HANLON INVESTMENT MANAGEMENT

Hanlon Investment Management, Inc. (“Hanlon Investment Management”) is an SEC Registered Investment Adviser with its principal place of business in the State of New Jersey. Hanlon Investment Management and its representatives are in compliance with the current registration and notice filing requirement imposed upon registered investment advisers by those states in which Hanlon Investment Management maintains clients. Hanlon Investment Management may only transact business in those states in ... which it is notice filed, or qualifies for an exemption or exclusion from notice filing requirements. For information pertaining to the registration status of Hanlon Investment Management, please contact Hanlon Investment Management or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov). For additional information about Hanlon Investment Management, including fees and services, please visit our website at www.hanloninvest.com. Please read the disclosure statement carefully before you invest or send money.

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