Ranger Funds Investment Trust (Ranger Funds) is a Delaware statutory trust established in 2011.  For nearly a decade, the Ranger Trust has served as a platform for mutual funds that primarily cater to institutional investors and their clients.  The Ranger Trust is dedicated to providing an offering of investment strategies to meet the diverse goals of individual clients, and provide exposure to the extensive institutional experience of its managers.  Currently, the Ranger Trust is actively offering investment within two mutual funds:  Ranger Small Cap Fund and Ranger Micro Cap Fund.