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Bright Rock Quality Large Cap Fund Institutional Class Receives Five-Star Overall Morningstar Rating

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ROCKLAND, MA (March 14, 2016) – Bright Rock Capital Management LLC, a wholly owned subsidiary of Rockland Trust, announced today that its flagship Bright Rock Quality Large Cap Fund (BQLCX) has achieved the renowned five-star rating from Morningstar for its Institutional Class shares, the highest rating on the scale.

Bright Rock Quality Large Cap Fund received an overall rating of 5 stars for the period ended 2/29/16. Only 10% of the 1,399 funds rated by Morningstar in the U.S. Open End Large Blend category carry a 5 star rating.

“We are thrilled that Bright Rock Quality Large Cap Fund has achieved this result given the tumultuous market conditions at the start of 2016,” said David Smith, CFA and Chief Investment Officer at Rockland Trust. “The Fund’s strong performance over the past three to five years is a testament to our process that focuses on investing in high quality companies across all of the sectors of the economy.”

The Bright Rock Quality Large Cap Fund (the “Fund”) seeks long-term capital appreciation by investing its net assets primarily in common stocks and equity securities of companies with large-sized market capitalization (“large-cap companies”.) The Fund defines large-cap companies as those with market capitalization within the range of companies in the Russell 1000® Index at the time of investment. As of 2/29/16, the market capitalization range of companies in the Russell 1000® Index was between $427 million and $536 billion. The Fund currently holds more than $184 million in assets under management (AUM) (as of 3/4/16.)

About Bright Rock Capital Management, LLC

Bright Rock Capital Management, LLC is a wholly-owned subsidiary of Rockland Trust. The firm's
sole focus is providing institutional quality investment management services to institutional and high- net worth clients. Bright Rock is a registered investment advisory.

About Rockland Trust

Independent Bank Corp. has approximately $7.2 billion in assets and is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust offers a wide range of banking, investment, and insurance services to businesses and individuals through retail branches, commercial lending offices, investment management offices, and residential lending centers located in Eastern Massachusetts and Rhode Island, as well as through telephone banking, mobile banking, and the Internet. Named in 2015 to The Boston Globe’s “Top Places to Work” list for the seventh consecutive year, Rockland Trust was rated the top Largest Employer to work for in Massachusetts. The Company is also an FDIC member and an Equal Housing Lender. To find out why Rockland Trust is the bank “Where Each Relationship Matters®”, please visit https://www.rocklandtrust.com.


Past performance is not a guarantee of future results. The fund has had recent negative performance. For performance data current as of the most recent month end please call 1-866-273-7223.

Source Morningstar: For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ (based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance, including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and ten-year (if applicable) Morningstar Rating metrics. The Bright Rock Quality Large Cap Fund Institutional Class was rated against the following numbers of US OE Large Blend Funds over the following time periods: 1,399 funds in the last three years, 1230 funds in the last five years. With respect to these US OE Large Blend Funds, Bright Rock Quality Large Cap Fund Institutional Class fund received a Morningstar Rating of 4 stars and 5 stars for the three- and five-year periods, respectively. The rating is specific to the Institutional Class and does not apply to other share classes of the Fund.

The Fund's investment objectives, risks, charges, expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company.

Mutual fund investing involves risk. Principal loss is possible. Investments in foreign securities can exhibit greater volatility and additional risks include political, economic, and currency risks as well as differences in accounting methods. These risks can be greater for investments in emerging markets. ETF investments involve additional risks such as the market price trading at a discount to its net asset value, an active secondary trading market may not develop or be maintained or trading may be halted by the exchange in which they trade, which may impact the fund's ability to sell its shares. Derivatives, such as options and futures, involve risks different, and in certain cases, greater than the risks presented by more traditional investments. Short selling of securities may result in the Fund's investment performance suffering if it is requires to close out a short position earlier than it had intended. Growth stocks may be more sensitive to changes in current or expected earnings than the prices of other stocks. Value stocks may perform differently from the market as a whole and may continue to be undervalued by the market for long periods of time.

The Russell 1000 Index is a stock market index that represents the highest ranking 1000 stocks in the Russell 3000 Index, which represents about 90% of the total market capitalization of that index.

© 2016 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Bright Rock Funds are distributed by Quasar Distributors, LLC.