https://www.sec.gov/Archives/edgar/data/890540/000113542817000918/champlainmc-497.txtDOCUMENT>
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champlainmc-497.txt
THE ADVISORS' INNER CIRCLE FUND II
CHAMPLAIN MID CAP FUND (THE "FUND")
ADVISOR SHARES (CIPMX)
INSTITUTIONAL SHARES (CIPIX)
SUPPLEMENT DATED SEPTEMBER 5, 2017
TO THE SUMMARY PROSPECTUS, PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION (THE "SAI") DATED NOVEMBER 28, 2016
THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT CONTAINED
IN THE SUMMARY PROSPECTUS, PROSPECTUS AND SAI, AND SHOULD BE READ IN
CONJUNCTION WITH THE SUMMARY PROPSECTUS, PROSPECTUS AND SAI.
Effective October 1, 2017, the Fund will be closed to new investors. As of
October 1, 2017, shares of the Fund may be purchased only by existing fund
shareholders, qualified retirement plans and fee-based advisory programs with
centralized investment discretion that have selected the Fund as an investment
option prior to October 1, 2017. The Fund reserves the right to permit
additional investments on a case-by-case basis as deemed appropriate by and in
the sole discretion of Champlain Investment Partners, LLC, the Fund's adviser
(the "Adviser").
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.
CSC-SK-013-0100
Comments
You mention the possibility of the fund liquidating, however the fund webpage is indicating about $1.5 billion in assets, do you see any indication that liquidation is being considered.
Thanks
Regards,
Ted
http://www.morningstar.com/cover/videocenter.aspx?id=732466