Performance

2019 Year-End Distributions

Disclosures

The NAV drops in direct relationship to the dividend paid, plus or minus market movement. For example, if a fund has a $10.00 NAV and pays a $0.25 dividend, the stated NAV will be $9.75 if there is no market movement. The day's market movement will be added or subtracted to the $9.75 NAV. The Shareholder will either receive more shares of the fund if dividend reinvestment is selected or take the distribution in cash.

Please consider the investment objectives, risks, fees and expenses of the Funds carefully prior to investing. The prospectus and summary prospectus contain this and other important information about the Fund. To obtain a copy of the Driehaus Multi-Asset Growth Economies Fund, Driehaus Active Income Fund and/or the Driehaus Event Driven Fund prospectus/summary prospectus, please call us at (877) 779-0079. For all other funds, please call (800) 560-6111. Please read the prospectus and summary prospectus carefully before investing.

Foreside Financial Services, LLC, Distributor