Form 40-17G LITMAN GREGORY FUNDS

August 6, 2025 11:31 AM EDT

ALLIANT INSURANCE SERVICES INC
ATTN:   Patrick Curley
32 OLD SLIP - 29TH FL
NEW YORK, NY 10005
 
 
 
 
INSURED:   IM GLOBAL PARTNER FUND MANAGEMENT, LLC AND LITMAN GREGORY
        WE GREGORY WEALTH MANAGEMENT, LLC
 
 
PRODUCT:   DFIBond
 
POLICY NO:   82598998
 
TRANSACTION:   RENL_RW

 


Chubb Group of Insurance Companies       DECLARATIONS
202B Hall s Mill Road           FINANCIAL INSTITUTION INVESTMENT
Whitehouse Station, NJ 08889           COMPANY ASSET PROTECTION BOND
 
NAME OF ASSURED (including its Subsidiaries):       Bond Number:   82598998
 
IM GLOBAL PARTNER FUND MANAGEMENT, LLC AND LITMAN GREGORY WE        
GREGORY WEALTH MANAGEMENT, LLC                
2301 ROSECRANS, SUITE 2150                    
                    FEDERAL INSURANCE COMPANY
EL SEGUNDO, CA   90245           Incorporated under the laws of Indiana
                    a stock insurance company herein called the COMPANY
                    Capital Center, 251 North Illinois, Suite 1100
                    Indianapolis, IN 46204-1927

 
 
 
 
 
 
ITEM 1.   BOND PERIOD: from   12:01 a. m. on   July 1, 2025        
        to   12:01 a. m. on   July 1, 2026        
 
ITEM 2.   LIMITS OF LIABILITY--DEDUCTIBLE AMOUNTS:        
 
    If Not Covered is inserted below opposite any specified INSURING CLAUSE, such INSURING CLAUSE and
    any other reference shall be deemed to be deleted. There shall be no deductible applicable to any loss
    under INSURING CLAUSE 1. sustained by any Investment Company.        
 
                SINGLE LOSS   DEDUCTIBLE
    INSURING CLAUSE       LIMIT OF LIABILITY   AMOUNT
   
     
 
 
    1.   Employee       $   3,950,000   $   0
    2.   On Premises       $   3,950,000   $   50,000
    3.   In Transit       $   3,950,000   $   50,000
    4.   Forgery or Alteration   $   3,950,000   $   50,000
    5.   Extended Forgery   $   3,950,000   $   50,000
    6.   Counterfeit Money   $   3,950,000   $   50,000
    7.   Threats to Person   $   3,950,000   $   50,000
    8.   Computer System   $   3,950,000   $   50,000
    9.   Voice Initiated Funds                
        Transfer Instruction   $   3,950,000   $   50,000
    10.   Uncollectible Items of Deposit   $   Not Covered   $   N/A
    11.   Audit Expense       $   50,000   $   5,000
 
ITEM 3.   THE LIABILITY OF THE COMPANY IS ALSO SUBJECT TO THE TERMS OF THE FOLLOWING
    ENDORSEMENTS EXECUTED SIMULTANEOUSLY HEREWITH:        
 
    Endorsements 1-8                    

 



    The COMPANY, in consideration of payment of the required premium, and in reliance
    on the APPLICATION and all other statements made and information furnished to the
    COMPANY by the ASSURED, and subject to the DECLARATIONS made a part of this
    Bond and to all other terms and conditions of this Bond, agrees to pay the ASSURED
    for:            

 
 
 
 
 
 
Insuring Clauses                
 
 
Employee   1.   Loss resulting directly from Larceny or Embezzlement committed by any
Employee, alone or in collusion with others.

 
 
 
On Premises   2.   Loss of Property resulting directly from robbery, burglary, false pretenses,
        common law or statutory larceny, misplacement, mysterious unexplainable
        disappearance, damage, destruction or removal, from the possession, custody or
        control of the ASSURED, while such Property is lodged or deposited at premises
        located anywhere.

 
 
 
 
In Transit   3.   Loss of Property resulting directly from common law or statutory larceny,
        misplacement, mysterious unexplainable disappearance, damage or destruction,
        while the Property is in transit anywhere:
 
        a.   in an armored motor vehicle, including loading and unloading thereof,
 
        b.   in the custody of a natural person acting as a messenger of the ASSURED,
            or    
 
        c.   in the custody of a Transportation Company and being transported in a
            conveyance other than an armored motor vehicle provided, however, that
            covered Property transported in such manner is limited to the following:
 
            (1)   written records,
 
            (2)   securities issued in registered form, which are not endorsed or are
restrictively endorsed, or
 
            (3)   negotiable instruments not payable to bearer, which are not endorsed
                or are restrictively endorsed.
 
        Coverage under this INSURING CLAUSE begins immediately on the receipt of
        such Property by the natural person or Transportation Company and ends
        immediately on delivery to the premises of the addressee or to any representative
        of the addressee located anywhere.

 


Insuring Clauses                
(continued)                
 
 
Forgery Or Alteration   4.   Loss resulting directly from:
 
        a.   Forgery on, or fraudulent material alteration of, any bills of exchange,
            checks, drafts, acceptances, certificates of deposits, promissory notes, due
            bills, money orders, orders upon public treasuries, letters of credit, other
            written promises, orders or directions to pay sums certain in money, or
            receipts for the withdrawal of Property, or
 
        b.   transferring, paying or delivering any funds or other Property, or establishing
            any credit or giving any value in reliance on any written instructions, advices
            or applications directed to the ASSURED authorizing or acknowledging the
            transfer, payment, delivery or receipt of funds or other Property, which
            instructions, advices or applications fraudulently purport to bear the
            handwritten signature of any customer of the ASSURED, or shareholder or
            subscriber to shares of an Investment Company, or of any financial
            institution or Employee but which instructions, advices or applications either
            bear a Forgery or have been fraudulently materially altered without the
            knowledge and consent of such customer, shareholder, subscriber, financial
            institution or Employee;
 
        excluding, however, under this INSURING CLAUSE any loss covered under
        INSURING CLAUSE 5. of this Bond, whether or not coverage for INSURING
        CLAUSE 5. is provided for in the DECLARATIONS of this Bond.
 
        For the purpose of this INSURING CLAUSE, a mechanically reproduced facsimile
        signature is treated the same as a handwritten signature.

 
 
 
 
Extended Forgery   5.   Loss resulting directly from the ASSURED having, in good faith, and in the
        ordinary course of business, for its own account or the account of others in any
        capacity:    
 
        a.   acquired, accepted or received, sold or delivered, or given value, extended
            credit or assumed liability, in reliance on any original Securities,
            documents or other written instruments which prove to:
 
            (1)   bear a Forgery or a fraudulently material alteration,
 
            (2)   have been lost or stolen, or
 
            (3)   be Counterfeit, or
 
        b.   guaranteed in writing or witnessed any signatures on any transfer,
            assignment, bill of sale, power of attorney, guarantee, endorsement or other
            obligation upon or in connection with any Securities, documents or other
            written instruments.
 
        Actual physical possession, and continued actual physical possession if taken as
        collateral, of such Securities, documents or other written instruments by an
        Employee, Custodian, or a Federal or State chartered deposit institution of the
        ASSURED is a condition precedent to the ASSURED having relied on such items.
        Release or return of such collateral is an acknowledgment by the ASSURED that it
        no longer relies on such collateral.

 


Insuring Clauses                
 
 
Extended Forgery       For the purpose of this INSURING CLAUSE, a mechanically reproduced facsimile
(continued)       signature is treated the same as a handwritten signature.

 
 
 
 
Counterfeit Money   6.   Loss resulting directly from the receipt by the ASSURED in good faith of any
        Counterfeit money.

