Capital Gains – 2018 Estimates

Cambiar mutual fund capital gains estimates are now available.

Cambiar Investors LLC is releasing this information at this time to serve the best interests of the shareholders, by assisting them in evaluating the impact of capital gains on their tax liability. Final distribution rates will be published on the Fund’s schedule declaration date. To receive a distribution, you must be a registered shareholder of the Fund on the record date.

 Based on number of shares outstanding as of October 31, 2018, Cambiar Investors LLC expects to declare the following capital gains for the Cambiar Global Equity Fund (CAMGX), Cambiar International Equity (CAMIX | CAMYX), Cambiar International Small Cap Fund (CAMFX), Cambiar Opportunity Fund (CAMOX | CAMWX), the Cambiar SMID Fund (CAMMX | CAMUX), and Cambiar Small Cap Fund (CAMSX | CAMZX).

For investors within the Cambiar Global Ultra Focus Fund, no capital gains distribution is expected.

Please note that this information is preliminary and subject to revision. All estimates are subject to change due to fund share purchase and redemption activity through the Fund’s record date.

 

 

Disclosures

Mutual fund investing involves risk including loss of principal. In addition to the normal risks associated with investing, investments in small companies typically exhibit higher volatility.

To determine if a Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the Funds’ full and summary prospectus, which may be obtained by calling 1-866-777-8227 or by clicking here. Please read the prospectus carefully before investing.

The Cambiar mutual funds are distributed by SEI Investments Distribution Co. which is not affiliated with Cambiar Investors LLC or its affiliates.