Funds

Driehaus Event Driven Fund

The Fund seeks to provide superior risk-adjusted returns with low correlations to major asset classes and lower volatility than the S&P 500 Index.


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Month-End Performance as of Oct 31, 2019

DEVDX
Has Footnotes

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DEVDX

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

MTH
0.44%
YTD
14.31%
1 Year
9.81%
3 Year
5.20%
5 Year
2.84%
10 Year
n/a
Since Inception
3.58%

S&P 500 Index
Has Footnotes

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S&P 500 Index

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

MTH
2.17%
YTD
23.16%
1 Year
14.33%
3 Year
14.91%
5 Year
10.78%
10 Year
n/a
Since Inception
12.51%

FTSE 3-Month T-Bill Index
Has Footnotes

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FTSE 3-Month T-Bill Index

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

MTH
0.17%
YTD
1.95%
1 Year
2.34%
3 Year
1.57%
5 Year
0.99%
10 Year
n/a
Since Inception
0.81%
Has FootnotesFund/BenchmarkMTHYTD1 Year3 Year5 Year10 YearSince Inception
DEVDX0.44%14.31%9.81%5.20%2.84%n/a3.58%

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

S&P 500 Index*2.17%23.16%14.33%14.91%10.78%n/a12.51%

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

FTSE 3-Month T-Bill Index*0.17%1.95%2.34%1.57%0.99%n/a0.81%

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

Calendar Quarter-End Performance as of Sep 30, 2019

DEVDX
Has Footnotes

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Driehaus Event Driven Fund

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

QTR
-2.99%
YTD
13.81%
1 Year
4.12%
3 Year
5.25%
5 Year
2.99%
10 Year
n/a
Since Inception
3.56%

S&P 500 Index
Has Footnotes

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S&P 500 Index

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

QTR
1.70%
YTD
20.55%
1 Year
4.25%
3 Year
13.39%
5 Year
10.84%
10 Year
n/a
Since Inception
12.30%

FTSE 3-Month T-Bill Index
Has Footnotes

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FTSE 3-Month T-Bill Index

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

QTR
0.56%
YTD
1.78%
1 Year
2.36%
3 Year
1.52%
5 Year
0.96%
10 Year
n/a
Since Inception
0.79%
Has FootnotesFund/BenchmarkQTRYTD1 Year3 Year5 Year10 YearSince Inception
DEVDX-2.99%13.81%4.12%5.25%2.99%n/a3.56%

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

S&P 500 Index*1.70%20.55%4.25%13.39%10.84%n/a12.30%

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

FTSE 3-Month T-Bill Index*0.56%1.78%2.36%1.52%0.96%n/a0.79%

Inception Date: 8/26/2013

The 3 year, 5 year and Since Inception returns represent average annual total returns.

Sources: Driehaus Capital Management LLC, Barclays, SS&C Inc.

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Disclosures

The performance data shown represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Principal value and investment returns will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. Performance data represents the rate that an investor would have earned (or lost) on an investment in the Fund (assuming reinvestment of all dividends and distributions). Average annual total return reflects annualized change. Since Fund performance is subject to change after the month-end, please call (877) 779-0079 or view our daily NAVs for more current performance information.

Please consider the investment objectives, risks, fees and expenses of the Fund carefully prior to investing. The prospectus and summary prospectus contain this and other important information about the Fund. To obtain a copy of the prospectus/summary prospectus, please call (877) 779-0079. Please read the prospectus and summary prospectus carefully before investing.

Driehaus Securities LLC, Distributor

Represents the Annual Fund Operating Expenses as disclosed in the current prospectus dated April 30, 2019. It is important to understand that a decline in the Fund’s average net assets due to unprecedented market volatility or other factors could cause the Fund’s expense ratio for the current fiscal year to be higher than the expense information presented. A shareholder may be required to pay a commission to their financial intermediary.

* To view the Index definitions, see the Index Definitions.

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Daily Nav
$11.41
As of Nov 15, 2019
Ticker
DEVDX

Facts

Inception Date
Aug 26, 2013
Fund Assets as of 10/31/19
$66M
Minimum Initial Investment
$10,000
Minimum Subsequent Investment
$2,000
Minimum IRA Investment
$2,000
Minimum Subsequent Investment
$500
Dividends & Distributions
Annually
Gross Expense Ratio
1.90%
Net Expense Ratio
1.90%