0001209286-18-000572.txt : 20180911 0001209286-18-000572.hdr.sgml : 20180911 20180911160120 ACCESSION NUMBER: 0001209286-18-000572 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 18 FILED AS OF DATE: 20180911 DATE AS OF CHANGE: 20180911 EFFECTIVENESS DATE: 20180911 FILER: COMPANY DATA: COMPANY CONFORMED NAME: World Funds Trust CENTRAL INDEX KEY: 0001396092 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-148723 FILM NUMBER: 181064920 BUSINESS ADDRESS: STREET 1: 8730 STONY POINT PARKWAY STREET 2: SUITE 205 CITY: RICHMOND STATE: VA ZIP: 23235 BUSINESS PHONE: 804-267-7400 MAIL ADDRESS: STREET 1: 8730 STONY POINT PARKWAY STREET 2: SUITE 205 CITY: RICHMOND STATE: VA ZIP: 23235 FORMER COMPANY: FORMER CONFORMED NAME: Abacus World Funds Trust DATE OF NAME CHANGE: 20070410 0001396092 S000053823 CBOE Vest S&P 500 Buffer Strategy Fund C000195358 Class Y Shares BUYGX 0001396092 S000055568 CBOE Vest S&P 500 Enhanced Growth Strategy Fund C000195359 Class Y Shares ENGYX 0001396092 S000058211 CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund C000195360 Class Y Shares KNGYX 0001396092 S000059380 Cboe Vest S&P 500 Enhance and Buffer Fund C000194787 Class Y Shares MRAYX 497 1 e2439.htm

September 11, 2018

Securities and Exchange Commission
Filing Desk
100 F Street, N.E.
Washington, D.C. 20549

RE:
World Funds Trust (the “Trust”) (File Nos. 333-148723 and 811-22172)

Ladies and Gentlemen:

Enclosed for filing pursuant to Rule 497(e), this filing is being made for the sole purpose of submitting an interactive data file as required by Rule 405 of Regulation S-T. The interactive data file included as an exhibit to this filing relates to the supplement to the prospectus which was filed with the Securities and Exchange Commission on August 24, 2018 (Accession Number: 0001209286-18-000503) for the Class Y shares of the Cboe Vest S&P 500® Buffer Strategy Fund, Cboe Vest S&P 500® Enhanced Growth Strategy Fund, the Cboe Vest S&P 500® Dividend Aristocrats Target Income Fund and the Cboe Vest S&P 500® Enhance and Buffer Fund, each a portfolio series of the Trust.

If you have any questions concerning the foregoing, please contact the undersigned at (913) 660-0778 or John.Lively@practus.com.

  Regards,
  /s/ John H. Lively
  On behalf of Practus, LLP
JOHN H. LIVELY • MANAGING PARTNER

11300 Tomahawk Creek Pkwy • Ste. 310 • Leawood, KS 66211 • p: 913.660.0778 • c: 913.523.6112
Practus, LLP • John.Lively@Practus.com • Practus.com


EXHIBIT INDEX

Index No.   Description of Exhibit
     
EX-101.INS   XBRL Instance Document
EX-101.SCH   XBRL Taxonomy Extension Schema Document
EX-101.CAL   XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF   XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB   XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE   XBRL Taxonomy Extension Presentation Linkbase

