Stone Ridge All Asset Variance Risk Premium Fund

Stone Ridge Funds are generally sold only to (i) institutional investors, including registered investment advisers ("RIAs"), that meet certain qualifications and have completed an educational program provided by Stone Ridge Asset Management LLC; (ii) clients of such institutional investors; and (iii) certain other eligible investors. Investors and RIAs allocating to clients' accounts should carefully consider a Fund's risks and investment objectives, as an investment in a Fund may not be appropriate for all investors and is not designed to be a complete investment program. Investing in the Funds involves a high degree of risk. It is possible that investing in the Funds may result in a loss of some or all of the amount invested. Before making an investment/allocation decision, investors and RIAs allocating to clients' accounts should (i) consider the suitability of this investment with respect to such investor's or client's investment objectives and individual situation and (ii) consider factors such as such investor's or client's net worth, income, age, and risk tolerance. Investment should be avoided where an investor has a short‐term investing horizon and/or cannot bear the loss of some or all of their investment. Before investing in a Fund, investors and RIAs allocating to clients' accounts should read the discussion of risks of investing in the prospectus.

Please note that the Stone Ridge Funds referred to in this website are offered and sold only to United States residents, and the information on this website is intended only for such people. Stone Ridge Funds are not offered for sale in countries other than the U.S. and it territories. This website should not be considered a solicitation to buy or an offer to sell shares of the Stone Ridge Funds in any jurisdiction where it would be unlawful under the securities law of that jurisdiction.

A hard copy prospectus may be obtained by calling (855) 609-3680. Read it carefully before investing.

Stone Ridge Funds are generally sold only to (i) institutional investors, including registered investment advisers ("RIAs"), that meet certain qualifications and have completed an educational program provided by Stone Ridge Asset Management LLC; (ii) clients of such institutional investors; and (iii) certain other eligible investors. Investors and RIAs allocating to clients' accounts should carefully consider a Fund's risks and investment objectives, as an investment in a Fund may not be appropriate for all investors and is not designed to be a complete investment program. Investing in the Funds involves a high degree of risk. It is possible that investing in the Funds may result in a loss of some or all of the amount invested. Before making an investment/allocation decision, investors and RIAs allocating to clients' accounts should (i) consider the suitability of this investment with respect to such investor's or client's investment objectives and individual situation and (ii) consider factors such as such investor's or client's net worth, income, age, and risk tolerance. Investment should be avoided where an investor has a short‐term investing horizon and/or cannot bear the loss of some or all of their investment. Before investing in a Fund, investors and RIAs allocating to clients' accounts should read the discussion of risks of investing in the prospectus.

Please note that the Stone Ridge Funds referred to in this website are offered and sold only to United States residents, and the information on this website is intended only for such people. Stone Ridge Funds are not offered for sale in countries other than the U.S. and it territories. This website should not be considered a solicitation to buy or an offer to sell shares of the Stone Ridge Funds in any jurisdiction where it would be unlawful under the securities law of that jurisdiction.

A hard copy prospectus may be obtained by calling (855) 609-3680. Read it carefully before investing.

The Fund is sold only to (i) institutional investors, including registered investment advisers ("RIAs"), that meet certain qualifications and have completed an educational program provided by Stone Ridge Asset Management LLC (the "Adviser"); (ii) clients of such institutional investors; and (iii) certain other eligible investors. Investors and RIAs allocating to clients' accounts should carefully consider a Fund's risks and investment objectives, as an investment in the Fund may not be appropriate for all investors and is not designed to be a complete investment program. Investing in the Fund involves a high degree of risk. It is possible that investing in the Fund may result in a loss of some or all of the amount invested. Before making an investment/allocation decision, investors and RIAs allocating to clients' accounts should (i) consider the suitability of this investment with respect to such investor's or client's investment objectives and individual situation and (ii) consider factors such as such investor's or client's net worth, income, age, and risk tolerance. Investment should be avoided where an investor has a short‐term investing horizon and/or cannot bear the loss of some or all of their investment. Before investing in a Fund, investors and RIAs allocating to clients' accounts should read the discussion of risks of investing in the prospectus.

Please note that the Stone Ridge Funds referred to in this website are offered and sold only to United States residents, and the information on this website is intended only for such people. Stone Ridge Funds are not offered for sale in countries other than the U.S. and it territories. This website should not be considered a solicitation to buy or an offer to sell shares of the Stone Ridge Funds in any jurisdiction where it would be unlawful under the securities law of that jurisdiction.

A hard copy prospectus may be obtained by calling (855) 609-3680. Read it carefully before investing.

