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The first St. Joseph's Church was built in 1688-89 in the area we now know as Chipman Corner. It was situated on the north-east corner of the crossroads where there is now a cemetery of the Congregational and Presbyterian Meeting House that was built in 1

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g term. It is the medium term (?Business Cycle?) and long term (?Kondratiev?) waves that concern us when allocating client capital.The duration of a typical long wave economic cycle is 50 to 60 years whereas the duration of a medium term business cycle is 6 to 10 years. Therefore, it stands to reason, that in any given long wave cycle, there should be 6 to 8 underlying business cycles. Wave Cycle Mutual Funds believes that by studying the history of these various economic cycles including the respective economic data (interest rates, inflation etc), quantitative models can be built to assist in forecasting which asset class (small/mid cap, large cap, fixed income etc) and investment style (value, growth, momentum etc) will outperform over the forthcoming twelve months. Wave Cycle employs a combination of quantitative models and qualitative input from respected economic ?think tanks? to help us make tactical asset allocation decisions.We rely on respected and reputable sub-advisors to manage the specific asset classes, which we believe will outperform during the respective phases of the business cycle