<?xml version="1.0" encoding="us-ascii"?>
<!--XBRL document created with Crossfire XBRL Enabler by Rivet Software version 3.6.4086.31012-->
<!--Based on XBRL 2.1-->
<!--Created on: 3/15/2011 10:42:05 AM-->
<!--Modified on: 3/15/2011 10:42:05 AM-->
<linkbase xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#DocumentRiskReturnSummaryUnlabeledTilsonFocusFund" roleURI="http://www.ncfunds.com/role/DocumentRiskReturnSummaryUnlabeledTilsonFocusFund" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleShareholderFeesTilsonFocusFund" roleURI="http://www.ncfunds.com/role/ScheduleShareholderFeesTilsonFocusFund" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleAnnualFundOperatingExpensesTilsonFocusFund1" roleURI="http://www.ncfunds.com/role/ScheduleAnnualFundOperatingExpensesTilsonFocusFund1" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleExpenseExampleTransposedTilsonFocusFund" roleURI="http://www.ncfunds.com/role/ScheduleExpenseExampleTransposedTilsonFocusFund" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleExpenseExampleNoRedemptionTransposedTilsonFocusFund" roleURI="http://www.ncfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedTilsonFocusFund" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleAnnualTotalReturnsBarChartTilsonFocusFund" roleURI="http://www.ncfunds.com/role/ScheduleAnnualTotalReturnsBarChartTilsonFocusFund" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleAverageAnnualTotalReturnsTransposedTilsonFocusFund" roleURI="http://www.ncfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedTilsonFocusFund" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#DocumentRiskReturnSummaryUnlabeledTilsonDividendFund" roleURI="http://www.ncfunds.com/role/DocumentRiskReturnSummaryUnlabeledTilsonDividendFund" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleShareholderFeesTilsonDividendFund" roleURI="http://www.ncfunds.com/role/ScheduleShareholderFeesTilsonDividendFund" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleAnnualFundOperatingExpensesTilsonDividendFund1" roleURI="http://www.ncfunds.com/role/ScheduleAnnualFundOperatingExpensesTilsonDividendFund1" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleExpenseExampleTransposedTilsonDividendFund" roleURI="http://www.ncfunds.com/role/ScheduleExpenseExampleTransposedTilsonDividendFund" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleExpenseExampleNoRedemptionTransposedTilsonDividendFund" roleURI="http://www.ncfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedTilsonDividendFund" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleAnnualTotalReturnsBarChartTilsonDividendFund" roleURI="http://www.ncfunds.com/role/ScheduleAnnualTotalReturnsBarChartTilsonDividendFund" />
  <roleRef xlink:type="simple" xlink:href="cik0001295908-20110228.xsd#ScheduleAverageAnnualTotalReturnsTransposedTilsonDividendFund" roleURI="http://www.ncfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedTilsonDividendFund" />
  <roleRef xlink:type="simple" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#RiskReturnDetailData" roleURI="http://xbrl.sec.gov/rr/role/RiskReturnDetailData" />
  <roleRef xlink:type="simple" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#PerformanceMeasureOnly" roleURI="http://xbrl.sec.gov/rr/role/PerformanceMeasure" />
  <presentationLink xlink:role="http://www.ncfunds.com/role/DocumentRiskReturnSummaryUnlabeledTilsonFocusFund" xlink:type="extended" xlink:title="000011 - Document - Risk/Return Summary {Unlabeled} Tilson Focus Fund">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352182725794794" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919335162" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352182725794794" xlink:to="rr_ProspectusTable_634352181919335162" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919335162" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516Member" xlink:label="cik001295908_S000010516Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010516Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919335162" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516ClassParentMember" xlink:label="cik001295908_S000010516ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010516ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029037Member" xlink:label="cik001295908_C000029037Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029037Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskReturnAbstract" xlink:label="rr_RiskReturnAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919335162" xlink:to="rr_RiskReturnAbstract_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskReturnHeading" xlink:label="RiskReturnHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="RiskReturnHeading" order="1" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ObjectiveHeading" xlink:label="ObjectiveHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ObjectiveHeading" order="2" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ObjectivePrimaryTextBlock" xlink:label="ObjectivePrimaryTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ObjectivePrimaryTextBlock" order="3" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseHeading" xlink:label="ExpenseHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseHeading" order="4" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseNarrativeTextBlock" xlink:label="ExpenseNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseNarrativeTextBlock" order="5" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareholderFeesCaption" xlink:label="ShareholderFeesCaption" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ShareholderFeesCaption" order="6" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareholderFeesTableTextBlock" xlink:label="ShareholderFeesTableTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ShareholderFeesTableTextBlock" order="7" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_OperatingExpensesCaption" xlink:label="OperatingExpensesCaption" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="OperatingExpensesCaption" order="8" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualFundOperatingExpensesTableTextBlock" xlink:label="AnnualFundOperatingExpensesTableTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AnnualFundOperatingExpensesTableTextBlock" order="9" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleHeading" xlink:label="ExpenseExampleHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseExampleHeading" order="10" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleNarrativeTextBlock" xlink:label="ExpenseExampleNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseExampleNarrativeTextBlock" order="11" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleWithRedemptionTableTextBlock" xlink:label="ExpenseExampleWithRedemptionTableTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseExampleWithRedemptionTableTextBlock" order="12" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PortfolioTurnoverHeading" xlink:label="PortfolioTurnoverHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PortfolioTurnoverHeading" order="13" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PortfolioTurnoverTextBlock" xlink:label="PortfolioTurnoverTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PortfolioTurnoverTextBlock" order="14" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_StrategyHeading" xlink:label="StrategyHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="StrategyHeading" order="15" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_StrategyNarrativeTextBlock" xlink:label="StrategyNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