Giordano Fund holdings as of the end of May 2010

Giordano Fund holdings as of the end of April 2010

Giordano Fund holdings as of the end of March 2010

Giordano Fund holdings as of the end of February 2010

Giordano Fund holdings as of the end of January, 2010

Giordano Fund holdings as of the end of December, 2009

Giordano Fund holdings as of the end of November, 2009

Giordano Fund holdings as of the end of October, 2009

Giordano Fund holdings as of the end of September, 2009

Giordano Fund holdings as of the end of August, 2009

Giordano Fund holdings as of the end of July, 2009

Giordano Fund holdings as of the end of June, 2009

Giordano Fund holdings as of the end of May, 2009

Giordano Fund holdings as of the end of April, 2009

Giordano Fund holdings as of the end of March, 2009

Giordano Fund holdings as of the end of February, 2009

Giordano Fund holdings as of the end of January, 2009

Giordano Fund holdings as of the end of December, 2008

Giordano Fund holdings as of the end of November, 2008

Giordano Fund holdings as of the end of October, 2008

Giordano Fund holdings as of the end of September, 2008

Giordano Fund holdings as of the end of August, 2008

Giordano Fund holdings as of the end of July, 2008

Giordano Fund holdings as of the end of June, 2008

Giordano Fund holdings as of the end of May, 2008

Giordano Fund holdings as of the end of April, 2008

Giordano Fund holdings as of the end of March, 2008

Giordano Fund holdings as of the end of February, 2008

Giordano Fund holdings as of the end of January, 2008

Giordano Fund holdings as of the end of January, 2007

Giordano Fund holdings as of the end of February, 2007

Giordano Fund holdings as of the end of March 2007

Giordano Fund holdings as of the end of April 2007

Giordano Fund holdings as of the end of May 2007

Giordano Fund holdings as of the end of June 2007

Giordano Fund holdings as of the end of July 2007

Giordano Fund holdings as of the end of August 2007

Giordano Fund holdings as of the end of September 2007

Giordano Fund holdings as of the end of October 2007

Giordano Fund holdings as of the end of November 2007

Giordano Fund holdings as of the end of December 2007

An investor should consider the investment adjectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the fund. A copy of the prospectus is available by calling Shareholder Services at (800) 773-3863. The prospectus should be read carefully before investing.

Investment in Fund is subject to investment risks including without limitation, market risk, management style risk, small-cap and mid-cap companies risk, credit risk, interest rate risk, maturity risk, preferred securities risk, investment-grade securities risk, senior subordinated unsecured corporate bonds with, junk bonds or lower-rated securities. Derivative instruments risk, special risks of “alternative investment”, real estate securities risk, and other risk as set forth in the Fund’s prospectus.

Distributed By:

Capital Investment Group

116 South Franklin Street

Rocky Mount, NC 27804

1-800-773-3863