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Important Risk Information

This material represents the current views and opinions of AlphaCore Capital, and there is no guarantee that any forecasts made will come to pass. Due to various risks and uncertainties, actual events, results or performance may differ materially from those reflected or contemplated in any forward-looking statements. The opinions are based on market conditions as of the date of publication, and are subject to change. No obligation is undertaken to update any information, data or material contained herein.

The fund has a limited history of operations. Although the Fund’s investment strategy is to provide attractive risk-adjusted returns independent of overall market direction, there is no guarantee that the Fund ‘s performance will be independent of overall market direction in all market conditions. A significant part of the Fund’s investment operations may involve spread positions between two or more financial instrument positions. To the extent the price relationships between such positions remain constant, no gain or loss on the positions will occur. The Fund’s use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. The value of a derivative may be highly volatile and may fluctuate substantially during a short period of time. The Fund may depend on one or more managers to develop and implement appropriate systems for the Fund’s activities. The Fund may rely extensively on models and/or computer programs and systems to trade, clear and settle transactions, to evaluate certain securities based on real-time trading information, to monitor its portfolios and net capital, and to generate risk management and other reports that are critical to the oversight of the Fund’s activities. Any such defect or failure could have a material adverse effect on the Fund. The Fund’s investment program may involve the purchase and sale of relatively volatile financial instruments such as derivatives, which are frequently valued based on implied volatilities of such derivatives compared to the historical volatility of underlying financial instruments. Fluctuations or prolonged changes in the volatility of such instruments, therefore, can adversely affect the value of investments held by the Fund.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Core Market Neutral Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at alphacorefunds.com or by calling 858-875-4100. The prospectus should be read carefully before investing. The Core Market Neutral Fund is distributed by Northern Lights Distributors, LLC member FINRA/SIPC. There is not affiliation between Campbell & Company, AlphaCore Capital and Northern Lights Distributors, LLC. 4320-NLD-2/22/2019