Overview Portfolio Strategy / Process Performance Team Fees investment strategy / process The Allegiant Large Cap Value Fund seeks capital appreciation by investing in common stocks of publicly traded U.S. companies with market caps matching the benchmark^. Investment is in stocks possessing what the Fund's managers perceive to be the optimal combination of attractive valuation and improving dynamics with the belief that these offer the highest probability of future out performance. Focusing on the most highly ranked stocks, the Fund’s multi-dimensional fundamental analysis seeks to identify stocks trading at a minimum 25% discount to intrinsic value as defined by the most appropriate of the following: tangible net worth per share, discounted cash flow per share or strategic private market value per share. To assess the present value of future positive change, the Fund’s managers seek to identify stocks that possess material positive change agents that increase the probability of future out performance. ^The market cap range of the benchmark frequently changes.  As a result, the capitalization of companies in which the Fund invests may also change. Prioritized Research   Attractive Valuation   Improving Dynamics  Focus on highly ranked stocks based on: Valuation Capital use Quality Sentiment   Conduct fundamental analysis to determine stocks trading at a minimum of 25% discount to underlying intrinsic value per share: Tangible net equity Discounted cash flow Strategic private market value   Assess the present value of future positive change: Key management changes Potential spin-off of assets Major restructurings Cost-cutting programs Potential mergers *Sector weightings and top ten holdings are subject to change, for illustrative purposes only and are not a permanent reflection of the fund.

Asset Allocation (%) EQUITY 99.06 CASH EQUIVALENTS & OTHER 0.89 Asset Allocation weightings may not total 100% Sector Weightings (%)* Energy 20.30 Financials 18.18 Consumer Staples 11.07 Healthcare 11.06 Information Technology 9.93 Consumer Discretionary 6.16 Telecommunications 5.89 Industrials 5.88 Materials 5.72 Utilities 4.16 Cash & Cash Equivalents 1.65 Portfolio Management D. Andrew Shipman, CFA Portfolio Manager, Large Cap Value Edward A. Johnson, CFA Portfolio Manager, Large Cap Value Downloads Fund Factsheet  Product Brochure Prospectus

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NOT FDIC INSURED  |  NO BANK GUARANTEE  |  MAY LOSE VALUE

You should consider the investment objectives, risks, charges and expenses of the Allegiant Funds carefully before investing. A prospectus may be downloaded and viewed with this and other information about the Funds or may be obtained by contacting an investment professional or by calling 1-800-622-FUND (3863). Please read it carefully before you invest or send money.

Allegiant Asset Management Company serves as investment adviser to Allegiant Funds for which it receives an investment advisory fee. Shares of Allegiant Funds are distributed by Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia, PA 19406. PFD is not affiliated with Allegiant Asset Management Company and is not a bank. Allegiant is a registered trademark of The PNC Financial Services Group, Inc.

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