497

EXPLANATORY NOTE

The sole purpose of this filing is to file revised risk/return summary information for the AT All Cap Growth Fund and AT Equity Income Fund, as electronically filed with the SEC pursuant to Rule 497(e) under the Securities Act of 1933, as amended, on May 29, 2018 (SEC Accession No. 0001398344-18-008145), in interactive data format.

June 11, 2018

VIA EDGAR

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Re: The Advisors’ Inner Circle Fund (File No. 033-42484)

Ladies and Gentlemen:

On behalf of our client, The Advisors’ Inner Circle Fund, we are filing, pursuant to Rule 497(e) under the Securities Act of 1933, as amended, revised risk/return summary information for the AT All Cap Growth Fund and AT Equity Income Fund in interactive data format as an exhibit to the filing made pursuant to Rule 497(e) under the Securities Act of 1933, as amended, on May 29, 2018 (SEC Accession No. 0001398344-18-008145).

If you have any questions regarding the filing, please do not hesitate to contact the undersigned at (215) 963-4987.

Sincerely,

/s/ Evan W. Busteed

Evan W. Busteed

Morgan, Lewis & Bockius llp
1701 Market Street
Philadelphia, PA  19103-2921	+1.215.963.5000
United States	+1.215.963.5001

XML

Document and Entity Information	May 29, 2018
Document And Entity Information
Document Type	497
Document Period End Date	Dec. 31, 2017
Registrant Name	ADVISORS' INNER CIRCLE FUND
Central Index Key	0000878719
Amendment Flag	false
Document Creation Date	May 29, 2018
Document Effective Date	May 29, 2018
Prospectus Date	Dec. 13, 2017

XML

May 29, 2018

AT ALL CAP GROWTH FUND

THE ADVISORS’ INNER CIRCLE FUND

AT All Cap Growth Fund

AT Equity Income Fund

(the “Funds”)

Supplement dated May 29, 2018

to the Prospectus dated December 13, 2017

(the “Prospectus”)

This Supplement provides new and additional information beyond that contained in the Prospectus,

and should be read in conjunction with the Prospectus.

In connection with the closing of each of the reorganization of the Geneva Advisors All Cap Growth Fund, formerly a series of Trust for Professional Managers (“TPM”), into the AT All Cap Growth Fund, and the reorganization of the Geneva Advisors Equity Income Fund, formerly a series of TPM, into the AT Equity Income Fund, effective immediately, the Prospectus is hereby supplemented as follows:

1. The first three sentences of the second paragraph of the AT All Cap Growth Fund’s “Performance Information” section are deleted and replaced with the following:

Before the Fund commenced operations, the Fund acquired the assets and liabilities of the All Cap Growth Predecessor Fund (the “Reorganization”). After being approved by shareholders of the All Cap Growth Predecessor Fund, the Reorganization occurred on February 12, 2018. As a result of the Reorganization, shareholders of the All Cap Growth Predecessor Fund’s Class I and Class R shares received Institutional Class Shares of the Fund, and the Fund assumed the performance and accounting history of the All Cap Growth Predecessor Fund’s Class I shares prior to the date of the Reorganization.

2. The first three sentences of the second paragraph of the AT Equity Income Fund’s “Performance Information” section are deleted and replaced with the following:

Before the Fund commenced operations, the Fund acquired the assets and liabilities of the Equity Income Predecessor Fund (the “Reorganization”). After being approved by shareholders of the Equity Income Predecessor Fund, the Reorganization occurred on February 12, 2018. As a result of the Reorganization, shareholders of the Equity Income Predecessor Fund’s Class I and Class R shares received Institutional Class Shares of the Fund, and the Fund assumed the performance and accounting history of the Equity Income Predecessor Fund’s Class I shares prior to the date of the Reorganization.

3. The first sentence of the second paragraph of the “Financial Highlights” section is deleted and replaced with the following:

The financial information shown below is that of the Class I shares of the All Cap Growth Predecessor Fund and the Equity Income Predecessor Fund for periods prior to February 12, 2018, which is the date on which the AT All Cap Growth Fund and AT Equity Income Fund assumed the performance and accounting history of the All Cap Growth Predecessor Fund’s and the Equity Income Predecessor Fund’s Class I shares, respectively.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.

