https://www.sec.gov/Archives/edgar/data/1396092/000120928618000620/e2453.htm497 1 e2453.htm
Select Value Real Estate Securities Fund
Class Z Shares (SVREX)
Supplement dated November 13, 2018
to the
Prospectus and Statement of Additional Information (“SAI”),
each dated May 1, 2018
The Board of Trustees (the “Board”) of World Funds Trust (the “Trust”) has approved a Plan of Liquidation (the “Plan”) for Select Value Real Estate Securities Fund (the “Fund”), which became effective on November 12, 2018. Real Estate Management Services Group, LLC (the “Adviser” or “REMS”), recommended that the Board approve the Plan due to the lack of investor interest. As a result, the Board has concluded that it is in the best interest of the Fund’s shareholders to liquidate the Fund. The Fund is expected to liquidate on or about November 16, 2018 (the “Liquidation Date”).
Effective immediately, the Fund is closed to new and subsequent investments. As shareholders redeem shares of the Fund between the date of this Supplement and the Liquidation Date, the Fund may not be able to maintain its stated investment goal and other investment policies. Accordingly, the Fund may deviate from its stated investment goal and other investment policies during the period between the date of this Supplement and the Liquidation Date.
Before the Liquidation Date, shareholders may continue to reinvest dividends and distributions in the Fund or redeem their shares until the liquidation. Any remaining shareholders on the Liquidation Date will receive a distribution of their remaining investment value in full liquidation of the Fund based on the instruction listed on your account. The sale or liquidation of your shares will generally be a taxable event. You should consult your tax advisor about your tax situation.
If you have questions or need assistance, please contact your financial advisor directly or the Fund toll-free at 1-800-673-0550.
This Supplement and the existing Prospectus provide relevant information for all shareholders and should be retained for future reference. Both the Prospectus and the SAI have been filed with the Securities and Exchange Commission, are incorporated by reference, and can be obtained without charge by calling the Fund toll-free at 1-800-673-0550.
