0001215880 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:C000273381Member 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:RisksOfExchangeTradedFundsAndMutualFundsMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:GeneralRisksMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:ManagementRiskMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:ForeignRiskMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:EmergingMarketsRiskMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:CommonStockRiskMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:GrowthInvestingRiskMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:ValueInvestingRiskMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:SmallAndMidCapitalizationCompaniesRiskMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:SectorRiskMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:LimitedHistoryOfOperationsRiskMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member neimanfundscom:LargeCapitalizationCompaniesRiskMember 2026-05-11 2026-05-11 0001215880 neimanfundscom:S000102861Member oef:RiskLoseMoneyMember 2026-05-11 2026-05-11 iso4217:USD pure false 485BPOS 2026-05-11 0001215880 N-1A NEIMAN FUNDS 2026-05-11 Summary Section – Advisors Capital International ETF Fund Investment Objective The Advisors Capital International ETF Fund (the "Fund") seeks long-term capital appreciation. Fees and Expenses of the Fund The following table describes the expenses and fees that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and example below. Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) 0.0162 0.0015 0.0010 0.0187 Acquired Fund Fees and Expenses are estimated for the Fund’s first fiscal year. Expense Example The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% annual return each year and that the Fund's operating expenses remain the same each year. Although your actual costs may be higher or lower, based on these assumptions your costs would be: 190 588 Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. Because the Fund has not yet commenced operations as of the date of this prospectus, no turnover information is available. 0 The Principal Investment Strategy of the Fund Under normal circumstances, the Fund invests at least 80% of its assets (defined as net assets plus borrowing for investment purposes) in exchange-traded funds (“ETFs”). The Fund invests primarily in the common stocks of international companies of any capitalization by using ETFs and mutual funds in different combinations and weightings. The ETFs and mutual funds (“Underlying Funds”) each invest primarily in the common stock of international companies of varying market capitalizations, sectors and strategy themes. The Fund defines international companies as: (i) those organized outside the U.S.; (ii) having a class of securities whose principal securities market is outside the U.S.; or (iii) deriving 50% or more of total revenues or earnings from goods produced, sales made, or services provided outside the U.S., or maintaining 50% or more of its employees, assets, investments, operations, or other business activity outside the U.S. The Fund’s investment advisor delegates execution of the Fund’s investment strategy to Advisors Capital Management, LLC (the “Sub-Advisor”). The Sub-Advisor employs a fund of funds strategy focused on ETFs. The Underlying Funds selected typically follow an index-tracking strategy, however, the Sub-Advisor may also use actively managed Underlying Funds. The Sub-Advisor seeks to construct a portfolio of Underlying Funds that represent various themes and sub-strategies that it believes will produce above average risk-adjusted returns when compared to the international equity market as a whole. Underlying Funds include those that track an equity index focused on specific countries or regions. This may include those that track equity indices focused on specific market capitalizations, specific investment styles (for example growth or value), or limits on expected volatility. The Sub-Advisor seeks to focus on stocks of international companies, but there are no restrictions on the type of equity index-tracking Underlying Funds that the Sub-Advisor may choose. The Sub-Advisor uses SEC Filings, computer databases, industry publications, general and business publications, brokerage firm research reports and other information sources to gather information used in its fundamental analysis of the economy, sectors and regions within the Underlying Funds. The Fund is typically structured with 5 to 15 Underlying Funds. The Fund is diversified, investing in multiple countries/regions and is non-constrained by industry or sector. The Sub-Advisor uses statistical analysis to avoid what it believes are over exposures to individual industry or country risk factors. The Sub-Advisor regularly reviews each of the Underlying Funds in the portfolio to confirm that each Underlying Fund continues to be consistent with the investment objective of the Fund. The Sub-Advisor generally considers expenses, liquidity, and management tenure when evaluating Underlying Funds. The Sub-Advisor primarily sells an Underlying Fund to adjust asset allocation but may also do so when a lower cost Underlying Fund becomes available. Under normal circumstances, the Fund invests at least 80% of its assets (defined as net assets plus borrowing for investment purposes) in exchange-traded funds (“ETFs”). The Fund invests primarily in the common stocks of international companies of any capitalization by using ETFs and mutual funds in different combinations and weightings. Risks of Exchange Traded Funds and Mutual Funds. The Fund will indirectly bear its proportionate share of any expenses (such as operating expenses