Necessary Disclosures
Disclosures: Any opinions expressed listed below are statements of judgment on this date and are topic to future change with out discover. This info could include ahead wanting predictions which can be topic to sure dangers and uncertainties which might trigger precise outcomes to vary materially from these at present anticipated or projected. The data contained herein has been compiled from sources believed to be dependable; nonetheless, there is no such thing as a assure of its accuracy or completeness.
BLOOMBERG® is a trademark and repair mark of Bloomberg Finance L.P. and its associates (collectively “Bloomberg”). Bloomberg or Bloomberg’s licensors personal all proprietary rights within the Bloomberg Indices. Bloomberg doesn’t approve or endorse this materials or assure the accuracy or completeness of any info herein, nor does Bloomberg make any guarantee, categorical or implied, as to the outcomes to be obtained therefrom, and, to the utmost extent allowed by regulation, Bloomberg shall not have any legal responsibility or accountability for harm or damages arising in connection therewith.
Mutual Fund investing entails threat, principal loss is feasible. An investor ought to contemplate the fund’s funding targets, dangers and fees and bills fastidiously earlier than investing. The fund’s prospectus comprises this and different vital info. You might receive a replica of the fund’s prospectus by calling (888) 285-1863. Buyers ought to learn the prospectus fastidiously and focus on their targets with a certified funding skilled earlier than deciding to take a position.
Distributed by Ultimus Fund Distributors, LLC.
*The Present Expense Ratio is the expense ratio as a share of the Fund’s common every day internet property as of the date listed above. The Present Expense Ratio could fluctuate based mostly upon plenty of elements, together with adjustments within the Fund’s internet property.
Threat Disclosures:
DAVPX – The fund could not obtain its goal and/or you would lose cash in your funding within the fund. Inventory markets and investments in particular person shares are risky and might decline considerably in response to market, overseas securities, small firm, alternate traded fund, funding model and administration dangers.
DVIPX – The fund could not obtain its goal and/or you would lose cash in your funding within the fund. Inventory markets and investments in particular person shares are risky and might decline considerably in response to market, overseas securities, small firm, alternate traded fund, funding model and administration dangers. There is no such thing as a assure that an organization will proceed to pay a dividend.
DEOPX – The fund could not obtain its goal and/or you would lose cash in your funding within the fund. Inventory markets and investments in particular person shares are risky and might decline considerably in response to market, overseas securities, small firm, alternate traded fund, funding model and administration dangers. Small and mid cap firm shares could also be extra risky than shares of bigger, extra established corporations.
DSCPX – The fund could not obtain its goal and/or you would lose cash in your funding within the fund. Inventory markets and investments in particular person shares are risky and might decline considerably in response to market, overseas securities, small firm, alternate traded fund, funding model and administration dangers. Small and mid cap firm shares could also be extra risky than shares of bigger, extra established corporations.
DBALX – Investments in debt devices could decline in worth as the results of declines within the credit score high quality of the issuer, borrower, counterparty, or different entity answerable for fee, underlying collateral, or adjustments in financial, political, issuer-specific, or different situations. Sure varieties of debt devices may be extra delicate to those elements and due to this fact extra risky. As well as, debt devices entail rate of interest threat (as rates of interest rise, costs often fall), due to this fact the Fund’s share worth could decline throughout rising charges. Funds that include debt devices with longer durations are usually extra delicate to an increase in rates of interest than these with shorter durations. Investments in under funding grade high quality debt devices may be extra risky and have larger threat of default, or already be in default, than higher-quality debt devices. Investments in municipal devices may be risky and considerably affected.
DBUYX – The fund could not obtain its goal and/or you would lose cash in your funding within the fund. Inventory markets and investments in particular person shares are risky and might decline considerably in response to market, overseas securities, small firm, alternate traded fund, funding model and administration dangers. Small and mid cap firm shares could also be extra risky than shares of bigger, extra established corporations.
Please see the prospectus for additional info on these and different threat concerns.
Efficiency proven is historic and is not any assure of future outcomes. Investing in securities carries threat together with the attainable lack of principal. Efficiency is proven internet of charges.
Index Definitions: U.S. Giant Caps represented by the S&P 500 Whole Return Index . U.S. Mid Caps represented by the Russell Midcap Index . U.S. Small Caps represented by the Russell 2000 Index . Worldwide Developed Markets represented by the MSCI (MSCI) EAFE Index . Rising Markets represented by the MSCI EM Index . Intermediate Time period Bonds represented by the Bloomberg Intermediate Authorities/Credit score Index .
