While each fund has specific objectives, they all share a single goal— to maximize their individual position on the efficient frontier.

API Master Allocation Fund

The Master Allocation Fund is an "ultra-diversified" fund that can invest across all industries, sectors and markets.

The fund seeks to reduce volatility and enhance returns by combining an unprecedented degree of diversification with API's disciplined, fact-grounded process that evaluates companies using a long-term business-owner mindset. Fund investments can include all market capitalizations and asset classes, as well as growth, value and capital-income segments in more than 30 countries around the world.

The fund is generally appropriate for investors seeking long-term wealth appreciation using a highly diversified institutional-style investment management approach.

MASTER ALLOCATION FUND
FACT SHEET
API Master Allocation Fund
"This Fund spans all style boxes. Stock selection is based on a company's ability to deliver value to shareholders. The diversification and flexibility of the Fund allow us to pursue the most compelling opportunities worldwide while adhering to our clear, repeatable and fact driven process."
David D. Basten
President/CIO

Asset allocation and diversification do not ensure a profit or guarantee against loss.

Mid-cap, Small- Cap and Micro-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.

A Fund's direct or indirect investments in foreign securities, including depositary receipts, involve risks not associated with investing in U.S. securities that can adversely affect the Fund's performance. Foreign markets, particularly emerging markets, may be less liquid, more volatile and subject to less government supervision than domestic markets.

Photo: View Above The Blue Ridge Parkway

Photo: Mabry Mill, Meadows of Dan, VA

Photo: Shenandoah National Park

Photo: Montpelier, Orange, VA

Photo: The Natural Bridge of Virginia

Photo: Appomattox Court House National Park

Photo: Shenandoah National Park

Photo: Shenandoah National Park

API Funds and Portfolios 2303 Yorktown Avenue Lynchburg, VA 24501 434.846.1361 800.544.6060 (toll free)
API Shareholder Services: 888.933.8274

Distributed by Unified Financial Securities, LLC. (Member FINRA)

Check the background of Unified Financial Securities, LLC on FINRA's BrokerCheck.

You should carefully consider the investment objectives, potential risks, management fees, charges and expenses of the Fund before investing. The Fund's prospectus contains this information 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 800-544-6060. Past performance is no guarantee of future results. The investment return and principal amount value of an investment in the Fund will fluctuate so that an investor's shares when redeemed, may be worth more or less than their
original cost.

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