Form 497K Bridge Builder Trust
BRIDGE BUILDER TRUST
(the Trust)
Bridge Builder Tax Managed Small/Mid Cap Fund
(the Fund)
Supplement dated August 9, 2022
to the Summary Prospectus dated May 11, 2022
This supplement provides new and additional information beyond that contained in the Summary Prospectus and should be read in conjunction with the Summary Prospectus.
Effective immediately, Daniel Bloomgarden is added as a portfolio manager of the portion of the assets of the Fund managed by J.P. Morgan Investment Management Inc. (J.P. Morgans Allocated Portion of the Fund). Timothy Parton and Felise Agranoff continue to serve as portfolio managers of J.P. Morgans Allocated Portion of the Fund.
Accordingly, effective immediately, the table entitled J.P Morgan under the section of the Summary Prospectus entitled Sub-advisers and Portfolio Managers is replaced with the following:
Portfolio Managers | Position with J.P Morgan | Length of Service to the Fund | ||
Timothy Parton, CFA |
Managing Director |
Since Inception | ||
Felise L. Agranoff, CFA |
Executive Director |
Since Inception | ||
Daniel Bloomgarden, CFA |
Managing Director |
Since August 2022 |
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
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