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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000158708Member_lbl" xml:lang="en-US">Class S Shares</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_InvestmentStyleRiskMember_lbl" xml:lang="en-US">Investment Style Risk</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCLARGECAPGROWTHINDEX2Member_lbl" xml:lang="en-US">Bloomberg 1000 Growth Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCLARGECAPGROWTHINDEX3Member" xlink:label="aiciii_KOCLARGECAPGROWTHINDEX3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCLARGECAPGROWTHINDEX3Member" xlink:to="aiciii_KOCLARGECAPGROWTHINDEX3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCLARGECAPGROWTHINDEX3Member_lbl" xml:lang="en-US">Bloomberg 1000 Catholic Values Growth Factor Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_S000048265Member" xlink:label="aiciii_S000048265Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_S000048265Member" xlink:to="aiciii_S000048265Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_S000048265Member_lbl" xml:lang="en-US">Knights of Columbus Large Cap Value Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000152512Member" xlink:label="aiciii_C000152512Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000152512Member" xlink:to="aiciii_C000152512Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000152512Member_lbl" xml:lang="en-US">I Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000158710Member" xlink:label="aiciii_C000158710Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000158710Member" xlink:to="aiciii_C000158710Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000158710Member_lbl" xml:lang="en-US">Class S Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCLARGECAPVALUEINDEX1Member" xlink:label="aiciii_KOCLARGECAPVALUEINDEX1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCLARGECAPVALUEINDEX1Member" xlink:to="aiciii_KOCLARGECAPVALUEINDEX1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_KOCLARGECAPVALUEINDEX1Member_lbl" xml:lang="en-US">Bloomberg U.S. 1000 Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCLARGECAPVALUEINDEX2Member" xlink:label="aiciii_KOCLARGECAPVALUEINDEX2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCLARGECAPVALUEINDEX2Member" xlink:to="aiciii_KOCLARGECAPVALUEINDEX2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCLARGECAPVALUEINDEX2Member_lbl" xml:lang="en-US">Bloomberg 1000 Value Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCLARGECAPVALUEINDEX3Member" xlink:label="aiciii_KOCLARGECAPVALUEINDEX3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCLARGECAPVALUEINDEX3Member" xlink:to="aiciii_KOCLARGECAPVALUEINDEX3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCLARGECAPVALUEINDEX3Member_lbl" xml:lang="en-US">Bloomberg 1000 Catholic Values Value Factor Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_S000048266Member" xlink:label="aiciii_S000048266Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_S000048266Member" xlink:to="aiciii_S000048266Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_S000048266Member_lbl" xml:lang="en-US">Knights of Columbus Small Cap Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000152513Member" xlink:label="aiciii_C000152513Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000152513Member" xlink:to="aiciii_C000152513Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000152513Member_lbl" xml:lang="en-US">I Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000158713Member" xlink:label="aiciii_C000158713Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000158713Member" xlink:to="aiciii_C000158713Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000158713Member_lbl" xml:lang="en-US">Class S Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_SmallCapitalizationCompanyRiskMember" xlink:label="aiciii_SmallCapitalizationCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_SmallCapitalizationCompanyRiskMember" xlink:to="aiciii_SmallCapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_SmallCapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Small-Capitalization Company Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCSMALLCAPINDEX1Member" xlink:label="aiciii_KOCSMALLCAPINDEX1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCSMALLCAPINDEX1Member" xlink:to="aiciii_KOCSMALLCAPINDEX1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCSMALLCAPINDEX1Member_lbl" xml:lang="en-US">Bloomberg U.S. 3000 Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCSMALLCAPINDEX2Member" xlink:label="aiciii_KOCSMALLCAPINDEX2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCSMALLCAPINDEX2Member" xlink:to="aiciii_KOCSMALLCAPINDEX2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCSMALLCAPINDEX2Member_lbl" xml:lang="en-US">Bloomberg 2000 Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCSMALLCAPINDEX3Member" xlink:label="aiciii_KOCSMALLCAPINDEX3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCSMALLCAPINDEX3Member" xlink:to="aiciii_KOCSMALLCAPINDEX3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCSMALLCAPINDEX3Member_lbl" xml:lang="en-US">Bloomberg 2000 Catholic Values Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_S000048267Member" xlink:label="aiciii_S000048267Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_S000048267Member" xlink:to="aiciii_S000048267Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_S000048267Member_lbl" xml:lang="en-US">Knights of Columbus International