Scharf Alpha Opportunity Fund — new fund registration

ADVISORS SERIES TRUST registered 1 new fund series on Form 485APOS, filed 2015-10-16. Featured series: Scharf Alpha Opportunity Fund.

Registration

Registrant / trust: ADVISORS SERIES TRUST
CIK: 0001027596
Form: 485APOS
Filed: 2015-10-16
State of incorporation: DE
Accession: 0000894189-15-005278
Reported net assets: $6.6M

Series & classes (2)

Series	Class	Ticker	New
Scharf Alpha Opportunity Fund	Retail Class	—	Yes
Scharf Alpha Opportunity Fund	Institutional Class	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 3.40%
Management fee: 0.99%
Net expense ratio: 1.99%
Other expenses: 2.16%

Investment objective

The Scharf Alpha Opportunity Fund (the Alpha Opportunity Fund or the Fund) seeks long-term capital appreciation and to provide returns above inflation while exposing investors to less volatility than typical equity investments.

Advisers

Scharf Investments LLC (Advisor)