The Bishop Street Funds are distributed by SEI Investments Distribution Co.(SIDCo), which is not affiliated with Bishop Street Capital Management and First Hawaiian Bank. Check the background of SIDCO on FINRA’s BrokerCheck.

Shares of Bishop Street Funds are:
NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE.
Bishop Street Funds are available to U.S. investors only and may not be available in all states.

To determine if these Funds are appropriate investments for you, carefully consider each Fund's investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Funds' full or summary prospectus which may be obtained by clicking here or by calling 1-800-262-9565. Please read the prospectus carefully before investing.

Bishop Street Capital Management, a registered investment advisor and wholly-owned subsidiary of First Hawaiian Bank, serves as investment advisor for the Bishop Street Funds.

Mutual fund investing involves risk including loss of principal. Bond and bond funds are subject to interest rate risk and will decline in value as interest rates rise. Mortgage backed securities are subject to pre-payment and extension risk and therefore react differently to changes in interest rates than other bonds. Small movements in interest rates may quickly and significantly reduce the value of certain mortgage-backed securities. Bond funds invested primarily in Hawaiian securities may be more volatile and susceptible to a single adverse economic or regulatory occurrence affecting those obligations. There is no guarantee income will be exempt from federal or state income taxes. Capital gains, if any, are subject to capital gains tax. Diversification does not protect against market loss.