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Mutual Funds involve risk including possible loss of principal.  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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