iMGP Low Duration Income Institutional (PartnerSelect High Income Alter) Fonds

The fund invests in a mix of strategies that the advisor believes offer risk-return characteristics that are attractive individually and even more compelling collectively. Under normal market conditions, the advisor does not expect to invest more than 25% of its total assets in emerging market securities the advisor defines an emerging market country as any country that is included in the MSCI Emerging Markets Index.