X0101 EFFECT 33 LIVE 2019-08-19 16:30:00

N-14

0001318342 Investment Managers Series Trust 333-232322 0001318342 Investment Managers Series Trust S000066465 All Terrain Opportunity Fund C000214364 Institutional Class Shares 0001587982 Investment Managers Series Trust II S000046804 All Terrain Opportunity Fund C000146225 Institutional Class