Equity Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000152514Member" xlink:label="aiciii_C000152514Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000152514Member" xlink:to="aiciii_C000152514Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000152514Member_lbl" xml:lang="en-US">I Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000158714Member" xlink:label="aiciii_C000158714Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000158714Member" xlink:to="aiciii_C000158714Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000158714Member_lbl" xml:lang="en-US">Class S Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_ForeignCompanyRiskMember" xlink:label="aiciii_ForeignCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_ForeignCompanyRiskMember" xlink:to="aiciii_ForeignCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_ForeignCompanyRiskMember_lbl" xml:lang="en-US">Foreign Company Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_EmergingMarketsSecuritiesRiskMember" xlink:label="aiciii_EmergingMarketsSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_EmergingMarketsSecuritiesRiskMember" xlink:to="aiciii_EmergingMarketsSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_EmergingMarketsSecuritiesRiskMember_lbl" xml:lang="en-US">Emerging Markets Securities Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_ForeignCurrencyRiskMember" xlink:label="aiciii_ForeignCurrencyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_ForeignCurrencyRiskMember" xlink:to="aiciii_ForeignCurrencyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_ForeignCurrencyRiskMember_lbl" xml:lang="en-US">Foreign Currency Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCINTLEQUITYINDEX1Member" xlink:label="aiciii_KOCINTLEQUITYINDEX1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCINTLEQUITYINDEX1Member" xlink:to="aiciii_KOCINTLEQUITYINDEX1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCINTLEQUITYINDEX1Member_lbl" xml:lang="en-US">Bloomberg World ex-US Large-Mid Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCINTLEQUITYINDEX2Member" xlink:label="aiciii_KOCINTLEQUITYINDEX2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCINTLEQUITYINDEX2Member" xlink:to="aiciii_KOCINTLEQUITYINDEX2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCINTLEQUITYINDEX2Member_lbl" xml:lang="en-US">Bloomberg World ex-US Catholic Values Large &amp; Mid Cap Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_S000066638Member" xlink:label="aiciii_S000066638Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_S000066638Member" xlink:to="aiciii_S000066638Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_S000066638Member_lbl" xml:lang="en-US">Knights of Columbus Long/Short Equity Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000214840Member" xlink:label="aiciii_C000214840Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214840Member" xlink:to="aiciii_C000214840Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000214840Member_lbl" xml:lang="en-US">I Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000214841Member" xlink:label="aiciii_C000214841Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214841Member" xlink:to="aiciii_C000214841Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000214841Member_lbl" xml:lang="en-US">Class S Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_ShortSalesRiskMember" xlink:label="aiciii_ShortSalesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_ShortSalesRiskMember" xlink:to="aiciii_ShortSalesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_ShortSalesRiskMember_lbl" xml:lang="en-US">Short Sales Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_DerivativesRiskMember" xlink:label="aiciii_DerivativesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_DerivativesRiskMember" xlink:to="aiciii_DerivativesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_DerivativesRiskMember_lbl" xml:lang="en-US">Derivatives Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_SectorEmphasisRiskMember" xlink:label="aiciii_SectorEmphasisRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_SectorEmphasisRiskMember" xlink:to="aiciii_SectorEmphasisRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_SectorEmphasisRiskMember_lbl" xml:lang="en-US">Sector Emphasis Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCLONGSHORTEQUITYINDEX1Member" xlink:label="aiciii_KOCLONGSHORTEQUITYINDEX1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCLONGSHORTEQUITYINDEX1Member" xlink:to="aiciii_KOCLONGSHORTEQUITYINDEX1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_KOCLONGSHORTEQUITYINDEX1Member_lbl" xml:lang="en-US">Bloomberg U.S. 1000 Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCLONGSHORTEQUITYINDEX2Member" xlink:label="aiciii_KOCLONGSHORTEQUITYINDEX2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCLONGSHORTEQUITYINDEX2Member" xlink:to="aiciii_KOCLONGSHORTEQUITYINDEX2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCLONGSHORTEQUITYINDEX2Member_lbl" xml:lang="en-US">HFRX Equity Market Neutral Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_S000066639Member" xlink:label="aiciii_S000066639Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_S000066639Member" xlink:to="aiciii_S000066639Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_S000066639Member_lbl" xml:lang="en-US">Knights of Columbus U.S. All Cap