Seix Global Strategy

Fund Resources

Class	CUSIP	Ticker
A	76628T 199	CGSAX
C	76628T181	CGSCX
I	76628T215	CGSIX

Subadvisor

Seix Investment Advisors

Objective of the strategy

The strategy seeks to provide high total return from current income and capital appreciation by investing in foreign and U.S. dollar denominated instruments that present favorable opportunities.

Complementary Fund

Investment Grade Tax-Exempt Bond Fund

IGTE

There is no guarantee these funds will meet your investment objective.

What are the principles that have enabled the strategy

Targeted universe – emerging markets and non-dollar bond markets represent an attractive opportunity set.

Multiple value sources – create value through in-depth country research and optimal structures. Investments in countries are modeled according to specifics that drive their currency and economy, to determine those that provide the best relative value. The investment team seeks to add value by looking for positive investment fundamentals and making effective use of structure.

Risk controls – diversification controls are in place to limit country, counter-party and individual security weights within the portfolio.

Investment Risks

Mutual fund investing involves risk, including possible loss of principal.

Debt securities will generally lose value if interest rates increase. Interest rate risk is generally higher for investments with longer maturities or durations. Debt securities are subject to the risk that an issuer will fail to make timely payments of interest or principal or go bankrupt, reducing the Fund’s return. The lower the rating of a debt security, the higher its credit risk.

To implement its investment strategy, the Fund will enter into foreign currency forward contracts and will buy or sell derivative instruments (such as credit linked notes, futures, options, inverse floaters, swaps, including credit default swaps and warrants) to use as a substitute for a purchase or sale of a position in the underlying assets and/or as part of a strategy designed to reduce exposure to other risks. Because the Fund may invest in derivatives, it may be exposed to additional volatility and potential loss.

Foreign securities involve special risks such as currency fluctuations, economic or financial instability, lack of timely or reliable financial information and unfavorable political or legal developments. These risks are increased for investments in emerging markets. Changes in foreign currency exchange rates will affect the value of what the Fund owns and the price of the Fund’s shares. Generally, when the U.S. dollar rises in value against a foreign currency, an investment in that country loses value because that currency is worth fewer U.S. dollars. Devaluation of a currency by a country’s government or banking authority, or as a result of political, social or economic events, also will have a significant impact on the value of any investments denominated in that currency.

The Fund is non-diversified and may buy and sell securities frequently, which may result in higher transaction costs and lower performance, and will be more likely to generate short-term capital gains (which are generally taxed at ordinary income tax rates).