Glenmede Disciplined U.S. Equity Income Portfolio GQLVX Strategy

The investment seeks a high level of current income and long-term growth of capital consistent with reasonable risk to principal. The portfolio invests at least 80% of the value of its net assets in income-producing common stocks of large cap companies tied economically to the U.S. The Advisor considers a company to be tied economically to the U.S. if the company: 1) is organized under the laws of the U.S., 2) maintains its principal place of business in the U.S., 3) is traded principally in the U.S. or 4) at the time of purchase, is included in a U.S. equity index managed by S&P Global Ratings (“S&P”) or FTSE Russell (“Russell”).