and advisory fees) that may be paid by the Underlying Funds. These expenses would be in addition to the advisory fee and other expenses that the Fund bears in connection with its own operations. Investment in an ETF carries security specific risk and the market risk. Also, if the area of the market representing the underlying index or benchmark does not perform as expected for any reason, the value of the investment in the ETF may decline. In addition, due to transactions via market prices rather than at net asset value, the performance of an ETF may not completely replicate the performance of the underlying index. General Risks. Domestic and foreign economic growth and market conditions, interest rate levels, and political events are among the factors affecting the securities markets in which the Fund invests. There is the risk that these and other factors may adversely affect the Fund's performance. You could lose money by investing in the Fund. Additionally, unexpected local, regional or global events, such as war; acts of terrorism; financial, political or social disruptions; natural, environmental or man-made disasters; the spread of infectious illnesses or other public health issues; and recessions and depressions could have a significant impact on the Fund and its investments and may impair market liquidity. Such events can cause investor fear, which can adversely affect the economies of nations, regions and the market in general, in ways that cannot necessarily be foreseen. You could lose money by investing in the Fund. Management Risk. The Sub-Advisor's implementation of the Fund's strategy may fail to produce the intended results. Although the Sub-Advisor has sub-advised other mutual funds, the Sub-Advisor has not managed a mutual fund with this specific strategy. Foreign Risk. Foreign investments can involve significant risks in addition to the risks inherent in U.S. investments. These risks include adverse political, social and economic developments, differing auditing and legal standards, war, expropriation and nationalization. Emerging Markets Risk. Foreign issuer risks are more pronounced in emerging market countries, which are generally those with per capita income less than half that of the U.S. Emerging market countries may have different regulatory, accounting, auditing, and financial reporting and record keeping standards and may have material limitations on Public Company Accounting Oversight Board (“PCAOB”) inspection, investigation, and enforcement. Common Stock Risk. Overall stock market risks may affect the value of the Fund. Factors such as domestic economic growth and market conditions, interest rate levels, and political events affect the securities markets. When the value of the Fund's investments goes down, your investment in the Fund decreases in value and you could lose money. Growth Investing Risk. If the Sub-Advisor's perception of an Underlying Fund that focuses on growth companies is wrong, the Underlying Fund may not perform as expected, reducing the Fund's return. Value Investing Risk. Value investing attempts to identify companies selling at a discount to their intrinsic value. Value investing is subject to the risk that a company's intrinsic value may never be fully realized by the market or that a company judged by the Sub-Advisor to be undervalued may actually be appropriately priced. Small- and Mid-Capitalization Companies Risk. The Fund may invest in Underlying Fund that hold stocks of small- and mid-capitalization companies, which may subject the Fund to additional risks. The earnings and prospects of these companies are generally more volatile than larger companies. Small- and mid-capitalization companies may experience higher failure rates (bankruptcy) than do larger companies. The trading volume of securities of small- and mid-capitalization companies is normally less than that of larger companies and, therefore, may disproportionately affect their market price, tending to make them fall more in response to selling pressure than is the case with larger companies. Sector Risk. Sector risk is the possibility that all stocks within the same group of industries will decline in price due to sector-specific market or economic developments. The Fund may be overweight in certain sectors at various times. Limited History of Operations Risk. The Fund is recently formed. Accordingly, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy, may not employ a successful investment strategy, or may fail to attract sufficient assets to realize economies of scale, any of which could result in the Fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders. Such liquidation could have negative tax consequences. Large Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. Performance History Past performance (before and after taxes) of the Fund is no guarantee of how it will perform in the future. Past performance provides some indication of the risks of investing in the Fund. There is no performance information for the Fund since the Fund has not completed one full calendar year of operation as of the date of this prospectus. Performance data current to the most recent month end may be obtained by calling 1-888-247-3841. Past performance (before and after taxes) of the Fund is no guarantee of how it will perform in the future. There is no performance information for the Fund since the Fund has not completed one full calendar year of operation as of the date of this prospectus. 1-888-247-3841 The Fund may pay 12b-1 fees of up to 0.25%. However, these fees will not increase for at least one year. Shareholders will be given advanced notice of any increase. Acquired Fund Fees and Expenses are estimated for the Fund’s first fiscal year.