PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THERE IS RISK OF LOSS. YOU CAN LOSE MONEY IN A MANAGED FUTURES PROGRAM.

*The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. Morningstar Rating is for the I-Share class only; other classes may have different performance characteristics.
©2018 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Funds are in the relevant Prospectuses which can be obtained by calling 1.877.837.0600 The prospectus should be read carefully before investing.

Gemini Fund Services, LLC manages all accounting, administration, and compliance matters for the Equinox Aspect Core Diversified Strategy Fund, Equinox BH-DG Strategy Fund, Equinox Chesapeake Strategy Fund, Equinox EquityHedge US Strategy Fund, and the Equinox MutualHedge Futures Strategy Fund. U.S. Bancorp Fund Services, LLC manages all accounting, administration, and compliance matter for the Equinox Campbell Strategy Fund and the Equinox IPM Systematic Macro Fund. The mutual funds are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC.

Equinox Group Distributors, LLC and Equinox Institutional Asset Management, LP are not affiliated with Gemini Fund Services, LLC, Northern Lights Distributors, LLC, or U.S. Bancorp Fund Services, LLC.