UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES
Investment Company Act file number
811-10123
The North Country Funds
(Exact name of Registrant as specified in charter)
250 Glen Street, Glens Falls, NY 12801
(Address of principal executive offices)
(Zip code)
James Ash
c/o Gemini Fund Services, LLC., 450 Wireless Boulevard, Hauppauge, NY 11788
(Name and address of agent for service)
Registrant's telephone number, including area code:
631-470-2619
Date of fiscal year end:
11/30
Date of reporting period: 5/31/12
Item 1. Reports to Stockholders.
Investment Adviser North Country Investment Advisers, Inc. 250 Glen Street Glens Falls, NY 12801 Legal Counsel Ropes & Gray Prudential Tower 800 Boylston Street Boston, MA 02199-3600 Independent Registered Public Accounting Firm Cohen Fund Audit Services, Ltd. 800 Westpoint Parkway, Suite 1100 Westlake, OH 44145 Administrator and Fund Accountant Gemini Fund Services, LLC 450 Wireless Boulevard Hauppauge, NY 11788 Transfer Agent Gemini Fund Services, LLC 4020 South 147th Street Omaha, NE 68137 Distributor Northern Lights Distributors, LLC 4020 South 147th Street Omaha, NE 68137 Custodian The Bank of New York Mellon 1 Wall Street, 25th Floor New York, NY 10286 Investor Information: (888) 350-2990
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The North Country Funds Equity Growth Fund Intermediate Bond Fund Semi-Annual Report May 31, 2012 This report and the financial statements contained herein are submitted for the general information of shareholders and are not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus. Nothing herein contained is to be considered an offer of sale or solicitation of an offer to buy shares of the North Country Funds. Such offering is made only by prospectus, which includes details as to offering price and other material information.
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