497 1 alphaone-497.txt THE ADVISORS' INNER CIRCLE FUND ALPHAONE SMALL CAP OPPORTUNITIES FUND (THE "FUND") SUPPLEMENT DATED NOVEMBER 4, 2016 TO THE PROSPECTUS DATED MARCH 1, 2016, AS SUPPLEMENTED MARCH 22, 2016 (THE "PROSPECTUS") THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT CONTAINED IN THE PROSPECTUS, AND SHOULD BE READ IN CONJUNCTION WITH THE PROSPECTUS. Effective November 4, 2016, Steven Dray will cease serving as a Portfolio Manager of the Fund. Accordingly, all references to Steven Dray in the Prospectus are hereby deleted. PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE. ACP-SK-018-0100 THE ADVISORS' INNER CIRCLE FUND ALPHAONE SMALL CAP OPPORTUNITIES FUND (THE "FUND") SUPPLEMENT DATED NOVEMBER 4, 2016 TO THE STATEMENT OF ADDITIONAL INFORMATION DATED MARCH 1, 2016, AS SUPPLEMENTED MARCH 22, 2016 (THE "SAI") THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT CONTAINED IN THE SAI, AND SHOULD BE READ IN CONJUNCTION WITH THE SAI. Effective November 4, 2016, Steven Dray will cease serving as a Portfolio Manager of the Fund. Accordingly, all references to Steven Dray in the SAI are hereby deleted. PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE. ACP-SK-019-0100