Small Cap Growth Fund II Institutional - WTSLX

Pending Fund Merger: On or about December 20, 2018, the Small Cap Growth Fund II will be merged into the institutional class of the Small Cap Growth Fund. Due to the pending merger, the Small Cap Growth Fund II closed to new investors effective November 26, 2018.

Investment Objective

The Segall Bryant & Hamill Small Cap Growth Fund II Institutional (the “Fund”) seeks to achieve long-term capital appreciation.


Previous Quarter Ending: 9/30/2018
Fund Name %3 Mo6 MoCYTD1 Yr3 Yr5 Yr10 YrSince Inception*
Small Cap Growth Fund II Institutional 7.40 18.15 24.88 29.06 15.24 8.02 9.65 11.00
Russell 2000® Growth Index 5.52 13.16 15.76 21.06 17.98 12.14 12.65 7.45
Performance as of: 11/30/2018
Fund Name %1 Mo3 Mo6 MoCYTD1 Yr3 Yr5 Yr10 YrSince Inception*
Small Cap Growth Fund II Institutional 3.71 -8.18 1.33 16.57 17.36 10.48 5.59 11.54 10.5
Russell 2000® Growth Index 1.56 -13.36 -5.66 2.69 2.81 9.97 8.22 15.55 6.72
Performance as of: 12/14/2018
Fund NameNAV $NAV Change%YTD Return%

* Since Inception Date: 10/1/1999

Segall Bryant & Hamill acquired Denver Investment Advisors LLC on April 30, 2018. Prior to this date, management of the Small Cap Growth Fund II Institutional was performed by the portfolio managers at Denver Investment Advisors LLC.

Institutional Class Annual Expense Ratio -- Gross 1.09%, Net: 1.09%

Performance data quoted represents past performance and does not guarantee future results. Performance information for the institutional class shares prior to their inception is based on the performance of the retail class. Current performance may be lower or higher than the performance quoted. To obtain current performance as of the most recent month-end, please call (800) 392-2673. Average annual total returns reflect the reinvestment of dividends, capital gains distributions, all fee waivers and expense reimbursements. If imposed, the fee would reduce the performance quoted. Investment return and principal value will vary, and shares, when redeemed, may be worth more or less than their original cost.

The Fund’s advisor (the “Adviser”) has contractually agreed to waive the investment advisory and/or administration fees and/or to reimburse other expenses from May 1, 2018 until at least April 30, 2020, so that the ratio of expenses to average net assets as reported in the Fund’s Financial Highlights will be no more than 1.15% for the Fund’s Institutional Class for such period. This agreement may not be terminated or modified by the Adviser prior to April 30, 2018 without the approval of the Board of Trustees. Returns were affected by proceeds from class action settlements paid to the fund during the fiscal year ended December 31, 2017.

Investment Team

Brian C. Fitzsimons, CFA

Director of Small Cap Growth Strategies, Principal

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Mitch S. Begun, CFA

Senior Portfolio Manager, Principal

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Mark S. Truelsen, CFA

Senior Equity Analyst

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Mark S. Truelsen, CFA is a registered representative of ALPS Distributors, Inc.

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