497

Financial Investors Trust

1290 Broadway, Suite 1100

Denver, Colorado 80203

September 26, 2013

Via EDGAR

Ms. Amy Miller

Division of Investment Management

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, DC 20549

Re: Financial Investors Trust (the “Registrant”)

Aspen Managed Futures Strategy Fund (the “Fund”)

File Nos. 33-72424, 811-8194

Dear Ms. Miller:

On behalf of the Registrant and pursuant to Rule 497(e) under the Securities Act of 1933, as amended, attached for filing are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information contained in a supplement dated September 11, 2013, to the prospectus dated August 31, 2013, with respect to the Fund. The purpose of this filing is to submit the 497(e) filing dated September 11, 2013 in XBRL for the Fund.

If you have any questions or further comments, please contact the undersigned at (720) 917-0864.

Very truly yours,

/s/ David T. Buhler

David T. Buhler

Secretary of Financial Investors Trust

cc: Peter H. Schwartz, Esq., Davis Graham & Stubbs LLP

XML

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Registrant Name	dei_EntityRegistrantName	FINANCIAL INVESTORS TRUST
Prospectus Date	rr_ProspectusDate	Aug. 31, 2013
Document Creation Date	dei_DocumentCreationDate	Sep. 11, 2013

XML

Label

Element

Value

Risk/Return:

rr_RiskReturnAbstract

Registrant Name

dei_EntityRegistrantName

FINANCIAL INVESTORS TRUST

Prospectus Date

rr_ProspectusDate

Aug. 31, 2013

Supplement [Text Block]

afit_SupplementTextBlock

FINANCIAL INVESTORS TRUST

Aspen Managed Futures Strategy Fund

SUPPLEMENT DATED SEPTEMBER 11, 2013 TO THE PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION, EACH DATED AUGUST 31, 2013

Effective October 11, 2013, the Board of Trustees of Financial Investors Trust has approved a Shareholder Services Plan with respect to the Fund’s Class A Shares.  Accordingly, effective October 11, 2013, certain information is deleted, replaced in its entirety, and/or supplemented as further described below.  In addition, the 2.00% redemption fee imposed on any amounts redeemed within 30 days of purchase will be waived for a period of 30 days beginning on September 11, 2013.

In the Fund Summary section of the Fund’s Prospectus, the text and tables under the heading “Fees and Expenses” on page 2 are hereby deleted and replaced in their entirety with the following:  

Fees and Expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.  You may qualify for certain sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.  More information about these and other discounts is available from your financial professional and in “BUYING AND REDEEMING SHARES” at page 13 of the Prospectus and “PURCHASE & REDEMPTION OF SHARES” at page 52 of the Fund’s Statement of Additional Information (“SAI”).

Shareholder Fees (fees paid directly from your investment)
	Class A	Class I
Maximum sales charge (load) on purchases (as a percentage of offering price)	5.50%1	None
Maximum deferred sales charge (as a percentage of the lower of original purchase price or redemption proceeds)	1.00%1	None
Redemption fee (as a percentage of exchange price or amount redeemed within 30 days of purchase)	2.00%	2.00%

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
	Class A	Class I
Management fees2	0.75%	0.75%
Distribution and service (12b-1) fees	0.25%	None
Other expenses	0.95%	0.73%
Other Fund expenses3	0.74%	0.67%
Shareholder Services Fees	0.15%	None
Expenses of the subsidiary	0.06%	0.06%
Acquired Fund Fees and Expenses	0.01%	0.01%
Total annual Fund operating expenses	1.96%	1.49%
Fee waiver and/or expense reimbursement4	0.00%	0.00%
Total annual Fund operating expenses after fee waiver/expense reimbursements	1.96%	1.49%

¹

If you invest $1 million or more, either as a lump sum or through the Fund’s accumulation or letter of intent programs, you can purchase Class A shares without an initial sales charge (load); however, a contingent deferred sales charge (“CDSC”) of 1.00% may apply to Class A shares redeemed within the first 12 months after a purchase in excess of $1 million.

²

The Fund intends to invest a portion of its assets in a wholly owned Cayman Islands subsidiary (the “Subsidiary”).  The Subsidiary has entered into a separate advisory agreement with Aspen Partners, Ltd., the Subsidiary’s investment adviser and the Fund’s investment adviser (the “Adviser”), for the management of the Subsidiary’s portfolio pursuant to which the Subsidiary is obligated to pay the Adviser a management fee at the same rate that the Fund pays the Adviser for services provided to the Fund.  The Adviser has agreed to waive the advisory fee it receives from the Fund in an amount equal to the management fee paid by the Subsidiary.  This waiver may not be terminated or modified without the consent of the Board of the Fund.  

