Frontier HyperiUS Global Equity Fund Service Class Shares NMFQS:FHGSX

Under normal market conditions, the fund invests at least 80% of its net assets in common stocks and American depositary receipts (“ADRs”) of issuers listed on U.S. and international stock exchanges. It will allocate its assets among issuers located in at least three different countries and will invest at least 40% of its net assets in non-U.S. companies. The fund may have significant investments in the information technology, consumer discretionary and communication services sectors. It is non-diversified.