# EDGAR Filing Document

**Accession Number:** 0001396092
**File Stem:** 0001999371-25-012358
**Filing Date:** 2025-9
**Character Count:** 7113
**Document Hash:** 3514b1390087372a8c743ce9ef07bc75
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-012358.hdr.sgml**: 20250902

**ACCESSION NUMBER**: 0001999371-25-012358

**CONFORMED SUBMISSION TYPE**: DEFA14A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250902

**DATE AS OF CHANGE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** World Funds Trust
- **CENTRAL INDEX KEY:** 0001396092

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** DEFA14A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-22172
- **FILM NUMBER:** 251282325

**BUSINESS ADDRESS:**
- **STREET 1:** 8730 STONY POINT PARKWAY
- **STREET 2:** SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235
- **BUSINESS PHONE:** 804-267-7400

**MAIL ADDRESS:**
- **STREET 1:** 8730 STONY POINT PARKWAY
- **STREET 2:** SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Abacus World Funds Trust
- **DATE OF NAME CHANGE:** 20070410

## Series and Classes Contracts Data

### LDR Real Estate Value-Opportunity Fund (Series ID: S000046323)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000144756 | Institutional Shares | HLRRX           |
| C000144757 | Platform Shares      | HLPPX           |
| C000190954 | Z SHARES             | HLZZX           |

**File Nos. 333-288436 and 811-22172**

**SCHEDULE 14A INFORMATION**

**Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934**

Filed by the Registrant 🗹<br> Filed by a Party other than the Registrant □

Check the appropriate box:

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| | |
|:---|:---|
| □ | Preliminary Proxy Statement |
| □ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| □ | Definitive Proxy Statement |
| 🗹 | Definitive Additional Materials |
| □ | Soliciting Material Pursuant to Sec. 240.14a-12 |

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**<u>World Funds Trust</u>** 

(Name of Registrant as Specified in Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than Registrant)

Payment of Filing Fee (Check the appropriate box):

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| 🗹 | No fee required. | No fee required. |
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|  | 3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): |
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| □ | Fee paid previously with preliminary materials. | Fee paid previously with preliminary materials. |
| □ | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identity the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identity the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |

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1) Amount Previously Paid:

2) Form, Schedule or Registration Statement No.:

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4) Date Filed:

From Burland East

CEO, American Assets Capital Advisors

Portfolio Manager Altegris/AACA Opportunistic Real Estate Fund

Subject: Fund Merger Proxy Vote: Requesting your help.

We are merging the Altegris/AACA Opportunistic Real Estate Fund (RAAIX) with the LDR Capital Management Real Estate Value-Opportunity Fund (HLRRX) and you will shortly receive proxy materials regarding this merger.

Full materials can be found here: www.OkapiVote.com/Altegris.

In summary, if approved, this merger will accomplish these very important goals and should pave the way for a very successful fund going forward:

&nbsp;&nbsp;&nbsp;&nbsp;· Fund
 Fees – Management Fees will drop from 130 basis points to 90 basis points annually

&nbsp;&nbsp;&nbsp;&nbsp;· Tax
 Loss Carry Forward – The combined fund, as of the date of merger, will have significant
 tax loss carry forwards. We believe this should offset taxable gains for the foreseeable
 future.

&nbsp;&nbsp;&nbsp;&nbsp;· Enhanced
 investment team with additional analytics and a combined 80 years of experience.

As you know, AACA has been RAAIX's sub advisor since inception in 2013. Over that time, I have spoken with or visited many of you and shared our thoughts and enthusiasm for the opportunities the public markets hold in real estate securities. You also know we do not try to run an 'index tracking fund' and instead forge our own way; seeking out undervalued companies and under-appreciated themes. RAAIX won the Best 40 Act Equity Fund at the 2016 U.S. Hedge Fund Performance Awards, so it's in our makeup to find value and create good returns for our investors.

We will continue to sub advise the fund as before, with LDR taking over for Altegris. As many of you know Altegris is closing up shop and we thank them for the more than a decade of joint efforts. LDR will serve as advisor and already advises the fund we are merging with (HLRRX). Larry Raiman, the CEO of LDR and I have known each other since we worked together on the Simon Properties IPO in 1993. Larry's career mirrors mine on the 'sell side' with Donaldson Lufkin Jenrette and then Credit Suisse while I was at Kemper Securities and Wachovia Securities. Larry started LDR within months of when I started AACA.

We share a similar philosophy and background and I believe the advisor/sub advisor process for the new fund will create a symbiotic work relationship with excellent idea generation, underwriting and risk management.

Larry and I and both our teams have been working behind the scenes for close to a year to assure a smooth transition. **We urge you to vote for this merger of the two funds**. You may be contacted to vote on this merger if we do not receive your vote.

To quickly vote your shares, please contact the Fund's proxy agent, Okapi Partners, toll-free at (877) 285-5590 or by email at: Altegris@okapipartners.com with your name, address and the direction you would like to vote your shares.

Other voting options include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· *If you have **not** elected to receive e-delivery communications from your custodian*, you will receive a voting form with instructions on how to vote by internet, touch-tone telephone or mail.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· *If you have elected to receive e-delivery communications from your custodian*, you will receive an email from the email address of id@proxyvote.com with a custom voting link.

Please feel free to reach out directly to me; Beast@aaimllc.com, 858-353-4310.