="StrategyNarrativeTextBlock" order="16" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskHeading" xlink:label="RiskHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="RiskHeading" order="17" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskNarrativeTextBlock" xlink:label="RiskNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="RiskNarrativeTextBlock" order="18" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartAndPerformanceTableHeading" xlink:label="BarChartAndPerformanceTableHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartAndPerformanceTableHeading" order="19" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceNarrativeTextBlock" xlink:label="PerformanceNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceNarrativeTextBlock" order="20" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartHeading" xlink:label="BarChartHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartHeading" order="21" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartTableTextBlock" xlink:label="BarChartTableTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartTableTextBlock" order="22" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartClosingTextBlock" xlink:label="BarChartClosingTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartClosingTextBlock" order="23" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableHeading" xlink:label="PerformanceTableHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableHeading" order="24" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableTextBlock" xlink:label="PerformanceTableTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableTextBlock" order="25" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableNarrativeTextBlock" xlink:label="rr_PerformanceTableNarrativeTextBlock_634352236073905610" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="rr_PerformanceTableNarrativeTextBlock_634352236073905610" order="26" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableClosingTextBlock" xlink:label="PerformanceTableClosingTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableClosingTextBlock" order="27" use="optional" priority="9" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleShareholderFeesTilsonFocusFund" xlink:type="extended" xlink:title="000012 - Schedule - Shareholder Fees {Tilson Focus Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352182726295514" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352182726295514" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516Member" xlink:label="cik001295908_S000010516Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010516Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516ClassParentMember" xlink:label="cik001295908_S000010516ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010516ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029037Member" xlink:label="cik001295908_C000029037Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029037Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareholderFeesAbstract" xlink:label="rr_ShareholderFeesAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ShareholderFeesAbstract_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" xlink:label="MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ShareholderFeesAbstract_634352181919435306" xlink:to="MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" order="1" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RedemptionFeeOverRedemption" xlink:label="rr_RedemptionFeeOverRedemption_634352266812096421" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ShareholderFeesAbstract_634352181919435306" xlink:to="rr_RedemptionFeeOverRedemption_634352266812096421" order="2" use="optional" preferredLabel="http://xbrl.us/us-gaap/role/label/negated" priority="2" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleAnnualFundOperatingExpensesTilsonFocusFund1" xlink:type="extended" xlink:title="000013 - Schedule - Annual Fund Operating Expenses {Tilson Focus Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352183493298410" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352183493298410" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516Member" xlink:label="cik001295908_S000010516Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010516Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516ClassParentMember" xlink:label="cik001295908_S000010516ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010516ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029037Member" xlink:label="cik001295908_C000029037Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029037Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_OperatingExpensesAbstract" xlink:label="rr_OperatingExpensesAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_OperatingExpensesAbstract_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ManagementFeesOverAssets" xlink:label="rr_ManagementFeesOverAssets_634352242314470565" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_ManagementFeesOverAssets_634352242314470565" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_DistributionAndService12b1FeesOverAssets" xlink:label="rr_DistributionAndService12b1FeesOverAssets_634352242468992757" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_DistributionAndService12b1FeesOverAssets_634352242468992757" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_OtherExpensesOverAssets" xlink:label="rr_OtherExpensesOverAssets_634352243199743525" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_OtherExpensesOverAssets_634352243199743525" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpensesOverAssets" xlink:label="rr_ExpensesOverAssets_634352243362177093" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_ExpensesOverAssets_634352243362177093" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_FeeWaiverOrReimbursementOverAssets" xlink:label="rr_FeeWaiverOrReimbursementOverAssets_634352267128751749" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_FeeWaiverOrReimbursementOverAssets_634352267128751749" order="5" use="optional" preferredLabel="http://xbrl.us/us-gaap/role/label/negated" priority="4" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_NetExpensesOverAssets" xlink:label="rr_NetExpensesOverAssets_634352243971853765" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_NetExpensesOverAssets_634352243971853765" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="9" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleExpenseExampleTransposedTilsonFocusFund" xlink:type="extended" xlink:title="000014 - Schedule - Expense Example {Transposed} {Tilson Focus Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352182726495802" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352182726495802" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516Member" xlink:label="cik001295908_S000010516Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010516Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516ClassParentMember" xlink:label="cik001295908_S000010516ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010516ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029037Member" xlink:label="cik001295908_C000029037Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029037Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleAbstract" xlink:label="rr_ExpenseExampleAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ExpenseExampleAbstract_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear01" xlink:label="rr_ExpenseExampleYear01_634352269569561461" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ExpenseExampleAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear01_634352269569561461" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear03" xlink:label="rr_ExpenseExampleYear03_634352269911853653" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ExpenseExampleAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear03_634352269911853653" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear05" xlink:label="rr_ExpenseExampleYear05_634352270181741733" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ExpenseExampleAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear05_634352270181741733" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear10" xlink:label="rr_ExpenseExampleYear10_634352270386335925" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ExpenseExampleAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear10_634352270386335925" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedTilsonFocusFund" xlink:type="extended" xlink:title="000015 - Schedule - Expense Example, No Redemption {Transposed} {Tilson Focus Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352182726595946" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352182726595946" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516Member" xlink:label="cik001295908_S000010516Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010516Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516ClassParentMember" xlink:label="cik001295908_S000010516ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010516ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029037Member" xlink:label="cik001295908_C000029037Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029037Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleAnnualTotalReturnsBarChartTilsonFocusFund" xlink:type="extended" xlink:title="000016 - Schedule - Annual Total Returns {Tilson Focus Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352185847183130" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352185847183130" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516Member" xlink:label="cik001295908_S000010516Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010516Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516ClassParentMember" xlink:label="cik001295908_S000010516ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010516ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029037Member" xlink:label="cik001295908_C000029037Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029037Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartTableAbstract" xlink:label="rr_BarChartTableAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_BarChartTableAbstract_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2006" xlink:label="AnnualReturn2006" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_BarChartTableAbstract_634352181919435306" xlink:to="AnnualReturn2006" order="1" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2007" xlink:label="AnnualReturn2007" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_BarChartTableAbstract_634352181919435306" xlink:to="AnnualReturn2007" order="2" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2008" xlink:label="AnnualReturn2008" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_BarChartTableAbstract_634352181919435306" xlink:to="AnnualReturn2008" order="3" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2009" xlink:label="AnnualReturn2009" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_BarChartTableAbstract_634352181919435306" xlink:to="AnnualReturn2009" order="4" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2010" xlink:label="AnnualReturn2010" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_BarChartTableAbstract_634352181919435306" xlink:to="AnnualReturn2010" order="5" use="optional" priority="9" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedTilsonFocusFund" xlink:type="extended" xlink:title="000017 - Schedule - Average Annual Total Returns {Transposed} {Tilson Focus Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352182726996522" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352182726996522" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516Member" xlink:label="cik001295908_S000010516Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010516Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516ClassParentMember" xlink:label="cik001295908_S000010516ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010516ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029037Member" xlink:label="cik001295908_C000029037Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029037Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceMeasureAxis" xlink:label="rr_PerformanceMeasureAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_PerformanceMeasureAxis_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceMeasureDomain" xlink:label="rr_PerformanceMeasureDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="rr_PerformanceMeasureDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AfterTaxesOnDistributionsMember" xlink:label="rr_AfterTaxesOnDistributionsMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="rr_AfterTaxesOnDistributionsMember" order="2" use="optional" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AfterTaxesOnDistributionsAndSalesMember" xlink:label="rr_AfterTaxesOnDistributionsAndSalesMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="rr_AfterTaxesOnDistributionsAndSalesMember" order="3" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_SP500TotalReturnIndexMember" xlink:label="cik001295908_SP500TotalReturnIndexMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="cik001295908_SP500TotalReturnIndexMember" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_DowJonesUSSelectDividendtotalReturnIndexMember" xlink:label="cik001295908_DowJonesUSSelectDividendtotalReturnIndexMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="cik001295908_DowJonesUSSelectDividendtotalReturnIndexMember" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnAbstract" xlink:label="rr_AverageAnnualReturnAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_AverageAnnualReturnAbstract_634352181919435306" order="4" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnYear01" xlink:label="rr_AverageAnnualReturnYear01_634352257448031557" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_AverageAnnualReturnAbstract_634352181919435306" xlink:to="rr_AverageAnnualReturnYear01_634352257448031557" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnYear05" xlink:label="rr_AverageAnnualReturnYear05_634352257546473109" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_AverageAnnualReturnAbstract_634352181919435306" xlink:to="rr_AverageAnnualReturnYear05_634352257546473109" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnSinceInception" xlink:label="AverageAnnualReturnSinceInception" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_AverageAnnualReturnAbstract_634352181919435306" xlink:to="AverageAnnualReturnSinceInception" order="3" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnInceptionDate" xlink:label="AverageAnnualReturnInceptionDate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_AverageAnnualReturnAbstract_634352181919435306" xlink:to="AverageAnnualReturnInceptionDate" order="4" use="optional" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/DocumentRiskReturnSummaryUnlabeledTilsonDividendFund" xlink:type="extended" xlink:title="000021 - Document - Risk/Return Summary {Unlabeled} Tilson Dividend