What Makes Us Different - Investing for Catholics

PART OF THE WORLD’S LARGEST CATHOLIC FRATERNAL ORGANIZATION

As a wholly owned subsidiary of the Knights of Columbus, we are part of a well-known organization with established financial stability. The investment strategies offered by Knights of Columbus Asset Advisors are modeled after the same investment strategies pursued on behalf of the Knights of Columbus general account and socially responsible investing principles that are important to catholic investors.

The Knights of Columbus and Investments Portfolios

135+ Year History of Creating Value for Members
Track Record of Performance as a fraternal benefits society that offers insurance

ALIGNED CATHOLIC INTERESTS AND INVESTMENT PORTFOLIOS

We have a strong affinity within the Catholic Church and, therefore, share the same values and beliefs as Catholic investors. Unlike other investment advisors, being Catholic is part of everything we do. It is reflected in our investment philosophy, our investment strategy and approach and our desire to do well for our clients. What’s more, profits earned by Knights of Columbus Asset Advisors go back to the Knights of Columbus organization, a portion of which further funds Catholic initiatives.

Graphic depicting a hand holding a heart symbolizing charity, a church symbolizing the Church and faith ministries, and a person assisting someone in a wheel chair symbolizing community service.

VALUE WITH VALUES

By leveraging the buying power of a $25 billion organization, fees can be reduced, which can help increase the overall return to our clients. We believe we offer “value with values”, providing high-quality, low-cost services designed to meet your needs.

Fund	Industry Average Net Expense Ratio †	Knights of Columbus Mutual Funds I Shares Net Expense Ratio ††	Knights of Columbus Mutual Funds I Shares Gross Expense Ratio ††
Limited Duration Fund	0.79%	0.50%	0.82%
Core Bond	0.79%	0.50%	0.84%
Large Cap Growth	1.19%	0.90%	1.05%
Large Cap Value	1.17%	0.90%	1.06%
Small Cap Fund	N/A	1.05%	1.14%
International Equity	1.35%	1.10%	1.36%
Real Estate	N/A	1.00%	1.37%

† Source: ICI Fact Book 2019. Investment Company Institute and Lipper data are based on the average expense ratios of equity and bond funds. Note: Data include actively managed and indexed mutual funds but exclude exchange-traded funds and funds available as investment choices in variable annuities and mutual funds that invest primarily in other mutual funds.

†† The net expense ratio presented represents the Fund’s Total Annual Fund Operating Expenses After Fee Reductions and/or Expense Reimbursements. Knights of Columbus Asset Advisors LLC has contractually agreed to waive fees and reimburse expenses to the extent necessary to keep Total Annual Fund Operating Expenses (excluding interest, taxes, brokerage commissions, acquired fund fees and expenses and extraordinary expenses (collectively, “excluded expenses”)) from exceeding the percentage of the Fund’s Institutional Shares’ average daily net assets presented in the table until February 28, 2020 (the “contractual expense limit”); fee waivers are contractual and in effect until February 28, 2021 for the Real Estate Fund. In addition, if at any point Total Annual Fund Operating Expenses (not including excluded expenses) are below the contractual expense limit, the Knights of Columbus Asset Advisors LLC may receive from a Fund the difference between the Total Annual Fund Operating Expenses (not including excluded expenses) and the contractual expense limit to recover all or a portion of its prior fee waivers or expense reimbursements made during the preceding three year period during which this agreement was in place. This agreement may be terminated: (i) by the Board of Trustees (the “Board”) of The Advisors’ Inner Circle Fund III (the “Trust”), for any reason at any time; or (ii) by Knights of Columbus Asset Advisors LLC, upon ninety (90) days’ prior written notice to the Trust, effective as of the close of business on February 28, 2020; February 28, 2021 for the Real Estate Fund.

By leveraging the buying power of a $25 billion organization, fees can be reduced, which can help increase the overall return to our clients. We believe we offer “value with values”, providing high-quality, low-cost services designed to meet your needs.

ACCESSIBILITY FOR INDIVIDUALS AND GROUPS

Regardless of the size of your investment portfolio as an individual investor or Catholic organization, we offer you access to the type of investment strategies usually reserved for large, institutional investors. Speak with us about your specific needs, and we will recommend a strategy to help you pursue your capital growth and/or preservation goals.

WHAT MAKES OUR CATHOLIC INVESTMENTS DIFFERENT

PART OF THE WORLD’S LARGEST CATHOLIC FRATERNAL ORGANIZATION

ALIGNED CATHOLIC INTERESTS AND INVESTMENT PORTFOLIOS

VALUE WITH VALUES

ACCESSIBILITY FOR INDIVIDUALS AND GROUPS

IMPORTANT MUTUAL FUND DISCLOSURES