'40 Act Mutual Funds
Lyrical U.S. Value Equity Funds (tickers: LYRIX – institutional class, LYRBX, investor class) and Lyrical International Value Equity Fund (tickers: LYRWX – institutional class, LYRNX, investor class) are open-end mutual funds operating under the Investment Company Act of 1940.

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An Investor should consider the investment objectives, risk, and charges and expense of the Fund before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available at www.lyricalam.com or by calling the Fund directly at 212-415-6600.The prospectus should be read carefully before investing. Distributed by Ultimus Fund Distributors, LLC.