Investment Managers Series Trust

The Investment Managers Series Trust (IMST) is a registered investment company structured as a series trust, a common structure in the mutual fund industry. Series trusts, also known as umbrella trusts, allow multiple investment advisers to sponsor and manage distinct mutual funds within a single legal entity. This arrangement offers economies of scale and administrative efficiencies compared to each adviser establishing and maintaining its own independent trust.

IMST provides a platform for boutique investment managers, emerging managers, or those seeking to expand their fund offerings without the complexities and significant costs associated with creating their own standalone mutual fund complex. The trust handles the regulatory, compliance, legal, and administrative aspects, allowing the investment advisers to focus primarily on portfolio management and investment strategy.

Key Features of IMST:

• Multi-Manager Platform: Houses a diverse range of mutual funds managed by different investment advisers, each with their own distinct investment philosophies and strategies.
• Operational Efficiency: Leverages economies of scale through shared administrative, legal, compliance, and accounting services, reducing operational costs for participating advisers.
• Regulatory Compliance: Ensures all funds operate in accordance with applicable securities laws and regulations, minimizing compliance burdens for the investment advisers.
• Turnkey Solution: Offers a comprehensive platform that allows investment advisers to quickly launch and manage new mutual funds.
• Independent Board of Trustees: Oversees the operations of the trust and ensures that the interests of shareholders are protected.

Benefits for Investment Advisers:

• Reduced Costs: Significant cost savings compared to establishing and maintaining their own mutual fund complex.
• Faster Time to Market: Expedited launch of new mutual funds, allowing them to quickly capitalize on market opportunities.
• Focus on Investment Management: Allows advisers to concentrate on their core competency of managing portfolios.
• Access to Distribution: Potential access to broader distribution networks through the trust’s established relationships.

Benefits for Investors:

• Variety of Investment Options: Access to a diverse range of investment strategies and asset classes through the various funds offered within the trust.
• Professional Management: Funds are managed by experienced investment professionals with proven track records.
• Transparency: Funds are subject to regulatory oversight and reporting requirements, providing investors with transparency into fund performance and holdings.

In summary, the Investment Managers Series Trust provides a valuable service to both investment advisers and investors by offering a cost-effective and efficient platform for launching and managing mutual funds. Its multi-manager structure allows for a diverse range of investment options, while its focus on operational efficiency and regulatory compliance benefits all stakeholders.