Fund">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352182727296954" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919335162" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352182727296954" xlink:to="rr_ProspectusTable_634352181919335162" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919335162" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517Member" xlink:label="cik001295908_S000010517Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010517Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919335162" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517ClassParentMember" xlink:label="cik001295908_S000010517ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010517ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029038Member" xlink:label="cik001295908_C000029038Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029038Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskReturnAbstract" xlink:label="rr_RiskReturnAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919335162" xlink:to="rr_RiskReturnAbstract_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskReturnHeading" xlink:label="RiskReturnHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="RiskReturnHeading" order="1" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ObjectiveHeading" xlink:label="ObjectiveHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ObjectiveHeading" order="2" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ObjectivePrimaryTextBlock" xlink:label="ObjectivePrimaryTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ObjectivePrimaryTextBlock" order="3" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseHeading" xlink:label="ExpenseHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseHeading" order="4" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseNarrativeTextBlock" xlink:label="ExpenseNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseNarrativeTextBlock" order="5" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareholderFeesCaption" xlink:label="ShareholderFeesCaption" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ShareholderFeesCaption" order="6" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareholderFeesTableTextBlock" xlink:label="ShareholderFeesTableTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ShareholderFeesTableTextBlock" order="7" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_OperatingExpensesCaption" xlink:label="OperatingExpensesCaption" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="OperatingExpensesCaption" order="8" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualFundOperatingExpensesTableTextBlock" xlink:label="AnnualFundOperatingExpensesTableTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AnnualFundOperatingExpensesTableTextBlock" order="9" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleHeading" xlink:label="ExpenseExampleHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseExampleHeading" order="10" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleNarrativeTextBlock" xlink:label="ExpenseExampleNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseExampleNarrativeTextBlock" order="11" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleWithRedemptionTableTextBlock" xlink:label="ExpenseExampleWithRedemptionTableTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseExampleWithRedemptionTableTextBlock" order="12" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PortfolioTurnoverHeading" xlink:label="PortfolioTurnoverHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PortfolioTurnoverHeading" order="13" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PortfolioTurnoverTextBlock" xlink:label="PortfolioTurnoverTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PortfolioTurnoverTextBlock" order="14" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_StrategyHeading" xlink:label="StrategyHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="StrategyHeading" order="15" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_StrategyNarrativeTextBlock" xlink:label="StrategyNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="StrategyNarrativeTextBlock" order="16" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskHeading" xlink:label="RiskHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="RiskHeading" order="17" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskNarrativeTextBlock" xlink:label="RiskNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="RiskNarrativeTextBlock" order="18" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartAndPerformanceTableHeading" xlink:label="BarChartAndPerformanceTableHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartAndPerformanceTableHeading" order="19" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceNarrativeTextBlock" xlink:label="PerformanceNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceNarrativeTextBlock" order="20" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartHeading" xlink:label="BarChartHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartHeading" order="21" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartTableTextBlock" xlink:label="BarChartTableTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartTableTextBlock" order="22" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartClosingTextBlock" xlink:label="BarChartClosingTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartClosingTextBlock" order="23" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableHeading" xlink:label="PerformanceTableHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableHeading" order="24" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableNarrativeTextBlock" xlink:label="PerformanceTableNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableNarrativeTextBlock" order="25" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableTextBlock" xlink:label="PerformanceTableTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableTextBlock" order="26" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableClosingTextBlock" xlink:label="PerformanceTableClosingTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableClosingTextBlock" order="27" use="optional" priority="9" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleShareholderFeesTilsonDividendFund" xlink:type="extended" xlink:title="000022 - Schedule - Shareholder Fees {Tilson Dividend Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352182727597386" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352182727597386" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517Member" xlink:label="cik001295908_S000010517Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010517Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517ClassParentMember" xlink:label="cik001295908_S000010517ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010517ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029038Member" xlink:label="cik001295908_C000029038Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029038Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareholderFeesAbstract" xlink:label="rr_ShareholderFeesAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ShareholderFeesAbstract_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" xlink:label="MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ShareholderFeesAbstract_634352181919435306" xlink:to="MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" order="1" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RedemptionFeeOverRedemption" xlink:label="rr_RedemptionFeeOverRedemption_634352273996350666" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ShareholderFeesAbstract_634352181919435306" xlink:to="rr_RedemptionFeeOverRedemption_634352273996350666" order="2" use="optional" preferredLabel="http://xbrl.us/us-gaap/role/label/negated" priority="2" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleAnnualFundOperatingExpensesTilsonDividendFund1" xlink:type="extended" xlink:title="000023 - Schedule - Annual Fund Operating Expenses {Tilson Dividend Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352187529702474" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352187529702474" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517Member" xlink:label="cik001295908_S000010517Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010517Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517ClassParentMember" xlink:label="cik001295908_S000010517ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010517ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029038Member" xlink:label="cik001295908_C000029038Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029038Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_OperatingExpensesAbstract" xlink:label="rr_OperatingExpensesAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_OperatingExpensesAbstract_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ManagementFeesOverAssets" xlink:label="rr_ManagementFeesOverAssets_634352239955000017" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_ManagementFeesOverAssets_634352239955000017" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_DistributionAndService12b1FeesOverAssets" xlink:label="rr_DistributionAndService12b1FeesOverAssets_634352240143669429" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_DistributionAndService12b1FeesOverAssets_634352240143669429" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_OtherExpensesOverAssets" xlink:label="rr_OtherExpensesOverAssets_634352240636272846" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_OtherExpensesOverAssets_634352240636272846" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpensesOverAssets" xlink:label="rr_ExpensesOverAssets_634352240978461477" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_ExpensesOverAssets_634352240978461477" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_FeeWaiverOrReimbursementOverAssets" xlink:label="rr_FeeWaiverOrReimbursementOverAssets_634352274317008552" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_FeeWaiverOrReimbursementOverAssets_634352274317008552" order="5" use="optional" preferredLabel="http://xbrl.us/us-gaap/role/label/negated" priority="4" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_NetExpensesOverAssets" xlink:label="rr_NetExpensesOverAssets_634352241923611111" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_OperatingExpensesAbstract_634352181919435306" xlink:to="rr_NetExpensesOverAssets_634352241923611111" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="9" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleExpenseExampleTransposedTilsonDividendFund" xlink:type="extended" xlink:title="000024 - Schedule - Expense Example {Transposed} {Tilson Dividend Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352182727897818" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352182727897818" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517Member" xlink:label="cik001295908_S000010517Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010517Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517ClassParentMember" xlink:label="cik001295908_S000010517ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010517ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029038Member" xlink:label="cik001295908_C000029038Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029038Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleAbstract" xlink:label="rr_ExpenseExampleAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ExpenseExampleAbstract_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear01" xlink:label="rr_ExpenseExampleYear01_634352685035556263" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ExpenseExampleAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear01_634352685035556263" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear03" xlink:label="rr_ExpenseExampleYear03_634352685122981102" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ExpenseExampleAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear03_634352685122981102" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear05" xlink:label="rr_ExpenseExampleYear05_634352685185870906" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ExpenseExampleAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear05_634352685185870906" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear10" xlink:label="rr_ExpenseExampleYear10_634352685254068289" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ExpenseExampleAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear10_634352685254068289" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedTilsonDividendFund" xlink:type="extended" xlink:title="000025 - Schedule - Expense Example, No Redemption {Transposed} {Tilson Dividend Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352182727897818" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352182727897818" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517Member" xlink:label="cik001295908_S000010517Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010517Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517ClassParentMember" xlink:label="cik001295908_S000010517ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010517ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029038Member" xlink:label="cik001295908_C000029038Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029038Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleAnnualTotalReturnsBarChartTilsonDividendFund" xlink:type="extended" xlink:title="000026 - Schedule - Annual Total Returns {Tilson Dividend Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352188591429162" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352188591429162" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517Member" xlink:label="cik001295908_S000010517Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010517Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517ClassParentMember" xlink:label="cik001295908_S000010517ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010517ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029038Member" xlink:label="cik001295908_C000029038Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029038Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartTableAbstract" xlink:label="rr_BarChartTableAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_BarChartTableAbstract_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2006" xlink:label="AnnualReturn2006" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_BarChartTableAbstract_634352181919435306" xlink:to="AnnualReturn2006" order="1" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2007" xlink:label="AnnualReturn2007" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_BarChartTableAbstract_634352181919435306" xlink:to="AnnualReturn2007" order="2" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2008" xlink:label="AnnualReturn2008" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_BarChartTableAbstract_634352181919435306" xlink:to="AnnualReturn2008" order="3" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2009" xlink:label="AnnualReturn2009" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_BarChartTableAbstract_634352181919435306" xlink:to="AnnualReturn2009" order="4" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2010" xlink:label="AnnualReturn2010" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_BarChartTableAbstract_634352181919435306" xlink:to="AnnualReturn2010" order="5" use="optional" priority="9" />
