RiverPark Large Growth Fund Investor Presentation — June 2021

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RiverPark Large Growth Fund

Second Quarter 2021 Performance Summary

Performance: Net Returns as of June 30, 2021

Institutional Class (RPXIX) 13.11% 15.94% 52.49% 28.19% 26.62% 17.82% 17.95%

Retail Class (RPXFX) 13.04% 15.77% 52.05% 27.84% 26.29% 17.51% 17.65%

Morningstar Large Growth Category 10.34% 12.81% 41.56% 22.15% 21.40% 15.41% 16.02%

Russell 1000 Growth Total Return Index 11.93% 12.99% 42.50% 25.14% 23.66% 17.87% 18.46%

S&P 500 Total Return Index 8.55% 15.25% 40.79% 18.67% 17.65% 14.84% 15.44%

Inception date of the Fund was September 30, 2010. Performance quoted represents past performance and does not

guarantee future results. The investment return and principal value of an investment will fluctuate so that an

investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may

be higher or lower than the performance quoted. High short -term performance is unusual and investors should not

expect such performance to be repeated. For performance data current to the most recent month end, please visit

the website at www.riverparkfunds.com or call 1 -888-564-4517. Gross expense ratios, as of the prospectus dated

1/28/2021, for Institutional and Retail classes are 0. 93% and 1. 23%, respectively.

Index performance returns are for illustrative purposes only and do not reflect any management fees, transaction

costs, or expenses. Indexes are unmanaged and one can not invest directly in an Index .

The second quarter of 202 1 was a strong period for the markets as the S&P 500 Total Return

Index (“S&P”) advanced 8.5% for the period. In a reversal of this year’s first quarter, growth

stocks led the market advance as the Russell 1000 Growth Total Return Index (“RLG”) returned

11.9% for the period as compared to the 5.2% ad vance for the Russell 1000 Value Total Return

The RiverPark Large Growth Fund (the “Fund”) also had a strong quarter, generating a total

return of 13.1% for the period . This brings our first half 2021 return to 15.9% which compare s

well w ith the 15. 3% total return for the S&P 500 and the 13.0% return for the RLG for the first

For the quarter, our top contributors included alternative asset managers Blackstone and Apollo ,

as well as internet media and ecommerce companies Snap, Shopify and Alphabet . We had

relatively few detractors from performance this quarter , with only ride sharing and food delivery

pioneer Uber detract ing from performance by more than 15 basis points. We discuss our