TFNS

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities of financial companies. The fund defines financial companies as companies in banking, insurance, consumer finance, capital markets, government-sponsored financial enterprises, securities exchanges, REITS, transaction and payment processing, mortgage finance, investment management, and/or financial services. The fund references the MSCI GICS (Global Industry Classification Standard) Financials sector to identify such companies. The fund uses fundamental, bottom-up analysis and may invest in companies of any market capitalization. The adviser may use both growth and value approaches in selecting investments for the fund.