0001580642-18-000193.txt : 20180111 0001580642-18-000193.hdr.sgml : 20180111 20180111144302 ACCESSION NUMBER: 0001580642-18-000193 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 13 FILED AS OF DATE: 20180111 DATE AS OF CHANGE: 20180111 EFFECTIVENESS DATE: 20180111 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SARATOGA ADVANTAGE TRUST CENTRAL INDEX KEY: 0000924628 IRS NUMBER: 137044280 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-79708 FILM NUMBER: 18523470 BUSINESS ADDRESS: STREET 1: 1616 N LITCHFIELD RD. STREET 2: SUITE 165 CITY: GOODYEAR STATE: AZ ZIP: 85395 BUSINESS PHONE: 623-266-4567 MAIL ADDRESS: STREET 1: 1616 N LITCHFIELD RD. STREET 2: SUITE 165 CITY: GOODYEAR STATE: AZ ZIP: 85395 0000924628 S000010887 Investment Quality Bond Portfolio C000030163 Investment Quality Bond Portfolio Class A SQBAX C000030164 Investment Quality Bond Portfolio Class I SIBPX C000030166 Investment Quality Bond Portfolio Class C SQBCX 497 1 iqb497xbrl.htm 497

SARATOGA ADVANTAGE TRUST

 

Investment Quality Bond Portfolio

 

 

Class I   SIBPX
Class A   SQBAX
Class C     SQBCX

 

 

 

 

Incorporated herein by reference is the definitive version of the Prospectus supplements for the Saratoga Investment Quality Bond Portfolio filed pursuant to Rule 497 (c) under the Securities Act of 1933, as amended, on December 29, 2017 (SEC Accession No. 0001580642-17-006845).

 

 

 

 

 

 

 

 

