Q&A - ASTON/River Road Dividend All Cap Value Fund II (ADVTX, ADIVX)

Q: As the subadviser of the Fund, could you give us a brief overview of River Road Asset Management, LLC? A: River Road Asset Management, LLC is an institutional investment management firm founded in April 2005 by James C. Shircliff, CFA (CIO), R. Andrew Beck (President & CEO, Senior Portfolio Manager), and Henry W. Sanders, III, CFA, (EVP, Senior Portfolio Manager). River Road was formed based upon an Absolute Value investment discipline, a distinct portfolio management approach that incorporates what we believe to be the most proven and enduring principles of value investing, with a specific avoidance of the pitfalls associated with the more common ‘Deep Value’ and ‘Relative Value’ investment styles.