497

Advisers Investment Trust

EXPLANATORY NOTE

Attached for filing are exhibits containing interactive data format risk/return summary information that reflect the risk/return summary information in the Supplement dated August 1, 2018 to the Summary Prospectus and Prospectus dated January 28, 2018, filed pursuant to Rule 497 of the Securities Act of 1933, as amended, with the Securities Exchange Commission on August 1, 2018 (Accession No. 0001193125-18-234363) with respect to the JOHCM Asia Ex-Japan Equity Fund.

XML

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Document Type	dei_DocumentType	497
Document Period End Date	dei_DocumentPeriodEndDate	Sep. 30, 2017
Registrant Name	dei_EntityRegistrantName	Advisers Investment Trust
Central Index Key	dei_EntityCentralIndexKey	0001516523
Amendment Flag	dei_AmendmentFlag	false
Document Creation Date	dei_DocumentCreationDate	Aug. 01, 2018
Document Effective Date	dei_DocumentEffectiveDate	Aug. 01, 2018
Prospectus Date	rr_ProspectusDate	Jan. 28, 2018

XML

Jan. 28, 2018

JOHCM ASIA EX-JAPAN EQUITY FUND

A SERIES OF ADVISERS INVESTMENT TRUST

Supplement dated August 1, 2018

to the Summary Prospectus and the Prospectus dated January 28, 2018

CHANGE IN EXPENSE CAP FOR JOHCM ASIA EX-JAPAN EQUITY FUND

Effective August 1, 2018, J O Hambro Capital Management Limited, the investment adviser of the JOHCM Asia Ex-Japan Equity Fund (the “Fund”), has agreed to reduce the Fund’s Total Annual Fund Operating Expenses After Fee Waivers and Reimbursements by increasing the amount of contractual Fee Waivers and Reimbursements it provides to the Fund.

The Fees and Expenses and Example on page 1 of the Summary Prospectus and the sections titled “Fees and Expenses of the Fund” and “Example” beginning on page 21 of the Prospectus are deleted in their entirety and replaced with the following:

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.

	Institutional Shares			Class I     Shares			Class II     Shares
Shareholder Fees (Fees paid directly from your investment)
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)		None			None			None
Maximum Deferred Sales Charge (Load) Imposed on Purchases (as a percentage of net asset value)		None			None			None
Redemption Fee		None			None			None
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
Management Fee		1.09	%		1.09	%		1.09	%
Distribution (Rule 12b-1) fees		None			0.10	%		0.25	%
Other Expenses		0.21	%		0.21	%		0.21	%
Total Annual Fund Operating Expenses		1.30	%		1.40	%		1.55	%
Fee Waivers and Reimbursements 1		(0.50	%)		(0.50	%)		(0.50	%)
Total Annual Fund Operating Expenses After Fee Waivers and Reimbursements 1		0.80	%		0.90	%		1.05	%

¹  J O Hambro Capital Management Limited (the “Adviser”) has contractually agreed to waive fees and reimburse expenses to the extent that Total Annual Fund Operating Expenses (excluding brokerage costs, interest, taxes, dividends, litigation and indemnification expenses, expenses associated with investments in underlying investment companies, and extraordinary expenses) exceed 0.80%, 0.90% and 1.05% for Institutional Shares, Class I Shares and Class II Shares, respectively, until January 28, 2020. If it becomes unnecessary for the Adviser to waive fees or make reimbursements, the Adviser may recapture any of its prior waivers or reimbursements for a period not to exceed three years from the fiscal year in which the waiver or reimbursement was made to the extent that such a recapture does not cause the Total Annual Fund Operating Expenses (excluding brokerage costs, interest, taxes, dividends, litigation and indemnification expenses, expenses associated with investments in underlying investment companies, and extraordinary expenses) to exceed the current expense limitation or the applicable expense limitation that was in effect at the time of the waiver or reimbursement. The agreement to waive fees and reimburse expenses may be terminated by the Board of Trustees at any time and will terminate automatically upon termination of the Investment Management Agreement.

