Advisors Inner Circle Fund III
09/30/2026 | Press release | Distributed by Public on 09/30/2026 08:09
Prospectus by Investment Company (Form 497)
THE ADVISORS' INNER CIRCLE FUND III
Brown Advisory Sustainable Growth ETF (the "Fund")
Supplement dated September 30, 2026
to the Fund's Summary Prospectus and Prospectus, each dated January 28, 2026
This Supplement provides new and additional information beyond that contained in the Summary Prospectus and Prospectus, and should be read in conjunction with the Summary Prospectus and Prospectus.
John Canning has been appointed as a portfolio manager of the Fund, joining Karina Funk, CFA, and David Powell, CFA, who have served as portfolio managers to the Fund since its inception in 2025. Effective March 31, 2027, Karina Funk, CFA, will no longer serve as a portfolio manager to the Fund as she will transition to an advisory role with respect to sustainable investing at Brown Advisory LLC, the investment adviser to the Fund. Until Ms. Funk's transition to an advisory role, Ms. Funk, Mr. Canning, and Mr. Powell will each have equal decision-making authority in the day-to-day management of the Fund.
Accordingly, effective immediately, the Summary Prospectus and Prospectus are hereby amended and supplemented as follows:
| 1. | The following sentence is hereby added to the "Portfolio Managers" section of the Summary Prospectus, and the corresponding section of the Prospectus, under the heading "Brown Advisory LLC": |
John Canning, CFA, has served as a portfolio manager of the Fund since 2026.
| 2. | In the "Portfolio Managers" section of the Prospectus, the following paragraph is hereby added as a new fourth paragraph under the heading "Brown Advisory LLC": |
John Canning, CFA, has served as a portfolio manager of the Brown Advisory Sustainable Growth ETF since 2026. Mr. Canning is a partner at the Adviser, having joined the firm in 2014 as an equity research analyst covering software and services companies within the technology sector. Since joining the Adviser, he has contributed to the Large-Cap Sustainable Growth strategy through company research, portfolio discussions and client due diligence conversations, with particular experience across technology and technology-enabled businesses. Mr. Canning earned a B.A. from Dartmouth College and holds the CFA designation.
Please retain this supplement for future reference.
BRW-SK-001-0100
THE ADVISORS' INNER CIRCLE FUND III
Brown Advisory Sustainable Growth ETF (the "Fund")
Supplement dated September 30, 2026
to the Fund's Statement of Additional Information ("SAI"), dated January 28, 2026
This Supplement provides new and additional information beyond that contained in the SAI, and should be read in conjunction with the SAI.
John Canning has been appointed as a portfolio manager of the Fund, joining Karina Funk, CFA, and David Powell, CFA, who have served as portfolio managers to the Fund since its inception in 2025. Effective March 31, 2027, Karina Funk, CFA, will no longer serve as a portfolio manager to the Fund as she will transition to an advisory role with respect to sustainable investing at Brown Advisory LLC, the investment adviser to the Fund. Until Ms. Funk's transition to an advisory role, Ms. Funk, Mr. Canning, and Mr. Powell will each have equal decision-making authority in the day-to-day management of the Fund.
| 1. | The "Fund Shares Owned by Portfolio Managers" table in "The Portfolio Managers" section of the SAI is hereby deleted and replaced with the following: |
| Name | Dollar Range of Fund Shares Owned (Fund)1 |
| Brown Advisory LLC | |
| Michael Poggi, CFA | None |
| Karina Funk, CFA | None |
| Maneesh Bajaj, CFA | None |
| David Powell, CFA | None |
| John Canning, CFA | None2 |
| Vident Asset Management | |
| Rafael Zayas, CFA | None |
| Austin Wen, CFA | None |
| Devin Ryder, CFA | None |
| 1 | Valuation date is September 30, 2025, unless otherwise noted. |
| 2 | Valuation date is September 28, 2026. |
| 2. | The following row is hereby added to the "Other Accounts" table in "The Portfolio Managers" section of the SAI, as a new row under the heading "Brown Advisory LLC": |
| Name | Registered Investment Companies | Other Pooled Investment Vehicles | Other Accounts | |||
| Number of Accounts |
Total Assets (in millions) |
Number of Accounts | Total Assets (in millions) | Number of Accounts | Total Assets (in millions) | |
| John Canning, CFA1 | 0 | $0.00 | 0 | $0.00 | 0 | $0.00 |
| 1 | Information provided as of September 28, 2026. |
Please retain this supplement for future reference.
BRW-SK-002-0100
Advisors Inner Circle Fund III published this content on September 30, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 30, 2026 at 14:09 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]