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Investment Approach

The Victory Munder Mid-Cap Core Growth Fund’s management team seeks to provide long-term capital appreciation in the Fund by investing in a diversified portfolio of medium sized (mid-capitalization) companies. Medium sized means those companies with market capitalizations within the range of companies included in the Russell Midcap® Index or within the range of companies included in the S&P MidCap 400® Index.

Philosophy & Process

The Fund’s investment style focuses on companies that have growth prospects and are reasonably valued. This is known as GARP (Growth at a Reasonable Price). Specifically, the management team looks to invest in companies that have consistent and higher-than-average earnings growth, are financially stable with a below average debt level, have a leadership position in their industry and an effective management team, and whose stock price is attractive relative to the market and the company’s growth rate.

The management team’s process is designed to achieve consistent long-term returns across the full breadth of market conditions and economic cycles. The focus of its investment process is on security selection and risk management. The team believes this is the best way to position the Fund to achieve an optimal balance between potential reward and investment risk over a complete market cycle.

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Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please call 1-800-539-FUND or visit www.vcm.com.

Class A Shares MOP performance figures reflect a maximum sales charge of 5.75%.
Class C Shares are not subject to an initial sales charge, but are subject to a deferred sales charge of 1.00% on shares redeemed within the first year. Class C Shares MOP performance for periods less than 1 year reflect the effect of the 1.00% CDSC.
Class R6 and Y Shares are not subject to an initial sales charge when purchased, a contingent deferred sales charge or Rule 12b-1 fees.
Class R, R6 and Y Shares are available only to select investors as described in the Fund’s prospectus. Please read the Prospectus for information on the eligibility requirements to purchase Class I, R, R6 and Y Shares.
Class R Shares are not subject to an initial sales charge or a contingent deferred sales charge, but have a Rule 12b-1 fee.

The Adviser has contractually agreed to waive its management fee and/or reimburse expenses so that the total annual operating expenses of Class A and R of the Fund (excluding acquired fund fees and expenses and certain items such as interest, taxes and brokerage commissions) do not exceed 1.32% and 1.57%, respectively, until at least October 31, 2017. The Adviser is permitted to recoup advisory fees waived and expenses reimbursed for up to three years after the fiscal year in which the waiver or reimbursement took place (including any amounts waived or reimbursed prior to October 31, 2014 by Munder Capital Management, investment adviser to the Fund’s predecessor, Munder Mid-Cap Core Growth Fund, a series of Munder Series Trust), subject to the lesser of: (a) any operating expense limits in effect at the time of the original waiver or expense reimbursement; or (b) at the time of recoupment. This agreement may only be terminated by the Fund’s Board of Trustees.

Benchmark
Russell Midcap® Index: Includes approximately 800 of the smallest companies in the Russell 1000® Index (the 1,000 largest stocks by market capitalization in the Russell 3000® Index, an index of the top 3,000 U.S. stocks by market capitalization covering 98% of the U.S. equity investable universe). Securities indexes assume reinvestment of all distributions and interest payments and do not take into account brokerage fees or taxes. Securities in the Fund may not match those in the index and performance of the Fund will differ. Direct investment in an index is not possible.

Risk Measures
Alpha is a risk (beta adjusted) measurement of the dif­ference between a fund’s actual returns and what it might be expected to deliver based on its level of risk. Beta measures a fund’s sensitivity to market movements. Sharpe Ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. R-squared is a statistical measurement that determines the proportion of the return on a specific portfolio of securities, that can be explained by variations in the stock market, as measured by a benchmark index. Standard deviation is a statistical measure of volatility indicating the risk associated with a return series. The information ratio is a measure of the consistency of excess return. Source: Zephyr StyleADVISOR.

An investor should consider the fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the fund's prospectus. To obtain a prospectus, please call 1-800.539.FUND (1.800.539.3863). Please read the prospectus carefully before investing.

Fund policies may be subject to change.
These Funds may not be available for sale in all states. Contact your investment advisor concerning if/how you can purchase these Funds.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

Victory Capital Management Inc., an affiliate of VCA, is the investment advisor to the Funds and receives a fee from the Funds for its services. 

  • not FDIC insured
  • no bank guarantee
  • may lose value

Please read the User Agreement and Privacy Policy.

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Top Ten Holdings, Sector Diversification and Regional Weightings
The top ten holdings, sector diversification and regional weightings are presented to illus­trate examples of the Fund’s investments and may not be representative of the Fund’s current or future investments. Fund holdings are as of quarter end and may change at any time. Source: FactSet Research Systems, Inc.

