Shareholder Report | 12 Months Ended |
Sep. 30, 2024 USD ($) Holding |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Advisors' Inner Circle Fund III |
Entity Central Index Key | 0001593547 |
Entity Investment Company Type | N-1A |
Document Period End Date | Sep. 30, 2024 |
C000208376 | |
Shareholder Report [Line Items] | |
Fund Name | Nicholas Partners Small Cap Growth Fund |
Class Name | Institutional Shares |
Trading Symbol | NPSGX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Institutional Shares of the Nicholas Partners Small Cap Growth Fund (the "Fund") for the period from October 1, 2023 to September 30, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://nicfunds.com/small-cap-growth-fund-3/. You can also request this information by contacting us at 1-833-810-7345. |
Additional Information Phone Number | 1-833-810-7345 |
Additional Information Website | https://nicfunds.com/small-cap-growth-fund-3/ |
Expenses [Text Block] | What were the Fund costs for the last year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Nicholas Partners Small Cap Growth Fund, Institutional Shares $115 0.99% |
Expenses Paid, Amount | $ 115 |
Expense Ratio, Percent | 0.99% |
Factors Affecting Performance [Text Block] | How did the Fund perform in the last year? Market Summary: Fund Performance: Positioning: In Technology, the Fund trimmed its position in Monolithic Power after significant gains but maintains an overweight to semiconductors and semi-cap equipment. We believe this aligns with our focus on companies we view as poised to capitalize on the Gen-AI revolution. Healthcare was also a key sector, with an overweight in biotech, where clinical catalysts and promising product pipelines we believe offer opportunities. Additionally, we added to MedTech companies with strong financials, expecting that improved market sentiment has the potential to present attractive opportunities. Outlook: |
Performance Past Does Not Indicate Future [Text] | Past performance is not indicative of future performance. |
Line Graph [Table Text Block] | Nicholas Partners Small Cap Growth Fund, Institutional Shares - $227315 Russell 3000 ™ Index (USD)* - $232892 Russell 2000 Growth Index (USD) - $163061 Jan/19 $100000 $100000 $100000 Sep/19 $110700 $114473 $106863 Sep/20 $160069 $131645 $123656 Sep/21 $233586 $173607 $164790 Sep/22 $160727 $143005 $116553 Sep/23 $170694 $172266 $127732 Sep/24 $227315 $232892 $163061 |
Average Annual Return [Table Text Block] | Fund/Index Name 1 Year 5 Years Annualized Since Inception Nicholas Partners Small Cap Growth Fund, Institutional Shares 33.17% 15.48% 15.47% Russell 3000 ™ Index (USD)* 35.19% 15.26% 15.96% Russell 2000 Growth Index (USD) 27.66% 8.82% 8.94% |
No Deduction of Taxes [Text Block] | The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. |
AssetsNet | $ 125,716,829 |
Holdings Count | Holding | 89 |
Advisory Fees Paid, Amount | $ 715,630 |
InvestmentCompanyPortfolioTurnover | 138% |
Additional Fund Statistics [Text Block] | Key Fund Statistics as of September 30, 2024 Total Net Assets Number of Holdings Total Advisory Fees Paid Portfolio Turnover Rate $125,716,829 89 $715,630 138% |
Holdings [Text Block] | Asset Weightings Footnote Reference Value Value Consumer Staples 1.0% Energy 2.3% Real Estate 2.6% Exchange Traded Funds 6.5% Consumer Discretionary 8.1% Financials 13.1% Information Technology 16.2% Health Care 22.0% Industrials 27.7% Footnote Description Footnote * Percentages are calculated based on total net assets. |
Largest Holdings [Text Block] | Top Ten Holdings Holding Name Percentage of Total Net Assets BWX Technologies 4.1% iShares Russell 2000 Growth ETF 3.3% iShares Russell 2000 ETF 3.2% MGIC Investment 3.1% REV Group 2.9% Embraer ADR 2.8% Tanger 2.6% Evercore, Cl A 2.4% FTAI Aviation 2.3% Western Alliance Bancorp 2.1% |
Material Fund Change [Text Block] | Material Fund Changes There were no material changes during the reporting period. |
Updated Prospectus Phone Number | 1-833-810-7345 |
Updated Prospectus Web Address | https://nicfunds.com/small-cap-growth-fund-3/ |