Saratoga Capital Management,llc

Saratoga Capital Management, LLC has been providing investment advisory services since 1994, primarily to the Saratoga Advantage Trust, a family of mutual funds with assets under management of $149,556,125 as of March 25, 2025. The firm manages seventeen Portfolios within the Trust, utilizing a due diligence process to select investment advisors based on quantitative and qualitative criteria. SCM charges management fees ranging from 0.475% to 1.25% for different Portfolios within the Trust. Additionally, SCM offers the SaratogaSHARP® asset allocation software and model portfolios to third-party investment platforms for an annual fee of 0.15%. The firm does not charge performance-based fees and provides discretionary management for the Trust's Portfolios. Account minimums within the Trust generally range from $2,500 to $10,000. SCM's investment strategies vary across the Portfolios, with detailed information available in the Trust's prospectuses. The firm does not have any disciplinary information and maintains a Code of Ethics to govern personal trading and client transactions. SCM's brokerage and trading practices focus on best execution, with soft dollar practices and trade allocation practices outlined. The firm's Proxy Voting Policy aims to maximize client value when voting on securities. The custody of Trust assets is with The Bank of New York Mellon. Jonathan William Ventimiglia serves as the firm's CCO, overseeing supervisory functions for all employees.