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PartnerSelect Funds Announces Launch of New Fund with Oldfield Partners

Walnut Creek, CA, November 30, 2020—PartnerSelect Funds, an affiliate of wealth management firm Litman Gregory Asset Management, announced the launch of its latest offering under the new PartnerSelect name: PartnerSelect Oldfield International Value Fund (POIVX). The fund employs a contrarian value strategy run by Oldfield Partners, and is emblematic of the PartnerSelect mission.

Previously known as Litman Gregory Masters Funds, the fund family changed its name earlier this year to better represent its mission to identify and select high-quality managers from around the world in asset classes believed to offer the best opportunity to add value through active management. By partnering with select managers not available in U.S. mutual fund formats, PartnerSelect seeks to offer advisors and investment professionals unique and compelling solutions for investors.

This new fund is a concentrated Europe, Australasia, Far East (EAFE) portfolio from a management team with a strong investing pedigree in an inefficient space. Led by Oldfield’s CIO Nigel Waller and Andrew Goodwin, two experienced portfolio managers who specialize in contrarian global and EAFE value investing, the fund’s objective is to achieve long-term growth of capital; that is, the increase in the value of an investment over the long term.

“We find in Oldfield Partners an experienced generalist team of value-minded investors that perform extremely thorough analyses on companies,” said Rajat Jain, a Litman Gregory Principal and the co-portfolio manager on the fund. “They seek to build layers of conservatism in their assumptions and focus on what can be known with confidence. The team’s disciplined process is supported by its culture, which emphasizes patience alongside an ongoing commitment to improvement and a learning mindset.”

The PartnerSelect Oldfield International Value Fund is now available for purchase. For more information, view the Fund Overview.

About Litman Gregory

Founded in 1987, Litman Gregory is a nationally recognized boutique wealth management firm based in the San Francisco Bay Area. Litman Gregory Asset Management provides wealth management services with a commitment to excellent client service to individuals, multigenerational families, and nonprofits. Litman Gregory advises the PartnerSelect Funds, provides Litman Gregory Portfolio Strategies on third-party asset management platforms, and publishes investment research and portfolio guidance for other investment advisors through Litman Gregory AdvisorIntelligence.

Media contact:

Monica Castillo, Litman Gregory Asset Management, (925) 253-5286, media@lgam.com

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DISCLOSURE

The fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-800-960-0188, or visiting partnerselectfunds.com. Read it carefully before investing.

Mutual fund investing involves risk. Principal loss is possible. Past performance does not guarantee future results. POIVX is new and performance information is not available. Once performance is available, it may be obtained by calling 1-800-960-0188 or visiting partnerselectfunds.com.

The fund will invest in foreign securities, which exposes investors to economic, political and market risks and fluctuations in foreign currencies. Though not a small-cap fund, the fund may invest in the securities of small companies, which subjects investors to additional risks. Investments in emerging market countries involve additional risks. A value investing style subjects the fund to value improvement risks.

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

Litman Gregory Fund Advisors, LLC has ultimate responsibility for the performance of the PartnerSelect Funds due to its responsibility to oversee the funds’ investment managers and recommend their hiring, termination, and replacement.

The PartnerSelect Funds are distributed by ALPS Distributors, Inc.