Celebrating three years with a special offer

Three years ago this month, Aspiration welcomed our first customers. Then as now, our mission was to improve the financial lives of the members of our Aspiration community.

A big part of that is bringing investing options to all. We're proud to be giving our customers access to the kinds of investment strategies that usually are dominated by the very wealthiest
Americans.

To celebrate that three‐year anniversary, we're offering something very special: for every dollar our customers move from their Aspiration Summit checking account into the Aspiration Redwood Fund or the Aspiration Flagship Fund between March 23 and May 5, we'll put an extra 2% in their investment account as a "thank you."*

Plus, each of our investment funds is also available as an IRA. Investing in an IRA before the April 17 tax deadline could mean important tax breaks.**

We're grateful to all the Aspiration community members who’ve been a part of this amazing journey we’ve been on for the last three years. This is one small way for us to show our appreciation for their decision to trust us with their money, and for trusting us now to help them do more with it.

Aspiration is proud to be a partner of the Sierra Club.


*Clients should familiarize themselves with the following terms and conditions of the cash incentive program (“Program”) and the cash incentive payment (“Payment”) available under the Program:

Natural Person Clients: The Program is available only to individual clients who are natural persons, i.e., not organizations or entities (“Natural Person Clients”). Accounts held in the name of a financial advisor, institution, corporation or other non‐natural person are not Natural Person Clients. Aspiration Fund Adviser, LLC (the “Adviser”) has full discretion in determining whether a client qualifies as a Natural Person Client.

Minimum Purchase Amount and Minimum Holding Period: To qualify as a Natural Person Client eligible to receive the Payment (“Eligible Client”), the Natural Person Client must purchase shares of the Aspiration Redwood Fund and/or Aspiration Flagship Fund (the “Funds”) with source of funds only from the Client’s Aspiration Summit Account, in accordance with the minimum number of shares as described in the Funds Prospectus, beginning on or after March 23, 2018 and no later than May 5, 2018, and must maintain an investment at or greater than that number of shares of the Fund(s) for a period of no less than 365 days.

Payment: An Eligible Client will receive a Payment of two percent (2%) of the minimum purchase amount from the Adviser in the form of additional shares of the Fund(s) selected by the Eligible Client or a check payable to the Eligible Client within 30 days after minimum holding period. The Adviser shall decide the method of Payment. The Payment is non‐transferable and non‐assignable. If an Eligible Client liquidates, sells or transfers his/her shares within the minimum holding period of 365 days, the Payment shall be a pro rata portion of the time the Eligible Client held his/her shares relative to the minimum holding period (for example, if a client sold his/her shares after 183 days, the Eligible Client would receive 50% of the total Payment due).

Right to Terminate or Modify the Program: The Adviser reserves the right to terminate and/or modify this Program at any time without prior notice.

An Eligible Client agrees that the Program does not create, and will not be interpreted to create, any rights, relationship or obligation between the Eligible Client and the Funds, including without limitation rights to Fund shares or payments, and that the Program is an arrangement solely between the Eligible Client and the Adviser. Any Payment made to the Eligible Client under the Program is made by the Adviser out of its own resources. The Payment is not (i) a rebate or discount of the advisory fee paid to the Adviser by the Eligible Client, (ii) a fee paid by the Funds or a rebate of any fees paid by the Funds under the Plan of Distribution Pursuant to Rule 12b‐1, or (iii) a discount on the public offering price of Fund shares. As a client of the Adviser, the Eligible Client is still responsible for the payment of agreed‐upon advisory fees that the Eligible Client would otherwise pay for bona fide services provided by the Adviser. As a Fund shareholder, the Eligible Client will possess the same shareholder and dividend rights and be subject to the same fees as the other Fund shareholders. An Eligible Client is responsible for any and all tax liabilities associated with the Program. This offer is void where prohibited by law.

**The information provided herein may not be relied on as tax advice. Please seek financial and tax advice from your professional tax accountant. (1) 401(k)s and IRAs typically involve investment‐related expenses and plan or account fees; (2) If an employee leaves his or her job between age 55 and 59 1/2 he or she may be able to take penalty‐free withdrawals from a plan; (3) In contrast, penalty‐free withdrawals generally may not be made from an IRA until age 59 ½; (4) Once an individual reaches 70 ½ the rules for IRAs require the periodic withdrawal of certain minimum amounts, known as the required minimum distribution.

An investment in the Fund is subject to investment risks, including the possible loss of some or the entire principal amount invested. There can be no assurance that the Fund will be successful in meeting its investment objective. Investment in the Fund is also subject to the following risks: Market Risk, Management Risk, Derivatives Risk, Futures Risk, Leverage Risk Associated with Financial Instruments, Focused Investment Risk, Foreign Investing Risk, Limited Capitalization Risk, Temporary Defensive Positions, New Fund Risk. The use of futures contracts may cause the value of the Fund’s shares to be more volatile. There is a risk that investing in a select group of securities could subject the fund to greater risk of loss and could be considerably more volatile than the fund’s primary benchmark or other mutual funds that are diversified across a greater number of securities. More information about these risks can be found in the Fund’s prospectus.

An investor should consider the investment objectives, risks, and charges and expenses of the Fund before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available at funds.aspiration.com or by calling Shareholder Services at 800‐683‐8529. The prospectus should be read carefully before investing. Current and future holdings are subject to change and risk. Nothing on this e‐mail should be considered a solicitation to buy or an offer to sell shares of any fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Aspiration Fund Adviser, LLC is the adviser to the Aspiration Redwood Fund and Aspiration Flagship Fund, which are distributed by Capital Investment Group, Inc., Member FINRA/SIPC, 100 E. Six Forks Road, Suite 200, Raleigh, North Carolina 27609, (800) 773‐3863. There is no affiliation between Aspiration Fund Adviser, LLC, including its principals, and Capital Investment Group, Inc. RCASP0318010