X0101 EFFECT 33 LIVE 2013-06-26 0001193125-13-267251 485APOS 0001547625 Arden Investment Series Trust 333-180881 S000040926 Arden Variable Alternative Strategies Fund C000126938 Class 1 Shares S000040926 Arden Variable Alternative Strategies Fund C000126939 Class 2 Shares S000040926 Arden Variable Alternative Strategies Fund C000130370 Class 3