Fact Sheets: The fact sheets are a summary of each Fund’s objective and strategy, performance, portfolio characteristics and top holdings.

Annual and Semi-Annual Reports: Each Fund has a separate Annual and Semi-Annual Report, which are tailored summaries that highlight key information deemed important for investors to assess and monitor their mutual fund investment.  Each Sit Stock Fund issues an Annual Report as of its June 30 fiscal year end, and a Semi-Annual Report as of December 31. Each Sit Bond Fund issues an Annual Report as of its March 31 fiscal year end, and a Semi-Annual Report as of September 30. Unlike Annual Reports, the Semi-Annual Reports are not subject to audit review.

Financial Statements and Other Information: This document is a companion document to the Annual and to the Semi-Annual Report, and includes fund financial statements, portfolio holdings, and financial highlights.

Form N-CSR and Form N-CSRS: These forms are filed with the SEC and contain each Fund’s Annual or Semi-Annual Report, the Financial Statements and Other Information document, as well as additional information such as renumeration paid to Fund directors, the basis of board approval of investment management agreements between the Fund and its Investment Adviser, and various certifications. The Sit Stock Funds file a combined Form N-CSR as of its June 30 fiscal year end, and a combined Form N-CSRS as of December 31. The Sit Bond Funds file a combined Form N-CSR as of its March 31 fiscal year end, and Form N-CSRS as of September 30.

Statutory Prospectus: The Statutory Prospectus describes Funds’ investment objectives and strategies, investment risks, fees and expenses, and other information such as the background of Fund managers and the investment adviser and how to buy and sell shares of the Funds. It is designed to provide investors with comprehensive information needed to make an informed decision about investing in a mutual fund. The Sit Stock Funds file a combined Stock Funds’ Statutory Prospectus that is updated annually, every November 1^st.  The Sit Bond Funds file a combined Bond Funds’ Statutory Prospectus that is updated annually, every August 1^st.

Summary Prospectus: Each Fund has a separate Summary Prospectus which is a condensed version of the Statutory Prospectus. Summary Prospectuses highlight key information about the mutual fund, such as the Fund’s investment objective and strategy, risks, fees and expenses, and historical performance.

Statement of Additional Information (SAI): The SAI is a companion document to the Statutory Prospectus, and provides an even more detailed look at the Funds, including information such as additional investment restrictions, policies and risks.

Portfolio Holdings: This document is a complete listing of all investments held in each Fund at the most recent quarter-end, including names of issuers, number of shares held, and fair market value of shares.

Proxy Voting Records: Each Fund reports its proxy voting records on an annual basis, for each 12-month period from July 1 through June 30.