Re-examine the '40' in your 60/40 portfolio

This information must be preceded or accompanied by a current prospectus. Read it carefully before investing.

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

International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations.

Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.

Derivatives may not work as intended and may result in losses.

Strategies intended to hedge risk may be partly or wholly unsuccessful.  

Dividends are never guaranteed.

Investments in smaller companies typically exhibit higher volatility.

The Fund may frequently change its holdings, resulting in higher fees, lower returns, and more capital gains.

The value of your investment is also subject to geopolitical risks such as wars, terrorism, environmental disasters, and public health crises; the risk of technology malfunctions or disruptions; and the responses to such events by governments and/or individual companies.

Distributed by Victory Capital Services, Inc., an affiliate of Victory Capital Management Inc., the Fund's investment adviser.

Not FDIC Insured • May Lose Value • No Bank Guarantee