497 1 fp0055754_497.htm

 

SEGALL BRYANT & HAMILL TRUST

 

Supplement dated July 23, 2020 to the

Statement of Additional Information (“SAI”) for the

Segall Bryant & Hamill Small Cap Value Dividend Fund,

Segall Bryant & Hamill Mid Cap Value Dividend Fund,

Segall Bryant & Hamill All Cap Fund,

Segall Bryant & Hamill Emerging Markets Fund,

Segall Bryant & Hamill International Small Cap Fund,

Segall Bryant & Hamill Global Large Cap Fund, and

Segall Bryant & Hamill Workplace Equality Fund

dated May 1, 2020, as supplemented

 

The information in this supplement contains new and additional information beyond that in the SAI and should be read in conjunction with the SAI.

 

The Board of Trustees (the “Board”) of the Segall Bryant & Hamill Trust (the “Trust”), based upon the recommendation of Segall Bryant & Hamill, LLC (the “Adviser”), the investment adviser to the Segall Bryant & Hamill Small Cap Value Dividend Fund (the “Small Cap Value Dividend Fund”), a series of the Trust, approved an Agreement and Plan of Reorganization pursuant to which the Small Cap Value Dividend Fund would be combined with and into the Segall Bryant & Hamill Small Cap Value Fund (the “Small Cap Value Fund”) (the “Reorganization”). The Reorganization is expected to occur on or about September 25, 2020. Following the Reorganization, all references to the Small Cap Value Dividend Fund in the SAI shall be deleted.

 

The Board also determined, based upon the recommendation of the Adviser, to close and liquidate the Segall Bryant & Hamill Mid Cap Value Dividend Fund (the “Mid Cap Value Dividend Fund”). The Board concluded that it would be in the best interests of the Mid Cap Value Dividend Fund and its shareholders that the Fund be closed and liquidated as a series of the Trust, with an effective date on or about September 25, 2020 (the “Liquidation Date”). Following the Liquidation Date, all references to the Mid Cap Value Dividend Fund in the SAI will be deleted.

 

The Board also approved a change in the name of the Segall Bryant & Hamill Global Large Cap Fund (the “Global Large Cap Fund”). Effective September 22, 2020, the Global Large Cap Fund will change its name to “Segall Bryant & Hamill Global All Cap Fund”. Effective with such change, all references to the Global Large Cap Fund in the SAI shall be replaced with Segall Bryant & Hamill Global All Cap Fund.

 

Also, effective  September 22, 2020, the information related to the Global Large Cap Fund contained in the “Portfolio Name History Chart” of the SAI is replaced with the following:

 

1 

 

Segall Bryant & Hamill Global All Cap Fund Westcore Global Large-Cap Dividend Fund was renamed Segall Bryant & Hamill Global Large Cap Fund on May 1, 2018.  Westcore Blue Chip Dividend Fund was renamed Westcore Global Large-Cap Dividend Fund on April 29, 2016.  Segall Bryant & Hamill Global Large Cap Fund was renamed the Segall Bryant & Hamill Global All Cap Fund on September 22, 2020.

 

In addition, the following changes will become effective July 23, 2020.

 

The Section titled “PORTFOLIO MANAGERS” is revised to replace the tables with information as of June 30, 2020, for the Small Cap Value Dividend Fund, Mid Cap Value Dividend Fund, Global Large Cap Fund and Workplace Equality Fund.

 

Small Cap Value Dividend Fund and Mid Cap Value Dividend Fund

  Segall
   
Registered Investment Companies  
Assets $0
# of Accounts 0
   
Performance Based Assets $0
# of Accounts 0
   
Other Pooled Accts  
Assets $0
# of Accounts 0
   
Performance Based Assets $0
# of Accounts 0
   
Other Accts  
Assets $1,722,316,233
# of Accounts 505
   
Performance Based Assets $0
# of Accounts 0
    
Grand Totals  
Assets $1,722,316,233
# of Accounts 505

 

2 

 

Please note that the Performance Based Assets and # of Accounts are a subset of the total amounts presented for that type of account.

