Risks

Consider the fund’s investment objective, risk, and charges and expenses. This and other information can be found in the fund’s prospectus and the summary prospectus, which may be obtained by visiting the fund’s webpage at www.argainvest.com/mutual-funds or by calling 866-234-ARGA (866-234-2742). Please read the prospectus and summary prospectus carefully before investing.

There are risks involved in investing, including the loss of principal. There is no guarantee that the Fund will achieve its investment objective. Because the Fund is new, investors bear the risk that the Fund may not be successful in implementing its investment strategy or may fail to attract sufficient assets under management to realize economies of scale. The Fund may purchase and hold securities that present ESG risks. The ESG integration considerations may also cause the Fund to perform differently compared to accounts that do not integrate ESG considerations. The value investment style may increase the risks of investing in the Fund. If the Adviser’s assessment of market conditions, or a company’s value or prospects for exceeding earnings expectations is inaccurate, the Fund could suffer losses or produce poor performance relative to other funds. The Fund is subject to the risk that the Adviser’s judgments about the attractiveness, value, or potential appreciation of the Fund’s investments may prove to be incorrect causing the Fund to underperform in comparison to other funds with similar objectives and investment strategies. Small and medium capitalization companies in which the Fund may invest may be more vulnerable to adverse business or economic events than larger, more established companies. Investments in rights or warrants involve the risk of loss of the purchase value of a right or warrant if the right to subscribe to additional shares is not exercised prior to the right’s or warrant’s expiration. Privately placed securities may be less liquid than in publicly traded securities. Investments in MLPs will be negatively impacted by economic events adversely impacting that industry. REITs and ETFs typically incur fees that are separate from those of the Fund. In addition, the impact of any epidemic, pandemic or natural disaster, or widespread fear that such events may occur, could negatively affect the global economy, as well as the economies of individual countries, the financial performance of individual companies and sectors, and the markets in general in significant and unforeseen ways. Any such impact could adversely affect the prices and liquidity of the securities and other instruments in which the Fund invests, which in turn could negatively impact the Fund’s performance and cause losses on your investment in the Fund. Market risk may affect a single issuer, an industry, a sector or the equity or bond market as a whole.

The funds are distributed by SEI Investment Distribution Company (SIDCO) 1 Freedom Valley Dr., Oaks PA 19456. SIDCO is not affiliated with ARGA. Check the background of SIDCO on FINRA’s BrokerCheck.

The benchmarks are the Russell 1000 Value Index and S&P 500 Index and are net of withholding taxes on dividends, interest income and capital gains. The Russell 1000 Value Index is a broad-based, unmanaged equity market index composed of those Russell 1000 companies with lower price-to-book ratios and lower forecasted growth values. Russell 1000® is a trademark of the London Stock Exchange Group plc. The S&P 500 Index is a market capitalization-weighted index of 500 large-capitalization stocks commonly used to represent the U.S. equity market. S&P 500® is a trademark of S&P Global Inc. Index returns do not reflect any management fees, transaction costs or expenses. Indices are unmanaged and one cannot invest directly in an index.