Eventide Multi-Asset Income Fund...Dec 31, 2017 · The Eventide Multi-Asset Income Fund incorporates Eventide’s Business 360 framework to analyze companies across six key stakeholders

2/7/18 © Eventide Asset Management, LLC. 1

Eventide Multi-Asset Income FundPresentation as of December 31, 2017

Eventide Asset Management

• Founded: 2008• Headquarters: Boston, MA• Vision: To serve individuals, financial advisors, and institutions by offering high performance investments

that create compelling value for the global common good. • Funds:

• Eventide Gilead Fund• Eventide Healthcare & Life Sciences Fund• Eventide Multi-Asset Income Fund• Eventide Global Dividend Opportunities Fund

• AUM: $2.1B in net assets under management

I N V E S T M E N T S D E S I G N E D F O R P E R F O R M A N C E A N D A B E T T E R W O R L D

There is no guarantee that the Adviser will meet its objectives.


F U N D O B J E C T I V E

Seeks to provide current income while maintaining the potential for capital appreciation.

A B O U T T H E F U N D

A diversified mutual fund representing our "best ideas" for current income, income growth, and long-term capital appreciation. Exposure to fixed-income, equity-income, and non-traditional income categories.

B E N C H M A R K S E C O N D A R Y B E N C H M A R K

MSCI AC World Index 60% MSCI AC World Index / 40% BarCap Aggregate Bond Index

M O R N I N G S T A R C A T E G O R Y L I P P E R C A T E G O R Y T O T A L A S S E T S

Allocation–50% to 70% Equity Flexible Portfolio $96.2MM (Inception date: July 15, 2015)

Eventide Multi-Asset Income Fund

The MSCI All-Country World Index is a free float adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets and consists of 46 country indexes comprising 23 developed and 23 emerging market country indexes. Blended benchmark returns represents 60% MSCI ACWI Index, 40% BarCap Aggregate Bond Index, rebalanced monthly. The volatility of the indices may be materially different than that of the Fund, and investors should not expect the Fund to achieve the same results as the indices listed.There is no guarantee that the Adviser's approach will produce the desired results. All investments involve risk, including the possible loss of principal.

A: ETAMX | C: ETCMX | I : ETIMX | N: ETNMX


Fund Distinctives

The portfolio manager's views may prove to be incorrect. There is no guarantee that the Adviser's approach will produce the desired results. All investments involve risks, including the possible loss of principal.


A M E A N I N G F U L L Y M U L T I - A S S E T A P P R O A C H T O I N C O M E

Wide opportunity set and up to 40% of net assets allocated to non-traditional income sources.

T A C T I C A L L Y A L L O C A T I N G T O A S S E T C L A S S E S F A V O R E D I N T H E F O R W A R D E N V I R O N M E N T

Significant flexibility to allocate tactically across asset classes based on the portfolio manager’s views of yield opportunities and risks in today’s markets.

C R E A T I N G A B E T T E R W O R L D

Focused on identifying and investing in companies capable of sustaining profitability and growth by serving well the needs of customers, employees, suppliers, communities, the environment, and society broadly.


Each of these asset classes has its own set of investment characteristics and risks and investors should consider these risks carefully prior to making any investments. There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.

A Meaningfully Multi-Asset Approach to Income• Eventide believes that in a yield-constrained world investors need to take advantage of a broader income

opportunity set.

T R A D I T I O N A L E Q U I T Y I N C O M E

T Y P I C A L R A N G E

20-60%

U.S. Equities (all cap)Foreign Equities

(incl. EM)

T R A D I T I O N A L F I X E D I N C O M E


20-50%

Cash & EquivalentsAgency / Mortgage-Backed

SecuritiesTaxable Municipal BondsGreen BondsCorporate BondsConvertible BondsHigh Yield Corp Bonds

N O N - T R A D I T I O N A LI N C O M E


10-40%

Preferred StockREITsMLPs / YieldCosCovered Call OptionsCash-Secured

Put OptionsPrivate InvestmentsCatastrophe Bonds /

ReinsuranceBDCsBank Loans

10-40%

10-30%

0-30%

0-20%0-20%0-40%0-30%0-10%0-15%

0-15%0-20%0-20%0-10%

0-10%0-15%

0-5%0-5%0-5%


Each of these asset classes has its own set of investment characteristics and risks and investors should consider these risks carefully prior to making any investments. There is no guarantee that the Adviser's approach will produce the desired results. All investments involve risks, including the possible loss of principal.

