11/03/2026 | Press release | Distributed by Public on 11/03/2026 13:45
ACR Opportunity Fund
Class I Shares (Ticker Symbol: ACROX)
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 Opportunity Fund (the "Fund"). Accordingly, effective immediately, the Summary Prospectus is updated as follows:
The section "Portfolio Managers" on page 9 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. Piechowski 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 |
| Tim Piechowski, CFA, Co-Chief Investment Officer and Portfolio Manager | December 2014 |
| Nicholas Tompras, CFA, Chief Executive Officer and Co-Chief Investment Officer | December 2014 |
| Willem Schilpzand, CFA, Portfolio Manager | December 2014 |
| Mark Unferth, Portfolio Manager | February 2017 |
| Eric Loyet, CFA, Portfolio Manager | September 2026 |
Please file this Supplement with your records.