*The Adviser has contractually agreed
that, for so long as it is the investment adviser to the Fund,
direct Total Annual Fund Operating Expenses (excluding interest
and taxes) will not exceed 1.32%.
For more information and to obtain a prospectus browse this website or call 866 673-8637. Before investing, investors should carefully read and consider investment objectives, risks, charges, expenses and other important information about the funds, which are contained in the prospectus. Investment in foreign securities offers different rewards and challenges from investing in domestic securities, including changes in exchange rates, political changes, and differences in reporting standards, and for emerging-market securities, greater volatility. The Metzler/Payden Funds are distributed by Payden & Rygel Distributors, member FINRA.
