Nuance Mid Cap Value

An investment in a Nuance Investments, LLC product is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency.

Equity securities are subject to inherent market risks and fluctuations in value due to changes in earnings, economic conditions, various ratings and other factors beyond the control of the portfolio managers.  The strategy’s value investments are subject to the risk that their intrinsic values may not be recognized by the broad market or that their prices may decline. As a result, there is a risk that you may lose money by investing in one of our products due to a variety of external factors.

Investment in securities of foreign issuers involves somewhat different investment risks from those affecting securities of domestic issuers. In addition to credit and market risk, investments in foreign securities involve sovereign risk, which includes local political and economic developments, potential nationalization, withholding taxes on dividend or interest payments and currency blockage. Foreign companies may have less public or less reliable information available about them and may be subject to less governmental regulation than U.S. companies. Securities of foreign companies may be less liquid or more volatile than securities of U.S. companies. The smaller sized companies may be less liquid and more volatile than investments in larger companies.