Investment Managers Series Trust II

11/03/2026 | Press release | Distributed by Public on 11/03/2026 13:46

Summary Prospectus by Investment Company (Form 497K)

ACR Equity International Fund

Class I Shares (Ticker Symbol: ACREX)

A series of Investment Managers Series Trust II

Supplement dated November 3, 2026, to the

Summary Prospectus dated March 31, 2026.

Eric Loyet, CFA, has been added as a portfolio manager to the ACR Equity International Fund (the "Fund"). Accordingly, effective immediately, the Summary Prospectus is updated as follows:

The section "Portfolio Managers" on page 8 of the Summary Prospectus is deleted in its entirety and replaced with the following:

Portfolio Managers

The portfolio management team is comprised of the following portfolio managers. Mr. Schilpzand is the Lead Portfolio Manager and is primarily responsible for the day-to-day management of the Fund.

Name and Title Managed the Fund Since
Willem Schilpzand, CFA, Portfolio Manager January 2017
Nicholas Tompras, CFA, Chief Executive Officer and Co-Chief Investment Officer January 2017
Tim Piechowski, CFA, Co-Chief Investment Officer and Portfolio Manager January 2017
Eric Loyet, CFA, Portfolio Manager September 2026

Please file this Supplement with your records.

Investment Managers Series Trust II published this content on November 03, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on November 03, 2026 at 19:46 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 If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]