Sector Rotation Fund
Prices as of 12/4/2020
  Current NAV Previous NAV Difference
  13.75 13.65 +0.10
Click Here for Dividend History
Returns as of 12/4/2020
  Daily+ Month to Date+ Year to Date+ Inception*
NAV 0.73% 2.00% 9.21% 8.84%
+Not annualized since less than one year.
Average Annual Total Return as of Quarter Ending 9/30/2020
  One Year Five Year Ten Year
NAV 8.04% 9.25% 8.95%
Click Here for Month End Returns
The performance information quoted above represents past performance, which is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Ticker Information
Minimum Investment
Initial $2,500.00
Subsequent $100.00
Portfolio ManagerMark Anthony Grimaldi
Investment AdvisorGrimaldi Portfolio Solutions, Inc.
1207 Route 9, Suite 10
Wappingers Falls, NY 12590
DistributorCapital Investment Group
100 E Six Forks Rd
Suite 200
Raleigh, NC 27609
Inception DateDecember 30, 2009
State Registrations
The fund is available for sale in the following states:AA, AE, AL, AP, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV, WY
Shareholder Fees
Maximum Sales Charge (Load) Imposed On Purchases (as a % of offering price)None
Maximum Deferred Sales Charge (Load) (as a % of the lesser of amount purchased or redeemed)None
Redemption Fees (as a % of amount redeemed)None
Annual Fund Operating Expenses
Management Fees 1.00%
Distribution and/or Service (12b-1) Fees0.25%
Other Expenses0.80%
Acquired Fund Fees and Expenses 1 0.21%
Total Annual Fund Operating Expenses2.26%
Fee Waiver and/or Expense Limitation2 0.03%
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement2.23%
1"Acquired Fund" means any investment company in which the Fund invests or has invested during the previous fiscal year. The "Total Annual Fund Operating Expenses" and "Net Annual Fund Operating Expenses" will not match the Fund’s gross and net expense ratios reported in the Financial Highlights from the Fund’s financial statements, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.
2The Fund’s Investment Advisor, Grimaldi Portfolio Solutions, Inc. (the "Advisor"), has entered into an expense limitation agreement (the "Expense Limitation Agreement") with the Fund under which it has agreed to waive or reduce its management fees and assume other expenses of the Fund in an amount that limits the Fund’s Total Annual Fund Operating Expenses (exclusive of (i) any front-end or contingent deferred loads; (ii) brokerage fees and commissions, (iii) acquired fund fees and expenses; (iv) fees and expenses associated with investments in other collective investment vehicles or derivative instruments (including, for example, option and swap fees and expenses); (v) borrowing costs (such as interest and dividend expense on securities sold short); (vi) taxes; and (vii) extraordinary expenses, such as litigation expenses (which may include indemnification of Fund officers and Trustees and contractual indemnification of Fund service providers (other than the Advisor)) to not more than 2.14% of the average daily net assets of the Fund. This contractual arrangement is in effect through January 31, 2021, unless earlier terminated by the Board of Trustees of the Fund (the "Board" or the "Trustees") for any reason at any time. The Advisor cannot recoup from the Fund any amounts paid by the Advisor under the expense limitation agreement.
Principal Risks of Investing in the Fund
An investment in the Fund 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 Fund will be successful in meeting its investment objective. Generally, the Fund will be subject to the following additional risks: Cybersecurity Risk, Foreign Securities Risk, Investments in ETFs, Leveraged or Inverse ETFs, Manager Risk, Market Risk, Portfolio Turnover Risk, Sector Focus Risk, and Small-Cap and Mid-Cap Securities Risk. More information about these risks and other risks can be found in the Fund’s prospectus.
An investor should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available at the link below or by calling Shareholder Services at 1-800-773-3863. The prospectus should be read carefully before investing.
Download Information
Summary Prospectus
Privacy Policy
Annual Report
Semi-Annual Report
IRA Information
IRA Application
SEP IRA Instructions
SEP IRA Application
Cost Basis FAQ
Cost Basis Election Form
Portfolio Holdings
Portfolio Holdings as of 10/31/2020 Click to View

Click on any of the above links to view the document. For best results right-click the link and choose "Save as" to save the PDF file to your local disk drive. All documents are in Adobe Acrobat (.pdf) format.

The Fund may not be available for sale in all states. The information presented on this page is not an offer to sell or a solicitation of an offer to purchase the Fund.

Distributor: Capital Investment Group, Inc., Member FINRA/SIPC, 100 E Six Forks Road, Suite 200, Raleigh, NC 27609, (800) 773-3863.

There is no affiliation between Grimaldi Portfolio Solutions, Inc., including its principals, and Capital Investment Group, Inc.

Disclosure of Portfolio Holdings. The Fund will seek to make portfolio holdings information available at the following website,, following the end of each calendar month. To reach this information, click on "Fund Search" from the menu options offered near the top of the page. Then search for the Fund using key words such as "Sector Rotation." On the following page, select the link for the Sector Rotation Fund. Under the section of the next page entitled "Portfolio Holdings," there will be a link to the list of the Fund’s complete portfolio holdings entitled "Click To View." This information is generally posted to the website within ten days of the end of each calendar month and remains available until new information for the next calendar month is posted. Additional descriptions of the Fund’s policies and procedures with respect to the disclosure of the Fund’s portfolio securities are available in the Statement of Additional Information.