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 each year your investment has a 5% return and Fund operating expenses remain the same. The contractual expense limitation for the Fund is reflected only in the 1 year example. Although your actual costs and returns might be different, your approximate costs of investing $10,000 in the Fund would be as follows:

	1 year		3 years		5 years		10 years
Institutional Shares	$	82	$	363	$	665	$	1,524
Class I Shares	$	92	$	394	$	718	$	1,636
Class II Shares	$	107	$	441	$	797	$	1,803

XML

Label

Element

Value

Risk/Return:

rr_RiskReturnAbstract

Registrant Name

dei_EntityRegistrantName

Advisers Investment Trust

Prospectus Date

rr_ProspectusDate

Jan. 28, 2018

Supplement [Text Block]

ait_SupplementTextBlock

JOHCM ASIA EX-JAPAN EQUITY FUND

A SERIES OF ADVISERS INVESTMENT TRUST

Supplement dated August 1, 2018

to the Summary Prospectus and the Prospectus dated January 28, 2018

CHANGE IN EXPENSE CAP FOR JOHCM ASIA EX-JAPAN EQUITY FUND

Effective August 1, 2018, J O Hambro Capital Management Limited, the investment adviser of the JOHCM Asia Ex-Japan Equity Fund (the “Fund”), has agreed to reduce the Fund’s Total Annual Fund Operating Expenses After Fee Waivers and Reimbursements by increasing the amount of contractual Fee Waivers and Reimbursements it provides to the Fund.

The Fees and Expenses and Example on page 1 of the Summary Prospectus and the sections titled “Fees and Expenses of the Fund” and “Example” beginning on page 21 of the Prospectus are deleted in their entirety and replaced with the following:

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.

	Institutional Shares			Class I     Shares			Class II     Shares
Shareholder Fees (Fees paid directly from your investment)
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)		None			None			None
Maximum Deferred Sales Charge (Load) Imposed on Purchases (as a percentage of net asset value)		None			None			None
Redemption Fee		None			None			None
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
Management Fee		1.09	%		1.09	%		1.09	%
Distribution (Rule 12b-1) fees		None			0.10	%		0.25	%
Other Expenses		0.21	%		0.21	%		0.21	%
Total Annual Fund Operating Expenses		1.30	%		1.40	%		1.55	%
Fee Waivers and Reimbursements 1		(0.50	%)		(0.50	%)		(0.50	%)
Total Annual Fund Operating Expenses After Fee Waivers and Reimbursements 1		0.80	%		0.90	%		1.05	%

¹  J O Hambro Capital Management Limited (the “Adviser”) has contractually agreed to waive fees and reimburse expenses to the extent that Total Annual Fund Operating Expenses (excluding brokerage costs, interest, taxes, dividends, litigation and indemnification expenses, expenses associated with investments in underlying investment companies, and extraordinary expenses) exceed 0.80%, 0.90% and 1.05% for Institutional Shares, Class I Shares and Class II Shares, respectively, until January 28, 2020. If it becomes unnecessary for the Adviser to waive fees or make reimbursements, the Adviser may recapture any of its prior waivers or reimbursements for a period not to exceed three years from the fiscal year in which the waiver or reimbursement was made to the extent that such a recapture does not cause the Total Annual Fund Operating Expenses (excluding brokerage costs, interest, taxes, dividends, litigation and indemnification expenses, expenses associated with investments in underlying investment companies, and extraordinary expenses) to exceed the current expense limitation or the applicable expense limitation that was in effect at the time of the waiver or reimbursement. The agreement to waive fees and reimburse expenses may be terminated by the Board of Trustees at any time and will terminate automatically upon termination of the Investment Management Agreement.

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 each year your investment has a 5% return and Fund operating expenses remain the same. The contractual expense limitation for the Fund is reflected only in the 1 year example. Although your actual costs and returns might be different, your approximate costs of investing $10,000 in the Fund would be as follows:

	1 year		3 years		5 years		10 years
Institutional Shares	$	82	$	363	$	665	$	1,524
Class I Shares	$	92	$	394	$	718	$	1,636
Class II Shares	$	107	$	441	$	797	$	1,803

JOHCM Asia Ex-Japan Equity Fund

Risk/Return:

rr_RiskReturnAbstract

Supplement [Text Block]

ait_SupplementTextBlock

JOHCM ASIA EX-JAPAN EQUITY FUND

A SERIES OF ADVISERS INVESTMENT TRUST

Supplement dated August 1, 2018

to the Summary Prospectus and the Prospectus dated January 28, 2018

CHANGE IN EXPENSE CAP FOR JOHCM ASIA EX-JAPAN EQUITY FUND

Effective August 1, 2018, J O Hambro Capital Management Limited, the investment adviser of the JOHCM Asia Ex-Japan Equity Fund (the “Fund”), has agreed to reduce the Fund’s Total Annual Fund Operating Expenses After Fee Waivers and Reimbursements by increasing the amount of contractual Fee Waivers and Reimbursements it provides to the Fund.

