Assessing the impact of mortgage rates on REITs

The REIT team at Chilton Capital Management, a Houston-based investment advisor, is led by Co-Portfolio Managers Bruce Garrison, CFA, and Matt Werner, CFA. Mr. Garrison has over 40 years of experience analyzing public REITs on both the buy and sell side. Mr. Werner joined Mr. Garrison on the Chilton REIT team in 2009. The REIT team’s strategy primarily pursues investments in publicly traded real estate investment trusts (REITs) and real estate-related entities located primarily in North America. The REIT team believes that public REITs are superior real estate investment vehicles due to the characteristics of liquidity, transparency and total return. Investing in public securities enhances the REIT team’s ability to diversify by geography, sector, strategy, property and tenant while maintaining portfolio liquidity. The REIT’s property types include apartments, regional malls, shopping centers, lodging, office, industrial, self-storage, data centers/cell towers and a variety of healthcare-related facilities. The REIT team focuses on traditional methods of security analysis; primarily the research, critical thinking and analytical depth that are an integral part of their investment process. The REIT team’s investment approach seeks to combine its experience in the real estate industry with traditional stock selection methods to make sound investment decisions in real estate companies. The Chilton REIT team manages separately managed accounts (SMAs) for high net worth individuals and institutions. In addition, the REIT team is the sub-advisor to an open-end investment company, West Loop Realty Fund (tickers: REIIX, REIAX and REICX). Before investing, you should carefully consider West Loop Realty Fund’s investment objectives, risks, fees and expenses. This and other information is contained in the prospectus and summary prospectus, a copy of which may be obtained by calling 800-207-7108. Please read the Fund’s prospectus or summary prospectus carefully before investing. The Fund may not be suitable for all investors. We encourage you to consult with appropriate financial professionals before considering an investment in the Fund. Liberty Street Advisors, Inc. is the adviser of the Fund. The fund is part of the Liberty Street Investment Managers Series Trust family of funds. The fund is distributed by Foreside Fund Services, LLC. Chilton Capital Management, LLC is an independently owned and operated firm established in 1996. Chilton provides investment advisory services to registered investment companies, private clients, family offices, endowments, foundations, retirement plans and trusts. For more information on Chilton Capital Management’s REIT team, please visit www.chiltoncapital.com/reit/ or email [email protected]. Additional information about Chilton Capital Management LLC is also available on the website of the United States Securities and Exchange Commission at www.adviserinfo.sec.gov. The searchable IARD/CRD number for Chilton Capital Management LLC is 104592.