v3.25.2
Performance Management
Mar. 31, 2025
Optimum Large Cap Growth Fund  
Bar Chart and Performance Table How has Optimum Large Cap Growth Fund performed?
Performance Narrative

The bar chart and table below provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year and the table shows how the Fund's average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance and an additional index with characteristics relevant to the Fund. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The returns reflect any expense caps in effect during these periods. The returns would


3



Fund summaries

be lower without the expense caps. Applicable sales charges are reflected in the average annual return table below. You may obtain the Fund’s most recently available month-end performance by calling 800 914-0278 or by visiting our website at optimummutualfunds.com/performance.

Performance Information Illustrates Variability of Returns The bar chart and table below provide some indication of the risks of investing in the Fund. <span style="-sec-ix-redline:true">The bar chart shows</span> changes in the <span style="-sec-ix-redline:true">Fund's</span> performance from year to year and <span style="-sec-ix-redline:true">the table shows</span> how the <span style="-sec-ix-redline:true">Fund's</span> average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance and an additional index with characteristics relevant to the Fund.
Performance Past Does Not Indicate Future The Fund’s past performance (before and after taxes) is not necessarily an indication of how <span style="-sec-ix-redline:true">the Fund</span> will perform in the future.
Performance Availability Phone 800 914-0278
Performance Availability Website Address optimummutualfunds.com/performance
Performance Table One Class of after Tax Shown After-tax performance is presented only for Institutional Class shares of the Fund.
Performance Table Not Relevant to Tax Deferred After-tax returns are not relevant for shares held in tax-advantaged investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs).
Performance Table Uses Highest Federal Rate The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.
Optimum Large Cap Value Fund  
Bar Chart and Performance Table How has Optimum Large Cap Value Fund performed?
Performance Narrative

The bar chart and table below provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year and the table shows how the Fund's average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance and an additional index with characteristics relevant to the Fund. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The returns reflect any expense caps in effect during these periods. The returns would be lower without the expense caps. Applicable sales charges are reflected in the average annual return table below. You may obtain the Fund’s most recently available month-end performance by calling 800 914-0278 or by visiting our website at optimummutualfunds.com/performance.

Performance Information Illustrates Variability of Returns The bar chart and table below provide some indication of the risks of investing in the Fund. <span style="-sec-ix-redline:true">The bar chart shows</span> changes in the <span style="-sec-ix-redline:true">Fund's</span> performance from year to year and <span style="-sec-ix-redline:true">the table shows</span> how the <span style="-sec-ix-redline:true">Fund's</span> average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance and an additional index with characteristics relevant to the Fund.
Performance Past Does Not Indicate Future The Fund’s past performance (before and after taxes) is not necessarily an indication of how <span style="-sec-ix-redline:true">the Fund</span> will perform in the future.
Performance Availability Phone 800 914-0278
Performance Availability Website Address optimummutualfunds.com/performance
Performance Table One Class of after Tax Shown After-tax performance is presented only for Institutional Class shares of the Fund.
Performance Table Not Relevant to Tax Deferred After-tax returns are not relevant for shares held in tax-advantaged investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs).
Performance Table Uses Highest Federal Rate The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.
Optimum Small-Mid Cap Growth Fund  
Bar Chart and Performance Table How has Optimum Small-Mid Cap Growth Fund performed?
Performance Narrative

The bar chart and table below provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year and the table shows how the Fund's average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance and an additional index with characteristics relevant to the Fund. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The returns reflect any expense caps in effect during these periods. The returns would be lower without the expense caps. Applicable sales charges are reflected in the average annual return table below. You may obtain the Fund’s most recently available month-end performance by calling 800 914-0278 or by visiting our website at optimummutualfunds.com/performance.

Performance Information Illustrates Variability of Returns The bar chart and table below provide some indication of the risks of investing in the Fund. <span style="-sec-ix-redline:true">The bar chart shows</span> changes in the <span style="-sec-ix-redline:true">Fund's</span> performance from year to year and <span style="-sec-ix-redline:true">the table shows</span> how the <span style="-sec-ix-redline:true">Fund's</span> average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance and an additional index with characteristics relevant to the Fund.
Performance Past Does Not Indicate Future The Fund’s past performance (before and after taxes) is not necessarily an indication of how <span style="-sec-ix-redline:true">the Fund</span> will perform in the future.
Performance Availability Phone 800 914-0278
Performance Availability Website Address optimummutualfunds.com/performance
Performance Table One Class of after Tax Shown After-tax performance is presented only for Institutional Class shares of the Fund.
Performance Table Not Relevant to Tax Deferred After-tax returns are not relevant for shares held in tax-advantaged investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs).
Performance Table Uses Highest Federal Rate The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.
Optimum Small-Mid Cap Value Fund  
Bar Chart and Performance Table How has Optimum Small-Mid Cap Value Fund performed?
Performance Narrative

