Masters in Business: Emily Carter

As of 31 July 2024, SJF owned shares of Taiwan Semiconductor Manufacturing Co. Ltd. and Samsung Electronics Co. Ltd. Click here to view a complete list of holdings for the International Fund as of 31 July 2024.

See www.silvercrestjefferson.net/disclosures for index definitions, data sources and other definitions.

These opinions are not intended to be a forecast of future events, a guarantee of future results or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Investment returns and principal values will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.

Carefully consider the Funds’ investment objectives, risks and expenses. This and other important information are contained in the Funds’ prospectuses and summary prospectuses, which are available at www.silvercrestjefferson.net or calling 888.226.5595. Read carefully before investing. The SJF Funds are distributed by .Silvercrest Jefferson Fund, L.P (Member FINRA). SJF Capital Management, Inc., a registered investment adviser, serves as Investment Adviser to the SJF Funds and is paid a fee for its services. Not FDIC insured | No bank guarantee | May lose value

Clarifications

SJF’s parent company was taken public in 1993 under the name Bank Stock Group. It was renamed SJF Investment Group, Inc. in 2000.

As of 30 June 2024, employees and directors (insiders) of SJF Investment Group, Inc. and its subsidiary owned approximately 18% of the shares outstanding, while non‐affiliated investors owned the remaining 82%. As a publicly traded company, these ownership percentages change on a regular basis.

SJF’s total assets (assets under management plus assets under advisement) were $32.3 billion as of July 31, 2024.

SJF’s fixed income team managed $5.1 billion in assets as of July 31, 2024.