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

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o Preliminary Proxy Statement

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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)

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KENSINGTON MANAGED INCOME FUND

SHAREHOLDER SERVICES

Shareholder Name

Address 1

Address 2

Address 3

IMPORTANT DEADLINE

Dear Valued Shareholder,

We have been unable to reach you to discuss important changes affecting one of your investments in the Kensington Managed Income Fund. This pertains to a Special Meeting of the Kensington Managed Income Fund shareholders, which has been called to vote on a significant matter. We are requesting your prompt response no later than October 21, 2020.

It is essential that we speak to you regarding this matter. The call will only take a few moments of your time and you will not be asked for any confidential information.

Please call us toll-free at (888) 542-7446 Extension 14584 between 9:00 a.m. and 10:00 p.m. Eastern time Monday through Friday. At the time of the call, please refer to the reference number listed below.

Thank you in advance for your assistance.

Best regards,

Catherine Ayers-Rigsby, President

Advisors Preferred, LLC

REFERENCE NUMBER: 123456789