The Fees and Expenses and Example on page 1 of the Summary Prospectus and the sections titled “Fees and Expenses of the Fund” and “Example” beginning on page 21 of the Prospectus are deleted in their entirety and replaced with the following:

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.

	Institutional Shares			Class I     Shares			Class II     Shares
Shareholder Fees (Fees paid directly from your investment)
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)		None			None			None
Maximum Deferred Sales Charge (Load) Imposed on Purchases (as a percentage of net asset value)		None			None			None
Redemption Fee		None			None			None
Annual Fund Operating Expenses
(Expenses that you pay each year as a percentage of the value of your investment)
Management Fee		1.09	%		1.09	%		1.09	%
Distribution (Rule 12b-1) fees		None			0.10	%		0.25	%
Other Expenses		0.21	%		0.21	%		0.21	%
Total Annual Fund Operating Expenses		1.30	%		1.40	%		1.55	%
Fee Waivers and Reimbursements 1		(0.50	%)		(0.50	%)		(0.50	%)
Total Annual Fund Operating Expenses After Fee Waivers and Reimbursements 1		0.80	%		0.90	%		1.05	%

¹  J O Hambro Capital Management Limited (the “Adviser”) has contractually agreed to waive fees and reimburse expenses to the extent that Total Annual Fund Operating Expenses (excluding brokerage costs, interest, taxes, dividends, litigation and indemnification expenses, expenses associated with investments in underlying investment companies, and extraordinary expenses) exceed 0.80%, 0.90% and 1.05% for Institutional Shares, Class I Shares and Class II Shares, respectively, until January 28, 2020. If it becomes unnecessary for the Adviser to waive fees or make reimbursements, the Adviser may recapture any of its prior waivers or reimbursements for a period not to exceed three years from the fiscal year in which the waiver or reimbursement was made to the extent that such a recapture does not cause the Total Annual Fund Operating Expenses (excluding brokerage costs, interest, taxes, dividends, litigation and indemnification expenses, expenses associated with investments in underlying investment companies, and extraordinary expenses) to exceed the current expense limitation or the applicable expense limitation that was in effect at the time of the waiver or reimbursement. The agreement to waive fees and reimburse expenses may be terminated by the Board of Trustees at any time and will terminate automatically upon termination of the Investment Management Agreement.

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 each year your investment has a 5% return and Fund operating expenses remain the same. The contractual expense limitation for the Fund is reflected only in the 1 year example. Although your actual costs and returns might be different, your approximate costs of investing $10,000 in the Fund would be as follows:

	1 year		3 years		5 years		10 years
Institutional Shares	$	82	$	363	$	665	$	1,524
Class I Shares	$	92	$	394	$	718	$	1,636
Class II Shares	$	107	$	441	$	797	$	1,803

Expense [Heading]

rr_ExpenseHeading

Fees and Expenses of the Fund

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.

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

January 28, 2020

Expense Example [Heading]

rr_ExpenseExampleHeading

Example

Expense Example Narrative [Text Block]

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 each year your investment has a 5% return and Fund operating expenses remain the same. The contractual expense limitation for the Fund is reflected only in the 1 year example. Although your actual costs and returns might be different, your approximate costs of investing $10,000 in the Fund would be as follows:

JOHCM Asia Ex-Japan Equity Fund | Institutional Shares

Risk/Return:

rr_RiskReturnAbstract

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice

none

Maximum Deferred Sales Charge (Load) Imposed on Purchases (as a percentage of net asset value)

rr_MaximumDeferredSalesChargeOverOther

none

Redemption Fee

rr_RedemptionFeeOverRedemption

none

Management Fee

rr_ManagementFeesOverAssets

1.09%

Distribution (Rule 12b-1) fees

rr_DistributionAndService12b1FeesOverAssets

none

Other Expenses

rr_OtherExpensesOverAssets

0.21%

Total Annual Fund Operating Expenses

rr_ExpensesOverAssets

1.30%

Fee Waivers and Reimbursements

rr_FeeWaiverOrReimbursementOverAssets

(0.50%)

