v3.26.1
Performance Management
Aug. 31, 2026
Emerald Finance and Banking Innovation Fund  
Prospectus [Line Items]  
Bar Chart and Performance Table [Heading] PERFORMANCE INFORMATION
Performance Narrative [Text Block]

The following information provides some indication of the risks of investing in the Fund by showing how the Fund’s performance has varied over time.

 

The bar chart depicts the change in performance from year to year during the periods indicated. The bar chart figures do not include any applicable sales charges that an investor may pay when they buy or sell Shares of the Fund. If sales charges were included, the returns would be lower. The table compares the Fund’s average annual returns for the periods indicated to the Russell 3000 Index, a broad-based securities market index, and the Russell 2000 Index and Russell 2000 Financial Services Index, indexes that are more representative of the Fund’s investment strategy. The index is not actively managed and is not available for direct investment. The bar charts and performance tables assume reinvestment of dividends and distributions. The Fund’s past performance does not necessarily indicate how it will perform in the future. Updated performance information is available on the Fund’s website at www.emeraldmutualfunds.com or by calling 1-855-828-9909.

Performance Past Does Not Indicate Future [Text] The Fund’s past performance does not necessarily indicate how it will perform in the future.
Performance Information Illustrates Variability of Returns [Text] The following information provides some indication of the risks of investing in the Fund by showing how the Fund’s performance has varied over time.
Bar Chart Does Not Reflect Sales Loads [Text] The bar chart figures do not include any applicable sales charges that an investor may pay when they buy or sell Shares of the Fund. If sales charges were included, the returns would be lower.
Bar Chart [Heading] Calendar Year Annual Returns — Class A
Bar Chart Closing [Text Block]

Best QuarterDecember 31, 2020

45.62%

Worst QuarterMarch 31, 2020

-39.58%

 

The Fund’s Class A share year-to-date return as of June 30, 2026 was 7.74%.

Performance Table Heading Average Annual Total Returns (for the periods ended December 31, 2025)
Performance Table Uses Highest Federal Rate After-tax returns are calculated by using the highest historical individual U.S. federal marginal income tax rates (i.e., maximum rates) and do not include state or local taxes.
Performance Table Not Relevant to Tax Deferred After-tax returns are not relevant to investors who hold Fund shares in tax-qualified accounts (i.e., retirement plans or Individual Retirement Accounts).
Performance Table One Class of after Tax Shown [Text] After-tax returns are only shown for Class A shares of the Fund. After-tax returns for Class C, Institutional Class and Investor Class shares will vary from those shown for Class A shares due to varying expenses among the classes.
Performance Availability Website Address [Text] www.emeraldmutualfunds.com
Performance Availability Phone [Text] 1-855-828-9909
Emerald Finance and Banking Innovation Fund | Class A Shares  
Prospectus [Line Items]  
Year to Date Return, Label [Optional Text] year-to-date return
Bar Chart, Year to Date Return 7.74%
Bar Chart, Year to Date Return, Date Jun. 30, 2026
Highest Quarterly Return, Label [Optional Text] Best Quarter
Highest Quarterly Return 45.62%
Highest Quarterly Return, Date Dec. 31, 2020
Lowest Quarterly Return, Label [Optional Text] Worst Quarter
Lowest Quarterly Return (39.58%)
Lowest Quarterly Return, Date Mar. 31, 2020
Seafarer Overseas Growth and Income Fund  
Prospectus [Line Items]  
Bar Chart and Performance Table [Heading] Performance Information
Performance Narrative [Text Block]

The following information provides some indication of the risks of investing in the Fund by showing how the Fund’s performance has varied over time. The bar chart depicts the change in performance from year to year during the periods indicated. The bar chart figures do not include any applicable sales charges that an investor may pay to a broker-dealer or other financial intermediary when they buy or sell shares of the Fund. If sales charges were included, the returns would be lower. The table compares the Fund’s average annual returns for the periods indicated to the Bloomberg Emerging Markets Large, Mid, and Small Cap Net Return USD Index, a broad-based securities market index, and the Morningstar Emerging Markets Net Return USD Index, an additional index that is also representative of the Fund’s strategy. The indices are not actively managed and are not available for direct investment. The bar charts and performance tables assume reinvestment of dividends and distributions. The Fund’s past performance (before and after taxes) does not necessarily indicate how it will perform in the future. Updated performance information is available on the Fund’s website at seafarerfunds.com or by calling 1-855-732-9220.

