KP Large Cap Equity Fund
The fund seeks long-term capital appreciation primarily through investments in a diversified portfolio of large cap equity securities.
The fund seeks to out-perform the Russell 1000 Index over time by employing a "multi-manager" approach, whereby the fund's advisor, Callan LLC ("Callan"), allocates the fund's assets among a number of experienced sub-advisors with differing investment philosophies and strategies. Callan selects sub-advisors and allocates fund assets among them to maintain the fund's target allocation to each strategy. Sub-advisors generally are selected and retained based on the following factors: Callan's view regarding their expected contribution to excess return; their performance in managing the fund's assets pursuant to their respective sub-strategies; Callan's confidence in their investment process, personnel, investment resources, and organizational stability; Callan's belief in their ability to take on additional assets without undermining future fund performance; and Callan's confidence in the robustness of their operational, back-office, trading, and compliance platforms. Each sub-advisor invests the portion of the fund's assets allocated to it under the general supervision of Callan.
Under normal circumstances, the fund invests at least 80% of its assets in equity securities of large capitalization companies. For purposes of this policy, equity securities consist of common stocks, preferred stocks, bonds, notes and debentures convertible into common stocks (i.e., convertible securities), depository receipts and derivatives with economic characteristics similar to equity securities. Callan considers large capitalization companies generally to be those companies with market capitalizations within the range of market capitalizations of the companies included in the Russell 1000 Index.
The KP Core Funds serve as core building blocks for the KP Retirement Path Funds. Only the KP Small Cap Equity Fund is available for direct investment. Other information may be found in the fund's summary and full prospectuses, which may be obtained by calling (855)4-KPFNDS or on this website. Please read the prospectus carefully.
The KP Core Funds are mutual funds. They are part of The KP Funds Series Trust, an open-end management investment company that offers shares of diversified portfolios. The funds are advised by Callan LLC, a registered investment advisor. They are administered by SEI Investments Global Funds Services and distributed by SEI Investments Distribution Co., which are not affiliated with Callan.
There can be no assurance that a Fund will achieve its stated objectives. Diversification is not guaranteed to protect against market loss.
Investing involves risk including loss of principal. International investments involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. These risks are heightened when investing in emerging markets or in a single state.
Currency risk is the risk that foreign currencies will decline in value relative to the U.S. dollar or, in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency hedged. In either event, the dollar value of an investment in the Underlying Fund would be adversely affected.