City National Rochdale Select Strategies Fund

12/12/2025 | Press release | Distributed by Public on 12/12/2025 13:50

Supplemental Prospectus (Form 424B3)

CITY NATIONAL ROCHDALE SELECT STRATEGIES FUND

Supplement dated December 12, 2025, to the Statement of Additional Information (the "SAI") dated May 30, 2025, as supplemented

Effective immediately, the Officers table in the "Trustees and Officers" section of the SAI beginning on page 34 is deleted in its entirety and replaced with the following:

Name and

Year of Birth

Position with the Trust

Term of

Office(1)

and Length

of Time

Served

Principal Occupation for the Past Five Years

Gregg Giaquinto

Year of Birth: 1967

President and Chief Executive Officer Since 2024 President and Chief Executive Officer, City National Rochdale Funds, City National Rochdale Select Strategies Fund (the "Select Strategies Fund"), and City National Rochdale Strategic Credit Fund (the "Strategic Credit Fund") (2024-present). President, City National Rochdale (2024 - present). Senior Managing Director, Client Services & Operations, City National Rochdale (2014-present).

Andrew Metzger

SEI Investments

One Freedom Valley Drive
Oaks, Pennsylvania 19456

Year of Birth: 1980

Treasurer (Principal Financial and Accounting Officer and Controller) Since 2021 Director of Fund Accounting, SEI Investments Company (2020- present). Treasurer (Principal Financial and Accounting Officer and Controller), City National Rochdale Funds, Select Strategies Fund and Strategic Credit Fund (April 2021-present). Senior Director, Embark Consulting, LLC (2019-2020). Senior Manager, PricewaterhouseCoopers LLP (2002-2019).

Christina M. Weber
Year of Birth: 1969

Chief Compliance Officer ("CCO") Since 2025

CCO, City National Rochdale Funds, Select Strategies Fund and Strategic Credit Fund (December 2025-present). CCO, RBC Global Asset Management (U.S.) Inc. (2018-present). CCO, RBC Funds (2012 to present). Assistant Secretary, RBC Funds (2013-2017). Senior Compliance Officer, RBC Funds (2012-2012).

Dan Auciello
Year of Birth: 1969
Anti-Money Laundering Officer ("AML Officer") and Identity Theft Program Officer ("ITP Officer") Since 2025 AML Officer and ITP Officer, City National Rochdale Funds, Select Strategies Fund and Strategic Credit Fund (September 2025-present). Senior Vice President, Money Laundering Reporting Officer, City National Rochdale Securities and City National Securities (2025-present) Managing Director, Chief BSA Officer Bank of China (2020-2025) Managing Director, Deputy Head of Financial Security BNP Paribas (2014-2020).

Mitchell Cepler

Year of Birth: 1982

Vice President and Assistant Treasurer Since 2016 Senior Vice President, Finance, City National Rochdale (2011-present); Vice President and Assistant Treasurer, City National Rochdale Funds (2015-present), Select Strategies Fund (2016- present), and Strategic Credit Fund (2018-present).

Frank Bonsignore

Year of Birth: 1967

Vice President

and Secretary

Since 2023 Mutual Funds Oversight Lead, City National Rochdale Funds, Select Strategies Fund and Strategic Credit Fund (2023-present). Secretary, City National Rochdale Funds, Select Strategies Fund and Strategic Credit Fund (2023-present). Director of Operations, BNY Mellon (1997-2023).

Matthew M. Maher

SEI Investments

One Freedom Valley Drive
Oaks, Pennsylvania 19456

Year of Birth: 1975

Assistant Secretary Since 2019 Counsel, SEI Investments Company (2018- present); Assistant Secretary, City National Rochdale Funds, Select Strategies Fund, and Strategic Credit Fund (2019-present); Attorney, Blank Rome LLP (2015-2018); Assistant Counsel and Vice President, Bank of New York Mellon (2013-2014); Attorney, Dilworth Paxson LLP (2006-2013).
(1) Each officer serves until removed by the Board or the principal executive officer of the Trust, or until such officer resigns.

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PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.

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