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Label Element Value
Prospectus [Line Items] rr_ProspectusLineItems  
Document Type dei_DocumentType 497
Document Period End Date dei_DocumentPeriodEndDate Dec. 31, 2018
Entity Registrant Name dei_EntityRegistrantName FENIMORE ASSET MANAGEMENT TRUST
Entity Central Index Key dei_EntityCentralIndexKey 0000797136
Amendment Flag dei_AmendmentFlag false
Entity Inv Company Type dei_EntityInvCompanyType N-1A
Document Creation Date dei_DocumentCreationDate May 20, 2019
Document Effective Date dei_DocumentEffectiveDate May 20, 2019
Prospectus Date rr_ProspectusDate May 01, 2019
FAM Equity-Income Fund  
Prospectus [Line Items] rr_ProspectusLineItems  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

FENIMORE ASSET MANAGEMENT TRUST

 

FAM Equity-Income Fund (the "Fund")(FAMEX)

 

Investor Shares

 

Supplement dated May 20, 2019

to the Prospectus, the Summary Prospectus, and the Statement of Additional Information

each dated May 1, 2019

 

This supplement updates certain information in the Prospectus, the Summary Prospectus, and the Statement of Additional Information (the "SAI") of the FAM Equity-Income Fund to revise information contained therein as described below. For more information or to obtain a copy of the Prospectus, Summary Prospectus, or the SAI, free of charge, please contact the Fund at (800) 932-3271.

 

  1. Change in the Name of the Fund

 

Effective as of June, 30, 2019, the Fund will change its name to "FAM Dividend Focus Fund". The investment objective and the principal investment strategies of the Fund are not being changed in connection with the name change and, therefore, the Fund will continue to seek to provide current income as well as long-term capital appreciation by investing primarily (at least 80% of its total assets) in income-producing stocks that pay dividends. In addition, the current Portfolio Co-Managers for the Fund, Thomas O. Putnam and Paul C. Hogan, who have co-managed the Fund since the Fund's inception in 1996, will continue to manage the Fund.

 

Please retain this Supplement for future reference.