Characteristics
Weighted harmonic average is the average market capitalization of all companies in a portfolio with each company weighted according to its percent of the portfolio. Market capitalization is the total dollar value of all outstanding shares computed as number of shares times current market price. Avg Price/Earnings Ratio (Last 12 Months & Next 12 Months) Shows the multiple of earnings at which a stock sells. Determined by dividing current stock price by earnings per share for the relevant 12 month period. Earnings per share for the P/E ratio are determined by dividing earnings for the relevant 12 month period by the number of common shares outstanding. Average Price/Book Ratio: Compares a stock’s market value to the value of total assets less total liabilities (book value). Dividend yield is total cash dividends paid as a percent of market capitalization at the end of the period. The yield for the index is the total of all dividends paid over twelve months divided by the total market capitalization. Return on Equity is net income divided by common equity. A measure of how well a company used reinvested earnings to generate additional earnings. EPS is the portion of a company's profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company's profitability. Long-Term Debt/Capitalization is an indicator of financial leverage. Shows long-term debt as a proportion of the capital available. Determined by dividing long-term debt by the sum of long-term debt, preferred stock and common stockholder's equity. Source: FactSet Research Systems, Inc.

Target metrics reflect our stated goals and are not absolute limits as these are affected by various factors like market fluctuations.
Percentage allocations listed above may not sum to 100% due to rounding methodology.

An investor should consider the fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the fund's prospectus. To obtain a prospectus, please call 1-800.539.FUND (1.800.539.3863). Please read the prospectus carefully before investing.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

Victory Capital Management Inc., an affiliate of VCA, is the investment advisor to the Funds and receives a fee from the Funds for its services. 

  • not FDIC insured
  • no bank guarantee
  • may lose value

Please read the User Agreement and Privacy Policy.

Tony Dong, CFA, Chief Investment Officer and Lead Manager, Munder Capital Management

Tony Dong is Vice Chairman, Chief Investment Officer and a senior portfolio manager for Munder Capital Management. He acts as team leader for all of Munder’s investment strategies while serving as lead portfolio manager for the Mid-Cap Core Growth and Mid-Cap Growth strategies and co-portfolio manager for the Small-Cap/Mid-Cap Blend, Focused Small/Mid-Cap and Small-Cap Growth strategies. Munder Capital Management was acquired by Victory Capital in October 2014 and is a Victory Capital investment franchise.

Mr. Dong has over 30 years of investment experience that includes overseeing equity strategies, portfolio management and equity research. He developed and manages investment strategies designed to generate alpha, control risk and create long-term value for clients through stock selection. His team’s flagship strategy, Mid-Cap Core Growth, was recognized by PSN as a “Top Guns Manager of the Decade” within the mid-cap growth universe for five consecutive years (2009-2013). Mr. Dong and his team's investment strategies have also been featured in Barron’s magazine and on CNBC and Bloomberg TV. He joined Munder in 1988 and has served as a board member. Prior to Munder, he was a portfolio manager and research analyst at Manufacturers National Bank. 

Mr. Dong holds a B.B.A. (with distinction) from the University of Michigan and an MBA in finance from Wayne State University. He is a CFA® charterholder and member of the CFA Institute and CFA Society of Detroit.


Robert Crosby, CFA, Senior Portfolio Manager

Robert Crosby is a senior portfolio manager for Munder Capital Management. In this role, he serves as lead portfolio manager for the Small-Cap/Mid-Cap Blend and Focused Small/Mid-Cap strategies and as an analyst for the Mid-Cap Core Growth, Mid-Cap Growth, Multi-Cap and Small-Cap Growth strategies. He is responsible for research coverage of the Energy, Real Estate, Industrials and Information Technology sectors. Munder Capital Management was acquired by Victory Capital in October 2014 and is a Victory Capital investment franchise.

Mr. Crosby joined Munder in 1993 and has more than 20 years of investment experience. His investment-related responsibilities have included both analytical and portfolio management roles.

Mr. Crosby received a B.A. in economics from the University of Missouri and an M.S. in economics and finance from Murray State University. He is a CFA® charterholder and member of the CFA Institute and CFA Society of Detroit.

