Sit Mutual Funds, managed by Sit investment Associates, Inc., is a family of mutual funds that offers unique benefits to our clients: unparalleled service, proven results, and no-load pricing. Sit Mutual Funds are managed in the same fashion as our other portfolios with similar investment objectives and by the same staff of investment professionals who share one singular objective: addressing clients’ investment goals.

The Sit Mutual Funds are offered by prospectus only and sold only to persons residing in the United States. This information does not constitute an offer to sell or a solicitation of an offer to buy shares of any Sit Mutual Fund. Investing involves risks. For more information about Sit Mutual Funds please visit our Mutual Funds website at www.sitfunds.com.

Carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. The prospectus contains this and other important Fund information and may be obtained by calling Sit Mutual Funds at 1-800-332-5580 or at www.sitfunds.com. Read the prospectus carefully before investing. Investment return and principal value of an investment will fluctuate so that an investor’s shares when redeemed may be worth more or less than their original cost.