0000919160 2025-12-31 2025-12-31 0000919160 ck0000919160:S000005895Member 2025-12-31 2025-12-31 0000919160 ck0000919160:S000005895Member ck0000919160:C000016119Member 2025-12-31 2025-12-31 0000919160 ck0000919160:S000005895Member ck0000919160:C000161072Member 2025-12-31 2025-12-31 iso4217:USD pure Guinness AtkinsonTM Funds GLOBAL INNOVATORS FUND (Institutional Class: GINNX) (Investor Class: IWIRX) Supplement dated July 1, 2026, to the Prospectus, Summary Prospectus and Statement of Additional Information (“SAI”) each dated April 30, 2026 Reduction of Management Fee Effective immediately, Guinness AtkinsonTM Asset Management, Inc. (the “Adviser”) has lowered its management fee from 0.75% to 0.65% of the Fund’s average daily net assets. Accordingly, the Fund’s Summary Prospectus, Prospectus and SAI for the mutual fund share classes are supplemented by replacing the “Fees and Expenses” table and the “Example” with the following: Fees and Expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shares of the Global Innovators Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and example below. <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr> <td style="vertical-align: top; width: 60%; border-top: Black 1pt solid; border-right: Black 1pt solid; padding-left: 0.75in; text-align: left; text-indent: -0.5pt"> </td> <td style="vertical-align: bottom; width: 20%; border-top: Black 1pt solid; border-right: Black 1pt solid; text-align: center; text-indent: 0in">Investor Class</td> <td style="vertical-align: top; width: 20%; border-top: Black 1pt solid; text-align: center; text-indent: 0in">Institutional Class</td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left; text-indent: 0in">Shareholder Fees (fees paid directly from your investment)</td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in">None(1)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in">None(1)</td></tr> </table> <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr> <td colspan="3" style="vertical-align: top; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left; text-indent: 0in">Annual Fund Operating Expenses(2) (expenses that you pay each year as a percentage of the value of your investments)</td> <td style="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in"> </td> <td style="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in"> </td></tr> <tr> <td style="vertical-align: top; width: 60%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: left">Management Fees:</td> <td style="vertical-align: top; width: 10%; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="width: 10%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center">0.65%</td> <td style="vertical-align: top; width: 10%; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="width: 10%; border-bottom: Black 1pt solid; text-align: center">0.65%</td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Distribution (12b-1) Fees:</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">None</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">None</td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Other Expenses: </td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">0.59%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">0.43%</td></tr> <tr> <td style="padding-left: 10pt; vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Shareholder Servicing Plan Fees</td> <td style="border-bottom: Black 1pt solid; text-align: center">0.20%</td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">None</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td></tr> <tr> <td style="padding-left: 10pt; vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Interest and Tax Expense</td> <td style="border-bottom: Black 1pt solid; text-align: center">0.01%</td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">0.01%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td></tr> <tr> <td style="padding-left: 10pt; vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">All Other Expenses</td> <td style="border-bottom: Black 1pt solid; text-align: center">0.38%</td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">0.42%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Total Annual Fund Operating Expenses:</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">1.24%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">1.08%</td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Fee Waiver/Expense Reimbursement:(3)</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">(0.00)%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">(0.08)%</td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement:(3)</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">1.24%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center">1.00%</td></tr> </table> <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%; border-spacing: 0px;"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"> </td> <td style="vertical-align: top; width: 0.25in; text-align: left">(1)</td><td style="text-align: justify">The Fund charges a $15 fee for each payment of redemption proceeds by wire transfer.