Gavin Hayman, CFA, Equity Analyst

Gavin Hayman is an equity analyst for Munder Capital Management. In this role, he analyzes equity securities for the Mid-Cap Core Growth, Mid-Cap Growth, Focused Small/Mid-Cap, Small-Cap/Mid-Cap Blend, Multi-Cap and Small-Cap Growth strategies. He also assists with portfolio strategy, sector analysis, and stock selection and monitoring. He is responsible for research coverage of the Consumer Discretionary, Consumer Staples, Information Technology and Telecommunication Services sectors. Munder Capital Management was acquired by Victory Capital in October 2014 and is a Victory Capital investment franchise.

Prior to rejoining Munder in 2010, Mr. Hayman was director of research at Telemus Capital Partners, a high-net-worth management company. Before that, he was an institutional sales manager at AXA Framlington Investment Managers Group. Previously, he served as international product manager for the Munder Framlington investment strategies. Earlier in his career, he was a regional manager for Framlington Group, where he promoted all of the firm’s investment vehicles.

Mr. Hayman holds an honors degree in law from the University of Central Lancashire. He is a CFA® charterholder and member of the CFA Institute.

Brian Matuszak, CFA, Senior Equity Analyst

Brian Matuszak is a portfolio manager for Munder Capital Management. In this role, he serves as lead portfolio manager for the Small-Cap Growth strategy and as an analyst for the Mid-Cap Core Growth, Mid-Cap Growth, Small-Cap/Mid-Cap Blend, Focused Small/Mid-Cap and Multi-Cap strategies. He is responsible for research coverage of the Health Care, Utilities and Financials sectors. Munder Capital Management was acquired by Victory Capital in October 2014 and is a Victory Capital investment franchise.

Mr. Matuszak has more than 15 years of investment experience. Before becoming a portfolio manager, he served as an internal wholesaler for Munder. Prior to joining Munder in 2000, he was a financial advisor for Prudential Securities. He also has experience as a microeconomics instructor at Macomb Community College.

Mr. Matuszak earned a B.B.A. in finance and accounting (with distinction) and an M.S. in applied economics from the University of Michigan. He is a CFA® charterholder and member of the CFA Institute and CFA Society of Detroit.

Bob Glise is a senior portfolio manager and equity analyst for Munder Capital Management. In this role, he analyzes equity securities for the Mid-Cap Core Growth, Mid-Cap Growth, Focused Small/Mid-Cap, Small-Cap/Mid-Cap Blend, Multi-Cap and Small-Cap Growth strategies. He also assists with portfolio strategy, sector analysis, and stock selection and monitoring. He is responsible for research coverage of the Industrials, Materials and Financials sectors. Munder Capital Management was acquired by Victory Capital in October 2014 and is a Victory Capital investment franchise.

A tenured professional with 30 years of investment experience, Mr. Glise worked on Munder’s Mid-Cap Core Growth Fund/Mid-Cap Core Growth Strategy team from 1998-2002. Before rejoining Munder in 2016, he served as a senior partner and senior portfolio manager at NorthPointe Capital Management, where he played a key role in the launch of a growth equity platform. Earlier in his career, he held investment roles at Comerica Bank and Eaton Corporation.

Mr. Glise earned a B.A. in finance from Michigan State University. He is a CFA® charterholder.

Sean Wright, Equity Analyst

Sean Wright is an equity analyst for Munder Capital Management. In this role, he analyzes equity securities for the Mid-Cap Core Growth, Mid-Cap Growth, Focused Small/Mid-Cap, Small-Cap/Mid-Cap Blend, Multi-Cap and Small-Cap Growth strategies. He also assists with portfolio strategy, sector analysis, and stock selection and monitoring. He is responsible for research coverage of the Energy and Materials sectors. Munder Capital Management was acquired by Victory Capital in October 2014 and is a Victory Capital investment franchise.

Before becoming an equity analyst, Mr. Wright was an intern with Munder, researching individual stocks and doing portfolio analytics work for the Mid-Cap Core Growth and Large-Cap Core strategies, as well as analyzing trade strategies and developing marketing materials. Prior to joining Munder in 2010, he interned for RFC Financial Planners, where he handled various tasks related to portfolio management, asset allocation and client relationship management.  

Mr. Wright received a B.A. in economics from the University of Michigan. He is a CFA® charterholder.

Fees & Expenses

Annual Fund Operating Expenses

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Investment Approach

The Victory Munder Mid-Cap Core Growth Fund’s management team seeks to provide long-term capital appreciation in the Fund by investing in a diversified portfolio of medium sized (mid-capitalization) companies. Medium sized means those companies with market capitalizations within the range of companies included in the Russell Midcap® Index or within the range of companies included in the S&P MidCap 400® Index.

