RiverPark Advisors Wedgewood Gargoyle

RiverPark was founded by former Baron Fund executives. The firm’s goal is to provide “Best in Class” portfolio management services in a select number of style boxes, including liquid alternative mutual funds. While some investment strategies are managed in-house, RiverPark has entered into strategic alliances with other investment advisors when it believes that through these relationships it can provide clients with superior investment management services.

RiverPark Advisors, LLC (Adviser) was formed in July 2009 and is a privately owned investment management firm. The Adviser is a wholly-owned subsidiary of RP Holding Group LLC, a Delaware limited liability company, and is 84% owned by employees. RiverPark Capital Management LLC, an affiliate of the Adviser, provides investment management services to separate accounts and partnerships.

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Kiplinger discusses RiverPark’s Long/Short Opportunity and Large Growth Funds.

For current performance and expenses of the RiverPark Large Growth Fund, please click here.
For current performance and expenses of the RiverPark Long/Short Opportunity Fund, please click here.
For full holdings of the RiverPark Large Growth Fund, please click here.
For full holdings of the RiverPark Long/Short Opportunity Fund, please click here.

The performance quoted herein represents past performance. Past performance does not guarantee future results. High short-term performance of the fund is unusual and investors should not expect such performance to be repeated. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost, and current performance may be higher or lower than the performance quoted. For performance data current to the most recent month end, please call 888.564.4517.

The RiverPark Long/Short Opportunity Fund performance data quoted for periods prior to March 30, 2012 is that of the Predecessor Fund. The predecessor Fund inception date is 9/30/209. The Fund will be managed in a materially equivalent manner to its predecessor. The Predecessor Fund was not a registered mutual fund and was not subject to the same investment and tax restrictions as the Fund. If the annual returns for the predecessor partnership were charged the same fees and expenses as the Fund, the annual returns for the predecessor partnership would have been higher.

The RiverPark Long/short Opportunity Fund uses leverage. If the securities decrease in value, the Fund may suffer a greater loss than would have resulted without the use of leverage. With short sales, losses are potentially unlimited and the expenses involved with the short strategy may impact the performance of the Fund. Due to the inherent leveraged nature of options, a relatively small adverse move in the price of the underlying instrument may result in immediate and substantial losses to the Fund. The use of options, swaps and derivatives by the Fund has the potential to significantly increase the Fund's volatility. The Fund is non-diversified. Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Investments in smaller companies typically exhibit higher volatility. There can be no assurance that the Fund will achieve its stated objectives.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the Fund’s prospectus, which may be obtained by calling 888.564.4517, or by visiting the website at www.riverparkfunds.com. Please read the prospectus carefully before investing.

The RiverPark funds are distributed by SEI Investments Distribution Co., which is not affiliated with the Adviser or its affiliates.

RiverPark/Wedgewood Fund’s Rolfe interviewed by Forbes

The performance quoted herein represents past performance. Past performance does not guarantee future results. High short-term performance of the fund is unusual and investors should not expect such performance to be repeated. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost, and current performance may be higher or lower than the performance quoted. For performance data current to the most recent month end, please call 888.564.4517 or click here.

For full holdings of the RiverPark Wedgewood Fund, please click here.
For the most recent copy of the RiverPark Wedgewood Fund Prospectus, please click here.

Index returns are for illustrative purposes only and do not represent fund performance. Index performance returns do not reflect any management fees, transaction costs, or expenses. Indexes are unmanaged and one cannot invest directly in an Index.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the Fund's prospectus, which may be obtained by calling 888.564.4517, or by visiting the website at http://www.riverparkfunds.com. Please read the prospectus carefully before investing.

Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Narrowly focused investments typically exhibit higher volatility. There can be no assurance that the Fund will achieve its stated objectives.

The RiverPark funds are distributed by SEI Investments Distribution Co., which is not affiliated with Wedgewood Partners, RiverPark Advisors, LLC, or their affiliates.

Wall Street Journal Mentions RiverPark Short Term High Yield Fund

The performance quoted herein represents past performance. Past performance does not guarantee future results. High short-term performance of the fund is unusual and investors should not expect such performance to be repeated. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost, and current performance may be higher or lower than the performance quoted. For performance data current to the most recent month end, please call 888.564.4517 or click here.

This information should not be relied upon by the reader as research or investment advice. This information is for educational purposes only.

For full holdings of the RiverPark Short Term High Yield Fund, please click here.

For the most recent copy of the RiverPark Short Term High Yield Fund Prospectus, please click here.

Index returns are for illustrative purposes only and do not represent fund performance. Index performance returns do not reflect any management fees, transaction costs, or expenses. Indexes are unmanaged and one cannot invest directly in an Index.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the Fund's prospectus, which may be obtained by calling 888.564.4517, or by visiting the website at http://www.riverparkfunds.com. Please read the prospectus carefully before investing.

Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Narrowly focused investments typically exhibit higher volatility. High Yield bonds involved greater risk of default or downgrade and are more volatile than investment grade securities, due to the speculative nature of their investments. There can be no assurance that the Fund will achieve its stated objectives.

The RiverPark funds are distributed by SEI Investments Distribution Co., which is not affiliated with Wedgewood Partners, RiverPark Advisors, LLC, or their affiliates.

For current performance and expenses of the RiverPark Long/Short Opportunity Fund, please click here.

For full holdings of the RiverPark Long/Short Opportunity Fund, please click here.

The performance quoted herein represents past performance. Past performance does not guarantee future results. High short-term performance of the fund is unusual and investors should not expect such performance to be repeated. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost, and current performance may be higher or lower than the performance quoted. For performance data current to the most recent month end, please call 888.564.4517.

The expense ratio stated reflects operating expense after contractual fee waivers and reimbursement of Fund expenses. This agreement is in effect until March 30, 2013. Expenses excluded from the waiver may increase expenses incurred by the investor. In the absence of these waivers, total returns would be reduced.

The RiverPark Long/Short Opportunity Fund performance data quoted for periods prior to March 30, 2012 is that of the Predecessor Fund. The predecessor Fund inception date is 9/30/209. The Fund will be managed in a materially equivalent manner to its predecessor. The Predecessor Fund was not a registered mutual fund and was not subject to the same investment and tax restrictions as the Fund. If the annual returns for the predecessor partnership were charged the same fees and expenses as the Fund, the annual returns for the predecessor partnership would have been higher.

The RiverPark Long/short Opportunity Fund uses leverage. If the securities decrease in value, the Fund may suffer a greater loss than would have resulted without the use of leverage. With short sales, losses are potentially unlimited and the expenses involved with the short strategy may impact the performance of the Fund. Due to the inherent leveraged nature of options, a relatively small adverse move in the price of the underlying instrument may result in immediate and substantial losses to the Fund. The use of options, swaps and derivatives by the Fund has the potential to significantly increase the Fund's volatility. The Fund is non-diversified. Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Investments in smaller companies typically exhibit higher volatility. There can be no assurance that the Fund will achieve its stated objectives.

The above material is for educational purposes only and is not meant to be investment advice. The reader should consult with his/her financial advisor for more information. This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the Fund’s prospectus, which may be obtained by calling 888.564.4517, or by visiting the website at www.riverparkfunds.com. Please read the prospectus carefully before investing.

The RiverPark funds are distributed by SEI Investments Distribution Co., which is not affiliated with the Adviser or its affiliates.

The performance quoted herein represents past performance. Past performance does not guarantee future results. High short-term performance of the fund is unusual and investors should not expect such performance to be repeated. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost, and current performance may be higher or lower than the performance quoted. For performance data current to the most recent month end, please call 888.564.4517 or click here.

RiverPark Advisors, LLC, the Fund's investment adviser, has agreed contractually to waive its fees and to reimburse expenses of the Fund, to the extent necessary to ensure that operating expenses do not exceed, on an annual basis, 1.00% for the Institutional Class Shares and 1.25% for the Retail Class Shares of the Fund's average net assets. This agreement is in effect until at least January 30, 2013, and subject to annual approval by the Board of Trustees of RiverPark Funds Trust. In the absence of these waivers, total returns would be reduced

For full holdings of the RiverPark Wedgewood Fund, please click here.
For the most recent copy of the RiverPark Wedgewood Fund Prospectus, please click here.

Specific securities indicated in this article are not guaranteed to exceed market expectations and are only indicated as examples of companies we have determined meet our guidelines. This material is for educational purposes only and is not meant to be investment advice. The reader should consult with his/her financial advisor for more information. This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results.

Index returns are for illustrative purposes only and do not represent fund performance. Index performance returns do not reflect any management fees, transaction costs, or expenses. Indexes are unmanaged and one cannot invest directly in an Index.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the Fund's prospectus, which may be obtained by calling 888.564.4517, or by visiting the website at http://www.riverparkfunds.com. Please read the prospectus carefully before investing.

Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Narrowly focused investments typically exhibit higher volatility. There can be no assurance that the Fund will achieve its stated objectives.

The RiverPark funds are distributed by SEI Investments Distribution Co., which is not affiliated with Wedgewood Partners, RiverPark Advisors, LLC, or their affiliates. Not affiliated with Vanguard, Pekin Singer Strauss and Davenport & Co.

RIVERPARK INTRODUCES RIVERPARK LONG/SHORT OPPORTUNITY FUND

Click the link at bottom to listen to RiverPark CEO Morty Shaja and CIO Mitch Rubin discuss the new RiverPark Long/Short Opportunity Fund.

