Investments involve risk. Principal loss is possible. ETF investments are subject to investment advisory and other expense which are indirectly paid by the fund. ETFs are subject to the risks depending on the nature of the ETF.
Investments in debt securities typically decrease in value when interest rates rise. This risk is greater for longer-term debt securities.
This information does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security by anyone in any jurisdiction in which such offer or solicitation is not authorized, or in which the person making such offer is not qualified to do so, or to anyone to whom it is unlawful to make such an offer or solicitation, or to anyone in any jurisdiction outside the United States. Investors should consider the investment objectives, risks, charges and expenses before investing in any of the First American Multi-Manager Series Trust (the “Trust”) portfolios (the “Funds”). This and other information about the Funds is available in the Funds’ current Prospectus and Statement of Additional Information which should be read carefully before investing. Each Fund is classified as diversified under the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund is a series of the Trust that was formed as a Delaware statutory trust on December 21, 2016 under an Agreement and Declaration of Trust (the “Trust Agreement”). The First American Multi-Manager Domestic Equity Fund (the “Domestic Equity Fund”) will seek to provide long-term capital appreciation. The First American Multi-Manager International Equity Fund (the “International Equity Fund”) will seek to provide long-term capital appreciation. The First American Multi-Manager Fixed-Income Fund (the “Fixed-Income Fund”) will seek to maximize total return (capital appreciation and income) consistent with reasonable risk.
Shares of the Funds are distributed by U.S. Bancorp Investments, Inc., member FINRA (www.finra.org) and SIPC (www.sipc.org). PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc., which serves as administrator and investment adviser to the Funds. As part of its management and oversight of the Funds, U.S. Bancorp Asset Management selects investment advisers to serve as sub-advisers, and determines the allocation of each Fund’s assets among the selected sub-advisers. In its discretion, it may allocate no assets to a given sub-adviser. Each sub-adviser manages a portion of one or more of the Funds. U.S. Bancorp Asset Management, Inc. is a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bancorp Investments, Inc. is a subsidiary of U.S. Bancorp and affiliate of U.S. Bank N.A.
¦ NOT FDIC INSURED ¦ NO BANK GUARANTEE ¦ MAY LOSE VALUE ¦