PORTFOLIO MANAGEMENT TEAM

Aaron Izenstark - Co-Founder,<br> Chief Investment Officer

Aaron Izenstark

Co-Founder,
Chief Investment Officer

Aaron Izenstark is a Co-Founder and the Chief Investment Officer of IRON Financial. He leads IRON’s investment management, research, and trading capabilities, and oversees and manages IRON’s current client assets.

Since IRON’s founding in 1994, Aaron’s focus has remained on designing specialized fixed income and equity strategies that seek to reduce portfolio volatility and downside risk while earning competitive returns through full market cycles. Under Aaron’s guidance, IRON has evolved from managing a small portfolio to managing assets for a range of intermediary, institutional, and high net worth investors.

Before co-founding IRON Financial in 1994, Aaron was a member of the Chicago Board of Trade and Chicago Mercantile Exchange where he specialized in trading fixed income and equity derivatives. In 1988, Aaron began investing in high yield fixed income securities as a member of the Chicago Board of Trade. It was there that he developed the investment process that has evolved into the full investment methodology that IRON uses to manage its high yield fixed income strategy.

Aaron received a Bachelor of Science in business administration from Indiana University. He also holds FINRA Series 2 and 65 licenses.

Ted Connolly - Director, Portfolio<br />  Management and Trading

Ted Connolly

Director, Portfolio
Management and Trading

Ted Connolly is a Trader and Portfolio Manager for several strategies for IRON Financial. Ted joined IRON Financial in 2006. He contributes to IRON’s fixed income strategies that include corporate, government, municipal, and convertible securities. He also oversees IRON’s global and domestic option overlay strategies.

Before joining IRON, Ted worked for several market making firms at the Chicago Board Options Exchange and the Chicago Board of Trade. During this time, he was responsible for the administrative start-up of a yield curve trading group, trading futures to hedge option trades, as well as trading the daily and overnight gamma for open option positions.

Ted earned a Bachelor of Arts in economics from Connecticut College and holds a FINRA Series 65 license.

Joe Fanaro - Portfolio Management  <br /> and Trading

Joe Fanaro

Portfolio Management
and Trading

Joe Fanaro is a Trader and Portfolio Manager for IRON Financial’s equity derivatives and REIT strategies. He joined IRON in 2012 and is responsible for investment strategy research across all asset classes, including fixed income, equities, options, and futures.

Before joining IRON, Joe worked in the futures industry as a Trader and Quantitative Analyst, where he researched, developed, executed, and managed risks of various investment strategies. He worked extensively on the development of financial models to value derivatives and cash securities, covering both traditional and alternative investments.

Joe received an MBA with honors in finance from DePaul University's Kellstadt Graduate School of Business and a Bachelor of Science degree from DePaul University’s College of Commerce.

INVESTMENT RESEARCH TEAM

Dr. Ramesh Poola, Ph.D., CFA - Managing Director of Investment  and Quantitative Research

Dr. Ramesh Poola, Ph.D., CFA

Managing Director of Investment and Quantitative Research

Dr. Ramesh Poola, Ph.D., CFA is the Managing Director of Investment and Quantitative Research for IRON Financial. Dr. Poola joined IRON in 2009. He oversees all quantitative investment research, financial modeling, portfolio construction, and risk analysis for IRON's investment strategies across all asset classes. He also leads investment research for IRON’s ERISA 3(38) Investment Fiduciary Corporate Retirement Services business.

Before joining IRON, Dr. Poola was an Equities Research Analyst for Koch Quantitative Trading, LLC, a division of Koch Industries, where he was responsible for quantitative research, the development of new investment strategies, and the development and enhancement of advanced risk management practices.

Prior to Koch Quantitative Trading, LLC, Dr. Poola was an Equity Research Analyst for Morningstar, LLC where he was responsible for fundamental equity research coverage in the diversified industrial sector. He conceived and organized Morningstar's first stock conference, "The Management Behind the Moat.”

Prior to Morningstar, LLC, Dr. Poola spent six years in advanced engineering research and development at General Motors Corporation (GM), and six years as a leading researcher for Argonne National Laboratory. Dr. Poola was awarded eleven U.S. patents and authored and co-authored over 60 scholarly technical papers in leading peer-reviewed journals. He was a recipient of GM’s “Outstanding Achievement Award” for exemplary leadership and excellence and was a three-time recipient of the “Argonne Director’s Award,” Argonne's highest award for outstanding achievements and research contributions. He was also a recipient of the “R&D 100” award from R&D magazine.

Donald Casey, CFA - Senior Investment Analyst

Donald Casey, CFA

Senior Investment Analyst

Donald Casey is a Senior Investment Analyst for IRON Financial. He joined IRON in 2015. He is responsible for selecting and evaluating funds and monitoring investment managers for IRON’s ERISA 3(38) Investment Fiduciary solutions and IRON’s investment strategies.

Before joining IRON, he was an Investment Research Analyst for Leavitt Capital Management, LLC, an independent registered advisory firm, where he was responsible for investment research and fund selection for clients’ portfolios. Don was also an M&A Financial Analyst for Cook Associates and a Research Analyst for ABN AMRO Asset Management where he was responsible for researching and evaluating core portfolio positions. He also served as a Financial Analyst for LaSalle Bank’s commercial lending division.

