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 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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September 2019 Market Commentary

October 4, 2019—Market action in September mimicked much of what we’d already seen throughout the year, and for the same reasons, too. After approaching the month as cautiously observant, stocks were rocky on the first day of trading as promised trade talks between the U.S. and China were delayed.

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Stadion Trilogy Alternative Return Fund Commentary August 2019

August was an interesting month for global markets as the ongoing trade war with China continues to burden equity markets. Fixed Income, especially U.S. treasuries, rallied most likely as the result of two things: they are considered "safe haven" assets and were further buoyed by the Federal Open Market Committee starting to lower rates in the face of ongoing fears of recession.

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Stadion Tactical Defensive Fund Commentary August 2019

September 13, 2019-In addition to the volatility caused by deteriorating trade talks, the yield curve between the U.S. 2-Year and 10-Year Treasury Note inverted during August and this has been traditionally taken as a warning sign for future market conditions.

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