Index Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000214842Member" xlink:label="aiciii_C000214842Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214842Member" xlink:to="aiciii_C000214842Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000214842Member_lbl" xml:lang="en-US">I Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000214844Member" xlink:label="aiciii_C000214844Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214844Member" xlink:to="aiciii_C000214844Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000214844Member_lbl" xml:lang="en-US">Class S Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_SmallandMidCapitalizationCompanyRiskMember" xlink:label="aiciii_SmallandMidCapitalizationCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_SmallandMidCapitalizationCompanyRiskMember" xlink:to="aiciii_SmallandMidCapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_SmallandMidCapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Small- and Mid-Capitalization Company Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_IndexingStrategyIndexTrackingRiskMember" xlink:label="aiciii_IndexingStrategyIndexTrackingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_IndexingStrategyIndexTrackingRiskMember" xlink:to="aiciii_IndexingStrategyIndexTrackingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_IndexingStrategyIndexTrackingRiskMember_lbl" xml:lang="en-US">Indexing StrategyIndex Tracking Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_RealEstateInvestmentTrustsRiskMember" xlink:label="aiciii_RealEstateInvestmentTrustsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_RealEstateInvestmentTrustsRiskMember" xlink:to="aiciii_RealEstateInvestmentTrustsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_RealEstateInvestmentTrustsRiskMember_lbl" xml:lang="en-US">Real Estate Investment Trusts Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_IndustryConcentrationRiskMember" xlink:label="aiciii_IndustryConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_IndustryConcentrationRiskMember" xlink:to="aiciii_IndustryConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_IndustryConcentrationRiskMember_lbl" xml:lang="en-US">Industry Concentration Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCALLCAPINDEX1Member" xlink:label="aiciii_KOCALLCAPINDEX1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCALLCAPINDEX1Member" xlink:to="aiciii_KOCALLCAPINDEX1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_KOCALLCAPINDEX1Member_lbl" xml:lang="en-US">Bloomberg U.S. 3000 Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCALLCAPINDEX2Member" xlink:label="aiciii_KOCALLCAPINDEX2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCALLCAPINDEX2Member" xlink:to="aiciii_KOCALLCAPINDEX2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCALLCAPINDEX2Member_lbl" xml:lang="en-US">Knights of Columbus U.S. All Cap Index&#174; (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCALLCAPINDEX3Member" xlink:label="aiciii_KOCALLCAPINDEX3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCALLCAPINDEX3Member" xlink:to="aiciii_KOCALLCAPINDEX3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCALLCAPINDEX3Member_lbl" xml:lang="en-US">Bloomberg 3000 Catholic Values Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_S000066637Member" xlink:label="aiciii_S000066637Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_S000066637Member" xlink:to="aiciii_S000066637Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_S000066637Member_lbl" xml:lang="en-US">Knights of Columbus Real Estate Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000214836Member" xlink:label="aiciii_C000214836Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214836Member" xlink:to="aiciii_C000214836Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000214836Member_lbl" xml:lang="en-US">I Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000214838Member" xlink:label="aiciii_C000214838Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214838Member" xlink:to="aiciii_C000214838Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000214838Member_lbl" xml:lang="en-US">Class S Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_CoveredCallRiskMember" xlink:label="aiciii_CoveredCallRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_CoveredCallRiskMember" xlink:to="aiciii_CoveredCallRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_CoveredCallRiskMember_lbl" xml:lang="en-US">Covered Call Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_PreferredStockRiskMember" xlink:label="aiciii_PreferredStockRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_PreferredStockRiskMember" xlink:to="aiciii_PreferredStockRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_PreferredStockRiskMember_lbl" xml:lang="en-US">Preferred Stock Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCREALESTATEFUNDINDEX1Member" xlink:label="aiciii_KOCREALESTATEFUNDINDEX1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCREALESTATEFUNDINDEX1Member" xlink:to="aiciii_KOCREALESTATEFUNDINDEX1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_KOCREALESTATEFUNDINDEX1Member_lbl" xml:lang="en-US">Bloomberg U.S. 3000 Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCREALESTATEFUNDINDEX2Member" xlink:label="aiciii_KOCREALESTATEFUNDINDEX2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCREALESTATEFUNDINDEX2Member" xlink:to="aiciii_KOCREALESTATEFUNDINDEX2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCREALESTATEFUNDINDEX2Member_lbl" xml:lang="en-US">Bloomberg U.S. 3000 