  </presentationLink>
  <presentationLink xlink:role="http://www.ncfunds.com/role/ScheduleAverageAnnualTotalReturnsTransposedTilsonDividendFund" xlink:type="extended" xlink:title="000027 - Schedule - Average Annual Total Returns {Transposed} {Tilson Dividend Fund}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract_634352182728298394" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract_634352182728298394" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517Member" xlink:label="cik001295908_S000010517Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010517Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517ClassParentMember" xlink:label="cik001295908_S000010517ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010517ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029038Member" xlink:label="cik001295908_C000029038Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029038Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceMeasureAxis" xlink:label="rr_PerformanceMeasureAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_PerformanceMeasureAxis_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceMeasureDomain" xlink:label="rr_PerformanceMeasureDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="rr_PerformanceMeasureDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AfterTaxesOnDistributionsMember" xlink:label="rr_AfterTaxesOnDistributionsMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="rr_AfterTaxesOnDistributionsMember" order="2" use="optional" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AfterTaxesOnDistributionsAndSalesMember" xlink:label="rr_AfterTaxesOnDistributionsAndSalesMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="rr_AfterTaxesOnDistributionsAndSalesMember" order="3" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_SP500TotalReturnIndexMember" xlink:label="cik001295908_SP500TotalReturnIndexMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="cik001295908_SP500TotalReturnIndexMember" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_DowJonesUSSelectDividendtotalReturnIndexMember" xlink:label="cik001295908_DowJonesUSSelectDividendtotalReturnIndexMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="cik001295908_DowJonesUSSelectDividendtotalReturnIndexMember" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnAbstract" xlink:label="rr_AverageAnnualReturnAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_AverageAnnualReturnAbstract_634352181919435306" order="4" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnYear01" xlink:label="rr_AverageAnnualReturnYear01_634352256440281336" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_AverageAnnualReturnAbstract_634352181919435306" xlink:to="rr_AverageAnnualReturnYear01_634352256440281336" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnYear05" xlink:label="rr_AverageAnnualReturnYear05_634352256643371340" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_AverageAnnualReturnAbstract_634352181919435306" xlink:to="rr_AverageAnnualReturnYear05_634352256643371340" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnSinceInception" xlink:label="AverageAnnualReturnSinceInception" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_AverageAnnualReturnAbstract_634352181919435306" xlink:to="AverageAnnualReturnSinceInception" order="3" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnInceptionDate" xlink:label="AverageAnnualReturnInceptionDate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_AverageAnnualReturnAbstract_634352181919435306" xlink:to="AverageAnnualReturnInceptionDate" order="4" use="optional" />
  </presentationLink>
  <presentationLink xlink:role="http://xbrl.sec.gov/rr/role/RiskReturnDetailData" xlink:type="extended" xlink:title="040000 - Disclosure - Risk/Return Detail Data {Elements}">
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_TilsonInvestmentTrustAbstract" xlink:label="cik001295908_TilsonInvestmentTrustAbstract" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusTable" xlink:label="rr_ProspectusTable_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="cik001295908_TilsonInvestmentTrustAbstract" xlink:to="rr_ProspectusTable_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="dei_LegalEntityAxis_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="dei_EntityDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516Member" xlink:label="cik001295908_S000010516Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010516Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517Member" xlink:label="cik001295908_S000010517Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_LegalEntityAxis_634352181919435306" xlink:to="cik001295908_S000010517Member" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusShareClassAxis" xlink:label="rr_ProspectusShareClassAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_ProspectusShareClassAxis_634352181919435306" order="2" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010516ClassParentMember" xlink:label="cik001295908_S000010516ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010516ClassParentMember" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029037Member" xlink:label="cik001295908_C000029037Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029037Member" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_S000010517ClassParentMember" xlink:label="cik001295908_S000010517ClassParentMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_S000010517ClassParentMember" order="3" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_C000029038Member" xlink:label="cik001295908_C000029038Member" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="cik001295908_C000029038Member" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareClassDomain" xlink:label="rr_ShareClassDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusShareClassAxis_634352181919435306" xlink:to="rr_ShareClassDomain_634352181919435306" order="5" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceMeasureAxis" xlink:label="rr_PerformanceMeasureAxis_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_PerformanceMeasureAxis_634352181919435306" order="3" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceMeasureDomain" xlink:label="rr_PerformanceMeasureDomain_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="rr_PerformanceMeasureDomain_634352181919435306" order="1" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AfterTaxesOnDistributionsMember" xlink:label="rr_AfterTaxesOnDistributionsMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="rr_AfterTaxesOnDistributionsMember" order="2" use="optional" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AfterTaxesOnDistributionsAndSalesMember" xlink:label="rr_AfterTaxesOnDistributionsAndSalesMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="rr_AfterTaxesOnDistributionsAndSalesMember" order="3" use="optional" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_SP500TotalReturnIndexMember" xlink:label="cik001295908_SP500TotalReturnIndexMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="cik001295908_SP500TotalReturnIndexMember" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="cik0001295908-20110228.xsd#cik001295908_DowJonesUSSelectDividendtotalReturnIndexMember" xlink:label="cik001295908_DowJonesUSSelectDividendtotalReturnIndexMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_PerformanceMeasureAxis_634352181919435306