EX-101.INS 2 sat-20171229.xml XBRL INSTANCE FILE 0000924628 2017-12-29 2017-12-29 0000924628 sat:S000010887Member 2017-12-29 2017-12-29 iso4217:USD 497 2017-08-31 SARATOGA ADVANTAGE TRUST 0000924628 false sat 2017-12-29 2017-12-29 2017-12-29 <p style="margin: 0px; font-size: 14pt"><b>Investment Quality Bond Portfolio</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>THE SARATOGA ADVANTAGE TRUST</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Investment Quality Bond Portfolio</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <table cellspacing="0" cellpadding="0" align="center" style="width: 35%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="font: 12pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 11pt"><b>Class A Shares</b></font></td> <td style="font: 12pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 11pt"><b>(Ticker: SQBAX)</b></font></td></tr> </table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Supplement dated December 29, 2017 to the Prospectus<br /> dated December 29, 2017 (the &#8220;Prospectus&#8221;)</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>of the Saratoga Advantage Trust </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><b>This Supplement updates and supersedes any contrary information contained in the Prospectus and any supplements thereto with respect to the Saratoga Investment Quality Bond Portfolio (the &#8220;Portfolio&#8221;). </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Board of Trustees of The Saratoga Advantage Trust approved changes to the Portfolio&#8217;s 80% investment policy. The change, which is described below, will become effective on or about March 5, 2018 (the &#8220;Effective Date&#8221;).</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Changes to the Portfolio&#8217;s Principal Investment Strategies</i></b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On the Effective Date, the following non-fundamental investment policy will be eliminated:</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">The Portfolio will normally invest at least 80% of its total assets in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by the Adviser to be of comparable quality.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Accordingly, on the Effective Date, the Portfolio&#8217;s new policy will be:</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">The Portfolio will normally invest at least 80% of its total assets in Underlying Funds which invest in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by an Underlying Fund&#8217;s adviser to of comparable quality.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><b>Please retain this supplement for future reference.</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>THE SARATOGA ADVANTAGE TRUST</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Investment Quality Bond Portfolio</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <table cellspacing="0" cellpadding="0" align="center" style="width: 35%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="font: 12pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 11pt"><b>Class C Shares</b></font></td> <td style="font: 12pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 11pt"><b>(Ticker: SQBCX )</b></font></td></tr> </table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Supplement dated December 29, 2017 to the Prospectus<br /> dated December 29, 2017 (the &#8220;Prospectus&#8221;)</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>of the Saratoga Advantage Trust </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><b>This Supplement updates and supersedes any contrary information contained in the Prospectus and any supplements thereto with respect to the Saratoga Investment Quality Bond Portfolio (the &#8220;Portfolio&#8221;). </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Board of Trustees of The Saratoga Advantage Trust approved changes to the Portfolio&#8217;s 80% investment policy. The change, which is described below, will become effective on or about March 5, 2018 (the &#8220;Effective Date&#8221;).</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Changes to the Portfolio&#8217;s Principal Investment Strategies</i></b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On the Effective Date, the following non-fundamental investment policy will be eliminated:</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">The Portfolio will normally invest at least 80% of its total assets in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by the Adviser to be of comparable quality.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Accordingly, on the Effective Date, the Portfolio&#8217;s new policy will be:</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">The Portfolio will normally invest at least 80% of its total assets in Underlying Funds which invest in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by an Underlying Fund&#8217;s adviser to of comparable quality.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><b>Please retain this supplement for future reference.</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>THE SARATOGA ADVANTAGE TRUST</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Investment Quality Bond Portfolio</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <table cellspacing="0" cellpadding="0" align="center" style="width: 35%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="font: 12pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 11pt"><b>Class I Shares</b></font></td> <td style="font: 12pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 11pt"><b>(Ticker: SIBPX )</b></font></td></tr> </table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Supplement dated December 29, 2017 to the Prospectus<br /> dated December 29, 2017 (the &#8220;Prospectus&#8221;)</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>of the Saratoga Advantage Trust </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><b>This Supplement updates and supersedes any contrary information contained in the Prospectus and any supplements thereto with respect to the Saratoga Investment Quality Bond Portfolio (the &#8220;Portfolio&#8221;). </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Board of Trustees of The Saratoga Advantage Trust approved changes to the Portfolio&#8217;s 80% investment policy. The change, which is described below, will become effective on or about March 5, 2018 (the &#8220;Effective Date&#8221;).</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Changes to the Portfolio&#8217;s Principal Investment Strategies</i></b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On the Effective Date, the following non-fundamental investment policy will be eliminated:</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">The Portfolio will normally invest at least 80% of its total assets in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by the Adviser to be of comparable quality.