Performance Past Does Not Indicate Future [Text] The Fund’s past performance (before and after taxes) does not necessarily indicate how it will perform in the future.
Performance Information Illustrates Variability of Returns [Text] The following information provides some indication of the risks of investing in the Fund by showing how the Fund’s performance has varied over time.
Bar Chart Does Not Reflect Sales Loads [Text] The bar chart figures do not include any applicable sales charges that an investor may pay to a broker-dealer or other financial intermediary when they buy or sell shares of the Fund.
Bar Chart [Heading] Annual Total Returns   Institutional Class (SIGIX) for calendar years ended December 31
Bar Chart Closing [Text Block]
 

Best Quarter – Q4 2020

20.83%

 
 

Worst Quarter – Q1 2020

-23.18%

 

 

The Fund’s Institutional Class year-to-date return as of June 30, 2026 was 16.98%.

Performance Table Heading Average Annual Total Returns   For periods ended December 31, 2025
Performance Table Uses Highest Federal Rate After-tax returns are calculated using the historically highest individual U.S. federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred The after-tax return information shown does not apply to Fund shares held through a tax-qualified account, such as a 401(k) plan or an IRA.
Performance Table One Class of after Tax Shown [Text] After-tax returns are only shown for the Institutional Class shares of the Fund.
Performance Availability Website Address [Text] seafarerfunds.com
Performance Availability Phone [Text] 1-855-732-9220
Seafarer Overseas Growth and Income Fund | Institutional Class  
Prospectus [Line Items]  
Year to Date Return, Label [Optional Text] year-to-date return
Bar Chart, Year to Date Return 16.98%
Bar Chart, Year to Date Return, Date Jun. 30, 2026
Highest Quarterly Return, Label [Optional Text] Best Quarter
Highest Quarterly Return 20.83%
Highest Quarterly Return, Date Dec. 31, 2020
Lowest Quarterly Return, Label [Optional Text] Worst Quarter
Lowest Quarterly Return (23.18%)
Lowest Quarterly Return, Date Mar. 31, 2020
Seafarer Overseas Value Fund  
Prospectus [Line Items]  
Bar Chart and Performance Table [Heading] Performance Information
Performance Narrative [Text Block]

The following information provides some indication of the risks of investing in the Fund by showing how the Fund’s performance has varied over time. The bar chart depicts the change in performance from year to year during the periods indicated. The bar chart figures do not include any applicable sales charges that an investor may pay to a broker-dealer or other financial intermediary when they buy or sell shares of the Fund. If sales charges were included, the returns would be lower. The table compares the Fund’s average annual returns for the periods indicated to the Bloomberg Emerging Markets Large, Mid, and Small Cap Net Return USD Index, a broad-based securities market index, and the Morningstar Emerging Markets Net Return USD Index, an additional index that is also representative of the Fund’s strategy. The indices are not actively managed and are not available for direct investment. The bar charts and performance tables assume reinvestment of dividends and distributions. The Fund’s past

performance (before and after taxes) does not necessarily indicate how it will perform in the future. Updated performance information is available on the Fund’s website at seafarerfunds.com or by calling 1-855-732-9220.

Performance Past Does Not Indicate Future [Text] The Fund’s past performance (before and after taxes) does not necessarily indicate how it will perform in the future. 
Performance Information Illustrates Variability of Returns [Text] The following information provides some indication of the risks of investing in the Fund by showing how the Fund’s performance has varied over time.
Bar Chart Does Not Reflect Sales Loads [Text] The bar chart figures do not include any applicable sales charges that an investor may pay to a broker-dealer or other financial intermediary when they buy or sell shares of the Fund.
Bar Chart [Heading] Annual Total Return   Institutional Class (SIVLX) for calendar years ended December 31
Bar Chart Closing [Text Block]
 

Best Quarter – Q4 2020

19.36%

 
 

Worst Quarter – Q1 2020

-27.10%

 

 

The Fund’s Institutional Class year-to-date return as of June 30, 2026 was 5.83%.

Performance Table Heading Average Annual Total Return   For periods ended December 31, 2025
Performance Table Uses Highest Federal Rate After-tax returns are calculated using the historically highest individual U.S. federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred The after-tax return information shown does not apply to Fund shares held through a tax-qualified account, such as a 401(k) plan or an IRA.
Performance Table One Class of after Tax Shown [Text] After-tax returns are only shown for the Institutional Class shares of the Fund.
Performance Availability Website Address [Text] seafarerfunds.com
Performance Availability Phone [Text] 1-855-732-9220
Seafarer Overseas Value Fund | Institutional Class  
Prospectus [Line Items]  
Year to Date Return, Label [Optional Text] year-to-date return
Bar Chart, Year to Date Return 5.83%
Bar Chart, Year to Date Return, Date Jun. 30, 2026
Highest Quarterly Return, Label [Optional Text] Best Quarter
Highest Quarterly Return 19.36%
Highest Quarterly Return, Date Dec. 31, 2020
Lowest Quarterly Return, Label [Optional Text] Worst Quarter
Lowest Quarterly Return (27.10%)
Lowest Quarterly Return, Date Mar. 31, 2020