# EDGAR Filing Document

**Accession Number:** 0001843841
**File Stem:** 0001580642-25-005895
**Filing Date:** 2025-9
**Character Count:** 138180
**Document Hash:** 7bff200e9cadc04a71e5a53ac9b86e9d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-25-005895.hdr.sgml**: 20250908

**ACCESSION NUMBER**: 0001580642-25-005895

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 43

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250908

**DATE AS OF CHANGE**: 20250908

**EFFECTIVENESS DATE**: 20250908

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DGI Investment Trust
- **CENTRAL INDEX KEY:** 0001843841

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** PR
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23637
- **FILM NUMBER:** 251298831

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** ORIENTAL CENTER
- **STREET 2:** 254 MUNOZ RIVERA AVENUE, 10TH FLOOR
- **CITY:** SAN JUAN
- **PROVINCE COUNTRY:** PR
- **ZIP:** 00918
- **BUSINESS PHONE:** (787) 771-6800

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** ORIENTAL CENTER
- **STREET 2:** 254 MUNOZ RIVERA AVENUE, 10TH FLOOR
- **CITY:** SAN JUAN
- **PROVINCE COUNTRY:** PR
- **ZIP:** 00918

## Series and Classes Contracts Data

### DGI Balanced Fund (Series ID: S000071589)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000226943 | Class P      | DGIBX           |
| C000229059 | Class T      | DGITX           |
| C000229060 | Class NT     | DGINX           |
| C000238992 | Class I      |  |
| C000238993 | Class C      |  |
| C000238994 | Class A      |  |

?xml version='1.0' encoding='ASCII'?

**united states securities and exchange commission washington, d.c. 20549** 

**form n-csr**

**certified shareholder report of registered management investment companies**

Investment Company Act file number 333-252816 and 811-23637

**DGI Investment Trust**

(Exact name of registrant as specified in charter)

<u>c/o Oriental Trust, 254 Munoz Rivera Ave., 10<sup>th</sup> Floor, San Juan Puerto Rico</u>   <u>00918</u> <br> (Address of principal executive offices) (Zip code)

Maggie Bull, Ultimus Fund Solutions LLC

2 Easton Oval, Suite 300, Columbus OH 43219

(Name and address of agent for service)

Registrant's telephone number, including area code: 513-869-4262

Date of fiscal year end: <u>6/30</u> <br>Date of reporting period: <u>6/30/25</u>

**Item 1. Reports to Stockholders.**

(a) Tailored Shareholder Report

---

| | |
|:---|:---|
| **DGI Balanced Fund**<br>Class A | ![](oriental_logo.jpg) |

---

**Annual Shareholder Report**

**June 30, 2025**

This annual shareholder report contains important information about DGI Balanced Fund for the period of July 1, 2024 to June 30, 2025. You can find additional information about the Fund at https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf. You can also request this information by contacting us at 787-474-1993.

#### What were the Fund's costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class** | **Costs of a $10,000 Investment**  | **Costs Paid as a Percentage of a $10,000 Investment**  |
| Class A | $167 | 1.60% |

---

#### How did the Fund perform during the reporting period?
For the 12-month period ending June 30, 2025, the DGI Balanced Fund Class A Shares achieved a return of 8.55%. In comparison, its broad-based benchmarks, the S&P 500<sup>®</sup> Index and the Bloomberg<sup>®</sup> U.S. Aggregate Bond Index, returned 15.16% and 6.08%, respectively. The Fund's blended performance benchmark returned 10.72%. The primary driver of performance was equity investments, bolstered by favorable market conditions and improving investor sentiment. However, exposure to the U.S. small-cap sector detracted from returns underperforming during the period. Fixed-income holdings contributed positively, albeit to a lesser extent, reflecting a more stable interest rate environment.

The Fund continues to adhere to a balanced strategy, aiming to capitalize on long-term equity growth while managing volatility through fixed-income securities. It is reducing its holdings of shares in Puerto Rico domiciled companies and is methodically diversifying its fixed-income portfolio by purchasing securities directly issued by the U.S. Treasury. The Adviser maintains a constructive outlook, grounded in the belief that a diversified approach is essential to preserving and enhancing the real value of investments over time.

#### How has the Fund performed since inception?
![Ad2 Performance Graph](fp0094840-2_ar91.jpg)

The Fund's past performance is not a good predictor of how the Fund will perform in the future.

#### Fund Statistics

---

| | |
|:---|:---|
| Net Assets ($) | $299863532 |
| Number of Portfolio Holdings | 153 |
| Portfolio Turnover Rate (%) | 2.0% |
| Total Advisory Fees Paid ($) | $2778966 |

---

#### Average Annual Total Returns

---

| | | |
|:---|:---|:---|
|  | **One Year** | **Since Inception<br> (12/06/2023)**  |
| DGI Balanced Fund - Class A | 8.55% | 10.76% |
| DGI Blend-50% S&P/50% BB Agg Bond | 10.72% | 14.04% |
| Bloomberg U.S. Aggregate Bond Index | 6.08% | 4.86% |
| S&P 500 Index | 15.16% | 23.58% |

---

#### What did the Fund invest in?
Sector Weighting (% of net assets)

![Af Image](fp0094840-2_ar92.jpg)

#### Top Ten Holdings
(% of net assets)

---

| | |
|:---|:---|
| **Holding Name** | **% of Net Assets** |
| SPDR S&P 500 ETF Trust ETF | 23.0% |
| iShares Russell 2000 ETF | 13.7% |
| Dreyfus Treasury Obligations Cash Management Fund, Institutional Class | 9.8% |
| iShares MSCI EAFE ETF | 4.2% |
| Vanguard FTSE Europe ETF | 4.0% |
| Vanguard FTSE Emerging Markets ETF | 3.3% |
| Popular, Inc. | 3.3% |
| iShares MSCI Emerging Markets ETF | 2.6% |
| Government National Mortgage Association Series 626934 | 2.2% |
| Government National Mortgage Association Series 626941 | 1.3% |

---

#### Asset Weighting
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (% of total investments)

![Af Image](fp0094840-2_ar93.jpg)

#### Material Fund Changes
No material changes occurred during the year ended June 30, 2025.

#### Where can I find additional information about the Fund?
Additional information is available on the Fund's website

(https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf), including its:

* Prospectus

* Financial information

* Holdings

* Proxy voting information

TSR-AR 063025-DGIAX

![](oriental_logo.jpg)

---

| | |
|:---|:---|
| **DGI Balanced Fund**<br>Class C | ![](oriental_logo.jpg) |

---

**Annual Shareholder Report**

**June 30, 2025**

This annual shareholder report contains important information about DGI Balanced Fund for the period of July 1, 2024 to June 30, 2025. You can find additional information about the Fund at https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf. You can also request this information by contacting us at 787-474-1993.

#### What were the Fund's costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class** | **Costs of a $10,000 Investment**  | **Costs Paid as a Percentage of a $10,000 Investment**  |
| Class C | $244 | 2.35% |

---

#### How did the Fund perform during the reporting period?
For the 12-month period ending June 30, 2025, the DGI Balanced Fund Class C Shares achieved a return of 7.69%. In comparison, its broad-based benchmarks, the S&P 500<sup>®</sup> Index and the Bloomberg<sup>®</sup> U.S. Aggregate Bond Index, returned 15.16% and 6.08%, respectively. The Fund's blended performance benchmark returned 10.72%. The primary driver of performance was equity investments, bolstered by favorable market conditions and improving investor sentiment. However, exposure to the U.S. small-cap sector detracted from returns underperforming during the period. Fixed-income holdings contributed positively, albeit to a lesser extent, reflecting a more stable interest rate environment.

The Fund continues to adhere to a balanced strategy, aiming to capitalize on long-term equity growth while managing volatility through fixed-income securities. It is reducing its holdings of shares in Puerto Rico domiciled companies and is methodically diversifying its fixed-income portfolio by purchasing securities directly issued by the U.S. Treasury. The Adviser maintains a constructive outlook, grounded in the belief that a diversified approach is essential to preserving and enhancing the real value of investments over time.

#### How has the Fund performed since inception?
![Ad2 Performance Graph](fp0094840-3_ar91.jpg)

The Fund's past performance is not a good predictor of how the Fund will perform in the future.

#### Fund Statistics

---

| | |
|:---|:---|
| Net Assets ($) | $299863532 |
| Number of Portfolio Holdings | 153 |
| Portfolio Turnover Rate (%) | 2.0% |
| Total Advisory Fees Paid ($) | $2778966 |

---

#### Average Annual Total Returns

---

| | | |
|:---|:---|:---|
|  | **One Year** | **Since Inception<br> (12/06/2023)**  |
| DGI Balanced Fund - Class C | 7.69% | 9.95% |
| DGI Blend-50% S&P/50% BB Agg Bond | 10.72% | 14.04% |
| Bloomberg U.S. Aggregate Bond Index | 6.08% | 4.86% |
| S&P 500 Index | 15.16% | 23.58% |

---

#### What did the Fund invest in?
Sector Weighting (% of net assets)

![Af Image](fp0094840-3_ar92.jpg)

#### Top Ten Holdings
(% of net assets)

---

| | |
|:---|:---|
| **Holding Name** | **% of Net Assets** |
| SPDR S&P 500 ETF Trust ETF | 23.0% |
| iShares Russell 2000 ETF | 13.7% |
| Dreyfus Treasury Obligations Cash Management Fund, Institutional Class | 9.8% |
| iShares MSCI EAFE ETF | 4.2% |
| Vanguard FTSE Europe ETF | 4.0% |
| Vanguard FTSE Emerging Markets ETF | 3.3% |
| Popular, Inc. | 3.3% |
| iShares MSCI Emerging Markets ETF | 2.6% |
| Government National Mortgage Association Series 626934 | 2.2% |
| Government National Mortgage Association Series 626941 | 1.3% |

---

#### Asset Weighting
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (% of total investments)

![Af Image](fp0094840-3_ar93.jpg)

#### Material Fund Changes
No material changes occurred during the year ended June 30, 2025.

#### Where can I find additional information about the Fund?
Additional information is available on the Fund's website

(https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf), including its:

* Prospectus

* Financial information

* Holdings

* Proxy voting information

TSR-AR 063025-DGICX

![](oriental_logo.jpg)

---

| | |
|:---|:---|
| **DGI Balanced Fund**<br>Class I | ![](oriental_logo.jpg) |

---

**Annual Shareholder Report**

**June 30, 2025**

This annual shareholder report contains important information about DGI Balanced Fund for the period of July 1, 2024 to June 30, 2025. You can find additional information about the Fund at https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf. You can also request this information by contacting us at 787-474-1993.

#### What were the Fund's costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class** | **Costs of a $10,000 Investment**  | **Costs Paid as a Percentage of a $10,000 Investment**  |
| Class I | $141 | 1.35% |

---

#### How did the Fund perform during the reporting period?
For the 12-month period ending June 30, 2025, the DGI Balanced Fund Class I Shares achieved a return of 8.76%. In comparison, its broad-based benchmarks, the S&P 500<sup>®</sup> Index and the Bloomberg<sup>®</sup> U.S. Aggregate Bond Index, returned 15.16% and 6.08%, respectively. The Fund's blended performance benchmark returned 10.72%. The primary driver of performance was equity investments, bolstered by favorable market conditions and improving investor sentiment. However, exposure to the U.S. small-cap sector detracted from returns underperforming during the period. Fixed-income holdings contributed positively, albeit to a lesser extent, reflecting a more stable interest rate environment.

The Fund continues to adhere to a balanced strategy, aiming to capitalize on long-term equity growth while managing volatility through fixed-income securities. It is reducing its holdings of shares in Puerto Rico domiciled companies and is methodically diversifying its fixed-income portfolio by purchasing securities directly issued by the U.S. Treasury. The Adviser maintains a constructive outlook, grounded in the belief that a diversified approach is essential to preserving and enhancing the real value of investments over time.

#### How has the Fund performed since inception?
![Ad2 Performance Graph](fp0094840-4_ar91.jpg)

The Fund's past performance is not a good predictor of how the Fund will perform in the future.

#### Fund Statistics

---

| | |
|:---|:---|
| Net Assets ($) | $299863532 |
| Number of Portfolio Holdings | 153 |
| Portfolio Turnover Rate (%) | 2.0% |
| Total Advisory Fees Paid ($) | $2778966 |

---

#### Average Annual Total Returns

---

| | | |
|:---|:---|:---|
|  | **One Year** | **Since Inception<br> (12/06/2023)**  |
| DGI Balanced Fund - Class I | 8.76% | 11.03% |
| DGI Blend-50% S&P/50% BB Agg Bond | 10.72% | 14.04% |
| Bloomberg U.S. Aggregate Bond Index | 6.08% | 4.86% |
| S&P 500 Index | 15.16% | 23.58% |

---

#### What did the Fund invest in?
Sector Weighting (% of net assets)

![Af Image](fp0094840-4_ar92.jpg)

#### Top Ten Holdings
(% of net assets)

---

| | |
|:---|:---|
| **Holding Name** | **% of Net Assets** |
| SPDR S&P 500 ETF Trust ETF | 23.0% |
| iShares Russell 2000 ETF | 13.7% |
| Dreyfus Treasury Obligations Cash Management Fund, Institutional Class | 9.8% |
| iShares MSCI EAFE ETF | 4.2% |
| Vanguard FTSE Europe ETF | 4.0% |
| Vanguard FTSE Emerging Markets ETF | 3.3% |
| Popular, Inc. | 3.3% |
| iShares MSCI Emerging Markets ETF | 2.6% |
| Government National Mortgage Association Series 626934 | 2.2% |
| Government National Mortgage Association Series 626941 | 1.3% |

---

#### Asset Weighting
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (% of total investments)

![Af Image](fp0094840-4_ar93.jpg)

#### Material Fund Changes
No material changes occurred during the year ended June 30, 2025.

#### Where can I find additional information about the Fund?
Additional information is available on the Fund's website

(https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf), including its:

* Prospectus

* Financial information

* Holdings

* Proxy voting information

TSR-AR 063025-DGIIX

![](oriental_logo.jpg)

---

| | |
|:---|:---|
| **DGI Balanced Fund**<br>Class NT | ![](oriental_logo.jpg) |

---

**Annual Shareholder Report**

**June 30, 2025**

This annual shareholder report contains important information about DGI Balanced Fund for the period of July 1, 2024 to June 30, 2025. You can find additional information about the Fund at https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf. You can also request this information by contacting us at 787-474-1993.