ATF-SU-001-0100

XML

May 29, 2018

AT EQUITY INCOME FUND

THE ADVISORS’ INNER CIRCLE FUND

AT All Cap Growth Fund

AT Equity Income Fund

(the “Funds”)

Supplement dated May 29, 2018

to the Prospectus dated December 13, 2017

(the “Prospectus”)

This Supplement provides new and additional information beyond that contained in the Prospectus,

and should be read in conjunction with the Prospectus.

In connection with the closing of each of the reorganization of the Geneva Advisors All Cap Growth Fund, formerly a series of Trust for Professional Managers (“TPM”), into the AT All Cap Growth Fund, and the reorganization of the Geneva Advisors Equity Income Fund, formerly a series of TPM, into the AT Equity Income Fund, effective immediately, the Prospectus is hereby supplemented as follows:

1. The first three sentences of the second paragraph of the AT All Cap Growth Fund’s “Performance Information” section are deleted and replaced with the following:

Before the Fund commenced operations, the Fund acquired the assets and liabilities of the All Cap Growth Predecessor Fund (the “Reorganization”). After being approved by shareholders of the All Cap Growth Predecessor Fund, the Reorganization occurred on February 12, 2018. As a result of the Reorganization, shareholders of the All Cap Growth Predecessor Fund’s Class I and Class R shares received Institutional Class Shares of the Fund, and the Fund assumed the performance and accounting history of the All Cap Growth Predecessor Fund’s Class I shares prior to the date of the Reorganization.

2. The first three sentences of the second paragraph of the AT Equity Income Fund’s “Performance Information” section are deleted and replaced with the following:

Before the Fund commenced operations, the Fund acquired the assets and liabilities of the Equity Income Predecessor Fund (the “Reorganization”). After being approved by shareholders of the Equity Income Predecessor Fund, the Reorganization occurred on February 12, 2018. As a result of the Reorganization, shareholders of the Equity Income Predecessor Fund’s Class I and Class R shares received Institutional Class Shares of the Fund, and the Fund assumed the performance and accounting history of the Equity Income Predecessor Fund’s Class I shares prior to the date of the Reorganization.

3. The first sentence of the second paragraph of the “Financial Highlights” section is deleted and replaced with the following:

The financial information shown below is that of the Class I shares of the All Cap Growth Predecessor Fund and the Equity Income Predecessor Fund for periods prior to February 12, 2018, which is the date on which the AT All Cap Growth Fund and AT Equity Income Fund assumed the performance and accounting history of the All Cap Growth Predecessor Fund’s and the Equity Income Predecessor Fund’s Class I shares, respectively.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.

ATF-SU-001-0100

XML

Label

Element

Value

Risk Return Abstract

rr_RiskReturnAbstract

Document Type

dei_DocumentType

497

Document Period End Date

dei_DocumentPeriodEndDate

Dec. 31, 2017

Registrant Name

dei_EntityRegistrantName

ADVISORS' INNER CIRCLE FUND

Central Index Key

dei_EntityCentralIndexKey

0000878719

Amendment Flag

dei_AmendmentFlag

false

Document Creation Date

dei_DocumentCreationDate

May 29, 2018

Document Effective Date

dei_DocumentEffectiveDate

May 29, 2018

Prospectus Date

rr_ProspectusDate

Dec. 13, 2017

AT ALL CAP GROWTH FUND

Risk Return Abstract

rr_RiskReturnAbstract

Prospectus Supplement Text Block

aic_ProspectusSupplementTextBlock

THE ADVISORS’ INNER CIRCLE FUND

AT All Cap Growth Fund

AT Equity Income Fund

(the “Funds”)

Supplement dated May 29, 2018

to the Prospectus dated December 13, 2017

(the “Prospectus”)

This Supplement provides new and additional information beyond that contained in the Prospectus,

and should be read in conjunction with the Prospectus.

In connection with the closing of each of the reorganization of the Geneva Advisors All Cap Growth Fund, formerly a series of Trust for Professional Managers (“TPM”), into the AT All Cap Growth Fund, and the reorganization of the Geneva Advisors Equity Income Fund, formerly a series of TPM, into the AT Equity Income Fund, effective immediately, the Prospectus is hereby supplemented as follows:

1. The first three sentences of the second paragraph of the AT All Cap Growth Fund’s “Performance Information” section are deleted and replaced with the following:

Before the Fund commenced operations, the Fund acquired the assets and liabilities of the All Cap Growth Predecessor Fund (the “Reorganization”). After being approved by shareholders of the All Cap Growth Predecessor Fund, the Reorganization occurred on February 12, 2018. As a result of the Reorganization, shareholders of the All Cap Growth Predecessor Fund’s Class I and Class R shares received Institutional Class Shares of the Fund, and the Fund assumed the performance and accounting history of the All Cap Growth Predecessor Fund’s Class I shares prior to the date of the Reorganization.

