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Performance

Monthly Returns as of May 31, 2013

Name (Inception Date)	Current Month	3 Month Return	YTD	1 Year	3 Years*	5 Years*	Since Inception*	Gross Expense	Net Expense
RiverPark Long/Short Opportunity Fund Retail (RLSFX) (3/30/2012)
	0.92%	1.44%	1.75%	5.88%	13.35%	N/A	9.47%	4.37%	3.65%
RiverPark Long/Short Opportunity Fund Institutional (RLSIX) (3/30/2012)
	0.92%	1.54%	1.75%	5.98%	13.43%	N/A	9.53%	4.12%	3.50%

Quarterly Returns as of March 31, 2013

Name (Inception Date)	YTD	1 Year	3 Years*	5 Years*	Since Inception*	Gross Expense	Net Expense
RiverPark Long/Short Opportunity Fund Retail (RLSFX) (3/30/2012)
	1.44%	-0.56%	11.58%	N/A	9.84%	4.37%	3.65%
RiverPark Long/Short Opportunity Fund Institutional (RLSIX) (3/30/2012)
	1.44%	-0.36%	11.65%	N/A	9.91%	4.12%	3.50%

Performance since inception of the Mutual Fund (3/30/12) was -0.36% for RLSIX and -0.56% for RLSFX.

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

The performance data quoted for periods prior to March 30, 2012 is that of the Predecessor Fund. The Predecessor Fund commenced operations prior to the periods shown. The Predecessor Fund was not a registered mutual fund and was not subject to the same investment and tax restrictions as the Fund. If it had been, the Predecessor Fund's performance might have been lower. Performance shown for periods less than one year is cumulative; periods of one year and greater are annualized. Inception Date of the Predecessor Fund is 9/30/2009.

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.

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.