The bar chart and table below provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year and the table shows how the Fund's average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance and an additional index with characteristics relevant to the Fund. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The returns reflect any expense caps in effect during these periods. The returns would be lower without the expense caps. Applicable sales charges are reflected in the average annual return table below. You may obtain the Fund’s most recently available month-end performance by calling 800 914-0278 or by visiting our website at optimummutualfunds.com/performance.

Performance Information Illustrates Variability of Returns The bar chart and table below provide some indication of the risks of investing in the Fund. <span style="-sec-ix-redline:true">The bar chart shows</span> changes in the <span style="-sec-ix-redline:true">Fund's</span> performance from year to year and <span style="-sec-ix-redline:true">the table shows</span> how the <span style="-sec-ix-redline:true">Fund's</span> average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance and an additional index with characteristics relevant to the Fund.
Performance Past Does Not Indicate Future The Fund’s past performance (before and after taxes) is not necessarily an indication of how <span style="-sec-ix-redline:true">the Fund</span> will perform in the future.
Performance Availability Phone 800 914-0278
Performance Availability Website Address optimummutualfunds.com/performance
Performance Table One Class of after Tax Shown After-tax performance is presented only for Institutional Class shares of the Fund.
Performance Table Not Relevant to Tax Deferred After-tax returns are not relevant for shares held in tax-advantaged investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs).
Performance Table Uses Highest Federal Rate The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.
Optimum International Fund  
Bar Chart and Performance Table How has Optimum International Fund performed?
Performance Narrative

The bar chart and table below provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year and the table shows how the Fund's average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The returns reflect any expense caps in effect during these periods. The returns would be lower without the expense caps. Applicable sales charges are reflected in the average annual return table below. You may obtain the Fund’s most recently available month-end performance by calling 800 914-0278 or by visiting our website at optimummutualfunds.com/performance.

Performance Information Illustrates Variability of Returns The bar chart and table below provide some indication of the risks of investing in the Fund. <span style="-sec-ix-redline:true">The bar chart shows</span> changes in the <span style="-sec-ix-redline:true">Fund's</span> performance from year to year and <span style="-sec-ix-redline:true">the table shows</span> how the <span style="-sec-ix-redline:true">Fund's</span> average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance.
Performance Past Does Not Indicate Future The Fund’s past performance (before and after taxes) is not necessarily an indication of how <span style="-sec-ix-redline:true">the Fund</span> will perform in the future.
Performance Availability Phone 800 914-0278
Performance Availability Website Address optimummutualfunds.com/performance
Performance Table One Class of after Tax Shown After-tax performance is presented only for Institutional Class shares of the Fund.
Performance Table Not Relevant to Tax Deferred After-tax returns are not relevant for shares held in tax-advantaged investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs).
Performance Table Uses Highest Federal Rate The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.
Optimum Fixed Income Fund  
Bar Chart and Performance Table How has Optimum Fixed Income Fund performed?
Performance Narrative

The bar chart and table below provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year and the table shows how the Fund's average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance.    The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The returns reflect any expense caps in effect during these periods. The returns would be lower without the expense caps. Applicable sales charges are reflected in the average annual return table below. You may obtain the Fund’s most recently available month-end performance by calling 800 914-0278 or by visiting our website at optimummutualfunds.com/performance.

Performance Information Illustrates Variability of Returns The bar chart and table below provide some indication of the risks of investing in the Fund. <span style="-sec-ix-redline:true">The bar chart shows</span> changes in the <span style="-sec-ix-redline:true">Fund's</span> performance from year to year and <span style="-sec-ix-redline:true">the table shows</span> how the <span style="-sec-ix-redline:true">Fund's</span> average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance.
Performance Past Does Not Indicate Future The Fund’s past performance (before and after taxes) is not necessarily an indication of how <span style="-sec-ix-redline:true">the Fund</span> will perform in the future.
Performance Availability Phone 800 914-0278
Performance Availability Website Address optimummutualfunds.com/performance
Performance Table One Class of after Tax Shown After-tax performance is presented only for Institutional Class shares of the Fund.
Performance Table Not Relevant to Tax Deferred After-tax returns are not relevant for shares held in tax-advantaged investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs).
Performance Table Uses Highest Federal Rate The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.