#### What were the Fund's costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class** | **Costs of a $10,000 Investment**  | **Costs Paid as a Percentage of a $10,000 Investment**  |
| Class NT | $141 | 1.35% |

---

#### How did the Fund perform during the reporting period?
For the 12-month period ending June 30, 2025, the DGI Balanced Fund Class NT Shares achieved a return of 8.76%. In comparison, its broad-based benchmarks, the S&P 500<sup>®</sup> Index and the Bloomberg<sup>®</sup> U.S. Aggregate Bond Index, returned 15.16% and 6.08%, respectively. The Fund's blended performance benchmark returned 10.72%. The primary driver of performance was equity investments, bolstered by favorable market conditions and improving investor sentiment. However, exposure to the U.S. small-cap sector detracted from returns underperforming during the period. Fixed-income holdings contributed positively, albeit to a lesser extent, reflecting a more stable interest rate environment.

The Fund continues to adhere to a balanced strategy, aiming to capitalize on long-term equity growth while managing volatility through fixed-income securities. It is reducing its holdings of shares in Puerto Rico domiciled companies and is methodically diversifying its fixed-income portfolio by purchasing securities directly issued by the U.S. Treasury. The Adviser maintains a constructive outlook, grounded in the belief that a diversified approach is essential to preserving and enhancing the real value of investments over time.

#### How has the Fund performed since inception?
![Ad2 Performance Graph](fp0094840-5_ar91.jpg)

The Fund's past performance is not a good predictor of how the Fund will perform in the future.

#### Fund Statistics

---

| | |
|:---|:---|
| Net Assets ($) | $299863532 |
| Number of Portfolio Holdings | 153 |
| Portfolio Turnover Rate (%) | 2.0% |
| Total Advisory Fees Paid ($) | $2778966 |

---

#### Average Annual Total Returns

---

| | | |
|:---|:---|:---|
|  | **One Year** | **Since Inception<br> (05/23/2021)**  |
| DGI Balanced Fund - Class NT | 8.76% | 2.46% |
| DGI Blend-50% S&P/50% BB Agg Bond | 10.72% | 5.74% |
| Bloomberg U.S. Aggregate Bond Index | 6.08% | -0.55% |
| S&P 500 Index | 15.16% | 11.93% |

---

#### What did the Fund invest in?
Sector Weighting (% of net assets)

![Af Image](fp0094840-5_ar92.jpg)

#### Top Ten Holdings
(% of net assets)

---

| | |
|:---|:---|
| **Holding Name** | **% of Net Assets** |
| SPDR S&P 500 ETF Trust ETF | 23.0% |
| iShares Russell 2000 ETF | 13.7% |
| Dreyfus Treasury Obligations Cash Management Fund, Institutional Class | 9.8% |
| iShares MSCI EAFE ETF | 4.2% |
| Vanguard FTSE Europe ETF | 4.0% |
| Vanguard FTSE Emerging Markets ETF | 3.3% |
| Popular, Inc. | 3.3% |
| iShares MSCI Emerging Markets ETF | 2.6% |
| Government National Mortgage Association Series 626934 | 2.2% |
| Government National Mortgage Association Series 626941 | 1.3% |

---

#### Asset Weighting
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (% of total investments)

![Af Image](fp0094840-5_ar93.jpg)

#### Material Fund Changes
No material changes occurred during the year ended June 30, 2025.

#### Where can I find additional information about the Fund?
Additional information is available on the Fund's website

(https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf), including its:

* Prospectus

* Financial information

* Holdings

* Proxy voting information

TSR-AR 063025-DGINX

![](oriental_logo.jpg)

---

| | |
|:---|:---|
| **DGI Balanced Fund**<br>Class P | ![](oriental_logo.jpg) |

---

**Annual Shareholder Report**

**June 30, 2025**

This annual shareholder report contains important information about DGI Balanced Fund for the period of July 1, 2024 to June 30, 2025. You can find additional information about the Fund at https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf. You can also request this information by contacting us at 787-474-1993.

#### What were the Fund's costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class** | **Costs of a $10,000 Investment**  | **Costs Paid as a Percentage of a $10,000 Investment**  |
| Class P | $141 | 1.35% |

---

#### How did the Fund perform during the reporting period?
For the 12-month period ending June 30, 2025, the DGI Balanced Fund Class P Shares achieved a return of 8.76%. In comparison, its broad-based benchmarks, the S&P 500<sup>®</sup> Index and the Bloomberg<sup>®</sup> U.S. Aggregate Bond Index, returned 15.16% and 6.08%, respectively. The Fund's blended performance benchmark returned 10.72%. The primary driver of performance was equity investments, bolstered by favorable market conditions and improving investor sentiment. However, exposure to the U.S. small-cap sector detracted from returns underperforming during the period. Fixed-income holdings contributed positively, albeit to a lesser extent, reflecting a more stable interest rate environment.

The Fund continues to adhere to a balanced strategy, aiming to capitalize on long-term equity growth while managing volatility through fixed-income securities. It is reducing its holdings of shares in Puerto Rico domiciled companies and is methodically diversifying its fixed-income portfolio by purchasing securities directly issued by the U.S. Treasury. The Adviser maintains a constructive outlook, grounded in the belief that a diversified approach is essential to preserving and enhancing the real value of investments over time.

#### How has the Fund performed since inception?
![Ad2 Performance Graph](fp0094840-6_ar91.jpg)

The Fund's past performance is not a good predictor of how the Fund will perform in the future.

#### Fund Statistics

---

| | |
|:---|:---|
| Net Assets ($) | $299863532 |
| Number of Portfolio Holdings | 153 |
| Portfolio Turnover Rate (%) | 2.0% |
| Total Advisory Fees Paid ($) | $2778966 |

---

#### Average Annual Total Returns

---

| | | |
|:---|:---|:---|
|  | **One Year** | **Since Inception<br> (05/23/2021)**  |
| DGI Balanced Fund - Class P | 8.76% | 2.46% |
| DGI Blend-50% S&P/50% BB Agg Bond | 10.72% | 5.74% |
| Bloomberg U.S. Aggregate Bond Index | 6.08% | -0.55% |
| S&P 500 Index | 15.16% | 11.93% |

---

#### What did the Fund invest in?
Sector Weighting (% of net assets)

![Af Image](fp0094840-6_ar92.jpg)

#### Top Ten Holdings
(% of net assets)

---

| | |
|:---|:---|
| **Holding Name** | **% of Net Assets** |
| SPDR S&P 500 ETF Trust ETF | 23.0% |
| iShares Russell 2000 ETF | 13.7% |
| Dreyfus Treasury Obligations Cash Management Fund, Institutional Class | 9.8% |
| iShares MSCI EAFE ETF | 4.2% |
| Vanguard FTSE Europe ETF | 4.0% |
| Vanguard FTSE Emerging Markets ETF | 3.3% |
| Popular, Inc. | 3.3% |
| iShares MSCI Emerging Markets ETF | 2.6% |
| Government National Mortgage Association Series 626934 | 2.2% |
| Government National Mortgage Association Series 626941 | 1.3% |

---

#### Asset Weighting
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (% of total investments)

![Af Image](fp0094840-6_ar93.jpg)

#### Material Fund Changes
No material changes occurred during the year ended June 30, 2025.

#### Where can I find additional information about the Fund?
Additional information is available on the Fund's website

(https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf), including its:

* Prospectus

* Financial information

* Holdings

* Proxy voting information

TSR-AR 063025-DGIBX

![](oriental_logo.jpg)

---

| | |
|:---|:---|
| **DGI Balanced Fund**<br>Class T | ![](oriental_logo.jpg) |

---

**Annual Shareholder Report**

**June 30, 2025**

This annual shareholder report contains important information about DGI Balanced Fund for the period of July 1, 2024 to June 30, 2025. You can find additional information about the Fund at https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf. You can also request this information by contacting us at 787-474-1993.

#### What were the Fund's costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class** | **Costs of a $10,000 Investment**  | **Costs Paid as a Percentage of a $10,000 Investment**  |
| Class T | $141 | 1.35% |

---

#### How did the Fund perform during the reporting period?
For the 12-month period ending June 30, 2025, the DGI Balanced Fund Class T Shares achieved a return of 8.76%. In comparison, its broad-based benchmarks, the S&P 500<sup>®</sup> Index and the Bloomberg<sup>®</sup> U.S. Aggregate Bond Index, returned 15.16% and 6.08%, respectively. The Fund's blended performance benchmark returned 10.72%. The primary driver of performance was equity investments, bolstered by favorable market conditions and improving investor sentiment. However, exposure to the U.S. small-cap sector detracted from returns underperforming during the period. Fixed-income holdings contributed positively, albeit to a lesser extent, reflecting a more stable interest rate environment.

The Fund continues to adhere to a balanced strategy, aiming to capitalize on long-term equity growth while managing volatility through fixed-income securities. It is reducing its holdings of shares in Puerto Rico domiciled companies and is methodically diversifying its fixed-income portfolio by purchasing securities directly issued by the U.S. Treasury. The Adviser maintains a constructive outlook, grounded in the belief that a diversified approach is essential to preserving and enhancing the real value of investments over time.

#### How has the Fund performed since inception?
![Ad2 Performance Graph](fp0094840-7_ar91.jpg)

The Fund's past performance is not a good predictor of how the Fund will perform in the future.

#### Fund Statistics

---

| | |
|:---|:---|
| Net Assets ($) | $299863532 |
| Number of Portfolio Holdings | 153 |
| Portfolio Turnover Rate (%) | 2.0% |
| Total Advisory Fees Paid ($) | $2778966 |

---

#### Average Annual Total Returns

---

| | | |
|:---|:---|:---|
|  | **One Year** | **Since Inception<br> (05/23/2021)**  |
| DGI Balanced Fund - Class T | 8.76% | 2.46% |
| DGI Blend-50% S&P/50% BB Agg Bond | 10.72% | 5.74% |
| Bloomberg U.S. Aggregate Bond Index | 6.08% | -0.55% |
| S&P 500 Index | 15.16% | 11.93% |

---

#### What did the Fund invest in?
Sector Weighting (% of net assets)

![Af Image](fp0094840-7_ar92.jpg)

#### Top Ten Holdings
(% of net assets)

---

| | |
|:---|:---|
| **Holding Name** | **% of Net Assets** |
| SPDR S&P 500 ETF Trust ETF | 23.0% |
| iShares Russell 2000 ETF | 13.7% |
| Dreyfus Treasury Obligations Cash Management Fund, Institutional Class | 9.8% |
| iShares MSCI EAFE ETF | 4.2% |
| Vanguard FTSE Europe ETF | 4.0% |
| Vanguard FTSE Emerging Markets ETF | 3.3% |
| Popular, Inc. | 3.3% |
| iShares MSCI Emerging Markets ETF | 2.6% |
| Government National Mortgage Association Series 626934 | 2.2% |
| Government National Mortgage Association Series 626941 | 1.3% |

---

#### Asset Weighting
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (% of total investments)

![Af Image](fp0094840-7_ar93.jpg)

#### Material Fund Changes
No material changes occurred during the year ended June 30, 2025.

#### Where can I find additional information about the Fund?
Additional information is available on the Fund's website

(https://funddocs.filepoint.com/dgi_balanced/?file=DGI-Balanced-Summary.pdf), including its:

* Prospectus

* Financial information

* Holdings

* Proxy voting information

TSR-AR 063025-DGITX

(b) Not applicable

**Item 2. Code of Ethics.**

(a) The registrant has, as of the end of the period covered by this report, adopted
 a code of ethics that applies to the registrant's principal executive officer, principal financial officer, and principal accounting officer
 or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third
 party.

(b) Not applicable

(c) During the period covered by this report, there were no amendments to any provision
 of the code of ethics.

(d) During the period covered by this report, there were no waivers or implicit
 waivers of a provision of the code of ethics.

(e) Not applicable

(f) See Item 19(a)(1)

**Item 3. Audit Committee Financial Expert.**

---

| | |
|:---|:---|
| (a)(1) | The Registrant's board of trustees has determined that Ivan C. Lopez Morales is the audit committee financial expert, as defined in Item 3 of Form N-CSR. Mr. Lopez is independent for purposes of this Item 3. |
| (a)(2) | Not applicable. |
| (a)(3) | Not applicable. |

---

**Item 4. Principal Accountant Fees and Services.** 

(a) Audit Fees. The aggregate fees billed for each
 of the last two fiscal years for professional services rendered by the registrant's principal accountant for the audit of the registrant's
 annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings
 or engagements for those fiscal years are as follows: 2025 – $22,150 2024 – $21,500

(b) Audit-Related Fees. There were no fees billed in each of the
 last two fiscal years for assurances and related services by the principal accountant that are reasonably related to the performance of
 the audit of the registrant's financial statements and are not reported under paragraph (a) of this item.

(c) Tax Fees. The aggregate fees billed in each of the last two
 fiscal years for professional services rendered by the principal accountant for tax compliance are as follows:

2025 – N/A

2024 – N/A

Preparation of Federal & State income tax returns, assistance with calculation of required income, capital gain and excise distributions and preparation of Federal excise tax returns.

(d) All Other Fees. The aggregate fees billed in each of the last
 two fiscal years for products and services provided by the registrant's principal accountant, other than the services reported in
 paragraphs (a) through (c) of this item were $0 and $0 for the fiscal years ended June 30, 2024 and 2025, respectively.

---

| | |
|:---|:---|
| (e)(1) | The audit committee does not have pre-approval policies and procedures. Instead, the audit committee or audit committee chairman approves on a case-by-case basis each audit or non-audit service before the principal accountant is engaged by the registrant. |
| (e)(2) | There were no services described in each of paragraphs (b) through (d) of this Item that were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X. |
| (f) | Not applicable. The percentage of hours expended on the principal accountant's engagement to audit the registrant's financial statements for the most recent fiscal year that were attributed to work performed by persons other than the principal accountant's full-time, permanent employees was zero percent (0%). |

---

(g) All non-audit fees billed by the registrant's
 principal accountant for services rendered to the registrant for the fiscal years ended June 30, 2024 and 2025, respectively are disclosed
 in (b)-(d) above. There were no audit or non-audit services performed by the registrant's principal accountant for the registrant's adviser.

(h) Not applicable.

(i) Not applicable.

(j) Not applicable.

**Item 5. Audit Committee of Listed Companies.**

Not applicable.

**Item 6. Investments.**

Schedule of investments in securities of unaffiliated issuers is included under Item 7.

**Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.**

(a) ![](img_001.jpg)

**DGI Balanced Fund**

Annual Financial Statements

& Additional Information

June 30, 2025

This report and the financial statements contained herein are submitted for the general information of shareholders and are not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus, which contains information about the Fund's investment objective, risks, fees and expenses. Investors are reminded to read the prospectus carefully before investing in the Fund.

