Management

The Investment Adviser

Sycuan Capital Management, Inc. ("Sycuan Capital") is the investment adviser of the Fund and has responsibility for the management of the Fund's affairs, under the supervision of the Trust's Board of Trustees. Sycuan Capital is a registered investment adviser. It is a Native American owned firm dedicated to professional money management and the self-reliance of the Native American people. The firm was organized in 2003 and its address is 3007 Dehesa Road, El Cajon, California 92019.

The Investment Sub-Adviser

Sycuan Capital has engaged A.Q. Johnson & Co., Inc., ("A.Q. Johnson") to act as the investment sub-adviser of the Fund. Although Sycuan Capital has delegated its portfolio management duties to A.Q. Johnson, Sycuan Capital remains primarily responsible for these services and monitors the sub-adviser's performance. A.Q. Johnson & Co., Inc. was organized in 2002 and has been managing investment accounts and money since that time. The sub-adviser serves as investment adviser to individuals, trusts, retirement plans, corporations and mutual funds. The Fund's investment portfolio is managed on a day-to-day basis by Arthur Q. Johnson. Mr. Johnson is a Chartered Financial Analyst (CFA) and is a member of the Association for Investment Management & Research and the San Diego Society of Financial Analysts. He was a principal at Brandes Investment Partners, L.P. from 1986 to 2000. Since 2002, Mr. Johnson has been the President and lead manager of A.Q. Johnson. The address of A.Q. Johnson is 1150 Silverado St., #223, La Jolla, California 92037.