 
 
 
 
Threats To Person   7.   Loss resulting directly from surrender of Property away from an office of the
        ASSURED as a result of a threat communicated to the ASSURED to do bodily
        harm to an Employee as defined in SECTION 1. e. (1), (2) and (5), a Relative or
        invitee of such Employee, or a resident of the household of such Employee, who
        is, or allegedly is, being held captive provided, however, that prior to the surrender
        of such Property:
 
        a.   the Employee who receives the threat has made a reasonable effort to
            notify an officer of the ASSURED who is not involved in such threat, and
 
        b.   the ASSURED has made a reasonable effort to notify the Federal Bureau of
            Investigation and local law enforcement authorities concerning such threat.
 
        It is agreed that for purposes of this INSURING CLAUSE, any Employee of the
        ASSURED, as set forth in the preceding paragraph, shall be deemed to be an
        ASSURED hereunder, but only with respect to the surrender of money, securities
        and other tangible personal property in which such Employee has a legal or
        equitable interest.

 
 
 
 
Computer System   8.   Loss resulting directly from fraudulent:
 
        a.   entries of data into, or
 
        b.   changes of data elements or programs within,
 
        a Computer System, provided the fraudulent entry or change causes:
 
            (1)   funds or other property to be transferred, paid or delivered,
 
            (2)   an account of the ASSURED or of its customer to be added, deleted,
debited or credited, or
 
            (3)   an unauthorized account or a fictitious account to be debited or
                credited.

 


Insuring Clauses            
(continued)            
 
 
Voice Initiated Funds   9.   Loss resulting directly from Voice Initiated Funds Transfer Instruction directed
Transfer Instruction       to the ASSURED authorizing the transfer of dividends or redemption proceeds of
        Investment Company shares from a Customer's account, provided such Voice
        Initiated Funds Transfer Instruction was:
 
        a.   received at the ASSURED'S offices by those Employees of the ASSURED
            specifically authorized to receive the Voice Initiated Funds Transfer
            Instruction,
 
        b.   made by a person purporting to be a Customer, and
 
        c.   made by said person for the purpose of causing the ASSURED or Customer
            to sustain a loss or making an improper personal financial gain for such
            person or any other person.
 
        In order for coverage to apply under this INSURING CLAUSE, all Voice Initiated
        Funds Transfer Instructions must be received and processed in accordance with
        the Designated Procedures outlined in the APPLICATION furnished to the
        COMPANY.

 
 
 
 
Uncollectible Items of   10.   Loss resulting directly from the ASSURED having credited an account of a
Deposit       customer, shareholder or subscriber on the faith of any Items of Deposit which
        prove to be uncollectible, provided that the crediting of such account causes:
 
        a.   redemptions or withdrawals to be permitted,
 
        b.   shares to be issued, or
 
        c.   dividends to be paid,
 
from an account of an Investment Company.
 
        In order for coverage to apply under this INSURING CLAUSE, the ASSURED
        must hold Items of Deposit for the minimum number of days stated in the
        APPLICATION before permitting any redemptions or withdrawals, issuing any
        shares or paying any dividends with respect to such Items of Deposit.
 
        Items of Deposit shall not be deemed uncollectible until the ASSURED'S
        standard collection procedures have failed.

 
 
 
 
Audit Expense   11.   Expense incurred by the ASSURED for that part of the cost of audits or
        examinations required by any governmental regulatory authority or self-regulatory
        organization to be conducted by such authority, organization or their appointee by
        reason of the discovery of loss sustained by the ASSURED and covered by this
        Bond.

 


General Agreements            
 
 
Additional Companies   A.   If more than one corporation, or Investment Company, or any combination of
Included As Assured       them is included as the ASSURED herein:
        (1)   The total liability of the COMPANY under this Bond for loss or losses
            sustained by any one or more or all of them shall not exceed the limit for
            which the COMPANY would be liable under this Bond if all such loss were
            sustained by any one of them.
 
        (2)   Only the first named ASSURED shall be deemed to be the sole agent of the
            others for all purposes under this Bond, including but not limited to the giving
            or receiving of any notice or proof required to be given and for the purpose of
            effecting or accepting any amendments to or termination of this Bond. The
            COMPANY shall furnish each Investment Company with a copy of the
            Bond and with any amendment thereto, together with a copy of each formal
            filing of claim by any other named ASSURED and notification of the terms of
            the settlement of each such claim prior to the execution of such settlement.
 
        (3)   The COMPANY shall not be responsible for the proper application of any
            payment made hereunder to the first named ASSURED.
 
        (4)   Knowledge possessed or discovery made by any partner, director, trustee,
            officer or supervisory employee of any ASSURED shall constitute knowledge
            or discovery by all the ASSUREDS for the purposes of this Bond.
 
        (5)   If the first named ASSURED ceases for any reason to be covered under this
            Bond, then the ASSURED next named on the APPLICATION shall thereafter
            be considered as the first named ASSURED for the purposes of this Bond.

 
 
 
 
 
Representation Made By   B.   The ASSURED represents that all information it has furnished in the
Assured       APPLICATION for this Bond or otherwise is complete, true and correct. Such
        APPLICATION and other information constitute part of this Bond.
 
        The ASSURED must promptly notify the COMPANY of any change in any fact or
        circumstance which materially affects the risk assumed by the COMPANY under
        this Bond.
 
        Any intentional misrepresentation, omission, concealment or incorrect statement of
        a material fact, in the APPLICATION or otherwise, shall be grounds for recision of
        this Bond.

 


General Agreements            
(continued)            
 
 
Additional Offices Or   C.   If the ASSURED, other than an Investment Company, while this Bond is in force,
Employees - Consolidation,       merges or consolidates with, or purchases or acquires assets or liabilities of
Merger Or Purchase Or       another institution, the ASSURED shall not have the coverage afforded under this
Acquisition Of Assets Or       Bond for loss which has:
Liabilities - Notice To       (1)   occurred or will occur on premises, or
Company            
        (2)   been caused or will be caused by an employee, or
        (3)   arisen or will arise out of the assets or liabilities,
        of such institution, unless the ASSURED:
        a.   gives the COMPANY written notice of the proposed consolidation, merger or
            purchase or acquisition of assets or liabilities prior to the proposed effective
            date of such action, and
        b.   obtains the written consent of the COMPANY to extend some or all of the
            coverage provided by this Bond to such additional exposure, and
        c.   on obtaining such consent, pays to the COMPANY an additional premium.

 
 
 
 
 
Change Of Control -   D.   When the ASSURED learns of a change in control (other than in an Investment
Notice To Company       Company), as set forth in Section 2(a) (9) of the Investment Company Act of
        1940,   the ASSURED shall within sixty (60) days give written notice to the
        COMPANY setting forth:
        (1)   the names of the transferors and transferees (or the names of the beneficial
            owners if the voting securities are registered in another name),
        (2)   the total number of voting securities owned by the transferors and the
            transferees (or the beneficial owners), both immediately before and after the
            transfer, and
        (3)   the total number of outstanding voting securities.
        Failure to give the required notice shall result in termination of coverage for any
        loss involving a transferee, to be effective on the date of such change in control.

 
 
 
 
Court Costs And   E.   The COMPANY will indemnify the ASSURED for court costs and reasonable
Attorneys Fees       attorneys' fees incurred and paid by the ASSURED in defense, whether or not
        successful, whether or not fully litigated on the merits and whether or not settled,
        of any claim, suit or legal proceeding with respect to which the ASSURED would
        be entitled to recovery under this Bond. However, with respect to INSURING
        CLAUSE 1. , this Section shall only apply in the event that:
        (1)   an Employee admits to being guilty of Larceny or Embezzlement,
        (2)   an Employee is adjudicated to be guilty of Larceny or Embezzlement, or

 


General Agreements        
 
 
Court Costs And   (3)   in the absence of 1 or 2 above, an arbitration panel agrees, after a review of
Attorneys Fees       an agreed statement of facts between the COMPANY and the ASSURED,
(continued)       that an Employee would be found guilty of Larceny or Embezzlement if
such Employee were prosecuted.
 