Tactically Allocating to Favored Asset Classes • The Multi-Asset Income Fund maintains significant flexibility to allocate tactically across asset classes

based on the portfolio manager’s views of yield opportunities and risks in today’s markets.

Portfolio Positioning Is Flexible and Reflects PM Macro Views

Typical Range0 – 15%15 – 40%0 – 15%0 – 5%0 – 15%0 – 10%10 – 40%10 – 30%0 – 20%0 – 20%0 – 20%0 – 20%0 – 15%

Asset ClassCash & EquivalentsInvestment Grade BondsHigh Yield BondsCatastrophe Bonds / ReinsurancePreferred StocksConvertible SecuritiesU.S. EquitiesForeign EquitiesREITsMLPsYieldCosOption IncomePrivate Placements

Current ViewsNeutral – dry powder appealing and yields increasingCautious – low yields, not much cushion against rate riskCautious – spreads don’t offer much cushion against rate riskFavorable – demand will increase following 2017 claimsNeutral – finding value in certain structures and issuesNeutral – opportunity to find value where equity has laggedCautious – above average valuations across many sectorsNeutral – valuations now less compelling, but attractive vs. U.S.Neutral – recent decline has created some valueFavorable – attractive valuations, should provide inflation hedgeFavorable – valuations reasonable, focus on dividend growth namesNeutral – VIX is low but rising, increasing value of premiumsNeutral – continue to review private impact bond, real estate deals


W E B E L I E V E W H A T ’ S R I G H T …

The goal of Business 360 analysis is to identify companies that excel at creating value for others.

… I S A L S O S M A R T

We believe those companies are thereby capable of sustained

profitability and growth over time.

Creating a Better WorldThe Eventide Multi-Asset Income Fund incorporates Eventide’s Business 360 framework to analyze companies across six key stakeholders often ignored by traditional finance.

The Business 360 framework informs the Adviser's investment process, but cannot in and of itself be used to determine which securities to buy or sell. There is no guarantee that the Adviser's Business 360 approach will produce the desired results. The term “smart” is used for informational purposes only, and does not imply a certain level of skill or training by the Adviser.


Investment Team

For informational purposes only.

Colin DelaneyDirector of Portfolio Operations, Product Specialist

R O L E

Mr. Delaney serves as Director of Portfolio Operations and is a Product Specialist for the Advisory Services team at Eventide.

.

David Dirk, CFABoyd Watterson Portfolio Manager

R O L E

Mr. Wildy serves as Portfolio Manager for the Eventide Multi-Asset Income Fund and the Eventide Global Dividend Opportunities Fund.

Martin Wildy, CFAPortfolio Manager

R O L E

Mr. Dirk serves as Portfolio Manager for the Fixed Income Sub-Adviser. He is responsible for the strategy and day-to-day investment decision-making responsibilities within assigned fixed income allocation.


Broader Investment Team


Andy Singer, CFASenior Analyst

Agustin Mohedas, PhDResearch Analyst

Anant GoelResearch Analyst

Tianxiang ChenComputational Equity Analyst

R O L E

Dr. Kuruvilla serves as the CIO for Eventide, Lead Portfolio Manager on the Eventide Gilead Fund, and Lead Portfolio Manager on the Eventide Healthcare & Life Sciences Fund.

Finny Kuruvilla, MD PhDCIO

David BarksdaleCo-Portfolio Manager

R O L E

Mr. Barksdale serves as Co-Portfolio Manager on the Eventide Gilead Fund and is responsible for developing and applying novel analytical tools and strategies in support of Eventide’s portfolio management.

R O L E

Mr. Singer is responsible for making investment recommendations and monitoring existing portfolio investments by conducting fundamental, financial, and valuation analyses.

R O L E

Mr. Goel is primarily responsible for evaluating and monitoring new and existing investment opportunities in the portfolios.

