Employee Benefit Collective Funds

Employee Benefit Collective Funds (EB Funds) are designed for investment by employee benefit trusts and plans, and, subject to prior approval, for financial institutions and registered investment advisors acting as trustee, investment manager, custodian, or agent for one or more employee benefit trusts and plans.

EB Funds are a convenient means of participating in professionally managed, diversified portfolios, as more fully described in the trust agreements found on this page.

Why Invest in the Employee Benefit Collective Funds

• Victory and its affiliates have nearly 40 years experience with Collective Trust Funds
• Competitive pricing with multiple synthetic NAVs for each fund
• Trading via the NSCC through FundSERV (since 2003)
• Funds are priced daily
• EB Funds are available on numerous retirement plan programs

Employee Benefit Funds Available

• EB Convertible Securities
• EB Diversified Stock
• EB Equity Index
• EB Fixed Income
• EB International Large Cap Fund
• EB International Small and Mid Cap
• EB International Small Cap
• EB Large Cap Growth Fund
• EB MaGIC®
• EB Mid Cap Core
• EB Mid Cap Value
• EB Money Market
• EB Small Cap Value
• EB Large Cap Value
• EB Value Equity

Employee Benefit Fund Trust Agreements

• EB MaGIC Fund [PDF]
• Multiple Investment Trust for Employee Benefit Trusts [PDF]
• First Amendment to 2009 Restatement of KeyBank MIT [PDF]

Employee Benefit Fund Annual Reports

• EB MaGIC Fund Annual Report [PDF]
• Multiple Investment Trust for Employee Benefit Trusts Annual Report [PDF]

The EB LargeCap Value fund was recently established. The fund is managed in Victory's DeepValue style, the same as the Victory Value mutual fund, and is benchmarked tothe Russell 1000® Value. Victory's existing EB Large Cap Value fund has beenrenamed EB Value Equity. The fund is managed in Victory's Intrinsic Value styleand is benchmarked to the S&P 500. The fund will continue to be managed asit has historically.

See the applicable trust fund agreement and fund fact sheet for more specific information regarding the funds.

KeyBank, N.A. is the Trustee of the EB Funds. The Funds are advised by Victory Capital Management Inc., a member of the Key Financial Network. The EB MaGIC® Fund is sub-advised by BNY Mellon Stable Value of BNY Mellon Cash Investment Strategies, a division of Dreyfus Corporation. All advisors receive a fee for their services.