Funds

Driehaus Multi-Asset Growth Economies Fund

The Driehaus Multi-Asset Growth Economies Fund combines macro-economic and fundamental analyses to provide long and short exposures to emerging markets securities across asset classes.


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Month-End Performance as of Jun 30, 2019

DMAGX
Has Footnotes

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DMAGX

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

MTH
6.00%
YTD
13.90%
1 Year
5.22%
3 Year
n/a
5 Year
n/a
10 Year
n/a
Since Inception
8.43%

Equally weighted MSCI Emerging Markets (ND) / JPMorgan GBI Emerging Markets Global Diversified
Has Footnotes

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Equally weighted MSCI Emerging Markets (ND) / JPMorgan GBI Emerging Markets Global Diversified

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

MTH
5.88%
YTD
9.71%
1 Year
5.20%
3 Year
n/a
5 Year
n/a
10 Year
n/a
Since Inception
5.91%

MSCI Emerging Markets Index (ND)
Has Footnotes

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MSCI Emerging Markets Index (ND)

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

MTH
6.24%
YTD
10.58%
1 Year
1.21%
3 Year
n/a
5 Year
n/a
10 Year
n/a
Since Inception
6.87%
Has FootnotesFund/BenchmarkMTHYTD1 Year3 Year5 Year10 YearSince Inception
DMAGX6.00%13.90%5.22%n/an/an/a8.43%

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

Equally weighted MSCI Emerging Markets (ND) / JPMorgan GBI Emerging Markets Global Diversified*5.88%9.71%5.20%n/an/an/a5.91%

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

MSCI Emerging Markets Index (ND)*6.24%10.58%1.21%n/an/an/a6.87%

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

Calendar Quarter-End Performance as of Jun 30, 2019

DMAGX
Has Footnotes

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Driehaus Multi-Asset Growth Economies Fund

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

QTR
4.14%
YTD
13.90%
1 Year
5.22%
3 Year
n/a
5 Year
n/a
10 Year
n/a
Since Inception
8.43%

Equally weighted MSCI Emerging Markets (ND) / JPMorgan GBI Emerging Markets Global Diversified
Has Footnotes

Back

Equally weighted MSCI Emerging Markets (ND) / JPMorgan GBI Emerging Markets Global Diversified

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

QTR
3.12%
YTD
9.71%
1 Year
5.20%
3 Year
n/a
5 Year
n/a
10 Year
n/a
Since Inception
5.91%

MSCI Emerging Markets Index (ND)
Has Footnotes

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MSCI Emerging Markets Index (ND)

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

QTR
0.61%
YTD
10.58%
1 Year
1.21%
3 Year
n/a
5 Year
n/a
10 Year
n/a
Since Inception
6.87%
Has FootnotesFund/BenchmarkQTRYTD1 Year3 Year5 Year10 YearSince Inception
DMAGX4.14%13.90%5.22%n/an/an/a8.43%

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

Equally weighted MSCI Emerging Markets (ND) / JPMorgan GBI Emerging Markets Global Diversified*3.12%9.71%5.20%n/an/an/a5.91%

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

MSCI Emerging Markets Index (ND)*0.61%10.58%1.21%n/an/an/a6.87%

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., 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. The Fund will charge a redemption fee of 2.00% on shares held less than 60 days. 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. Driehaus Capital Management LLC, the Fund’s investment adviser (the “Adviser”), has entered into a contractual agreement to cap the Fund’s current ordinary annual operating expenses (excluding interest, taxes, brokerage commissions, other investment-related expenses, acquired fund fees and expenses, and extraordinary expenses, such as litigation and other expenses not incurred in the ordinary course of the Fund’s business), resulting in the current net expense ratios of 1.01% until the earlier of the termination of the investment advisory agreement, by the Board of Trustees or the Fund’s shareholders, or April 9, 2020. Pursuant to the agreement, and so long as the investment advisory agreement is in place, for a period of three years subsequent to the Fund’s commencement of operations on April 10, 2017, the Adviser is entitled to reimbursement for previously waived fees and reimbursed expenses to the extent that the Fund’s expense ratio remains below the operating expense cap that was in place at the time of the waiver / expense reimbursement as well as the current operating expense cap.

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

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Daily Nav
$11.47
As of Jul 18, 2019
Ticker
DMAGX

Facts

Inception Date
Apr 10, 2017
Fund Assets as of 06/30/19
$37M
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
1.97%
Net Expense Ratio
1.01%
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Top 5 Holdings As of 05/31/19
Holdings Subject to Change

Tencent Holdings Ltd.
4.94%
Government Of South Africa 8.5% 31-jan-2037
4.55%
Government Of Thailand 3.4% 17-jun-2036
3.99%
Samsung Electronics Co., Ltd.
3.07%
Government Of Nigeria 7.696% 23-feb-2038
2.87%