EuroPac International Value Fund 

Under typical operating conditions, this fund commits a minimum of 80% of its net assets (including any capital obtained through borrowing) to equity investments in businesses located within Europe or the Pacific Rim. The fund's management team defines European countries as those listed within any MSCI European index. Conversely, a nation is classified as part of the Pacific Rim if any of its geographical boundaries are adjacent to the Pacific Ocean. The portfolio will encompass companies across the entire market capitalization spectrum—large-, mid-, and small-sized firms. A key selection criterion is that the fund's advisor identifies these companies as fundamentally value-driven and consistent distributors of dividends.