FS Managed Futures Fund — new fund registration

Advisors' Inner Circle Fund III registered 1 new fund series on Form 485APOS, filed 2021-12-23. Featured series: FS Managed Futures Fund.

Registration

Registrant / trust: Advisors' Inner Circle Fund III
CIK: 0001593547
Form: 485APOS
Filed: 2021-12-23
State of incorporation: DE
Accession: 0001398344-21-024369
Reported net assets: $1.8M

Series & classes (6)

Series	Class	Ticker	New
FS Chiron Real Asset Fund	Class I	FSRLX	—
FS Chiron Real Asset Fund	Class A	FARLX	—
FS Multi-Strategy Alternatives Fund	Class I	FSMSX	—
FS Multi-Strategy Alternatives Fund	Class A	FSMMX	—
FS Managed Futures Fund	Class A	—	Yes
FS Managed Futures Fund	Class I	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 5.24%
Management fee: 1.15%
Net expense ratio: 1.73%
Other expenses: 3.76%

Investment objective

The FS Managed Futures Fund (the Managed Futures Fund or the Fund) seeks to provide positive absolute returns with low correlation to traditional investments.

Advisers

FS Fund Advisor, LLC (Advisor)