REIT Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_KOCREALESTATEFUNDINDEX3Member" xlink:label="aiciii_KOCREALESTATEFUNDINDEX3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCREALESTATEFUNDINDEX3Member" xlink:to="aiciii_KOCREALESTATEFUNDINDEX3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCREALESTATEFUNDINDEX3Member_lbl" xml:lang="en-US">Bloomberg U.S. REIT 3000 Catholic Values Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_S000047684Member" xlink:label="aiciii_S000047684Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_S000047684Member" xlink:to="aiciii_S000047684Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_S000047684Member_lbl" xml:lang="en-US">MetLife Core Plus Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000149725Member" xlink:label="aiciii_C000149725Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000149725Member" xlink:to="aiciii_C000149725Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000149725Member_lbl" xml:lang="en-US">I Class Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000149726Member" xlink:label="aiciii_C000149726Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000149726Member" xlink:to="aiciii_C000149726Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000149726Member_lbl" xml:lang="en-US">R Class Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_InterestRatesRiskMember" xlink:label="aiciii_InterestRatesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_InterestRatesRiskMember" xlink:to="aiciii_InterestRatesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_InterestRatesRiskMember_lbl" xml:lang="en-US">Interest Rate Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_CreditsRiskMember" xlink:label="aiciii_CreditsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_CreditsRiskMember" xlink:to="aiciii_CreditsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_CreditsRiskMember_lbl" xml:lang="en-US">Credit Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_MarketRiskMember" xlink:label="aiciii_MarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_MarketRiskMember" xlink:to="aiciii_MarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_MarketRiskMember_lbl" xml:lang="en-US">Market Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_IssuerRiskMember" xlink:label="aiciii_IssuerRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_IssuerRiskMember" xlink:to="aiciii_IssuerRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_IssuerRiskMember_lbl" xml:lang="en-US">Issuer Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_PrivatelyIssuedSecuritiesRiskMember" xlink:label="aiciii_PrivatelyIssuedSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_PrivatelyIssuedSecuritiesRiskMember" xlink:to="aiciii_PrivatelyIssuedSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_PrivatelyIssuedSecuritiesRiskMember_lbl" xml:lang="en-US">Privately Issued Securities Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_UnratedSecuritiesRiskMember" xlink:label="aiciii_UnratedSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_UnratedSecuritiesRiskMember" xlink:to="aiciii_UnratedSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_UnratedSecuritiesRiskMember_lbl" xml:lang="en-US">Unrated Securities Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_PrepaymentsRiskMember" xlink:label="aiciii_PrepaymentsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_PrepaymentsRiskMember" xlink:to="aiciii_PrepaymentsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_PrepaymentsRiskMember_lbl" xml:lang="en-US">Prepayment Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_ExtensionRiskMember" xlink:label="aiciii_ExtensionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_ExtensionRiskMember" xlink:to="aiciii_ExtensionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_ExtensionRiskMember_lbl" xml:lang="en-US">Extension Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_FixedIncomeMarketRiskMember" xlink:label="aiciii_FixedIncomeMarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_FixedIncomeMarketRiskMember" xlink:to="aiciii_FixedIncomeMarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_FixedIncomeMarketRiskMember_lbl" xml:lang="en-US">Fixed Income Market Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_HedgingRiskMember" xlink:label="aiciii_HedgingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_HedgingRiskMember" xlink:to="aiciii_HedgingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_HedgingRiskMember_lbl" xml:lang="en-US">Hedging Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_CountryRiskMember" xlink:label="aiciii_CountryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_CountryRiskMember" xlink:to="aiciii_CountryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_CountryRiskMember_lbl" xml:lang="en-US">Country Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_CurrencyRiskMember" xlink:label="aiciii_CurrencyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_CurrencyRiskMember" xlink:to="aiciii_CurrencyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_CurrencyRiskMember_lbl" xml:lang="en-US">Currency Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_CallRiskMember" xlink:label="aiciii_CallRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_CallRiskMember" xlink:to="aiciii_CallRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_CallRiskMember_lbl" xml:lang="en-US">Call Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_COREPLUSINDEX1Member" xlink:label="aiciii_COREPLUSINDEX1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_COREPLUSINDEX1Member" xlink:to="aiciii_COREPLUSINDEX1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_COREPLUSINDEX1Member_lbl" xml:lang="en-US">Bloomberg