Management

Investment Adviser. Winning Points Advisors, LLC, a Florida limited liability company, serves as the investment adviser to the Fund. The Advisor’s principal office is located at 127 NW 13th Street, Suite 13, Boca Raton, Florida 33432. The Advisor is a registered investment adviser which offers investment advisory services to individuals including high net worth individuals and investment companies. As of December 31, 2024, the Advisor managed approximately $165 million in client assets on a discretionary basis.

The Advisor has entered into Investment Advisory Agreement (the “Advisory Agreement”) with the Fund, under which the Advisor selects the securities and manages the investments for the Fund, subject to the oversight of the Fund’s Board of Trustees (the “Board”). Under the Advisory Agreement, the Fund pays the Advisor a monthly fee based on an annualized rate of 1.35% of the average daily net asset value of the Fund.

For the fiscal year ended November 30, 2024, the Advisor received an aggregate fee of 1.35%, for investment advisory services performance, expressed as a percentage of average net assets of the Fund. A discussion regarding the basis for the Board’s approval of the Advisory Agreement of the Fund, is available in the Fund’s semi-annual shareholder report for the six-month period ended May 31, 2024.

In addition to the advisory fees described above, the Advisor may also receive certain benefits from its management of the Fund in the form of brokerage or research services received from brokers under arrangements under Section 28(e) of the Securities Exchange Act of 1934 Act, as amended, and the terms of the Advisory Agreement. For a description of these potential benefits, see the description under “Portfolio Transactions And Brokerage Allocation - Brokerage Selection” in the SAI.

Portfolio Managers.

Mr. Charles Stoll, CFP, has served as the managing member of the Advisor since 1989. Mr. Stoll obtained a Bachelor’s degree in Business Administration in accounting in 1977 from Stetson University. Mr. Stoll is certified by the CFP Board as a Certified Financial Planner and by the AICPA as a Personal Financial Specialist.

The SAI provides additional information about the compensation of Mr. Stoll, other accounts managed and his ownership of securities in the Fund.