2. The first three sentences of the second paragraph of the AT Equity Income Fund’s “Performance Information” section are deleted and replaced with the following:

Before the Fund commenced operations, the Fund acquired the assets and liabilities of the Equity Income Predecessor Fund (the “Reorganization”). After being approved by shareholders of the Equity Income Predecessor Fund, the Reorganization occurred on February 12, 2018. As a result of the Reorganization, shareholders of the Equity Income Predecessor Fund’s Class I and Class R shares received Institutional Class Shares of the Fund, and the Fund assumed the performance and accounting history of the Equity Income Predecessor Fund’s Class I shares prior to the date of the Reorganization.

3. The first sentence of the second paragraph of the “Financial Highlights” section is deleted and replaced with the following:

The financial information shown below is that of the Class I shares of the All Cap Growth Predecessor Fund and the Equity Income Predecessor Fund for periods prior to February 12, 2018, which is the date on which the AT All Cap Growth Fund and AT Equity Income Fund assumed the performance and accounting history of the All Cap Growth Predecessor Fund’s and the Equity Income Predecessor Fund’s Class I shares, respectively.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.

ATF-SU-001-0100

AT EQUITY INCOME FUND

Risk Return Abstract

rr_RiskReturnAbstract

Prospectus Supplement Text Block

aic_ProspectusSupplementTextBlock

THE ADVISORS’ INNER CIRCLE FUND

AT All Cap Growth Fund

AT Equity Income Fund

(the “Funds”)

Supplement dated May 29, 2018

to the Prospectus dated December 13, 2017

(the “Prospectus”)

This Supplement provides new and additional information beyond that contained in the Prospectus,

and should be read in conjunction with the Prospectus.

In connection with the closing of each of the reorganization of the Geneva Advisors All Cap Growth Fund, formerly a series of Trust for Professional Managers (“TPM”), into the AT All Cap Growth Fund, and the reorganization of the Geneva Advisors Equity Income Fund, formerly a series of TPM, into the AT Equity Income Fund, effective immediately, the Prospectus is hereby supplemented as follows:

1. The first three sentences of the second paragraph of the AT All Cap Growth Fund’s “Performance Information” section are deleted and replaced with the following:

Before the Fund commenced operations, the Fund acquired the assets and liabilities of the All Cap Growth Predecessor Fund (the “Reorganization”). After being approved by shareholders of the All Cap Growth Predecessor Fund, the Reorganization occurred on February 12, 2018. As a result of the Reorganization, shareholders of the All Cap Growth Predecessor Fund’s Class I and Class R shares received Institutional Class Shares of the Fund, and the Fund assumed the performance and accounting history of the All Cap Growth Predecessor Fund’s Class I shares prior to the date of the Reorganization.

2. The first three sentences of the second paragraph of the AT Equity Income Fund’s “Performance Information” section are deleted and replaced with the following:

Before the Fund commenced operations, the Fund acquired the assets and liabilities of the Equity Income Predecessor Fund (the “Reorganization”). After being approved by shareholders of the Equity Income Predecessor Fund, the Reorganization occurred on February 12, 2018. As a result of the Reorganization, shareholders of the Equity Income Predecessor Fund’s Class I and Class R shares received Institutional Class Shares of the Fund, and the Fund assumed the performance and accounting history of the Equity Income Predecessor Fund’s Class I shares prior to the date of the Reorganization.

3. The first sentence of the second paragraph of the “Financial Highlights” section is deleted and replaced with the following:

The financial information shown below is that of the Class I shares of the All Cap Growth Predecessor Fund and the Equity Income Predecessor Fund for periods prior to February 12, 2018, which is the date on which the AT All Cap Growth Fund and AT Equity Income Fund assumed the performance and accounting history of the All Cap Growth Predecessor Fund’s and the Equity Income Predecessor Fund’s Class I shares, respectively.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.

ATF-SU-001-0100