    The ASSURED shall promptly give notice to the COMPANY of any such suit or
    legal proceeding and at the request of the COMPANY shall furnish copies of all
    pleadings and pertinent papers to the COMPANY. The COMPANY may, at its
    sole option, elect to conduct the defense of all or part of such legal proceeding.
    The defense by the COMPANY shall be in the name of the ASSURED through
    attorneys selected by the COMPANY. The ASSURED shall provide all reasonable
    information and assistance as required by the COMPANY for such defense.
 
    If the COMPANY declines to defend the ASSURED, no settlement without the
    prior written consent of the COMPANY nor judgment against the ASSURED shall
    determine the existence, extent or amount of coverage under this Bond.
 
    If the amount demanded in any such suit or legal proceeding is within the
    DEDUCTIBLE AMOUNT, if any, the COMPANY shall have no liability for court
    costs and attorney's fees incurred in defending all or part of such suit or legal
    proceeding.
 
    If the amount demanded in any such suit or legal proceeding is in excess of the
    LIMIT OF LIABILITY stated in ITEM 2. of the DECLARATIONS for the applicable
    INSURING CLAUSE, the COMPANY'S liability for court costs and attorney's fees
    incurred in defending all or part of such suit or legal proceedings is limited to the
    proportion of such court costs and attorney's fees incurred that the LIMIT OF
    LIABILITY stated in ITEM 2. of the DECLARATIONS for the applicable INSURING
    CLAUSE bears to the total of the amount demanded in such suit or legal
    proceeding.
 
    If the amount demanded is any such suit or legal proceeding is in excess of the
    DEDUCTIBLE AMOUNT, if any, but within the LIMIT OF LIABILITY stated in ITEM
    2.   of the DECLARATIONS for the applicable INSURING CLAUSE, the
    COMPANY'S liability for court costs and attorney's fees incurred in defending all or
    part of such suit or legal proceedings shall be limited to the proportion of such
    court costs or attorney's fees that the amount demanded that would be payable
    under this Bond after application of the DEDUCTIBLE AMOUNT, bears to the total
    amount demanded.
 
    Amounts paid by the COMPANY for court costs and attorneys' fees shall be in
    addition to the LIMIT OF LIABILITY stated in ITEM 2. of the DECLARATIONS.

 


Conditions and                
Limitations                
 
 
Definitions   1.   As used in this Bond:
 
        a.   Computer System means a computer and all input, output, processing,
            storage, off-line media libraries, and communication facilities which are
            connected to the computer and which are under the control and supervision
            of the operating system(s) or application(s) software used by the ASSURED.
 
        b.   Counterfeit means an imitation of an actual valid original which is intended
            to deceive and be taken as the original.
 
        c.   Custodian means the institution designated by an Investment Company to
            maintain possession and control of its assets.
 
        d.   Customer means an individual, corporate, partnership, trust customer,
            shareholder or subscriber of an Investment Company which has a written
            agreement with the ASSURED for Voice Initiated Funds Transfer
            Instruction.
 
        e.   Employee means:
 
            (1)   an officer of the ASSURED,
 
            (2)   a natural person while in the regular service of the ASSURED at any of
                the ASSURED'S premises and compensated directly by the ASSURED
                through its payroll system and subject to the United States Internal
                Revenue Service Form W-2 or equivalent income reporting plans of
                other countries, and whom the ASSURED has the right to control and
                direct both as to the result to be accomplished and details and means
                by which such result is accomplished in the performance of such
                service,
 
            (3)   a guest student pursuing studies or performing duties in any of the
ASSURED'S premises,
 
            (4)   an attorney retained by the ASSURED and an employee of such
                attorney while either is performing legal services for the ASSURED,
 
            (5)   a natural person provided by an employment contractor to perform
                employee duties for the ASSURED under the ASSURED'S supervision
                at any of the ASSURED'S premises,
 
            (6)   an employee of an institution merged or consolidated with the
                ASSURED prior to the effective date of this Bond,
 
            (7)   a director or trustee of the ASSURED, but only while performing acts
                within the scope of the customary and usual duties of any officer or
                other employee of the ASSURED or while acting as a member of any
                committee duly elected or appointed to examine or audit or have
                custody of or access to Property of the ASSURED, or

 


Conditions and            
Limitations            
 
 
Definitions   (8)   each natural person, partnership or corporation authorized by written
(continued)       agreement with the ASSURED to perform services as electronic data
        processor of checks or other accounting records related to such checks but
        only while such person, partnership or corporation is actually performing
        such services and not:
 
        a.   creating, preparing, modifying or maintaining the ASSURED'S
            computer software or programs, or
 
        b.   acting as transfer agent or in any other agency capacity in issuing
            checks, drafts or securities for the ASSURED,
 
    (9)   any partner, officer or employee of an investment advisor, an underwriter
        (distributor), a transfer agent or shareholder accounting recordkeeper, or an
        administrator, for an Investment Company while performing acts coming
        within the scope of the customary and usual duties of an officer or employee
        of an Investment Company or acting as a member of any committee duly
        elected or appointed to examine, audit or have custody of or access to
        Property of an Investment Company.
 
        The term Employee shall not include any partner, officer or employee of a
        transfer agent, shareholder accounting recordkeeper or administrator:
 
        a.   which is not an "affiliated person" (as defined in Section 2(a) of the
            Investment Company Act of 1940) of an Investment Company or of
            the investment advisor or underwriter (distributor) of such Investment
            Company, or
 
        b.   which is a "bank" (as defined in Section 2(a) of the Investment
Company Act of 1940) .
 
            This Bond does not afford coverage in favor of the employers of
            persons as set forth in e. (4), (5) and (8) above, and upon payment to
            the ASSURED by the COMPANY resulting directly from Larceny or
            Embezzlement committed by any of the partners, officers or
            employees of such employers, whether acting alone or in collusion with
            others, an assignment of such of the ASSURED'S rights and causes of
            action as it may have against such employers by reason of such acts
            so committed shall, to the extent of such payment, be given by the
            ASSURED to the COMPANY, and the ASSURED shall execute all
            papers necessary to secure to the COMPANY the rights provided for
            herein.
 
        Each employer of persons as set forth in e. (4), (5) and (8) above and the
        partners, officers and other employees of such employers shall collectively
        be deemed to be one person for all the purposes of this Bond; excepting,
        however, the fifth paragraph of Section 13.
 
        Independent contractors not specified in e. (4), (5) or (8) above,
        intermediaries, agents, brokers or other representatives of the same general
        character shall not be considered Employees.

