Alma Capital Investment Funds - Alma Recurrent Energy Infrastructure Income Fund Class F EUR H Acc

The investment objective of the Fund is to seek total return including substantial current income. The Fund seeks to achieve its investment objective by investing in publicly traded equity securities of energy companies, with a focus on "midstream" energy infrastructure. Midstream companies may also operate ancillary businesses including marketing of energy products and related logistical services. In addition to traditional "midstream" assets, the Fund may invest in companies involved in generation and distribution of electricity. The companies in which the Fund invests may also engage in owning, managing and transporting alternative energy assets, including alternative fuels such as ethanol, hydrogen and biodiesel. The Fund may also invest in "upstream" and "downstream" companies, though such investments are not expected to be more than 30% of the Net Asset Value of the Fund. The Fund's investible universe is largely comprised of companies in North America. The Fund may invest in companies of any market capitalization size, including a company's first offering of stock to the public in an initial public offering ("IPO"). The Fund is actively managed which means that Recurrent Investment Advisors, LLC is actively making investment decisions for the Fund. The Fund is not managed in reference to a benchmark. Recurrent Investment Advisors, LLC manages the portfolio of this Fund. All income in the Fund is reinvested. Institutional investors can buy and sell shares of the Fund on a daily basis. The first investment must amount to at least 250,000 US Dollars.