0001398344-18-015663.txt : 20181031 0001398344-18-015663.hdr.sgml : 20181031 20181031125739 ACCESSION NUMBER: 0001398344-18-015663 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 24 FILED AS OF DATE: 20181031 DATE AS OF CHANGE: 20181031 EFFECTIVENESS DATE: 20181031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Advisors' Inner Circle Fund III CENTRAL INDEX KEY: 0001593547 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-192858 FILM NUMBER: 181149504 BUSINESS ADDRESS: STREET 1: ONE FREEDOM VALLEY DRIVE CITY: OAKS STATE: PA ZIP: 19456 BUSINESS PHONE: (800) 342-5734 MAIL ADDRESS: STREET 1: ONE FREEDOM VALLEY DRIVE CITY: OAKS STATE: PA ZIP: 19456 0001593547 S000056684 BNP PARIBAS AM ABSOLUTE RETURN FIXED INCOME FUND C000179441 Institutional Shares BNPFX C000179442 Retail Shares BNPHX C000179443 Investor Shares BNPGX 0001593547 S000056685 BNP PARIBAS AM GLOBAL INFLATION-LINKED BOND FUND C000179444 Institutional Shares BNPIX C000179445 Investor Shares BNPJX C000179446 Retail Shares BNPKX 0001593547 S000056686 BNP PARIBAS AM EMERGING MARKETS TOTAL RETURN FIXED INCOME FUND C000179447 Institutional Shares BNPLX C000179448 Investor Shares BNPMX C000179449 Retail Shares BNPNX 0001593547 S000056687 BNP Paribas AM EMERGING MARKETS EQUITY FUND C000179450 Institutional Shares BNPOX C000179451 Investor Shares BNPPX C000179452 Retail Shares BNPQX 0001593547 S000056688 BNP PARIBAS AM MBS FUND C000179453 Investor Shares BNPSX C000179454 Retail Shares BNPTX C000179455 Institutional Shares BNPRX 0001593547 S000056689 BNP Paribas AM U.S. SMALL CAP EQUITY FUND C000179456 Institutional Shares BNPUX C000179457 Investor Shares BNPVX C000179458 Retail Shares BNPWX 0001593547 S000058156 BNP Paribas AM U.S. Inflation-Linked Bond Fund C000190412 Institutional Shares BNPBX C000190413 Investor Shares BNPDX C000190414 Retail Shares BNPEX 497 1 fp0036363_497-xbrl.htm

EXPLANATORY NOTE

 

The sole purpose of this filing is to file revised risk/return summary information for the BNP Paribas AM Absolute Return Fixed Income Fund, BNP Paribas AM Global Inflation-Linked Bond Fund, BNP Paribas AM Emerging Markets Equity Fund, BNP Paribas AM MBS Fund, BNP Paribas AM U.S. Small Cap Equity Fund, BNP Paribas AM Emerging Markets Total Return Fixed Income Fund and BNP Paribas AM U.S. Inflation-Linked Bond Fund, as electronically filed with the SEC pursuant to Rule 497(e) under the Securities Act of 1933, as amended, on October 10, 2018 (SEC Accession No. 0001398344-18-014730), in interactive data format.

 

