Portfolio Manager since the Fund’s inception in 1998; President and Chief Investment Officer of Todd-Veredus. He is responsible for the day-today management of the Fund. Mr. Weber was President and Senior Portfolio Manager of SMC Capital, Inc. from 1993-1998. He has over 25 years of investment management experience. He received a BA from Centre College of Kentucky.

Portfolio Manager of the Fund since January 2009; Mr. Mercer is Executive Vice President and founding partner of Todd-Veredus. Mr. Mercer was the Director of Research from 1998 to 2003. Prior experience includes research analyst at SMC Capital, Inc. and a trader at Suntrust Bank from 1996 to 1998. Mr. Mercer has a BA from Vanderbilt University.

Portfolio Manager of the Fund and Vice President of Todd-Veredus since January 2009. Mr. Johnson joined Todd-Veredus in March of 2000 as a research analyst. From August 2003 through December 2008, he was the Director of Research. Previously he was a portfolio manager at Stock Yards Bank and Trust from 1997 to 2000. Additionally, Mr. Johnson has prior experience at Charles Schwab. He received a BS in Finance from Ball State University.