SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
Filed by the Registrant x
Filed by a Party other than the Registrant o
Check the appropriate box:
o | Preliminary Proxy Statement |
o | Confidential, for Use of the Commission only (as permitted by Rule 14a-6(e)(2)) |
o | Definitive Proxy Statement |
x | Definitive Additional Materials |
o | Soliciting Material Pursuant to §240.14a-12 |
Advisors Preferred Trust
(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement if other than the Registrant)
Payment of Filing Fee (check the appropriate box):
x | No fee required. |
o | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
1) | Title of each class of securities to which transaction applies: |
__________________________________________________________________________________
2) | Aggregate number of securities to which transaction applies: |
__________________________________________________________________________________
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): |
__________________________________________________________________________________
4) | Proposed maximum aggregate value of transaction: |
__________________________________________________________________________________
5) | Total fee paid: |
__________________________________________________________________________________
o | Fee paid previously with preliminary materials. |
o | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify 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. |
1) | Amount Previously Paid: |
__________________________________________________________________________________
2) | Form, Schedule or Registration Statement No.: |
__________________________________________________________________________________
3) | Filing Party: |
__________________________________________________________________________________
4) | Date Filed: |
__________________________________________________________________________________
Kensington Managed Income Strategy
IMPORTANT NOTICE REGARDING YOUR INVESTMENT
1445 Research Boulevard, Suite 530 Rockville, MD 20850120
October 5, 2020
RE: ADJOURNED SPECIAL MEETING OF SHAREHOLDERS
Dear Shareholder:
We are almost there, but we need your help. Kensington Managed Income Fund recently held its adjourned special meeting of shareholders on September 23, 2020. The proposal that is considered at the Special Meeting is to approve a sub-advisory agreement between Advisors Preferred, LLC and Kensington Analytics, LLC with respect to the Kensington Managed Income Fund.
The Board of Trustees voted unanimously to approve a sub-advisory agreement under which Kensington Analytics, LLC will serve as sub-adviser to the Adviser and the Fund. However, the Investment Company Act of 1940 requires that Fund shareholders approve the sub-advisory agreement before it can become effective. The approval of the sub-advisory agreement will not result in any change in advisory fees or any other fees or expenses paid by the Fund. The Special Meeting has been adjourned once again until Wednesday, October 21, 2020 to afford additional time to solicit shareholder votes in order to achieve quorum and hold the Meeting.
Our records indicate your account in which you are invested has yet to be voted. We apologize for the continued follow-up regarding this matter. However, it is critical that we receive your proxy vote by October 21, 2020. Please help us to avoid further delay and costs by taking a moment to cast your vote today.
We value your time and have set up convenient voting options. Should you have any questions about the proposals, or about how to vote, please call (888) 542-7446 extension 14584.
Thank you in advance to your attention to this important matter.
Best regards,
|
Catherine Ayers-Rigsby, President
Advisors Preferred, LLC
Here are three convenient methods to cast your vote today:
- Vote by Touch-Tone Phone: You may cast your vote by telephone using an automated system by calling the toll-free number found on the enclosed proxy card(s).
- Vote Online: You may cast your vote by visiting the web address located on the enclosed proxy card(s) and following the instructions on the website.
- Vote by Mail: You may cast your vote by signing, dating and mailing the enclosed proxy card(s) in the postage-prepaid return envelope provided.
We would be very grateful if you would use any one of the above voting methods listed to ensure that your vote is recorded by or before October 21, 2020.