 


Conditions and        
Limitations        
 
 
Definitions   f.   Forgery means the signing of the name of another natural person with the
(continued)       intent to deceive but does not mean a signature which consists in whole or in
        part of one's own name, with or without authority, in any capacity for any
        purpose.
 
    g.   Investment Company means any investment company registered under the
        Investment Company Act of 1940 and listed under the NAME OF ASSURED
        on the DECLARATIONS.
 
    h.   Items of Deposit means one or more checks or drafts drawn upon a
        financial institution in the United States of America.
 
    i.   Larceny or Embezzlement means larceny or embezzlement as defined in
        Section 37 of the Investment Company Act of 1940.
 
    j.   Property means money, revenue and other stamps; securities; including any
        note, stock, treasury stock, bond, debenture, evidence of indebtedness,
        certificate of deposit, certificate of interest or participation in any profit-
        sharing agreement, collateral trust certificate, preorganization certificate or
        subscription, transferable share, investment contract, voting trust certificate,
        certificate of deposit for a security, fractional undivided interest in oil, gas, or
        other mineral rights, any interest or instruments commonly known as a
        security under the Investment Company Act of 1940, any other certificate of
        interest or participation in, temporary or interim certificate for, receipt for,
        guarantee of, or warrant or right to subscribe to or purchase any of the
        foregoing; bills of exchange; acceptances; checks; withdrawal orders; money
        orders; travelers' letters of credit; bills of lading; abstracts of title; insurance
        policies, deeds, mortgages on real estate and/or upon chattels and interests
        therein; assignments of such policies, deeds or mortgages; other valuable
        papers, including books of accounts and other records used by the
        ASSURED in the conduct of its business (but excluding all electronic data
        processing records); and, all other instruments similar to or in the nature of
        the foregoing in which the ASSURED acquired an interest at the time of the
        ASSURED'S consolidation or merger with, or purchase of the principal
        assets of, a predecessor or which are held by the ASSURED for any
        purpose or in any capacity and whether so held gratuitously or not and
        whether or not the ASSURED is liable therefor.
 
    k.   Relative means the spouse of an Employee or partner of the ASSURED
        and any unmarried child supported wholly by, or living in the home of, such
        Employee or partner and being related to them by blood, marriage or legal
        guardianship.
 
    l.   Securities, documents or other written instruments means original
        (including original counterparts) negotiable or non-negotiable instruments, or
        assignments thereof, which in and of themselves represent an equitable
        interest, ownership, or debt and which are in the ordinary course of business
        transferable by delivery of such instruments with any necessary
        endorsements or assignments.

 


Conditions and            
Limitations            
 
 
Definitions       m.   Subsidiary means any organization that, at the inception date of this Bond,
(continued)           is named in the APPLICATION or is created during the BOND PERIOD and
            of which more than fifty percent (50%) of the outstanding securities or voting
            rights representing the present right to vote for election of directors is owned
            or controlled by the ASSURED either directly or through one or more of its
            subsidiaries.
 
        n.   Transportation Company means any organization which provides its own
            or its leased vehicles for transportation or which provides freight forwarding
            or air express services.
 
        o.   Voice Initiated Election means any election concerning dividend options
            available to Investment Company shareholders or subscribers which is
            requested by voice over the telephone.
 
        p.   Voice Initiated Redemption means any redemption of shares issued by an
            Investment Company which is requested by voice over the telephone.
 
        q.   Voice Initiated Funds Transfer Instruction means any Voice Initiated
            Redemption or Voice Initiated Election.
 
        For the purposes of these definitions, the singular includes the plural and the
        plural includes the singular, unless otherwise indicated.

 
 
 
 
General Exclusions -   2.   This bond does not directly or indirectly cover:
 
Applicable to All Insuring       a.   loss not reported to the COMPANY in writing within sixty (60) days after
Clauses           termination of this Bond as an entirety;
 
        b.   loss due to riot or civil commotion outside the United States of America and
            Canada, or any loss due to military, naval or usurped power, war or
            insurrection. This Section 2. b. , however, shall not apply to loss which occurs
            in transit in the circumstances recited in INSURING CLAUSE 3. , provided
            that when such transit was initiated there was no knowledge on the part of
            any person acting for the ASSURED of such riot, civil commotion, military,
            naval or usurped power, war or insurrection;
 
        c.   loss resulting from the effects of nuclear fission or fusion or radioactivity;
 
        d.   loss of potential income including, but not limited to, interest and dividends
            not realized by the ASSURED or by any customer of the ASSURED;
 
        e.   damages of any type for which the ASSURED is legally liable, except
            compensatory damages, but not multiples thereof, arising from a loss
            covered under this Bond;
 
        f.   costs, fees and expenses incurred by the ASSURED in establishing the
            existence of or amount of loss under this Bond, except to the extent covered
            under INSURING CLAUSE 11. ;
 
        g.   loss resulting from indirect or consequential loss of any nature;

 


Conditions and                    
Limitations                    
 
 
General Exclusions -       h.   loss resulting from dishonest acts by any member of the Board of Directors
Applicable to All Insuring           or Board of Trustees of the ASSURED who is not an Employee, acting
Clauses           alone or in collusion with others;
(continued)       i.   loss, or that part of any loss, resulting solely from any violation by the
ASSURED or by any Employee:
            (1)   of any law regulating:
                a.   the issuance, purchase or sale of securities,
                b.   securities transactions on security or commodity exchanges or
                    the over the counter market,
                c.   investment companies,
                d.   investment advisors, or
            (2)   of any rule or regulation made pursuant to any such law; or
        j.   loss of confidential information, material or data;
        k.   loss resulting from voice requests or instructions received over the
            telephone, provided however, this Section 2. k. shall not apply to INSURING
            CLAUSE 7. or 9.

 
 
 
 
 
Specific Exclusions -   3.   This Bond does not directly or indirectly cover:
Applicable To All Insuring       a.   loss caused by an Employee, provided, however, this Section 3. a. shall not
Clauses Except Insuring           apply to loss covered under INSURING CLAUSE 2. or 3. which results
Clause 1.           directly from misplacement, mysterious unexplainable disappearance, or
damage or destruction of Property;
        b.   loss through the surrender of property away from premises of the ASSURED
            as a result of a threat:
            (1)   to do bodily harm to any natural person, except loss of Property in
                transit in the custody of any person acting as messenger of the
                ASSURED, provided that when such transit was initiated there was no
                knowledge by the ASSURED of any such threat, and provided further
                that this Section 3. b. shall not apply to INSURING CLAUSE 7. , or
            (2)   to do damage to the premises or Property of the ASSURED;
        c.   loss resulting from payments made or withdrawals from any account
            involving erroneous credits to such account;
        d.   loss involving Items of Deposit which are not finally paid for any reason
            provided however, that this Section 3. d. shall not apply to INSURING
            CLAUSE 10. ;
        e.   loss of property while in the mail;

 


Conditions and                            
Limitations                            
 
 
Specific Exclusions -       f.   loss resulting from the failure for any reason of a financial or depository
Applicable To All Insuring           institution, its receiver or other liquidator to pay or deliver funds or other
Clauses Except Insuring           Property to the ASSURED provided further that this Section 3. f. shall not
Clause 1.           apply to loss of Property resulting directly from robbery, burglary,
(continued)           misplacement,   mysterious   unexplainable   disappearance,   damage,
            destruction or removal from the possession, custody or control of the
            ASSURED.                
 
        g.   loss of Property while in the custody of a Transportation Company,
            provided however, that this Section 3. g. shall not apply to INSURING
            CLAUSE 3. ;                
 
        h.   loss resulting from entries or changes made by a natural person with
            authorized access to a Computer System who acts in good faith on
            instructions, unless such instructions are given to that person by a software
            contractor or its partner, officer, or employee authorized by the ASSURED to
            design, develop, prepare, supply, service, write or implement programs for
            the ASSURED's Computer System; or        
 
        i.   loss resulting directly or indirectly from the input of data into a Computer
            System terminal, either on the premises of the customer of the ASSURED
            or under the control of such a customer, by a customer or other person who
            had authorized access to the customer's authentication mechanism.

