Market Overview

Seven Canyons Advisors Completes the Conversion of Two Wasatch Funds


Sam and Josh Stewart will continue to manage the newly transferred funds
as Seven Canyons Funds, maintaining the funds' portfolio strategies.

Seven Canyons Advisors, LLC announced the successful conversion of two
mutual funds, the Wasatch World Innovators Fund (WAGTX; WIGTX) and the
Wasatch Strategic Income Fund (WASIX), after shareholders of the two
funds voted to name Seven Canyons as the Investment Advisor to the
funds. The effective date of the funds' reorganization and conversion is
September 10, 2018.

The newly named funds, Seven Canyons World Innovators Fund and Seven
Canyons Strategic Income Fund
, will continue to be led by their
former Wasatch portfolio managers Sam Stewart and Josh Stewart, who have
now joined Seven Canyons from Wasatch Advisors, Inc. The conversion of
the funds did not result in a taxable transaction to shareholders and
the funds will continue to maintain the same investment objectives,
strategies and ticker symbols as the former Wasatch funds.

Spencer Stewart, Managing Partner and portfolio manager at Seven
Canyons, said, "We are grateful to our shareholders who supported the
conversion of these two Wasatch Funds to Seven Canyons. Our goal will
always be to seek outstanding investment performance for our funds and
strategies, and I believe we have the right team to pursue that."

Sam Stewart manages the Seven Canyons Strategic Income Fund. Josh
Stewart is the lead portfolio manager of the Seven Canyons World
Innovators Fund.

Seven Canyons Advisors is a registered investment advisor formed in 2017
by Spencer Stewart, a former portfolio manager at Grandeur Peak Funds,
and Wesley Golby, formerly a partner at S-Squared Technology, LLC and
Fleckenstein Capital Management, Inc. Sam Stewart and Josh Stewart have
joined as additional partners in the firm.

The four investment partners of Seven Canyons are accomplished and
experienced managers, with global expertise and decades of portfolio
management experience. Sam Stewart, Ph.D., CFA®, founded
Wasatch Advisors and its Wasatch Funds. During Sam Stewart's 43-year
tenure at Wasatch he helped build the company into an internationally
known brand in global small-cap investing with assets of over $17
billion as of June 30, 2018.

About Seven Canyons Advisors

Seven Canyons Advisors, LLC is a 100% employee-owned investment advisor
based in Salt Lake City and registered with the Securities and Exchange
Commission under the Investment Advisers Act of 1940. Seven Canyons
brings together a small group of highly experienced investment
professionals, based on a firm belief that close collaboration within a
small organization provides the optimal way to identify the best global
investment opportunities and the nimbleness to take advantage of them.
Learn more at

Seven Canyons Funds Shareholder Services Telephone: (833)
722-6966 (833-7CANYON)


Past performance is not indicative of future results.

Mutual fund investing involves risks, and loss of principal is possible.
Investment objectives may not be achieved. Investing in small-cap funds
will be more volatile, and loss of principal could be greater than
investing in large-cap or more diversified funds. Investing in foreign
securities, especially in emerging and frontier markets, entails special
risks, such as unstable currencies, highly volatile securities markets,
and political and social instability, which are described in more detail
in the prospectus.

An investor should consider the investment objectives, risks, charges
and expenses of the Fund (or of the Investment Company) carefully before
investing. To obtain a prospectus containing this and other information,
please call 1-833-722-6966. Read the prospectus carefully before you

The Seven Canyons World Innovators Fund's investment objective is
long-term growth of capital. The Seven Canyons Strategic Income Fund's
primary investment objective is to capture current income; a secondary
objective is long-term growth of capital.

© 2018 Seven Canyons. All rights reserved. Seven Canyons Funds are
distributed by ALPS Distributors, Inc. (ADI).

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