# EDGAR Filing Document

**Accession Number:** 0001830437
**File Stem:** 0001193125-25-337306
**Filing Date:** 2025-12
**Character Count:** 5306
**Document Hash:** 120c3809045b811a72c5fa70d084b8e5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-337306.hdr.sgml**: 20251231

**ACCESSION NUMBER**: 0001193125-25-337306

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251231

**DATE AS OF CHANGE**: 20251230

**EFFECTIVENESS DATE**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Perpetual Americas Funds Trust
- **CENTRAL INDEX KEY:** 0001830437

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

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-249784
- **FILM NUMBER:** 251615249

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CONGRESS STREET, SUITE 3101
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02114
- **BUSINESS PHONE:** 617-993-0716

**MAIL ADDRESS:**
- **STREET 1:** 1 CONGRESS STREET, SUITE 3101
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JOHCM Funds Trust
- **DATE OF NAME CHANGE:** 20201029

## Series and Classes Contracts Data

### Trillium ESG Small/Mid Cap Fund (Series ID: S000081439)

---

|  |  |  |
|:---|:---|:---|
| Class Name           | Ticker Symbol | Class ID   |
| Institutional Shares | TSMDX         | C000244336 |
| Investor Shares      | nan           | C000244337 |
| Class Z Shares       | nan           | C000244338 |
| Advisor Shares       | nan           | C000244339 |

---

## Series and Classes Contracts Data

### Trillium ESG Small/Mid Cap Fund (Series ID: S000081439)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000244336 | Institutional Shares | TSMDX           |
| C000244337 | Investor Shares      |  |
| C000244338 | Class Z Shares       |  |
| C000244339 | Advisor Shares       |  |

Filed pursuant to Rule 497(e)

File Nos. 333-249784 and 811-23615

**TRILLIUM ESG SMALL/MID CAP FUND** 

**A SERIES OF PERPETUAL AMERICAS FUNDS TRUST** 

**Supplement dated December 31, 2025** 

**to the Prospectus and Statement of Additional Information** 

**dated February 1, 2025, as amended** 

Effective January 1, 2026, Sahas Apte is added as a portfolio manager of the Trillium ESG Small/Mid Cap Fund (the "Fund"). The following changes are being made to the Prospectus and Statement of Additional Information ("SAI") of the Fund.

<u>Within the Prospectus, the Fund Summary relating to the Fund, under the subsection "Portfolio Management</u>**<u>—</u>**<u>Portfolio Managers" is deleted in its entirety and replaced with the following:</u>

***Portfolio Managers***

---

| | | |
|:---|:---|:---|
| **Laura McGonagle, CFA** | **Mitali Prasad, CFA** | **Sahas Apte, CFA** |
| Lead Portfolio Manager | Portfolio Manager | Portfolio Manager |
| Length of Service: Since 2015\* | Length of Service: Since 2019\* | Length of Service: Since 2026 |

---

\*Length of Service includes portfolio management services provided to the Small/Mid Cap Equity Predecessor Fund, which reorganized into the Fund on October 30, 2023.

<u>The following biographical information is added in the subsection "Management of the Funds—Portfolio Management" in the Prospectus.</u> 

**Sahas Apte, CFA** 

**Portfolio Manager** 

*Trillium ESG Small/Mid Cap Fund* 

Sahas Apte is a Portfolio Manager on the Trillium ESG Small/Mid Cap Core Strategy. He is also an Equity Research Analyst at Trillium covering small/mid-cap stocks across various sectors. Sahas joined Trillium in 2022. He previously covered the Industrials and Materials sectors across all market caps and geographies at Trillium. Prior to joining Trillium, Sahas was a Vice President at Barclays covering Consumer Staples and Discretionary Retail. Previously, he was a Research Associate at UBS covering various Materials industries. He began his career at Prudential Financial.

Sahas is a CFA<sup>®</sup> Charterholder. He earned his B.S. in Accounting from Pennsylvania State University. He is an active member of CFA Society<sup>®</sup> New York.

<u>The subsections "Portfolio Manager Holdings" and "Other Portfolio Manager Information" under "Investment Advisory and Other Services" in the Statement of Additional Information are hereby revised to indicate that Sahas Apte has been added as a portfolio manager of the Fund. Information regarding other accounts managed by Sahas Apte as well as his ownership of securities of the Funds, each as of September 30, 2025, is provided below.</u> 

---

| | | |
|:---|:---|:---|
| **Trillium ESG Small/Mid Cap Fund** | **Individual(s)** | **Dollar Range of<br>Equity Securities** |
|  | Sahas Apte | None |

---

------

**Sahas Apte, Portfolio Manager, Trillium ESG Small/Mid Cap Fund** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Number of Accounts | Number of Accounts | Assets Under Management<br>(in millions) | Assets Under Management<br>(in millions) |
| Account Type | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total | Subject to a<br> Performance <br>Fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total | Subject to a<br> Performance <br>Fee |
|  Registered Investment Companies | 0 | 0 | $0 | $0 |
|  Other Pooled Investment Vehicles | 0 | 0 | $0 | $0 |
|  Other Accounts | 0 | 0 | $0 | $0 |
|  Total | 0 | 0 | $0 | $0 |

---

**This Supplement should be retained for future reference.**