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[{"groupName":"FAQs","faqList":[{"faqnumber":1,"question":"What changed?","answer":"\u003cp\u003eThe USAA\u003csup\u003e®\u003c/sup\u003e Mutual Funds Trust has been rebranded as Victory Portfolios III and the funds in the Trust are now known as Victory Funds. There are no changes to the funds’ investment objectives, the investment teams that manage the funds or their respective investment processes due to the change in the product branding strategy, and there is no action required on the part of current investors.\u003c/p\u003e\n\u003cp\u003eAdditionally, USAA Investments, a Victory Capital Investment Franchise, has been renamed “Victory Income Investors.” The USAA-branded fixed income funds managed by the team have been rebranded as Victory Funds. There are no changes to the team or its investment process.\u003cbr\u003e\n\u003c/p\u003e\n"},{"faqnumber":2,"question":"Why did Victory Capital decide to rebrand the mutual funds and Investment Franchise?","answer":"\u003cp\u003eVictory Capital licensed the brand from USAA in 2019 to facilitate a smooth transition and reduce investor confusion following the Company’s acquisition of USAA Asset Management Company. Today, nearly four years later, investors know the Victory Capital brand through regular interaction with our contact center, use of our website and mobile app, and other recurring service and communication touchpoints. So, bringing the product branding in line with Victory Capital’s broader fund line up is a natural and planned evolution.\u003c/p\u003e\n"},{"faqnumber":3,"question":"Have there been any changes to the funds’ investment objectives, the investment teams managing the funds or to their respective investment processes?","answer":"\u003cp\u003eNo. There are no changes to the funds’ investment objectives, the investment teams, or their respective processes due to the change in the branding strategy.\u0026nbsp;\u003c/p\u003e\n"},{"faqnumber":4,"question":"Will any Victory Capital products continue to use the USAA brand?","answer":"\u003cp\u003eThe name of the USAA 529 Education Savings Plan has not changed. The names of the underlying USAA-branded funds in the Plan’s investment portfolios changed when the mutual funds rebranded as Victory Funds. The fund name changes are reflected in a supplement to the plan document.\u003cb\u003e\u003c/b\u003e\u003c/p\u003e\n"},{"faqnumber":5,"question":"Is there any action needed on the part of current investors?","answer":"\u003cp\u003eNo, there is no action needed on the part of current investors.\u003c/p\u003e\n"}]}]