For current performance and expenses of the RiverPark Long/Short Opportunity Fund, please click here.

For full holdings of the RiverPark Long/Short Opportunity Fund, please click here.

The performance quoted herein represents past performance. Past performance does not guarantee future results. High short-term performance of the fund is unusual and investors should not expect such performance to be repeated. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost, and current performance may be higher or lower than the performance quoted. For performance data current to the most recent month end, please call 888.564.4517.

The expense ratio stated reflects operating expense after contractual fee waivers and reimbursement of Fund expenses. This agreement is in effect until March 30, 2013. Expenses excluded from the waiver may increase expenses incurred by the investor. In the absence of these waivers, total returns would be reduced.

The RiverPark Long/Short Opportunity Fund performance data quoted for periods prior to March 30, 2012 is that of the Predecessor Fund. The predecessor Fund inception date is 9/30/209. The Fund will be managed in a materially equivalent manner to its predecessor. The Predecessor Fund was not a registered mutual fund and was not subject to the same investment and tax restrictions as the Fund. If the annual returns for the predecessor partnership were charged the same fees and expenses as the Fund, the annual returns for the predecessor partnership would have been higher.

The RiverPark Long/short Opportunity Fund uses leverage. If the securities decrease in value, the Fund may suffer a greater loss than would have resulted without the use of leverage. With short sales, losses are potentially unlimited and the expenses involved with the short strategy may impact the performance of the Fund. Due to the inherent leveraged nature of options, a relatively small adverse move in the price of the underlying instrument may result in immediate and substantial losses to the Fund. The use of options, swaps and derivatives by the Fund has the potential to significantly increase the Fund's volatility. The Fund is non-diversified. Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Investments in smaller companies typically exhibit higher volatility. There can be no assurance that the Fund will achieve its stated objectives.

Risk Measurement Statistics: Max Drawdown is a metric used to evaluate risk. It measures the single largest peak to trough decline in an investment's or index’s net asset value over a period of negative performance since inception of the investment. Different indices and investments will experience drawdowns over different time periods. However, comparing max drawdowns over a common time period among multiple investments or indices provides a common basis for comparing two or more sets of data. The max drawdown for a particular index may be different than the max drawdown presented if it were to include the entire period of such index’s existence rather than the period set forth above. Since the Fund was converted from a partnership with only historical monthly performance, the max drawdown is calculated based on monthly performance information. Down Market Performance is a metric used to evaluate risk. It measures the average monthly performance of the Fund as compared to the average monthly performance of the Fund’s benchmark, the S&P 500, for the months in which the benchmark lost money. Gross exposure is calculated by adding the percentage of the Fund's equity invested in short sales to the percentage of its equity used for long positions. Net exposure takes into account the benefits of offsetting long and short positions and is calculated by subtracting the percentage of the Fund's equity capital invested in short sales from the percentage of its equity capital used for long positions. The Sharpe ratio is calculated by subtracting the risk-free rate - such as that of the 3-month U.S. Treasury Bill - from the rate of return for a portfolio and dividing the result by the standard deviation of the portfolio returns. The above material is for educational purposes only and is not meant to be investment advice. The reader should consult with his/her financial advisor for more information. This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. Alpha and Beta are calculated based on a regression of monthly performance data since inception versus the S&P 500 total return index.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the Fund’s prospectus, which may be obtained by calling 888.564.4517, or by visiting the website at www.riverparkfunds.com. Please read the prospectus carefully before investing.

The RiverPark funds are distributed by SEI Investments Distribution Co., which is not affiliated with the Adviser or its affiliates.

The performance quoted herein represents past performance. Past performance does not guarantee future results. High short-term performance of the fund is unusual and investors should not expect such performance to be repeated. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost, and current performance may be higher or lower than the performance quoted.

For performance data current to the most recent month end, please call 888.564.4517 or click here.

Subsidized 30 Day Yield as of 12/31/2012: 4.34%
Unsubsidized 30 Day Yield as of 12/31/2012: 4.22%*
*Represents the 30 Day Yield absence of fee waivers.

This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any stock or bond in particular, nor should it be construed as a recommendation to purchase or sell a security. This information is for educational purposes only.

For full holdings of the RiverPark Short Term High Yield Fund, please click here. For the most recent copy of the RiverPark Short Term High Yield Fund Prospectus, please click here.

Index returns are for illustrative purposes only and do not represent fund performance. Index performance returns do not reflect any management fees, transaction costs, or expenses. Indexes are unmanaged and one cannot invest directly in an Index.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the Fund's prospectus, which may be obtained by calling 888.564.4517, or by visiting the website at http://www.riverparkfunds.com. Please read the prospectus carefully before investing.

Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Narrowly focused investments typically exhibit higher volatility. High Yield bonds involved greater risk of default or downgrade and are more volatile than investment grade securities, due to the speculative nature of their investments. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. There can be no assurance that the Fund will achieve its stated objectives.