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Accordingly, on the Effective Date, the Portfolio&#8217;s new policy will be:</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">The Portfolio will normally invest at least 80% of its total assets in Underlying Funds which invest in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by an Underlying Fund&#8217;s adviser to of comparable quality.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><b>Please retain this supplement for future reference.</b></p> EX-101.SCH 3 sat-20171229.xsd XBRL SCHEMA FILE 00000004 - Document - Risk/Return Summary {Unlabeled} link:presentationLink link:calculationLink link:definitionLink 00000005 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 00000006 - Schedule - Annual Fund Operating Expenses link:presentationLink link:calculationLink link:definitionLink 00000007 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 00000008 - Schedule - Expense Example, No Redemption {Transposed} link:presentationLink link:calculationLink link:definitionLink 00000009 - Schedule - Annual Total Returns link:presentationLink link:calculationLink link:definitionLink 00000010 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 00000011 - Document - Risk/Return Detail {Unlabeled} link:presentationLink link:calculationLink link:definitionLink EX-101.DEF 4 sat-20171229_def.xml XBRL DEFINITION FILE EX-101.LAB 5 sat-20171229_lab.xml XBRL LABEL FILE Legal Entity [Axis] Investment Quality Bond Portfolio Prospectus: [Table] Prospectus [Line Items] Document Type Document Period End Date Registrant Name Central Index Key Amendment Flag Amendment Description Trading Symbol Document Creation Date Document Effective Date Prospectus Date Risk/Return [Heading] Supplement [Text Block] Objective [Heading] Objective, Primary [Text Block] Objective, Secondary [Text Block] Expense [Heading] Expense Narrative [Text Block] Shareholder Fees Caption [Text] Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses Caption [Text] Operating Expenses Column [Text] Management Fees (as a percentage of Assets) Distribution and Service (12b-1) Fees Distribution or Similar (Non 12b-1) Fees Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Other Expenses (as a percentage of Assets): Acquired Fund Fees and Expenses Expenses (as a percentage of Assets) Fee Waiver or Reimbursement Net Expenses (as a percentage of Assets) Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Portfolio Turnover, Rate Expense Footnotes [Text Block] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expense Breakpoint Discounts [Text] Expense Breakpoint, Minimum Investment Required [Amount] Expense Exchange Traded Fund Commissions [Text] Expenses Represent Both Master and Feeder [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Expense Example [Heading] Expense Example by Year [Heading] Expense Example Narrative [Text Block] Expense Example by, Year, Caption [Text] Expense Example, with Redemption, 1 Year Expense Example, with Redemption, 3 Years Expense Example, with Redemption, 5 Years Expense Example, with Redemption, 10 Years Expense Example, No Redemption Narrative [Text Block] Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption, 1 Year Expense Example, No Redemption, 3 Years Expense Example, No Redemption, 5 Years Expense Example, No Redemption, 10 Years Expense Example Footnotes [Text Block] Expense Example Closing [Text Block] Strategy [Heading] Strategy Narrative [Text Block] Strategy Portfolio Concentration [Text] Risk [Heading] Risk Narrative [Text Block] Risk Footnotes [Text Block] Risk Closing [Text Block] Risk Lose Money [Text] Risk Nondiversified Status [Text] Risk Money Market Fund [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Column [Text] Risk [Text] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Performance Availability Phone [Text] Performance Availability Website Address [Text] Performance Past Does Not Indicate Future [Text] Bar Chart [Heading] Bar Chart Narrative [Text Block] Bar Chart Does Not Reflect Sales Loads [Text] Annual Return Caption [Text] Annual Return, Column [Text] Annual Return, Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Annual Return 2003 Annual Return 2004 Annual Return 2005 Annual Return 2006 Annual Return 2007 Annual Return 2008 Annual Return 2009 Annual Return 2010 Annual Return 2011 Annual Return 2012 Annual Return 2013 Annual Return 2014 Annual Return 2015 Annual Return 2016 Annual Return 2017 Annual Return 2018 Annual Return 2019 Annual Return 2020 Bar Chart Footnotes [Text Block] Bar Chart Closing [Text Block] Bar Chart, Reason Selected Class Different from Immediately Preceding Period [Text] Bar Chart, Returns for Class Not Offered in Prospectus [Text] Year to Date Return, Label Bar Chart, Year to Date Return, Date Bar Chart, Year to Date Return Highest Quarterly Return, Label Highest Quarterly Return, Date Highest Quarterly Return Lowest Quarterly Return, Label Lowest Quarterly Return, Date Lowest Quarterly Return Performance Table Heading Performance Table Does Reflect Sales Loads Performance Table Market Index Changed Index No Deduction for Fees, Expenses, Taxes [Text] Performance Table Uses Highest Federal Rate Performance Table Not Relevant to Tax Deferred Performance Table One Class of after Tax Shown [Text] Performance Table Explanation after Tax Higher Performance Table Narrative Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period [Text] Performance Table Footnotes Performance Table Closing [Text Block] Caption Column Label 1 Year 5 Years 10 Years Since Inception Inception Date Money Market Seven Day Yield, Caption [Text] Money Market Seven Day Yield Column [Text] Money Market Seven Day Yield Phone Money Market Seven Day Yield Money Market Seven Day Tax Equivalent Yield Thirty Day Yield Caption Thirty Day Yield Column [Text] Thirty Day Yield Phone Thirty Day Yield Thirty Day Tax Equivalent Yield Shareholder Fees [Table] Annual Fund Operating Expenses [Table] Expense Example, With Redemption [Table] Expense Example, No Redemption [Table] Bar Chart [Table] Performance [Table] Market Index Performance [Table] Shareholder Fees: Nnual Fund Operating Expenses Expense Example: Expense Example, By Year, Column [Text] Expense Example, No Redemption: Expense Example, No Redemption, By Year, Column [Text] Bar Chart Table: Average Annual Return: Risk/Return: Risk/Return Detail [Table] Investment Quality Bond Portfolio. Supplement Text Block EX-101.PRE 6 sat-20171229_pre.xml XBRL PRESENTATION FILE XML 7 R1.htm IDEA: XBRL DOCUMENT v3.8.0.1
Dec. 29, 2017
Investment Quality Bond Portfolio