**DGI BALANCED FUND**

**SCHEDULE OF INVESTMENTS**

**June 30, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 3.3%** |  |
|  | **BANKING - 3.3%** |  |
| 90000 | Popular, Inc. (Cost $6,849,080) | $9918900 |
|  | **EXCHANGE-TRADED FUNDS — 51.7%** |  |
|  | **EQUITY - 51.7%** |  |
| 139300 | iShares MSCI EAFE ETF | 12452027 |
| 160000 | iShares MSCI Emerging Markets ETF | 7718400 |
| 48000 | iShares MSCI India ETF | 2672640 |
| 190100 | iShares Russell 2000 ETF | 41021679 |
| 111800 | SPDR S&P 500 ETF Trust | 69075630 |
| 201000 | Vanguard FTSE Emerging Markets ETF | 9941460 |
| 156000 | Vanguard FTSE Europe ETF | 12090000 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $111,624,892)** | 154971836 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Principal**<br>**Amount ($)** |  | <br>**Spread** | **Coupon Rate**<br>**(%)** | <br>**Maturity** | |
| | **COLLATERALIZED MORTGAGE OBLIGATIONS — 0.0%<sup>(a)</sup>** |  |  |  | |
| 676093 | Federal National Mortgage Association Series 67 Class GS (Cost $44,532)<sup>(b),(c)</sup> | SOFR30A + 5.886% | 1.5803 | 07/25/38 | 69876 |
|  | **U.S. GOVERNMENT & AGENCIES — 35.1%** |  |  |  |  |
|  | **FEDERAL HOME LOAN MORTGAGE CORP.** — **1.3%<sup>(d)</sup>** |  |  |  |  |
| 11337 | Federal Home Loan Mortgage Corporation Series D97349 |  | 6.0000 | 09/01/25 | 11534 |
| 1344 | Federal Home Loan Mortgage Corporation Series D75702 |  | 7.5000 | 01/01/26 | 1343 |
| 10068 | Federal Home Loan Mortgage Corporation Series D79168 |  | 8.0000 | 02/01/27 | 10087 |
| 258373 | Federal Home Loan Mortgage Corporation Series J20654 |  | 3.0000 | 08/01/27 | 254126 |
| 32037 | Federal Home Loan Mortgage Corporation Series C10178 |  | 6.5000 | 05/01/28 | 33118 |
| 132001 | Federal Home Loan Mortgage Corporation Series P51380 |  | 5.5000 | 03/01/36 | 133166 |
| 139774 | Federal Home Loan Mortgage Corporation Series C02554 |  | 6.0000 | 06/01/36 | 145940 |
| 3573957 | Federal Home Loan Mortgage Corporation Series SB0645 |  | 2.0000 | 12/01/36 | 3272241 |
|  |  |  |  |  | 3861555 |
|  | **FEDERAL NATIONAL MORTGAGE ASSOCIATION** — **7.7%<sup>(d)</sup>** |  |  |  |  |
| 11642 | Federal National Mortgage Association Series 426651 |  | 6.5000 | 03/01/26 | 12022 |
| 38068 | Federal National Mortgage Association Series AE1268 |  | 3.5000 | 10/01/26 | 37727 |
| 5471 | Federal National Mortgage Association Series 367023 |  | 7.5000 | 11/01/26 | 5476 |

---

See accompanying notes to financial statements.

**DGI BALANCED FUND**

**SCHEDULE OF INVESTMENTS (Continued)**

**June 30, 2025**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Amount ($)** |  | **Coupon Rate<br> (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 35.1% (Continued)** |  |  |  |
|  | **FEDERAL NATIONAL MORTGAGE ASSOCIATION** — **7.7%<sup>(d)</sup>** **(Continued)** |  |  |  |
| 87004 | Federal National Mortgage Association Series AE1285 | 3.5000 | 12/01/26 | $86130 |
| 11585 | Federal National Mortgage Association Series 367025 | 8.0000 | 12/01/26 | 11596 |
| 227317 | Federal National Mortgage Association Series AJ1905 | 3.0000 | 02/01/27 | 223598 |
| 15331 | Federal National Mortgage Association Series 426649 | 7.0000 | 02/01/27 | 16159 |
| 90512 | Federal National Mortgage Association Series AI9096 | 3.5000 | 03/01/27 | 89349 |
| 4393 | Federal National Mortgage Association Series 374925 | 7.5000 | 03/01/27 | 4400 |
| 154741 | Federal National Mortgage Association Series AL3274 | 3.0000 | 05/01/27 | 152655 |
| 135769 | Federal National Mortgage Association Series AJ1913 | 3.0000 | 06/01/27 | 133531 |
| 2599 | Federal National Mortgage Association Series 426647 | 7.5000 | 06/01/27 | 2604 |
| 505167 | Federal National Mortgage Association Series AP1217 | 2.5000 | 07/01/27 | 496012 |
| 255607 | Federal National Mortgage Association Series AI9133 | 3.5000 | 11/01/27 | 252496 |
| 438174 | Federal National Mortgage Association Series AR5151 | 2.5000 | 04/01/28 | 428733 |
| 54914 | Federal National Mortgage Association Series AU2244 | 3.0000 | 09/01/28 | 53717 |
| 489614 | Federal National Mortgage Association Series AR5202 | 3.0000 | 11/01/28 | 479173 |
| 323847 | Federal National Mortgage Association Series AR5223 | 3.0000 | 02/01/29 | 317253 |
| 269599 | Federal National Mortgage Association Series AS2465 | 3.0000 | 04/01/29 | 262411 |
| 457154 | Federal National Mortgage Association Series AS2542 | 3.0000 | 04/01/29 | 445544 |
| 43147 | Federal National Mortgage Association Series 488061 | 7.0000 | 04/01/29 | 45491 |
| 338522 | Federal National Mortgage Association Series AV6988 | 3.0000 | 05/01/29 | 331427 |
| 747943 | Federal National Mortgage Association Series AV6993 | 3.0000 | 06/01/29 | 731786 |
| 784272 | Federal National Mortgage Association Series AV6999 | 3.0000 | 06/01/29 | 767418 |
| 838870 | Federal National Mortgage Association Series AV1451 | 3.0000 | 06/01/29 | 820547 |
| 521006 | Federal National Mortgage Association Series AV1452 | 3.0000 | 07/01/29 | 507218 |
| 63051 | Federal National Mortgage Association Series 504137 | 7.5000 | 07/01/29 | 63640 |
| 27907 | Federal National Mortgage Association Series 504148 | 7.5000 | 08/01/29 | 27830 |
| 399811 | Federal National Mortgage Association Series AV7011 | 3.0000 | 09/01/29 | 389510 |
| 25212 | Federal National Mortgage Association Series 523120 | 7.0000 | 01/01/30 | 26575 |
| 504100 | Federal National Mortgage Association Series AV7045 | 3.0000 | 02/01/30 | 492075 |
| 8843 | Federal National Mortgage Association Series 523123 | 7.5000 | 02/01/30 | 8858 |
| 475966 | Federal National Mortgage Association Series AX5513 | 3.0000 | 04/01/31 | 461949 |
| 119362 | Federal National Mortgage Association Series 573448 | 6.5000 | 04/01/31 | 124394 |
| 559693 | Federal National Mortgage Association Series AX5544 | 3.0000 | 08/01/31 | 542388 |
| 590143 | Federal National Mortgage Association Series AX5551 | 2.5000 | 10/01/31 | 562311 |
| 341385 | Federal National Mortgage Association Series AX5567 | 3.0000 | 12/01/31 | 332255 |

---

See accompanying notes to financial statements.

**DGI BALANCED FUND**

**SCHEDULE OF INVESTMENTS (Continued)**

**June 30, 2025**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Amount ($)** |  | **Coupon Rate<br> (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 35.1% (Continued)** |  |  |  |
|  | **FEDERAL NATIONAL MORTGAGE ASSOCIATION** — **7.7%<sup>(d)</sup> (Continued)** |  |  |  |
| 548412 | Federal National Mortgage Association Series BD9019 | 3.0000 | 01/01/32 | $531272 |
| 571493 | Federal National Mortgage Association Series 695394 | 5.0000 | 06/01/33 | 574112 |
| 166700 | Federal National Mortgage Association Series 850040 | 6.5000 | 06/01/36 | 175854 |
| 1261744 | Federal National Mortgage Association Series CB2736 | 2.5000 | 01/01/37 | 1179913 |
| 81944 | Federal National Mortgage Association Series 931180 | 5.5000 | 04/01/39 | 84180 |
| 423446 | Federal National Mortgage Association Series 953131 | 4.5000 | 09/01/39 | 422325 |
| 2163021 | Federal National Mortgage Association Series AI9098 | 4.0000 | 03/01/42 | 2085550 |
| 1384802 | Federal National Mortgage Association Series AS3545 | 4.0000 | 09/01/44 | 1315504 |
| 1141078 | Federal National Mortgage Association Series AV7027 | 4.0000 | 11/01/44 | 1085390 |
| 527415 | Federal National Mortgage Association Series AX5471 | 3.0000 | 07/01/45 | 468702 |
| 690433 | Federal National Mortgage Association Series AV7076 | 3.0000 | 07/01/45 | 614295 |
| 4056732 | Federal National Mortgage Association Series AS8523 | 3.0000 | 11/01/46 | 3585872 |
| 1375232 | Federal National Mortgage Association Series AX5564 | 3.0000 | 12/01/46 | 1217317 |
|  |  |  |  | 23086544 |
|  | **GOVERNMENT NATIONAL MORTGAGE ASSOCIATION — 25.4%** |  |  |  |
| 11011 | Government National Mortgage Association Series 705899 | 3.5000 | 01/15/26 | 10974 |
| 412 | Government National Mortgage Association Series 385183 | 7.5000 | 01/15/26 | 411 |
| 7636 | Government National Mortgage Association Series 5127 | 4.0000 | 07/20/26 | 7593 |
| 93455 | Government National Mortgage Association Series 711631 | 3.5000 | 02/15/27 | 92583 |
| 24536 | Government National Mortgage Association Series 5310 | 3.5000 | 02/20/27 | 24299 |
| 115874 | Government National Mortgage Association Series 705941 | 3.0000 | 04/15/27 | 114440 |
| 81235 | Government National Mortgage Association Series 711651 | 3.5000 | 05/15/27 | 80461 |
| 297043 | Government National Mortgage Association Series 740018 | 3.5000 | 07/15/27 | 294112 |
| 168563 | Government National Mortgage Association Series 705951 | 2.5000 | 08/15/27 | 165581 |
| 335131 | Government National Mortgage Association Series 744440 | 3.5000 | 10/15/27 | 331604 |
| 140359 | Government National Mortgage Association Series 705956 | 2.5000 | 11/15/27 | 137592 |
| 13800 | Government National Mortgage Association Series 711707 | 2.5000 | 01/15/28 | 13556 |
| 112013 | Government National Mortgage Association Series 767026 | 2.5000 | 02/15/28 | 109808 |
| 171308 | Government National Mortgage Association Series 721979 | 2.5000 | 03/15/28 | 167528 |
| 214647 | Government National Mortgage Association Series 722012 | 3.0000 | 09/15/28 | 210805 |
| 159994 | Government National Mortgage Association Series 722016 | 2.5000 | 12/15/28 | 155361 |
| 177210 | Government National Mortgage Association Series 722033 | 3.0000 | 06/15/29 | 173735 |
| 25682 | Government National Mortgage Association Series 626932 | 3.0000 | 04/15/30 | 24846 |
| 70375 | Government National Mortgage Association Series 548539 | 6.0000 | 10/15/31 | 72301 |

---

See accompanying notes to financial statements.

**DGI BALANCED FUND**

**SCHEDULE OF INVESTMENTS (Continued)**

**June 30, 2025**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Amount ($)** |  | **Coupon Rate<br> (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 35.1% (Continued)** |  |  |  |
|  | **GOVERNMENT NATIONAL MORTGAGE ASSOCIATION — 25.4% (Continued)** |  |  |  |
| 271086 | Government National Mortgage Association Series 635142 | 3.0000 | 11/20/31 | $260705 |
| 44663 | Government National Mortgage Association Series 636427 | 6.0000 | 11/15/34 | 46203 |
| 56173 | Government National Mortgage Association Series 643754 | 6.0000 | 10/15/35 | 58120 |
| 150134 | Government National Mortgage Association Series 592885 | 6.0000 | 05/15/36 | 157076 |
| 1331792 | Government National Mortgage Association Series 655703 | 6.0000 | 08/15/37 | 1418446 |
| 1004362 | Government National Mortgage Association Series 722002 | 3.5000 | 03/15/38 | 935767 |
| 545152 | Government National Mortgage Association Series 767055 | 3.0000 | 05/15/38 | 494346 |
| 405247 | Government National Mortgage Association Series 767066 | 3.0000 | 06/15/38 | 367493 |
| 1865729 | Government National Mortgage Association Series 721997 | 3.5000 | 01/15/39 | 1740800 |
| 628279 | Government National Mortgage Association Series 678638 | 4.5000 | 08/15/39 | 630260 |
| 392381 | Government National Mortgage Association Series 678639 | 5.0000 | 08/15/39 | 398754 |
| 113682 | Government National Mortgage Association Series 719894 | 4.5000 | 09/15/39 | 114041 |
| 1411857 | Government National Mortgage Association Series 678641 | 4.5000 | 09/15/39 | 1416310 |
| 783770 | Government National Mortgage Association Series 678642 | 5.0000 | 09/15/39 | 796498 |
| 488974 | Government National Mortgage Association Series 678645 | 4.5000 | 10/15/39 | 490516 |
| 402891 | Government National Mortgage Association Series 678646 | 5.0000 | 10/15/39 | 409435 |
| 383909 | Government National Mortgage Association Series 678643 | 5.5000 | 11/15/39 | 398713 |
| 246025 | Government National Mortgage Association Series 678660 | 5.0000 | 03/15/40 | 250022 |
| 290427 | Government National Mortgage Association Series 722009 | 3.5000 | 07/15/40 | 271424 |
| 1494784 | Government National Mortgage Association Series 705892 | 4.0000 | 11/15/40 | 1441874 |
| 336561 | Government National Mortgage Association Series 705894 | 4.5000 | 11/15/40 | 337623 |
| 370478 | Government National Mortgage Association Series 705937 | 4.0000 | 01/15/42 | 357369 |
| 1666347 | Government National Mortgage Association Series 705936 | 3.5000 | 02/15/42 | 1552283 |
| 36789 | Government National Mortgage Association Series 5302 | 3.5000 | 02/20/42 | 33196 |
| 1745845 | Government National Mortgage Association Series 711653 | 3.5000 | 05/20/42 | 1621479 |
| 1628662 | Government National Mortgage Association Series 721969 | 3.0000 | 11/15/42 | 1476644 |
| 1589938 | Government National Mortgage Association Series 711731 | 3.0000 | 03/15/43 | 1441535 |
| 1481538 | Government National Mortgage Association Series 722001 | 3.5000 | 06/15/43 | 1380118 |
| 770383 | Government National Mortgage Association Series 722008 | 3.0000 | 08/15/43 | 693709 |
| 939953 | Government National Mortgage Association Series 722010 | 3.5000 | 08/15/43 | 875602 |
| 595590 | Government National Mortgage Association Series 722011 | 4.0000 | 08/15/43 | 574492 |
| 1828996 | Government National Mortgage Association Series 722013 | 3.5000 | 09/15/43 | 1703788 |
| 588746 | Government National Mortgage Association Series 722020 | 3.0000 | 12/15/43 | 525780 |
| 1641809 | Government National Mortgage Association Series 722021 | 3.5000 | 12/15/43 | 1529407 |

---

See accompanying notes to financial statements.

