Toroso Newfound Tactical Allocation Fund to liquidate

TheShadow

http://www.sec.gov/Archives/edgar/data/1318342/000139834415004856/fp0015318_497.htm

497 1 fp0015318_497.htm

Toroso Newfound Tactical Allocation Fund

A series of Investment Managers Series Trust (the “Trust”)


Supplement dated August 3, 2015 to the

Summary Prospectus dated May 4, 2015,

Prospectus and Statement of Additional Information, both dated May 1, 2015

The Board of Trustees of the Trust has approved a Plan of Liquidation for the Toroso Newfound Tactical Allocation Fund (the “Fund”) which authorizes the termination, liquidation and dissolution of the Fund. In order to effect such liquidation, the Fund is closed to all new investment. Shareholders may redeem their shares until the date of liquidation.

The Fund will be liquidated on or about September 30, 2015 (the “Liquidation Date”). On or promptly after the Liquidation Date, the Fund will make a liquidating distribution to its remaining shareholders equal to each shareholder’s proportionate interest in the net assets of the Fund, in complete redemption and cancellation of the Fund’s shares held by the shareholder, and the Fund will be dissolved.

Please contact the Fund at 1-800-207-7108 if you have any questions or need assistance.

Please file this Supplement with your records.

Ted

@MFO Members: Very small AUM combined, with poor performance doomed this relatively new fund. I'm a strong believer in cleansing of the of the mutual fund gene pool, there are simply too many mutual funds.
Regards,
Ted

Another One Bites The Dust: Queen:

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