2

EX-101.INS 2 wft-20180824.xml <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column dei_LegalEntityAxis compact fil_S000053823Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column dei_LegalEntityAxis compact fil_S000053823Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 0 0 0 0 0 0 -0.0200 0 0 0 0 0 <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/RiskReturnDetailData row dei_DocumentInformationDocumentAxis compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * row rr_PerformanceMeasureAxis compact * row primary compact * ~</div> 0.0075 0.0075 0.0075 0.0025 0 0 0.0259 0.0249 0.0249 0.0015 0.0003 0.0000 0.0374 0.0327 0.0324 -0.0254 -0.0232 -0.0254 0.0120 0.0095 0.0070 <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/ExpenseExample column dei_LegalEntityAxis compact fil_S000053823Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column dei_LegalEntityAxis compact fil_S000053823Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/PerformanceTableData column dei_LegalEntityAxis compact fil_S000053823Member column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/MarketIndexPerformanceData column dei_LegalEntityAxis compact fil_S000053823Member row primary compact * row rr_PerformanceMeasureAxis compact * ~</div> 122 909 1715 3821 97 789 1506 3408 72 759 1472 3365 <!--egx--><p style='text-align:justify;margin:0cm -0.7pt 0pt 0cm;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <p style='text-align:justify;margin:0cm -0.7pt 0pt 0cm;text-justify:inter-ideograph;line-height:normal'><b><u><font lang="EN-US">Fees and Expenses of the Fund</font></u></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><font lang="EN-US">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <!--egx--><p style='layout-grid-mode:char;margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">Shareholder Fees</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><b><font lang="EN-US">(fees paid directly from your investment)</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <!--egx--><p style='layout-grid-mode:char;margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">Annual Fund Operating Expenses</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><b><font lang="EN-US">(expenses that you pay each year as a percentage of the value of your investment)</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <!--egx--><p style='margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">Example</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><font lang="EN-US">This example is intended to help you compare the cost 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. The effect of the Adviser&#146;s agreement to waive fees and/or reimburse expenses is only reflected in the first year of each example shown below. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> <p style='margin:0cm 0cm 0pt;line-height:normal'>&nbsp;</p> <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column dei_LegalEntityAxis compact fil_S000055568Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column dei_LegalEntityAxis compact fil_S000055568Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 0 0 0 0 0 0 -0.0200 0 0 0 0 0 0.0075 0.0075 0.0075 0.0025 0 0 0.0050 0.0050 0.0050 0.0015 0.0010 0.0000 0.0165 0.0135 0.0125 -0.0045 -0.0040 -0.0050 0.0120 0.0095 0.0070 <!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal;text-autospace:'><font lang="EN-US">The disclosure under &#147;Fund Summary &#150; Fees and Expenses of the Fund&#148; in the Prospectus of the </font><font lang="EN-US">Cboe Vest S&amp;P 500<b><sup>&#174; </sup></b>Enhanced Growth Strategy Fund </font><font lang="EN-US">is hereby replaced with:</font></p> <p style='margin:0cm 0cm 0pt;line-height:normal;text-autospace:'>&nbsp;</p> <!--egx--><p style='margin:0cm 0cm 0pt;line-height:normal;text-autospace:'><b><font lang="EN-US">Cboe Vest S&amp;P 500<sup>&#174; </sup>Enhanced Growth Strategy Fund</font></b></p> <p style='margin:0cm 0cm 0pt;line-height:normal;text-autospace:'>&nbsp;</p> <!--egx--><p style='text-align:justify;margin:0cm -0.7pt 0pt 0cm;text-justify:inter-ideograph;line-height:normal'><b><u><font lang="EN-US">Fees and Expenses of the Fund</font></u></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><font lang="EN-US">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <!--egx--><p style='layout-grid-mode:char;margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">Shareholder Fees</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><b><font lang="EN-US">(fees paid directly from your investment)</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <!--egx--><p style='layout-grid-mode:char;text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><b><font lang="EN-US">Annual Fund Operating Expenses </font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><b><font lang="EN-US">(expenses that you pay each year as a percentage of the value of your investment)</font></b><font lang="EN-US"> </font></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <!--egx--><p style='margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">Example</font></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><font lang="EN-US">This example is intended to help you compare the cost 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. The effect of the Adviser&#146;s agreement to waive fees and/or reimburse expenses is only reflected in the first year of each example shown below. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> <p style='margin:0cm 0cm 0pt;line-height:normal'>&nbsp;</p> <!--egx--><p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">The Cboe Vest Family of Funds</font></b></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'>&nbsp;</p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">Cboe Vest S&amp;P 500<sup>&#174;</sup> Buffer Strategy Fund</font></b></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">Cboe Vest S&amp;P 500<sup>&#174;</sup> Enhanced Growth Strategy Fund</font></b></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">Cboe Vest S&amp;P 500<sup>&#174;</sup> Dividend Aristocrats Target Income Fund</font></b></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">Cboe Vest S&amp;P 500<sup>&#174;</sup> Enhance and Buffer Fund</font></b></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'>&nbsp;</p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><font lang="EN-US">(collectively, the &#147;Funds&#148;)</font></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'>&nbsp;</p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">8730 Stony Point Parkway, Suite 205</font></b></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">Richmond, Virginia 23235</font></b></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'>&nbsp;</p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><font lang="EN-US">Supplement dated August 24, 2018</font></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><font lang="EN-US">to the Prospectuses for Class Y Shares</font></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><font lang="EN-US">dated February 28, 2018 </font></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'><i><font lang="EN-US">(as supplemented from time to time)</font></i></p> <p align="center" style='text-align:center;margin:0cm 0cm 0pt;line-height:normal'>&nbsp;</p> <p align="center" style='background:white;text-align:center;margin:0cm 0cm 0pt;line-height:normal'><b><font lang="EN-US">* * * * * * * *</font></b></p> <p align="center" style='background:white;text-align:center;margin:0cm 0cm 0pt;line-height:normal'>&nbsp;</p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal;text-autospace:'><font lang="EN-US">Effective immediately, the minimum required initial investment into Class Y Shares of the Funds has been reduced from $30,000,000 to $10,000,000 and the </font><font lang="EN-US">disclosure under &#147;Fund Summary - Purchase and Sale of Fund Shares&#148; in each of the Funds&#146; Prospectuses is hereby updated to reflect this new minimum initial investment amount.