 
 
 
 
 
Specific Exclusions -   4.   This bond does not directly or indirectly cover:        
 
Applicable To All Insuring       a.   loss resulting from the complete or partial non-payment of or default on any
Clauses Except Insuring           loan whether such loan was procured in good faith or through trick, artifice,
Clauses 1. , 4. , And 5.           fraud or false pretenses; provided, however, this Section 4. a. shall not apply
            to INSURING CLAUSE 8. ;            
 
        b.   loss resulting from forgery or any alteration;        
 
        c.   loss involving a counterfeit provided, however, this Section 4. c. shall not
            apply to INSURING CLAUSE 5. or 6.        

 
 
 
 
 
 
 
Limit Of Liability/Non-   5.   At all times prior to termination of this Bond, this Bond shall continue in force for
Reduction And Non-       the limit stated in the applicable sections of ITEM 2. of the DECLARATIONS,
Accumulation Of Liability       notwithstanding any previous loss for which the COMPANY may have paid or be
        liable to pay under this Bond provided, however, that the liability of the COMPANY
        under this Bond with respect to all loss resulting from:    
 
        a.   any one act of burglary, robbery or hold-up, or attempt thereat, in which no
            Employee is concerned or implicated, or        
 
        b.   any one unintentional or negligent act on the part of any one person
            resulting in damage to or destruction or misplacement of Property, or
 
        c.   all acts, other than those specified in a. above, of any one person, or

 


Conditions and            
Limitations            
 
 
Limit Of Liability/Non-       d.   any one casualty or event other than those specified in a. , b. , or c. above,
 
Reduction And Non-       shall be deemed to be one loss and shall be limited to the applicable LIMIT OF
Accumulation Of Liability       LIABILITY stated in ITEM 2. of the DECLARATIONS of this Bond irrespective of
(continued)       the total amount of such loss or losses and shall not be cumulative in amounts
        from year to year or from period to period.
 
        All acts, as specified in c. above, of any one person which
 
        i.   directly or indirectly aid in any way wrongful acts of any other person or
            persons, or
 
        ii.   permit the continuation of wrongful acts of any other person or persons
 
        whether such acts are committed with or without the knowledge of the wrongful
        acts of the person so aided, and whether such acts are committed with or without
        the intent to aid such other person, shall be deemed to be one loss with the
        wrongful acts of all persons so aided.

 
 
 
 
Discovery   6.   This Bond applies only to loss first discovered by an officer of the ASSURED
        during the BOND PERIOD. Discovery occurs at the earlier of an officer of the
        ASSURED being aware of:
 
        a.   facts which may subsequently result in a loss of a type covered by this Bond,
            or
 
        b.   an actual or potential claim in which it is alleged that the ASSURED is liable
            to a third party,
 
        regardless of when the act or acts causing or contributing to such loss occurred,
        even though the amount of loss does not exceed the applicable DEDUCTIBLE
        AMOUNT, or the exact amount or details of loss may not then be known.

 
 
 
 
Notice To Company -   7.   a.   The ASSURED shall give the COMPANY notice thereof at the earliest
Proof - Legal Proceedings           practicable moment, not to exceed sixty (60) days after discovery of loss, in
Against Company           an amount that is in excess of 50% of the applicable DEDUCTIBLE
            AMOUNT, as stated in ITEM 2. of the DECLARATIONS.
 
        b.   The ASSURED shall furnish to the COMPANY proof of loss, duly sworn to,
            with full particulars within six (6) months after such discovery.
 
        c.   Securities listed in a proof of loss shall be identified by certificate or bond
            numbers, if issued with them.
 
        d.   Legal proceedings for the recovery of any loss under this Bond shall not be
            brought prior to the expiration of sixty (60) days after the proof of loss is filed
            with the COMPANY or after the expiration of twenty-four (24) months from
            the discovery of such loss.
 
        e.   This Bond affords coverage only in favor of the ASSURED. No claim, suit,
            action or legal proceedings shall be brought under this Bond by anyone
            other than the ASSURED.

 


Conditions and            
Limitations            
 
 
Notice To Company -       f.   Proof of loss involving Voice Initiated Funds Transfer Instruction shall
Proof - Legal Proceedings           include electronic recordings of such instructions.
Against Company            
(continued)            

 
 
 
 
 
Deductible Amount   8.   The COMPANY shall not be liable under any INSURING CLAUSES of this Bond
        on account of loss unless the amount of such loss, after deducting the net amount
        of all reimbursement and/or recovery obtained or made by the ASSURED, other
        than from any Bond or policy of insurance issued by an insurance company and
        covering such loss, or by the COMPANY on account thereof prior to payment by
        the COMPANY of such loss, shall exceed the DEDUCTIBLE AMOUNT set forth in
        ITEM 3. of the DECLARATIONS, and then for such excess only, but in no event
        for more than the applicable LIMITS OF LIABILITY stated in ITEM 2. of the
        DECLARATIONS.
 
        There shall be no deductible applicable to any loss under INSURING CLAUSE 1.
        sustained by any Investment Company.

 
 
 
 
Valuation   9.   BOOKS OF ACCOUNT OR OTHER RECORDS
        The value of any loss of Property consisting of books of account or other records
        used by the ASSURED in the conduct of its business shall be the amount paid by
        the ASSURED for blank books, blank pages, or other materials which replace the
        lost books of account or other records, plus the cost of labor paid by the
        ASSURED for the actual transcription or copying of data to reproduce such books
        of account or other records.
 
        The value of any loss of Property other than books of account or other records
        used by the ASSURED in the conduct of its business, for which a claim is made
        shall be determined by the average market value of such Property on the
        business day immediately preceding discovery of such loss provided, however,
        that the value of any Property replaced by the ASSURED with the consent of the
        COMPANY and prior to the settlement of any claim for such Property shall be the
        actual market value at the time of replacement.
 
        In the case of a loss of interim certificates, warrants, rights or other securities, the
        production of which is necessary to the exercise of subscription, conversion,
        redemption or deposit privileges, the value of them shall be the market value of
        such privileges immediately preceding their expiration if said loss is not discovered
        until after their expiration. If no market price is quoted for such Property or for
        such privileges, the value shall be fixed by agreement between the parties.
 
        OTHER PROPERTY
 
        The value of any loss of Property, other than as stated above, shall be the actual
        cash value or the cost of repairing or replacing such Property with Property of
        like quality and value, whichever is less.

 


Conditions and            
Limitations            
(continued)            
 
 
Securities Settlement   10.   In the event of a loss of securities covered under this Bond, the COMPANY may,
        at its sole discretion, purchase replacement securities, tender the value of the
        securities in money, or issue its indemnity to effect replacement securities.
 
        The indemnity required from the ASSURED under the terms of this Section
        against all loss, cost or expense arising from the replacement of securities by the
        COMPANY'S indemnity shall be:
 
        a.   for securities having a value less than or equal to the applicable
            DEDUCTIBLE AMOUNT - one hundred (100%) percent;
 
        b.   for securities having a value in excess of the DEDUCTIBLE AMOUNT but
            within the applicable LIMIT OF LIABILITY - the percentage that the
            DEDUCTIBLE AMOUNT bears to the value of the securities;
 
        c.   for securities having a value greater than the applicable LIMIT OF LIABILITY
            - the percentage that the DEDUCTIBLE AMOUNT and portion in excess of
            the applicable LIMIT OF LIABILITY bears to the value of the securities.
 
        The value referred to in Section 10. a. , b. , and c. is the value in accordance with
        Section 9, Valuation, regardless of the value of such securities at the time the loss
under the COMPANY'S indemnity is sustained.
 
        The COMPANY is not required to issue its indemnity for any portion of a loss of
        securities which is not covered by this Bond; however, the COMPANY may do so
        as a courtesy to the ASSURED and at its sole discretion.
 