³

Other Fund Expenses have restated to reflect current fees and expenses.

⁴

The Adviser has agreed to waive and/or reimburse fees or expenses in order to limit total annual Fund operating expenses after fee waiver/expense reimbursements (excluding distribution and service (12b-1) fees, shareholder services fees, acquired fund fees and expenses, brokerage expenses, interest expenses, taxes and extraordinary expenses) to 1.55% of the Fund’s average daily net assets.  This agreement is in effect through August 31, 2016.  The Adviser will be permitted to recover, on a class-by-class basis, expenses it has borne through the agreement described above to the extent that the Fund's expenses in later periods fall below the annual rates set forth in the relevant agreement.  Notwithstanding the foregoing, the Fund will not be obligated to pay any such deferred fees and expenses more than three years after the end of the fiscal year in which the fees and expenses were deferred. This agreement may not be terminated or modified prior to this date except with the approval of the Fund’s Board of Trustees.

EXAMPLE

This example is intended to help you compare the costs of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.  The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.  Although your actual costs may be higher or lower, based on these assumptions your costs would be: 

Number of Years You Own Your Shares	1 Year	3 Years	5 Years	10 Years
Class A Shares	$738	$1,131	$1,549	$2,707
Class I Shares	$152	$471	$813	$1,777

Aspen Managed Futures Strategy Fund

Risk/Return:

rr_RiskReturnAbstract

Supplement [Text Block]

afit_SupplementTextBlock

FINANCIAL INVESTORS TRUST

Aspen Managed Futures Strategy Fund

SUPPLEMENT DATED SEPTEMBER 11, 2013 TO THE PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION, EACH DATED AUGUST 31, 2013

Effective October 11, 2013, the Board of Trustees of Financial Investors Trust has approved a Shareholder Services Plan with respect to the Fund’s Class A Shares.  Accordingly, effective October 11, 2013, certain information is deleted, replaced in its entirety, and/or supplemented as further described below.  In addition, the 2.00% redemption fee imposed on any amounts redeemed within 30 days of purchase will be waived for a period of 30 days beginning on September 11, 2013.

In the Fund Summary section of the Fund’s Prospectus, the text and tables under the heading “Fees and Expenses” on page 2 are hereby deleted and replaced in their entirety with the following:  

Fees and Expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.  You may qualify for certain sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.  More information about these and other discounts is available from your financial professional and in “BUYING AND REDEEMING SHARES” at page 13 of the Prospectus and “PURCHASE & REDEMPTION OF SHARES” at page 52 of the Fund’s Statement of Additional Information (“SAI”).

Shareholder Fees (fees paid directly from your investment)
	Class A	Class I
Maximum sales charge (load) on purchases (as a percentage of offering price)	5.50%1	None
Maximum deferred sales charge (as a percentage of the lower of original purchase price or redemption proceeds)	1.00%1	None
Redemption fee (as a percentage of exchange price or amount redeemed within 30 days of purchase)	2.00%	2.00%

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
	Class A	Class I
Management fees2	0.75%	0.75%
Distribution and service (12b-1) fees	0.25%	None
Other expenses	0.95%	0.73%
Other Fund expenses3	0.74%	0.67%
Shareholder Services Fees	0.15%	None
Expenses of the subsidiary	0.06%	0.06%
Acquired Fund Fees and Expenses	0.01%	0.01%
Total annual Fund operating expenses	1.96%	1.49%
Fee waiver and/or expense reimbursement4	0.00%	0.00%
Total annual Fund operating expenses after fee waiver/expense reimbursements	1.96%	1.49%

¹

If you invest $1 million or more, either as a lump sum or through the Fund’s accumulation or letter of intent programs, you can purchase Class A shares without an initial sales charge (load); however, a contingent deferred sales charge (“CDSC”) of 1.00% may apply to Class A shares redeemed within the first 12 months after a purchase in excess of $1 million.

²

The Fund intends to invest a portion of its assets in a wholly owned Cayman Islands subsidiary (the “Subsidiary”).  The Subsidiary has entered into a separate advisory agreement with Aspen Partners, Ltd., the Subsidiary’s investment adviser and the Fund’s investment adviser (the “Adviser”), for the management of the Subsidiary’s portfolio pursuant to which the Subsidiary is obligated to pay the Adviser a management fee at the same rate that the Fund pays the Adviser for services provided to the Fund.  The Adviser has agreed to waive the advisory fee it receives from the Fund in an amount equal to the management fee paid by the Subsidiary.  This waiver may not be terminated or modified without the consent of the Board of the Fund.  

