The Modern Capital Tactical Opportunities Fund is the first mutual fund product that Modern Capital has launched from it’s own fund family platform. The strategy of the fund seeks to capitalize on asymmetric price movements and closed end funds that trade at discounts to their NAV. Whether that be driven by liquidity events within the closed-end funds (“CEFs”) themselves or are intrinsic to the types of assets the CEF are comprised or developing situations within geographies across the world, we consider this strategy to be aligned greater with a macro strategy of investing rather than just focusing on the fund universe themselves. This strategy contains a greater degree of idiosyncratic risk than most strategies. The Adviser does not engage in any naked shorting and keeps leverage in line with a 2:1 ratio (if and when leverage is appropriate)

An investment in the Modern Capital Tactical Opportunities Fund is subject to investment risks, including the possible loss of some or the entire principal amount invested. There can be no assurance that the fund will be successful in meeting its investment objective. Investment in the Fund is also subject to the following risks: Active Trading Risk, Closed-End Fund risk, Equity Securities Risk, ADR Risk, Call Risk, Cybersecurity Risk, Emerging Market Risk, ETF Risk, Foreign and Currency Exposure Risk, High-Yield Risk, Interest Rate Risk, Leverage Risk, Limited History of Operations Risk, Management Risk, New Advisor Risk, Non-Diversification Risk, Security Market Risk, Short Selling Risk, Small and Medium (Mid) Capitalization Stock Risk and Stock Value Risk. More Information about these risks can be found in the Fund Prospectus.

An Investor should consider the investment objectives, risks, and charges and expenses of the Fund before investing. The prospectus contains this and other information about the Fund. A Copy of the prospectus is available at or by calling Shareholder Services at 800-773-3863. The prospectus should be read carefully before investing. Current and future holdings are subject to change and risk. 

The Modern Capital Tactical Opportunities Fund is distributed by Capital Investment Group, Inc, Member FINRA/SIPC, 100 E Six Forks Road, Suite 200, North Carolina 27609. There is no affiliation between Modern Capital Management Co., including their principals and Capital Investment Group, Inc.