Investment Quality Bond Portfolio

THE SARATOGA ADVANTAGE TRUST

 

Investment Quality Bond Portfolio

 

Class A Shares (Ticker: SQBAX)

 

Supplement dated December 29, 2017 to the Prospectus
dated December 29, 2017 (the “Prospectus”)

of the Saratoga Advantage Trust

 

 

IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY

 

This Supplement updates and supersedes any contrary information contained in the Prospectus and any supplements thereto with respect to the Saratoga Investment Quality Bond Portfolio (the “Portfolio”).

The Board of Trustees of The Saratoga Advantage Trust approved changes to the Portfolio’s 80% investment policy. The change, which is described below, will become effective on or about March 5, 2018 (the “Effective Date”).

 

Changes to the Portfolio’s Principal Investment Strategies

 

On the Effective Date, the following non-fundamental investment policy will be eliminated:

 

The Portfolio will normally invest at least 80% of its total assets in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by the Adviser to be of comparable quality.

 

Accordingly, on the Effective Date, the Portfolio’s new policy will be:

 

The Portfolio will normally invest at least 80% of its total assets in Underlying Funds which invest in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by an Underlying Fund’s adviser to of comparable quality.

 

 

Please retain this supplement for future reference.

 

THE SARATOGA ADVANTAGE TRUST

 

Investment Quality Bond Portfolio

 

Class C Shares (Ticker: SQBCX )

 

Supplement dated December 29, 2017 to the Prospectus
dated December 29, 2017 (the “Prospectus”)

of the Saratoga Advantage Trust

 

 

IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY

 

This Supplement updates and supersedes any contrary information contained in the Prospectus and any supplements thereto with respect to the Saratoga Investment Quality Bond Portfolio (the “Portfolio”).

The Board of Trustees of The Saratoga Advantage Trust approved changes to the Portfolio’s 80% investment policy. The change, which is described below, will become effective on or about March 5, 2018 (the “Effective Date”).

 

Changes to the Portfolio’s Principal Investment Strategies

 

On the Effective Date, the following non-fundamental investment policy will be eliminated:

 

The Portfolio will normally invest at least 80% of its total assets in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by the Adviser to be of comparable quality.

 

Accordingly, on the Effective Date, the Portfolio’s new policy will be:

 

The Portfolio will normally invest at least 80% of its total assets in Underlying Funds which invest in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by an Underlying Fund’s adviser to of comparable quality.

 

Please retain this supplement for future reference.

 

THE SARATOGA ADVANTAGE TRUST

 

Investment Quality Bond Portfolio

 

Class I Shares (Ticker: SIBPX )

 

Supplement dated December 29, 2017 to the Prospectus
dated December 29, 2017 (the “Prospectus”)

of the Saratoga Advantage Trust

 

 

IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY

 

This Supplement updates and supersedes any contrary information contained in the Prospectus and any supplements thereto with respect to the Saratoga Investment Quality Bond Portfolio (the “Portfolio”).

The Board of Trustees of The Saratoga Advantage Trust approved changes to the Portfolio’s 80% investment policy. The change, which is described below, will become effective on or about March 5, 2018 (the “Effective Date”).

 

Changes to the Portfolio’s Principal Investment Strategies

 

On the Effective Date, the following non-fundamental investment policy will be eliminated:

 

The Portfolio will normally invest at least 80% of its total assets in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by the Adviser to be of comparable quality.

 

Accordingly, on the Effective Date, the Portfolio’s new policy will be:

 

The Portfolio will normally invest at least 80% of its total assets in Underlying Funds which invest in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by an Underlying Fund’s adviser to of comparable quality.

 

 

Please retain this supplement for future reference.

XML 8 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Prospectus [Line Items] rr_ProspectusLineItems  
Document Type dei_DocumentType 497
Document Period End Date dei_DocumentPeriodEndDate Aug. 31, 2017
Registrant Name dei_EntityRegistrantName SARATOGA ADVANTAGE TRUST
Central Index Key dei_EntityCentralIndexKey 0000924628
Amendment Flag dei_AmendmentFlag false
Trading Symbol dei_TradingSymbol sat
Document Creation Date dei_DocumentCreationDate Dec. 29, 2017
Document Effective Date dei_DocumentEffectiveDate Dec. 29, 2017
Prospectus Date rr_ProspectusDate Dec. 29, 2017
Investment Quality Bond Portfolio  
Prospectus [Line Items] rr_ProspectusLineItems  
Risk/Return [Heading] rr_RiskReturnHeading

Investment Quality Bond Portfolio

Supplement [Text Block] sat_SupplementTextBlock

THE SARATOGA ADVANTAGE TRUST

 

Investment Quality Bond Portfolio

 

Class A Shares (Ticker: SQBAX)

 

Supplement dated December 29, 2017 to the Prospectus
dated December 29, 2017 (the “Prospectus”)

of the Saratoga Advantage Trust

 

 

IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY

 

This Supplement updates and supersedes any contrary information contained in the Prospectus and any supplements thereto with respect to the Saratoga Investment Quality Bond Portfolio (the “Portfolio”).

