X0101 EFFECT 33 LIVE 2019-05-14 12:30:00

N-14

0000357204 Segall Bryant & Hamill Trust 333-230771 0000357204 Segall Bryant & Hamill Trust S000065429 Segall Bryant & Hamill All Cap Fund C000211582 Institutional Class 0001318342 Investment Managers Series Trust S000041250 Segall Bryant & Hamill All Cap Fund C000127904 Segall Bryant & Hamill All Cap Fund 0000357204 Segall Bryant & Hamill Trust S000065430 Segall Bryant & Hamill Emerging Markets Fund C000211583 Retail Class 0001318342 Investment Managers Series Trust S000050603 Segall Bryant & Hamill Emerging Markets Fund C000159726 Class A 0000357204 Segall Bryant & Hamill Trust S000065430 Segall Bryant & Hamill Emerging Markets Fund C000211584 Institutional Class 0001318342 Investment Managers Series Trust S000050603 Segall Bryant & Hamill Emerging Markets Fund C000159727 Class I 0000357204 Segall Bryant & Hamill Trust S000065431 Segall Bryant & Hamill International Small Cap Fund C000211585 Retail Class 0001318342 Investment Managers Series Trust S000050604 Segall Bryant & Hamill International Small Cap Fund C000159728 Class A 0000357204 Segall Bryant & Hamill Trust S000065431 Segall Bryant & Hamill International Small Cap Fund C000211586 Institutional Class 0001318342 Investment Managers Series Trust S000050604 Segall Bryant & Hamill International Small Cap Fund C000159729 Class I 0000357204 Segall Bryant & Hamill Trust S000065432 Segall Bryant & Hamill Small Cap Value Fund C000211587 Institutional Class 0001318342 Investment Managers Series Trust S000041251 Segall Bryant & Hamill Small Cap Value Fund C000127905 Segall Bryant & Hamill Small Cap Value Fund