Philosophy & Process

The Fund’s investment style focuses on companies that have growth prospects and are reasonably valued. This is known as GARP (Growth at a Reasonable Price). Specifically, the management team looks to invest in companies that have consistent and higher-than-average earnings growth, are financially stable with a below average debt level, have a leadership position in their industry and an effective management team, and whose stock price is attractive relative to the market and the company’s growth rate.

The management team’s process is designed to achieve consistent long-term returns across the full breadth of market conditions and economic cycles. The focus of its investment process is on security selection and risk management. The team believes this is the best way to position the Fund to achieve an optimal balance between potential reward and investment risk over a complete market cycle.

Investment Considerations

The Fund invests in smaller and medium-sized company stocks, which are more volatile and less liquid than larger, more established company securities. The Fund may invest up to 25% of its assets in foreign securities, which involve additional risks due to currency fluctuations, economic and political conditions, and differences in financial reporting standards.

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please call 1-800-539-FUND or visit www.vcm.com.

An investor should consider the fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the fund's prospectus. To obtain a prospectus, please call 1-800.539.FUND (1.800.539.3863). Please read the prospectus carefully before investing.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

Victory Capital Management Inc., an affiliate of VCA, is the investment advisor to the Funds and receives a fee from the Funds for its services.

Annualized Returns

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Risk Measures

(As of {{::asOf | date:"MM/dd/yyyy"}})

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Calendar Year Returns

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Annual Expenses

(As of 11/01/2016)

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Gross Expense Ratio (%) {{::info.itemData | number}}
Net Expense Ratio (%) {{::info.itemData | number}}

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please call 1-800-539-FUND or visit www.vcm.com.

Class A Shares MOP performance figures reflect a maximum sales charge of 5.75%.
Class C Shares are not subject to an initial sales charge, but are subject to a deferred sales charge of 1.00% on shares redeemed within the first year. Class C Shares MOP performance for periods less than 1 year reflect the effect of the 1.00% CDSC.
Class R6 and Y Shares are not subject to an initial sales charge when purchased, a contingent deferred sales charge or Rule 12b-1 fees.
Class R, R6 and Y Shares are available only to select investors as described in the Fund’s prospectus. Please read the Prospectus for information on the eligibility requirements to purchase Class I, R, R6 and Y Shares.
Class R Shares are not subject to an initial sales charge or a contingent deferred sales charge, but have a Rule 12b-1 fee.

The Adviser has contractually agreed to waive its management fee and/or reimburse expenses so that the total annual operating expenses of Class A and R of the Fund (excluding acquired fund fees and expenses and certain items such as interest, taxes and brokerage commissions) do not exceed 1.32% and 1.57%, respectively, until at least October 31, 2017. The Adviser is permitted to recoup advisory fees waived and expenses reimbursed for up to three years after the fiscal year in which the waiver or reimbursement took place (including any amounts waived or reimbursed prior to October 31, 2014 by Munder Capital Management, investment adviser to the Fund’s predecessor, Munder Mid-Cap Core Growth Fund, a series of Munder Series Trust), subject to the lesser of: (a) any operating expense limits in effect at the time of the original waiver or expense reimbursement; or (b) at the time of recoupment. This agreement may only be terminated by the Fund’s Board of Trustees.

Benchmark
Russell Midcap® Index: Includes approximately 800 of the smallest companies in the Russell 1000® Index (the 1,000 largest stocks by market capitalization in the Russell 3000® Index, an index of the top 3,000 U.S. stocks by market capitalization covering 98% of the U.S. equity investable universe). Securities indexes assume reinvestment of all distributions and interest payments and do not take into account brokerage fees or taxes. Securities in the Fund may not match those in the index and performance of the Fund will differ. Direct investment in an index is not possible.

Risk Measures
Alpha is a risk (beta adjusted) measurement of the dif­ference between a fund’s actual returns and what it might be expected to deliver based on its level of risk. Beta measures a fund’s sensitivity to market movements. Sharpe Ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. R-squared is a statistical measurement that determines the proportion of the return on a specific portfolio of securities, that can be explained by variations in the stock market, as measured by a benchmark index. Standard deviation is a statistical measure of volatility indicating the risk associated with a return series. The information ratio is a measure of the consistency of excess return. Source: Zephyr StyleADVISOR.