Definitions:
Yield to Worst:
The lowest potential yield that can be received on a bond without the issuer actually defaulting. The yield to worst is calculated by making worst-case scenario assumptions on the issue by calculating the returns that would be received if provisions, including prepayment, call or sinking fund, are used by the issuer.

Average Maturity:This figure is computed by weighting the maturity of each security in the portfolio by the market value of the security, then averaging these weighted figures.

BofA Merrill US High Yield Index: Tracks the performance of U.S. dollar denominated below investment grade corporate debt publicly issued in the U.S. domestic market. Qualifying securities must have a below investment grade rating (based on an average of Moody’s, S&P, and Fitch) and an investment grade rated country of risk (based on an average of Moody’s, S&P and Fitch foreign currency long term.

The RiverPark funds are distributed by SEI Investments Distribution Co., which is not affiliated with Wedgewood Partners, RiverPark Advisors, LLC, US Bank Wealth Management or their affiliates.

The performance quoted herein represents past performance. Past performance does not guarantee future results. High short-term performance of the fund is unusual and investors should not expect such performance to be repeated. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost, and current performance may be higher or lower than the performance quoted. For performance data current to the most recent month end, please call 888.564.4517 or click here.

Subsidized 30 Day Yield as of 12/31/2012: 4.34%
Unsubsidized 30 Day Yield as of 12/31/2012: 4.22%*
*Represents the 30 Day Yield absence of fee waivers.

This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any stock or bond in particular, nor should it be construed as a recommendation to purchase or sell a security. This information is for educational purposes only.

The RIverPark Short Term High Yield Fund does not have any holdings in Swell Computer. For full holdings of the RiverPark Short Term High Yield Fund, please click here. For the most recent copy of the RiverPark Short Term High Yield Fund Prospectus, please click here.

Index returns are for illustrative purposes only and do not represent fund performance. Index performance returns do not reflect any management fees, transaction costs, or expenses. Indexes are unmanaged and one cannot invest directly in an Index.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the Fund's prospectus, which may be obtained by calling 888.564.4517, or by visiting the website at http://www.riverparkfunds.com. Please read the prospectus carefully before investing.

Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Narrowly focused investments typically exhibit higher volatility. High Yield bonds involved greater risk of default or downgrade and are more volatile than investment grade securities, due to the speculative nature of their investments. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. There can be no assurance that the Fund will achieve its stated objectives. The RiverPark funds are distributed by SEI Investments Distribution Co., which is not affiliated with Wedgewood Partners, RiverPark Advisors, LLC, Market Vectors or their affiliates.

Past Performance does not guarantee future results. For standardized fund performance, please click on the following links:

RPHYX
RPXFX
RWGFX

For the most recent holdings of the Funds, please see the fund pages.

Date of Interview: 2/28/11; Video released 5/11/11. SEC yield as of 4/30/11: 4.97.

For standardized performance, please click here. Past performance does not guarantee future results. All products discussed may not be currently managed by RiverPark.

See side chart within article for mention of the RiverPark Short Term High Yield Fund and RiverPark/Wedgewood Fund.

The RiverPark Strategic Income Fund seeks high current income and capital appreciation consistent with the preservation of capital. There is no guarantee the fund will achieve its objective.

The opinions expressed in this reprint are intended to provide insight or education and are not intended as individual investment advice regarding the funds or any security in particular. Information on funds other than the RiverPark Strategic Income Fund should not be deemed an offer to sell or a solicitation of an offer to buy shares of any Funds other than the RiverPark Funds. This material represents the author's assessment of the market environment at a specific time and is not intended to be a forecast of future events, or a guarantee of future results. Investing involves risk, including possible loss of principal.

To determine if the RiverPark Strategic Income Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and other information may be found in the Fund's summary or full prospectus, which may be obtained by calling 1-888-564-4517, or visiting www.riverparkfunds.com. Please read the prospectus carefully before investing.

The RiverPark mutual funds are distributed by SEI Investments Distribution Co., which is not affiliated with RiverPark Advisors, Cohanzick Management, LLC, or their affiliates.

The performance quoted herein represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost, and current performance may be higher or lower than the performance quoted. Click here for the Fund’s most recent quarterly and month-end performance figures.

Current and future holdings subject to change and risk. Click here for the Fund’s full holdings.

Mentions of specific securities are provided strictly for illustrative purposes and should not be deemed an offer to sell or a solicitation of an offer to buy shares of any funds other than the RiverPark Fund described in the article." and "This information should not be construed as investment advice.

The RiverPark/Gargoyle Hedged Value Fund is not a closed-end fund and expenses and payouts will vary.

The opinions and material presented in articles are an assessment of the market environment at a specific time and are not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any security in particular.