RiverPark Large Growth Fund

Performance

Daily Returns

As of 12/19/2014 YTD NAV % Change
RPXIX 5.34% $18.45 +0.60%
RPXFX 5.03% $18.31 +0.55%

Monthly Returns as of November 30, 2014

Name (Inception Date) Current
Month
YTD 1 Year 3 Years* 5 Years* Since
Inception*
Gross
Expense
Net
Expense
RiverPark Large Growth Fund Institutional (RPXIX) (9/30/2010)
2.69% 5.99% 10.40% 20.29% N/A 17.40% 1.06% 1.00%
RiverPark Large Growth Fund Retail (RPXFX) (9/30/2010)
2.65% 5.69% 10.08% 20.00% N/A 17.10% 1.31% 1.25%

Quarterly Returns as of September 30, 2014

Name (Inception Date) QTD YTD 1 Year 3 Years* 5 Years* Since
Inception*
Gross
Expense
Net
Expense
RiverPark Large Growth Fund Institutional (RPXIX) (9/30/2010)
-1.98% 1.78% 13.75% 22.69% N/A 17.00% 1.06% 1.00%
RiverPark Large Growth Fund Retail (RPXFX) (9/30/2010)
-2.10% 1.51% 13.44% 22.37% N/A 16.69% 1.31% 1.25%

* Total returns presented for periods less than 1 year are cumulative, returns for periods greater than 1 year are annualized.

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.

The Adviser has agreed contractually to reimburse or waive fees and to reimburse expenses of the Fund to the extent necessary to assure that the operating expenses of the Fund will not exceed 1.00% for the Institutional Class Shares, 1.25% for the Retail Class Shares and 2.00% for the Class C Shares of the Fund's average daily net assets per year until at least January 31, 2015.

Fee waivers are contractual and subject to annual approval by the Board of Trustees. Waivers will remain in effect unless the Board approves modification or termination.

The Fund offers two classes of shares. Retail Class shares have a shareholder services fee of up to 0.25% per annum of average daily net assets. Institutional Class shares have no shareholder services fee. For more information, please see the prospectus.