Company Press Release

UMB Fund Services, Inc. (UMBFS) announced that it has been selected to provide services to Vericimetry Funds’ initial mutual fund, the Vericimetry U.S. Small Cap Value Fund

UMBFS will provide accounting, administration, transfer agency, statutory distribution and fulfillment services for the fund. In addition, custody services will be provided by UMBFS’ affiliate, UMB Bank, n.a.

“As we conducted our search for a service provider, the compelling factor that drew us to UMB was their experience helping emerging managers with their fund launches,” said Carlos Elizondo, chief operating officer for Vericimetry Advisors, the SEC-registered investment adviser to the Vericimetry Funds. “Not only was UMB able to guide us through the process, but we connected well with their people. We especially appreciated having direct access to their service-line leaders and senior executives.”

Headquartered in Los Angeles, Vericimetry Advisors was founded in 2011 by a core group of seasoned investment management professionals. Its chief executive officer, Dr. Glenn Freed, is an academic with demonstrated experience in the financial services industry. As a former executive with Dimensional Fund Advisors, he delivered customized quantitative investment solutions to both the financial advisory and the institutional markets for much of the prior decade.

“In forming Vericimetry, we sought to forge new ground into quantitatively structured investment strategies,” said Dr. Freed. “We assembled a team with extensive money management experience and rooted in academia, whose collective educational and collaborative approach serves an exclusive group of elite financial advisors. Our first strategy seeks to deliver the small cap and value equity risk premiums. As we continue to introduce new strategies, UMB Fund Services is well-equipped to be a partner we can grow with into the future.”

“We’re pleased that Vericimetry has chosen UMBFS as its service provider,” said John Zader, chief executive officer of UMBFS. “Our capabilities and expertise will be an excellent fit with their needs, and we look forward to partnering with them as they seek to build assets and grow their business.”

About UMB Fund Services

UMB Fund Services, headquartered in Milwaukee, Wis., offers a complete line of products and services to the fund industry, including administration and fund accounting, investor services and transfer agency, marketing and distribution; custody services through UMB Bank, n.a.; alternative investment services through JD Clark & Co.; and managed account services. It currently serves approximately 200 clients with combined assets of more than $200 billion. For the past two years, the company has been named one of the top 10 midsize employers in southeastern Wisconsin by the Milwaukee Journal Sentinel. UMB Financial Corporation (NASDAQ: UMBF), the parent company of UMBFS, is a financial services holding company with more than $13.5 billion in banking assets, headquartered in Kansas City, Mo.

About Vericimetry Advisors LLC

Vericimetry Advisors LLC is an academically based, quantitatively structured investment adviser providing capacity-constrained asset class strategies to an exclusive group of elite financial advisors. Its employee-owners have deep backgrounds in investment management, trading, research and operations. Based in Los Angeles, the firm is the investment adviser to the Vericimetry Funds family, currently comprised of its inaugural fund, the Vericimetry U.S. Small Cap Value Fund.