Don received an MBA from DePaul University’s Kellstadt Graduate School of Business and a bachelor’s degree, with honors, in finance from Saint Xavier University. In addition, he is a CFA Charterholder.

Bill Hassiepen - Senior Credit Research Analyst

Bill Hassiepen

Senior Credit Research Analyst

Bill Hassiepen began his career nearly 40 years ago through Philadelphia National Bank’s (now Wells Fargo) Management Training Program. There, he served in both credit and line capacities in the International Division and managed Middle Eastern accounts. Almost a decade later, Bill pursued work for Thomson BankWatch (now Fitch Ratings) as a General Manager for the Middle East. There, he was responsible for maintaining and supervising the company’s 120 rating relationships in Gulf Cooperation Council (GCC) and Levant countries. In 2000, Bill joined the U.S. Federal Government’s Counter-Terrorism Task Force to advise them on aspects of Middle Eastern banking, specifically regarding possible terrorist financing. From 2008-2010, he was an Assistant General Manager and Head of Corporate Governance for Doha Bank, a Qatar-based regional bank. Before joining IRON Financial in 2015, Bill was a Chief Analyst for Egan-Jones Ratings.

Bill attended the University of Delaware and received a Bachelor of Arts degree in history and international relations. He also holds a Master of Arts in history. Bill served in the United States Navy for four years in the Supply Support and Logistics areas, and 18 years in the United States Air Force in the Command, Control, and Intelligence areas.

Yueting (Amelia) Wu, CFA - Senior Quantitative Analyst

Yueting (Amelia) Wu, CFA

Senior Quantitative Analyst

Yueting Wu is a Senior Quantitative Analyst for IRON Financial. She joined IRON in 2014. She is primarily responsible for quantitative investment research and financial modeling for IRON's investment strategies across all asset classes. She is also responsible for performance attribution and macroeconomic reporting for the IRON Strategic Income Fund.

Yueting received a Master of Science degree with honors in computational finance and risk management from the University of Washington. She also earned a Bachelor of Arts degree in finance and a Bachelor of Science in mathematics from Wuhan University. In addition, she is a CFA Charterholder.

George Georgiev, CFA - Senior Fund Research Analyst

George Georgiev, CFA

Senior Fund Research Analyst

George Georgiev is a Senior Fund Research Analyst for IRON Financial. He joined IRON in 2018 and is responsible for selecting and evaluating funds and monitoring investment managers for IRON’s ERISA 3(38) Investment Fiduciary solutions and IRON’s investment strategies.

Before joining IRON, he was a Manager Research Analyst for Morningstar LLC, where he performed due diligence and published Morningstar Analyst Reports on equity mutual funds and separately managed account strategies. George was also an Analyst for Janus Henderson where he contributed portfolio, competitive, and attribution analysis and market research.

George is a CFA Charterholder. He holds an MBA with distinction from the Kellstadt Graduate School of Business at DePaul University and a bachelor’s degree in business administration from the American University in Bulgaria.

Cory Eagerman - Senior Fund Research Analyst

Cory Eagerman

Senior Fund Research Analyst

Cory Eagerman joined IRON Financial in 2018. He works closely with the IRON Research team to select and evaluate funds and monitor investment managers for IRON’s ERISA 3(38) Investment Fiduciary solutions and IRON’s investment strategies.

Previously, Cory was an Associate Director, Manager Selection for Morningstar, LLC where he performed fund due diligence and designed fund menus for retirement plans. He spent nearly eleven years with Morningstar, LLC, and the majority of his efforts were related to fund analysis and client engagements in the retirement space. Cory also worked at Merrill Lynch for three years supporting advisory and high net worth clients.

He holds a bachelor’s degree in Business Finance from the University of Wisconsin-Madison.

Soumya Kancharla - Senior application developer

Soumya Kancharla

Senior application developer

Soumya Kancharla is a Senior Application Developer for IRON Financial. Soumya joined IRON in 2013 and is primarily responsible for developing and managing internal applications used by research analysts, portfolio managers, and administrative services.

Before joining IRON, Soumya worked as an IT consultant in various industries including payroll services, health, and electronics. She has extensive knowledge with Microsoft’s suite of products. For over a decade, she has worked on developing, architecting and leading solutions in information technology.

Soumya received a master’s degree from Northern Illinois University and a bachelor’s degree from Nagarjuna University in computer science.

Disclosure

Given the significant differences between separately managed accounts and mutual funds, investors should consider the differences in expenses, tax
implications and the overall objectives between separately managed accounts and mutual funds before investing. Past performance of the strategy/separately managed account is not indicative of future performance of the fund.

The Fund’s prospectus contains this and other information about the Fund, and should be read carefully before investing. You may obtain a current copy of the Fund’s prospectus by calling 1-877-322-0575 or download a prospectus. Past performance is no guarantee of future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted.

Performance data current to the most recent month end may be obtained by calling our toll-free number. Of course there can be no assurance
that the funds will achieve their objectives or that their investment strategies will be successful. Distributed by Unified Financial Securities, LLC., (Member FINRA). No investment strategy, including a total return strategy, can ensure a profit or protect against loss.