" xlink:to="cik001295908_DowJonesUSSelectDividendtotalReturnIndexMember" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskReturnAbstract" xlink:label="rr_RiskReturnAbstract_634352181919435306" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_ProspectusTable_634352181919435306" xlink:to="rr_RiskReturnAbstract_634352181919435306" order="4" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_DocumentType" xlink:label="DocumentType" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="DocumentType" order="1" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="DocumentPeriodEndDate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="DocumentPeriodEndDate" order="2" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityRegistrantName" xlink:label="EntityRegistrantName" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="EntityRegistrantName" order="3" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="EntityCentralIndexKey" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="EntityCentralIndexKey" order="4" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_AmendmentFlag" xlink:label="AmendmentFlag" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AmendmentFlag" order="5" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_DocumentCreationDate" xlink:label="DocumentCreationDate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="DocumentCreationDate" order="6" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://taxonomies.xbrl.us/us-gaap/2009/non-gaap/dei-2009-01-31.xsd#dei_DocumentEffectiveDate" xlink:label="DocumentEffectiveDate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="DocumentEffectiveDate" order="7" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ProspectusDate" xlink:label="ProspectusDate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ProspectusDate" order="8" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskReturnHeading" xlink:label="RiskReturnHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="RiskReturnHeading" order="9" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ObjectiveHeading" xlink:label="ObjectiveHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ObjectiveHeading" order="10" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ObjectivePrimaryTextBlock" xlink:label="ObjectivePrimaryTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ObjectivePrimaryTextBlock" order="11" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseHeading" xlink:label="ExpenseHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseHeading" order="12" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseNarrativeTextBlock" xlink:label="ExpenseNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseNarrativeTextBlock" order="13" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ShareholderFeesCaption" xlink:label="ShareholderFeesCaption" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ShareholderFeesCaption" order="14" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" xlink:label="MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" order="15" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RedemptionFeeOverRedemption" xlink:label="rr_RedemptionFeeOverRedemption_634352609667834320" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="rr_RedemptionFeeOverRedemption_634352609667834320" order="16" use="optional" preferredLabel="http://xbrl.us/us-gaap/role/label/negated" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_OperatingExpensesCaption" xlink:label="OperatingExpensesCaption" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="OperatingExpensesCaption" order="17" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ManagementFeesOverAssets" order="18" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="DistributionAndService12b1FeesOverAssets" order="19" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_OtherExpensesOverAssets" xlink:label="rr_OtherExpensesOverAssets_634352610671667752" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="rr_OtherExpensesOverAssets_634352610671667752" order="20" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpensesOverAssets" xlink:label="rr_ExpensesOverAssets_634352610922025252" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="rr_ExpensesOverAssets_634352610922025252" order="21" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_FeeWaiverOrReimbursementOverAssets" xlink:label="rr_FeeWaiverOrReimbursementOverAssets_634352613458847728" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="rr_FeeWaiverOrReimbursementOverAssets_634352613458847728" order="22" use="optional" preferredLabel="http://xbrl.us/us-gaap/role/label/negated" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_NetExpensesOverAssets" xlink:label="rr_NetExpensesOverAssets_634352613765886166" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="rr_NetExpensesOverAssets_634352613765886166" order="23" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination" xlink:label="FeeWaiverOrReimbursementOverAssetsDateOfTermination" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="FeeWaiverOrReimbursementOverAssetsDateOfTermination" order="24" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PortfolioTurnoverHeading" xlink:label="PortfolioTurnoverHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PortfolioTurnoverHeading" order="25" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PortfolioTurnoverTextBlock" xlink:label="PortfolioTurnoverTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PortfolioTurnoverTextBlock" order="26" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PortfolioTurnoverRate" xlink:label="PortfolioTurnoverRate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PortfolioTurnoverRate" order="27" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleHeading" xlink:label="ExpenseExampleHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseExampleHeading" order="28" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleNarrativeTextBlock" xlink:label="ExpenseExampleNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="ExpenseExampleNarrativeTextBlock" order="29" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear01" xlink:label="rr_ExpenseExampleYear01_634352614050292286" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear01_634352614050292286" order="30" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear03" xlink:label="rr_ExpenseExampleYear03_634352614129805828" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear03_634352614129805828" order="31" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear05" xlink:label="rr_ExpenseExampleYear05_634352614190692772" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear05_634352614190692772" order="32" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_ExpenseExampleYear10" xlink:label="rr_ExpenseExampleYear10_634352614248274997" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="rr_ExpenseExampleYear10_634352614248274997" order="33" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_StrategyHeading" xlink:label="StrategyHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="StrategyHeading" order="34" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_StrategyNarrativeTextBlock" xlink:label="StrategyNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="StrategyNarrativeTextBlock" order="35" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskHeading" xlink:label="RiskHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="RiskHeading" order="36" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskNarrativeTextBlock" xlink:label="RiskNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