PERFORMANCE SUMMARY

AS OF 06/30/17 MTD QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception Expense Ratio Inception Date
JS All-Cap Growth IS Fund (JSSSX) 1.68% 4.03% 9.50% - - - - 7.60% 0.90% 09/19/2016*
Russell 3000® Growth Index 0.00% 4.65% 13.69% - - - - 16.54% - -
JS Global Growth Fund Inst. Class (JSPTX) 0.15% 6.86% 16.93% - - - - 12.44% 1.15% 09/19/2016*
JS Global Growth Fund IS Class (JSPUX) 0.15% 6.86% 16.92% - - - - 12.50% 1.05% 09/19/2016*
MSCI All Country World® Index 0.45% 4.27% 11.48% - - - - 14.33% - -
JS Large-Cap Growth Fund Investor Class (JSPJX) 1.52% 6.44% 14.05% 17.05% 6.60% 12.55% 7.77% 7.57% 0.99% 11/1/2005*
JS Large-Cap Growth Fund Inst. Class (JSPIX) 1.59% 6.51% 14.22% 17.37% 6.88% 12.84% 8.04% 7.84% 0.74% 11/1/2005*
JS Large-Cap Growth Fund IS Class (DPLGX) 1.51% 6.51% 14.22% 17.44% 6.97% 12.94% 8.15% 7.94% 0.64% 11/01/2005*
Russell 1000® Growth Index -0.26% 4.67% 13.99% 20.42% 11.11% 15.30% 8.91% 9.53% - -
JS Select 20 Growth Fund IS Class (DPCEX) 2.07% 4.07% 9.94% 14.18% 5.24% 10.53% 7.67% 2.42% 0.87% 03/31/2000*
Russell 3000® Growth Index 0.00% 4.65% 13.69% 20.72% 10.83% 15.20% 8.82% 3.12% - -
JS SMID-Cap Growth Fund Investor Class (JSMVX) 1.73% 3.47% 7.30% 13.89% 9.78% 12.22% 11.32% 10.13% 1.22% 12/1/2003*
JS SMID-Cap Growth Fund Inst. Class (JSMTX) 1.78% 3.51% 7.46% 14.23% 10.07% 12.51% 11.61% 10.41% 0.97% 12/1/2003*
JS SMID-Cap Growth Fund IS Class (DCGTX) 1.78% 3.51% 7.46% 14.27% 10.16% 12.61% 11.71% 10.51% 0.87% 12/01/2003*
Russell 2500® Growth Index 2.28% 4.13% 10.63% 21.44% 7.65% 14.33% 8.18% 9.32% - -

 

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-415-635-0208. Short-term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.

*Returns shown are for the IS Class shares of the Fund. Pursuant to an Agreement and Plan of Reorganization between Managed Portfolio Series, on behalf of the Fund, and Delaware Pooled Trust on behalf of The Large-Cap Growth Equity Portfolio (the "Predecessor Fund"), the Fund acquired all of the assets and liabilities of the Predecessor Fund in exchange for IS Class shares of the Fund on  September 19, 2016 (the "Reorganization"). The IS Class of the Fund had no operations prior to the Reorganization. The Predecessor Fund was a series of Delaware Pooled Trust, a registered open- end investment company. As a result of the Reorganization, the Fund will be the accounting successor of the Predecessor Fund. Prior to September 19, 2016, the Adviser served as sub-adviser to the Predecessor Fund. The IS Class performance has not been restated to reflect any differences in expenses paid by the Predecessor Fund and those paid by the Fund. Performance shown for the periods prior to the inception of the Institutional Class and Investor Class is based on the performance of the IS Class shares, adjusted for the higher expenses applicable to that class.

Free cash flow is earnings before depreciation, amortization, and non-cash charges minus maintenance capital expenditures.

Mutual fund investing involves risk. Principal loss is possible.

With the exception of the All-Cap Growth Fund, the Funds are non-diversified meaning they may concentrate its assets in fewer individual holdings than a diversified fund. Therefore it is more exposed to individual stock volatility than a diversified fund. Small- and Mid-capitalization companies tend to have limited liquidity and greater price volatility than large capitalization companies. Investments in foreign securities involve greater volatility and political economic and currency risks and differences in accounting methods. These risks are greater in emerging and frontier markets. Frontier market countries generally have smaller economies and even less developed capital markets than traditional emerging markets, and, as a result, the risks of investing in emerging market countries are magnified in frontier market countries. Investments in Real Estate Investment Trusts (REITs) involve additional risks such as declines in the value of real estate and increased susceptibility to adverse economic or regulatory developments. When the Fund buys or sells securities on a foreign stock exchange, the transaction is undertaken in the local currency rather than in U.S. dollars. The value of the foreign currency may increase or decrease against the value of the U.S. dollar, which may impact the value of the Fund's portfolio holdings and your investment. Other countries may adopt economic policies and/or currency exchange controls that affect their currency valuations in a manner that is disadvantageous to U.S. investors and companies. From time to time, the trading market for a particular security or type of security in which the Funds invest may become less liquid or even illiquid.

The Jackson Square Funds are offered only to United States residents, and information on this web site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any Jackson Square Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Price-Earnings Ratio (P/E Ratio) is determined by dividing the price of the stock by the company’s forecasted earnings per share.

EPS Growth Rate represents the annualized rate of net-income-per-share growth over the trailing one-year period for the stocks held by a fund.

Market Capitalization is the value of the fund as determined by the market price of its issued and outstanding stock.

The specific securities identified and described do not represent all of the securities purchased, sold, or recommended for the fund and no assumptions should be made that the securities identified and discussed were or will be profitable. A full list of holdings is available upon request. Fund holdings and sector allocations are subject to change and are not recommendations to buy or sell any security. Complete Fund holdings are generally available 10 business days following quarter end.

For the returns shown for Share Classes for the periods prior to their inception are derived from the historical performance of IS Shares of those Funds during such periods and have been adjusted to reflect the higher total annual operating expenses of each specific Share class.

The MSCI All Country World Index is a free float adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. The Russell 1000® Growth Index measures the performance of the large cap growth segment of the U.S. equity universe. It includes those Russell 1000 Index companies with higher growth earning potential as defined by Russell’s leading style methodology. The Russell 3000® Growth Index measures the growth segment of the U.S. equity universe. It includes those Russell 3000® Index companies with higher growth earning potential, as defined by Russell’s leading style methodology. The Russell 2500® Growth Index measures the performance of the SMID-Cap Growth segment of the U.S. equity universe. It includes those Russell 2500® Growth companies with higher price-to-book ratios and higher forecasted growth values. The index is unmanaged and one cannot invest directly in it.

For a free hard copy of the prospectus, please call 415.635.0208. The prospectus should be read and considered carefully before you invest or send money. The funds investment objectives, risks, charges, and expenses must be considered carefully before investing.

Jackson Square Partners, LLC is the adviser to the Jackson Square Partner Funds, which are distributed by Quasar Distributors, LLC.