https://www.sec.gov/Archives/edgar/data/1141819/000089418919007400/gersteinsupplementv5confid.htm1 gersteinsupplementv5confid.htm 497E GERSTEIN FISHER SUPPLEMENT
Filed pursuant to Rule 497(e)
Registration Nos. 333-62298; 811-10401
Supplement dated November 4, 2019
to the
Gerstein Fisher Multi-Factor® Growth Equity Fund
Gerstein Fisher Multi-Factor® International Growth Equity Fund,
and Gerstein Fisher Multi-Factor® Global Real Estate Securities Fund (the “Funds”)
Prospectus, Summary Prospectuses and Statement of Additional Information (“SAI”)
dated March 30, 2019
This supplement makes the following amendments to disclosures in the Prospectus, Summary Prospectuses and SAI dated March 30, 2019 for the Funds:
Effective November 4, 2019, based upon the recommendation of People’s United Advisors, Inc., doing business as Gerstein Fisher or Gerstein Fisher Asset Management (the “Advisor”), the investment adviser to the Funds, the Funds will be closed to all new purchases, other than purchases made through an automatic investment program, the reinvestment of any distributions, or an exception approved by Fund officers in their sole discretion. The Advisor is currently evaluating possible alternatives for the Funds.Additionally, effective November 3, 2019, Mr. Gregg S. Fisher, Portfolio Manager for each of the Funds, has resigned from the Advisor. Accordingly, all references to Mr. Fisher as a Portfolio Manager in the Funds’ Prospectus, Summary Prospectuses and SAI are hereby removed.
Also effective November 3, 2019, Mr. William Jollie, Mr. Sanjeev Pati and Mr. Ashvin Viswanathan, have been added as portfolio managers for each of the Funds.
The following disclosures are hereby revised to reflect the addition of Messrs. Jollie, Pati and Viswanathan as portfolio managers:....