        The ASSURED shall pay the proportion of the Company's premium charge for the
        Company's indemnity as set forth in Section 10. a. , b. , and c. No portion of the
        LIMIT OF LIABILITY shall be used as payment of premium for any indemnity
        purchased by the ASSURED to obtain replacement securities.

 
 
 
 
Subrogation - Assignment 11.   In the event of a payment under this Bond, the COMPANY shall be subrogated to
Recovery       all of the ASSURED'S rights of recovery against any person or entity to the extent
        of such payment. On request, the ASSURED shall deliver to the COMPANY an
        assignment of the ASSURED'S rights, title and interest and causes of action
        against any person or entity to the extent of such payment.
 
        Recoveries, whether effected by the COMPANY or by the ASSURED, shall be
        applied net of the expense of such recovery in the following order:
 
        a.   first, to the satisfaction of the ASSURED'S loss which would otherwise have
            been paid but for the fact that it is in excess of the applicable LIMIT OF
            LIABILITY,
 
        b.   second, to the COMPANY in satisfaction of amounts paid in settlement of
            the ASSURED'S claim,
 
        c.   third, to the ASSURED in satisfaction of the applicable DEDUCTIBLE
            AMOUNT, and

 


Conditions and            
Limitations            
 
 
Subrogation - Assignment       d.   fourth, to the ASSURED in satisfaction of any loss suffered by the
Recovery           ASSURED which was not covered under this Bond.
(continued)       Recovery from reinsurance or indemnity of the COMPANY shall not be deemed a
        recovery under this section.

 
 
 
 
Cooperation Of Assured   12.   At the COMPANY'S request and at reasonable times and places designated by
        the COMPANY, the ASSURED shall:
 
        a.   submit to examination by the COMPANY and subscribe to the same under
            oath,
 
        b.   produce for the COMPANY'S examination all pertinent records, and
 
        c.   cooperate with the COMPANY in all matters pertaining to the loss.
 
        The ASSURED shall execute all papers and render assistance to secure to the
        COMPANY the rights and causes of action provided for under this Bond. The
        ASSURED shall do nothing after loss to prejudice such rights or causes of action.

 
 
 
 
Termination   13.   If the Bond is for a sole ASSURED, it shall not be terminated unless written notice
        shall have been given by the acting party to the affected party and to the
        Securities and Exchange Commission, Washington, D. C. , not less than sixty (60)
        days prior to the effective date of such termination.
 
        If the Bond is for a joint ASSURED, it shall not be terminated unless written notice
        shall have been given by the acting party to the affected party, and by the
        COMPANY to all ASSURED Investment Companies and to the Securities and
        Exchange Commission, Washington, D. C. , not less than sixty (60) days prior to
        the effective date of such termination.
 
        This Bond will terminate as to any one ASSURED, other than an Investment
        Company:
 
        a.   immediately on the taking over of such ASSURED by a receiver or other
            liquidator or by State or Federal officials, or
 
        b.   immediately on the filing of a petition under any State or Federal statute
            relative to bankruptcy or reorganization of the ASSURED, or assignment for
            the benefit of creditors of the ASSURED, or
 
        c.   immediately upon such ASSURED ceasing to exist, whether through merger
            into another entity, disposition of all of its assets or otherwise.
 
        The COMPANY shall refund the unearned premium computed at short rates in
        accordance with the standard short rate cancellation tables if terminated by the
        ASSURED or pro rata if terminated for any other reason.

 


Conditions and            
Limitations            
 
 
Termination       If any partner, director, trustee, or officer or supervisory employee of an
(continued)       ASSURED not acting in collusion with an Employee learns of any dishonest act
        committed by such Employee at any time, whether in the employment of the
        ASSURED or otherwise, whether or not such act is of the type covered under this
        Bond, and whether against the ASSURED or any other person or entity, the
        ASSURED:
 
        a.   shall immediately remove such Employee from a position that would enable
            such Employee to cause the ASSURED to suffer a loss covered by this
            Bond; and
 
        b.   within forty-eight (48) hours of learning that an Employee has committed
            any dishonest act, shall notify the COMPANY, of such action and provide full
particulars of such dishonest act.
 
        The COMPANY may terminate coverage as respects any Employee sixty (60)
        days after written notice is received by each ASSURED Investment Company
        and the Securities and Exchange Commission, Washington, D. C. of its desire to
        terminate this Bond as to such Employee.

 
 
 
 
Other Insurance   14.   Coverage under this Bond shall apply only as excess over any valid and collectible
        insurance, indemnity or suretyship obtained by or on behalf of:
 
        a.   the ASSURED,
 
        b.   a Transportation Company, or
 
        c.   another entity on whose premises the loss occurred or which employed the
            person causing the loss or engaged the messenger conveying the Property
            involved.

 
 
 
 
 
Conformity   15.   If any limitation within this Bond is prohibited by any law controlling this Bond's
        construction, such limitation shall be deemed to be amended so as to equal the
        minimum period of limitation provided by such law.

 
 
 
 
Change or Modification   16.   This Bond or any instrument amending or affecting this Bond may not be changed
        or modified orally. No change in or modification of this Bond shall be effective
        except when made by written endorsement to this Bond signed by an authorized
        representative of the COMPANY.
 
        If this Bond is for a sole ASSURED, no change or modification which would
        adversely affect the rights of the ASSURED shall be effective prior to sixty (60)
        days after written notice has been furnished to the Securities and Exchange
        Commission, Washington, D. C. , by the acting party.

 


Conditions And    
Limitations    
 
 
Change or Modification   If this Bond is for a joint ASSURED, no charge or modification which would
(continued)   adversely affect the rights of the ASSURED shall be effective prior to sixty (60)
    days after written notice has been furnished to all insured Investment Companies
    and to the Securities and Exchange Commission, Washington, D. C. , by the
    COMPANY.

 


    ENDORSEMENT/RIDER
Effective date of    
this endorsement/rider: July 1, 2025   FEDERAL INSURANCE COMPANY
    Endorsement/Rider No. 1
    To be attached to and
    form a part of Policy No. 82598998
Issued to: IM GLOBAL PARTNER FUND MANAGEMENT, LLC AND LITMAN GREGORY WE
GREGORY WEALTH MANAGEMENT, LLC

COMPLIANCE WITH APPLICABLE TRADE SANCTION LAWS
It is agreed that this insurance does not apply to the extent that trade or economic sanctions or other similar laws or
regulations prohibit the coverage provided by this insurance.
The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and
conditions of coverage.    
All other terms, conditions and limitations of this Policy shall remain unchanged.

 


            ENDORSEMENT/RIDER
Effective date of        
this endorsement/rider: July 1, 2025   FEDERAL INSURANCE COMPANY
        Endorsement/Rider No.   2
        To be attached to and    
        form a part of Bond No.   82598998
Issued to: IM GLOBAL PARTNER FUND MANAGEMENT, LLC AND LITMAN GREGORY WE
    GREGORY WEALTH MANAGEMENT, LLC    

 
 
    DELETING VALUATION-OTHER PROPERTY AND AMENDING CHANGE OR MODIFICATION
ENDORSEMENT
In consideration of the premium charged, it is agreed that this Bond is amended as follows:
1.   The paragraph titled Other Property in Section 9, Valuation, is deleted in its entirety.
2.   The third paragraph in Section 16, Change or Modification, is deleted in its entirety and replaced
    with the following:        
    If this Bond is for a joint ASSURED, no change or modification which would adversely affect the
    rights of the ASSURED shall be effective prior to sixty (60) days after written notice has been
    furnished to all insured Investment Companies and the Securities and Exchange Commission,
    Washington, D. C. , by the COMPANY.        
 
 
The title and any headings in this endorsement/rider are solely for convenience and form no part of the
terms and conditions of coverage.        
All other terms, conditions and limitations of this Bond shall remain unchanged.    

