4th Quarter 2012 Commentary - ASTON Small Cap Fund

4th Quarter 2012

Subadvisor and Name Change

Effective January 31, 2013, Lee Munder Capital Group (LMCG) was appointed as subadviser and the Fund’s name was changed from the ASTON/Veredus Small Cap Growth Fund to the ASTON Small Cap Fund. There is no change in the Fund’s current investment objective, principal investment strategies, or management fees. The portfolio manager for the Fund will be Andrew Morey, a partner of LMCG, who has been the manager of the ASTON Small Cap Growth Fund since its November 2010 inception.

Click here (126 KB, PDF) for commonly asked questions and answers concerning the change in the name and subadvisor to the Fund.

Proposed Merger of the Fund

At a meeting held on December 13, 2012, the Board of Trustees of the Aston Funds Trust approved the merger of this Fund into the ASTON Small Cap Growth Fund (also run by Andrew Morey), subject to the approval of shareholders. If approved by the shareholders, the merger will occur as soon as practicable, likely on or about March 31, 2013.

Note: Small-cap stocks are considered riskier than large-cap stocks due to greater potential volatility and less liquidity.

Before investing, consider the Fund’s investment objectives, risks, charges, and expenses. Contact 800 992-8151 for a prospectus or summary prospectus containing this and other information. Please, read it carefully. Aston Funds are distributed by Foreside Funds Distributors LLC.