# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001398344-23-001419
**Filing Date:** 2023-1
**Character Count:** 2136
**Document Hash:** c45a1a6e2b09f984a39ffcc1770c52fb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-23-001419.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0001398344-23-001419

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230131

**EFFECTIVENESS DATE**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust
- **CENTRAL INDEX KEY:** 0001318342
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-122901
- **FILM NUMBER:** 23570498

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 626-914-4141

**MAIL ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Claymore Trust
- **DATE OF NAME CHANGE:** 20050603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Claymore Equity Trust
- **DATE OF NAME CHANGE:** 20050218

## Series and Classes Contracts Data

### WCM Focused Emerging Markets Fund (Series ID: S000041213)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000127811 | Institutional Class | WCMEX           |
| C000127812 | Investor Class      | WFEMX           |

**WCM Focused Emerging Markets Fund**<br> Investor Class Shares – WFEMX

Institutional Class Shares – WCMEX

 

*A series of Investment Managers Series Trust (the "Trust")*

**Supplement dated January 31, 2023, to the**

**Summary Prospectus dated September 1, 2022.**

Effective March 31, 2023 (the "Effective Date"), Peter J. Hunkel will retire and no longer serve as a portfolio manager of the WCM Focused Emerging Markets Fund (the "Fund"). Accordingly, as of the Effective Date, all references in the Summary Prospectus to Mr. Hunkel as a portfolio manager of the Fund are hereby deleted. Sanjay Ayer, CFA, Gregory S. Ise, CFA, Mike Tian, CFA, and Michael B. Trigg will continue to serve as portfolio managers of the Fund.

***Please file this Supplement with your records****.*