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EAS Crow Point Alternatives & Crow Point Alternate Income Funds share reclassifications

https://www.sec.gov/Archives/edgar/data/1319067/000138713118006194/eas-497_111418.htm

497 1 eas-497_111418.htm DEFINITIVE MATERIALS

360 FUNDS

EAS Crow Point Alternatives Fund (the “Fund”)

Class A Shares (Ticker Symbol: EASAX)
Class C Shares (Ticker Symbol: EASYX)
Class I Shares (Ticker Symbol: EASIX)

Supplement dated November 14, 2018

To the Fund’s Prospectus and Statement of Additional Information dated August 28, 2018

1.Re-Designation and Elimination of Fund Share Classes

On January 28, 2019 (the “Effective Date”), the Fund’s Class A shares will be re-designated as Investor Class shares, and the Fund’s Class I shares will be re-designated as Institutional Class shares. Unlike the Class A shares, the Investor Class shares will not impose any front-end loads or contingent deferred sales charges.

Also on the Effective Date, the Fund’s Class C shares will be eliminated from the Fund.

2.Change of Fiscal Year End

On May 1, 2018, the Fund’s fiscal year end changed from April 30th to September 30th.

* * * * * *



PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

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https://www.sec.gov/Archives/edgar/data/1319067/000138713118006191/crowpoint-497_111418.htm


497 1 crowpoint-497_111418.htm DEFINITIVE MATERIALS

360 FUNDS

Crow Point Alternative Income Fund (the “Fund”)

Ticker Symbol: AAIFX

Supplement dated November 14, 2018

To the Fund’s Prospectus and Statement of Additional Information,

dated January 29, 2018, as supplemented

This supplement serves as notification of, and provides information regarding, certain proposed changes to the Fund to be effective as of January 28, 2019 (the “Effective Date”).

1.Re-Designation and Addition of Fund Share Classes

On the Effective Date, the Fund’s single current share class will be re-designated as Investor Class, and a new Institutional Class will be added to the Fund.

* * * * * *

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.
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