</font></p> <p style='margin:0cm 0cm 0pt;line-height:normal;text-autospace:'>&nbsp;</p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal;text-autospace:'><font lang="EN-US">Also effective immediately, the circumstances under which the minimum initial investment amount may be waived and how the requirement to meet the initial investment minimum is applied have been changed. Accordingly, the disclosure under &#147;How to Buy Shares &#150; Minimum Investments&#148; is hereby replaced with:</font></p> <p style='margin:0cm 0cm 0pt;line-height:normal;text-autospace:'>&nbsp;</p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><font lang="EN-US">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><i><u><font lang="EN-US">&#147;Minimum Investments</font></u></i><font lang="EN-US">. The minimum initial investment for Investor Class Shares is $1,000 and $100,000 for Institutional Class Shares. The minimum initial investment for Class Y Shares is $10,000,000, except there is no minimum initial investment for participants of employee benefit plans established under Section 401(a) (including a 401(k) plan), 403(b) or 457(b) of the Code, if the shares are held in an omnibus account on the Fund&#146;s records and an unaffiliated third party provides administrative and/or other support services to the plan. Subsequent investments must be in amounts of $100 or more for Investor Class Shares and Institutional Class Shares. There is no minimum subsequent investment amount for Class Y Shares. The Adviser may waive the minimum initial investment requirement in its sole discretion, for instances including but not limited to, purchases made by directors, officers and employees of the Trust, the Adviser or any of their respective affiliates, purchases by entities affiliated with the Adviser or the Trust, and certain related advisory accounts and retirement accounts (such as IRAs). The Trust may also change or waive policies concerning minimum investment amounts at any time. The Trust retains the right to refuse to accept any order.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><font lang="EN-US">Financial advisers with clients holding accounts in Classes of the Fund with lower initial investment minimums may aggregate the value of those individual client accounts in order for each of those accounts to qualify for a Class with a higher investment minimum. Please contact the Adviser if you believe you qualify under these criteria.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'><font lang="EN-US">Plan sponsors, plan fiduciaries and other financial intermediaries may choose to impose qualification requirements for plans that differ from the Fund&#146;s share class eligibility standards. In certain cases, this could result in the selection of a share class with higher service and distribution-related fees than those of another class available under the Fund&#146;s share class eligibility criteria. The Fund is not responsible for, and has no control over, the decision of any plan sponsor, plan fiduciary or financial intermediary to impose such differing requirements. Please consult with your plan sponsor, plan fiduciary or financial intermediary for more information about available share classes as not all share classes may be made available.&#148;</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal;text-autospace:'><font lang="EN-US">In addition, effective August 16, 2018, the </font><font lang="EN-US">expense limit for the Class Y Shares of the Cboe Vest S&amp;P 500<b><sup>&#174;</sup></b> Buffer Strategy Fund and the Cboe Vest S&amp;P 500<b><sup>&#174; </sup></b>Enhanced Growth Strategy Fund was reduced from 0.75% to 0.70%. </font><font lang="EN-US">Accordingly, the disclosure under &#147;Fund Summary &#150; Fees and Expenses of the Fund&#148; in the Prospectus of the </font><font lang="EN-US">Cboe Vest S&amp;P 500<b><sup>&#174;</sup></b> Buffer Strategy Fund</font><font lang="EN-US"> is hereby replaced with:</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-justify:inter-ideograph;line-height:normal'>&nbsp;</p> <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/ExpenseExample column dei_LegalEntityAxis compact fil_S000055568Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column dei_LegalEntityAxis compact fil_S000055568Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/PerformanceTableData column dei_LegalEntityAxis compact fil_S000055568Member column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <!--egx--><div style='display:none'>~ http://xbrl.sec.gov/rr/role/MarketIndexPerformanceData column dei_LegalEntityAxis compact fil_S000055568Member row primary compact * row rr_PerformanceMeasureAxis compact * ~</div> 122 476 855 1917 97 388 701 1589 72 342 633 1463 497 2018-08-24 false World Funds Trust 0001396092 wft 0001396092 2018-08-24 2018-08-24 0001396092 fil:S000053823Member 2018-08-24 2018-08-24 0001396092 fil:S000053823Memberfil:C000169388Member 2018-08-24 2018-08-24 0001396092 fil:S000053823Memberfil:C000169387Member 2018-08-24 2018-08-24 0001396092 fil:S000053823Memberfil:C000195358Member 2018-08-24 2018-08-24 0001396092 fil:S000055568Member 2018-08-24 2018-08-24 0001396092 fil:S000055568Memberfil:C000174911Member 2018-08-24 2018-08-24 0001396092 fil:S000055568Memberfil:C000174912Member 2018-08-24 2018-08-24 0001396092 fil:S000055568Memberfil:C000195359Member 2018-08-24 2018-08-24 xbrli:pure iso4217:USD Effective August 16, 2018, Cboe Vest Financial LLC (the "Adviser") has entered into a written expense limitation agreement under which it has agreed to limit the total expenses of the Fund (exclusive of interest, distribution fees pursuant to Rule 12b-1 Plans, taxes, acquired fund fees and expenses, brokerage commissions, extraordinary expenses and dividend expense on short sales) to an annual rate of 0.95% of the average daily net assets of each class of shares of the Fund offered in this prospectus, except for the Class Y shares where the Adviser has agreed to limit the total expenses to 0.70%. The Adviser may not terminate this expense limitation agreement prior to February 28, 2020. Each waiver or reimbursement of an expense by the Adviser is subject to repayment by the Fund within three years following the date such waiver and/or reimbursement was made, provided that the Fund is able to make the repayment without exceeding the expense limitation in place at the time of the waiver or reimbursement and at the time the waiver or reimbursement is recouped. "Fee Waivers and/or Expense Reimbursements" and "Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements)" for Class Y Shares have been restated to reflect the contractual reduction in the annual expense limit for Class Y from 0.75% to 0.70% (exclusive of interest, distribution fees pursuant to Rule 12b-1 Plans, taxes, acquired fund fees and expenses, brokerage commissions, extraordinary expenses and dividend expense on short sales). Other Expenses and Shareholder Services Plan are estimated for the Fund's initial fiscal year. Effective August 16, 2016, Cboe Vest Financial LLC (the "Adviser") has entered into a written expense limitation agreement under which it has agreed to limit the total expenses of the Fund (exclusive of interest, distribution fees pursuant to Rule 12b-1 Plans, taxes, acquired fund fees and expenses, brokerage commissions, extraordinary expenses and dividend expense on short sales) to an annual rate of 0.95% of the average daily net assets of each class of shares of the Fund offered in this prospectus, except for the Class Y shares where the Adviser has agreed to limit the total expenses to 0.70%. The Adviser may not terminate this expense limitation agreement prior to February 28, 2020. Each waiver or reimbursement of an expense by the Adviser is subject to repayment by the Fund within three years following the date such waiver and/or reimbursement was made, provided that the Fund is able to make the repayment without exceeding the expense limitation in place at the time of the waiver or reimbursement and at the time the waiver or reimbursement is recouped. EX-101.SCH 3 wft-20180824.xsd 000150 - Document - Performance Measure link:presentationLink link:definitionLink link:calculationLink 000020 - Document - Risk/Return Summary {Unlabeled} link:presentationLink link:definitionLink link:calculationLink 000140 - Document - Class link:presentationLink link:definitionLink link:calculationLink 000120 - Document - Coregistrant link:presentationLink link:definitionLink link:calculationLink 000110 - Document - Prospectus link:presentationLink link:definitionLink link:calculationLink 000050 - Schedule - Expense Example {Transposed} link:presentationLink link:definitionLink link:calculationLink 000100 - Disclosure - Risk/Return Detail Data {Elements} link:presentationLink link:definitionLink link:calculationLink 000040 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 000010 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 000130 - Document - Series link:presentationLink link:definitionLink link:calculationLink 000030 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 000090 - Document - Risk/Return Detail {Unlabeled} link:presentationLink link:definitionLink link:calculationLink 010001 - Document - Cboe Vest S&P 500 Buffer Strategy Fund {Unlabeled} link:presentationLink link:definitionLink link:calculationLink 010002 - Document - Cboe Vest S&P 500 Enhanced Growth Strategy Fund {Unlabeled} link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 4 wft-20180824_cal.xml EX-101.DEF 5 wft-20180824_def.xml EX-101.LAB 6 wft-20180824_lab.xml AfterTaxesOnDistributionsMember AverageAnnualReturnInceptionDate PerformanceTableClosingTextBlock BarChartLowestQuarterlyReturn AnnualReturn2011 AnnualReturn1994 ShareholderFeeOther ExpenseExampleHeading ShareholderFeesCaption Document and Entity Information: Cboe Vest S&P 500 Enhanced Growth Strategy Fund EntityDomain ThirtyDayYieldColumnName PerformanceTableUsesHighestFederalRate AnnualReturn2018 AnnualReturn2001 RiskNotInsuredDepositoryInstitution ExpensesRangeOfExchangeFeesTextBlock ExpenseFootnotesTextBlock PortfolioTurnoverTextBlock ExpenseExampleYear05 Shareholder Services Plan PerformanceTableTextBlock ObjectivePrimaryTextBlock EntityRegistrantName AverageAnnualReturnYear05 BarChartHighestQuarterlyReturn AnnualReturn2008 AnnualReturn1991 PerformanceAvailabilityWebSiteAddress PerformanceNarrativeTextBlock ExpenseExampleNoRedemptionYear10 ExpensesRepresentBothMasterAndFeeder ExpenseBreakpointMinimumInvestmentRequiredAmount ExchangeFee DocumentEffectiveDate RiskReturnDetailTableTextBlock ExpenseNarrativeTextBlock MoneyMarketSevenDayYield PerformanceTableNarrativeTextBlock AnnualReturn2015 AnnualReturn1998 BarChartNarrativeTextBlock RiskNondiversifiedStatus OtherExpensesNewFundBasedOnEstimates Distribution (12b-1) and Service Fees AnnualFundOperatingExpensesTableTextBlock RiskReturnHeading AverageAnnualReturnColumnName BarChartYearToDateReturn AnnualReturn2005 AnnualReturnColumnName RiskFootnotesTextBlock StrategyNarrativeTextBlock ExpenseExampleFootnotesTextBlock ExpenseExampleNoRedemptionYear01 ExpenseExampleNoRedemptionNarrativeTextBlock Total Annual Fund Operating Expenses Redemption Fee (as a percentage of the amount redeemed on shares after holding them for 30 days or less) {negatedLabel} Redemption Fee (as a percentage of the amount redeemed on shares after holding them for 30 days or less) AmendmentFlag DocumentType AfterTaxesOnDistributionsAndSalesMember ProspectusShareClassAxis MoneyMarketSevenDayYieldCaption PerformanceTableFootnotesReasonPerformanceInformationForClassDifferentFromImmediatelyPrecedingPeriod BarChartLowestQuarterlyReturnDate AnnualReturn2012 AnnualReturn1995 PerformanceOneYearOrLess ShareholderFeesColumnName ShareholderFeesAbstract ExpenseExampleNarrativeTextBlock OperatingExpensesCaption Investor Class Shares {1} Investor Class Shares ThirtyDayYieldPhone PerformanceTableNotRelevantToTaxDeferred AnnualReturn2019 AnnualReturn2002 RiskCaption ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Component2OtherExpensesOverAssets MaximumDeferredSalesChargeOverOther ObjectiveSecondaryTextBlock ExpenseExampleYear10 EntityCentralIndexKey PerformanceMeasureAxis DocumentInformationDocumentAxis AverageAnnualReturnYear10 BarChartHighestQuarterlyReturnDate AnnualReturn2009 AnnualReturn1992 PerformancePastDoesNotIndicateFuture PerformanceAvailabilityPhone ExpenseExampleClosingTextBlock ExpensesOtherExpensesHadExtraordinaryExpensesBeenIncluded ExpenseBreakpointDiscounts MaximumAccountFeeOverAssets DocumentPeriodEndDate Institutional Class Shares MoneyMarketSevenDayTaxEquivalentYield PerformanceTableDoesReflectSalesLoads AnnualReturn2016 AnnualReturn1999 BarChartDoesNotReflectSalesLoads RiskLoseMoney AcquiredFundFeesAndExpensesBasedOnEstimates DistributionOrSimilarNon12b1FeesOverAssets MaximumCumulativeSalesChargeOverOther ExpenseExampleYear01 ExpenseExampleWithRedemptionTableTextBlock RiskReturnAbstract AverageAnnualReturnLabel BarChartYearToDateReturnDate AnnualReturn2006 AnnualReturnInceptionDate RiskClosingTextBlock StrategyPortfolioConcentration ExpenseExampleNoRedemptionYear03 ExpensesExplanationOfNonrecurringAccountFee RedemptionFee DocumentCreationDate Fee Waivers and/or Expense Reimbursements MarketIndexPerformanceTableTextBlock ShareClassDomain CoregistrantAxis MoneyMarketSevenDayYieldColumnName BarChartClosingTextBlock BarChartFootnotesTextBlock AnnualReturn2013 AnnualReturn1996 PerformanceAdditionalMarketIndex RiskHeading ExpenseExampleByYearHeading OperatingExpensesColumnName MaximumCumulativeSalesChargeOverOfferingPrice OperatingExpensesAbstract Institutional Class Shares {1} Institutional Class Shares ThirtyDayYield PerformanceTableExplanationAfterTaxHigher BarChartReasonSelectedClassDifferentFromImmediatelyPrecedingPeriod AnnualReturn2020 AnnualReturn2003 RiskColumnName ExpenseExampleNoRedemptionByYearCaption FeeWaiverOrReimbursementOverAssetsDateOfTermination Component3OtherExpensesOverAssets ExpenseExampleAbstract Maximum deferred sales charges (load) (as a percentage of the NAV at time of purchase) PerformanceMeasureDomain AverageAnnualReturnSinceInception PerformanceTableFootnotesTextBlock LowestQuarterlyReturnLabel AnnualReturn2010 AnnualReturn1993 PerformanceInformationIllustratesVariabilityOfReturns ExpensesRestatedToReflectCurrent ExpenseExchangeTradedFundCommissions MaximumAccountFee ProspectusDate Class Y Shares ThirtyDayYieldCaption PerformanceTableMarketIndexChanged BarChartReturnsForClassNotOfferedInProspectus AnnualReturn2017 AnnualReturn2000 RiskMoneyMarketFund ExpensesDeferredChargesTextBlock PortfolioTurnoverHeading ExpenseExampleYear03 Other Expenses Maximum sales charge (load) imposed on purchases (as a percentage of offering price) ObjectiveHeading AverageAnnualReturnYear01 IndexNoDeductionForFeesExpensesTaxes HighestQuarterlyReturnLabel AnnualReturn2007 AnnualReturn1990 BarChartAndPerformanceTableHeading ExpenseExampleNoRedemptionYear05 PortfolioTurnoverRate Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements) Exchange Fee ExpenseExampleNoRedemptionTableTextBlock ExpenseHeading Cboe Vest S&P 500 Buffer Strategy Fund CoregistrantDomain MoneyMarketSevenDayYieldPhone PerformanceTableOneClassOfAfterTaxShown PerformanceTableHeading AnnualReturn2014 AnnualReturn1997 BarChartHeading RiskNarrativeTextBlock ExpenseExampleByYearCaption Management Fee ShareholderFeesTableTextBlock Class Y Shares {1} Class Y Shares Investor Class Shares LegalEntityAxis DocumentDomain ThirtyDayTaxEquivalentYield AverageAnnualReturnCaption YearToDateReturnLabel AnnualReturn2004 AnnualReturnCaption Risk StrategyHeading AcquiredFundFeesAndExpensesOverAssets MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther AmendmentDescription TradingSymbol EX-101.PRE 7 wft-20180824_pre.xml GRAPHIC 8 e2439_logo.jpg begin 644 e2439_logo.jpg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end GRAPHIC 9 e2439_lprac.jpg begin 644 e2439_lprac.jpg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end XML 10 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
Document and Entity Information
Total
Document and Entity Information:  
EntityRegistrantName World Funds Trust
DocumentType 497
DocumentPeriodEndDate Aug. 24, 2018
TradingSymbol wft
AmendmentFlag false
EntityCentralIndexKey 0001396092
XML 11 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Total

