

Quaker Capital Opportunities Fund seeks to build shareholder wealth through the achievement of capital growth. The Fund is managed by ICC Capital Management, Inc. ICC employs a multi-strategy investment process to provide growth oriented equity investment management strategies to individual and institutional investors.
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Quaker Mid-Cap Value Fund seeks long-term growth of capital. The Fund is constructed to give dependable exposure to the stocks of mid-sized companies exhibiting traditional value characteristics.
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Quaker Small-Cap Value Fund seeks long-term growth of capital. The Fund is designed to give disciplined exposure to small capitalization stocks (with a mean capitalization between the Russell 2000 and Russell 2500) and traditional value characteristics such as low price earnings and price to book ratios.
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Mutual fund investing involves risk including the possible loss of principal.
Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The Statutory and, where available, The Summary Prospectuses contain this and other important information and are available by downloading a prospectus or calling 1-800-220-8888. Read carefully before investing.