Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
Life
of
Fund |
FUND | ||
Before
Taxes |
|
|
After
Taxes on Distributions |
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
Nasdaq
US 500 Large Cap Index
reflects
no deduction for fees, expenses, or taxes |
|
|
Nasdaq
Victory US Value Momentum Index
reflects
no deduction for fees, expenses, or taxes2
|
|
|
MSCI
USA Index
reflects
no deduction for fees, expenses, or taxes |
|
|
MSCI
USA Select Value Momentum Blend Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA |
President,
VictoryShares and
Solutions |
Since
2019 |
Lance
Humphrey, CFA |
Portfolio
Manager, VictoryShares
and
Solutions |
Since
2017 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
Life
of
Fund |
FUND | ||
Before
Taxes |
|
|
After
Taxes on Distributions |
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
Nasdaq
US 1300 Small Mid Cap Index
reflects
no deduction for fees, expenses, or taxes |
|
|
Nasdaq
Victory US Small Mid Cap Value Momentum Index
reflects
no deduction for fees, expenses, or taxes2
|
|
|
MSCI
USA Small Cap Index
reflects
no deduction for fees, expenses, or taxes |
|
|
MSCI
USA Small Cap Select Value Momentum Blend Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA |
President,
VictoryShares and
Solutions |
Since
2019 |
Lance
Humphrey, CFA |
Portfolio
Manager, VictoryShares
and
Solutions |
Since
2017 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
Life
of
Fund |
FUND | ||
Before
Taxes |
|
|
After
Taxes on Distributions |
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
Nasdaq
DM Ex United States Large Mid Cap Index
reflects
no deduction for fees, expenses, or taxes |
|
|
Nasdaq
Victory International Value Momentum Index
reflects
no deduction for fees, expenses, or taxes2
|
|
|
MSCI
World ex USA (Net) Index
reflects
no deduction for fees, expenses or taxes |
|
|
MSCI
World ex USA Select Value Momentum Blend Index
reflects
no deduction for fees, expenses or taxes |
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA |
President,
VictoryShares and
Solutions |
Since
2019 |
Lance
Humphrey, CFA |
Portfolio
Manager, VictoryShares
and
Solutions |
Since
2017 |
Shareholder
Fees
(paid
directly from your investment) |
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver/Expense Reimbursement1
|
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement1
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
Average
Annual Total Returns
(For
the Periods Ended December 31, 2021) |
1
Year |
Life
of
Fund |
FUND | ||
Before
Taxes |
|
|
After
Taxes on Distributions |
|
|
After
Taxes on Distributions and Sale of Fund Shares |
|
|
Indices | ||
Nasdaq
Emerging Market Large Mid Cap Index
reflects
no deduction for fees, expenses, or taxes |
- |
|
Nasdaq
Victory Emerging Market Value Momentum Index
reflects
no deduction for fees, expenses, or taxes, except foreign withholding
taxes2
|
|
|
MSCI
Emerging Markets Index (Net)
reflects
no deduction for fees, expenses, or taxes, except foreign withholding
taxes |
- |
|
MSCI
Emerging Markets Select Value Momentum Blend Index
reflects
no deduction for fees, expenses, or taxes, except foreign withholding
taxes |
|
|
|
Title
|
Tenure
with the Fund
|
Mannik
Dhillon, CFA |
President,
VictoryShares and
Solutions |
Since
2019 |
Lance
Humphrey, CFA |
Portfolio
Manager, VictoryShares
and
Solutions |
Since
2017 |
Risk
Factor |
US
Fund |
US
Small Mid Cap Fund |
International
Fund |
Emerging
Markets
Fund |
Calculation
Methodology Risk |
X |
X |
X |
X |
China
Risk |
|
|
|
X |
Concentration
Risk |
X |
X |
X |
X |
Derivatives
Risk |
X |
X |
X |
X |
Equity
Securities Risk |
X |
X |
X |
X |
Emerging
Markets Risk |
|
|
|
X |
ETF
Structure Risk |
X |
X |
X |
X |
Foreign
Securities Risk |
|
|
X |
X |
Index
Risk |
X |
X |
X |
X |
Large-Capitalization
Company Risk |
X |
|
X |
X |
Large
Shareholders Risk |
X |
X |
X |
X |
Liquidity
Risk |
X |
X |
X |
X |
Mid-Capitalization
Company Risk |
X |
X |
X |
X |
Momentum
Risk |
X |
X |
X |
X |
Rebalancing
Risk |
X |
X |
X |
X |
Regulatory
Risk |
X |
X |
X |
X |
Sampling
Risk |
|
|
X |
X |
Small-Capitalization
Company Risk |
|
X |
X |
X |
Stock
Market Risk |
X |
X |
X |
X |
Tracking
Error Risk |
X |
X |
X |
X |
Valuation
Risk |
X |
X |
X |
X |
Value
Risk |
X |
X |
X |
X |
Fund
|
Advisory
Fee
|
US
Fund |
0.15%
|
US
Small Mid Cap Fund |
0.15%
|
International
Fund |
0.25%
|
Emerging
Markets Fund |
0.30% |
NAV= |
Total
Assets - Liabilities |
Number of
Shares Outstanding |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Ten
Months
Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net
