Investor Education

Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Weighted Average Maturity

This figure is indicative of interest rate risk. Generally speaking, the longer the weighted average maturity, the greater the interest rate risk. It is calculated by weighting the maturity of each security in a fund by the market value of each security and then averaging these weighted numbers.

Withdrawal Plan

Arrangement provided by many open-end companies by which investors can receive monthly or quarterly payments in a designated amount, which may be more or less than actual investment income.

Before investing, please read the Fund's prospectus and shareholder reports to learn about its investment strategy and potential risks. Mutual Fund investing involves risk including loss of principal. An investor should also consider the Fund's investment objective, charges, expenses, and risk carefully before investing. This and other information about the Fund is contained in the fund's prospectus, which can be obtained by calling 1-800-662-4203. Please read the prospectus carefully before investing.

Distributed by Northern Lights Distributors, LLC, member FINRA.
Northern Lights and the Funds' Adviser, Tributary Capital Management, are not affiliated.

1129-NLD-8/4/2010