Fund Disclosures

Core Fixed Income

Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities.

Equity Income

The Fund’s strategy of investing in dividend-paying stocks involves the risk that such stocks may fall out favor with investors and underperform the market. In addition, there is the possibility that such companies could reduce or eliminate the payment of dividends in the future or the anticipated acceleration of dividends could not occur.

Global Secured Options

The Fund invests in options which have risks of unlimited losses of the underlying holdings due to unanticipated market movements and failure to correctly predict the direction of the securities prices, interest rates and currency exchange rates. This investment may not be suitable for all investors. Investing in Non-U.S. securities may entail risk due to foreign economic and political developments and may be subject to currency risks and differences in accounting methods. These risks are greater in emerging markets. ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund’s ability to sell its shares.

High-Yield Municipal

Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities.

Muni Intermediate

Income from tax-exempt funds may be subject to state and local taxes and a portion of income may be subject to the federal alternative minimum tax for certain investors. Federal income tax rules will apply to any capital gains distributions. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities.

Quantitative Large Cap Core

The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The Fund may invest in IPOs and the market value of IPO shares could fluctuate considerably due to factors such as the absence of a prior public market, unseasoned trading, the small number of shares available for trading, and limited information about the issuer. Previously known as the Glenmede Large Cap Core Portfolio, the name was changed on 02/28/2018 to the Quantitative U.S. Large Cap Core Equity Portfolio.

Quantitative Large Cap Growth

The Fund may invest in IPOs and the market value of IPO shares could fluctuate considerably due to factors such as the absence of a prior public market, unseasoned trading, the small number of shares available for trading, and limited information about the issuer. The values of growth stocks may be more sensitive to changes in current or expected earnings than the values of other stocks. There is no guarantee that the prices of these stocks will not move even lower. Previously known as the Glenmede Large Cap Growth Portfolio, the name was changed on 02/28/2018 to the Quantitative U.S. Large Cap Growth Equity Portfolio.

Quantitative International

Previously known as the Glenmede International Portfolio, the name was changed on 02/28/2018 to the Quantitative International Equity Portfolio.

The risks associated with foreign investments are heightened when investing in emerging markets. The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The risks associated with foreign investments are heightened when investing in emerging markets.

Quantitative Long Short Equity

The Fund may invest in ADRs and foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The Fund regularly makes short sales of securities which involves risk that losses may exceed the original amount invested. An investment in this Fund entails substantial risk. The Fund may invest in IPOs and the market value of IPO shares could fluctuate considerably due to factors such as the absence of a public market, unseasoned trading, the small number of shares available for trading and limited information about the issuer. Previously known as the Glenmede Long/Short Portfolio, the name was changed on 02/28/2018 to the Quantitative U.S. Long/Short Equity Portfolio.

Quantitative Small Cap

Investments in small issuers generally carry greater risk than is customarily associated with larger companies such as narrower markets, limited financial resources and less liquid stocks.

Quantitative Total Market

Previously known as the Glenmede Total Market Portfolio, the name was changed on 02/28/2018 to the Quantitative U.S. Total Market Equity Portfolio. The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The Fund regularly makes short sales of securities which involves risk that losses may exceed the original amount invested. The Fund may borrow money from banks as permitted by the 1940 Act, which may require the fund to dispose of holdings at a disadvantageous time. An investment in this fund entails substantial risk. The Fund may invest in IPOs and the market value of IPO shares could fluctuate considerably due to factors such as the absence of a public market, unseasoned trading, the small number of shares available for trading and limited information about the issuer.

Responsible ESG U.S. Equity

Secured Options

The Fund invests in options which have the risks of unlimited losses of the underlying holdings due to unanticipated market movements and failure to correctly predict the direction of the securities prices, interest rates and currency exchange rates. This investment may not be suitable for all investors. The fund may invest in ADRs and foreign securities which involve greater volatility and political, economic, and currency risks and differences in accounting methods.

Small Cap Equity

Investments in small issuers generally carry greater risk than is customarily associated with larger companies such as narrower markets, limited financial resources and less liquid stocks.

Short term Tax Aware

Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities.

Strategic Equity

The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.

Women in leadership U.S. Equity

The Glenmede Funds are distributed by Quasar Distributors, LLC

Before you invest in the Glenmede Funds please refer to the equity prospectus and/or bond prospectus and/or equity institutional class prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-800-442-8299. The prospectus should be read carefully before you invest or send money.

The investment techniques and decisions of the investment adviser and the Fund’s portfolio manager(s), including the investment adviser’s assessment of a company’s ESG (Environmental, Social and Governance) profile when selecting investments for the Fund, may not produce the desired results and may adversely impact the Fund’s performance, including relative to other Funds that do not consider ESG factors or come to different conclusions regarding such factors.