The Cboe Vest Family of Funds

 

Cboe Vest S&P 500® Buffer Strategy Fund

Cboe Vest S&P 500® Enhanced Growth Strategy Fund

Cboe Vest S&P 500® Dividend Aristocrats Target Income Fund

Cboe Vest S&P 500® Enhance and Buffer Fund

 

(collectively, the “Funds”)

 

8730 Stony Point Parkway, Suite 205

Richmond, Virginia 23235

 

Supplement dated August 24, 2018

to the Prospectuses for Class Y Shares

dated February 28, 2018

(as supplemented from time to time)

 

* * * * * * * *

 

Effective immediately, the minimum required initial investment into Class Y Shares of the Funds has been reduced from $30,000,000 to $10,000,000 and the disclosure under “Fund Summary - Purchase and Sale of Fund Shares” in each of the Funds’ Prospectuses is hereby updated to reflect this new minimum initial investment amount.

 

Also effective immediately, the circumstances under which the minimum initial investment amount may be waived and how the requirement to meet the initial investment minimum is applied have been changed. Accordingly, the disclosure under “How to Buy Shares – Minimum Investments” is hereby replaced with:

 

            “Minimum Investments. The minimum initial investment for Investor Class Shares is $1,000 and $100,000 for Institutional Class Shares. The minimum initial investment for Class Y Shares is $10,000,000, except there is no minimum initial investment for participants of employee benefit plans established under Section 401(a) (including a 401(k) plan), 403(b) or 457(b) of the Code, if the shares are held in an omnibus account on the Fund’s records and an unaffiliated third party provides administrative and/or other support services to the plan. Subsequent investments must be in amounts of $100 or more for Investor Class Shares and Institutional Class Shares. There is no minimum subsequent investment amount for Class Y Shares. The Adviser may waive the minimum initial investment requirement in its sole discretion, for instances including but not limited to, purchases made by directors, officers and employees of the Trust, the Adviser or any of their respective affiliates, purchases by entities affiliated with the Adviser or the Trust, and certain related advisory accounts and retirement accounts (such as IRAs). The Trust may also change or waive policies concerning minimum investment amounts at any time. The Trust retains the right to refuse to accept any order.

 

Financial advisers with clients holding accounts in Classes of the Fund with lower initial investment minimums may aggregate the value of those individual client accounts in order for each of those accounts to qualify for a Class with a higher investment minimum. Please contact the Adviser if you believe you qualify under these criteria.

 

Plan sponsors, plan fiduciaries and other financial intermediaries may choose to impose qualification requirements for plans that differ from the Fund’s share class eligibility standards. In certain cases, this could result in the selection of a share class with higher service and distribution-related fees than those of another class available under the Fund’s share class eligibility criteria. The Fund is not responsible for, and has no control over, the decision of any plan sponsor, plan fiduciary or financial intermediary to impose such differing requirements. Please consult with your plan sponsor, plan fiduciary or financial intermediary for more information about available share classes as not all share classes may be made available.”

 

In addition, effective August 16, 2018, the expense limit for the Class Y Shares of the Cboe Vest S&P 500® Buffer Strategy Fund and the Cboe Vest S&P 500® Enhanced Growth Strategy Fund was reduced from 0.75% to 0.70%. Accordingly, the disclosure under “Fund Summary – Fees and Expenses of the Fund” in the Prospectus of the Cboe Vest S&P 500® Buffer Strategy Fund is hereby replaced with:

 

XML 12 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Cboe Vest S&P 500 Buffer Strategy Fund

 

Fees and Expenses of the Fund

 

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

Shareholder Fees

(fees paid directly from your investment)

 

Shareholder Fees - Cboe Vest S&P 500 Buffer Strategy Fund
Investor Class Shares
Institutional Class Shares
Class Y Shares
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) none none none
Maximum deferred sales charges (load) (as a percentage of the NAV at time of purchase) none none none
Redemption Fee (as a percentage of the amount redeemed on shares after holding them for 30 days or less) 2.00% none none
Exchange Fee none none none

Annual Fund Operating Expenses

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

 

Annual Fund Operating Expenses - Cboe Vest S&P 500 Buffer Strategy Fund
Investor Class Shares
Institutional Class Shares
Class Y Shares
Management Fee 0.75% 0.75% 0.75%
Distribution (12b-1) and Service Fees 0.25% none none
Shareholder Services Plan 0.15% 0.03% none
Other Expenses 2.59% 2.49% 2.49%
Total Annual Fund Operating Expenses 3.74% 3.27% 3.24%
Fee Waivers and/or Expense Reimbursements (2.54%) [1] (2.32%) [1] (2.54%) [2]
Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements) 1.20% [1] 0.95% [1] 0.70% [2]
[1] Effective August 16, 2018, Cboe Vest Financial LLC (the "Adviser") has entered into a written expense limitation agreement under which it has agreed to limit the total expenses of the Fund (exclusive of interest, distribution fees pursuant to Rule 12b-1 Plans, taxes, acquired fund fees and expenses, brokerage commissions, extraordinary expenses and dividend expense on short sales) to an annual rate of 0.95% of the average daily net assets of each class of shares of the Fund offered in this prospectus, except for the Class Y shares where the Adviser has agreed to limit the total expenses to 0.70%. The Adviser may not terminate this expense limitation agreement prior to February 28, 2020. Each waiver or reimbursement of an expense by the Adviser is subject to repayment by the Fund within three years following the date such waiver and/or reimbursement was made, provided that the Fund is able to make the repayment without exceeding the expense limitation in place at the time of the waiver or reimbursement and at the time the waiver or reimbursement is recouped.
[2] "Fee Waivers and/or Expense Reimbursements" and "Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements)" for Class Y Shares have been restated to reflect the contractual reduction in the annual expense limit for Class Y from 0.75% to 0.70% (exclusive of interest, distribution fees pursuant to Rule 12b-1 Plans, taxes, acquired fund fees and expenses, brokerage commissions, extraordinary expenses and dividend expense on short sales).

Example

 

This example is intended to help you compare the cost 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. The effect of the Adviser’s agreement to waive fees and/or reimburse expenses is only reflected in the first year of each example shown below. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

Expense Example - Cboe Vest S&P 500 Buffer Strategy Fund - USD ($)
ExpenseExampleYear01
ExpenseExampleYear03
ExpenseExampleYear05
ExpenseExampleYear10
Investor Class Shares 122 909 1,715 3,821
Institutional Class Shares 97 789 1,506 3,408
Class Y Shares 72 759 1,472 3,365
~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column dei_LegalEntityAxis compact fil_S000053823Member column rr_ProspectusShareClassAxis compact * row primary compact * ~
~ http://xbrl.sec.gov/rr/role/PerformanceTableData column dei_LegalEntityAxis compact fil_S000053823Member column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~
~ http://xbrl.sec.gov/rr/role/MarketIndexPerformanceData column dei_LegalEntityAxis compact fil_S000053823Member row primary compact * row rr_PerformanceMeasureAxis compact * ~
XML 13 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Cboe Vest S&P 500 Enhanced Growth Strategy Fund