US Aggregate Bond Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_S000047686Member" xlink:label="aiciii_S000047686Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_S000047686Member" xlink:to="aiciii_S000047686Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_S000047686Member_lbl" xml:lang="en-US">MetLife Multi-Sector Fixed Income Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000149729Member" xlink:label="aiciii_C000149729Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000149729Member" xlink:to="aiciii_C000149729Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000149729Member_lbl" xml:lang="en-US">I Class Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000149730Member" xlink:label="aiciii_C000149730Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000149730Member" xlink:to="aiciii_C000149730Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aiciii_C000149730Member_lbl" xml:lang="en-US">R Class Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_SovereignDebtRiskMember" xlink:label="aiciii_SovereignDebtRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_SovereignDebtRiskMember" xlink:to="aiciii_SovereignDebtRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_SovereignDebtRiskMember_lbl" xml:lang="en-US">Sovereign Debt Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_BankLoansRiskMember" xlink:label="aiciii_BankLoansRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_BankLoansRiskMember" xlink:to="aiciii_BankLoansRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_BankLoansRiskMember_lbl" xml:lang="en-US">Bank Loans Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_NewFundRiskMember" xlink:label="aiciii_NewFundRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_NewFundRiskMember" xlink:to="aiciii_NewFundRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_NewFundRiskMember_lbl" xml:lang="en-US">New Fund Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_S000052180Member" xlink:label="aiciii_S000052180Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_S000052180Member" xlink:to="aiciii_S000052180Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_S000052180Member_lbl" xml:lang="en-US">PineBridge Dynamic Asset Allocation Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000164187Member" xlink:label="aiciii_C000164187Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000164187Member" xlink:to="aiciii_C000164187Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000164187Member_lbl" xml:lang="en-US">Institutional Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_C000164186Member" xlink:label="aiciii_C000164186Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000164186Member" xlink:to="aiciii_C000164186Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000164186Member_lbl" xml:lang="en-US">Investor Servicing Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_AssetAllocationRiskMember" xlink:label="aiciii_AssetAllocationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_AssetAllocationRiskMember" xlink:to="aiciii_AssetAllocationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_AssetAllocationRiskMember_lbl" xml:lang="en-US">Asset Allocation Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_StockConnectInvestingRiskMember" xlink:label="aiciii_StockConnectInvestingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_StockConnectInvestingRiskMember" xlink:to="aiciii_StockConnectInvestingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_StockConnectInvestingRiskMember_lbl" xml:lang="en-US">Stock Connect Investing Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_BondConnectInvestingRiskMember" xlink:label="aiciii_BondConnectInvestingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_BondConnectInvestingRiskMember" xlink:to="aiciii_BondConnectInvestingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_BondConnectInvestingRiskMember_lbl" xml:lang="en-US">Bond Connect Investing Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_RisksMember" xlink:label="aiciii_RisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_RisksMember" xlink:to="aiciii_RisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_RisksMember_lbl" xml:lang="en-US">Risks of Investing in Other Companies</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_REITsRiskMember" xlink:label="aiciii_REITsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_REITsRiskMember" xlink:to="aiciii_REITsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_REITsRiskMember_lbl" xml:lang="en-US">REITs Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_ConvertibleSecuritiesRiskMember" xlink:label="aiciii_ConvertibleSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_ConvertibleSecuritiesRiskMember" xlink:to="aiciii_ConvertibleSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_ConvertibleSecuritiesRiskMember_lbl" xml:lang="en-US">Convertible Securities Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_RightsandWarrantsRiskMember" xlink:label="aiciii_RightsandWarrantsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_RightsandWarrantsRiskMember" xlink:to="aiciii_RightsandWarrantsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_RightsandWarrantsRiskMember_lbl" xml:lang="en-US">Rights and