^[1]

Total Annual Fund Operating Expenses After Fee Waivers and Reimbursements

rr_NetExpensesOverAssets

0.80%

^[1]

1 year

rr_ExpenseExampleYear01

$ 82

3 years

rr_ExpenseExampleYear03

363

5 years

rr_ExpenseExampleYear05

665

10 years

rr_ExpenseExampleYear10

$ 1,524

JOHCM Asia Ex-Japan Equity Fund | Class I Shares

Risk/Return:

rr_RiskReturnAbstract

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice

none

Maximum Deferred Sales Charge (Load) Imposed on Purchases (as a percentage of net asset value)

rr_MaximumDeferredSalesChargeOverOther

none

Redemption Fee

rr_RedemptionFeeOverRedemption

none

Management Fee

rr_ManagementFeesOverAssets

1.09%

Distribution (Rule 12b-1) fees

rr_DistributionAndService12b1FeesOverAssets

0.10%

Other Expenses

rr_OtherExpensesOverAssets

0.21%

Total Annual Fund Operating Expenses

rr_ExpensesOverAssets

1.40%

Fee Waivers and Reimbursements

rr_FeeWaiverOrReimbursementOverAssets

(0.50%)

^[1]

Total Annual Fund Operating Expenses After Fee Waivers and Reimbursements

rr_NetExpensesOverAssets

0.90%

^[1]

1 year

rr_ExpenseExampleYear01

$ 92

3 years

rr_ExpenseExampleYear03

394

5 years

rr_ExpenseExampleYear05

718

10 years

rr_ExpenseExampleYear10

$ 1,636

JOHCM Asia Ex-Japan Equity Fund | Class II Shares

Risk/Return:

rr_RiskReturnAbstract

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice

none

Maximum Deferred Sales Charge (Load) Imposed on Purchases (as a percentage of net asset value)

rr_MaximumDeferredSalesChargeOverOther

none

Redemption Fee

rr_RedemptionFeeOverRedemption

none

Management Fee

rr_ManagementFeesOverAssets

1.09%

Distribution (Rule 12b-1) fees

rr_DistributionAndService12b1FeesOverAssets

0.25%

Other Expenses

rr_OtherExpensesOverAssets

0.21%

Total Annual Fund Operating Expenses

rr_ExpensesOverAssets

1.55%

Fee Waivers and Reimbursements

rr_FeeWaiverOrReimbursementOverAssets

(0.50%)

^[1]

Total Annual Fund Operating Expenses After Fee Waivers and Reimbursements

rr_NetExpensesOverAssets

1.05%

^[1]

1 year

rr_ExpenseExampleYear01

$ 107

3 years

rr_ExpenseExampleYear03

441

5 years

rr_ExpenseExampleYear05

797

10 years

rr_ExpenseExampleYear10

$ 1,803

[1] J O Hambro Capital Management Limited (the “Adviser”) has contractually agreed to waive fees and reimburse expenses to the extent that Total Annual Fund Operating Expenses (excluding brokerage costs, interest, taxes, dividends, litigation and indemnification expenses, expenses associated with investments in underlying investment companies, and extraordinary expenses) exceed 0.80%, 0.90% and 1.05% for Institutional Shares, Class I Shares and Class II Shares, respectively, until January 28, 2020. If it becomes unnecessary for the Adviser to waive fees or make reimbursements, the Adviser may recapture any of its prior waivers or reimbursements for a period not to exceed three years from the fiscal year in which the waiver or reimbursement was made to the extent that such a recapture does not cause the Total Annual Fund Operating Expenses (excluding brokerage costs, interest, taxes, dividends, litigation and indemnification expenses, expenses associated with investments in underlying investment companies, and extraordinary expenses) to exceed the current expense limitation or the applicable expense limitation that was in effect at the time of the waiver or reimbursement. The agreement to waive fees and reimburse expenses may be terminated by the Board of Trustees at any time and will terminate automatically upon termination of the Investment Management Agreement.

XML

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Registrant Name	dei_EntityRegistrantName	Advisers Investment Trust
Prospectus Date	rr_ProspectusDate	Jan. 28, 2018
Document Creation Date	dei_DocumentCreationDate	Aug. 01, 2018