R O L E

Dr. Mohedas is primarily responsible for evaluating and monitoring new and existing healthcare investment opportunities in the portfolios.

R O L E

Mr. Chen provides quantitative portfolio analysis, investment strategies implementation, and top down equity research.


The Adviser’s judgment about the quality and intrinsic value of particular companies may prove to be incorrect. There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.

Investment Philosophy

We believe high-quality companies that excel at creating value for others and trade at a discount to intrinsic value offer superior long-term risk-adjusted returns.


Investment Process

There is no guarantee that the Adviser's Investment Process will produce the desired results. All investments involve risks, including possible loss of capital.


V A L U A T I O N A N A L Y S I SMeasure intrinsic value. Identify securities with sustainable income potential that

are trading at a discount to our estimate of intrinsic value.

R I S K M A N A G E M E N TConstruct portfolio with goals of

diversification across asset classes and low market sensitivity.

M A C R O P O S I T I O N I N GPosition portfolio based on macro

views (economic indicators, valuation, and sentiment).

E V E N T I D E M U L T I - A S S E T I N C O M E F U N DOur best ideas for income. Continue to monitor investment case. Adjust

position size and price targets to reflect changes in fundamentals.

I D E A G E N E R A T I O NDevelop a macro view of income asset classes and sectors.

Identify industries best positioned for participation. Quantitatively screen for companies with attractive metrics in desired industries.

Q U A L I T A T I V E A N A L Y S I SSeek attractive income producing

companies through an assessment of competitive advantages,

management teams, industry positioning, and value creation.

F I N A N C I A L A N A L Y S I SLook for companies with financial strength and income sustainability

by analyzing historical financial performance and modeling future

financial performance.

Idea Generation

• Understand the big picture of income asset classes and sectors.• Discern attractive long-term secular investment themes.• Leverage consultants, industry experts, Key Opinion Leaders.• Review industry specific reports, trends, and third party research.• Use quantitative screening to identify attractively valued companies.• Study competitors, suppliers, and customers of existing holdings.• Identify companies best positioned for participation.

S T A R T W I T H T H E M E S , T H E N I D E N T I F Y C O M P A N I E S B E S T P O S I T I O N E D F O R P A R T I C I P A T I O N

The Adviser's judgment about industries, secular themes, and particular companies may prove to be incorrect. There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.


Secular Investment Themes

1. Renewable Energy2. Global Infrastructure3. Clean Buildings4. Ethical Lending5. Energy Availability6. Energy Efficiency7. Industrial Automation8. Transportation (including Automotive)9. Re-Insurance

I N V E S T I N T H E M E S P O S I T I O N E D T O M E E T I M P O R T A N T H U M A N N E E D S

The Adviser's judgment about industries, secular themes, and particular companies may prove to be incorrect. There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.


+ Proprietary assets+ Innovation/new product

development+ Culture/business model+ Customer relationships+ Economies of scale

G R E A TM A N A G E M E N T

T E A M S

ü Focused on long-term value creation from pursuing the right strategies and from capital allocation

ü Clearly communicate their strategyü Get employees to implement strategyü Are properly incentivized

A T T R A C T I V EI N D U S T R I E S

1. Competitors are disciplined/rational2. There are high barriers to entry3. Bargaining power with suppliers4. Bargaining power with customers5. Low threat of substitutes or from

disruptive innovation

Porter’s5 Forces

C R E A T I N GC O M P E L L I N G V A L U E

ü Products/services serve society and authentic human flourishing

ü Focused on stakeholder value creation

ü Human-centered operations strategies

ü Rich organizational culture

S O U R C E S :

• Publicly available sources (10Ks, 10Qs, earnings reports, press releases, conference calls, proxies)

• Publicly available industry sources (industry organizations, government data, market research firms)

• Meetings with company management

• Independent research (expert networks; talking with competitors, stakeholders, and industry observers)

Qualitative Analysis

• Sustainable competitive advantages• Great management teams• Attractive industries• Creating compelling value

L O O K F O R “ H I G H - Q U A L I T Y ” C O M P A N I E S

The Adviser's judgment about the quality of a particular company may prove to be incorrect. There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.

