GW&K Multi-Cap Equity Fund

Gannett Welsh & Kotler, LLC

Gannett Welsh & Kotler, LLC is the subadvisor for the GW&K Multi-Cap Equity Fund.

GW&K , located at 222 Berkeley St., Boston, MA 02116, has advised individual and institutional clients since 1974. The firm offers highly personalized investment services in three principal investment strategies: multi-cap and small-cap equities, intermediate duration municipal bonds, and core taxable fixed income investments. The firm manages mutual funds and separately managed accounts for clients who wish to benefit from the firm's depth of research and investment expertise.

Portfolio Manager

Edward B. White, CFA, CIC
Principal and First Senior Vice President

Mr. White, CFA, is lead portfolio manager for the Fund. Mr. White has been a Principal and First Senior Vice President of GW&K for the last 5 years, and joined GW&K as a Principal and Senior Vice President in 1989 to direct the firm's Equity Investment Program. He has managed the Fund (and its predecessor funds) since its inception in 1996.

Disclosure
Investors should carefully consider the fund's investment objectives, risks, charges, and expenses before investing. For this and other information, please call 800.835.3879 or download a free prospectus. Read it carefully before investing or sending money.

The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields on the Fund are net of expenses and the returns and yields on the indices exclude expenses. Current performance of the Fund may be lower or higher than the performance quoted.