Announcement regarding the Plumb Funds 12/13/2024 Dividend Distribution

Plumb Balanced Fund: A clerical error at our Fund Administrator resulted in an overstatement of the 12/13/2024 distribution and understatement of the NAV for the Plumb Balanced Fund. Transactions were processed correcting this error through cancellation and reprocessing of the dividend payment, capital gain and short-term capital gain.

Plumb Equity Fund: A clerical error at our Fund Administrator resulted in a distribution paying in error for the Plumb Equity Fund. A transaction corrected this error through cancellation of the dividend payment.

We apologize for any inconvenience that this may have caused. Year-end statements and confirmations will reflect the corrections. If you have any questions regarding these transactions, please call 866.987.7888.

The Fund’s investment objectives, risks, charges and expenses must be considered careful before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-866-987-7888 or visiting plumbfunds.com. Read it carefully before investing.

There is no guarantee that the Fund or the companies will pay or continue to pay dividends, and dividends, if any, may be less than the current dividend.

Mutual fund investment involves risk. Principal loss is possible. The fund may invest in small and mid-sized companies which involve additional risks such as limited liquidity and greater volatility. The funds invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. By investing in a, mix of growth and value companies, the Funda assumes the risks of both. To the extent the Fund is more heavily allocated to growth or value stocks, its performance may deviate significantly from its benchmark.

The fund will invest in debt securities, which typically decrease in value when interest rates rise. This risk is usually great for longer-term debt securities. Investment by the fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Investments in Asset Backed and Mortgage Back Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. By investing in a mix growth and value companies, the Fund assumes the risks of both.

Diversification does not assure a profit nor protect against loss in a declining market.

Plumb Funds are distributed by Quasar Distributors, LLC, distributor