S U S T A I N A B L E C O M P E T I T I V EA D V A N T A G E S


• Analyze historical financial results and distribution policy.• Model future financial results and distribution potential:

• Compare our estimates with market consensus to assess opportunity.

Q U A L I T I E S :

ü Attractive income generating characteristics

ü Revenue and Earnings growth that is consistent and repeatable

ü Stable business model

ü Operating Margins that are stable or increasing

ü Strong Balance Sheet

ü Positive Free Cash Flow

F I N A N C I A L S T A T E M E N T A N A L Y S I S :

• Income Statement

• Balance Sheet

• Cash Flow Statement

M O D E L I N G F U T U R E R E S U L T S :

• Income Distribution potential

• Distribution Coverage

• Free Cash Flow

Financial AnalysisL O O K F O R C O M P A N I E S W I T H L O N G - T E R M F I N A N C I A L S T R E N G T H

The Adviser's analysis may prove to be incorrect. There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.


We believe the best way to measure the intrinsic value of a company is with Discounted Cash Flow valuation analysis.

This takes into account the magnitude, timing, and risk of future free cash flows, discounted to today based on the company’s cost of capital. It also takes into account the sustainability of its competitive advantages (reflected in the fade rate).

Valuation Analysis

• Measure intrinsic value through Discounted Cash Flow analysis.

• Build DCF model using forecast assumptions and then probability-adjust the calculated net present value based on our qualitative assessment of the company.

• Identify securities with sustainable income potential that are trading at a discount to our estimate of intrinsic value.

L O O K F O R S E C U R I T E S W I T H S U S T A I N A B L E I N C O M E P O T E N T I A L



Portfolio Construction, Risk Management

• Construct portfolio with goals of diversification across asset classes and diversification by income source while maintaining low correlation to broad equity and bond markets.

• Use alternative income categories to supplement traditional income paying stocks.• Position portfolio using cash and other tools to allow security selection to mesh with our macro views at

the portfolio level.• Establish macro views through synthesis of three data streams: economic indicators, valuation metrics

(including relative yield), and sentiment indicators

C O N S T R U C T P O R T F O L I O , M A N A G E F O R R I S K

There is no guarantee that the Adviser's approach will produce the desired results. All investments involve risk, including the possible loss of principal.

F O R F I N A N C I A L P R O F E S S I O N A L S :

• FullpresentationofmacroviewsandplaybookonEventidePMCalls.

• TobeincludedinEventidePMCallinvitations,orforaccesstothearchiveofpastCalls,[email protected].


Eventide Multi-Asset Income Fund

• Portfolio represents our best ideas for income• Continuously monitor portfolio allocation and holdings, re-examining investment case.• Tilt beta and asset class exposure based on macro and micro views. • Adjust position size, estimates, and price targets to reflect changes in fundamentals.

A C T I V E L Y M O N I T O R P O R T F O L I O

There is no guarantee that the Adviser's approach will produce the desired results. All investments involve risk, including the possible loss of principal.


Sell Discipline

• Investment thesis failure.• No longer meets Eventide’s Business 360 criteria.• Price target achieved • More attractive use of capital elsewhere.• Changes in outlook for income stability

C O N T I N U O U S L Y S C R U T I N I Z E I N V E S T M E N T C A S E

For informational purposes only. There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.


