Liquidation: Investment Managers Series Trust

Form Type: 497

Filing Date: 2025-03-10

Corporate Action: Liquidation

Type: New

Accession Number: 000139834425005240

Filing Summary: The document describes a Supplement dated March 10, 2025, regarding the West Loop Realty Fund, which is a series of Investment Managers Series Trust. The Board of Trustees has approved a Plan of Liquidation for the Fund, authorizing its termination, liquidation, and dissolution. Effective immediately, the Fund is closed to new investments. The liquidation is scheduled to take place on or about April 18, 2025, on which date shareholders may redeem their shares until the Liquidation Date. Following the Liquidation Date, the Fund will distribute the net assets to its remaining shareholders in complete redemption of their shares, leading to the Fund's dissolution. Shareholders are warned that liquidation proceeds may be subject to capital gains tax and potential withholding taxes. The Fund’s sub-advisor may adjust the management of the Fund to facilitate the liquidation, which could impact its investment strategy.