 


            ENDORSEMENT/RIDER
Effective date of        
this endorsement/rider: July 1, 2025   FEDERAL INSURANCE COMPANY
        Endorsement/Rider No.   3
        To be attached to and    
        form a part of Bond No.   82598998
Issued to: IM GLOBAL PARTNER FUND MANAGEMENT, LLC; LIITMAN GREGORY WEALTH MANAGEMENT,
LLC            

 
 
 
 
 
AUTOMATIC INCREASE IN LIMITS ENDORSEMENT
In consideration of the premium charged, it is agreed that GENERAL AGREEMENTS, Section C. Additional
Offices Or Employees-Consolidation, Merger Or Purchase Or Acquisition Of Assets Or Liabilities-Notice To
Company, is amended by adding the following subsection:    
Automatic Increase in Limits for Investment Companies    
If an increase in bonding limits is required pursuant to rule 17g-1 of the Investment Company Act of 1940
( the Act ), due to:        
(i)   the creation of a new Investment Company, other than by consolidation or merger with, or purchase or
    acquisition of assets or liabilities of, another institution; or    
(ii)   an increase in asset size of current Investment Companies covered under this Bond,
then the minimum required increase in limits shall take place automatically without payment of additional
premium for the remainder of the BOND PERIOD.    
 
 
The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms
and conditions of coverage.        
All other terms, conditions and limitations of this Bond shall remain unchanged.

 


            FEDERAL INSURANCE COMPANY
 
            Endorsement No.   4    
 
            Bond Number:   82598998    
 
NAME OF ASSURED: IM GLOBAL PARTNER FUND MANAGEMENT, LLC AND LITMAN GREGORY WE
    GREGORY WEALTH MANAGEMENT, LLC        

 
 
 
 
 
REVISE ITEM 2. ENDORSEMENT
 
It is agreed that this Bond is amended by deleting ITEM 2. in its entirety on the DECLARATIONS and
substituting the following:                
 
ITEM 2. LIMITS OF LIABILITY-DEDUCTIBLE AMOUNTS:                
 
If "Not Covered" is inserted below opposite any specified INSURING CLAUSE, such INSURING CLAUSE
and any other reference to such INSURING CLAUSE in this Bond shall be deemed to be deleted. There
shall be no deductible applicable to any loss under INSURING CLAUSE 1 sustained by any
Investment Company.                
 
        SINGLE LOSS   DEDUCTIBLE
INSURING CLAUSE   LIMIT OF LIABILITY   AMOUNT

 
 
1.   Employee   $   3,950,000   $   0
2.   On Premises   $   3,950,000   $   50,000
3.   In Transit   $   3,950,000   $   50,000
4.   Forgery or Alteration   $   3,950,000   $   50,000
5.   Extended Forgery   $   3,950,000   $   50,000
6.   Counterfeit Money   $   3,950,000   $   50,000
7.   Threats to Person   $   3,950,000   $   50,000
8.   Computer System   $   3,950,000   $   50,000
9.   Voice Initiated Funds Transfer Instruction   $   3,950,000   $   50,000
10.   Uncollectible Items of Deposit   $   Not Covered   $   N/A
11.   Audit Expense   $   50,000   $   5,000
12.   Unauthorized Signature   $   3,950,000   $   50,000
13.   Telefacsimile Instruction   $   3,950,000   $   50,000
14.   Stop Payment   $   50,000   $   5,000
 
 
This Endorsement applies to loss discovered after 12:01 a. m. on July 1, 2025.        
 
ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.        

 

Date: July 31, 2025



            FEDERAL INSURANCE COMPANY
            Endorsement No. : 5
            Bond Number:   82598998
 
NAME OF ASSURED: IM GLOBAL PARTNER FUND MANAGEMENT, LLC AND LITMAN GREGORY WE
            GREGORY WEALTH MANAGEMENT, LLC    

 
 
 
 
UNAUTHORIZED SIGNATURE ENDORSEMENT
It is agreed that this Bond is amended as follows:    
1.   By adding the following INSURING CLAUSE:    
    12.   Unauthorized Signature    
        Loss resulting directly from the ASSURED having accepted, paid or cashed any check or
        Withdrawal Order made or drawn on or against the account of the ASSURED S customer which
        bears the signature or endorsement of one other than a person whose name and signature is on
        file with the ASSURED as a signatory on such account.    
        It shall be a condition precedent to the ASSURED'S right of recovery under this INSURING
        CLAUSE that the ASSURED shall have on file signatures of all the persons who are signatories
        on such account.    
2.   By adding to Section 1. , Definitions, the following:    
    r.   Instruction means a written order to the issuer of an Uncertificated Security requesting that the
        transfer, pledge or release from pledge of the specified Uncertificated Security be registered.
    s.   Uncertificated Security means a share, participation or other interest in property of or an
        enterprise of the issuer or an obligation of the issuer, which is:    
        (1)   not represented by an instrument and the transfer of which is registered on books
            maintained for that purpose by or on behalf of the issuer, and    
        (2)   of a type commonly dealt in on securities exchanges or markets, and
        (3)   either one of a class or series or by its terms divisible into a class or series of shares,
            participations, interests or obligations.    

 


t.   Withdrawal Order means a non-negotiable instrument, other than an Instruction, signed by a
    customer of the ASSURED authorizing the ASSURED to debit the customer s account in the
    amount of funds stated therein.
 
 
 
 
This Endorsement applies to loss discovered after 12:01 a. m. on July 1, 2025.
 
 
 
ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.

 

Date: July 31, 2025



            FEDERAL INSURANCE COMPANY
 
            Endorsement No. : 6
 
            Bond Number:   82598998
 
NAME OF ASSURED:   IM GLOBAL PARTNER FUND MANAGEMENT, LLC AND LITMAN GREGORY WE
 
            GREGORY WEALTH MANAGEMENT, LLC    

 
 
 
 
 
TELEFACSIMILE INSTRUCTION FRAUD ENDORSEMENT
 
It is agreed that this Bond is amended as follows:    
 
1.   By adding the following INSURING CLAUSE:    
 
    13.   Telefacsimile Instruction    
 
        Loss resulting directly from the ASSURED having transferred, paid or delivered any
        funds or other Property or established any credit, debited any account or given any
        value on the faith of any fraudulent instructions sent by a Customer, financial institution
        or another office of the ASSURED by Telefacsimile directly to the ASSURED authorizing
        or acknowledging the transfer, payment or delivery of funds or Property or the
        establishment of a credit or the debiting of an account or the giving of value by the
        ASSURED where such Telefacsimile instructions:    
 
        a.   bear a valid test key exchanged between the ASSURED and a Customer or
            another financial institution with authority to use such test key for Telefacsimile
            instructions in the ordinary course of business, but which test key has been
            wrongfully obtained by a person who was not authorized to initiate, make,
            validate or authenticate a test key arrangement, and
 
        b.   fraudulently purport to have been sent by such Customer or financial institution
            when such Telefacsimile instructions were transmitted without the knowledge
            or consent of such Customer or financial institution by a person other than such
            Customer or financial institution and which bear a Forgery of a signature,
            provided that the Telefacsimile instruction was verified by a direct call back to
            an employee of the financial institution, or a person thought by the ASSURED to
            be the Customer, or an employee of another financial institution.
 
2.   By deleting from Section 1. , Definitions, the definition of Customer in its entirety, and substituting
    the following:        
 
    d.   Customer means an individual, corporate, partnership, trust customer, shareholder or
        subscriber of an Investment Company which has a written agreement with the ASSURED
        for Voice Initiated Funds Transfer Instruction or Telefacsimile Instruction.

