Victory Market Neutral Income Fund (CBHIX) surpasses $5B in assets

Learn more about this fund designed to seek income from its investments while maintaining a low correlation to stocks and bonds.

Honored to be named in the top 10 of Fortune’s 100 Fastest-Growing Companies for 2021!

Crypto Assets Fund

Separately Managed Accounts

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BROCHURE

Learn more about the THB Small Cap Core Separately Managed Account

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NEWS

Victory Capital receives high honors in Barron’s Best Fund Families of 2021

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Investment Franchises

Our clients choose from investment strategies managed by 12 highly specialized Investment Franchises, each with an independent brand and investment approach. Our investment professionals leverage a centralized operations and distribution platform, so that they can focus their efforts on serving clients and delivering results. We also offer a Solutions Platform, featuring an array of multi-asset, multi-manager, quantitative and rules-based strategies as well as our innovative VictoryShares ETFs.

OVERVIEW: INCORE CAPITAL MANAGEMENT

Fixed income professionals, specializing in total return and convertible securities strategies. Team’s process is independent, comprehensive and repeatable.

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OVERVIEW: INTEGRITY ASSET MANAGEMENT

Institutional approach to managing value-oriented equities. Fundamental process seeks to identify the right company at the right price at the right time.

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OVERVIEW: MUNDER CAPITAL MANAGEMENT

Growth and core equity specialists since 1998. Focus on superior stock selection through fundamental research.

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OVERVIEW: NEW ENERGY CAPITAL

New Energy Capital is a leading alternative asset management team that invests across the capital structures of small-and mid-sized clean energy infrastructure projects and companies.

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OVERVIEW: NEWBRIDGE ASSET MANAGEMENT

Fundamental, high conviction approach to large cap growth and global strategies.

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OVERVIEW: RS INVESTMENTS

Actively managed growth, value and global equity strategies rooted in critical thinking, deep research and careful security selection.

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OVERVIEW: SOPHUS CAPITAL

Emerging markets specialists. Integrate quantitative and fundamental research to identify companies with the potential for sustained above-average earnings growth at attractive valuations.

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OVERVIEW: SYCAMORE CAPITAL

Mid and small cap value specialists. Team’s process is Disciplined, Sustainable and Rooted in Value.

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OVERVIEW: THB ASSET MANAGEMENT

THB focuses on managing niche U.S., global and international micro, small and mid capitalization investment strategies that have the potential to deliver strong absolute returns for our clients. Our approach is rooted in identifying and exploiting inefficiencies in the markets while applying a robust environmental, social and governance (ESG) practice.

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OVERVIEW: TRIVALENT INVESTMENTS

Quantitative and fundamental approach to managing international equity strategies.

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OVERVIEW: USAA INVESTMENTS, A VICTORY CAPITAL INVESTMENT FRANCHISE

The brand you trust is now backed by the investment expertise of Victory Capital.

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OVERVIEW: VICTORY CAPITAL SOLUTIONS

Victory Capital’s Solutions Platform has three primary focuses: steering innovative product development, managing client investments, and developing customized, forward-thinking portfolios across asset classes, geographies, and investment approaches.

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OVERVIEW: WESTEND ADVISORS

Active, high-conviction strategies rooted in intensive macroeconomic research and deep wisdom about the forces that drive domestic and global market sectors.

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Resources

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Carefully consider a fund's investment objectives, risks, charges and expenses before investing. Download a prospectus or summary prospectus containing this and other important information. Read it carefully before investing.

All investing involves risk, including the potential loss of principal.

Barron’s ranked Victory Capital Management Inc. 8^th overall out of 51 fund families for the one-year period ended December 31, 2021, first in the Mixed Asset Category and third in the Municipal Bond category. Barron’s ranked USAA Investments 14^th out of 51 fund families overall for the one-year period ended December 31, 2021, third in the Taxable Bond category and fourth in the Municipal Bond category.

The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.

The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. USAA Ultra Short-Term Bond Fund Class R6 was selected from among 50 funds and 145 share classes in the ultra-short obligation fund category over three years for the period ending November 30, 2021. USAA Ultra Short-Term Bond Fund Class I was selected from among 46 funds and 120 share classes in the ultra-short obligation fund category over five years for the period ending November 30, 2021. Victory Floating Rate Fund Class Y was selected from among 53 funds and 217 share classes in the loan participation fund category over three years for the period ending November 30, 2021. USAA Nasdaq-100 index Fund Class Fund was selected from among 140 funds and 419 share classes in the large-cap growth fund category over ten years for the period ending November 30, 2021. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.

From Fortune. ©2021 Fortune Media IP Limited All rights reserved. Used under license. Fortune is a registered trademark of Fortune Media IP Limited and is used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Victory Capital Management Inc.

Victory Capital means Victory Capital Management Inc., the investment adviser of the Victory Capital mutual funds, USAA Mutual Funds and VictoryShares ETFs. Victory Capital mutual funds and USAA Mutual Funds are distributed by Victory Capital Services, Inc. (VCS), an affiliate of Victory Capital. VictoryShares ETFs are distributed by Foreside Fund Services, LLC (Foreside). VCS and Foreside are members of FINRA. VCS and Victory Capital are not affiliated with Foreside. USAA is not affiliated with Foreside, Victory Capital, or VCS. USAA and the USAA logos are registered trademarks and the USAA Mutual Funds and USAA Investments logos are trademarks of United Services Automobile Association and are being used by Victory Capital and its affiliates under license.

Advisory services for the separately managed accounts and crypto assets are offered by Victory Capital Management Inc., an SEC-registered investment advisor.

The WestEnd ETF portfolios are managed by WestEnd Advisors, an SEC-registered investment advisor.

The Victory Hashdex Nasdaq Crypto Index Fund LLC is a private fund; it is not an investment company registered under the Investment Company Act of 1940, and therefore is not subject to the same regulatory requirements as mutual funds or ETFs. Investments in shares of the Fund are speculative and involve a high degree of risk. Before making an investment decision, you should carefully consider the risk factors and other information included in the Private Placement Memorandum. Investors in the fund must be verified as Accredited Investors.

Victory Capital Services, Inc., an affiliate of Victory Capital Management Inc., the Victory Hashdex Nasdaq Crypto Index Fund's investment advisor, will act as placement agent to the Fund.

Not FDIC Insured • May Lose Value • No Bank Guarantee

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