You should consider the Funds' investment objectives, risks, charges and expenses carefully before investing. For a prospectus which contains this and other information about the Funds call 800.996.2862 or visit our website, www.scoutfunds.com. Please read the prospectus carefully before investing.

Foreign investment present additional risks due to currency fluctuations, economic and political factors, lower liquidity, government regulations, differences in securities regulations and accounting standards, possible changes in taxation, limited public information and other factors. The risks are magnified in countries with emerging markets, since these countries may have relatively unstable governments and less established markets and economies.

“Scout” and the “Scout” design are registered service marks of UMB Financial Corporation.

The Scout Funds are distributed by UMB Distribution Services, LLC, Milwaukee, Wis., an affiliate of UMB Financial Corporation. Scout Investment Advisors, Inc., a subsidiary of UMB Financial Corp., serves as investment adviser to the Scout Funds.

NOT FDIC INSURED • MAY LOSE VALUE • NO BANK GUARANTEE