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Example Closing [Text Block] Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Strategy [Heading] Strategy Narrative [Text Block] Risk [Heading] Risk Narrative [Text Block] Risk Footnotes [Text Block] Risk Closing [Text Block] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Bar Chart Narrative [Text Block] Bar Chart [Heading] Bar Chart [Table] Bar Chart Footnotes [Text Block] Bar Chart Closing [Text Block] Performance Table Heading Performance Table Narrative Performance [Table] Market Index Performance [Table] Performance Table Footnotes Performance Table Closing [Text Block] Prospectus Supplement Text Block Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses Column [Text] Management Fees (as a percentage of Assets) Distribution and Service (12b-1) Fees Distribution or Similar (Non 12b-1) Fees Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Other Expenses (as a percentage of Assets): Acquired Fund Fees and Expenses Expenses (as a percentage of Assets) Fee Waiver or Reimbursement Net Expenses (as a percentage of Assets) Expense Example, By Year, Column [Text] Expense Example, with Redemption, 1 Year Expense Example, with Redemption, 3 Years Expense Example, with Redemption, 5 Years Expense Example, with Redemption, 10 Years Expense Example, No Redemption, By Year, Column [Text] Expense Example, No Redemption, 1 Year Expense Example, No Redemption, 3 Years Expense Example, No Redemption, 5 Years Expense Example, No Redemption, 10 Years Annual Return Caption [Text] Annual Return, Column [Text] Annual Return, Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Annual Return 2003 Annual Return 2004 Annual Return 2005 Annual Return 2006 Annual Return 2007 Annual Return 2008 Annual Return 2009 Annual Return 2010 Annual Return 2011 Annual Return 2012 Annual Return 2013 Annual Return 2014 Annual Return 2015 Annual Return 2016 Annual Return 2017 Annual Return 2018 Annual Return 2019 Annual Return 2020 Label 1 Year 5 Years 10 Years Since Inception Inception Date Risk/Return Detail [Table] Risk/Return [Heading] Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint Discounts [Text] Expense Breakpoint, Minimum Investment Required [Amount] Expense Exchange Traded Fund Commissions [Text] Expenses Represent Both Master and Feeder [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Strategy Portfolio Concentration [Text] Risk Lose Money [Text] Risk Nondiversified Status [Text] Risk Money Market Fund [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Column [Text] Risk [Text] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Performance Availability Phone [Text] Performance Availability Website Address [Text] Performance Past Does Not Indicate Future [Text] Bar Chart Does Not Reflect Sales Loads [Text] Bar Chart, Reason Selected Class Different from Immediately Preceding Period [Text] Bar Chart, Returns for Class Not Offered in Prospectus [Text] Year to Date Return, Label Bar Chart, Year to Date Return, Date Bar Chart, Year to Date Return Highest Quarterly Return, Label Highest Quarterly Return, Date Highest Quarterly Return Lowest Quarterly Return, Label Lowest Quarterly Return, Date Lowest Quarterly Return Performance Table Does Reflect Sales Loads Performance Table Market Index Changed Index No Deduction for Fees, Expenses, Taxes [Text] Performance Table Uses Highest Federal Rate Performance Table Not Relevant to Tax Deferred Performance Table One Class of after Tax Shown [Text] Performance Table Explanation after Tax Higher Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period [Text] Caption Column Money Market Seven Day Yield, Caption [Text] Money Market Seven Day Yield Column [Text] Money Market Seven Day Yield Phone Money Market Seven Day Yield Money Market Seven Day Tax Equivalent Yield Thirty Day Yield Caption Thirty Day Yield Column [Text] Thirty Day Yield Phone Thirty Day Yield Thirty Day Tax Equivalent Yield EX-101.PRE 8 aiciii-20181010_pre.xml XBRL PRESENTATION FILE GRAPHIC 9 ml_logo.jpg GRAPHIC begin 644 ml_logo.jpg M_]C_X 02D9)1@ ! 0$ > !X #_VP!# ," @," @,# P,$ P,$!0@%!00$ M!0H'!P8(# H,# L*"PL-#A(0#0X1#@L+$!80$1,4%145# \7&!84&!(4%13_ MVP!# 0,$! 4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04 M%!04%!04%!04%!04%!04%!04%!04%!3_P 1" Q 1$# 2( A$! 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Document and Entity Information
Oct. 10, 2018
Document And Entity Information  
Document Type 497
Document Period End Date Feb. 05, 2018
Registrant Name Advisors' Inner Circle Fund III
Central Index Key 0001593547
Amendment Flag false
Document Creation Date Oct. 10, 2018
Document Effective Date Oct. 10, 2018
Prospectus Date Jan. 28, 2018
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Oct. 10, 2018
BNP PARIBAS AM ABSOLUTE RETURN FIXED INCOME FUND

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

XML 14 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Oct. 10, 2018
BNP PARIBAS AM GLOBAL INFLATION-LINKED BOND FUND

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Oct. 10, 2018
BNP PARIBAS AM EMERGING MARKETS EQUITY FUND

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

XML 16 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Oct. 10, 2018
BNP PARIBAS AM MBS FUND

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Oct. 10, 2018
BNP PARIBAS AM U.S. SMALL CAP EQUITY FUND

