LSV Disciplined Value ETF

SEI Investments Distribution Co. (SIDCO,1 Freedom Valley Drive, Oaks, PA, 19456) is the distributor for the shares of The Advisors’ Inner Circle Fund. SIDCO and SEI Funds, Inc., a minority owner of LSV, are wholly-owned subsidiaries of SEI Investments Company. Check the background of SIDCO on FINRA’s BrokerCheck.

The S&P 500 Index includes 500 companies in leading industries of the U.S. economy and typically captures the majority of U.S. equities. It includes those S&P 500 Index companies with lower price-to-book ratios and lower expected growth values. Returns are compared against indexes for illustrative purposes only. The comparison to the index is not intended to imply that the Fund is similar to any such index or that the Fund’s performance will meet or exceed that of any index. Calculations of performance results for the indexes may vary from that of the Fund’s returns in a number of respects. None of the index providers shall have any liability whatsoever with respect to any index data contained herein.

Investing involves risk, including loss of principal. In addition, investments in smaller and medium sized companies typically exhibit higher volatility. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. In addition to the risks listed above, risks related to investing with LSV, which are set out in detail in LSV’s Form ADV, Part 2A, include quantitative model risk, management risk, equity risk, market risk, investment in thinly-traded securities risk, cybersecurity risk and business disruption risk. LSV’s Form ADV is available at https://www.lsvasset.com/disclosure/. Diversification does not prevent all investment losses.

The Fund may trade securities actively, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate.

Because the Fund is new, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy, may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale.

To determine if the Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Fund’s prospectus, which may be obtained by clicking here or by calling 1-888-FUNDLSV (888-386-3578). Read it carefully before investing.The Funds do not generally accept investments by non-U.S. persons. Non-U.S. persons may be permitted to invest in the Funds subject to the satisfaction of enhanced due diligence.