An investor should consider the investment objectives, risks, and charges and expenses of the Stadion Funds carefully before investing. The prospectus contains this and other information about the Funds. A copy of the prospectus is available by calling Stadion Funds directly at (866) 383-7636 or Stadion Money Management, LLC., the investment advisor, at (800) 222-7636. The prospectus should be read carefully before investing.

The Stadion Funds are distributed by ALPS Distributors, Inc. An investment in the Funds involves risk, including loss of principal.

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Stadion Tactical Defensive Fund Commentary October 2019

Markets rallied to all-time highs in October on optimism from a potential U.S.-China trade deal that could be done as early as November. Also boosting the market was an unexpected rise in consumer sentiment, which the Federal Reserve has stated as being one of the most important statistics driving market fundamentals.

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Stadion Tactical Growth Fund Commentary September 2019

October 14, 2019—Our allocation at the end of August was moderately aggressive at 72.5% Equities [57.5% U.S. &15% International], 15% Fixed Income, 5% Gold, and 7.5% Money Market. We made no changes during September and have ended the third quarter at the above allocations.

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