PFG Balanced Strategy Fund Class R (PFDBX)

The fund seeks to achieve its investment objective by investing primarily in shares of mutual funds and exchange-traded funds ("underlying funds"), with each underlying fund investing primarily in U.S. equity and/or fixed-income securities, to obtain exposure to the U.S. broad equity and fixed income markets. The fund invests 50-70% of the fund's assets in underlying funds that invest in domestic equity securities, without regard to market capitalization, with a minimum investment of 25% of fund assets in domestic equity securities.