</td> </tr></table> <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%; border-spacing: 0px;"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"> </td> <td style="vertical-align: top; width: 0.25in; text-align: left">(2)</td><td style="text-align: justify">The expense information in the table has been restated to reflect the current management fees effective July 1, 2026.</td> </tr></table> <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%; border-spacing: 0px;"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"> </td> <td style="width: 0.25in">(3)</td> <td style="text-align: justify">The Adviser has contractually agreed to reduce its fees and/or pay Fund expenses (excluding Acquired Fund Fees and Expenses, fees related to services for reclamation or collection of foreign taxes withheld, interest, taxes, dividends on short positions, investment-related costs and extraordinary expenses) in order to limit the Fund’s Total Annual Operating Expenses for Investor Class shares and for Institutional Class shares to 1.24% and 0.99% respectively through June 30, 2029. For each share class to the extent that the Adviser absorbs expenses to satisfy this cap, it may recoup a portion or all of such amounts absorbed at any time within three fiscal years after the fiscal year in which such amounts were absorbed, subject to the expense cap in place at the time recoupment is sought, which cannot exceed the expense cap at the time of the waiver. The expense limitation agreement may be terminated by the Board of the Fund at any time without penalty upon 60 days’ notice.</td> </tr></table> <div style="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"> </div><div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"> </div> Example This Example is intended to help you compare the cost of investing in the Global Innovators 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 of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr> <td style="vertical-align: top; width: 25%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="vertical-align: bottom; width: 19%; text-align: center; text-indent: 0in">1 Year</td> <td style="vertical-align: bottom; width: 18%; text-align: center; text-indent: 0in">3 Years</td> <td style="vertical-align: bottom; width: 18%; text-align: center; text-indent: 0in">5 Years</td> <td style="vertical-align: bottom; width: 20%; text-align: center; text-indent: 0in">10 Years</td></tr> <tr> <td style="padding-left: 5.4pt; vertical-align: top; text-align: left; text-indent: 0in">Investor Class</td> <td style="vertical-align: bottom; text-align: center; text-indent: 0in">$126</td> <td style="vertical-align: bottom; text-align: center; text-indent: 0in">$393</td> <td style="vertical-align: bottom; text-align: center; text-indent: 0in">$681</td> <td style="vertical-align: bottom; text-align: center; text-indent: 0in">$1,500</td></tr> <tr style="vertical-align: top"> <td style="padding-left: 5.4pt; border-bottom: Black 1.5pt solid; text-align: left; text-indent: 0in">Institutional Class</td> <td style="border-bottom: Black 1.5pt solid; text-align: center; text-indent: 0in">$102</td> <td style="border-bottom: Black 1.5pt solid; text-align: center; text-indent: 0in">$318</td> <td style="border-bottom: Black 1.5pt solid; text-align: center; text-indent: 0in">$571</td> <td style="border-bottom: Black 1.5pt solid; text-align: center; text-indent: 0in">$1,294</td></tr> </table> Additionally, the table under the section “Management of the Funds – Investment Adviser” is replaced with the following: <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 90%; border-collapse: collapse; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr style="vertical-align: top; background-color: #ED2124"> <td colspan="2" style="border-top: #231F20 1pt solid; border-bottom: #231F20 1pt solid"> Effective Advisory Fee Rate Paid During 2025</td></tr> <tr style="vertical-align: top"> <td style="width: 67%; border-bottom: #231F20 1pt solid; border-right: #231F20 1pt solid; padding-left: 7pt; font-family: Arial, Helvetica, Sans-Serif">Alternative Energy Fund</td> <td style="width: 33%; border-bottom: #231F20 1pt solid; padding-left: 45.35pt; font-family: Arial, Helvetica, Sans-Serif">0.02%</td></tr> <tr style="vertical-align: top"> <td style="border-right: #231F20 1pt solid; border-bottom: #231F20 1pt solid; padding-left: 7pt; font-family: Arial, Helvetica, Sans-Serif">Asia Focus Fund</td> <td style="border-bottom: #231F20 1pt solid; padding-left: 45.35pt; font-family: Arial, Helvetica, Sans-Serif">0.65%</td></tr> <tr style="vertical-align: top"> <td style="border-right: #231F20 1pt solid; border-bottom: #231F20 1pt solid; padding-left: 7pt; font-family: Arial, Helvetica, Sans-Serif">China & Hong Kong Fund</td> <td style="border-bottom: #231F20 1pt solid; padding-left: 45.35pt; font-family: Arial, Helvetica, Sans-Serif">1.00%</td></tr> <tr style="vertical-align: top"> <td style="border-right: #231F20 1pt solid; border-bottom: #231F20 1pt solid; padding-left: 7pt; font-family: Arial, Helvetica, Sans-Serif">Global Energy Fund</td> <td style="border-bottom: #231F20 1pt solid; padding-left: 45.35pt; font-family: Arial, Helvetica, Sans-Serif">0.00%</td></tr> <tr style="vertical-align: top"> <td style="border-right: #231F20 1pt solid; border-bottom: #231F20 1pt solid; padding-left: 7pt; font-family: Arial, Helvetica, Sans-Serif">Global Innovators Fund(1)</td> <td style="border-bottom: #231F20 1pt solid; padding-left: 45.35pt; font-family: Arial, Helvetica, Sans-Serif">0.64%</td></tr> </table> <table cellpadding="0" style="font: 11pt Garamond, Times, Serif; color: #231F20; margin-top: 0pt; margin-bottom: 6pt; width: 100%; border-spacing: 0px;"><tr style="vertical-align: top; text-align: justify"> <td style="vertical-align: top; width: 0.25in; text-align: left">(1)</td><td style="text-align: justify">Effective July 1, 2026, the Adviser charges the Fund the following breakpoint fee schedule as a percentage 0.65% for the first $250 million; and 0.50% on assets in excess of $250 million.