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SBAuer, LLC, advisor to the Auer Growth Fund (AUERX)

While managing their personal investment assets over the past 20 years, the Auer Growth Fund portfolio managers have scoured every quarterly earnings report from approximately 9,000 companies trading in U.S. exchanges. They searched daily for companies showing uncommon growth and trading at very low P/E ratios for their individually managed accounts.

Today, they apply the same process in selecting stocks for the Auer Growth Fund.

How to Invest

To open a new account, call 888-711-AUER (2837) or download an application here.

Mail the application and check to:

Auer Growth Fund
c/o Ultimus Fund Solutions, LLC
P.O. Box 46707
Cincinnati, OH 45246-0707

Auer Growth Fund
c/o Ultimus Fund Solutions, LLC
P.O. Box 46707
Cincinnati, OH 45246-0707

BY WIRE or BY DEPOSITING SECURITIES: Call 888-711-AUER (2837) for instructions.

The Auer Growth Fund is also available through Charles Schwab, TD Ameritrade, Fidelity, E-Trade and Scotttrade as well as hundreds of other platforms. Please contact your financial advisor.

*Small-cap and mid-cap investing involves greater risk not associated with investing in more established companies, such as greater price volatility, business risk, less liquidity and increased competitive threat.

Investments in real estate investment trusts (“REITs”) and real-estate related securities involve special risks associated with an investment in real estate, such as limited liquidity and interest rate risks and may be more volatile than other securities. In addition, the value of REITs and other real estate-related investments is sensitive to changes in real estate values, extended vacancies of properties and other environmental and economic factors.

Investments in international markets present special risks including currency fluctuation, the potential for diplomatic and political instability, regulatory and liquidity risks, foreign taxation and differences in auditing and other financial standards. Risks of foreign investing are generally intensified for investments in emerging markets.



You should carefully consider the investment objectives, potential risks, management fees, and charges and expenses
of the Fund before investing. The Fund's prospectus contains this and other information about the Fund, and should be
read carefully before investing. You may obtain a current copy of the Fund's prospectus by calling 1-888-711-2837 or
download a prospectus here.