Sales Charge / Break Points & 12B-1 Fees

Sales Charge / Break Points

KEELEY funds charge an up-front sales load starting at 4.50%. The table below shows how the sales charge varies with the amount of your purchase :

Sales Charge as a Percentage of Dealer Reallowance as a Percentage of Offering Price
Single Transaction Amount Offering
Price
Net
Amount
Invested
Less than $50,000 4.50% 4.71% 4.00%
$50,000 - less than $100,000 4.00% 4.17% 3.50%
$100,000 - less than $250,000 3.00% 3.09% 2.50%
$250,000 - less than $500,000 2.50% 2.56% 2.00%
$500,000 and over 1.00% 1.01% 0.50%

12B-1 Fees

The Funds have adopted a plan under Rule 12b-1 that allows the Funds to pay distribution and other fees for the sale and distribution of its shares and for services provided to shareholders. Under this Plan, the fee is 0.25% per year of each Fund’s average net assets (calculated on a daily basis). Because these fees are paid out of the Funds’ assets on an ongoing basis, over time these fees will increase the cost of your investment and may cost you more than paying other types of sales charges.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 888-933-5391 or visit keeleyfunds.com.