All stocks in The Collar FundTM portfolio are normally hedged. As a result, investors in this Fund should have less risk exposure than with most other equity mutual funds.
The Fund's primary goal is to provide investors with a lower risk alternative for investing in the stock market.
______________________________________________________________________ Mutual Funds involve risk including possible loss of principal. The Fund may invest in small, less well-known companies, which may be subject to more erratic market movements than large-cap stocks; foreign securities, which are subject to currency fluctuations and political uncertainty; and derivative securities, which may carry market, credit, and liquidity risks. These risks may result in greater share price volatility. Investors should carefully consider the investment objectives, risks, charges and expenses of The Collar Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 1-888-5-COLLAR (1-888-526-5527). The prospectus should be read carefully before investing. The Collar Fund is distributed by Northern Lights Distributors, LLC member FINRA. 0690-NLD-5/29/2009
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