CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund — new fund registration

World Funds Trust registered 1 new fund series on Form 485APOS, filed 2017-05-05. Featured series: CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund.

Registration

Registrant / trust: World Funds Trust
CIK: 0001396092
Form: 485APOS
Filed: 2017-05-05
State of incorporation: DE
Accession: 0001209286-17-000282
Reported net assets: $50.2M

Series & classes (4)

Series	Class	Ticker	New
CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund	Class A Shares	KNGAX	Yes
CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund	Class C Shares	KNGCX	Yes
CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund	Investor Class Shares	KNGLX	Yes
CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund	Institutional Class Shares	KNGIX	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 1.82%
Management fee: 0.75%
Net expense ratio: 1.20%
Other expenses: 0.71%

Investment objective

The Vest S&P 500 Dividend Aristocrats Target Income Fund (the Aristocrats Fund or, solely for this Fund Summary, the Fund) seeks to track the price and yield performance, before fees and expenses, of the Cboe S&P 500 Dividend Aristocrats Target Income Index (the Cboe Aristocrats Index).

Advisers

Vest Financial, LLC (Advisor)