FS mutual funds

FS Multi-strategy alternatives fund

Class I: FSMSX; Class A: FSMMX

Summary prospectus

Semi-annual report

Q1 2025 holdings

Q3 2024 holdings

Information statement

Class I annual TSR

Class I semi-annual TSR

Class A annual TSR

Class A semi-annual TSR

FS Chiron Real Development Fund

Class I: FSRLX; Class A: FARLX

Liquidation statement

FS Chiron Capital Allocation Fund

Class I: CCAPX; Class A: CCPAX; Class C: CCPCX

Liquidation statement