU

An investor should consider the investment objectives, risks, and charges and expenses of the Funds carefully before investing. The prospectus contains this and other information about the Funds. A copy of the prospectus is available at www.ncfunds.com or by calling Shareholder Services at 1-800-773-3863. The prospectus should be read carefully before investing.

An investment in the Funds is subject to investment risks, including the possible loss of some or all of the principal amount invested. There can be no assurance that the Funds will be successful in meeting investment objectives. Generally, the Funds will be subject to the following additional risks: corporate debt securities risk, investment advisor risk, investment strategy risk, inflation risk, interest rate and credit risk, investment-grade securities risk, lower-rated securities risk, growth securities risk, large-cap company risk, management style risk, market risk, maturity risk, municipal securities risk, new fund risk, risks related to investing in other investment companies and sector risk. More information about these risks and other risks can be found in the Funds’ prospectus.

Distributor: Capital Investment Group, Inc., Member FINRA/SIPC, 17 Glenwood Ave, Raleigh, NC 27603, (800) 773-3863.

There is no affiliation between Greenwood Capital Associates, LLC, including its principals, and Capital Investment Group, Inc.