Form 497 MUTUAL FUND SERIES TRUST
STATEMENT OF ADDITIONAL INFORMATION SUPPLEMENT |
August 10, 2022 |
Statement
of Additional Information |
August 10, 2022 |
Gilead Fund
ETAGX Class
A Shares ETCGX Class C Shares
ETGLX Class N Shares ETILX Class I Shares
Healthcare & Life Sciences Fund
ETAHX Class
A Shares ETCHX Class C Shares
ETNHX Class N Shares ETIHX Class I Shares
Multi-Asset Income Fund
ETAMX Class
A Shares ETCMX Class C Shares
ETNMX Class N Shares ETIMX Class I Shares
Dividend Opportunities Fund
ETADX Class
A Shares ETCDX Class C Shares
ETNDX Class N Shares ETIDX Class I Shares
Limited-Term Bond Fund
ETABX Class
A Shares ETCBX Class C Shares
ETNBX Class N Shares ETIBX Class I Shares
Exponential Technologies Fund
ETAEX Class
A Shares ETCEX Class C Shares
ETNEX Class N Shares ETIEX Class I Shares
Core Bond Fund
ETARX Class
A Shares ETCRX Class C Shares
ETNRX Class N Shares ETIRX Class I Shares
(each a “Fund” and collectively, the “Funds”)
This information supplements certain information contained in the Statement of Additional Information (“SAI”) for the Funds, dated November 1, 2021, as supplemented April 1, 2022, and should be read in conjunction with such SAI. |
The section of the Funds’ SAI entitled “Reduction of Up-Front Sales Charge on Class A Shares – Rights of Accumulation” is deleted and replaced with the following
STATEMENT OF ADDITIONAL INFORMATION SUPPLEMENT |
August 10, 2022 |
Rights of Accumulation
A right of accumulation ("ROA") permits an investor to aggregate shares (of any class) owned by the investor, his spouse, children and grandchildren under 21 (cumulatively, the "Investor") in some or all of the Funds in the Eventide family of funds to reach a breakpoint discount. This includes accounts held with other financial institutions and accounts established for a single trust estate or single fiduciary account, including a qualified retirement plan such as an IRA, 401(k) or 403(b) plan (some restrictions may apply). The value of shares eligible for a cumulative quantity discount equals the cumulative cost of the shares purchased (not including reinvested dividends) or the current account market value; whichever is greater. The current market value of the shares is determined by multiplying the number of shares by the previous day’s NAV.
For example, if an investor owned Class C shares of the Eventide Gilead Fund worth $40,000 at the current NAV and purchased an additional $10,000 of Class A shares of the Eventide Multi-Asset Income Fund, the sales charge for the $10,000 purchase would be at the rate applicable to a single $50,000 purchase.
To qualify for a ROA on a purchase of Class A shares through a broker-dealer, when each purchase is made, the individual investor or the broker-dealer must provide the respective Fund with sufficient information to verify that the purchase qualifies for the discount.
You should read this Supplement in conjunction with the Prospectus, Summary Prospectus and the Statement of Additional Information, each dated November 1, 2021, as supplemented, which provide information that you should know about the Funds before investing. These documents are available upon request and without charge by calling the Funds toll-free at 1-877-771-3836 or by writing to 4221 North 203rd Street, Suite 100, Elkhorn, Nebraska, 68022.
Please retain this Supplement for future reference.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lithium Americas Prices US$275 Million Underwritten Public Offering
- Transaction in Own Shares
- WorldFirst Unveils Global Sourcing Payment Solution WorldTrade to Facilitate Secure, Fast B2B Trade for SME Buyers
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!