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Conductor International Equity Value Fund is closed to new investments

TheShadowTheShadow
in The Bullpen
https://www.sec.gov/Archives/edgar/data/1552947/000158064222000505/conductorint497.htm

CONDUCTOR INTERNATIONAL EQUITY VALUE FUND

Class A RIALX
Class I RIYLX

Supplement dated January 28, 2022 (effective at the close of business)

to the Prospectus and Statement of Additional Information dated March 1, 2021

Effective January 28, 2022, the Conductor International Equity Value Fund (the “Fund”) is closed to new investment (except through reinvested dividends and capital gain distributions) and the sale of Fund shares is suspended. Shareholders, however, may continue to redeem Fund shares.

The Fund may modify these transaction policies at any time and without prior notice to shareholders.

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