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

XML 18 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Oct. 10, 2018
BNP PARIBAS AM EMERGING MARKETS TOTAL RETURN FIXED INCOME FUND

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

XML 19 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Oct. 10, 2018
BNP PARIBAS AM U.S. INFLATION-LINKED BOND FUND

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

XML 20 R9.htm IDEA: XBRL DOCUMENT v3.10.0.1
Label Element Value
Risk Return Abstract rr_RiskReturnAbstract  
Document Type dei_DocumentType 497
Document Period End Date dei_DocumentPeriodEndDate Feb. 05, 2018
Registrant Name dei_EntityRegistrantName Advisors' Inner Circle Fund III
Central Index Key dei_EntityCentralIndexKey 0001593547
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Oct. 10, 2018
Document Effective Date dei_DocumentEffectiveDate Oct. 10, 2018
Prospectus Date rr_ProspectusDate Jan. 28, 2018
BNP PARIBAS AM ABSOLUTE RETURN FIXED INCOME FUND  
Risk Return Abstract rr_RiskReturnAbstract  
Prospectus Supplement Text Block aiciii_ProspectusSupplementTextBlock

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

BNP PARIBAS AM GLOBAL INFLATION-LINKED BOND FUND  
Risk Return Abstract rr_RiskReturnAbstract  
Prospectus Supplement Text Block aiciii_ProspectusSupplementTextBlock

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

BNP PARIBAS AM EMERGING MARKETS TOTAL RETURN FIXED INCOME FUND  
Risk Return Abstract rr_RiskReturnAbstract  
Prospectus Supplement Text Block aiciii_ProspectusSupplementTextBlock

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

BNP PARIBAS AM EMERGING MARKETS EQUITY FUND  
Risk Return Abstract rr_RiskReturnAbstract  
Prospectus Supplement Text Block aiciii_ProspectusSupplementTextBlock

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

BNP PARIBAS AM MBS FUND  
Risk Return Abstract rr_RiskReturnAbstract  
Prospectus Supplement Text Block aiciii_ProspectusSupplementTextBlock

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

BNP PARIBAS AM U.S. SMALL CAP EQUITY FUND  
Risk Return Abstract rr_RiskReturnAbstract  
Prospectus Supplement Text Block aiciii_ProspectusSupplementTextBlock

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

BNP PARIBAS AM U.S. INFLATION-LINKED BOND FUND  
Risk Return Abstract rr_RiskReturnAbstract  
Prospectus Supplement Text Block aiciii_ProspectusSupplementTextBlock

THE ADVISORS’ INNER CIRCLE FUND III

 

BNP Paribas AM Absolute Return Fixed Income Fund

BNP Paribas AM Global Inflation-Linked Bond Fund

BNP Paribas AM Emerging Markets Equity Fund

BNP Paribas AM MBS Fund

BNP Paribas AM U.S. Small Cap Equity Fund

BNP Paribas AM Emerging Markets Total Return Fixed Income Fund

BNP Paribas AM U.S. Inflation-Linked Bond Fund

(the “Funds”)

 

Supplement dated October 10, 2018

to the

Funds’ Prospectus dated January 28, 2018, as supplemented September 14, 2018 (the “Prospectus”)

 

This supplement provides new and additional information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.

 

Beginning on October 10, 2018 (the “Effective Date”), BNP PARIBAS ASSET MANAGEMENT USA, Inc., the Funds’ investment adviser, will maintain a website for the Funds at www.bnpparibas-am.us. Accordingly, as of the Effective Date, the Prospectus is hereby amended and supplemented as follows:

 

  1. The last sentence of each “Performance Information” section is deleted and replaced with the following:

 

Current performance information is available by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  2. The following sentence is added under the “General Information” heading in the “Purchasing, Selling and Exchanging Fund Shares” section:

 

You may obtain the current NAV of a Fund by calling 1-844-4BNPPAM (1-844-426-7726) or on the Funds’ website at www.bnpparibas-am.us.

 

  3. On the back cover, the disclosure relating to the Funds’ internet address is deleted and replaced with the following:

 

By Internet: www.bnpparibas-am.us

 

Please retain this supplement for future reference.

 

BNP-SK-004-0100

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