1Effective October 28, 2019, the Stone Ridge U.S. Large Cap Variance Risk Premium Fund changed its name to Stone Ridge U.S. Hedged Equity Fund.

Stone Ridge Funds are generally sold only to (i) institutional investors, including registered investment advisers ("RIAs"), that meet certain qualifications and have completed an educational program provided by Stone Ridge Asset Management LLC; (ii) clients of such institutional investors; and (iii) certain other eligible investors. Investors and RIAs allocating to clients' accounts should carefully consider a Fund's risks and investment objectives, as an investment in a Fund may not be appropriate for all investors and is not designed to be a complete investment program. Investing in the Funds involves a high degree of risk. It is possible that investing in the Funds may result in a loss of some or all of the amount invested. Before making an investment/allocation decision, investors and RIAs allocating to clients' accounts should (i) consider the suitability of this investment with respect to such investor's or client's investment objectives and individual situation and (ii) consider factors such as such investor's or client's net worth, income, age, and risk tolerance. Investment should be avoided where an investor has a short‐term investing horizon and/or cannot bear the loss of some or all of their investment. Before investing in a Fund, investors and RIAs allocating to clients' accounts should read the discussion of risks of investing in the prospectus.

Please note that the Stone Ridge Funds referred to in this website are offered and sold only to United States residents, and the information on this website is intended only for such people. Stone Ridge Funds are not offered for sale in countries other than the U.S. and it territories. This website should not be considered a solicitation to buy or an offer to sell shares of the Stone Ridge Funds in any jurisdiction where it would be unlawful under the securities law of that jurisdiction.

A hard copy prospectus may be obtained by calling (855) 609-3680. Read it carefully before investing.

The Fund is sold only to (i) institutional investors, including registered investment advisers ("RIAs"), that meet certain qualifications and have completed an educational program provided by Stone Ridge Asset Management LLC (the "Adviser"); (ii) clients of such institutional investors; and (iii) certain other eligible investors. Investors and RIAs allocating to clients' accounts should carefully consider a Fund's risks and investment objectives, as an investment in the Fund may not be appropriate for all investors and is not designed to be a complete investment program. Investing in the Fund involves a high degree of risk. It is possible that investing in the Fund may result in a loss of some or all of the amount invested. Before making an investment/allocation decision, investors and RIAs allocating to clients' accounts should (i) consider the suitability of this investment with respect to such investor's or client's investment objectives and individual situation and (ii) consider factors such as such investor's or client's net worth, income, age, and risk tolerance. Investment should be avoided where an investor has a short‐term investing horizon and/or cannot bear the loss of some or all of their investment. Before investing in a Fund, investors and RIAs allocating to clients' accounts should read the discussion of risks of investing in the prospectus.

Please note that the Stone Ridge Funds referred to in this website are offered and sold only to United States residents, and the information on this website is intended only for such people. Stone Ridge Funds are not offered for sale in countries other than the U.S. and it territories. This website should not be considered a solicitation to buy or an offer to sell shares of the Stone Ridge Funds in any jurisdiction where it would be unlawful under the securities law of that jurisdiction.

A hard copy prospectus may be obtained by calling (855) 609-3680. Read it carefully before investing.

The Fund is sold only to (i) institutional investors, including registered investment advisers ("RIAs"), that meet certain qualifications and have completed an educational program provided by Stone Ridge Asset Management LLC (the "Adviser"); (ii) clients of such institutional investors; and (iii) certain other eligible investors. Investors and RIAs allocating to clients' accounts should carefully consider a Fund's risks and investment objectives, as an investment in the Fund may not be appropriate for all investors and is not designed to be a complete investment program. Investing in the Fund involves a high degree of risk. It is possible that investing in the Fund may result in a loss of some or all of the amount invested. Before making an investment/allocation decision, investors and RIAs allocating to clients' accounts should (i) consider the suitability of this investment with respect to such investor's or client's investment objectives and individual situation and (ii) consider factors such as such investor's or client's net worth, income, age, and risk tolerance. Investment should be avoided where an investor has a short‐term investing horizon and/or cannot bear the loss of some or all of their investment. Before investing in a Fund, investors and RIAs allocating to clients' accounts should read the discussion of risks of investing in the prospectus.

Please note that the Stone Ridge Funds referred to in this website are offered and sold only to United States residents, and the information on this website is intended only for such people. Stone Ridge Funds are not offered for sale in countries other than the U.S. and it territories. This website should not be considered a solicitation to buy or an offer to sell shares of the Stone Ridge Funds in any jurisdiction where it would be unlawful under the securities law of that jurisdiction.

A hard copy prospectus may be obtained by calling (855) 609-3680. Read it carefully before investing.