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1-877-627-8504

Distributed by Ultimus Fund Distributors, LLC

Before you invest in the Fund, please refer to the prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-877-627-8504. The prospectus should be read carefully before you invest or send money.  All bonds are subject to availability and yields are subject to change.  Market value will fluctuate. Bond values will decline as interest rates rise.  The bond’s income may be subject to certain state and local taxes depending upon your tax status and or the federal alternative minimum tax.

The Channel Short Duration Income Fund was evaluated among 153 Short-Intermediate Investment Grade Debt Fund share classes for the 3-year period ending 11/30/21. The Channel Short Duration Income Fund was evaluated among 138 Short-Intermediate Investment Grade Debt Fund share classes for the 5-year period ending 11/30/22. The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.