The disclosure under “Fund Summary – Fees and Expenses of the Fund” in the Prospectus of the Cboe Vest S&P 500® Enhanced Growth Strategy Fund is hereby replaced with:

 

Cboe Vest S&P 500® Enhanced Growth Strategy Fund

 

Fees and Expenses of the Fund

 

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

Shareholder Fees

(fees paid directly from your investment)

 

Shareholder Fees - Cboe Vest S&P 500 Enhanced Growth Strategy Fund
Investor Class Shares
Institutional Class Shares
Class Y Shares
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) none none none
Maximum deferred sales charges (load) (as a percentage of the NAV at time of purchase) none none none
Redemption Fee (as a percentage of the amount redeemed on shares after holding them for 30 days or less) 2.00% none none
Exchange Fee none none none

Annual Fund Operating Expenses

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

 

Annual Fund Operating Expenses - Cboe Vest S&P 500 Enhanced Growth Strategy Fund
Investor Class Shares
Institutional Class Shares
Class Y Shares
Management Fee 0.75% 0.75% 0.75%
Distribution (12b-1) and Service Fees 0.25% none none
Shareholder Services Plan [1] 0.15% 0.10% none
Other Expenses [1] 0.50% 0.50% 0.50%
Total Annual Fund Operating Expenses 1.65% 1.35% 1.25%
Fee Waivers and/or Expense Reimbursements (0.45%) [2] (0.40%) [2] (0.50%) [3]
Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements) 1.20% [2] 0.95% [2] 0.70% [3]
[1] Other Expenses and Shareholder Services Plan are estimated for the Fund's initial fiscal year.
[2] Effective August 16, 2016, Cboe Vest Financial LLC (the "Adviser") has entered into a written expense limitation agreement under which it has agreed to limit the total expenses of the Fund (exclusive of interest, distribution fees pursuant to Rule 12b-1 Plans, taxes, acquired fund fees and expenses, brokerage commissions, extraordinary expenses and dividend expense on short sales) to an annual rate of 0.95% of the average daily net assets of each class of shares of the Fund offered in this prospectus, except for the Class Y shares where the Adviser has agreed to limit the total expenses to 0.70%. The Adviser may not terminate this expense limitation agreement prior to February 28, 2020. Each waiver or reimbursement of an expense by the Adviser is subject to repayment by the Fund within three years following the date such waiver and/or reimbursement was made, provided that the Fund is able to make the repayment without exceeding the expense limitation in place at the time of the waiver or reimbursement and at the time the waiver or reimbursement is recouped.
[3] "Fee Waivers and/or Expense Reimbursements" and "Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements)" for Class Y Shares have been restated to reflect the contractual reduction in the annual expense limit for Class Y from 0.75% to 0.70% (exclusive of interest, distribution fees pursuant to Rule 12b-1 Plans, taxes, acquired fund fees and expenses, brokerage commissions, extraordinary expenses and dividend expense on short sales).

Example

 

This example is intended to help you compare the cost 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. The effect of the Adviser’s agreement to waive fees and/or reimburse expenses is only reflected in the first year of each example shown below. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

Expense Example - Cboe Vest S&P 500 Enhanced Growth Strategy Fund - USD ($)
ExpenseExampleYear01
ExpenseExampleYear03
ExpenseExampleYear05
ExpenseExampleYear10
Investor Class Shares 122 476 855 1,917
Institutional Class Shares 97 388 701 1,589
Class Y Shares 72 342 633 1,463
~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column dei_LegalEntityAxis compact fil_S000055568Member column rr_ProspectusShareClassAxis compact * row primary compact * ~
~ http://xbrl.sec.gov/rr/role/PerformanceTableData column dei_LegalEntityAxis compact fil_S000055568Member column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~
~ http://xbrl.sec.gov/rr/role/MarketIndexPerformanceData column dei_LegalEntityAxis compact fil_S000055568Member row primary compact * row rr_PerformanceMeasureAxis compact * ~
XML 14 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Label Element Value
RiskReturnAbstract rr_RiskReturnAbstract  
DocumentType dei_DocumentType 497
DocumentPeriodEndDate dei_DocumentPeriodEndDate Aug. 24, 2018
EntityRegistrantName dei_EntityRegistrantName World Funds Trust
EntityCentralIndexKey dei_EntityCentralIndexKey 0001396092
AmendmentFlag dei_AmendmentFlag false
TradingSymbol dei_TradingSymbol wft
ObjectivePrimaryTextBlock rr_ObjectivePrimaryTextBlock

The Cboe Vest Family of Funds

 

Cboe Vest S&P 500® Buffer Strategy Fund

Cboe Vest S&P 500® Enhanced Growth Strategy Fund

Cboe Vest S&P 500® Dividend Aristocrats Target Income Fund

Cboe Vest S&P 500® Enhance and Buffer Fund

 

(collectively, the “Funds”)

 

8730 Stony Point Parkway, Suite 205

Richmond, Virginia 23235

 

Supplement dated August 24, 2018

to the Prospectuses for Class Y Shares

dated February 28, 2018

(as supplemented from time to time)

 

* * * * * * * *

 

Effective immediately, the minimum required initial investment into Class Y Shares of the Funds has been reduced from $30,000,000 to $10,000,000 and the disclosure under “Fund Summary - Purchase and Sale of Fund Shares” in each of the Funds’ Prospectuses is hereby updated to reflect this new minimum initial investment amount.

 

Also effective immediately, the circumstances under which the minimum initial investment amount may be waived and how the requirement to meet the initial investment minimum is applied have been changed. Accordingly, the disclosure under “How to Buy Shares – Minimum Investments” is hereby replaced with:

 

            “Minimum Investments. The minimum initial investment for Investor Class Shares is $1,000 and $100,000 for Institutional Class Shares. The minimum initial investment for Class Y Shares is $10,000,000, except there is no minimum initial investment for participants of employee benefit plans established under Section 401(a) (including a 401(k) plan), 403(b) or 457(b) of the Code, if the shares are held in an omnibus account on the Fund’s records and an unaffiliated third party provides administrative and/or other support services to the plan. Subsequent investments must be in amounts of $100 or more for Investor Class Shares and Institutional Class Shares. There is no minimum subsequent investment amount for Class Y Shares. The Adviser may waive the minimum initial investment requirement in its sole discretion, for instances including but not limited to, purchases made by directors, officers and employees of the Trust, the Adviser or any of their respective affiliates, purchases by entities affiliated with the Adviser or the Trust, and certain related advisory accounts and retirement accounts (such as IRAs). The Trust may also change or waive policies concerning minimum investment amounts at any time. The Trust retains the right to refuse to accept any order.

