Queens Road Funds Manager Commentary

2017

03/31/2017 Investment Commentary: Is the Ceiling the Roof?

2016

12/31/2016 2016 in Review

09/30/2016 Investment Commentary: Protests and Picking Stocks in Charlotte

05/31/2016 2016 Annual Letter to Shareholders

05/17/2016 Queens Road Small Cap Value Fund Conference Call

04/01/2016 1st Quarter 2016 Investment Commentary

2015

12/31/2015 2015 in Review

09/30/2015 Investment Commentary: Patience Pays Off

05/31/2015 2015 Annual Letter to Shareholders

2014

12/31/2014 2014 in Review

09/30/2014 Investment Commentary: The Decline and Fall of Fund Managers

05/31/2014 2014 Annual Letter to Shareholders

2013

12/31/2013 2013 in Review

09/30/2013 Investment Commentary: A Strong Summer

05/31/2013 2013 Annual Letter to Shareholders

Bragg Financial Advisors, Inc. is a Registered Investment Firm offering securities through an affiliate, Queens Road Securities, LLC, Member FINRA/SIPC. Bragg Financial Advisors, Inc is the investment adviser for the Queens Road Small Cap Value Fund and the Queens Road Value Fund. Queens Road Securities, LLC (Member FINRA/SIPC) is the distributor of the Funds and an affiliate of Bragg Financial Advisors, Inc.

Performance data quoted represents past performance which is no guarantee of future results. 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 the original cost. Current performance may be higher or lower than performance data quoted. Standardized returns current to the most recent month-end can be obtained by calling toll free (888) 353‑0261. All mutual funds are subject to market risk, including loss of principal. Please request a Prospectus which contains information about the investment objectives, risks, charges, and expenses of the Funds which you should read and consider before investing.