The Acadia Mutual Funds

PRIVACY POLICY

Commitment to Consumer Privacy

Acadia is committed to handling client and investor information responsibly. We understand that information that personally identifies you is important to you and we are committed to maintaining the confidentiality, integrity and security of your personal information.

Collection of Consumer Information

Acadia collects and retains personal information only when it is allowed by law and when we reasonably believe it would be useful to better serve our clients and investors. We collect non-public information from:

• Account applications and other forms that you submit to Acadia;
• Correspondence, written or electronic, and/or telephone contacts with us;
• The transaction history of client and investor account(s) with Acadia;
• Information made available from a third party (i.e. IRA transfer applications).

Non-public personal information that we collect includes, but is not limited to:


• Client names, addresses, and telephone numbers; and
• Social security numbers and/or tax identification numbers.

Disclosure of Consumer Information

We do not disclose a client or investor's information to anyone, except regulatory agencies, companies that are or would be service providers and/or tax authorities as required by law. Acadia employees may not disclose any non-public personal information about its clients or former clients to anyone other than appropriate regulatory authorities, Acadia's attorneys, accountants, administrators, auditors or another Acadia employee without the authorization of the Trust's Chief Compliance Officer. All disclosure of such non-public personal information should be limited to the extent necessary or appropriate.

Security of Consumer Information

We restrict access of client and investors' records to those employees and service providers who are involved in administering these accounts. Acadia upholds policies and procedures designed to assure only authorized entrance to and use of investor information. We consistently maintain physical, electronic and procedural safeguards that comply with federal standards to protect the information that clients and investors have given to us, including password-protected access. These safeguards are reviewed, no less frequently than annually, by the Chief Compliance Officer. We require our service providers to maintain policies, procedures and safeguards designed to secure our clients' and investors' information.

Application of Policy

Our privacy policy applies only to clients and Fund investors who have a direct customer relationship with us. If an investor owns Fund shares through a relationship with a third-party broker, bank, investment adviser, or other financial service provider, such third party's privacy policies may apply to that investor and our privacy policies may not.

Privacy Policy Notice

Acadia is required to furnish this policy to clients and investors initially before they become clients and annually thereafter. Acadia also will provide a renewed privacy policy if the policy undergoes changes.