The S&P 500 Index is comprised of 500 U. S. shares and is an indicator of the efficiency of the general U.S. inventory market. An index is just not out there for direct funding; due to this fact its efficiency doesn’t replicate the bills, charges and taxes usually paid with the energetic administration of an precise portfolio. Normal & Poor’s Monetary Providers LLC, a division of S&P World (SPGI), is the supply and proprietor of the registered emblems associated to the S&P 500 Index. The Russell 2000® Index measures the efficiency of the two,000 smallest corporations within the Russell 3,000 index, representing roughly 8% of the overall market capitalization of the Russell 3000. The Russell 1000® Development Index measures the efficiency of the Russell 1000 corporations with larger price-to-book ratios and better forecasted development values. The Russell 1000® Worth Index measures the efficiency of the Russell 1000 corporations with decrease price-to-book ratios and decrease forecasted development values. The Russell Midcap® Index measures the efficiency of the 800 smallest corporations within the Russell 1000, which signify roughly 25% of the overall market capitalization of the Russell 1000. The Russell 2000® Index and Russell Midcap® Index are trademark/service marks of the Frank Russell Co. London Inventory Change Group (LDNXF, LNSTY) PLC (OTCPK:LDNXF) and its group undertakings (collectively, the “LSE Group”). © LSE Group 2025. FTSE Russell is a buying and selling identify of sure LSE Group corporations. “Russell®” is a commerce mark of the related LSE Group corporations and is utilized by another LSE Group firm underneath license. All rights within the FTSE Russell indexes or information vest in related LSE Group firm which owns the index or the info. Neither LSE Group nor its licensors settle for any legal responsibility for any errors or omissions within the indexes or information and no social gathering could depend on any indexes or information contained on this communication. No additional distribution of knowledge from LSE Group is permitted with out the related LSE Group firm’s categorical written consent. The LSE Group doesn’t promote/sponsor/endorse the content material of this communication. The MSCI Europe, Australia and Far East (MSCI EAFE) Index is an unmanaged index composed of the shares of roughly 1,000 corporations traded on 20 inventory exchanges from around the globe, excluding the U.S., Canada, and Latin America. The MSCI Rising Markets (MSCI EM) Index is a capitalization-weighted index of shares from 26 rising markets that solely consists of points that could be traded by overseas traders. The reported returns replicate equities priced in US {dollars} and don’t embrace the consequences of reinvested dividends. The Bloomberg Intermediate Authorities/Credit score Index is an unmanaged index composed of debt securities with maturities from one to 10 years issued or assured by the U.S. Treasury, U.S. Authorities companies, quasi-federal companies and stuck fee greenback denominated SEC-registered company debt which can be rated funding grade or larger by Moody’s (MCO) Buyers Service and Normal and Poor’s Company or Fitch Investor’s Service, in that order. The Bloomberg US Authorities/Credit score Bond Index is a broad-based flagship benchmark that measures the non-secured element of the US Mixture Index. The Bloomberg Municipal 1-10 Yr Mix 1-12 Yr Index measures the efficiency of quick and intermediate elements of the Municipal Bond Index. The Bloomberg 1-5 Yr Authorities/Credit score Index measures the efficiency of U.S. greenback denominated U.S. Treasury bonds, authorities associated bonds (i.e., U.S. and non-U.S. companies, sovereign, quasi-sovereign, supranational and native authority debt) and funding grade U.S. company bonds which have a remaining maturity of larger than or equal to at least one yr and fewer than 5 years. The Bloomberg 1-3 Yr US Authorities/Credit score Whole Return Index measures the efficiency of US Treasury securities which have a maturity starting from 1-3 years. This can be utilized as a benchmark for short-term maturity mounted revenue securities. The Bloomberg U.S. Company Excessive Yield Bond Index measures the USD-denominated, excessive yield, fixed-rate company bond market. The S&P 500® Equal Weight Index (EWI) is the equal-weight model of the widely-used S&P 500. The index consists of the identical constituents because the capitalization weighted S&P 500, however every firm within the S&P 500 EWI is allotted a set weight – or 0.2% of the index complete at every quarterly rebalance. An investor can not put money into these indices and their returns usually are not indicative of the efficiency of any particular funding.