 

Financial advisers with clients holding accounts in Classes of the Fund with lower initial investment minimums may aggregate the value of those individual client accounts in order for each of those accounts to qualify for a Class with a higher investment minimum. Please contact the Adviser if you believe you qualify under these criteria.

 

Plan sponsors, plan fiduciaries and other financial intermediaries may choose to impose qualification requirements for plans that differ from the Fund’s share class eligibility standards. In certain cases, this could result in the selection of a share class with higher service and distribution-related fees than those of another class available under the Fund’s share class eligibility criteria. The Fund is not responsible for, and has no control over, the decision of any plan sponsor, plan fiduciary or financial intermediary to impose such differing requirements. Please consult with your plan sponsor, plan fiduciary or financial intermediary for more information about available share classes as not all share classes may be made available.”

 

In addition, effective August 16, 2018, the expense limit for the Class Y Shares of the Cboe Vest S&P 500® Buffer Strategy Fund and the Cboe Vest S&P 500® Enhanced Growth Strategy Fund was reduced from 0.75% to 0.70%. Accordingly, the disclosure under “Fund Summary – Fees and Expenses of the Fund” in the Prospectus of the Cboe Vest S&P 500® Buffer Strategy Fund is hereby replaced with:

 

Cboe Vest S&P 500 Buffer Strategy Fund  
RiskReturnAbstract rr_RiskReturnAbstract  
ExpenseHeading rr_ExpenseHeading

 

Fees and Expenses of the Fund

 

ExpenseNarrativeTextBlock rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

ShareholderFeesCaption rr_ShareholderFeesCaption

Shareholder Fees

(fees paid directly from your investment)

 

OperatingExpensesCaption rr_OperatingExpensesCaption

Annual Fund Operating Expenses

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

 

ExpenseExampleHeading rr_ExpenseExampleHeading

Example

 

ExpenseExampleNarrativeTextBlock rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost 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. The effect of the Adviser’s agreement to waive fees and/or reimburse expenses is only reflected in the first year of each example shown below. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

Cboe Vest S&P 500 Buffer Strategy Fund | Investor Class Shares  
RiskReturnAbstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the NAV at time of purchase) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Redemption Fee (as a percentage of the amount redeemed on shares after holding them for 30 days or less) {negatedLabel} rr_RedemptionFeeOverRedemption (2.00%)
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.75%
Distribution (12b-1) and Service Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Shareholder Services Plan rr_Component1OtherExpensesOverAssets 0.15%
Other Expenses rr_OtherExpensesOverAssets 2.59%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.74%
Fee Waivers and/or Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (2.54%) [1]
Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements) rr_NetExpensesOverAssets 1.20% [1]
ExpenseExampleYear01 rr_ExpenseExampleYear01 $ 122
ExpenseExampleYear03 rr_ExpenseExampleYear03 909
ExpenseExampleYear05 rr_ExpenseExampleYear05 1,715
ExpenseExampleYear10 rr_ExpenseExampleYear10 $ 3,821
Cboe Vest S&P 500 Buffer Strategy Fund | Institutional Class Shares  
RiskReturnAbstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the NAV at time of purchase) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Redemption Fee (as a percentage of the amount redeemed on shares after holding them for 30 days or less) {negatedLabel} rr_RedemptionFeeOverRedemption none
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.75%
Distribution (12b-1) and Service Fees rr_DistributionAndService12b1FeesOverAssets none
Shareholder Services Plan rr_Component1OtherExpensesOverAssets 0.03%
Other Expenses rr_OtherExpensesOverAssets 2.49%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.27%
Fee Waivers and/or Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (2.32%) [1]
Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements) rr_NetExpensesOverAssets 0.95% [1]
ExpenseExampleYear01 rr_ExpenseExampleYear01 $ 97
ExpenseExampleYear03 rr_ExpenseExampleYear03 789
ExpenseExampleYear05 rr_ExpenseExampleYear05 1,506
ExpenseExampleYear10 rr_ExpenseExampleYear10 $ 3,408
Cboe Vest S&P 500 Buffer Strategy Fund | Class Y Shares  
RiskReturnAbstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the NAV at time of purchase) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Redemption Fee (as a percentage of the amount redeemed on shares after holding them for 30 days or less) {negatedLabel} rr_RedemptionFeeOverRedemption none
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.75%
Distribution (12b-1) and Service Fees rr_DistributionAndService12b1FeesOverAssets none
Shareholder Services Plan rr_Component1OtherExpensesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 2.49%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.24%
Fee Waivers and/or Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (2.54%) [2]
Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements) rr_NetExpensesOverAssets 0.70% [2]
ExpenseExampleYear01 rr_ExpenseExampleYear01 $ 72
ExpenseExampleYear03 rr_ExpenseExampleYear03 759
ExpenseExampleYear05 rr_ExpenseExampleYear05 1,472
ExpenseExampleYear10 rr_ExpenseExampleYear10 $ 3,365
Cboe Vest S&P 500 Enhanced Growth Strategy Fund  
RiskReturnAbstract rr_RiskReturnAbstract  
RiskReturnHeading rr_RiskReturnHeading

The disclosure under “Fund Summary – Fees and Expenses of the Fund” in the Prospectus of the Cboe Vest S&P 500® Enhanced Growth Strategy Fund is hereby replaced with:

 

ObjectiveHeading rr_ObjectiveHeading

Cboe Vest S&P 500® Enhanced Growth Strategy Fund

 

ExpenseHeading rr_ExpenseHeading

Fees and Expenses of the Fund

 

ExpenseNarrativeTextBlock rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

ShareholderFeesCaption rr_ShareholderFeesCaption

Shareholder Fees

(fees paid directly from your investment)

 

OperatingExpensesCaption rr_OperatingExpensesCaption

Annual Fund Operating Expenses

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

 

ExpenseExampleHeading rr_ExpenseExampleHeading

Example

 

ExpenseExampleNarrativeTextBlock rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost 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. The effect of the Adviser’s agreement to waive fees and/or reimburse expenses is only reflected in the first year of each example shown below. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