**DGI BALANCED FUND**

**SCHEDULE OF INVESTMENTS (Continued)**

**June 30, 2025**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Amount ($)** |  | **Coupon Rate<br> (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 35.1% (Continued)** |  |  |  |
|  | **GOVERNMENT NATIONAL MORTGAGE ASSOCIATION — 25.4% (Continued)** |  |  |  |
| 2982982 | Government National Mortgage Association Series 609103 | 3.5000 | 01/15/44 | $2778703 |
| 1739604 | Government National Mortgage Association Series 609163 | 3.5000 | 07/15/44 | 1620474 |
| 2245315 | Government National Mortgage Association Series 609200 | 3.5000 | 10/15/44 | 2091553 |
| 1494117 | Government National Mortgage Association Series 609214 | 3.0000 | 11/20/44 | 1326057 |
| 2301811 | Government National Mortgage Association Series 626921 | 3.0000 | 03/15/45 | 2052763 |
| 7556692 | Government National Mortgage Association Series 626934 | 3.0000 | 04/20/45 | 6706387 |
| 4357347 | Government National Mortgage Association Series 626941 | 3.0000 | 05/15/45 | 3885862 |
| 2599616 | Government National Mortgage Association Series 635068 | 3.0000 | 04/15/46 | 2318214 |
| 2097184 | Government National Mortgage Association Series AE3319 | 3.0000 | 07/15/46 | 1870201 |
| 1191221 | Government National Mortgage Association Series AW2756 | 3.0000 | 09/15/46 | 1062283 |
| 1505740 | Government National Mortgage Association Series 635133 | 3.0000 | 10/20/46 | 1336295 |
| 1968052 | Government National Mortgage Association Series AW3558 | 3.0000 | 11/15/46 | 1754991 |
| 924544 | Government National Mortgage Association Series 635153 | 3.0000 | 12/20/46 | 820482 |
| 1888790 | Government National Mortgage Association Series 690615 | 3.0000 | 06/15/47 | 1679582 |
| 1794246 | Government National Mortgage Association Series 690625 | 3.0000 | 07/20/47 | 1592296 |
| 1949000 | Government National Mortgage Association Series AD6371 | 3.0000 | 03/15/48 | 1733064 |
| 520611 | Government National Mortgage Association Series BC3027 | 3.0000 | 03/15/48 | 464234 |
| 3039343 | Government National Mortgage Association Series BE1665 | 4.0000 | 05/20/48 | 2922722 |
| 2497438 | Government National Mortgage Association | 4.0000 | 09/15/48 | 2408915 |
| 663117 | Government National Mortgage Association Series BJ1536 | 3.5000 | 09/20/48 | 615849 |
| 939617 | Government National Mortgage Association Series BJ1540 | 3.5000 | 09/20/48 | 872622 |
| 2566788 | Government National Mortgage Association Series BJ9877 | 4.0000 | 11/15/48 | 2475806 |
| 1791248 | Government National Mortgage Association Series BJ9885 | 4.0000 | 12/15/48 | 1727756 |
| 961665 | Government National Mortgage Association Series BJ9893 | 3.5000 | 12/20/48 | 893122 |
| 899414 | Government National Mortgage Association Series BJ9892 | 3.5000 | 01/15/49 | 837787 |
|  |  |  |  | 76235438 |
|  | **U.S. TREASURY NOTES — 0.7%** |  |  |  |
| 1000000 | United States Treasury Note | 4.3750 | 05/15/34 | 1015742 |
| 1000000 | United States Treasury Note | 4.2500 | 11/15/34 | 1003750 |
|  |  |  |  | 2019492 |
|  | **TOTAL U.S. GOVERNMENT & AGENCIES (Cost $113,902,019)** |  |  | 105203029 |

---

See accompanying notes to financial statements.

**DGI BALANCED FUND**

**SCHEDULE OF INVESTMENTS (Continued)**

**June 30, 2025**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Amount ($)** |  | **Coupon Rate<br> (%)** | **Maturity** | **Fair Value** |
|  | **SHORT-TERM INVESTMENTS — 11.1%** |  |  |  |
|  | **U.S. TREASURY BILLS — 1.3%** |  |  |  |
| 500000 | United States Treasury Bill | 4.2800 | 09/18/25 | $495408 |
| 500000 | United States Treasury Bill | 4.2500 | 10/30/25 | 493000 |
| 1000000 | United States Treasury Bill | 4.2100 | 12/04/25 | 982277 |
| 1000000 | United States Treasury Bill | 4.2100 | 12/18/25 | 980615 |
| 1000000 | United States Treasury Bill | 4.2200 | 12/26/25 | 979728 |
|  |  |  |  | 3931028 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | |
|  | **MONEY MARKET FUNDS - 9.8%** |  |
| 29324231 | Dreyfus Treasury Obligations Cash Management Fund, Institutional Class, 4.19% <sup>(e)</sup> | 29324231 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $33,255,259)** | 33255259 |
|  | **TOTAL INVESTMENTS – 101.2% (Cost $265,675,782)** | $303418900 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS – (1.2)%** | (3555368) |
|  | **NET ASSETS - 100.0%** | $299863532 |

---

---

| | |
|:---|:---|
| EAFE | - Europe, Australasia and Far East |
| ETF | - Exchange-Traded Fund |
| MSCI | - Morgan Stanley Capital International |
| SPDR | - Standard & Poor's Depositary Receipt |
| SOFR30A | &nbsp;&nbsp;&nbsp;&nbsp;United States 30 Day Average SOFR Secured Overnight Financing Rate |

---

<sup>(a)</sup> Percentage rounds to less than 0.1%.

<sup>(b)</sup> Interest only securities.

<sup>(c)</sup> Variable rate security; the rate shown represents the rate on June 30, 2025.

<sup>(d)</sup> Issuer operates under a Congressional charter; its securities are neither issued nor guaranteed by the U.S. government. The Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation currently operate under a federal conservatorship.

<sup>(e)</sup> Rate disclosed is the annualized seven-day effective yield as of June 30, 2025.

See accompanying notes to financial statements.

**DGI Balanced Fund**

**STATEMENT OF ASSETS AND LIABILITIES**

**June 30, 2025**

---

| | |
|:---|:---|
| **ASSETS** |  |
| &nbsp;&nbsp;&nbsp;Investment securities: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At cost | $265675782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At value | $303418900 |
| &nbsp;&nbsp;&nbsp;Dividends and interest receivable | 679865 |
| &nbsp;&nbsp;&nbsp;Receivable for securities sold | 9036 |
| &nbsp;&nbsp;&nbsp;Reclaims receivable | 4960 |
| &nbsp;&nbsp;&nbsp;Prepaid expenses & other assets | 232153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL ASSETS** | 304344914 |
| **LIABILITIES** |  |
| &nbsp;&nbsp;&nbsp;Due to custodian | 72004 |
| &nbsp;&nbsp;&nbsp;Payable for securities purchased | 3931028 |
| &nbsp;&nbsp;&nbsp;Redemptions payable | 11880 |
| &nbsp;&nbsp;&nbsp;Advisory fees payable | 225726 |
| &nbsp;&nbsp;&nbsp;Distribution (12b-1) fees payable | 595 |
| &nbsp;&nbsp;&nbsp;Transfer agency fees payable | 112352 |
| &nbsp;&nbsp;&nbsp;Administration fees payable | 70901 |
| &nbsp;&nbsp;&nbsp;Accrued expenses and other liabilities | 56896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL LIABILITIES** | 4481382 |
| **NET ASSETS** | $**299863532** |
| **Net Assets Consist Of:** |  |
| &nbsp;&nbsp;&nbsp;Paid in capital ($0 par value, unlimited shares authorized) | $237781149 |
| &nbsp;&nbsp;&nbsp;Accumulated earnings | 62082383 |
| **NET ASSETS** | $**299863532** |

---

See accompanying notes to financial statements.

**DGI Balanced Fund**

**STATEMENT OF ASSETS AND LIABILITIES (Continued)**

**June 30, 2025**

---

| | | |
|:---|:---|:---|
| **Net Asset Value Per Share:** |  |  |
| Class A Shares |  |  |
| &nbsp;&nbsp;&nbsp;Net Assets | $**3017887** |  |
| &nbsp;&nbsp;&nbsp;Shares of beneficial interest outstanding ($0 par value, unlimited shares authorized) | **249049** |  |
| &nbsp;&nbsp;&nbsp;Net asset value (Net Assets ÷ Shares Outstanding) and redemption price per share | $**12.12** |  |
| &nbsp;&nbsp;&nbsp;Maximum offering price per share (maximum sales charge of 3.50%) | $**12.56** |  |
| Class C Shares |  |  |
| &nbsp;&nbsp;&nbsp;Net Assets | $**1151** |  |
| &nbsp;&nbsp;&nbsp;Shares of beneficial interest outstanding ($0 par value, unlimited shares authorized) | **96** |  |
| &nbsp;&nbsp;&nbsp;and redemption price per share (1) | $**12.04** | **(2)** |
| Class I Shares |  |  |
| &nbsp;&nbsp;&nbsp;Net Assets | $**1129925** |  |
| &nbsp;&nbsp;&nbsp;Shares of beneficial interest outstanding ($0 par value, unlimited shares authorized) | **92896** |  |
| &nbsp;&nbsp;&nbsp;Net asset value (Net Assets ÷ Shares Outstanding), offering price and redemption price per share | $**12.16** |  |
| Class P Shares |  |  |
| &nbsp;&nbsp;&nbsp;Net Assets | $**181329685** |  |
| &nbsp;&nbsp;&nbsp;Shares of beneficial interest outstanding ($0 par value, unlimited shares authorized) | **14909649** |  |
| &nbsp;&nbsp;&nbsp;Net asset value (Net Assets ÷ Shares Outstanding), offering price and redemption price per share | $**12.16** |  |
| Class T Shares |  |  |
| &nbsp;&nbsp;&nbsp;Net Assets | $**96904851** |  |
| &nbsp;&nbsp;&nbsp;Shares of beneficial interest outstanding ($0 par value, unlimited shares authorized) | **7967943** |  |
| &nbsp;&nbsp;&nbsp;Net asset value (Net Assets ÷ Shares Outstanding), offering price and redemption price per share | $**12.16** |  |
| Class NT Shares |  |  |
| &nbsp;&nbsp;&nbsp;Net Assets | $**17480033** |  |
| &nbsp;&nbsp;&nbsp;Shares of beneficial interest outstanding ($0 par value, unlimited shares authorized) | **1437277** |  |
| &nbsp;&nbsp;&nbsp;Net asset value (Net Assets ÷ Shares Outstanding), offering price and redemption price per share | $**12.16** |  |

---

(1) Redemptions made within 1
 year of purchase may be assessed a redemption fee of 1.00%.

(2) Net asset value may not recalculate
 due to the rounding of net assets and/or shares outstanding.

See accompanying notes to financial statements.

**DGI Balanced Fund**

**STATEMENT OF OPERATIONS**

**For the Year Ended June 30, 2025**

---

| | |
|:---|:---|
| **INVESTMENT INCOME** |  |
| &nbsp;&nbsp;&nbsp;Dividends (Foreign Taxes Withheld: $195,833) | $3711383 |
| &nbsp;&nbsp;&nbsp;Interest | 3774746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL INVESTMENT INCOME** | 7486129 |
| **EXPENSES** |  |
| &nbsp;&nbsp;&nbsp;Investment advisory fees | 2778966 |
| &nbsp;&nbsp;&nbsp;Distribution (12b-1) fees |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A | 5669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class C | 11 |
| &nbsp;&nbsp;&nbsp;Transfer agent fees | 412266 |
| &nbsp;&nbsp;&nbsp;Legal fees | 278862 |
| &nbsp;&nbsp;&nbsp;Administrative services fees | 269348 |
| &nbsp;&nbsp;&nbsp;Printing and postage expenses | 69634 |
| &nbsp;&nbsp;&nbsp;Trustees fees and expenses | 64811 |
| &nbsp;&nbsp;&nbsp;Custodian fees | 50000 |
| &nbsp;&nbsp;&nbsp;Compliance officer fees | 37984 |
| &nbsp;&nbsp;&nbsp;Audit and tax fees | 32509 |
| &nbsp;&nbsp;&nbsp;Insurance fees | 12490 |
| &nbsp;&nbsp;&nbsp;Other expenses | 19737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TOTAL EXPENSES** | 4032287 |
| **NET INVESTMENT INCOME** | 3453842 |
| **NET REALIZED AND UNREALIZED GAIN ON INVESTMENTS** |  |
| &nbsp;&nbsp;&nbsp;Net realized gain on: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments | 4437337 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation on: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments | 17264719 |
| **NET REALIZED AND UNREALIZED GAIN ON INVESTMENTS** | 21702056 |
| **NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS** | $**25155898** |

---

See accompanying notes to financial statements.

**DGI Balanced Fund**

**STATEMENTS OF CHANGES IN NET ASSETS**

---

| | | |
|:---|:---|:---|
|  | **Year Ended<br> June 30,<br> 2025** | **Year Ended**<br> **June 30,**<br> **2024**\*** |
| **FROM OPERATIONS** |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | $3453842 | $3825335 |
| &nbsp;&nbsp;&nbsp;Net realized gain from investments | 4437337 | 18380085 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation on investments | 17264719 | 10026363 |
| Net increase in net assets resulting from operations | 25155898 | 32231783 |
| **DISTRIBUTIONS** |  |  |
| &nbsp;&nbsp;&nbsp;Distributions to shareholders |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A Shares | (24281) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class C Shares | (9) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class I Shares | (15) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class P Shares | (2459926) | (2906951) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class T Shares | (1313352) | (1547269) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class NT Shares | (239175) | (293916) |
| Total distributions to shareholders | (4036758) | (4748136) |
| **FROM SHARES OF BENEFICIAL INTEREST** |  |  |
| &nbsp;&nbsp;&nbsp;Proceeds from shares sold: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A Shares | 1729118 | 1731443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class C Shares |  | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class I Shares | 1127984 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class P Shares | 3749341 | 5953815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class T Shares | 227737 | 201208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class NT Shares | 52187 | 42365 |
| &nbsp;&nbsp;&nbsp;Net asset value of shares issued in reinvestment of distributions: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A Shares | 12608 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class T Shares | 2150731 | 2869494 |
| &nbsp;&nbsp;&nbsp;Payments for shares redeemed: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class A Shares | (131422) | (516461) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class I Shares | (38312) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class P Shares | (19149393) | (21068450) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class T Shares | (10822404) | (11626380) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class NT Shares | (1730553) | (2617360) |
| Net decrease in net assets from shares of beneficial interest | (22822378) | (25028326) |
| **TOTAL INCREASE/(DECREASE) IN NET ASSETS** | (1703238) | 2455321 |
| **NET ASSETS** |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of year | 301566770 | 299111449 |
| &nbsp;&nbsp;&nbsp;End of year | $**299863532** | $**301566770** |

---

\* Class A, Class C, and Class I shares commenced investment operations on December 6, 2023.

