FPA Queens Road Value (QRVLX)

Min Initial Investment

100,000

Min Initial Investment, IRA

--

Min Initial Investment, AIP

25

Min Subsequent Investment

2,500

Min Subsequent Investment, IRA

--

Min Subsequent Investment, AIP

1

• Cetera Advisors LLC
• Cetera Advisor Networks LLC
• American Trust Custody
• Schwab Institutional
• Vanguard
• (Junk)CommonWealth PPS
• LPL SAM Eligible
• Fidelity Retail FundsNetwork
• Fidelity Retail FundsNetwork-NTF
• Fidelity Institutional FundsNetwork
• Fidelity Institutional FundsNetwork-NTF
• Cetera Advisors LLC- PAM, PRIME, Premier
• Cetera Advisor Networks LLC- PAM, PRIME, Premier
• CommonWealth NTF
• Vanguard NTF
• Raymond James
• Raymond James WRAP Eligible
• Commonwealth Universe
• DailyAccess Corporation FRIAG
• Ameritas NTFN
• Scottrade TF
• TD Ameritrade Retail
• TD Ameritrade Institutional
• Mid Atlantic Capital Group
• TD Ameritrade Retail NTF
• TD Ameritrade Institutional NTF
• ADP Access Open Fund Architecture
• Investacorp NTF
• Vanguard TF
• DailyAccess Corporation Matrix
• LPL SWM
• Schwab Advisor Services All Funds Available
• Pershing Retirement Plan Network
• Kestra Financial
• Commonwealth (PPS Access Program)
• Commonwealth (NTF - PPS/Advisory)
• Commonwealth (PPS/Advisory)
• ADP Advisor Access Tier 2
• LPL Brokerage Availability
• Allowab (non-advisory)
• Mid Atlantic Clearing and Settlement
• Schwab Advisor Services Transaction-Fee Funds

The fund seeks to achieve its investment objective by investing primarily in the equity securities (common stocks, preferred stocks and convertible securities) of U.S. companies. Under normal circumstances, the fund will invest at least 80% of its net assets (for the purpose of this requirement, net assets include net assets plus any borrowings for investment purposes) in equity securities of value companies.