Disclaimer

GENERAL DISCLOSURES
This presentation is privileged and confidential and it is intended solely for the use of the person to whom it has been delivered (or persons within the recipient’s organization) for the purpose of evaluating Sunbridge Capital Partners, LLC’s business and is not to be reproduced or distributed to any other persons (other than persons in the recipient’s organization) without the prior written consent of Sunbridge Capital Partners, LLC (“Sunbridge Capital”). This presentation is not a complete summary of the terms of the investment management services offered by Sunbridge Capital and is qualified in its entirety by, and must be read in conjunction with, more detailed information regarding Sunbridge Capital, including Part 1 of its Form ADV and the prospectus of the Sunbridge Capital Emerging Markets Fund (the “Fund”).

The Fund will acquire the assets and liabilities of the Fiera Capital Emerging Markets Fund, a series of Fiera Capital Series Trust (the “Predecessor Fund”), on or about 9 July 2021 As a result of the acquisition, the Fund is the accounting successor of the Predecessor Fund. Performance results shown herein reflect the performance of the Predecessor Fund. The returns presented for the Predecessor Fund prior to June 4, 2018 reflect the performance of the City National Rochdale Emerging Markets Fund (the “CNR Emerging Markets Fund” or “CRYNX”), which was a series of City National Rochdale Funds. The CNR Emerging Markets Fund was subadvised by Fiera since December 1, 2017. As the result of a reorganization that was completed after the close of business on June 4, 2018, in which the Predecessor Fund acquired all of the assets, subject to the liabilities, of the CNR Emerging Markets Fund, the Predecessor Fund adopted the performance of the CNR Emerging Markets Fund. The CNR Emerging Markets Fund’s investment objectives and strategies were substantially identical to the Predecessor Fund’s investment objectives and strategies. Returns of the CNR Emerging Markets Fund have not been adjusted to reflect the expenses applicable to the Fund. The returns prior to June 4, 2018 are based on the previous performance and the actual fees/expenses of the CNR Emerging Markets Fund. The CNR Emerging Markets Fund’s predecessor, the Rochdale Emerging Markets Portfolio (the “Rochdale Fund” or “RIMIX”) commenced operations on December 14, 2011, as a series of Rochdale Investment Trust, a Delaware statutory trust. The CNR Emerging Markets Fund commenced operations on March 29, 2013, and offered shares for public sale on April 1, 2013, after the reorganization of the Rochdale Fund into the CNR Emerging Markets Fund. The performance results prior to March 29, 2013 are for the Rochdale Fund. Anindya Chatterjee is the portfolio manager primarily responsible for the day-to-day management of the Fund and Mr. Chatterjee managed the Predecessor Fund since the Predecessor Fund’s inception on December 14, 2011. No other persons played a significant part in achieving the performance of the Predecessor Fund. The Fund’s investment objectives and strategies are expected to be substantially identical to the Predecessor Fund.

Any opinions expressed in this presentation may be subject to change without notice. Although statements of fact and data contained in this presentation have been obtained from, and are based upon, sources that Sunbridge Capital believes to be reliable, Sunbridge Capital does not guarantee their accuracy, and any such information may be incomplete or condensed. No representation is made that the information contained herein is accurate or complete, and it may not be relied upon as such. This presentation does not constitute tax, accounting, or legal advice and that the audience should retain their own tax, accounting, or legal adviser regarding such contexts. Investments in emerging markets securities should be made only by informed and qualified investors or experienced professionals who have independent knowledge of the relevant markets, are able to consider and weigh the various risks presented by such securities, and have the financial resources necessary to bear the substantial risk of loss of investment in such instruments.

COMPOSITE DESCRIPTION
The performance composite, created on December 31, 2011 and brought under the Sunbridge Capital name on 9 July 2021, is composed of RIMIX/CRYNX (or the Predecessor Fund and the Fund). The composite is benchmarked against MSCI Emerging Markets Index and the MSCI Emerging Asia Index. RIMIX/CRYNX do not use leverage. The past performance of RIMIX/CRYNX is not indicative of the future performance of the Fund or any accounts managed by Sunbridge Capital. Unless otherwise indicated, performance calculations herein assume reinvestment of dividends and distributions. The strategy seeks long-term capital appreciation by investing in quality companies in emerging markets. The team’s opportunistic process seeks to capitalize on underlying regional macro trends and global macrodynamics which, combined with fundamental bottom-up security selection, may result in more concentrated regional investments.

PERFORMANCE AND FEES
Past performance is not indicative of future results. Inherent in any investment is the potential for loss. Charts and graphs herein are provided as illustrations only and are not meant to be guarantees of any return.

ABOUT SUNBRIDGE CAPITAL PARTNERS, LLC
Sunbridge Capital is a Registered investment Adviser with the U.S. Securities and Exchange Commission (the “SEC”)*. *Registration with the SEC does not imply a certain level of skill or training.

FORWARD-LOOKING STATEMENTS
Certain information contained in this document may constitute “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” anticipate,” “project,” “estimate,” “intend” “continue,” or “believe” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance of the Fund may differ materially from those reflected or contemplated in such forward- looking statements. These statements may include statements regarding the intent, belief or current expectations of Sunbridge Capital Partners with respect to, among other things: (i) the diversification of the portfolio; (ii) the ability to identify investment opportunities; and (iii) the performance of various investments.

ALLOCATIONS AND HOLDINGS
Portfolio details, holdings and allocations, and characteristics are as of the date noted and subject to change Information regarding the investable universe and any other securities or scenarios available for the time periods shown are not intended as an indication of any given client’s portfolio. A client’s actual holdings, percentages, durations, and contributions may vary. Top 10 holdings are based on size of the position in the portfolio. The specific holdings identified are not representative of all holdings and it should not be assumed that the holdings identified were or will be profitable.