QCI Balanced Fund Institutional Class

QCI Balanced Fund Institutional Class

Prices as of 9/20/2022
	Current NAV	Previous NAV	Difference
	7.44	7.45	-0.01

Click Here for 12 Month Dividend History

Average Annual Total Return as of Quarter Ending 6/30/2022
	One Year	Three Year	Five Year	Inception^*
NAV	-9.60%	4.09%	5.96%	5.52%

^* The Fund inception was 1/30/2014.

Click Here for Most Recent 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
NASDAQ TICKER	QCIBX
CUSIP NUMBER	85520V293
Minimum Investment
Initial	$25,000.00
Subsequent	$250.00
Management
Portfolio Managers	H. Edward Shill, CFA Gerald Furciniti, CFA
Investment Advisor	NorthCrest Asset Management, LLC 505 N. Hwy. 169, Suite 900 Plymouth, MN 55441
Distributor	Capital Investment Group 100 E Six Forks Rd Suite 200 Raleigh, NC 27609
Inception Date	January 30, 2014
State Registrations
The fund is available for sale in the following states:	AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
Shareholder Fees
Maximum Sales Charge (Load) Imposed On Purchases (as a % of offering price)	None
Redemption Fee	None
Exchange fee	None
Annual Fund Operating Expenses
Management Fees	0.72%
Distribution and/or Service (12b-1) Fees	0.00%
Other Expenses	0.39%
Acquired Fund Fees and Expenses¹	0.01%
Total Annual Fund Operating Expenses	1.12%
Fee Waiver and/or Expense Limitation^1,²	0.14%
Net Annual Fund Operating Expenses	0.98%
¹ "Acquired Fund" means any investment company in which the Fund invests or has invested during the period. The "Total Annual Fund Operating Expenses" and "Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement" 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. ² The Fund’s investment advisor, NorthCrest Asset Management, LLC (the "Advisor") has entered into an expense limitation agreement with the Fund (the "Expense Limitation Agreement") 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 0.97% of the average daily net assets of the Fund. This contractual arrangement is in effect through January 31, 2023, unless terminated by the Board of Trustees of the Fund (the "Board" or the "Trustees") at any time. The Advisor cannot recoup from the Fund any amounts paid to the Advisor under the expense limitation agreement.
Principal Risks of Investing in the Fund
An investor should consider the investment objectives, risks, 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 800-773-3863. The prospectus should be read carefully before investing. Current and future holdings are subject to change and risk. 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: General Market Risk, Common Stocks, Large-Cap Securities Risk, Investment Advisor Risk, Small-Cap and Mid-Cap Securities Risk, Fixed Income Risk, Interest Rate Risk, Sector Risk, COVID-19 Risk, Cybersecurity Risk, Derivative Risk, Junk Bonds Risk, Options Risk, Preferred Stock Risk, and Risk Related to Investing in Other Investment Companies. More information about these risks and other risks can be found in the Fund’s prospectus.

The QCI Balanced Fund is distributed by 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 NorthCrest Asset Management, LLC, including its principals, and Capital Investment Group, Inc. RCQCI0422001
Download Information
Summary Prospectus
Prospectus
SAI
Supplement
Privacy Policy
Annual Report
Semi-Annual Report
Application
IRA Information
IRA Application
SEP IRA Instructions
SEP IRA Application
Cost Basis FAQ
Cost Basis Election Form
Portfolio Holdings
Portfolio Holdings as of 8/31/2022 Click to View
Portfolio Holdings as of 12/31/2021, 1st Quarter of the most recent fiscal year Click to View
Portfolio Holdings as of 06/30/2022, 3rd Quarter of the most recent fiscal year 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.