 


3.   By adding to Section 1. , Definitions, the following:    
 
    u.   Telefacsimile means a system of transmitting written documents by electronic signals
        over telephone lines to equipment maintained by the ASSURED for the purpose of
        reproducing a copy of said document.   Telefacsimile does not mean electronic
        communication sent by Telex or similar means of communication, or through an
electronic communication system or through an automated clearing house.
 
4.   By adding to Section 3. , Specific Exclusions Applicable to All Insuring Clauses Except Insuring
    Clause 1. the following:    
 
    j.   loss resulting directly or indirectly from Telefacsimile instructions provided, however, this
        exclusion shall not apply to this INSURING CLAUSE.
 
 
 
 
This Endorsement applies to loss discovered after 12:01 a. m. on July 1, 2025.
 
 
ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.

 

Date: July 31, 2025



            FEDERAL INSURANCE COMPANY
            Endorsement No. :   7
            Bond Number:   82598998
NAME OF ASSURED: IM GLOBAL PARTNER FUND MANAGEMENT, LLC AND LITMAN GREGORY WE
            GREGORY WEALTH MANAGEMENT, LLC    

 
 
 
 
STOP PAYMENT ORDER OR REFUSAL TO PAY CHECK ENDORSEMENT
It is agreed that this Bond is amended as follows:    
1.   By adding the following INSURING CLAUSE:    
    14.   Stop Payment Order or Refusal to Pay Check    
        Loss resulting directly from the ASSURED being legally liable to pay compensatory damages
        for:        
        a.   complying or failing to comply with notice from any customer of the ASSURED or any
            authorized representative of such customer, to stop payment on any check or draft made or
            drawn upon or against the ASSURED by such customer or by any authorized
            representative of such customer, or    
        b.   refusing to pay any check or draft made or drawn upon or against the ASSURED by any
            customer of the ASSURED or by any authorized representative of such customer.
2.   By adding the following Specific Exclusion:    
    Section 4. A. Specific Exclusions Applicable to INSURING CLAUSE 14    
    This Bond does not directly or indirectly cover:    
    a.   liability assumed by the ASSURED by agreement under any contract, unless such liability would
        have attached to the ASSURED even in the absence of such agreement,
    b.   loss arising out of:    
        (1)   libel, slander, wrongful entry, eviction, defamation, false arrest, false imprisonment,
            malicious prosecution, assault or battery,    
        (2)   sickness, disease, physical bodily harm, mental or emotional distress or anguish, or death of
            any person, or    
        (3)   discrimination.    
This Endorsement applies to loss discovered after 12:01 a. m. on July 1, 2025.    
ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.

 

Date: July 31, 2025



        ENDORSEMENT/RIDER
 
Effective date of    
this endorsement/rider: July 1, 2025   FEDERAL INSURANCE COMPANY
 
        Endorsement/Rider No. 8
 
        To be attached to and
        form a part of Policy No. 82598998
 
Issued to: IM GLOBAL PARTNER FUND MANAGEMENT, LLC AND LITMAN GREGORY WE
 
 
_   GREGORY WEALTH MANAGEMENT, LLC

 
 
NAME OF ASSURED ENDORSEMENT
 
It is agreed that the NAME OF ASSURED in the DECLARATIONS is amended to read as follows:
 
IMGP Global Select Fund    
IMGP International Fund    
IMGP Small Company Fund    
IMGP High Income Fund    
IMGP Dolan McEniry Corporate Bond Fund    
IMGP APA Enhanced Income Municipal Fund    
IMGP DBI Managed Futures Strategy ETF    
IMGP Berkshire Dividend Growth ETF    
Polen Capital China Growth ETF    
Polen Capital Emerging Markets ex-China Growth ETF    
Polen Capital Global Growth ETF    
Polen Capital International Growth ETF    
 
 
This Endorsement applies to loss discovered after 12:01 a. m. on July 1, 2025.
 
All other terms, conditions and limitations of this Policy shall remain unchanged.

 


Important Notice:
 
 
 
The SEC Requires Proof of Your Fidelity Insurance Policy
 
Your company is now required to file an electronic copy of your fidelity insurance coverage
(Chubb s ICAP Bond policy) to the Securities and Exchange Commission (SEC), according to
rules adopted by the SEC on June 12, 2006.
 
Chubb is in the process of providing your agent/broker with an electronic copy of your insurance
policy as well as instructions on how to submit this proof of fidelity insurance coverage to the
SEC. You can expect to receive this information from your agent/broker shortly.
 
The electronic copy of your policy is provided by Chubb solely as a convenience and does not
affect the terms and conditions of coverage as set forth in the paper policy you receive by mail.
The terms and conditions of the policy mailed to you, which are the same as those set forth in
the electronic copy, constitute the entire agreement between your company and Chubb.
 
If you have any questions, please contact your agent or broker.

 


Chubb Producer Compensation
Practices & Policies
 
Chubb believes that policyholders should have access to information about Chubb's practices and policies related
to the payment of compensation to brokers and independent agents. You can obtain that information by
accessing our website at http://www. chubbproducercompensation. com or by calling the following toll-free

telephone number:
 
1-866-512-2862.

 


OFFICER’S CERTIFICATE

I, John M. Coughlan, Treasurer of Litman Gregory Funds Trust (the “Trust”), hereby certify that the following resolutions were adopted by the Board of Trustees, including a majority of the Board of Trustees of the Trust who are not “interested persons” as defined in the Investment Company Act of 1940, as amended (the “1940 Act”) (the “Independent Trustees”) of the Trust, at a Meeting on June 4, 2025:

WHEREAS, Section 17(g) of and Rule 17g-1 under the 1940 Act require a fidelity bond against larceny and embezzlement covering all officers and employees of an investment company with access to securities or funds of the investment company; and

WHEREAS, Rule 17g-1 under the 1940 Act requires that such fidelity bond be in such a reasonable form and amount (subject to certain specified minimums) as approved by a majority of the trustees who are not “interested persons” of the investment company as defined in Section 2(a)(19) of the 1940 Act after due consideration of all relevant factors, including, but not limited to, the value of the aggregate assets of the investment company to which any covered person may have access, the type and terms of custody arrangements and the nature of the securities in the investment company’s portfolio.

NOW, THEREFORE, BE IT:

RESOLVED, that the actions of the officers of the Trust to secure a blanket bond issued by Federal Insurance Company (Chubb) in the amount of $3,950,000 to be in effect from July 1, 2025 to July 1, 2026, in substantially the form presented to the Board, for an aggregate annual premium of $10,171, which premium shall be allocated on the relative basis of each Fund’s net assets (the “Fidelity Bond”) be, and they hereby are, approved;

RESOLVED FURTHER, that the form and amount of the Fidelity Bond coverage is approved after consideration of all factors deemed relevant by the Board, including, but not limited to, the existing and projected value of the aggregate assets of the Trust to which any covered person may have access, the type and terms of the arrangements made for the custody and safekeeping of such assets and the nature of the securities held by the Trust;

RESOLVED FURTHER, that the execution and delivery of the Fidelity Bond and any and all payments made and any and all other acts performed by the officers of the Trust, in the name of the Trust and on its behalf, to renew the Fidelity Bond be, and they here by are, authorized and ratified; and

RESOLVED FURTHER, that John M. Coughlan is designated as the individual responsible for making the necessary filings with the SEC and giving the notices with respect to the Fidelity Bond as may be required by paragraph (g) of Rule 17g-1 under the 1940 Act, and any actions taken by Mr. Coughlan with respect to such filings and notices be, and they hereby are, ratified and approved.


IN WITNESS WHEREOF, I have hereunto set my hand this 6th day of August, 2025.

 

/s/ John M. Coughlan

John M. Coughlan
Treasurer

 



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