Aspiriant Risk-Managed Equity Allc Adv RMEAX

The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in equity securities. It also may invest in securities that provide exposure to equity securities (i.e., rights, warrants, and investment company shares). The fund will hold a broad and diverse group of equity securities of companies in countries with developed and emerging markets, which are considered developed or emerging based upon the market definition used by the MSCI ACWI Index (the “MSCI Index”).