The Board of Trustees of The Saratoga Advantage Trust approved changes to the Portfolio’s 80% investment policy. The change, which is described below, will become effective on or about March 5, 2018 (the “Effective Date”).

 

Changes to the Portfolio’s Principal Investment Strategies

 

On the Effective Date, the following non-fundamental investment policy will be eliminated:

 

The Portfolio will normally invest at least 80% of its total assets in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by the Adviser to be of comparable quality.

 

Accordingly, on the Effective Date, the Portfolio’s new policy will be:

 

The Portfolio will normally invest at least 80% of its total assets in Underlying Funds which invest in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by an Underlying Fund’s adviser to of comparable quality.

 

 

Please retain this supplement for future reference.

 

THE SARATOGA ADVANTAGE TRUST

 

Investment Quality Bond Portfolio

 

Class C Shares (Ticker: SQBCX )

 

Supplement dated December 29, 2017 to the Prospectus
dated December 29, 2017 (the “Prospectus”)

of the Saratoga Advantage Trust

 

 

IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY

 

This Supplement updates and supersedes any contrary information contained in the Prospectus and any supplements thereto with respect to the Saratoga Investment Quality Bond Portfolio (the “Portfolio”).

The Board of Trustees of The Saratoga Advantage Trust approved changes to the Portfolio’s 80% investment policy. The change, which is described below, will become effective on or about March 5, 2018 (the “Effective Date”).

 

Changes to the Portfolio’s Principal Investment Strategies

 

On the Effective Date, the following non-fundamental investment policy will be eliminated:

 

The Portfolio will normally invest at least 80% of its total assets in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by the Adviser to be of comparable quality.

 

Accordingly, on the Effective Date, the Portfolio’s new policy will be:

 

The Portfolio will normally invest at least 80% of its total assets in Underlying Funds which invest in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by an Underlying Fund’s adviser to of comparable quality.

 

Please retain this supplement for future reference.

 

THE SARATOGA ADVANTAGE TRUST

 

Investment Quality Bond Portfolio

 

Class I Shares (Ticker: SIBPX )

 

Supplement dated December 29, 2017 to the Prospectus
dated December 29, 2017 (the “Prospectus”)

of the Saratoga Advantage Trust

 

 

IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY

 

This Supplement updates and supersedes any contrary information contained in the Prospectus and any supplements thereto with respect to the Saratoga Investment Quality Bond Portfolio (the “Portfolio”).

The Board of Trustees of The Saratoga Advantage Trust approved changes to the Portfolio’s 80% investment policy. The change, which is described below, will become effective on or about March 5, 2018 (the “Effective Date”).

 

Changes to the Portfolio’s Principal Investment Strategies

 

On the Effective Date, the following non-fundamental investment policy will be eliminated:

 

The Portfolio will normally invest at least 80% of its total assets in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by the Adviser to be of comparable quality.

 

Accordingly, on the Effective Date, the Portfolio’s new policy will be:

 

The Portfolio will normally invest at least 80% of its total assets in Underlying Funds which invest in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by an Underlying Fund’s adviser to of comparable quality.

 

 

Please retain this supplement for future reference.

EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 13 FilingSummary.xml IDEA: XBRL DOCUMENT 3.8.0.1 html 2 11 1 false 1 0 false 1 false false R1.htm 00000004 - Document - Risk/Return Summary {Unlabeled} Sheet http://saratogacap.com/role/RiskReturn Risk/Return Summary 1 false false R2.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data 2 false false All Reports Book All Reports sat-20171229.xml sat-20171229.xsd sat-20171229_def.xml sat-20171229_lab.xml sat-20171229_pre.xml http://xbrl.sec.gov/rr/2012-01-31 http://xbrl.sec.gov/dei/2012-01-31 true false ZIP 15 0001580642-18-000193-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001580642-18-000193-xbrl.zip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end