See accompanying notes to financial statements.

**DGI Balanced Fund**

**STATEMENTS OF CHANGES IN NET ASSETS (Continued)**

---

| | | |
|:---|:---|:---|
|  | **Year Ended<br> June 30,<br> 2025** | **Year Ended**<br> **June 30,**<br> **2024**\*** |
| **SHARE ACTIVITY** |  |  |
| Class A Shares: |  |  |
| &nbsp;&nbsp;&nbsp;Shares Sold | 149564 | 155793 |
| &nbsp;&nbsp;&nbsp;Shares Reinvested | 1086 |  |
| &nbsp;&nbsp;&nbsp;Shares Redeemed | (11415) | (45979) |
| &nbsp;&nbsp;&nbsp;Net increase in shares of beneficial interest outstanding | 139235 | 109814 |
| Class C Shares: |  |  |
| &nbsp;&nbsp;&nbsp;Shares Sold | - | 96 |
| &nbsp;&nbsp;&nbsp;Net increase in shares of beneficial interest outstanding | - | 96 |
| Class I Shares: |  |  |
| &nbsp;&nbsp;&nbsp;Shares Sold | 96149 | 96 |
| &nbsp;&nbsp;&nbsp;Shares Redeemed | (3349) | - |
| &nbsp;&nbsp;&nbsp;Net increase in shares of beneficial interest outstanding | 92800 | 96 |
| Class P Shares: |  |  |
| &nbsp;&nbsp;&nbsp;Shares Sold | 326659 | 546514 |
| &nbsp;&nbsp;&nbsp;Shares Redeemed | (1642757) | (1966321) |
| &nbsp;&nbsp;&nbsp;Net decrease in shares of beneficial interest outstanding | (1316098) | (1419807) |
| Class T Shares: |  |  |
| &nbsp;&nbsp;&nbsp;Shares Sold | 19769 | 18438 |
| &nbsp;&nbsp;&nbsp;Shares Reinvested | 184771 | 297049 |
| &nbsp;&nbsp;&nbsp;Shares Redeemed | (929152) | (1084822) |
| &nbsp;&nbsp;&nbsp;Net decrease in shares of beneficial interest outstanding | (724612) | (769335) |
| Class NT Shares: |  |  |
| &nbsp;&nbsp;&nbsp;Shares Sold | 4490 | 3865 |
| &nbsp;&nbsp;&nbsp;Shares Redeemed | (148538) | (244675) |
| &nbsp;&nbsp;&nbsp;Net decrease in shares of beneficial interest outstanding | (144048) | (240810) |

---

\* Class A, Class C, and Class I shares commenced investment operations on December 6, 2023.

See accompanying notes to financial statements.

**DGI Balanced Fund**

**FINANCIAL HIGHLIGHTS**

Per Share Data and Ratios for a Share of Beneficial Interest Outstanding Throughout each Year/Period

---

| | | |
|:---|:---|:---|
|  | **Class A Shares** | **Class A Shares** |
|  | **Year Ended**<br>**June 30,**<br>**2025** | **Period\* Ended**<br>**June 30,**<br>**2024** |
| Net asset value, beginning of year/period | $11.31 | $10.46 |
| Activity from investment operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (12) | 0.12 | 0.09 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain on investments | 0.84 | 0.76 |
| Total from investment operations | 0.96 | 0.85 |
| &nbsp;&nbsp;&nbsp;Distribution to Shareholders from Ordinary Income | (0.15) | - |
| Total distributions | (0.15) | - |
| Net asset value, end of year/period | $12.12 | $11.31 |
| Total return (3) | 8.55% | 8.13% |
| Net assets, end of year/period (000's) | $3018 | $1243 |
| Ratio of expenses to average net assets (4) | 1.60% | 1.55%<sup>(5)</sup> |
| Ratio of net investment income to average net assets (24) | 0.90% | 1.04%<sup>(5)</sup> |
| Portfolio Turnover Rate | 2% | 4%<sup>(6)</sup> |

---

\* The DGI Balanced Fund Class A shares commenced operations on December 6, 2023.

(1) Per share amounts calculated
 using the average shares method, which more appropriately presents the per share data for the year/period.

(2) Recognition of net investment
 income by the Fund is affected by the timing of the declaration of dividends by the underlying investment companies in which the Fund
 invests.

(3) Total returns are historical
 and assume changes in share price and reinvestment of dividends, if any. Total returns for periods of less than one year are not annualized.

(4) Does not include the expenses
 of other investment companies in which the Fund invests, if any.

(5) Annualized.

(6) Not Annualized.

See accompanying notes to financial statements.

**DGI Balanced Fund**

**FINANCIAL HIGHLIGHTS**

Per Share Data and Ratios for a Share of Beneficial Interest Outstanding Throughout each Year/Period

---

| | | |
|:---|:---|:---|
|  | **Class C Shares** | **Class C Shares** |
|  | **Year Ended**<br>**June 30,**<br>**2025** | **Period\* Ended**<br>**June 30,**<br>**2024** |
| Net asset value, beginning of year/period | $11.27 | $10.46 |
| Activity from investment operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (12) | 0.02 | 0.03 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain on investments | 0.84 | 0.78 |
| Total from investment operations | 0.86 | 0.81 |
| &nbsp;&nbsp;&nbsp;Distribution to Shareholders from Ordinary Income | (0.09) | - |
| Total distributions | (0.09) | - |
| Net asset value, end of year/period | $12.04 | $11.27 |
| Total return (3) | 7.69% | 7.74% |
| Net assets, end of year/period (4) | $1151 | $1077 |
| Ratio of expenses to average net assets (5) | 2.35% | 2.30%<sup>(6)</sup> |
| Ratio of net investment income to average net assets (25) | 0.15% | 0.29%<sup>(6)</sup> |
| Portfolio Turnover Rate | 2% | 4%<sup>(7)</sup> |

---

\* The DGI Balanced Fund Class C shares commenced operations on December 6, 2023.

(1) Per share amounts calculated
 using the average shares method, which more appropriately presents the per share data for the year/period.

(2) Recognition of net investment
 income by the Fund is affected by the timing of the declaration of dividends by the underlying investment companies in which the Fund
 invests.

(3) Total returns are historical
 and assume changes in share price and reinvestment of dividends, if any. Total returns for periods of less than one year are not annualized.

(4) Actual net asset amount.

(5) Does not include the expenses
 of other investment companies in which the Fund invests, if any.

(6) Annualized.

(7) Not Annualized.

See accompanying notes to financial statements.

**DGI Balanced Fund**

**FINANCIAL HIGHLIGHTS**

Per Share Data and Ratios for a Share of Beneficial Interest Outstanding Throughout each Year/Period

---

| | | |
|:---|:---|:---|
|  | **Class I Shares** | **Class I Shares** |
|  | **Year Ended**<br>**June 30,**<br>**2025** | **Period\* Ended**<br>**June 30,**<br>**2024** |
| Net asset value, beginning of year/period | $11.33 | $10.46 |
| Activity from investment operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (12) | 0.45 | 0.10 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain on investments | 0.54 | 0.77 |
| Total from investment operations | 0.99 | 0.87 |
| &nbsp;&nbsp;&nbsp;Distribution to Shareholders from Ordinary Income | (0.16) | - |
| Total distributions | (0.16) | - |
| Net asset value, end of year/period | $12.16 | $11.33 |
| Total return (3) | 8.76% | 8.32% |
| Net assets, end of year/period (000's) | $1130 | $1084<sup>(4)</sup> |
| Ratio of expenses to average net assets (5) | 1.35% | 1.30%<sup>(6)</sup> |
| Ratio of net investment income to average net assets (25) | 1.15% | 1.29%<sup>(6)</sup> |
| Portfolio Turnover Rate | 2% | 4%<sup>(7)</sup> |

---

\* The DGI Balanced Fund Class I shares commenced operations on December 6, 2023.

(1) Per share amounts calculated
 using the average shares method, which more appropriately presents the per share data for the year/period.

(2) Recognition of net investment
 income by the Fund is affected by the timing of the declaration of dividends by the underlying investment companies in which the Fund
 invests.

(3) Total returns are historical
 and assume changes in share price and reinvestment of dividends, if any. Total returns for periods of less than one year are not annualized.

(4) Actual net asset amount.

(5) Does not include the expenses
 of other investment companies in which the Fund invests, if any.

(6) Annualized.

(7) Not Annualized.

See accompanying notes to financial statements.

**DGI Balanced Fund**

**FINANCIAL HIGHLIGHTS**

Per Share Data and Ratios for a Share of Beneficial Interest Outstanding Throughout each Year/Period

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Class P Shares** | **Class P Shares** | **Class P Shares** | **Class P Shares** | **Class P Shares** |
|  | **Year Ended**<br>**June 30,**<br>**2025** | **Year Ended**<br>**June 30,**<br>**2024** | **Year Ended**<br>**June 30,**<br>**2023** | **Year Ended**<br>**June 30,**<br>**2022** | **Period\* Ended**<br>**June 30,**<br>**2021** |
| Net asset value, beginning of year/period | $11.33 | $10.34 | $10.33 | $11.58 | $11.53 |
| Activity from investment operations: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (12) | 0.13 | 0.14 | 0.16 | 0.08 | 0.03 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain/(loss) on investments | 0.86 | 1.02 | (0.03) | (1.28) | 0.02 |
| Total from investment operations | 0.99 | 1.16 | 0.13 | (1.20) | 0.05 |
| &nbsp;&nbsp;&nbsp;Distribution to Shareholders from Ordinary Income | (0.16) | (0.17) | (0.12) | (0.05) | - |
| Total distributions | (0.16) | (0.17) | (0.12) | (0.05) | - |
| Net asset value, end of year/period | $12.16 | $11.33 | $10.34 | $10.33 | $11.58 |
| Total return (3) | 8.76% | 11.48% | 1.32% | (10.45)% | 0.43% |
| Net assets, end of year/period (000's) | $181330 | $183886 | $182443 | $201136 | $236301 |
| Ratio of expenses to average net assets (4) | 1.35% | 1.30% | 1.31%<sup>(5)</sup> | 1.40% | 1.17%<sup>(6)</sup> |
| Ratio of net investment income to average net assets (24) | 1.15% | 1.29% | 1.58% | 0.68% | 2.10%<sup>(6)</sup> |
| Portfolio Turnover Rate | 2% | 4% | 2% | 3% | 0%<sup>(7)</sup> |

---

\* The DGI Balanced Fund Class P shares commenced operations on May 23, 2021.

(1) Per share amounts calculated
 using the average shares method, which more appropriately presents the per share data for the year/period.

(2) Recognition of net investment
 income by the Fund is affected by the timing of the declaration of dividends by the underlying investment companies in which the Fund
 invests.

(3) Total returns are historical
 and assume changes in share price and reinvestment of dividends, if any. Total returns for periods of less than one year are not annualized.

(4) Does not include the expenses
 of other investment companies in which the Fund invests, if any.

(5) Excludes the reversal of
 tax expenses accrued during the fiscal year ended June 30, 2022. Had this reversal been included, the ratio of expenses to average
 net assets would have been 1.16% for the fiscal year ended June 30, 2023.

(6) Annualized.

(7) Not Annualized.

See accompanying notes to financial statements.

**DGI Balanced Fund**

**FINANCIAL HIGHLIGHTS**

Per Share Data and Ratios for a Share of Beneficial Interest Outstanding Throughout each Year/Period

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Class T Shares** | **Class T Shares** | **Class T Shares** | **Class T Shares** | **Class T Shares** |
|  | **Year Ended**<br>**June 30,**<br>**2025** | **Year Ended**<br>**June 30,**<br>**2024** | **Year Ended**<br>**June 30,**<br>**2023** | **Year Ended**<br>**June 30,**<br>**2022** | **Period\* Ended**<br>**June 30,**<br>**2021** |
| Net asset value, beginning of year/period | $11.33 | $10.34 | $10.33 | $11.58 | $11.53 |
| Activity from investment operations: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (12) | 0.13 | 0.14 | 0.16 | 0.08 | 0.03 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain/(loss) on investments | 0.86 | 1.02 | (0.03) | (1.28) | 0.02 |
| Total from investment operations | 0.99 | 1.16 | 0.13 | (1.20) | 0.05 |
| &nbsp;&nbsp;&nbsp;Distribution to Shareholders from Ordinary Income | (0.16) | (0.17) | (0.12) | (0.05) | - |
| Total distributions | (0.16) | (0.17) | (0.12) | (0.05) | - |
| Net asset value, end of year/period | $12.16 | $11.33 | $10.34 | $10.33 | $11.58 |
| Total return (3) | 8.76% | 11.48% | 1.32% | (10.45)% | 0.43% |
| Net assets, end of year/period (000's) | $96905 | $98515 | $97828 | $108581 | $130443 |
| Ratio of expenses to average net assets (4) | 1.35% | 1.30% | 1.31%<sup>(5)</sup> | 1.40% | 1.17%<sup>(6)</sup> |
| Ratio of net investment income to average net assets (24) | 1.15% | 1.29% | 1.58% | 0.68% | 2.10%<sup>(6)</sup> |
| Portfolio Turnover Rate | 2% | 4% | 2% | 3% | 0%<sup>(7)</sup> |

---

\* The DGI Balanced Fund Class T shares commenced operations on May 23, 2021.

(1) Per share amounts calculated
 using the average shares method, which more appropriately presents the per share data for the year/period.

(2) Recognition of net investment
 income by the Fund is affected by the timing of the declaration of dividends by the underlying investment companies in which the Fund
 invests.

(3) Total returns are historical
 and assume changes in share price and reinvestment of dividends, if any. Total returns for periods of less than one year are not annualized.

(4) Does not include the expenses
 of other investment companies in which the Fund invests, if any.

(5) Excludes the reversal of
 tax expenses accrued during the fiscal year ended June 30, 2022. Had this reversal been included, the ratio of expenses to average
 net assets would have been 1.16% for the fiscal year ended June 30, 2023.

(6) Annualized.

(7) Not Annualized.

See accompanying notes to financial statements.

