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Canterbury offers a mutual fund that follows the same proprietary Portfolio Thermostat investment process we’ve developed, tested, and refined since 2003 for our separately managed accounts for individuals and RIAs.

Compass Pointing North
Based Strategy

The Portfolio Thermostat is a comprehensive, evidence- and rules-based system. We believe validity can only exist alongside testable results, for only strategies with complete software systems that determine specific actions and make measurable claims have meaningful value.

The Thermostat strategy is built upon the basic premise that the markets are ever-changing. Market environments shift from bull to bear and back again, and volatility shifts with them. We believe to effectively manage risk, an investment strategy needs to adjust to managing the variable level of risk exposure in concert with the markets.

Financial Graphs
Dynamic and Responsive Process
Business meeting
Reality-driven rather than noise-driven approach

Our process utilizes technical analysis to react to what is happening in the markets, as opposed to predictions of what will happen. We believe long-term growth depends upon making meaningful short-term decisions. The Thermostat’s design is focused on distinguishing between what is meaningful and what is not in an effort to most advantageously position the Fund for long-term growth.



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If you have questions about the Portfolio Thermostat Fund, please call us at 317-732-2075

Given the significant differences between separately managed accounts and mutual funds, investors should consider the differences in expenses, tax implications and the overall objectives between separately managed accounts and mutual funds before investing. Past performance of the strategy/separately managed account is not indicative of future performance of the fund.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Canterbury Portfolio Thermostat Funds. The Fund’s prospectus contains this and other information about the Fund, and should be read carefully before investing. You may obtain a current copy of the Fund’s prospectus by downloading a prospectus or by calling Shareholder Services at 844.838.2121.  

Past performance is no guarantee of future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. The Canterbury Portfolio Thermostat Fund is distributed by Ultimus Fund Distributors, LLC. Investing involves risk, including loss of principal. There is no guarantee that this, or any, investment strategy will succeed. The Fund invests in exchange traded funds (ETF's). An investment in an ETF generally presents the same primary risks as an investment in a conventional fund (i.e. one that is not exchange traded) that has the same investment objectives, strategies, and policies. The price of an ETF can fluctuate up or down, and the Fund could lose money investing in an ETF if the prices of the securities owned by the ETF go down. The underlying ETF's have management and other expenses, and the Fund will bear its pro rata portion of these expenses. The Fund may invest in a small number of ETFs, which may result in increased volatility. Compounding will cause longer term results to vary from the return of the index, particularly during periods of higher index volatility.  

The risks of the Fund will directly correspond to the risks of the Underlying ETFs in which it invests. These risks include currency risk, for securities denominated in foreign currencies, and commodities risk, which may subject an Underlying ETF to greater volatility, particularly if the investment involves leverage. The Fund may also be subject to emerging markets risk. In addition to the risks of foreign investing generally, investments in emerging markets countries have additional and heightened risks due to less stable legal, political, and business frameworks to support securities markets. Investments in emerging market countries are subject to greater price volatility and illiquidity than investments in developed foreign markets. Fixed income investments are affected by a number of risks, including fluctuations in interest rates, credit risk, and prepayment risk. In general, as prevailing interest rates rise, fixed income securities prices will fall. Investments in real estate-related securities involve special risks associated with an investment in real estate, such as limited liquidity and interest rate risks and may be more volatile than other securities.
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