# EDGAR Filing Document

**Accession Number:** 0001396092
**File Stem:** 0001387131-23-000298
**Filing Date:** 2023-1
**Character Count:** 4493
**Document Hash:** c70bc4a1f29a787c5f7a9c392743b8b3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001387131-23-000298.hdr.sgml**: 20230112

**ACCESSION NUMBER**: 0001387131-23-000298

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 16

**FILED AS OF DATE**: 20230112

**DATE AS OF CHANGE**: 20230112

**EFFECTIVENESS DATE**: 20230112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** World Funds Trust
- **CENTRAL INDEX KEY:** 0001396092
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-148723
- **FILM NUMBER:** 23526695

**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

### Applied Finance Dividend Fund (Series ID: S000049058)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Investor Class      | AFALX         | C000154687 |
| Institutional Class | AFAZX         | C000154688 |

---

### Applied Finance Explorer Fund (Series ID: S000049148)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Investor Class      | AFDVX         | C000154944 |
| Institutional Class | AFDZX         | C000154945 |

---

### Applied Finance Select Fund (Series ID: S000054258)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Investor Class      | AFVLX         | C000170411 |
| Institutional Class | AFVZX         | C000170412 |

---

## Series and Classes Contracts Data

### Applied Finance Dividend Fund (Series ID: S000049058)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000154687 | Investor Class      | AFALX           |
| C000154688 | Institutional Class | AFAZX           |

### Applied Finance Explorer Fund (Series ID: S000049148)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000154944 | Investor Class      | AFDVX           |
| C000154945 | Institutional Class | AFDZX           |

### Applied Finance Select Fund (Series ID: S000054258)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000170411 | Investor Class      | AFVLX           |
| C000170412 | Institutional Class | AFVZX           |

?xml version="1.0" encoding="utf-8"?

**WORLD FUNDS TRUST**

**Applied Finance Dividend Fund**

Investor Class Ticker: AFALX

Institutional Class Ticker: AFAZX

**Applied Finance Explorer Fund**

Investor Class Ticker: AFDVX

Institutional Class Ticker: AFDZX

**Applied Finance Select Fund**

Investor Class Ticker: AFVLX

Institutional Class Ticker: AFVZX

Supplement dated January 12, 2023

to the Prospectus and Summary Prospectus dated August 29, 2022

(as may be supplemented from time to time)

On January 12, 2023, the Board of Trustees of World Funds Trust (the "Trust") approved the elimination of the 2.00% redemption fee with respect to the Investor Class shares and Institutional Class shares ("Shares") of the Applied Finance Dividend Fund, the Applied Finance Explorer Fund and the Applied Finance Select Fund (each a "Fund" and collectively, the "Funds"), effective January 12, 2023 (the "Effective Date"). Accordingly, as of the Effective Date the Funds will no longer charge a 2.00% redemption fee on the redemption of Fund Shares held for less than 60 calendar days after purchase.

Accordingly, as of the Effective Date, all references to redemption fees in the Funds' current Prospectus and Summary Prospectus are deleted in their entirety.

If you have questions or need assistance, please contact your financial advisor directly or the Applied Finance Funds toll-free at 800-673-0550.

This Supplement and the existing Prospectus and Summary Prospectus provide relevant information for all Fund shareholders and should be retained for future reference. The Prospectus and Summary Prospectus have been filed with the U.S. Securities and Exchange Commission, are incorporated by reference, and can be obtained without charge by calling the Applied Finance Funds toll-free at 800-673-0550.

 ****

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.**