OFFICERS & DIRECTORS

Officer

James B. Potkul – President and Portfolio Manager
Mr. Potkul, the President, Chief investment Officer and Principal of Potkul Capital Management L.L.C. (the Adviser), is primarily responsible for the management of the Fund’s investments and has responsibility for the day-to-day management of the Fund.

Directors

Frank J. Figurski
Donald J. McDermott – Chairman of the Board
Theodore J. Moskala
Jeffrey E. Potkul

This site does not constitute an offer to sell or a solicitation to buy shares of the Fund in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under securities laws of such jurisdiction. Shares of the Fund are not available for sale outside the United States. Representatives of the Fund’s Transfer Agent, Potkul Capital Management LLC may only transact business in states in which they have been properly registered or are exempt from registration.

*Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. You may obtain performance data current to the most recent month-end by calling the Fund at 1-888-476-8585 or visiting our website at www.breadandbutterfund.com. Returns include reinvestment of any dividends and capital gain distributions all fee waivers and expense reimbursements. Without the absorption of fee waivers and expense reimbursements, total return figures would have been lower

Non-FDIC insured. May lose value. No bank guarantee. The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the Fund, and it may be obtained by downloading the prospectus or by calling 1-888-476-8585. Please read it carefully before you invest or send money.