Shareholder Report | 12 Months Ended |
Oct. 31, 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 | Oct. 31, 2024 |
C000242227 | |
Shareholder Report [Line Items] | |
Fund Name | LGIM America Commodity Strategy Fund |
Class Name | Institutional Class Shares |
Trading Symbol | LCOIX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Institutional Class Shares of the LGIM America Commodity Strategy Fund (the "Fund") for the period from November 1, 2023 to October 31, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.lgima.com/funds/commodity-strategy-fund. You can also request this information by contacting us at 833-44-LGIMA. |
Additional Information Phone Number | 833-44-LGIMA |
Additional Information Website | https://www.lgima.com/funds/commodity-strategy-fund |
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 LGIM America Commodity Strategy Fund, Institutional Class Shares $16 0.15% |
Expenses Paid, Amount | $ 16 |
Expense Ratio, Percent | 0.15% |
Factors Affecting Performance [Text Block] | How did the Fund perform in the last year? For the period October 31, 2023, through October 31, 2024, the Fund returned +9.43%, in-line with the returns of the various underlying component benchmarks. Commodities, specifically with the overweight in gold, contributed to most of the positive performance. Precious metals were up over +31% across the previous 12 months primarily due to its role as a safe haven asset amid global economic uncertainties and geopolitical tensions. Central bank buying also contributed to solid gold demand. Industrial metals gained over 7%, while energy experienced heightened volatility, with Brent crude oil peaking at $91 and dropping to as low as $69/barrel. OPEC’s decision to delay the re-introduction of its self-imposed supply cuts helped to maintain a pricing floor. Optimal rainfall and temperatures pushed agricultural commodity prices down; however, the increased crop production benefited livestock commodities by lowering feed costs. Moderate inflation during the first half of the year contributed to the US TIPS component performing well at +8%. |
Performance Past Does Not Indicate Future [Text] | Past performance is not indicative of future performance. |
Line Graph [Table Text Block] | LGIM America Commodity Strategy Fund, Institutional Class Shares - $10518 S&P 500 Index (TR)* - $13257 Bloomberg Commodity Index (TR) (USD) - $10175 80/20 BBG Roll Select Commodity Index / BBG Gold Sub-Index - $10183 Jun/23 $10000 $10000 $10000 $10000 Oct/23 $9612 $9606 $10296 $10014 Oct/24 $10518 $13257 $10175 $10183 |
Average Annual Return [Table Text Block] | Fund/Index Name 1 Year Annualized Since Inception LGIM America Commodity Strategy Fund, Institutional Class Shares 9.43% 3.76% S&P 500 Index (TR)* 38.02% 22.91% Bloomberg Commodity Index (TR) (USD) - 1.28% 80/20 BBG Roll Select Commodity Index / BBG Gold Sub-Index 1.69% 1.33% |
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 | $ 111,605,225 |
Holdings Count | Holding | 51 |
Advisory Fees Paid, Amount | $ 0 |
InvestmentCompanyPortfolioTurnover | 52% |
Additional Fund Statistics [Text Block] | Key Fund Statistics as of October 31, 2024 Total Net Assets Number of Holdings Total Advisory Fees Paid Portfolio Turnover Rate $111,605,225 51 $- 52% |
Holdings [Text Block] | Asset Weightings Footnote Reference Value Value Total Return Swaps 0.0% Exchange Traded Fund 0.3% U.S. Treasury Obligations 99.4% Footnote Description Footnote * Percentages are calculated based on total net assets. |
Largest Holdings [Text Block] | Top Ten Holdings Holding Name Coupon Rate Maturity Date Percentage of Total Net Assets U.S. Treasury Inflation Indexed Bonds 1.750% 01/15/34 3.8% U.S. Treasury Inflation Indexed Bonds 1.125% 01/15/33 3.5% U.S. Treasury Inflation Indexed Bonds 0.625% 07/15/32 3.5% U.S. Treasury Inflation Indexed Bonds 1.375% 07/15/33 3.5% U.S. Treasury Inflation Indexed Bonds 2.125% 04/15/29 3.5% U.S. Treasury Inflation Indexed Bonds 2.375% 10/15/28 3.4% U.S. Treasury Inflation Indexed Bonds 0.125% 01/15/32 3.3% U.S. Treasury Inflation Indexed Bonds 1.625% 10/15/27 3.2% U.S. Treasury Inflation Indexed Bonds 1.250% 04/15/28 3.1% U.S. Treasury Inflation Indexed Bonds 0.125% 04/15/27 3.1% |
Material Fund Change [Text Block] | Material Fund Changes There were no material changes during the reporting period. |
Updated Prospectus Phone Number | 833-44-LGIMA |
Updated Prospectus Web Address | https://www.lgima.com/funds/commodity-strategy-fund |