Cboe Vest S&P 500 Enhanced Growth Strategy Fund | Investor Class Shares  
RiskReturnAbstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the NAV at time of purchase) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Redemption Fee (as a percentage of the amount redeemed on shares after holding them for 30 days or less) {negatedLabel} rr_RedemptionFeeOverRedemption (2.00%)
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.75%
Distribution (12b-1) and Service Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Shareholder Services Plan rr_Component1OtherExpensesOverAssets 0.15% [3]
Other Expenses rr_OtherExpensesOverAssets 0.50% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.65%
Fee Waivers and/or Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.45%) [4]
Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements) rr_NetExpensesOverAssets 1.20% [4]
ExpenseExampleYear01 rr_ExpenseExampleYear01 $ 122
ExpenseExampleYear03 rr_ExpenseExampleYear03 476
ExpenseExampleYear05 rr_ExpenseExampleYear05 855
ExpenseExampleYear10 rr_ExpenseExampleYear10 $ 1,917
Cboe Vest S&P 500 Enhanced Growth Strategy Fund | Institutional Class Shares  
RiskReturnAbstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the NAV at time of purchase) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Redemption Fee (as a percentage of the amount redeemed on shares after holding them for 30 days or less) {negatedLabel} rr_RedemptionFeeOverRedemption none
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.75%
Distribution (12b-1) and Service Fees rr_DistributionAndService12b1FeesOverAssets none
Shareholder Services Plan rr_Component1OtherExpensesOverAssets 0.10% [3]
Other Expenses rr_OtherExpensesOverAssets 0.50% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.35%
Fee Waivers and/or Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.40%) [4]
Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements) rr_NetExpensesOverAssets 0.95% [4]
ExpenseExampleYear01 rr_ExpenseExampleYear01 $ 97
ExpenseExampleYear03 rr_ExpenseExampleYear03 388
ExpenseExampleYear05 rr_ExpenseExampleYear05 701
ExpenseExampleYear10 rr_ExpenseExampleYear10 $ 1,589
Cboe Vest S&P 500 Enhanced Growth Strategy Fund | Class Y Shares  
RiskReturnAbstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charges (load) (as a percentage of the NAV at time of purchase) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Redemption Fee (as a percentage of the amount redeemed on shares after holding them for 30 days or less) {negatedLabel} rr_RedemptionFeeOverRedemption none
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fee rr_ManagementFeesOverAssets 0.75%
Distribution (12b-1) and Service Fees rr_DistributionAndService12b1FeesOverAssets none
Shareholder Services Plan rr_Component1OtherExpensesOverAssets none [3]
Other Expenses rr_OtherExpensesOverAssets 0.50% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.25%
Fee Waivers and/or Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.50%) [2]
Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements) rr_NetExpensesOverAssets 0.70% [2]
ExpenseExampleYear01 rr_ExpenseExampleYear01 $ 72
ExpenseExampleYear03 rr_ExpenseExampleYear03 342
ExpenseExampleYear05 rr_ExpenseExampleYear05 633
ExpenseExampleYear10 rr_ExpenseExampleYear10 $ 1,463
[1] Effective August 16, 2018, Cboe Vest Financial LLC (the "Adviser") has entered into a written expense limitation agreement under which it has agreed to limit the total expenses of the Fund (exclusive of interest, distribution fees pursuant to Rule 12b-1 Plans, taxes, acquired fund fees and expenses, brokerage commissions, extraordinary expenses and dividend expense on short sales) to an annual rate of 0.95% of the average daily net assets of each class of shares of the Fund offered in this prospectus, except for the Class Y shares where the Adviser has agreed to limit the total expenses to 0.70%. The Adviser may not terminate this expense limitation agreement prior to February 28, 2020. Each waiver or reimbursement of an expense by the Adviser is subject to repayment by the Fund within three years following the date such waiver and/or reimbursement was made, provided that the Fund is able to make the repayment without exceeding the expense limitation in place at the time of the waiver or reimbursement and at the time the waiver or reimbursement is recouped.
[2] "Fee Waivers and/or Expense Reimbursements" and "Total Annual Fund Operating Expenses (after fee waivers and expense reimbursements)" for Class Y Shares have been restated to reflect the contractual reduction in the annual expense limit for Class Y from 0.75% to 0.70% (exclusive of interest, distribution fees pursuant to Rule 12b-1 Plans, taxes, acquired fund fees and expenses, brokerage commissions, extraordinary expenses and dividend expense on short sales).
[3] Other Expenses and Shareholder Services Plan are estimated for the Fund's initial fiscal year.
[4] Effective August 16, 2016, Cboe Vest Financial LLC (the "Adviser") has entered into a written expense limitation agreement under which it has agreed to limit the total expenses of the Fund (exclusive of interest, distribution fees pursuant to Rule 12b-1 Plans, taxes, acquired fund fees and expenses, brokerage commissions, extraordinary expenses and dividend expense on short sales) to an annual rate of 0.95% of the average daily net assets of each class of shares of the Fund offered in this prospectus, except for the Class Y shares where the Adviser has agreed to limit the total expenses to 0.70%. The Adviser may not terminate this expense limitation agreement prior to February 28, 2020. Each waiver or reimbursement of an expense by the Adviser is subject to repayment by the Fund within three years following the date such waiver and/or reimbursement was made, provided that the Fund is able to make the repayment without exceeding the expense limitation in place at the time of the waiver or reimbursement and at the time the waiver or reimbursement is recouped.
XML 15 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 16 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 18 FilingSummary.xml IDEA: XBRL DOCUMENT 3.10.0.1 html 9 37 1 true 8 0 false 2 false false R1.htm 000010 - Document - Document and Entity Information Sheet http://www.theworldfundstrust.com/20180824/role/idr_DocumentDocumentAndEntityInformation Document and Entity Information 1 false false R2.htm 010000 - Document - Risk/Return Summary {Unlabeled} Sheet http://xbrl.sec.gov/rr/role/RiskReturn Risk/Return Summary 2 false true R3.htm 010001 - Document - Cboe Vest S&P 500 Buffer Strategy Fund {Unlabeled} Sheet http://www.theworldfundstrust.com/20180824/role/idr_DocumentRiskReturnSummaryUnlabeledS000053823 Cboe Vest S&P 500 Buffer Strategy Fund 3 false true R4.htm 010002 - Document - Cboe Vest S&P 500 Enhanced Growth Strategy Fund {Unlabeled} Sheet http://www.theworldfundstrust.com/20180824/role/idr_DocumentRiskReturnSummaryUnlabeledS000055568 Cboe Vest S&P 500 Enhanced Growth Strategy Fund 4 false true R8.htm 030000 - Document - Risk/Return Detail {Unlabeled} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetail Risk/Return Detail 5 false false All Reports Book All Reports wft-20180824.xml wft-20180824.xsd wft-20180824_cal.xml wft-20180824_def.xml wft-20180824_lab.xml wft-20180824_pre.xml http://xbrl.sec.gov/rr/2012-01-31 http://xbrl.sec.gov/dei/2012-01-31 true true ZIP 20 0001209286-18-000572-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001209286-18-000572-xbrl.zip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�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end