Large Cap Equity Mutual Fund:  Cambiar Opportunity Fund Share Class: Investor Inception Date: 6/30/1998 Ticker: CAMOX Minimum Initial Investment: $2,500 (IRA $500) Total Annual Expense:   1.34% Fee Waivers:                   -0.14% Net Expenses:                 1.20%*				Small Cap Equity Mutual Fund:  Cambiar Conquistador Fund Share Class: Investor Inception Date: 8/31/2004 Ticker: CAMSX  Minimum Initial Investment: $10,000 (IRA $2,500) Total Annual Expense:    3.00% Fee Waivers:                     1.50%  Net Expenses:                  1.50%*				International Equity Mutual Fund:  Cambiar International Equity Fund Share Class: Investor Inception Date: 8/31/1997 Ticker: CAMIX  Minimum Initial Investment: $2,500 (IRA $500) Total Annual Expense:   1.50%  Fee Waivers:                    0.00% Net Expenses:                 1.50%*

* Cambiar has voluntarily agreed to waive all or part of the advisor fee in order to keep total fund expenses at or below 1.2% for the Cambiar Opportunity Fund (CAMOX) and 1.5% for the Cambiar Conquistador Fund (CAMSX).  

Cambiar Funds are available to US investors only. 

To determine if a Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors and charges and expenses before investing.  This and other information can be found in the Fund’s prospectus which can be obtained by clicking here or calling 1-866-777-8227.  Please read it carefully before investing.  There is no guarantee that the Funds will meet their stated objectives.

Mutual fund investing involves risk, including the possible loss of principal. Cambiar Funds are distributed by SEI Investments Distribution Co., which is not affiliated with the Advisor.