**DGI Balanced Fund**

**FINANCIAL HIGHLIGHTS**

Per Share Data and Ratios for a Share of Beneficial Interest Outstanding Throughout each Year/Period

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Class NT Shares** | **Class NT Shares** | **Class NT Shares** | **Class NT Shares** | **Class NT Shares** |
|  | **Year Ended**<br>**June 30,**<br>**2025** | **Year Ended**<br>**June 30,**<br>**2024** | **Year Ended**<br>**June 30,**<br>**2023** | **Year Ended**<br>**June 30,**<br>**2022** | **Period\* Ended**<br>**June 30,**<br>**2021** |
| Net asset value, beginning of year/period | $11.33 | $10.34 | $10.33 | $11.58 | $11.53 |
| Activity from investment operations: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (12) | 0.13 | 0.14 | 0.16 | 0.08 | 0.03 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain/(loss) on investments | 0.86 | 1.02 | (0.03) | (1.28) | 0.02 |
| Total from investment operations | 0.99 | 1.16 | 0.13 | (1.20) | 0.05 |
| &nbsp;&nbsp;&nbsp;Distribution to Shareholders from Ordinary Income | (0.16) | (0.17) | (0.12) | (0.05) | - |
| Total distributions | (0.16) | (0.17) | (0.12) | (0.05) | - |
| Net asset value, end of year/period | $12.16 | $11.33 | $10.34 | $10.33 | $11.58 |
| Total return (3) | 8.76% | 11.48% | 1.32% | (10.45)% | 0.43% |
| Net assets, end of year/period (000's) | $17480 | $17921 | $18840 | $21189 | $25386 |
| Ratio of expenses to average net assets (4) | 1.35% | 1.30% | 1.31%<sup>(5)</sup> | 1.40% | 1.17%<sup>(6)</sup> |
| Ratio of net investment income to average net assets (24) | 1.15% | 1.29% | 1.58% | 0.68% | 2.10%<sup>(6)</sup> |
| Portfolio Turnover Rate | 2% | 4% | 2% | 3% | 0%<sup>(7)</sup> |

---

\* The DGI Balanced Fund Class NT shares commenced operations on May 23, 2021.

(1) Per share amounts calculated
 using the average shares method, which more appropriately presents the per share data for the year/period.

(2) Recognition of net investment
 income by the Fund is affected by the timing of the declaration of dividends by the underlying investment companies in which the Fund
 invests.

(3) Total returns are historical
 and assume changes in share price and reinvestment of dividends, if any. Total returns for periods of less than one year are not annualized.

(4) Does not include the expenses
 of other investment companies in which the Fund invests, if any.

(5) Excludes the reversal of
 tax expenses accrued during the fiscal year ended June 30, 2022. Had this reversal been included, the ratio of expenses to average
 net assets would have been 1.16% for the fiscal year ended June 30, 2023.

(6) Annualized.

(7) Not Annualized.

See accompanying notes to financial statements.

**DGI Balanced Fund**

**NOTES TO FINANCIAL STATEMENTS**

**June 30, 2025**

**1.** **ORGANIZATION**

The DGI Balanced Fund (the "Fund") is a diversified series of shares of beneficial interest of DGI Investment Trust (the "Trust"), a collective investment trust formed and organized under the laws of the Commonwealth of Puerto Rico (the "Commonwealth" or "Puerto Rico") pursuant to a certain Deed of Constitution of Trust, dated January 28, 2021, as amended and restated from time to time (the "Deed of Trust"), and is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as a diversified, open-end management investment company. The Fund offers Class A, Class C, Class I, Class P, Class T, and Class NT shares. The Fund commenced investment operations for Class P, Class T, and Class NT shares on May 23, 2021. Class A, Class C, and Class I shares commenced investment operations on December 6, 2023. The Fund's investment objective is to seek long-term capital appreciation and current income. Investment in the Fund is intended for residents of Puerto Rico.

Class A shares are offered at net asset value plus a maximum sales charge of 3.50%. A contingent deferred sales charge ("CDSC") of 1.00% is assessed on redemptions of Class C shares made within one year after a purchase of such shares. Each class represents an interest in the same assets of the Fund and classes are identical except for differences in their sales charge structures and distribution charges. All classes of shares have equal voting privileges except that each class has exclusive voting rights with respect to its service and/or distribution plans. The Fund's income, expenses (other than class specific distribution fees) and realized and unrealized gains and losses are allocated proportionately each day based upon the relative net assets of each class.

**2.** **SIGNIFICANT ACCOUNTING POLICIES**

The following is a summary of significant accounting policies followed by the Fund in preparation of its financial statements. The policies are in conformity with U.S. generally accepted accounting principles in the United States of America ("U.S. GAAP"). The preparation of the financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses for the period. Actual results could differ from those estimates. The Fund is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board ("FASB") Accounting Standard Codification Topic 946 "Financial Services – Investment Companies".

**Operating Segments -** The Fund has adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures ("ASU 2023-07"). Adoption of the standard impacted financial statement disclosures only and did not affect the Fund's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available. The CODM is comprised of the portfolio manager and Chief Financial Officer of the Fund. The Fund operates as a single operating segment. The Fund's income, expenses, assets, changes in net assets resulting from operations and performance are regularly monitored and assessed as a whole by the CODM responsible for oversight functions of the Fund, using the information presented in the financial statements and financial highlights.

**Securities Valuation –** The Fund's assets will be valued based upon market quotations when such quotations are available. A security listed or traded on any exchange in the United States will be valued at its last sales price on the principal exchange on which it is traded prior to the time the assets of the Fund are valued. If no sale is reported at that time or the security is traded in the over-the-counter ("OTC") market, the most recent bid will be used for purposes of the valuation. Assets for which market quotations are not readily available will be valued at fair value as determined in good faith by the Fund's investment adviser, pursuant to procedures approved by the Board of Trustees of the Trust (the "Board"). Debt securities (other than short-term obligations) are valued each day by an independent pricing service approved by the Board based on methods which include consideration of: yields or prices of securities of comparable quality, coupon, maturity and type, indications as to values from dealers, and general market conditions or market quotations from a major market maker in the securities. Investments valued in currencies other than the U.S. dollar are converted to U.S. dollars using exchange rates obtained from pricing services. Short-term debt obligations having 60 days or less remaining until maturity, at time of purchase, may be valued at amortized cost. These prices may change depending on market conditions.

**DGI Balanced Fund**

**NOTES TO FINANCIAL STATEMENTS (Continued)**

**June 30, 2025**

**Exchange Traded Funds –** The Fund may invest in exchange traded funds ("ETFs"). ETFs are a type of index fund bought and sold on a securities exchange. An ETF trades like common stock and represents a fixed portfolio of securities designed to track the performance and dividend yield of a particular domestic or foreign market index. The Fund may purchase an ETF to temporarily gain exposure to a portion of the U.S. or a foreign market. The risks of owning an ETF generally reflect the risks of owning the underlying securities they are designed to track, although the lack of liquidity on an ETF could result in it being more volatile. Additionally, ETFs have fees and expenses that reduce their value.

The Fund utilizes various methods to measure the fair value of all of its investments on a recurring basis. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of input are:

**Level 1** – Unadjusted quoted prices in active markets for identical assets and liabilities that the Fund has the ability to access.

**Level 2** – Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument in an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

**Level 3** – Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available; representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The following tables summarize the inputs used as of June 30, 2025 for the Fund's assets and liabilities measured at fair value:

**DGI Balanced Fund**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Assets \*** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Common Stock | $9918900 | $- | $- | $9918900 |
| Exchange Traded Funds | 154971836 |  |  | 154971836 |
| Collateralized Mortgage Obligations |  | 69876 |  | 69876 |
| U.S. Government & Agencies |  | 105203029 |  | 105203029 |
| Short-Term Investments | 29324231 | 3931028 | - | 33255259 |
| &nbsp;&nbsp;&nbsp;Total | $194214967 | $109203933 | $- | $303418900 |

---

\* Refer to the Schedule of Investments for classification.

The Fund did not hold any Level 3 securities during the period.

**Security Transactions and Investment Income** – Security transactions are accounted for on a trade date basis. Interest income is recognized on an accrual basis. Discounts are accreted and premiums are amortized on securities purchased over the lives of the respective securities using the effective interest method. Dividend income is recorded on the ex-dividend date. Withholding taxes on foreign dividends have been provided for in accordance with the Fund's understanding of the applicable country's tax rules and rates. The Fund files for tax reclaims for the refund of such withholding taxes according to tax treaties. Tax reclaims that are deemed collectible are booked as tax reclaim receivable on the Statement of Assets and Liabilities. Realized gains or losses from sales of securities are determined by comparing the identified cost of the security lot sold with the net sales proceeds.

**DGI Balanced Fund**

**NOTES TO FINANCIAL STATEMENTS (Continued)**

**June 30, 2025**

**Dividends and Distributions** – The Fund expects to declare and distribute all of its net investment income, if any, to shareholders as dividends at least annually. The amount of any distribution will vary, and there is no guarantee the Fund will pay either an income dividend or a capital gains distribution. Distributions will be reinvested in shares of the Fund, unless otherwise directed by the shareholder. Generally, distributions within taxable accounts are taxable events for shareholders whether the distributions are received in cash or reinvested.

Dividends consisting of Ordinary Dividends to individual shareholders will be distributed net of the 15% tax imposed by the Puerto Rico Internal Revenue Code of 2011, as amended (the "PR Code"), which will be automatically withheld at source by the Fund. All dividend distributions by the Fund to a tax advantaged account, such as a Puerto Rico tax-qualified retirement plan or IRA account, will be made on a gross basis, without any tax withholding, and will be reinvested automatically in shares of the Fund. Such distributions may be taxed as ordinary income when withdrawn from the tax-advantaged account.

In general, the Fund's distributions will be subject to Puerto Rico income taxes as dividend income, capital gains, or some combination of both, unless you are investing through a tax advantaged arrangement, such as a Puerto Rico tax-qualified retirement plan or an IRA, in which case your distributions may be taxed as ordinary income when withdrawn from the tax-advantaged account. Such distributions will also be subject to U.S. federal income taxes and the passive foreign investment company ("PFIC") rules if received by a U.S. person not residing in Puerto Rico. Distributions to residents of Puerto Rico who own, directly or indirectly, less than 10% of the total shares of the Fund will not be subject to U.S. federal income taxes on dividends received from the Fund.

**Taxation** – The Fund recognizes the tax benefits of uncertain tax positions only where the position is more likely than not to be sustained on its merits in examination by the tax authorities. Management has analyzed the Fund's tax positions, and has concluded that no liability should be recorded related to uncertain tax positions taken on returns filed for open tax years. As of June 30, 2025, there were no uncertain tax positions for the Fund or unrecognized tax benefits. The Fund remains subject to income tax examinations for its PR income taxes filed for the fiscal years 2022 to 2024, or expected to be filed in 2025. The Fund recognizes interest and penalties, if any, on the Statement of Operations. For the year ended June 30, 2025, the Fund did not incur any interest or penalties.

**Cash –** The Fund considers its investment in an FDIC insured interest bearing savings account to be cash. The Fund maintains cash balances, which, at times, may exceed federally insured limits. The Fund maintains these balances with a high-quality financial institution.

**Net Asset Value** – The net asset value per share of the Fund is determined as of the close of regular trading on each day that the New York Stock Exchange is open for business by adding the asset value of all securities and other assets of the Fund, then subtracting its liabilities, and then dividing the result by the total number of shares outstanding.

**Indemnification** – The Fund indemnifies its officers and Trustees for certain liabilities that may arise from the performance of their duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties and which provide general indemnities. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund that have not yet occurred. However, based on experience, the risk of loss due to these warranties and indemnities appears to be remote.

**3.** **INVESTMENT TRANSACTIONS AND ASSOCIATED RISKS**

For the year ended June 30, 2025, the aggregate purchases and sales of investments (excluding U.S. Government securities and short-term investments) were $0 and $10,053,103, respectively. For the year ended June 30, 2025, the aggregate purchases and sales of U.S. Government securities were $4,899,778 and $13,210,089, respectively.

The Fund is subject to the risks of investing in equity securities. Equity securities are subject to changes in value, and their values may be more volatile than other asset classes, as a result of such factors as a company's business performance, investor perceptions, stock market trends and general economic conditions. The Fund may invest in smaller companies, which may be subject to more abrupt or erratic market movements than stocks of larger, more established companies. The Fund may also invest in large-cap stocks, which as a group could fall out of favor with the market, causing the Fund to underperform investments that focus solely on small- or medium-capitalization stocks. Large cap companies may trail the returns of the overall stock market. The Fund may also invest in investment companies and exchange-traded funds ("ETFs"),

**DGI Balanced Fund**

**NOTES TO FINANCIAL STATEMENTS (Continued)**

**June 30, 2025**

which may not achieve their investment objectives or execute their investment strategies effectively, or a large purchase or redemption activity by shareholders might negatively affect the value of the shares.

The Fund may also invest in mortgage- and asset-backed securities, which are subject to credit and interest rate risks, as well as extension and prepayment risks. Rising interest rates tend to extend the duration of mortgage-related securities, making them more sensitive to changes in interest rates. As a result, in a period of rising interest rates, if the Fund holds mortgage-related securities, it may exhibit additional volatility. When interest rates decline, the value of mortgage-related securities with prepayment features may not increase as much as other fixed-income securities because borrowers may pay off their mortgages sooner than expected. Moreover, to the extent the Fund invests in FHA/VA Mortgage Securities, the yield of the shares will depend in some part on the rate at which principal payments are made on such securities, which in turn will depend on the rate at which principal prepayments are made on the underlying mortgage loans. These securities also are subject to risk of default on the underlying mortgage or asset, particularly during periods of economic downturn. Small movements in interest rates (both increases and decreases) may quickly and significantly reduce the value of certain mortgage-backed securities.

The Fund may also invest in debt securities, which are subject to similar risks. For instance, increases in the federal funds rate may expose fixed-income and related markets to heightened volatility and may reduce liquidity for certain Fund investments, which could cause the value of the Fund's investments and share price to decline. The Fund may invest in corporate debt securities, which are subject to the risk of the issuer's inability to meet principal and interest payments on the obligations and may also be subject to price volatility due to factors such as market interest rates, market perception of the creditworthiness of the issuer and general market liquidity. The market value of a debt security generally reacts inversely to interest rate changes. Furthermore, issuers of fixed-income securities could default or be downgraded if they fail to make required payments of principal or interest. The Fund only invests in investment grade securities; however, the Fund will not be required to dispose of a debt that has its rating downgraded subsequent to the Fund's purchase.

The Fund may invest in U.S. government obligations, which have different levels of credit support and, therefore, different degrees of credit risk. The U.S. government does not guarantee the market value of the securities it issues, so those values may fluctuate. In addition, the payment obligations on certain securities in which the Fund may invest, including securities issued by certain U.S. Government agencies and U.S. Government sponsored enterprises, are not guaranteed by the U.S. Government or supported by the full faith and credit of the United States.

