The clients of U.S. Bancorp Fund Services, LLC may generate additional revenue by participating in our securities lending program. We expedite the market for securities lending through daily interaction with the broker/dealer community.

Our management controls, processes, and securities lending system facilitate the daily mark to market, daily reconciliation of the portfolio and collateral, ensuring the strongest risk management. Our securities lending experts provide:

• Strict selection and screening of borrowers
• Periodic credit review and approval of borrower base
• Daily adherence and management of collateral required
• Integration with fund Custody Services
• Reconciliation of loan participation
• Strict quality guidelines for collateral investment