Wflax fact sheet

wfam.com Special Mid Cap Value Fund $40,000 30,000 20,000 10,000 0 As of September 30, 2019 Fact sheet Asset class: U.S. Equity OVERALL MORNINGSTAR RATINGTM, † The Overall Morningstar Rating, a weighted average

Division of Management Authority & Division of Scientific Authority Factsheets Activity. Asian Elephant Ivory Asian Medicinals: Questions and Answers Investing Involves Risk, Including possible loss of principal. The funds are not FDIC insured and there is no bank guarantee. The principal value of the funds is not guaranteed at any time including at and after the target date.

Matthews Asia Small Companies Fund MSCI AC Asia ex Japan Small Cap Index 3,4 The performance data and graph do not reflect the deduction of taxes that a shareholder would pay on dividends, capital gain distributions or redemption of fund shares. Values are in US$. Source: BNY Mellon Investment Servicing (US) Inc. Market Perspectives/ 12.17.19 2020 global outlook — Poised for a rebound? Heading into 2020, global growth has slowed considerably. Trade continues to be a major headwind to the expansion, however, economic fundamentals – low unemployment, rising wages and sustained consumer confidence – are healthy.

Before investing in any Dodge & Cox Fund, you should carefully consider the Fund's investment objectives, risks, and charges and expenses. This and other important information is contained in a Fund's prospectus and summary prospectus. Please read the prospectus and summary prospectus carefully before investing. The GAMCO Westwood Mighty MitesSM Fund seeks long-term capital appreciation. The Fund focuses on securities of companies which appear underpriced relative to their Private Market Value (PMV) with Catalysts to unlock that value. PMV is the price the Fund’s Adviser believes a strategic buyer would be willing to pay for the entire company. Market Perspectives/ 12.17.19 2020 global outlook — Poised for a rebound? Heading into 2020, global growth has slowed considerably. Trade continues to be a major headwind to the expansion, however, economic fundamentals – low unemployment, rising wages and sustained consumer confidence – are healthy. About risk An issuer may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer’s credit