Asset Value, Beginning of Period |
$65.66 |
$45.30 |
$50.37 |
$53.85 |
$50.19 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(c) |
1.07 |
0.81 |
0.72 |
1.00 |
0.78 |
Net
Realized and Unrealized Gains
(Losses) |
(5.52) |
20.32 |
(4.85) |
(3.59) |
3.34 |
Total
from Investment Activities |
(4.45) |
21.13 |
(4.13) |
(2.59) |
4.12 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(1.11) |
(0.77) |
(0.94) |
(0.89) |
(0.46) |
Total
Distributions |
(1.11) |
(0.77) |
(0.94) |
(0.89) |
(0.46) |
Net
Asset Value, End of Period |
$60.10 |
$65.66 |
$45.30 |
$50.37 |
$53.85 |
Total
Return(d) |
(6.94)% |
47.02% |
(8.31)% |
(4.79)% |
8.23% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(e)(f) |
0.20% |
0.20% |
0.20% |
0.20% |
0.20% |
Net
Investment Income (Loss)(e) |
1.59% |
1.47% |
1.80% |
2.00% |
1.76% |
Gross
Expenses(e)(f) |
0.27% |
0.27% |
0.28% |
0.25% |
0.25% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$267,461 |
$443,213 |
$464,347 |
$468,445 |
$398,504 |
Portfolio
Turnover(d)(g) |
53% |
76% |
66% |
87% |
84% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Ten
Months
Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net
Asset Value, Beginning of
Period |
$72.20 |
$45.57 |
$49.54 |
$57.21 |
$50.13 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(c) |
0.88 |
0.52 |
0.60 |
1.00 |
0.57 |
Net
Realized and Unrealized Gains
(Losses) |
(11.79) |
26.84 |
(3.74) |
(7.86) |
6.81 |
Total
from Investment
Activities |
(10.91) |
27.36 |
(3.14) |
(6.86) |
7.38 |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(0.74) |
(0.73) |
(0.83) |
(0.81) |
(0.30) |
Total
Distributions |
(0.74) |
(0.73) |
(0.83) |
(0.81) |
(0.30) |
Net
Asset Value, End of Period |
$60.55 |
$72.20 |
$45.57 |
$49.54 |
$57.21 |
Total
Return(d) |
(15.24)% |
60.47% |
(6.44)% |
(11.99)% |
14.80% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(e)(f) |
0.24%(g) |
0.24%(g) |
0.25% |
0.25% |
0.25% |
Net
Investment Income (Loss)(e) |
1.26% |
0.87% |
1.53% |
1.98% |
1.25% |
Gross
Expenses(e)(f) |
0.27% |
0.28% |
0.31% |
0.30% |
0.30% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$257,356 |
$299,631 |
$239,247 |
$101,564 |
$71,517 |
Portfolio
Turnover(d)(h) |
70% |
78% |
70% |
88% |
81% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Ten
Months
Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net
Asset Value, Beginning of Period |
$49.64 |
$38.42 |
$43.16 |
$48.10 |
$50.08 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(c) |
1.41 |
1.28 |
0.83 |
1.30 |
1.34 |
Net
Realized and Unrealized Gains
(Losses) |
(9.20) |
11.17 |
(4.35) |
(4.99) |
(2.64) |
Total
from Investment Activities |
(7.79) |
12.45 |
(3.52) |
(3.69) |
(1.30) |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(1.71) |
(1.23) |
(1.22) |
(1.25) |
(0.68) |
Total
Distributions |
(1.71) |
(1.23) |
(1.22) |
(1.25) |
(0.68) |
Net
Asset Value, End of Period |
$40.14 |
$49.64 |
$38.42 |
$43.16 |
$48.10 |
Total
Return (d) |
(16.12)% |
32.66% |
(8.39)% |
(7.70)% |
(2.64)% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(e)(f) |
0.35% |
0.35% |
0.35% |
0.35% |
0.35% |
Net
Investment Income (Loss)(e) |
2.96% |
2.86% |
2.41% |
2.90% |
3.12% |
Gross
Expenses(e)(f) |
0.41% |
0.42% |
0.41% |
0.40% |
0.40% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$282,957 |
$357,380 |
$315,004 |
$323,693 |
$307,836 |
Portfolio
Turnover(d)(g) |
68% |
90% |
62% |
87% |
65% |
|
Year
Ended
6/30/22 |
Year
Ended
6/30/21 |
Ten
Months
Ended
6/30/20(a) |
Year
Ended
8/31/19 |
10/24/17(b)
through
8/31/18 |
Net
Asset Value, Beginning of Period |
$52.08 |
$37.91 |
$41.23 |
$45.58 |
$49.95 |
Investment
Activities |
|
|
|
|
|
Net
Investment Income (Loss)(c) |
1.91 |
1.36 |
0.73 |
1.31 |
1.17 |
Net
Realized and Unrealized Gains
(Losses) |
(11.18) |
14.10 |
(2.85) |
(4.73) |
(5.10) |
Total
from Investment Activities |
(9.27) |
15.46 |
(2.12) |
(3.42) |
(3.93) |
Distributions
to Shareholders From |
|
|
|
|
|
Net
Investment Income |
(2.05) |
(1.29) |
(1.20) |
(0.93) |
(0.44) |
Total
Distributions |
(2.05) |
(1.29) |
(1.20) |
(0.93) |
(0.44) |
Net
Asset Value, End of Period |
$40.76 |
$52.08 |
$37.91 |
$41.23 |
$45.58 |
Total
Return (d) |
(18.34)% |
41.48% |
(5.47)% |
(7.62)% |
(7.95)% |
Ratios
to Average Net Assets |
|
|
|
|
|
Net
Expenses(e)(f) |
0.45% |
0.45% |
0.45% |
0.45% |
0.45% |
Net
Investment Income (Loss)(e) |
4.05% |
2.98% |
2.18% |
3.00% |
2.77% |
Gross
Expenses(e)(f) |
0.55% |
0.56% |
0.57% |
0.50% |
0.50% |
Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (000's) |
$209,936 |
$265,591 |
$164,892 |
$169,051 |
$154,974 |
Portfolio
Turnover(d)(g) |
70% |
95% |
51% |
67% |
58% |