10/31/2024 | Press release | Distributed by Public on 10/31/2024 13:35
THE ADVISORS' INNER CIRCLE FUND III (the "Trust")
Knights of Columbus U.S. All Cap Index Fund
(the "Fund")
Supplement dated October 31, 2024 to the Fund's Summary Prospectus and Prospectus,
each dated March 1, 2024, as supplemented May 7, 2024
This supplement provides new and additional information regarding the Fund beyond that contained in the Summary Prospectus and Prospectus and should be read in conjunction with the Summary Prospectus and Prospectus.
Important Notice Regarding Change in Investment Policy
On or around December 30, 2024 (the "Effective Date"), the Fund's 80% investment policy will change as follows:
Current 80% Investment Policy | New 80% Investment Policy |
Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities included in the Knights of Columbus U.S. All Cap Index and other instruments with economic characteristics similar to such securities. |
Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities included in the Bloomberg U.S. 3000 Catholic Values Index and other instruments with economic characteristics similar to such securities. |
In connection with the foregoing changes, the Fund also will make certain changes to its principal investment strategies and benchmark indices on or around the Effective Date. More information about these changes will be available in the Fund's Summary Prospectus and Prospectus each to be dated as of the Effective Date.
Please retain this supplement for future reference.
KOC-SK-010-0200