</td> </tr></table> Effective July 1, 2026, all references to the Fund’s annual management fee in the Fund’s Summary Prospectus, Prospectus and Statement of Additional Information for the mutual fund share classes are revised as indicated above. Please file this Supplement with your records. GLOBAL INNOVATORS FUND Fees and Expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shares of the Global Innovators Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and example below. <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr> <td style="vertical-align: top; width: 60%; border-top: Black 1pt solid; border-right: Black 1pt solid; padding-left: 0.75in; text-align: left; text-indent: -0.5pt"> </td> <td style="vertical-align: bottom; width: 20%; border-top: Black 1pt solid; border-right: Black 1pt solid; text-align: center; text-indent: 0in">Investor Class</td> <td style="vertical-align: top; width: 20%; border-top: Black 1pt solid; text-align: center; text-indent: 0in">Institutional Class</td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left; text-indent: 0in">Shareholder Fees (fees paid directly from your investment)</td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in">None(1)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in">None(1)</td></tr> </table> Shareholder Fees (fees paid directly from your investment) 0 0 <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr> <td colspan="3" style="vertical-align: top; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left; text-indent: 0in">Annual Fund Operating Expenses(2) (expenses that you pay each year as a percentage of the value of your investments)</td> <td style="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in"> </td> <td style="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; text-indent: 0in"> </td></tr> <tr> <td style="vertical-align: top; width: 60%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: left">Management Fees:</td> <td style="vertical-align: top; width: 10%; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="width: 10%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center">0.65%</td> <td style="vertical-align: top; width: 10%; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="width: 10%; border-bottom: Black 1pt solid; text-align: center">0.65%</td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Distribution (12b-1) Fees:</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">None</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">None</td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Other Expenses: </td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">0.59%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">0.43%</td></tr> <tr> <td style="padding-left: 10pt; vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Shareholder Servicing Plan Fees</td> <td style="border-bottom: Black 1pt solid; text-align: center">0.20%</td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">None</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td></tr> <tr> <td style="padding-left: 10pt; vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Interest and Tax Expense</td> <td style="border-bottom: Black 1pt solid; text-align: center">0.01%</td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">0.01%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td></tr> <tr> <td style="padding-left: 10pt; vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">All Other Expenses</td> <td style="border-bottom: Black 1pt solid; text-align: center">0.38%</td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">0.42%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Total Annual Fund Operating Expenses:</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">1.24%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">1.08%</td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Fee Waiver/Expense Reimbursement:(3)</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">(0.00)%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">(0.08)%</td></tr> <tr> <td style="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left">Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement:(3)</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">1.24%</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; text-align: center"> </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center">1.00%</td></tr> </table> <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%; border-spacing: 0px;"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"> </td> <td style="vertical-align: top; width: 0.25in; text-align: left">(1)</td><td style="text-align: justify">The Fund charges a $15 fee for each payment of redemption proceeds by wire transfer.