What are the risks of investing in the 1919 socially responsive balanced fund?

For the 1919 Socially Responsive Balanced Fund investments in asset backed and mortgage backed 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.

What is a socially responsive balanced fund?

The Socially Responsive Balanced Fund acquired the assets and assumed the liabilities of the Predecessor Fund that had used substantially similar investment strategies and had the same portfolio management team.

What is the 1919 funds?

The Fund aims to invest 70% of total assets in U.S. stocks and 30% in investment-grade U.S. debt, and it may also invest in foreign stocks and debt. 1919 Investment Counsel, LLC (1919) is the investment advisor to the 1919 Funds and managed approximately $19.5 billion as of September 30, 2021.