="RiskNarrativeTextBlock" order="37" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskLoseMoney" xlink:label="RiskLoseMoney" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="RiskLoseMoney" order="38" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_RiskNondiversifiedStatus" xlink:label="RiskNondiversifiedStatus" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="RiskNondiversifiedStatus" order="39" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartAndPerformanceTableHeading" xlink:label="BarChartAndPerformanceTableHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartAndPerformanceTableHeading" order="40" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceNarrativeTextBlock" xlink:label="PerformanceNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceNarrativeTextBlock" order="41" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceInformationIllustratesVariabilityOfReturns" xlink:label="PerformanceInformationIllustratesVariabilityOfReturns" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceInformationIllustratesVariabilityOfReturns" order="42" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceAvailabilityWebSiteAddress" xlink:label="PerformanceAvailabilityWebSiteAddress" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceAvailabilityWebSiteAddress" order="43" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformancePastDoesNotIndicateFuture" xlink:label="PerformancePastDoesNotIndicateFuture" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformancePastDoesNotIndicateFuture" order="44" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartHeading" xlink:label="BarChartHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartHeading" order="45" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2006" xlink:label="AnnualReturn2006" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AnnualReturn2006" order="46" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2007" xlink:label="AnnualReturn2007" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AnnualReturn2007" order="47" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2008" xlink:label="AnnualReturn2008" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AnnualReturn2008" order="48" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2009" xlink:label="AnnualReturn2009" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AnnualReturn2009" order="49" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AnnualReturn2010" xlink:label="AnnualReturn2010" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AnnualReturn2010" order="50" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartClosingTextBlock" xlink:label="BarChartClosingTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartClosingTextBlock" order="51" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_YearToDateReturnLabel" xlink:label="YearToDateReturnLabel" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="YearToDateReturnLabel" order="52" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartYearToDateReturnDate" xlink:label="BarChartYearToDateReturnDate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartYearToDateReturnDate" order="53" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartYearToDateReturn" xlink:label="BarChartYearToDateReturn" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartYearToDateReturn" order="54" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_HighestQuarterlyReturnLabel" xlink:label="HighestQuarterlyReturnLabel" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="HighestQuarterlyReturnLabel" order="55" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartHighestQuarterlyReturnDate" xlink:label="BarChartHighestQuarterlyReturnDate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartHighestQuarterlyReturnDate" order="56" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartHighestQuarterlyReturn" xlink:label="BarChartHighestQuarterlyReturn" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartHighestQuarterlyReturn" order="57" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_LowestQuarterlyReturnLabel" xlink:label="LowestQuarterlyReturnLabel" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="LowestQuarterlyReturnLabel" order="58" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartLowestQuarterlyReturnDate" xlink:label="BarChartLowestQuarterlyReturnDate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartLowestQuarterlyReturnDate" order="59" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_BarChartLowestQuarterlyReturn" xlink:label="BarChartLowestQuarterlyReturn" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="BarChartLowestQuarterlyReturn" order="60" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableHeading" xlink:label="PerformanceTableHeading" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableHeading" order="61" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableUsesHighestFederalRate" xlink:label="PerformanceTableUsesHighestFederalRate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableUsesHighestFederalRate" order="62" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableNotRelevantToTaxDeferred" xlink:label="PerformanceTableNotRelevantToTaxDeferred" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableNotRelevantToTaxDeferred" order="63" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableNarrativeTextBlock" xlink:label="PerformanceTableNarrativeTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableNarrativeTextBlock" order="64" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceTableClosingTextBlock" xlink:label="PerformanceTableClosingTextBlock" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="PerformanceTableClosingTextBlock" order="65" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnYear01" xlink:label="AverageAnnualReturnYear01" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AverageAnnualReturnYear01" order="66" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnYear05" xlink:label="AverageAnnualReturnYear05" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AverageAnnualReturnYear05" order="67" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnSinceInception" xlink:label="AverageAnnualReturnSinceInception" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AverageAnnualReturnSinceInception" order="68" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AverageAnnualReturnInceptionDate" xlink:label="AverageAnnualReturnInceptionDate" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rr_RiskReturnAbstract_634352181919435306" xlink:to="AverageAnnualReturnInceptionDate" order="69" use="optional" priority="9" />
  </presentationLink>
  <presentationLink xlink:role="http://xbrl.sec.gov/rr/role/PerformanceMeasure" xlink:type="extended" xlink:title="050030 - Document - Performance Measure">
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_PerformanceMeasureAxis" xlink:label="PerformanceMeasureAxis" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AfterTaxesOnDistributionsMember" xlink:label="AfterTaxesOnDistributionsMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="PerformanceMeasureAxis" xlink:to="AfterTaxesOnDistributionsMember" order="1" use="optional" priority="9" />
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/rr/2010/rr-2010-02-28.xsd#rr_AfterTaxesOnDistributionsAndSalesMember" xlink:label="AfterTaxesOnDistributionsAndSalesMember" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="PerformanceMeasureAxis" xlink:to="AfterTaxesOnDistributionsAndSalesMember" order="2" use="optional" priority="9" />
  </presentationLink>
</linkbase>
