Palmer Square Absolute Return Fund — new fund registration

Investment Managers Series Trust registered 1 new fund series on Form 485APOS, filed 2011-03-28. Featured series: Palmer Square Absolute Return Fund.

Registration

Registrant / trust: Investment Managers Series Trust
CIK: 0001318342
Form: 485APOS
Filed: 2011-03-28
State of incorporation: DE
Accession: 0001144204-11-017524

Series & classes (2)

Series	Class	Ticker	New
Palmer Square Absolute Return Fund	Class A	—	Yes
Palmer Square Absolute Return Fund	Class I	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 4.45%
Management fee: 0.99%
Net expense ratio: 3.33%
Other expenses: 3.19%

Investment objective

The investment objective of the Palmer Square Strategic Credit Fund (the "Fund") is capital appreciation with an emphasis on absolute (positive) returns and low correlation to the broad equity and bond markets.

Advisers

PALMER SQUARE CAPITAL MANAGEMENT LLC (Advisor)