³

Other Fund Expenses have restated to reflect current fees and expenses.

⁴

The Adviser has agreed to waive and/or reimburse fees or expenses in order to limit total annual Fund operating expenses after fee waiver/expense reimbursements (excluding distribution and service (12b-1) fees, shareholder services fees, acquired fund fees and expenses, brokerage expenses, interest expenses, taxes and extraordinary expenses) to 1.55% of the Fund’s average daily net assets.  This agreement is in effect through August 31, 2016.  The Adviser will be permitted to recover, on a class-by-class basis, expenses it has borne through the agreement described above to the extent that the Fund's expenses in later periods fall below the annual rates set forth in the relevant agreement.  Notwithstanding the foregoing, the Fund will not be obligated to pay any such deferred fees and expenses more than three years after the end of the fiscal year in which the fees and expenses were deferred. This agreement may not be terminated or modified prior to this date except with the approval of the Fund’s Board of Trustees.

EXAMPLE

This example is intended to help you compare the costs of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.  The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.  Although your actual costs may be higher or lower, based on these assumptions your costs would be: 

Number of Years You Own Your Shares	1 Year	3 Years	5 Years	10 Years
Class A Shares	$738	$1,131	$1,549	$2,707
Class I Shares	$152	$471	$813	$1,777

Expense [Heading]

rr_ExpenseHeading

Fees and Expenses

Expense Narrative [Text Block]

rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.  You may qualify for certain sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.  More information about these and other discounts is available from your financial professional and in “BUYING AND REDEEMING SHARES” at page 13 of the Prospectus and “PURCHASE & REDEMPTION OF SHARES” at page 52 of the Fund’s Statement of Additional Information (“SAI”).

Shareholder Fees Caption [Text]

rr_ShareholderFeesCaption

Shareholder Fees (fees paid directly from your investment)

Operating Expenses Caption [Text]

rr_OperatingExpensesCaption

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Fee Waiver or Reimbursement over Assets, Date of Termination

rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination

August 31, 2016

Expense Breakpoint Discounts [Text]

rr_ExpenseBreakpointDiscounts

You may qualify for certain sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.

Expense Breakpoint, Minimum Investment Required [Amount]

rr_ExpenseBreakpointMinimumInvestmentRequiredAmount

$ 50,000

Expenses Restated to Reflect Current [Text]

rr_ExpensesRestatedToReflectCurrent

Other Fund Expenses have restated to reflect current fees and expenses.

Expense Example [Heading]

rr_ExpenseExampleHeading

EXAMPLE

Expense Example Narrative [Text Block]

rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the costs of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.  The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.  Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example by, Year, Caption [Text]

rr_ExpenseExampleByYearCaption

Number of Years You Own Your Shares

Aspen Managed Futures Strategy Fund | Class A

Risk/Return:

rr_RiskReturnAbstract

Maximum sales charge (load) on purchases (as a percentage of offering price)

rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice

5.50%

^[1]

Maximum deferred sales charge (as a percentage of the lower of original purchase price or redemption proceeds)

rr_MaximumDeferredSalesChargeOverOther

1.00%

^[1]

Redemption fee (as a percentage of exchange price or amount redeemed within 30 days of purchase)

rr_RedemptionFeeOverRedemption

2.00%

Management fees

rr_ManagementFeesOverAssets

0.75%

^[2]

Distribution and service (12b-1) fees

rr_DistributionAndService12b1FeesOverAssets

0.25%

Shareholder Services Fees

rr_Component1OtherExpensesOverAssets

0.15%

Other Fund expenses

rr_Component2OtherExpensesOverAssets

0.74%

^[3]

Expenses of the Subsidiary

afit_Component4OtherExpensesOverAssets

0.06%

Other expenses

rr_OtherExpensesOverAssets

0.95%

Acquired Fund Fees and Expenses

rr_AcquiredFundFeesAndExpensesOverAssets

0.01%

Total annual Fund operating expenses

rr_ExpensesOverAssets

1.96%

Fee waiver and/or expense reimbursement

rr_FeeWaiverOrReimbursementOverAssets

none

^[4]

Total annual Fund operating expenses after fee waiver/expense reimbursements

rr_NetExpensesOverAssets

1.96%

Expenses Deferred Charges [Text Block]

rr_ExpensesDeferredChargesTextBlock

If you invest $1 million or more, either as a lump sum or through the Fund's accumulation or letter of intent programs, you can purchase Class A shares without an initial sales charge (load); however, a contingent deferred sales charge ("CDSC") of 1.00% may apply to Class A shares redeemed within the first 12 months after a purchase in excess of $1 million.

