Alternative Fund Advisors, LLC

Alternative Fund Advisors ("AFA") is the investment manager of the AFA Asset Based Lending Fund (AMCLX), an interval fund that enables individual investors to access private investments with the convenience of a registered fund. The AFA Asset Based Lending Fund focuses on loans to lower middle market borrowers with specialized needs, a less competed segment of the overall private credit market. AFA partners with institutional-quality specialty boutique managers to source loans for its portfolio. The AFA Asset Based Lending Fund is distributed by Foreside Distributors, LLC. To learn more, please visit www.alternativefundadvisors.com. INVESTORS SHOULD CAREFULLY CONSIDER THE FUND’S INVESTMENT OBJECTIVES, RISKS, CHARGES, AND EXPENSES BEFORE INVESTING. THIS AND OTHER IMPORTANT INFORMATION IS INCLUDED IN THE FUND PROSPECTUS AND CAN BE ACCESSED BY CALLING 800-452-6804 OR VISITING www.alternativefundadvisors.com. READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST. Investing involves risk; Principal loss is possible. Foreside Fund Services, LLC, distributor.