 

Global Large Cap Fund

  Rajagopal Segall
     
Registered Investment Companies    
Assets $0 $0
# of Accounts 0 0
     
Performance Based Assets $0 $0
# of Accounts 0 0
     
Other Pooled Accts    
Assets $0 $0
# of Accounts 0 0
     
Performance Based Assets $0 $0
# of Accounts 0 0
     
Other Accts    
Assets $10,671,955 $1,722,316,233
# of Accounts 11 505
     
Performance Based Assets $0 $0
# of Accounts 0 0
      
Grand Totals    
Assets $10,671,955 $1,722,316,233
# of Accounts 11 505

 

3 

 

Please note that the Performance Based Assets and # of Accounts are a subset of the total amounts presented for that type of account.

 

WORKPLACE EQUALITY FUND
  Rajagopal Barritt Roberts
       
Registered Investment Companies      
Assets $0 $0 $0
# of Accounts 0 0 0
       
Performance Based Assets $0 $0 $0
# of Accounts 0 0 0
       
Other Pooled Accts      
Assets $0 $0 $0
# of Accounts 0 0 0
       
Performance Based Assets $0 $0 $0
# of Accounts 0 0 0
       
Other Accts      
Assets $10,671,955 $0 $308,099,228
# of Accounts 11 0 219
       
Performance Based Assets $0 $0 $0
# of Accounts 0 0 0
        
Grand Totals      
Assets $10,671,955 $0 $308,099,228
# of Accounts 11 0 219

 

Please note that the Performance Based Assets and # of Accounts are a subset of the total amounts presented for that type of account.

 

The section titled “Ownership of Securities” is revised to add the following information with respect to Messrs. Barritt, Rajagopal and Segall:

 

Portfolio Manager Fund Ownership Range as of June 30, 2020
William J. Barritt Segall Bryant & Hamill Workplace Equality Fund None
Suresh Rajagopal Segall Bryant & Hamill Small Cap Value Dividend Fund None
  Segall Bryant & Hamill Global Large Cap Fund None
  Segall Bryant & Hamill Workplace Equality Fund None
Ralph Segall Segall Bryant & Hamill Mid Cap Value Dividend Fund None
  Segall Bryant & Hamill Global Large Cap Fund None

 

All references to Mark M. Adelmann, Derek R. Anguilm, Alex A. Ruehle, and Robbie A. Steiner in the SAI are deleted.

 

The Section titled “PORTFOLIO MANAGERS” is revised to include the tables with information as of December 31, 2019, for the All Cap Fund, Emerging Markets Fund and the International Small Cap Fund that had been inadvertently omitted as follows:

 

Please note that the Performance Based Assets and # of Accounts are a subset of the total amounts presented for that type of account.

 

4 

 

All Cap Fund

  Segall Rajagopal
     
Registered Investment Companies    
Assets $0 $0
# of Accounts 0 0
     
Performance Based Assets $0 $0
# of Accounts 0 0
     
Other Pooled Accts    
Assets $0 $0
# of Accounts 0 0
     
Performance Based Assets $0 $0
# of Accounts 0 0
     
Other Accts    
Assets $1,941,971,903 $9,999,027
# of Accounts 529 8
     
Performance Based Assets $0 $0
# of Accounts 0 0
      
Grand Totals    
Assets $1,941,971,903 $9,999,027
# of Accounts 529 8

 

Please note that the Performance Based Assets and # of Accounts are a subset of the total amounts presented for that type of account.

 

Emerging Markets Fund and International Small Cap Fund

  Decatur Fedako
     
Registered Investment Companies    
Assets $0 $0
# of Accounts 0 0
     
Performance Based Assets $0 $0
# of Accounts 0 0
     
Other Pooled Accts    
Assets $1,334,326,897 $1,334,326,897
# of Accounts 4 4
     
Performance Based Assets $134,226,824 $134,226,824
# of Accounts 1 1
     
Other Accts    
Assets $69,406,844 $69,406,844
# of Accounts 3 3
     
Performance Based Assets $0 $0
# of Accounts 0 0
      
Grand Totals    
Assets $1,403,733,741 $1,403,733,741
# of Accounts 7 7

 

For more information or to obtain a copy of the Prospectus, Summary Prospectus, or the SAI, free of charge, please contact the Fund at (800) 392-2673.

 

Please retain this supplement with your Prospectus and
Statement of Additional Information.

5