Dividend Growth Advisors, L.L.C.

Dividend Growth Advisors, LLC (DGA) is a SEC-registered investment adviser founded in 2003. DGA offers investment advisory services, where appropriate, to investment companies, individuals, high net worth individuals, pension and profit sharing plans, trusts, estates, charitable organizations, corporations and other business entities.

The annual fee for portfolio management services is charged as a percentage of assets under management, according to the following schedule: first $250,000 – 1.00%, next $750,000 – 0.75%, next $1 million – 0.65%, next $3 million – 0.50%, next $5 million 0.40%, above $10 million – 0.35%.

DGA is a SEC-registered investment adviser. The principal executive officers and other employees may be separately licensed as registered representatives of a FINRA-registered broker-dealer. As such, these individuals, in their separate capacities as registered representatives, will be able to effect securities transactions for clients, for which they will receive separate, yet customary compensation.

Results presented are for illustrative purposes only and are not indicative of future performance. Returns shown represent The Rising Dividend Growth Fund, a mutual fund advised by DGA, with an inception date of March 2004. Past performance is no guarantee of future results. More recent returns may be worth more or less than those shown. Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. All illustrations represent past performance. You may obtain performance data current to the most recent month-end by calling 866-348-4769. Please see additional disclosures in the Rising Dividend Growth Fund Update located in the Portfolio Services section of this website.

The Dividend Growth Investment Strategy used by Dividend Growth Advisors uses common stocks to achieve its investment results. Common stocks are subject to various market, economic and financial risks that can cause the value of stocks in a client’s account to decline significantly at certain times. Investors need to understand how these risks may impact them before investing.

Actual returns may be impacted by material market and economic factors, which may in turn impact an investor’s actual results. Not only market and economic risks, but also political and terrorism risks can be significant and may have a negative impact on a portfolio. Investors should assess their tolerance for all these risks before investing.

Investing in stocks involves risks including the possible loss of principal. Investors should carefully review their investment objectives, risk tolerance and time horizon before investing.

The investment strategy of Dividend Growth Advisors, LLC has not changed materially since the company was founded.

Other than qualified clients of DGA, and to the extent any of the information offered by DGA may be deemed to be investment advice, the investor should understand that such information is impersonal and not tailored to the investment needs of any specific person. All opinions and estimates constitute DGA’s judgment as of the date of the service and are subject to change.

DGA and its related companies, its directors and/or employees may have positions in and may effect transactions in the securities that it recommends to clients. DGA is not a broker-dealer, does not provide tax advice, and only provides investment advice to qualified clients.

Dividend Growth Advisors, LLC, 58 Riverwalk Blvd., Building 2, Suite A, Ridgeland, SC 29936, 866.348.4769, www.dividendgrowthadvisors.com