History

AFAM Capital Inc., formerly Al Frank Asset Mangement, was founded in 1977. To review major milestones and memorable investment commentary since, scroll through the timeline below.

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Investors should carefully consider the investment objectives, risks, charges and expenses of the Al Frank Mutual Funds. This and other important information about the Fund is contained in the prospectus, which can be obtained at www.alfrankfunds.com or by calling 888.263.6443. The prospectus should be read carefully before investing. The Al Frank Funds are distributed by Northern Lights Distributors, LLC, member FINRA.

Al Frank Asset Management is not affiliated with Northern Lights Distributors, LLC.

712-NLD-3/20/2013

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