Fund shareholders may transfer shares between the Investor and Institutional classes of the same Fund.  Share class transfers must generally meet the minimum investment requirements, though each Fund reserves the right to waive or change investment minimums and delegates such authority to Seafarer.  A share class transfer is generally not considered a taxable transaction. The Funds do not impose fees for such transfers. 

A shareholder may request a share class transfer by telephone or by mail.  Please call Shareholder Services at (855) 732-9220 for more information.

Please note: the Funds cannot process a share class transfer for a Fund position that is held through an intermediary (e.g., a broker or a dealer). Intermediaries may restrict share class transfers, or they may impose fees on such transfers.

For more information, see the “Share Class Transfers” section of the Funds’ Prospectus.