In the event that the Fund invests a significant portion of its assets in the Commonwealth of Puerto Rico ("Puerto Rico"), the Fund would be more susceptible to factors adversely affecting Puerto Rico. Puerto Rico's economy suffered a severe and prolonged recession from 2007 to 2017, with real gross national product contracting approximately 15% during this period. Since 2017, Puerto Rico and several of its instrumentalities have entered debt-restructuring proceedings under Titles III and VI of the Puerto Rico Oversight, Management & Economic Stability Act ("PROMESA"). Having restructured most of its debts, Puerto Rico emerged from its Title III restructuring with a plan of adjustment that was confirmed by the court on January 18, 2022. However, the Puerto Rico Electric Power Authority, one of the largest Title III debt-restructurings, has not yet emerged from bankruptcy under PROMESA. Puerto Rico is also susceptible to hurricanes, major storms and earthquakes that affect the local economy and its population has declined over the past decade. Therefore, any factors affecting Puerto Rico will have a greater effect on the Fund's performance than they would in a more geographically diversified fund.

Overall, the value of stocks and other securities can be highly volatile, and prices may fluctuate widely, which means you should expect a wide range of returns and could lose money, even over a long time period. Various economic, industry, regulatory, political, or other factors (such as natural disasters, epidemics and pandemics, war, terrorism, conflicts or social unrest) may disrupt U.S. and world economies and can dramatically affect markets generally, certain industry sectors, and/or individual companies.

**4.** **INVESTMENT ADVISORY AGREEMENT AND TRANSACTION WITH RELATED PARTIES**

Oriental Trust (the "Adviser"), a separately identifiable division of Oriental Bank, acts as investment adviser to the Fund under an investment advisory agreement (the "Advisory Agreement") with the Fund. Under the Advisory Agreement, the Fund pays to the Adviser a monthly advisory fee at an annual rate of 0.93% of its average daily net assets. Pursuant to the advisory agreement, the Fund incurred $2,778,966 in advisory fees for the year ended June 30, 2025.

**DGI Balanced Fund**

**NOTES TO FINANCIAL STATEMENTS (Continued)**

**June 30, 2025**

The Trust has adopted a Distribution Plan (the "Plan") pursuant to Rule 12b- 1 under the 1940 Act. The Plan provides that a monthly service and/or distribution fee is calculated by the Fund at an annual rate of 0.25% of its average daily net assets for Class A shares and 1.00% of its average daily net assets for Class C shares and is paid to Northern Lights Distributors, LLC (the "Distributor") to provide compensation for ongoing shareholder servicing and distribution-related activities or services and/or maintenance of the Fund's shareholder accounts not otherwise required to be provided by the Advisor. For the year ended June 30, 2025, $5,669 and $11 of 12b-1 fees were accrued for Class A shares and Class C shares, respectively.

The Distributor acts as the Fund's principal underwriter in a continuous public offering of the Fund's Class A, Class C, and Class I shares. For the year ended June 30, 2025, the Distributor received $45,874 in underwriting commissions for sales of Class A shares, of which none was retained by the principal underwriter for Class A shares.

In addition, certain affiliates of the Distributor provide ancillary services to the Fund as follows:

Pursuant to a separate servicing agreement with Ultimus Fund Solutions, LLC ("UFS"), an affiliate of the Distributor, the Fund pays UFS fees for providing administration, fund accounting and transfer agency services to the Fund. Certain officers of the Trust are also officers of UFS, and are not paid any fees directly by the Fund for serving in such capacities.

<u>Northern Lights Compliance Services, LLC ("NLCS")</u>, an affiliate of the Distributor and UFS, provides a Chief Compliance Officer to the Trust, as well as related compliance services, pursuant to a consulting agreement between NLCS and the Trust. Under the terms of such agreement, NLCS receives fees from the Fund.

<u>Blu Giant, LLC ("Blu Giant")</u>, an affiliate of the Distributor and UFS, provides EDGAR conversion and filing services as well as print management services for the Fund on an ad-hoc basis. For the provision of these services, Blu Giant receives fees from the Fund.

Certain officers and directors of the Fund are also officers and directors of the Adviser. The Fund also has three independent directors, who are paid based upon fees per meeting and disclosed in the Prospectus. For the year ended June 30, 2025, the independent directors received $52,688 in fees.

**5.** **TAX INFORMATION**

The Fund is intended solely for residents of Puerto Rico. The Fund will be treated as a registered investment company under the PR Code. As such, the Fund will be exempt from Puerto Rico income tax for a taxable year if it distributes to its shareholders at least 90% of its net income for the taxable year within the time period provided by the PR Code.

The Fund will be treated as a PFIC under the United States Internal Revenue Code of 1986, as amended (the "US Code"). As such, the Fund will not qualify as a regulated investment company under Subchapter M of the US Code and will be treated as a non-U.S. corporation whose only business activity in the United States is trading in stocks or securities for its own account; which, under the US Code, does not constitute engaging in the conduct of a trade or business within the United States, even if its principal office is located therein. As a result, the Fund will be subject to U.S. federal income tax withholding only with respect to certain types of income from United States sources considered fixed, determinable, annual and periodic income (such as dividends and interest paid by U.S. payors).

In general, the Fund's distributions will be subject to Puerto Rico income taxes as dividend income, capital gains, or some combination of both, unless you are investing through a tax-advantaged arrangement, such as a Puerto Rico tax-qualified retirement plan or an IRA, in which case your distributions may be taxed as ordinary income when withdrawn from the tax-advantaged account. Such distributions will also be subject to U.S. federal income taxes and the PFIC rules if received by a U.S. person not residing in Puerto Rico. Distributions to residents of Puerto Rico who own, directly or indirectly, less than 10% of the total shares of the Fund will not be subject to U.S. federal income taxes.

**DGI Balanced Fund**

**NOTES TO FINANCIAL STATEMENTS (Continued)**

**June 30, 2025**

**6.** **TAX COMPONENTS OF CAPITAL**

The tax attributes of distributions paid during the fiscal years ended June 30, 2025 and June 30, 2024, were as follows:

---

| | | |
|:---|:---|:---|
|  | **Fiscal Year Ended<br> June 30,<br> 2025** | **Fiscal Year Ended<br> June 30,<br> 2024** |
| Ordinary Income | $4036758 | $4748136 |
| Long-Term Capital Gain |  |  |
| Return of Capital | - | - |
| &nbsp;&nbsp;&nbsp;Total | $4036758 | $4748136 |

---

The Fund's net investment income and net realized gain (loss) on investments reflected in the financial statements differ from distributable net investment income and net realized gain (loss) on investments for tax purposes. Permanent book and tax differences are primarily attributable to the tax adjustments for paydowns from mortgage-backed securities, as follows:

---

| | |
|:---|:---|
|  | **2025** |
| Net investment income per statement of operations | $3453842 |
| Reclassification of realized loss on securities' paydown for tax purposes | 165844 |
| Distributable net investment income for tax purposes | $3619686 |

---

---

| | |
|:---|:---|
| Net realized gain on investments per statement of operations | $4437337 |
| Reclassification of realized loss on securities' paydown for tax purposes | (165844) |
| Net realized gain on investments for tax purposes | $4271493 |

---

The undistributed net investment income and accumulated net realized gain on investments (tax basis) at June 30, 2024, was as follows:

---

| | |
|:---|:---|
|  | **2025** |
| Undistributed net investment income, beginning of the year | $1862043 |
| Net investment income for the year | 3619686 |
| Distributions | (4036758) |
| Undistributed net investment income, end of the year | $1444971 |

---

---

| | |
|:---|:---|
| Accumulated net realized gain on investments, beginning of the year | $17118452 |
| Net realized gain on investments for the year, tax basis | 4271493 |
| Distributions | - |
| Undistributed realized gain, end of the year, tax basis | $21389945 |

---

**7.** **CONTROL OWNERSHIP**

The beneficial ownership, either directly or indirectly, of more than 25% of the voting securities of the Fund creates presumption of control of the Fund, under Section 2(a) 9 of the 1940 Act. As of June 30, 2025, Pershing, holding shares for the benefit of others in nominee name, held approximately 99.2% of the voting securities of the Fund.

**8.** **SUBSEQUENT EVENTS**

Subsequent events after the date of the Statement of Assets and Liabilities have been evaluated through the date the financial statements were issued. Management has determined that no events or transactions occurred requiring adjustment or disclosure in the financial statements.

![](img_002.jpg)

**<u>REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</u>**

To the Shareholders of DGI Balanced Fund and Board of Trustees of

DGI Investment Trust

Opinion on the Financial Statements

We have audited the accompanying statement of assets and liabilities, including the schedule of investments, of DGI Balanced Fund, a series of shares of beneficial interest in DGI Investment Trust (the "Fund") as of June 30, 2025, the related statement of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, the financial highlights for each of the three years in the period then ended, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of June 30, 2025, the results of its operations for the year then ended, the changes in net assets for each of the two years in the period then ended, and the financial highlights for each of the three years in the period then ended, in conformity with accounting principles generally accepted in the United States of America.

The Fund's financial highlights for the periods ended June 30, 2022, and prior, were audited by other auditors whose report dated August 29, 2022, expressed an unqualified opinion on those financial highlights.

Basis for Opinion

These financial statements are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of June 30, 2025, by correspondence with the custodian and broker. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

We have served as the Fund's auditor since 2023.

![](img_003.jpg)

COHEN & COMPANY, LTD.

Philadelphia, Pennsylvania

September 2, 2025

![](img_004.jpg)

**DGI Balanced Fund**

**ADDITIONAL INFORMATION (Unaudited)**

**June 30, 2025**

**Changes in and Disagreements with Accountants**

Not applicable

**Proxy Disclosures**

Not applicable

**Remuneration Paid to Directors, Officers and Others**

Refer to the financial statements included herein.

**Statement Regarding Basis for Approval of Investment Advisory Agreement (Unaudited)**

**Factors Considered by the Trustees in the Approval of the Renewal of the Investment Advisory Agreement**

At a meeting held on June 3, 2024 (the "Meeting"), the Board of Trustees (the "Board" or "Trustees") of DGI Investment Trust (the "Trust"), including the Trustees who are not "interested persons" of the Trust (the "Independent Trustees"), as that term is defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended (the "1940 Act"), considered the approval of the Amended and Restated Investment Advisory Agreement (the "Advisory Agreement") for a one-year period between the Trust, on behalf of the DGI Balanced Fund (the "Fund"), and Oriental Trust, a separately identifiable division of Oriental Bank ("Oriental Trust" or the "Adviser"). The Board noted that the Adviser would be the Trust Department of Oriental Bank, which is a wholly owned subsidiary of OFG Bancorp ("OFG"), a publicly traded financial holding company.

Prior to making this approval, the Board considered the materials and presentations related to the Advisory Agreement provided by the Adviser, which included the qualifications of Oriental Trust to serve as investment adviser to the Fund and other information requested by the Independent Trustees in advance of, and at, the Meeting. The Board also acknowledged that no material changes were being made to the Advisory Agreement and that the services and fees for the Fund would remain the same as under the Advisory Agreement. Additionally, the Trustees received assistance and advice from counsel to the Trust and the Independent Trustees ("Counsel") regarding legal and industry standards in connection with their duties and responsibilities when approving an investment advisory agreement, including the specific duties imposed on the Board under the 1940 Act. The Independent Trustees also met separately with Counsel.

The following summary does not identify all the matters considered by the Board, but provides a summary of the principal matters the Board considered in concluding that the fee payable to the Adviser was supported by the services that are provided to the Fund under the Advisory Agreement and approving the continuation of the Advisory Agreement.

**DGI Balanced Fund**

**ADDITIONAL INFORMATION (Unaudited)(Continued)**

**June 30, 2025**

*Nature, Extent and Quality of the Services; Fund Performance*

The Board received and considered information regarding the nature, extent and quality of services provided to the Fund under the Advisory Agreement. The Board reviewed, among other items, certain background materials supplied by the Adviser.

The Board reviewed and considered the Adviser's history as an asset manager, its performance and the amount of assets currently under management by the Adviser, and reviewed the qualifications, background and responsibilities of the portfolio manager who is responsible for the day-to-day portfolio management of the Fund and the extent of the resources devoted to research and analysis of actual and potential investments. The Board also considered the investment approach utilized by the Adviser and compliance with the investment objective, policies and restrictions of the Fund. The Board also considered the Adviser's experience and expertise with respect to Puerto Rico investment vehicles and in providing investment management services catering to Puerto Rico residents. The Board also reviewed accompanying compliance-related materials with respect to the Trust and noted that they received reports on these services and compliance issues from Trust officers and the Adviser periodically throughout the year.

The Board then reviewed the performance information for the Fund over various periods since the inception of the Fund on May 23, 2021. The Board reviewed the one-month, three-month, six-month, and year-to-date performance for the periods ended December 31, 2024. The Board noted that the Balanced Fund had underperformed its benchmark the DGI Blended Benchmark (50% Bloomberg US Aggregate Bond Index/50% SP 500 Total Return Index) for each of the periods, but also considered differences between the portfolio holdings of the Fund and the components of the index. The Board also reviewed the Fund's performance against a peer universe of funds taken from data maintained by a third party (the "Peer Universe"), which reflected blended funds with between 30-50% of the assets in equity. The Board noted that the Fund slightly underperformed the average and median performance of the Peer Universe for the 1- and 3-year periods, but was also above the 25<sup>th</sup> percentile of the Peer Universe for the same periods. The Board also considered the annualized total returns for the predecessor fund. In connection with their review, the Board noted the challenging market environment and the Adviser's explanation that the Fund's performance was generally in line with expectations given the risk profile of the Fund.

Taking into account the totality of the information considered, the Board concluded that the nature, extent and quality of services rendered by the Adviser to the Trust supported the renewal of the Advisory Agreement.

**DGI Balanced Fund**

**ADDITIONAL INFORMATION (Unaudited)(Continued)**

**June 30, 2025**

*Adviser's Costs and Profitability*

The Board reviewed the profitability analysis provided by the Adviser. In that regard, the Board was provided with information regarding the gross advisory fee received by the Adviser, as well as the extent to which internal OFG Bancorp expenses are allocated in connection with such analysis. The Board was also provided with the audited financial statements of Oriental Bank and the Annual Report for its financial holding company OFG Bancorp. The Board noted that both Oriental Bank and OFG Bancorp are considered well capitalized under bank regulatory frameworks supervised by the Federal Deposit Insurance Corporation and the Federal Reserve Bank of New York. The Board concluded that the Adviser's profitability in connection with its management of the Fund is not unreasonable.

*Economies of Scale; Breakpoints*

The Board next considered the impact of economies of scale on the Fund's size and whether the advisory fee level reflects those economies of scale for the benefit of the Fund's investors. In light of its ongoing consideration of the Fund's asset levels, expectations for growth in the Fund, and fee levels, the Board determined that the Fund's fee arrangements, in light of all the facts and circumstances, were fair and reasonable in relation to the nature and quality of the services provided by the Adviser.