An investor should consider the fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the fund's prospectus. To obtain a prospectus, please call 1-800.539.FUND (1.800.539.3863). Please read the prospectus carefully before investing.

Fund policies may be subject to change.
These Funds may not be available for sale in all states. Contact your investment advisor concerning if/how you can purchase these Funds.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

Victory Capital Management Inc., an affiliate of VCA, is the investment advisor to the Funds and receives a fee from the Funds for its services. 

  • not FDIC insured
  • no bank guarantee
  • may lose value

Please read the User Agreement and Privacy Policy.

Characteristics (As of {{::asOf | date:"MM/dd/yyyy"}})

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N/A

Characteristics (As of {{::asOf | date:"MM/dd/yyyy"}})

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Characteristics (As of {{::asOf | date:"MM/dd/yyyy"}})

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Duration Schedule (%) (As of {{::asOf | date:"MM/dd/yyyy"}})

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GNMA securities are backed by the same full faith and credit guarantee offered by U.S. Treasury securities which is an unconditional commitment to pay interest and principal on debt. This guarantee applies only to the underlying securities in the Fund and not to the Victory Fund for Income.

100.00

Average Life Structure (%) (As of {{::asOf | date:"MM/dd/yyyy"}})

Top Ten Holdings, Sector Diversification and Regional Weightings
The top ten holdings, sector diversification and regional weightings are presented to illus­trate examples of the Fund’s investments and may not be representative of the Fund’s current or future investments. Fund holdings are as of quarter end and may change at any time. Source: FactSet Research Systems, Inc.

Characteristics
Weighted harmonic average is the average market capitalization of all companies in a portfolio with each company weighted according to its percent of the portfolio. Market capitalization is the total dollar value of all outstanding shares computed as number of shares times current market price. Avg Price/Earnings Ratio (Last 12 Months & Next 12 Months) Shows the multiple of earnings at which a stock sells. Determined by dividing current stock price by earnings per share for the relevant 12 month period. Earnings per share for the P/E ratio are determined by dividing earnings for the relevant 12 month period by the number of common shares outstanding. Average Price/Book Ratio: Compares a stock’s market value to the value of total assets less total liabilities (book value). Dividend yield is total cash dividends paid as a percent of market capitalization at the end of the period. The yield for the index is the total of all dividends paid over twelve months divided by the total market capitalization. Return on Equity is net income divided by common equity. A measure of how well a company used reinvested earnings to generate additional earnings. EPS is the portion of a company's profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company's profitability. Long-Term Debt/Capitalization is an indicator of financial leverage. Shows long-term debt as a proportion of the capital available. Determined by dividing long-term debt by the sum of long-term debt, preferred stock and common stockholder's equity. Source: FactSet Research Systems, Inc.

Target metrics reflect our stated goals and are not absolute limits as these are affected by various factors like market fluctuations.
Percentage allocations listed above may not sum to 100% due to rounding methodology.

An investor should consider the fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the fund's prospectus. To obtain a prospectus, please call 1-800.539.FUND (1.800.539.3863). Please read the prospectus carefully before investing.

The Funds are distributed by Victory Capital Advisers, Inc. ("VCA"), member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck.

Victory Capital Management Inc., an affiliate of VCA, is the investment advisor to the Funds and receives a fee from the Funds for its services. 

  • not FDIC insured
  • no bank guarantee
  • may lose value

Please read the User Agreement and Privacy Policy.

Robert Crosby, CFA

Senior Portfolio Manager

Robert Crosby is a senior portfolio manager for Munder Capital Management. In this role, he serves as lead portfolio manager for the Small-Cap/Mid-Cap Blend and Focused Small/Mid-Cap strategies and as an analyst for the Mid-Cap Core Growth, Mid-Cap Growth, Multi-Cap and Small-Cap Growth strategies. He is responsible for research coverage of the Energy, Real Estate, Industrials and Information Technology sectors. Munder Capital Management was acquired by Victory Capital in October 2014 and is a Victory Capital investment franchise.

Mr. Crosby joined Munder in 1993 and has more than 20 years of investment experience. His investment-related responsibilities have included both analytical and portfolio management roles.

Mr. Crosby received a B.A. in economics from the University of Missouri and an M.S. in economics and finance from Murray State University. He is a CFA® charterholder and member of the CFA Institute and CFA Society of Detroit.

