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Burlington, Vermont

We are fortunate to be headquartered in the Lake Champlain region of Burlington, Vermont — a city consistently ranked in the top 10 places to live, visit, work and do business.

Champlain Investment Partners
180 Battery Street, Suite 400
Burlington, VT 05401
Phone 802.846.6200
Fax 802.846.6213
info@cipvt.com

Irvine, California

Our Irvine, California office allows the emerging markets team to better communicate during trading hours, and facilitates travel to emerging and frontier markets.

Champlain Investment Partners
18201 Von Karman, Suite 480
Irvine, CA 92612
Phone 802.861.3167
Fax 802.846.6213
info@cipvt.com

For information on our mutual funds, please call 866.773.3238

Disclosure:

To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Fund's full or summary prospectus, which may be obtained by calling 1.866.773.3238. Read the prospectus carefully before investing or sending money.

Mutual fund investing involves risk including possible loss of principal.

Foreign investments present risks due to currency fluctuations, economic and political factors, lower liquidity, government regulations, differences in securities regulations and accounting standards, possible changes in taxation, limited public information and other factors. The risks are magnified in countries with emerging markets, since these countries may have relatively unstable governments and less established markets and economies. Small-cap stocks also are subject to substantial risks such as market, business, size volatility, management experience, product diversification, financial resource, competitive strength, liquidity, and potential to fall out of favor that may cause their prices to fluctuate over time, sometimes rapidly and unpredictably.

The Champlain Emerging Market Fund is available to US investors only. The Champlain Emerging Market Fund is distributed by SEI Investment Distribution Co. which is not affiliated with the adviser. The fund is new and has limited operating history. The fund is non-diversified and may experience greater volatility.

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