Warrants Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_PreferredStocksRiskMember" xlink:label="aiciii_PreferredStocksRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_PreferredStocksRiskMember" xlink:to="aiciii_PreferredStocksRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_PreferredStocksRiskMember_lbl" xml:lang="en-US">Preferred Stocks Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_CollateralizedDebtObligationsRiskMember" xlink:label="aiciii_CollateralizedDebtObligationsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_CollateralizedDebtObligationsRiskMember" xlink:to="aiciii_CollateralizedDebtObligationsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_CollateralizedDebtObligationsRiskMember_lbl" xml:lang="en-US">Collateralized Debt Obligations Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_ForeignSovereignDebtSecuritiesRiskMember" xlink:label="aiciii_ForeignSovereignDebtSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_ForeignSovereignDebtSecuritiesRiskMember" xlink:to="aiciii_ForeignSovereignDebtSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_ForeignSovereignDebtSecuritiesRiskMember_lbl" xml:lang="en-US">Foreign Sovereign Debt Securities Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_BankObligationsRiskMember" xlink:label="aiciii_BankObligationsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_BankObligationsRiskMember" xlink:to="aiciii_BankObligationsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_BankObligationsRiskMember_lbl" xml:lang="en-US">Bank Obligations Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_ActiveTradingRiskMember" xlink:label="aiciii_ActiveTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_ActiveTradingRiskMember" xlink:to="aiciii_ActiveTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_ActiveTradingRiskMember_lbl" xml:lang="en-US">Active Trading Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_AffiliatedFundRiskMember" xlink:label="aiciii_AffiliatedFundRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_AffiliatedFundRiskMember" xlink:to="aiciii_AffiliatedFundRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_AffiliatedFundRiskMember_lbl" xml:lang="en-US">Affiliated Fund Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_UnregisteredFundsRiskMember" xlink:label="aiciii_UnregisteredFundsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_UnregisteredFundsRiskMember" xlink:to="aiciii_UnregisteredFundsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_UnregisteredFundsRiskMember_lbl" xml:lang="en-US">Unregistered Funds Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_RepurchaseAgreementsRiskMember" xlink:label="aiciii_RepurchaseAgreementsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_RepurchaseAgreementsRiskMember" xlink:to="aiciii_RepurchaseAgreementsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_RepurchaseAgreementsRiskMember_lbl" xml:lang="en-US">Repurchase Agreements Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_ReverseRepurchaseAgreementsRiskMember" xlink:label="aiciii_ReverseRepurchaseAgreementsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_ReverseRepurchaseAgreementsRiskMember" xlink:to="aiciii_ReverseRepurchaseAgreementsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_ReverseRepurchaseAgreementsRiskMember_lbl" xml:lang="en-US">Reverse Repurchase Agreements Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_SecuritiesLendingRiskMember" xlink:label="aiciii_SecuritiesLendingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_SecuritiesLendingRiskMember" xlink:to="aiciii_SecuritiesLendingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_SecuritiesLendingRiskMember_lbl" xml:lang="en-US">Securities Lending Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_MoneyMarketInstrumentsRiskMember" xlink:label="aiciii_MoneyMarketInstrumentsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_MoneyMarketInstrumentsRiskMember" xlink:to="aiciii_MoneyMarketInstrumentsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_MoneyMarketInstrumentsRiskMember_lbl" xml:lang="en-US">Money Market Instruments Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_INDEXPB1Member" xlink:label="aiciii_INDEXPB1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_INDEXPB1Member" xlink:to="aiciii_INDEXPB1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_INDEXPB1Member_lbl" xml:lang="en-US">MSCI ACWI (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_INDEXPB2Member" xlink:label="aiciii_INDEXPB2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_INDEXPB2Member" xlink:to="aiciii_INDEXPB2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_INDEXPB2Member_lbl" xml:lang="en-US">Bloomberg Global Treasury Total Return Index (&#8220;Bloomberg Index&#8221;) (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_INDEXPB3Member" xlink:label="aiciii_INDEXPB3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_INDEXPB3Member" xlink:to="aiciii_INDEXPB3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_INDEXPB3Member_lbl" xml:lang="en-US">Blended 60/40 MSCI ACWI/Bloomberg Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="aiciii-20260301.xsd#aiciii_INDEXPB4Member" xlink:label="aiciii_INDEXPB4Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_INDEXPB4Member" xlink:to="aiciii_INDEXPB4Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_INDEXPB4Member_lbl" xml:lang="en-US">U.S. Consumer Price Index Less Food &amp; Energy + 5% (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000152511Member" xlink:to="aiciii_C000152511Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000152511Member_2_lbl" xml:lang="en-US">I