OPTI-flex^® Fund

Investment Objective

The Catalyst OPTI-flex^® Fund seeks to provide a return above the S&P 500 Index average total return over the long term while exhibiting less investment risk than a portfolio consisting only of common stocks. As with any mutual fund, there is no guarantee that the Fund will achieve its goal.

Principal Strategies

The OPTI-flex^® Fund pursues its investment goal through asset allocation among four different markets and through the selection of specific investments within a given market. At least 65% of the OPTI-flex Fund’s assets will be invested in open-end mutual funds.

The OPTI-flex^® Fund allocates its assets primarily through mutual funds among the following four markets:

• long and short equity positions in domestic and foreign stocks of any capitalization;
• domestic and foreign bonds of any credit quality and duration;
• money market instruments; and
• gold and other precious metals and minerals.

The portfolio manager may vary the percentage of the Fund’s assets allocated to each of these markets based upon the mix of these markets that the portfolio manager believes will most likely achieve the Fund’s investment goal. In addition, the portfolio manager may explore opportunities in various asset subclasses. There are no limits on the amount of the Fund’s assets, if any, which may be invested in each of these markets, except the Fund will not invest 25% or more of its total assets in gold and other precious metals and minerals.

Investing in the Fund carries certain risks. The value of the Fund may decrease in response to the activities and financial prospects of an individual security in the Fund’s portfolio. The Fund may be subject to substantial short-term changes. Since the Fund invests primarily in other mutual funds, you will incur the indirect expenses and tax liabilities of the underlying funds. These factors may affect the value of your investment.

Past performance does not guarantee future results. An investor’s shares when redeemed may be worth more or less than their original cost. The fund’s current performance may be lower or higher than the performance data quoted. Please consider the investment objectives, risk, charges and expenses of the investment company carefully before investing. Please read the prospectus carefully before you invest or send money. A prospectus with this and other important information about the Fund may be obtained by clicking on the link below or calling shareholder services at 866.447.4228. Matrix Capital Group, Inc. distributes the Catalyst Funds.