</td> </tr></table> <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%; border-spacing: 0px;"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"> </td> <td style="vertical-align: top; width: 0.25in; text-align: left">(2)</td><td style="text-align: justify">The expense information in the table has been restated to reflect the current management fees effective July 1, 2026.</td> </tr></table> <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%; border-spacing: 0px;"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"> </td> <td style="width: 0.25in">(3)</td> <td style="text-align: justify">The Adviser has contractually agreed to reduce its fees and/or pay Fund expenses (excluding Acquired Fund Fees and Expenses, fees related to services for reclamation or collection of foreign taxes withheld, interest, taxes, dividends on short positions, investment-related costs and extraordinary expenses) in order to limit the Fund’s Total Annual Operating Expenses for Investor Class shares and for Institutional Class shares to 1.24% and 0.99% respectively through June 30, 2029. For each share class to the extent that the Adviser absorbs expenses to satisfy this cap, it may recoup a portion or all of such amounts absorbed at any time within three fiscal years after the fiscal year in which such amounts were absorbed, subject to the expense cap in place at the time recoupment is sought, which cannot exceed the expense cap at the time of the waiver. The expense limitation agreement may be terminated by the Board of the Fund at any time without penalty upon 60 days’ notice.</td> </tr></table> Annual Fund Operating Expenses(2) (expenses that you pay each year as a percentage of the value of your investments) 0.0065 0.0065 0 0 0.0059 0.0043 0.002 0 0.0001 0.0001 0.0038 0.0042 0.0124 0.0108 0 -0.0008 0.0124 0.01 2029-06-30 Example This Example is intended to help you compare the cost of investing in the Global Innovators 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 of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: <table cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr> <td style="vertical-align: top; width: 25%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="vertical-align: bottom; width: 19%; text-align: center; text-indent: 0in">1 Year</td> <td style="vertical-align: bottom; width: 18%; text-align: center; text-indent: 0in">3 Years</td> <td style="vertical-align: bottom; width: 18%; text-align: center; text-indent: 0in">5 Years</td> <td style="vertical-align: bottom; width: 20%; text-align: center; text-indent: 0in">10 Years</td></tr> <tr> <td style="padding-left: 5.4pt; vertical-align: top; text-align: left; text-indent: 0in">Investor Class</td> <td style="vertical-align: bottom; text-align: center; text-indent: 0in">$126</td> <td style="vertical-align: bottom; text-align: center; text-indent: 0in">$393</td> <td style="vertical-align: bottom; text-align: center; text-indent: 0in">$681</td> <td style="vertical-align: bottom; text-align: center; text-indent: 0in">$1,500</td></tr> <tr style="vertical-align: top"> <td style="padding-left: 5.4pt; border-bottom: Black 1.5pt solid; text-align: left; text-indent: 0in">Institutional Class</td> <td style="border-bottom: Black 1.5pt solid; text-align: center; text-indent: 0in">$102</td> <td style="border-bottom: Black 1.5pt solid; text-align: center; text-indent: 0in">$318</td> <td style="border-bottom: Black 1.5pt solid; text-align: center; text-indent: 0in">$571</td> <td style="border-bottom: Black 1.5pt solid; text-align: center; text-indent: 0in">$1,294</td></tr> </table> 126 393 681 1500 102 318 571 1294 497 N-1A 0000919160 false 2025-12-31 2026-04-30 GUINNESS ATKINSON FUNDS The Fund charges a $15 fee for each payment of redemption proceeds by wire transfer. The Adviser has contractually agreed to reduce its fees and/or pay Fund expenses (excluding Acquired Fund Fees and Expenses, fees related to services for reclamation or collection of foreign taxes withheld, interest, taxes, dividends on short positions, investment-related costs and extraordinary expenses) in order to limit the Fund’s Total Annual Operating Expenses for Investor Class shares and for Institutional Class shares to 1.24% and 0.99% respectively through June 30, 2029. For each share class to the extent that the Adviser absorbs expenses to satisfy this cap, it may recoup a portion or all of such amounts absorbed at any time within three fiscal years after the fiscal year in which such amounts were absorbed, subject to the expense cap in place at the time recoupment is sought, which cannot exceed the expense cap at the time of the waiver. The expense limitation agreement may be terminated by the Board of the Fund at any time without penalty upon 60 days’ notice. The expense information in the table has been restated to reflect the current management fees effective July 1, 2026.