Composition

4. Fund allocation percentages are subject to change at any time, and should not be considered investment advice.



Return A: ETAMX | C: ETCMX | I : ETIMX | N: ETNMX


Performance is historical and does not guarantee future results. Investment return and principal value will fluctuate with changing market conditions so that when redeemed shares may be worth more or less than their original cost. Current performance may be lower or higher than the data quoted. Investors cannot directly invest in an index and unmanaged index returns do not reflect any fees, expenses, or sales charges. To obtain the most recent month-end performance information and a current Eventide Multi-Asset Income Fund prospectus please call the fund toll free at 1-877-771-EVEN (3836).Eventide Multi-Asset Income Fund expenses: Class A, Gross Expenses 1.73%, Net Expenses 1.51%; Class C, Gross Expenses 2.48%, Net Expenses 2.26%; Class I, Gross Expenses 1.48%, Net Expenses 1.26%; Class N, Gross Expenses 1.68%, Net Expenses 1.46%. The Advisor has contractually agreed to waive fees and/or reimburse expenses of the Fund through 31 October 2018. The agreement may only be terminated by the Fund's Board of Trustees on 60 days’ written notice. 2. The numbers shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. 6. Performance figures for periods greater than 1 year are annualized. Annualized since inception returns assume an inception date of July 15, 2015. 7. The Multi-Asset Income Blend is a proprietary Eventide benchmark based on 60% MSCI All Country World Index (Net), 40% Barcap Aggregate Bond Index at inception, rebalanced monthly. The MSCI World All-Country World Index (Net) captures large and mid cap representation across 23 developed markets and 23 emerging markets. The volatility of the indices may be materially different than that of the fund, and investors should not expect the fund to achieve the same results as the indices listed.

Distributions

Performance is historical and does not guarantee future results. Investment return and principal value will fluctuate with changing market conditions so that when redeemed shares may be worth more or less than their original cost. Current performance may be lower or higher than the data quoted. Investors cannot directly invest in an index and unmanaged index returns do not reflect any fees, expenses, or sales charges. To obtain the most recent month-end performance information and a current Eventide Multi-Asset Income Fund prospectus please call the fund toll free at 1-877-771-EVEN (3836).2. The numbers shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. 3. The table displays the Eventide Multi-Asset Income Fund Class N’s dividend and capital gains distributions for the periods shown. The distributions will differ for other fund classes, based upon fees and commissions. The total distribution may represent dividend and interest income, capital gains, and/or return of capital. Shareholders should not assume that the source of a distribution from the fund is net profit. The characterization of income is an estimate only and subject to change for tax purposes. 4. NAV presented is as of the date of the respective quarter end. 5. Source: Morningstar, Inc.



Market Risk

5. Source: © Morningstar, Inc. (2017). All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Prior to June 30, 2017, this summary sheet sourced market risk data from Zephyr StyleADVISOR. Other updates to this summary sheet include information intended to help investors assess performance and risk factors associated with the fund’s benchmarks. The performance and risk factor comparisons are against the S&P 500 Total Return Index (“Index”). Alpha is a measure of performance on a risk-adjusted basis. It takes the volatility (price risk) of a fund and compares its risk-adjusted performance to the Index. Any excess return of the fund relative to the return of the Index is a fund’s alpha. Beta is a measure of the volatility of a fund relative to the Index. A beta greater than 1 is more volatile than the Index. R-Squared measures how a fund’s performance correlates with the Index’s performance and it can help assess how likely it is that beta is statistically significant. Standard Deviation of return measures the amount of variation in historical performance from period to period.6. Since inception market risk details assume inception date of 1 August 2015 and not Class N’s actual inception date of 15 July 2015, as only full month data is included in the market risk calculations.



Morningstar Ratings

© 2018 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Morningstar is an independent provider of financial information.Rankings pertain to Eventide Multi-Asset Income Fund Class N Shares.Sustainalytics provides company-level analysis used in the calculation of Morningstar’s Sustainability Score. The Morningstar Sustainability Rating is derived from the Morningstar® Portfolio Sustainability ScoreTM, which is calculated based on company-level ESG scores and company involvement in ESG-related controversies, using Sustainalytics ESG data. Sustainalytics has five “Research Types”: Comprehensive, Core, No Data, No Access, and Research in Progress. Eventide will include Sustainability ratings for funds for which more than 50% of the holdings have the “Comprehensive” Research Type.Past performance or ranking is not indicative of future results.

Sustainability Rating

Top 2% in Category (171 funds)

Allocation–50% to 70% Equity

for November 30, 2017



Top 73% 1yr returns (810 funds)

Percentile Ranking

Allocation--50% to 70% Equity

for December 31, 2017based on total returns

L I T E R A T U R E

For Fund literature or prospectus, please contact [email protected].

P L A T F O R M A V A I L A B I L I T Y & S A L E S A G R E E M E N T S

For Fund platform availability inquiries or to initiate a sales agreement, please contact Harry Nelson at [email protected] or 877-771-3836, x53.