Shares | Knights of Columbus Large Cap Growth Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000158708Member" xlink:to="aiciii_C000158708Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000158708Member_2_lbl" xml:lang="en-US">Class S Shares | Knights of Columbus Large Cap Growth Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000152512Member" xlink:to="aiciii_C000152512Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000152512Member_2_lbl" xml:lang="en-US">I Shares | Knights of Columbus Large Cap Value Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000158710Member" xlink:to="aiciii_C000158710Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000158710Member_2_lbl" xml:lang="en-US">Class S Shares | Knights of Columbus Large Cap Value Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCLARGECAPVALUEINDEX1Member" xlink:to="aiciii_KOCLARGECAPVALUEINDEX1Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCLARGECAPVALUEINDEX1Member_2_lbl" xml:lang="en-US">Bloomberg U.S. 1000 Total Return Index (reflects no deduction for fees, expenses or taxes) | Knights of Columbus Large Cap Value Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000152513Member" xlink:to="aiciii_C000152513Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000152513Member_2_lbl" xml:lang="en-US">I Shares | Knights of Columbus Small Cap Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000158713Member" xlink:to="aiciii_C000158713Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000158713Member_2_lbl" xml:lang="en-US">Class S Shares | Knights of Columbus Small Cap Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000152514Member" xlink:to="aiciii_C000152514Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000152514Member_2_lbl" xml:lang="en-US">I Shares | Knights of Columbus International Equity Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000158714Member" xlink:to="aiciii_C000158714Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000158714Member_2_lbl" xml:lang="en-US">Class S Shares | Knights of Columbus International Equity Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214840Member" xlink:to="aiciii_C000214840Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000214840Member_2_lbl" xml:lang="en-US">I Shares | Knights of Columbus Long/Short Equity Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214841Member" xlink:to="aiciii_C000214841Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000214841Member_2_lbl" xml:lang="en-US">Class S Shares | Knights of Columbus Long/Short Equity Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCLONGSHORTEQUITYINDEX1Member" xlink:to="aiciii_KOCLONGSHORTEQUITYINDEX1Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCLONGSHORTEQUITYINDEX1Member_2_lbl" xml:lang="en-US">Bloomberg U.S. 1000 Total Return Index (reflects no deduction for fees, expenses or taxes) | Knights of Columbus Long/Short Equity Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214842Member" xlink:to="aiciii_C000214842Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000214842Member_2_lbl" xml:lang="en-US">I Shares | Knights of Columbus U.S. All Cap Index Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214844Member" xlink:to="aiciii_C000214844Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000214844Member_2_lbl" xml:lang="en-US">Class S Shares | Knights of Columbus U.S. All Cap Index Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCALLCAPINDEX1Member" xlink:to="aiciii_KOCALLCAPINDEX1Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCALLCAPINDEX1Member_2_lbl" xml:lang="en-US">Bloomberg U.S. 3000 Total Return Index (reflects no deduction for fees, expenses or taxes) | Knights of Columbus U.S. All Cap Index Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214836Member" xlink:to="aiciii_C000214836Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000214836Member_2_lbl" xml:lang="en-US">I Shares | Knights of Columbus Real Estate Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000214838Member" xlink:to="aiciii_C000214838Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000214838Member_2_lbl" xml:lang="en-US">Class S Shares | Knights of Columbus Real Estate Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_KOCREALESTATEFUNDINDEX1Member" xlink:to="aiciii_KOCREALESTATEFUNDINDEX1Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_KOCREALESTATEFUNDINDEX1Member_2_lbl" xml:lang="en-US">Bloomberg U.S. 3000 Total Return Index (reflects no deduction for fees, expenses or taxes) | Knights of Columbus Real Estate Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_COREPLUSINDEX1Member" xlink:to="aiciii_COREPLUSINDEX1Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_COREPLUSINDEX1Member_2_lbl" xml:lang="en-US">Bloomberg US Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) | MetLife Core Plus Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000149729Member" xlink:to="aiciii_C000149729Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000149729Member_2_lbl" xml:lang="en-US">I Class Shares | MetLife Multi-Sector Fixed Income Fund</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aiciii_C000149730Member" xlink:to="aiciii_C000149730Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aiciii_C000149730Member_2_lbl" xml:lang="en-US">R Class Shares | MetLife Multi-Sector Fixed Income Fund</link:label>
    </link:labelLink>
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