Gavin Hayman, CFA

Senior Analyst

Gavin Hayman is an equity analyst for Munder Capital Management. In this role, he analyzes equity securities for the Mid-Cap Core Growth, Mid-Cap Growth, Focused Small/Mid-Cap, Small-Cap/Mid-Cap Blend, Multi-Cap and Small-Cap Growth strategies. He also assists with portfolio strategy, sector analysis, and stock selection and monitoring. He is responsible for research coverage of the Consumer Discretionary, Consumer Staples, Information Technology and Telecommunication Services sectors. Munder Capital Management was acquired by Victory Capital in October 2014 and is a Victory Capital investment franchise.

Prior to rejoining Munder in 2010, Mr. Hayman was director of research at Telemus Capital Partners, a high-net-worth management company. Before that, he was an institutional sales manager at AXA Framlington Investment Managers Group. Previously, he served as international product manager for the Munder Framlington investment strategies. Earlier in his career, he was a regional manager for Framlington Group, where he promoted all of the firm’s investment vehicles.

Mr. Hayman holds an honors degree in law from the University of Central Lancashire. He is a CFA® charterholder and member of the CFA Institute.

Brian Matuszak, CFA

Senior Portfolio Manager

Brian Matuszak is a portfolio manager for Munder Capital Management. In this role, he serves as lead portfolio manager for the Small-Cap Growth strategy and as an analyst for the Mid-Cap Core Growth, Mid-Cap Growth, Small-Cap/Mid-Cap Blend, Focused Small/Mid-Cap and Multi-Cap strategies. He is responsible for research coverage of the Health Care, Utilities and Financials sectors. Munder Capital Management was acquired by Victory Capital in October 2014 and is a Victory Capital investment franchise.

Mr. Matuszak has more than 15 years of investment experience. Before becoming a portfolio manager, he served as an internal wholesaler for Munder. Prior to joining Munder in 2000, he was a financial advisor for Prudential Securities. He also has experience as a microeconomics instructor at Macomb Community College.

Mr. Matuszak earned a B.B.A. in finance and accounting (with distinction) and an M.S. in applied economics from the University of Michigan. He is a CFA® charterholder and member of the CFA Institute and CFA Society of Detroit.

Robert Glise, CFA

Senior Portfolio Manager and Equity Analyst

Bob Glise is a senior portfolio manager and equity analyst for Munder Capital Management. In this role, he analyzes equity securities for the Mid-Cap Core Growth, Mid-Cap Growth, Focused Small/Mid-Cap, Small-Cap/Mid-Cap Blend, Multi-Cap and Small-Cap Growth strategies. He also assists with portfolio strategy, sector analysis, and stock selection and monitoring. He is responsible for research coverage of the Industrials, Materials and Financials sectors. Munder Capital Management was acquired by Victory Capital in October 2014 and is a Victory Capital investment franchise.

A tenured professional with 30 years of investment experience, Mr. Glise worked on Munder’s Mid-Cap Core Growth Fund/Mid-Cap Core Growth Strategy team from 1998-2002. Before rejoining Munder in 2016, he served as a senior partner and senior portfolio manager at NorthPointe Capital Management, where he played a key role in the launch of a growth equity platform. Earlier in his career, he held investment roles at Comerica Bank and Eaton Corporation.

Mr. Glise earned a B.A. in finance from Michigan State University. He is a CFA® charterholder.

Sean Wright, CFA

Equity Analyst

Sean Wright is an equity analyst for Munder Capital Management. In this role, he analyzes equity securities for the Mid-Cap Core Growth, Mid-Cap Growth, Focused Small/Mid-Cap, Small-Cap/Mid-Cap Blend, Multi-Cap and Small-Cap Growth strategies. He also assists with portfolio strategy, sector analysis, and stock selection and monitoring. He is responsible for research coverage of the Energy and Materials sectors. Munder Capital Management was acquired by Victory Capital in October 2014 and is a Victory Capital investment franchise.

Before becoming an equity analyst, Mr. Wright was an intern with Munder, researching individual stocks and doing portfolio analytics work for the Mid-Cap Core Growth and Large-Cap Core strategies, as well as analyzing trade strategies and developing marketing materials. Prior to joining Munder in 2010, he interned for RFC Financial Planners, where he handled various tasks related to portfolio management, asset allocation and client relationship management.  

Mr. Wright received a B.A. in economics from the University of Michigan. He is a CFA® charterholder.

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