R O L E

Mr. Ranck serves as a Regional Sales Director for Eventide. He is responsible for external sales and distribution in the Midwest.

Richard Ranck, CIMA®

Lans Slack Cole Pearson

R O L E

Mr. Slack serves as a Regional Sales Director for Eventide. He is responsible for external sales and distribution in the Southeast.

R O L E

Mr. Pearson serves as a Regional Associate for Eventide. He is primarily responsible for supporting all members of the distribution team.

R O L E

Mr. Nelson serves as the Director of Distribution for Eventide. Harry is responsible for leading sales and distribution and overseeing coordination between sales, marketing, and advisory services.

HarryNelson, CIMA®

Jeff Cave, CIMA®

R O L E

Mr. Cave serves as the Director of Institutional Markets for Eventide. He is responsible for institutional sales and client service.

Distribution Team



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Important InformationMutual Funds involve risk including the possible loss of principal.

Past performance does not guarantee future results. The Funds’ ethical values screening criteria could cause it to under-perform similar funds that do not have such screening criteria. The Funds can have risk related to option investing. There are special risks associated with investments in foreign companies including exposure to currency fluctuations, less efficient trading markets, political instability and differing auditing and legal standards.

The Eventide Gilead Fund & Eventide Healthcare & Life Sciences Fund can invest in smaller-sized companies which may experience higher failure rates than larger companies and they normally have a lower trading volume than larger companies. The Funds can also have risk associated with the biotechnology and pharmaceutical industry in which these companies may be heavily dependent on clinical trials with uncertain outcomes and decisions made by the U.S. Food and Drug Administration. The Funds can invest in private companies. Private investments include various risks including but not limited to lack of liquidity, capital commitment risk, and valuation risk. Private companies may not be financially profitable and have uncertain futures, subjecting them to additional risks. Investors in the Gilead Fund should be aware that companies in the technology industries have different risks including but not limited to products becoming obsolete, and entrance of competing products. Companies in the Industrial Sector also carry various risks including, but not limited to, risk related to debt loads and intense competition.


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Important InformationInvestors in the Eventide Multi-Asset Income Fund should be aware that interest rates are at historic lows and may change at any time based on government policy. In general, the price of a fixed income security falls when interest rates rise. A rise in interest rates may result in volatility and increased redemptions, which in turn could result in the fund being forced to liquidate portfolio securities at disadvantageous prices. Longer-term securities may be more sensitive to changes in interest rates. The intermediate-term bond portion of the Multi-Asset Income Fund’s portfolio may represent 0% to 100% of the Fund’s portfolio with an average duration of between two and eight years. The Eventide Multi-Asset Income Fund may invest in other funds. If other funds are utilized, such underlying funds are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. As a result, your cost of investing in the Fund will be higher than the cost of investing directly in underlying funds and may be higher than other mutual funds that do not invest in underlying funds. The Fund may invest, directly or indirectly, in “junk bonds.” Such securities are speculative investments that carry greater risks than higher quality debt securities. There are unique risks associated with REITs, preferred stocks, convertible bonds, and BDCs that are covered in the Fund's prospectus and SAI.

The Eventide Multi-Asset Income Fund and Eventide Global Dividend Opportunities Fund can invest in MLPs and Yieldcos. MLPs carry unique risks including risks surrounding its tax status and risk pertaining to rising interest rates, both of which can negatively impact share price. Yieldcos carry different risks including Yieldco Sponsor Risk and cash flow risk. The Eventide Global Dividend Opportunities Fund is a new mutual fund and has a limited history of operations for investors to evaluate.


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Important InformationAn investor should consider a fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information can be found in the prospectus, which can be obtained at www.eventidefunds.com or by calling 1-877-771-EVEN (3836). Please read the prospectus carefully before investing. Eventide Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA, which is not affiliated with Eventide Asset Management, LLC.