1 Year

rr_ExpenseExampleYear01

738

3 Years

rr_ExpenseExampleYear03

1,131

5 Years

rr_ExpenseExampleYear05

1,549

10 Years

rr_ExpenseExampleYear10

2,707

Aspen Managed Futures Strategy Fund | Class I

Risk/Return:

rr_RiskReturnAbstract

Maximum sales charge (load) on purchases (as a percentage of offering price)

rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice

none

Maximum deferred sales charge (as a percentage of the lower of original purchase price or redemption proceeds)

rr_MaximumDeferredSalesChargeOverOther

none

Redemption fee (as a percentage of exchange price or amount redeemed within 30 days of purchase)

rr_RedemptionFeeOverRedemption

2.00%

Management fees

rr_ManagementFeesOverAssets

0.75%

^[2]

Distribution and service (12b-1) fees

rr_DistributionAndService12b1FeesOverAssets

none

Shareholder Services Fees

rr_Component1OtherExpensesOverAssets

none

Other Fund expenses

rr_Component2OtherExpensesOverAssets

0.67%

^[3]

Expenses of the Subsidiary

afit_Component4OtherExpensesOverAssets

0.06%

Other expenses

rr_OtherExpensesOverAssets

0.73%

Acquired Fund Fees and Expenses

rr_AcquiredFundFeesAndExpensesOverAssets

0.01%

Total annual Fund operating expenses

rr_ExpensesOverAssets

1.49%

Fee waiver and/or expense reimbursement

rr_FeeWaiverOrReimbursementOverAssets

none

^[4]

Total annual Fund operating expenses after fee waiver/expense reimbursements

rr_NetExpensesOverAssets

1.49%

1 Year

rr_ExpenseExampleYear01

152

3 Years

rr_ExpenseExampleYear03

471

5 Years

rr_ExpenseExampleYear05

813

10 Years

rr_ExpenseExampleYear10

$ 1,777

[1] If you invest $1 million or more, either as a lump sum or through the Fund's accumulation or letter of intent programs, you can purchase Class A shares without an initial sales charge (load); however, a contingent deferred sales charge ("CDSC") of 1.00% may apply to Class A shares redeemed within the first 12 months after a purchase in excess of $1 million.

[2] The Fund intends to invest a portion of its assets in a wholly owned Cayman Islands subsidiary (the "Subsidiary"). The Subsidiary has entered into a separate advisory agreement with Aspen Partners, Ltd., the Subsidiary's investment adviser and the Fund's investment adviser (the "Adviser"), for the management of the Subsidiary's portfolio pursuant to which the Subsidiary is obligated to pay the Adviser a management fee at the same rate that the Fund pays the Adviser for services provided to the Fund. The Adviser has agreed to waive the advisory fee it receives from the Fund in an amount equal to the management fee paid by the Subsidiary. This waiver may not be terminated or modified without the consent of the Board of the Fund.

[3] Other Fund Expenses have restated to reflect current fees and expenses.

[4] The Adviser has agreed to waive and/or reimburse fees or expenses in order to limit total annual Fund operating expenses after fee waiver/expense reimbursements (excluding distribution and service (12b-1) fees, shareholder services fees, acquired fund fees and expenses, brokerage expenses, interest expenses, taxes and extraordinary expenses) to 1.55% of the Fund's average daily net assets. This agreement is in effect through August 31, 2016. The Adviser will be permitted to recover, on a class-by-class basis, expenses it has borne through the agreement described above to the extent that the Fund's expenses in later periods fall below the annual rates set forth in the relevant agreement. Notwithstanding the foregoing, the Fund will not be obligated to pay any such deferred fees and expenses more than three years after the end of the fiscal year in which the fees and expenses were deferred. This agreement may not be terminated or modified prior to this date except with the approval of the Fund's Board of Trustees.

XML

FINANCIAL INVESTORS TRUST

Aspen Managed Futures Strategy Fund

SUPPLEMENT DATED SEPTEMBER 11, 2013 TO THE PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION, EACH DATED AUGUST 31, 2013

Effective October 11, 2013, the Board of Trustees of Financial Investors Trust has approved a Shareholder Services Plan with respect to the Fund’s Class A Shares.  Accordingly, effective October 11, 2013, certain information is deleted, replaced in its entirety, and/or supplemented as further described below.  In addition, the 2.00% redemption fee imposed on any amounts redeemed within 30 days of purchase will be waived for a period of 30 days beginning on September 11, 2013.

