Sabrient Defensive Equity, 3

Trust Performance (as of 6/30/2016)

*Inception Date is 3/30/2015

Cumulative Total Return

Average Annual Total Return

YTD

Since
Inception^*

3 mo

6 mo

1 yr

3 yr

5 yr

10 yr

Since
Inception^*

Distributions Reinvested

With Transactional Sales Charge	-4.68%	-14.48%	-1.09%	-5.24%	-13.94%	N/A	N/A	N/A	-11.72%
Without Transactional Sales Charge	-2.28%	-12.34%	-1.09%	-2.86%	-11.78%	N/A	N/A	N/A	-9.96%

Distributions Received in Cash

With Transactional Sales Charge	-4.67%	-14.44%	-1.09%	-5.23%	-13.92%	N/A	N/A	N/A	-11.69%
Without Transactional Sales Charge	-2.27%	-12.30%	-1.09%	-2.85%	-11.76%	N/A	N/A	N/A	-9.93%

S&P 500 (SPX)

3.84%

3.37%

2.25%

2.86%

3.99%

N/A

2.67%

Performance Calculator

From Date:

To Date:

Cumulative
Total Return

Average Annual
Total Return

With Transactional Sales Charge (Distributions Reinvested)	-14.48%	-11.72%
Without Transactional Sales Charge (Distributions Reinvested)	-12.34%	-9.96%
With Transactional Sales Charge (Distributions Received in Cash)	-14.44%	-11.69%
Without Transactional Sales Charge (Distributions Received in Cash)	-12.30%	-9.93%
S&P 500 (SPX)	3.37%	2.67%

Sales Charges (based on a $10 public offering price)

Standard Accounts
Transactional Sales Charges:	Initial:	1.00%
	Deferred:	1.45%
Creation & Development Fee:		0.50%
Maximum Sales Charge:		2.95%

Fee/Wrap Accounts
Creation & Development Fee:	0.50%
Maximum Sales Charge:	0.50%

The table above shows the initial offering period sales charge. Certain performance periods shown on this page may begin after the end of the initial offering period and reflect a secondary market sales charge. Please see the prospectus for sales charge details, including the secondary market sales charge amount applicable to a period.

Past Performance is no indication of future results. Investment returns and principal value will fluctuate and units when sold or redeemed, may be worth more or less than their original cost. All returns are historical and do not represent potential future performance. This report is not and should not be construed as an offer to buy or sell securities.

Unless an index is indicated to be a price only index, all index returns assume that dividends are reinvested when they are received.

Returns With Transactional Sales Charge reflect the maximum transactional sales charge that would be payable by an investor upon sale or redemption of units at the end of the applicable period(s). The transactional sales charge includes any initial or deferred sales charges other than the creation and development fee. These returns do not reflect any creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee is reflected in the returns as of the time of payment by a trust.

Returns Without Transactional Sales Charge do not reflect any transactional sales charge and do not reflect any creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee is reflected in the returns as of the time of payment by a trust.

If applicable, returns shown with distributions reinvested assume distributions are reinvested on the reinvestment date.

Risk Considerations

Equity Risk. An investment in a portfolio containing common stocks is subject to certain risks, such as an economic recession and the possible deterioration of either the financial condition of the issuers of the equity securities or the general condition of the stock market.

Business Development Company Risk. Certain of the securities in the portfolio are issued by closed-end investment companies which have been elected to be treated as Business Development Companies (BDC). An investment in BDCs is subject to various risks, including management's ability to meet the BDC's investment objective, and to manage the BDC's portfolio during periods of market turmoil. BDCs may trade in the market at a discount to their net asset value. BDCs may employ the use of leverage which subjects the BDC to increased risks.

Emerging Markets Risk. Risks associated with investing in non-U.S. securities may be more pronounced in emerging and developing markets where the securities markets are substantially smaller, less developed, less liquid, less regulated, and more volatile than the U.S. and developed non-U.S. markets.

Foreign Securities Risk. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.

REITs Risk. An investment in a portfolio containing REIT securities is subject to additional risks including limited diversification. Companies involved in the real estate industry are subject to changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession.

Small-Cap and Mid-Cap Risk. An investment in a portfolio containing small-cap and mid-cap companies is subject to additional risks, as the share prices of small-cap companies and certain mid-cap companies are often more volatile than those of larger companies due to several factors, including limited trading volumes, products, financial resources, management inexperience and less publicly available information.

Volatility Risk. The value of the securities held by the trust may be subject to steep declines or increased volatility due to changes in performance or perception of the issuers.

Additional Risk. For a discussion of additional risks of investing in the trust see the "Risk Factors" section of the prospectus.

Important Note. It is important to note that an investment can be made in the underlying funds directly rather than through the trust. These direct investments can be made without paying the trust's sales charge, operating expenses and organizational costs.

This product information does not constitute an offer to sell, or a solicitation of an offer to buy securities in any state to any person to whom it is not lawful to make such an offer. Sales of any of these securities must include prospectus delivery and the services of a retail broker/dealer duly licensed in the appropriate states.

Not FDIC Insured, Not Bank Guaranteed and May Lose Value.

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