*The Fiera Capital Diversified Alternatives Fund was formerly known as the Rothschild Larch Lane Alternatives Fund as of July 13, 2016. The Fund continues to be managed with the same investment approach and strategy.
**Alpha is a measure of the active return on an investment.
There is no guarantee that the product will achieve any of these benefits.
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To determine if this Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the Fund’s summary and full prospectuses, which may be obtained by calling 844.755.3863, or by clicking the linked files above. Please read the prospectus carefully before investing.
The Fiera Capital Diversified Alternatives Fund is distributed by SEI Investments Distribution Co, which is not affiliated with the adviser or any of its affiliates nor with any of the sub-advisers.
Investing involves risk, including possible loss of principal. The Fund may invest in bonds. Bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise. The Fund uses investment techniques that are different from the risks ordinarily associated with equity investments. Such techniques and strategies include the use of derivatives, short sales, and leverage and investments in commodity-linked securities and foreign securities. Derivatives are often more volatile than other investments and may magnify the Fund’s gains or losses. With short sales, the Fund risks paying more for a security than it received from its sale. Short sale losses are potentially unlimited and the expenses involved with the shorting strategy may negatively impact the performance of the Fund. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from social, economic, or political instability in other nations. Commodity linked securities can be more volatile and less liquid than the underlying commodities themselves and the use of leverage may accelerate the velocity of potential losses The Fund uses a multi-manager structure. It is possible that the investment styles used by a Sub-Adviser in an asset class or investment strategy will not always be complementary to those used by others, which could adversely affect the performance of the Fund.