In the Fund Summary section of the Fund’s Prospectus, the text and tables under the heading “Fees and Expenses” on page 2 are hereby deleted and replaced in their entirety with the following:  

Fees and Expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.  You may qualify for certain sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Fund.  More information about these and other discounts is available from your financial professional and in “BUYING AND REDEEMING SHARES” at page 13 of the Prospectus and “PURCHASE & REDEMPTION OF SHARES” at page 52 of the Fund’s Statement of Additional Information (“SAI”).

Shareholder Fees (fees paid directly from your investment)
	Class A	Class I
Maximum sales charge (load) on purchases (as a percentage of offering price)	5.50%1	None
Maximum deferred sales charge (as a percentage of the lower of original purchase price or redemption proceeds)	1.00%1	None
Redemption fee (as a percentage of exchange price or amount redeemed within 30 days of purchase)	2.00%	2.00%

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
	Class A	Class I
Management fees2	0.75%	0.75%
Distribution and service (12b-1) fees	0.25%	None
Other expenses	0.95%	0.73%
Other Fund expenses3	0.74%	0.67%
Shareholder Services Fees	0.15%	None
Expenses of the subsidiary	0.06%	0.06%
Acquired Fund Fees and Expenses	0.01%	0.01%
Total annual Fund operating expenses	1.96%	1.49%
Fee waiver and/or expense reimbursement4	0.00%	0.00%
Total annual Fund operating expenses after fee waiver/expense reimbursements	1.96%	1.49%

¹

If you invest $1 million or more, either as a lump sum or through the Fund’s accumulation or letter of intent programs, you can purchase Class A shares without an initial sales charge (load); however, a contingent deferred sales charge (“CDSC”) of 1.00% may apply to Class A shares redeemed within the first 12 months after a purchase in excess of $1 million.

²

The Fund intends to invest a portion of its assets in a wholly owned Cayman Islands subsidiary (the “Subsidiary”).  The Subsidiary has entered into a separate advisory agreement with Aspen Partners, Ltd., the Subsidiary’s investment adviser and the Fund’s investment adviser (the “Adviser”), for the management of the Subsidiary’s portfolio pursuant to which the Subsidiary is obligated to pay the Adviser a management fee at the same rate that the Fund pays the Adviser for services provided to the Fund.  The Adviser has agreed to waive the advisory fee it receives from the Fund in an amount equal to the management fee paid by the Subsidiary.  This waiver may not be terminated or modified without the consent of the Board of the Fund.  

³

Other Fund Expenses have restated to reflect current fees and expenses.

⁴

The Adviser has agreed to waive and/or reimburse fees or expenses in order to limit total annual Fund operating expenses after fee waiver/expense reimbursements (excluding distribution and service (12b-1) fees, shareholder services fees, acquired fund fees and expenses, brokerage expenses, interest expenses, taxes and extraordinary expenses) to 1.55% of the Fund’s average daily net assets.  This agreement is in effect through August 31, 2016.  The Adviser will be permitted to recover, on a class-by-class basis, expenses it has borne through the agreement described above to the extent that the Fund's expenses in later periods fall below the annual rates set forth in the relevant agreement.  Notwithstanding the foregoing, the Fund will not be obligated to pay any such deferred fees and expenses more than three years after the end of the fiscal year in which the fees and expenses were deferred. This agreement may not be terminated or modified prior to this date except with the approval of the Fund’s Board of Trustees.

EXAMPLE

This example is intended to help you compare the costs of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.  The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.  Although your actual costs may be higher or lower, based on these assumptions your costs would be: 

Number of Years You Own Your Shares	1 Year	3 Years	5 Years	10 Years
Class A Shares	$738	$1,131	$1,549	$2,707
Class I Shares	$152	$471	$813	$1,777

XML

Document and Entity Information	12 Months Ended
	Aug. 31, 2013
Risk/Return:
Document Type	Other
Document Period End Date	Apr. 30, 2013
Registrant Name	FINANCIAL INVESTORS TRUST
Central Index Key	0000915802
Amendment Flag	false
Document Creation Date	Sep. 11, 2013
Document Effective Date	Sep. 11, 2013
Prospectus Date	Aug. 31, 2013