Eventide Asset Management, LLC | One International Place, Ste. 3510 | Boston, MA 02110 | 877-771-EVEN (3836) | E V E N T I D E F U N D S . COM

2/7/18 © Eventide Asset Management, LLC. 3182-NLD-2/7/2018 30

C R E A T E V A L U E

Appendix


Martin Wildy, CFAPortfolio Manager

Mr. Wildy serves asleadportfoliomanagerfortheEventideMulti-AssetIncomeFundandtheGlobalDividendOpportunitiesFund. Prior to joining Eventide in 2015, Mr. Wildy was a Senior Portfolio Manager with Aris Wealth Services, a division of AssetMark, Inc. where he worked since September 2006. Mr. Wildy served on Aris’s Investment Committee and was responsible for investment decisions that impacted a number of the firm’s investment strategies, including Aris’ Income Builder and values-based portfolios. In his role, Mr. Wildy’s responsibilities included developing capital market assumptions, asset allocation decisions, investment due diligence, and portfolio management Previously, Mr. Wildy was an equity analyst at 1620 Investment Advisors, Inc. where he was responsible for equity research and recommendations primarily within the telecommunication, technology, and regional banking sectors. Mr. Wildy holds a bachelor’s degree from the Pennsylvania State University in Finance and has held the Chartered Financial Analyst (CFA) designation since 2003. In addition to his role at Eventide, Mr. Wildy is an active volunteer and consultant with the CFA Institute supporting the CFA examination process as well as the CFA Digest publication.

Investment Team Bios



Colin DelaneyDirector of Portfolio Operations, Product Specialist

Colin Delaney serves as Director of Portfolio Operations and is a Product Specialist for the Advisory Services team at Eventide. In his role in Portfolio Operations, Mr. Delaney works closely with the Fund's Portfolio Managers and the investment team to help implement their investment strategies. In his role as Product Specialist, Mr. Delaney acts as a link between Eventide's investment team and our client Advisors, helping them understand the portfolio's investments and strategies.

Prior to Eventide, Mr. Delaney was a Senior Vice President at Jefferies LLC, where he served as a sales trader and client relations manager. In nearly 15 years at Jefferies, he was able to participate in a broad range of investment activities giving him a deep and wide understanding of the complete investment process. Mr. Delaney has a degree in Economics from St. Lawrence University.

David Dirk, CFAPortfolio Manager for Boyd Watterson, Fixed Income Sub-Adviser for the Eventide Multi-Asset Income Fund

David Dirk is co-Director of Fixed Income for Boyd Watterson with responsibility for directing all Portfolio Management and Trading activity. This includes the implementation, execution and evaluation of all strategies across Boyd Watterson's suite of fixed income products. Mr. Dirk joined Duff & Phelps, predecessor to Boyd Watterson Asset Management, in 1996. David holds a CFA Charter from CFA Institute, an MBA from Case Western Reserve University, and a BA from Baldwin-Wallace College. He is also a member of the CFA Society of Cleveland and CFA Institute. David has 18 years of industry experience.

Our Investment Philosophy


We believe high-quality companiesthat excel at creating value for others and trade at a discount to intrinsic value offer superior long-term risk-adjusted returns.





T E A M S





Porter’s5 Forces










We believe high-quality companies that excel at creating value for othersand trade at a discount to intrinsic value offer superior long-term risk-adjusted returns.






T E A M S






Porter’s5 Forces








We believe the best way to measure the intrinsic value of a company is with Discounted Cash Flow valuation analysis. This takes into account the magnitude, timing, and risk of future free cash flows, discounted to today based on the company’s cost of capital. It also takes into account the sustainability of its competitive advantages (reflected in the fade rate) and our differentiated view from the market:

We believe high-quality companies that excel at creating value for others and trade at a discount to intrinsic value, offer superior long-term risk-adjusted returns.

2/7/18 © Eventide Asset Management, LLC.35

A “great” company that we think will sustain superior returns for longer than the market anticipates.

A company that we think can improve its returns more than the market expects.

Market overreaction to a temporary negative.

Market underreaction to a positive change.

Underfollowed stocks.

Documents

Eventide Multi-Asset Income Fund...Dec 31, 2017 · The Eventide Multi-Asset Income Fund incorporates Eventide’s Business 360 framework to analyze companies across six key stakeholders