497 1 oftsai12192024497.htm
OPTIMUM FUND TRUST
 
Optimum Large Cap Value Fund
Optimum Small-Mid Cap Growth Fund
(each a “Fund”, and together, the “Funds”)
 
Supplement to the Funds’ Statement of Additional Information
dated July 31, 2024


Effective as of December 31, 2024, the following will replace the information in the section of the chart entitled, "Portfolio Managers – A. Other Accounts Managed – Optimum Large Cap Value Fund – MFS”:

 
Optimum Large Cap Value Fund
        
   
No. of
Accounts as of
November 30, 2024
Total Assets
Managed
No. Of Accounts
with
Performance-
Based-Fees
Total Assets in
Accounts with
Performance-
Based Fees
 
MFS
 
 
 
 
 
Katherine Cannan
        
 
Registered Investment Companies
9
$73.9 billion
0
$0
 
Other Pooled Investment Vehicles
3
$7.6 billion
0
$0
 
Other Accounts
17
$7.6 billion
0
$0
 
Nevin Chitkara
        
 
Registered investment companies
9
$73.9 billion
0
$0
 
Other pooled investment vehicles
3
$7.6 billion
0
$0
 
Other accounts
17
$7.6 billion
0
$0
 
Thomas Crowley
        
 
Registered investment companies
0
$0
0
$0
 
Other pooled investment vehicles
0
$0
0
$0
 
Other accounts
0
$0
0
$0
   
   
   
Effective as of January 1, 2025, the reference to William A. Grierson, CFA in the section of the chart entitled "Portfolio Managers – A. Other Accounts Managed – Optimum Small-Mid Cap Growth Fund – Peregrine” is hereby deleted.


Please keep this supplement for future reference.

This Supplement is dated December 19, 2024.