The investment objective of the Towle Deep Value Fund is to seek long-term capital appreciation. In attempting to capitalize on inefficiencies in the public equity markets,  the fund executes a deep-value investment discipline that uncovers significant discrepancies between stock market prices and underlying company values. While this approach may include large capitalization stocks, the search for absolute value usually leads to companies with smaller capitalizations. For investors with a long-term investment horizon seeking capital appreciation in excess of stock market returns, the Towle Deep Value Fund may diversify their scope of investment and potentially enhance core equity portfolios.

Investors should consider the Fund’s investment objectives, risk factors, and expenses carefully before investing. To obtain a prospectus, or summary prospectus, which contains this and other information about the Fund, call 1-888-99TOWLE (888-998-6953) or click here. Please read the prospectus carefully before investing.

Risk of Investment: All investing involves risk, including potential loss of principal. Stock fund prices fluctuate and investors may lose principal value. Micro-cap, small-cap and mid-cap stocks involve greater risks, and they can fluctuate in price more than larger company stocks. Foreign investments present additional risk due to currency exchange rate fluctuations, economic developments, political instability, and other factors. The Fund is non-diversified which increases the risk that the value of the Fund could go down because of the poor performance of single investment. A value oriented investing style may go in and out of favor which may cause the Fund to sometimes underperform other equity funds.
The Towle Deep Value Fund is available to U.S. investors only.
Distributed by IMST Distributors, LLC.