*Comparative Fees and Expenses*

The Board reviewed the comparative Peer Universe expense information provided by the Adviser. The Board reviewed the management fees for the peer group average, peer group median, and the highest in the peer group. It noted that, although the fee payable to the Adviser is higher than the median and average of the Fund's peer group and falls within the twenty-fifth percentile of comparable funds, it is lower than the highest fee in such peer group. The Board noted, however, that the Fund's overall net expense ratio (with respect to Class T, P, NT, and I Shares was at the fiftieth percentile of the comparable funds. The Board acknowledged that the Fund differs from its peer group due to the unique issues of being organized as a Puerto Rican fund subject to the Puerto Rico tax regime. The Board also considered the nature and structure of other funds in the Peer Universe, noting the Adviser's explanation that certain funds had different advisory structures or were "fund-of-funds" and consequently had differing fee structures as a result.

After consideration of the foregoing factors, and such other matters as were deemed relevant, and with no single factor being determinative to their decision, the Board—including a majority of the Independent Trustees with the assistance of independent counsel—approved the Advisory Agreement and concluded that the investment advisory fee structure provided for in the Advisory Agreement was fair and reasonable.

**INVESTMENT ADVISER**

Oriental Trust

254 Munoz Rivera Avenue, 10<sup>th</sup> Floor

San Juan, Puerto Rico 00918

**ADMINISTRATOR**

Ultimus Fund Solutions, LLC

225 Pictoria Drive, Suite 450

Cincinnati, OH 45246

**Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.** 

Not applicable

**Item 9. Proxy Disclosures for Open-End Management Investment Companies.**

Not applicable

**Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.**

Included under Item 7

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.**

Included under Item 7

**Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.**

Not applicable

**Item 13. Portfolio Managers of Closed-End Management Investment Companies.**

Not applicable

**Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.**

Not applicable

**Item 15. Submission of Matters to a Vote of Security Holders.**

None

**Item 16. Controls and Procedures.**

(a) The registrant's Principal
 Executive Officer and Principal Financial Officer have concluded that the registrant's disclosure controls and procedures (as defined
 in Rule 30a-3(c) under the Act) are effective in design and operation and are sufficient to form the basis of the certifications required
 by Rule 30a-(2) under the Act, based on their evaluation of these disclosure controls and procedures as of a date within 90 days of this
 report on Form N-CSR.

(b) There were no changes in the registrant's
 internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) during the period covered by this report that have
 materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

**Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.**

Not applicable

**Item 18. Recovery of Erroneously Awarded Compensation.** 

(a) Not applicable

(b) Not applicable

**Item 19. Exhibits.**

(a)(1) [Code of Ethics for Principal Executive and Senior Financial Officers.](coe.htm)

(a)(2) Not applicable

(a)(3) A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2(a)): [Attached hereto](dgi_ex99cert.htm).

(a)(4) Not applicable

(b) Certifications required by Rule
 30a-2(b) under the Act (17 CFR 270.30a-2(b)): [Attached hereto](dgi_ex99-906cert.htm)

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) DGI
 Investment Trust

---

| | |
|:---|:---|
| By (Signature and Title) | By (Signature and Title) |
| /s/ Ramon Rosado-Linera | /s/ Ramon Rosado-Linera |
| Ramon Rosado-Linera, Principal Executive Officer/President | Ramon Rosado-Linera, Principal Executive Officer/President |
| Date | 9/5/25 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By (Signature and Title) | By (Signature and Title) |
| /s/ Ramon Rosado-Linera | /s/ Ramon Rosado-Linera |
| Ramon Rosado-Linera, Principal Executive Officer/President | Ramon Rosado-Linera, Principal Executive Officer/President |
| Date | 9/5/25 |

---

---

| | |
|:---|:---|
| By (Signature and Title) | By (Signature and Title) |
| /s/ Maritza Arizmendi Diaz | /s/ Maritza Arizmendi Diaz |
| Maritza Arizmendi Diaz, Principal Financial Officer/Treasurer | Maritza Arizmendi Diaz, Principal Financial Officer/Treasurer |
| Date | 9/5/25 |

---

## Ex-99.Code

**Appendix 8.G.3 Code of Ethics for Principal Executive and Senior Financial Officer**

**CODE OF ETHICS FOR PRINCIPAL EXECUTIVE AND SENIOR FINANCIAL OFFICER**

I. This Code of Ethics (this "Code") for the DGI Investment Trust (the "Company")
applies to the Company's Chief Executive Officer, and Chief Financial Officer ("Covered Officers") for the purpose of
promoting:

&nbsp;&nbsp;&nbsp;&nbsp;· honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest
between personal and professional relationships.

&nbsp;&nbsp;&nbsp;&nbsp;· full, fair, accurate, timely and understandable disclosure in reports and documents that a registrant
files with, or submits to, the Securities and Exchange Commission ("SEC") and in other public communications made by the Company;

&nbsp;&nbsp;&nbsp;&nbsp;· compliance with applicable laws and governmental rules and regulations;

&nbsp;&nbsp;&nbsp;&nbsp;· prompt internal reporting of violations of the Code to an appropriate person or persons identified in
the Code; and

&nbsp;&nbsp;&nbsp;&nbsp;· accountability for adherence to the Code.

Each Covered Officer should adhere to a high standard of business ethics and should be sensitive to situations that may give rise to actual as well as apparent conflicts of interest.

II. **Covered Officers Should Handle Ethically Actual and Apparent Conflicts of Interest** 

***Overview***. A "conflict of interest" occurs when a Covered Officer's private interest interferes with the interests of, or his service to, the Company. For example, a conflict of interest would arise if a Covered Officer, or a member of his family, receives improper personal benefits as a result of his position with the Company.

Certain conflicts of interest arise out of the relationships between Covered Officers and the Company and already are subject to conflict of interest provisions in the Investment Company Act of 1940 ("Investment Company Act") and the Investment Advisers Act of 1940 ("Investment Advisers Act"). For example, Covered Officers may not individually engage in certain transactions (such as the purchase or sale of securities or other property) with the Company because of their status as "affiliated persons" of the Company. The Company's and the investment adviser's compliance programs and procedures are designed to prevent, or identify and correct, violations of these provisions. This Code does not, and is not intended to, repeat or replace these programs and procedures, and such conflicts fall outside the parameters of this Code.

Although typically not presenting an opportunity for improper personal benefit, conflicts arise from, or as a result of, the contractual relationship between the Company and the investment

adviser of which the Covered Officers are also officers or employees. As a result, this Code recognizes that the Covered Officers will, in the normal course of their duties (whether formally for the Company or for the adviser, or for both), be involved in establishing policies and implementing decisions that will have different effects on the adviser and the Company. The participation of the Covered Officers in such activities is inherent in the contractual relationship between the Company and the adviser and is consistent with the performance by the Covered Officers of their duties as officers of the Company. Thus, if performed in conformity with the provisions of the Investment Company Act and the Investment Advisers Act, such activities will be deemed to have been handled ethically. In addition, it is recognized by the Company's Board of Trustees ("Board") that the Covered Officers may also be officers or employees of one or more other investment companies covered by this or other codes.

Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;· not use his personal influence or personal relationships improperly to influence investment decisions
or financial reporting by the Company whereby the Covered Officer would benefit personally to the detriment of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;· not cause the Company to take action, or fail to take action, for the individual personal benefit of the
Covered Officer rather than the benefit of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;· not use material non-public knowledge of portfolio transactions made or contemplated for the Company to
trade personally or cause others to trade personally in contemplation of the market effect of such transactions.

There are some conflict of interest situations that should always be approved by the Trust's Audit Committee (the "Committee"), if material. Examples of these include:

&nbsp;&nbsp;&nbsp;&nbsp;· service as a director on the board of any company;

&nbsp;&nbsp;&nbsp;&nbsp;· the receipt of any entertainment or non-nominal gift by the Covered Officer or a member of his or her
family from any company with which the Company has current or prospective business dealings unless such entertainment or gift is business-related,
reasonable in cost, appropriate as to time and place, and not so frequent as to raise any question of impropriety;

&nbsp;&nbsp;&nbsp;&nbsp;· any ownership interest in, or any consulting or employment relationship with, any of the Company's
service providers, other than its investment adviser, principal underwriter, or any affiliated person thereof;

&nbsp;&nbsp;&nbsp;&nbsp;· a direct or indirect financial interest in commissions, transaction charges or spreads paid by the Company
for effecting portfolio transactions or for selling or redeeming shares other than an interest arising from the Covered Officer's
employment, such as compensation or equity ownership.

III. **Disclosure and Compliance** 

&nbsp;&nbsp;&nbsp;&nbsp;· Each Covered Officer should familiarize himself with the disclosure requirements generally applicable
to the Company;

&nbsp;&nbsp;&nbsp;&nbsp;· each Covered Officer should not knowingly misrepresent, or cause others to misrepresent, facts about the
Company to others, whether within or outside the Company, including to the Company's directors/trustees and auditors, and to governmental
regulators and self-regulatory organizations;

&nbsp;&nbsp;&nbsp;&nbsp;· each Covered Officer should, to the extent appropriate within his area of responsibility, consult with
other officers and employees of the Fund and the adviser with the goal of promoting full, fair, accurate, timely and understandable disclosure
in the reports and documents the Fund files with, or submit to, the SEC and in other public communications made by the Fund; and

&nbsp;&nbsp;&nbsp;&nbsp;· it is the responsibility of each Covered Officer to promote compliance with standards and restrictions
imposed by applicable laws, rules and regulations.

IV. **Reporting and Accountability** 

Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;· upon adoption of the Code (thereafter as applicable, upon becoming a Covered Officer), affirm in writing
to the Board that he has received, read and understands the Code;

&nbsp;&nbsp;&nbsp;&nbsp;· annually thereafter affirm to the Board that he has complied with the requirements of the Code;

&nbsp;&nbsp;&nbsp;&nbsp;· not retaliate against any other Covered Officer or any employee of the Fund or their affiliated persons
for reports of potential violations that are made in good faith; and

&nbsp;&nbsp;&nbsp;&nbsp;· notify the Committee promptly if he knows of any violation of this Code. Failure to do so is itself a
violation of this Code.

The Committee is responsible for applying this Code to specific situations in which questions are presented under it and has the authority to interpret this Code in any particular situation. However, any waivers sought by a Covered Officer will be considered by the Independent Trustees.

The Company will follow these procedures in investigating and enforcing this Code:

&nbsp;&nbsp;&nbsp;&nbsp;· the Committee will take all appropriate action to investigate any potential violations reported to the
Committee;

&nbsp;&nbsp;&nbsp;&nbsp;· if, after such investigation, the Committee believes that no violation has occurred, the Committee is
not required to take any further action;

&nbsp;&nbsp;&nbsp;&nbsp;· any matter that the Committee believes is a violation will be reported to all of the Independent Trustees;

&nbsp;&nbsp;&nbsp;&nbsp;· if the Independent Trustees concur that a violation has occurred, they will consider appropriate action,
which may include review of, and appropriate modifications to, applicable policies and procedures; notification to appropriate personnel
of the investment adviser or its board; or a recommendation to dismiss the Covered Officer;

&nbsp;&nbsp;&nbsp;&nbsp;· the Independent Trustees will be responsible for granting waivers, as appropriate; and

&nbsp;&nbsp;&nbsp;&nbsp;· any changes to or waivers of this Code will, to the extent required, be disclosed as provided by SEC rules.

V. **Other Policies and Procedures** 

This Code shall be the sole Code of Ethics adopted by the Company for purposes of Section 406 of the Sarbanes-Oxley Act and the rules and forms applicable to registered investment companies thereunder. Insofar as other policies or procedures of the Company, the Company's investment adviser, principal underwriter, or other service providers govern or purport to govern the behavior or activities of the Covered Officers who are subject to this Code, they are superseded by this Code to the extent that they overlap or conflict with the provisions of this Code. The Company and its investment advisers' and principal underwriters' codes of ethics under 17j-1 under the Investment Company are separate requirements applying to the Covered Officers and others, and are not part of this Code.

VI. **Amendments** 

Any amendments to this Code, other than amendments to Exhibit A, must be approved or ratified by a majority vote of the Board, including a majority of Independent Trustees.

VII. **Confidentiality** 

All reports and records prepared or maintained pursuant to this Code will be considered confidential and shall be maintained and protected accordingly. Except as otherwise required by law or this Code, such matters shall not be disclosed to anyone other than the Independent Trustees and their counsel, the Company and its counsel and the Adviser and its counsel.

VIII. **Internal Use** 

The Code is intended solely for the internal use by the Company and does not constitute an admission, by or on behalf of any Company, as to any fact, circumstance, or legal conclusion.

## Ex-99.Cert

**Exhibit 99.CERT**

**Certification**

I, Ramon Rosado-Linera, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I
have reviewed this report on Form N-CSR of the DGI Balanced Fund;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered
by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects
the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include
a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The
registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as
defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule
30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The
registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's
board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | 9/5/25 | /s/ Ramon Rosado-Linera |
|  |  | Ramon Rosado-Linera<br> Principal Executive Officer/President |

---

**Certification**

I, Maritza Arizmendi Diaz, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I
have reviewed this report on Form N-CSR of the DGI Balanced Fund;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered
by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects
the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include
a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The
registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as
defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule
30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The
registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's
board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | 9/5/25 | /s/ Maritza Arizmendi Diaz |
|  |  | Maritza Arizmendi Diaz<br> Principal Financial Officer/Treasurer |

---

## Exhibit 99.906

**Exhibit 99.906 CERT**

**certification**

Ramon Rosado-Linera, Principal Executive Officer/President, and Maritza Arizmendi Diaz, Principal Financial Officer/Treasurer of DGI Investment Trust (the "Registrant"), each certify to the best of his knowledge that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The
Registrant's periodic report on Form N-CSR for the period ended June 30, 2025 (the "Form N-CSR") fully complies with
the requirements of Sections 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The
information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations
of the Registrant.

---

| | |
|:---|:---|
| Principal Executive Officer/President<br> DGI Investment Trust | Principal Financial Officer/Treasurer<br> DGI Investment Trust |
| /s/ Ramon Rosado-Linera | /s/ Maritza Arizmendi Diaz |
| Ramon Rosado-Linera | Maritza Arizmendi Diaz |

---

Date: <u>9/5/25</u> Date: <u>9/5/25</u>

A signed original of this written statement required by Section 906 of the Sarbanes-Oxley Act of 2002 has been provided to the DGI Investment Trust and will be retained by the DGI Investment Trust and furnished to the Securities and Exchange Commission (the "Commission") or its staff upon request.

This certification is being furnished to the Commission solely pursuant to 18 U.S.C. § 1350 and is not being filed as part of the Form N-CSR filed with the Commission.