The Glenmede Fund, Inc.
(the “Fund”)
Disciplined International Equity Portfolio
(the “Portfolio”)
Supplement dated September 10, 2026, to the Portfolio’s Summary Prospectuses,
dated February 28, 2026, as amended June 4, 2026, and the
Portfolio’s Statutory Prospectus and Statement of Additional
Information, each dated February 28, 2026, as amended June 4, 2026.
For all existing and prospective shareholders of the Portfolio:
• | The Portfolio will be reorganized into Knollbrook Disciplined International Equity ETF (the “New ETF”), which is expected to occur on or around January 8, 2027. |
• | If you are an existing shareholder of the Portfolio, and your account can hold an exchange-traded fund, your Portfolio shares will be converted, and no action is needed by you. |
• | If you hold shares of the Portfolio in an account that cannot hold an ETF (i.e., your account is not permitted to purchase securities traded on the stock market), there are certain actions you can take in order to receive shares of the ETF. See the “Questions and Answers” section below for further information. |
On September 9, 2026, the Board of Directors of the Fund (the “Board”) approved an Agreement and Plan of Reorganization (the “Plan”) relating to the reorganization of the Portfolio, a series of the Fund, into the New ETF, a series of the Fund (the “Reorganization”).
Glenmede Investment Management LP (“Glenmede” or the “Advisor”), the investment adviser to the Portfolio and the New ETF, proposed the Reorganization because it believes that the Reorganization is in the best interests of the Portfolio’s shareholders. The Reorganization is in the best interests of shareholders because of the advantages that the New ETF will provide, including: lower overall net expenses, intraday trading, the potential for increased tax efficiency, and full daily holdings transparency. The New ETF is also expected to be more marketable and able to attract further investment from new investors, which would potentially further provide additional economies of scale over time.
The Reorganization will be conducted pursuant to the Plan. The Reorganization is intended to qualify as a tax-free reorganization under the U.S. Internal Revenue Code of 1986, as amended. As a result, Portfolio shareholders generally will not recognize a taxable gain (or loss) for U.S. tax purposes as a result of the Reorganization (although cash received as part of the Reorganization may be taxable, as noted below).
In connection with the Reorganization, shareholders of the Portfolio will receive shares of the New ETF equal in value to the number of shares of the Portfolio they own and will receive a cash payment in lieu of fractional shares of the New ETF, and the redemption of fractional shares may be a taxable event.
Importantly, in order to receive shares of the New ETF as part of the Reorganization, Portfolio shareholders must hold their shares of the New ETF through a brokerage account that can accept shares of an ETF. If Portfolio shareholders do not hold their shares of the New ETF through that type of brokerage account, they will not receive shares of the New ETF as part of the Reorganization and will receive cash equal in value to the NAV of their Portfolio shares, which may be taxable. For Portfolio shareholders that do not currently hold their shares through a brokerage account that can hold shares of an ETF, please see the Q&A that follows for additional actions that those Portfolio shareholders must take in order to receive shares of the New ETF as part of the Reorganization. No further action is required for Portfolio shareholders that hold shares of the Portfolio through a brokerage account that can hold shares of the New ETF.