Tactical Opportunities Fund
Long Short Equity Fund
Tactical Opportunities Fund
Long Short Equity Fund
Tactical Opportunities Fund
Long Short Equity Fund
Opening a New Account
IRA Transfer/Rollovers
Additional Purchases/
Redemptions
(Existing Accounts)
Miscellaneous Account Activity
Fund Description
Daily Pricing
Historical Performance
Quarterly Market Commentary
Fund Fact Sheet
Fund Prospectus
Long Short Equity Fund
INVESTMENT OBJECTIVE
The Fund seeks to provide investors with a positive return regardless of the direction and fluctuations of the U.S. equity markets.
INVESTMENT STRATEGIES
The Long Short Fund utilizes a market neutral investment approach that employs factor-based and fundamental methodologies. Our goal is to exploit inefficiencies in the equity markets. The quantitative analysis uses multi-factor proprietary equity models that the Advisor has developed to identify stocks that we believe are likely to outperform or underperform the market over a targeted time period.
The adviser continually assesses each investment’s changing characteristics relative to its contribution to portfolio risk, and sells investments when the adviser believes it no longer offers an appropriate return-to-risk trade-off.
REASONS TO INVEST
Downside Management: Seeks to limit exposure to downside risk by running a beta neutral portfolio designed to capitalize on arbitrage opportunities in the equity markets.
Portfolio Diversification: Seeks to generate total return that is not correlated to traditional asset classes and offers portfolio diversification benefits.
Experienced, Talented Investment Team: The team possess decades of experience investing in long short equity strategies for institutional investors.
RISK FACTORS
There can be no guarantee that the Funds' strategies or investment objectives will be achieved. The Funds are new and have limited operating history.
The value of investments in the Funds, as well as the amount of return received on an investment, may fluctuate significantly from day to day and over time. Investors may lose part or all of their investment in the Funds, or their investment may not perform as well as other similar investments. When consistent with the Funds’ investment objectives, and to the extent permitted under the Investment Company Act of 1940, the Funds may use derivative investments (options contracts, futures contracts and swaps) for hedging purposes as a substitute for investing in conventional securities. The Funds may also use derivatives to increase their economic exposure to a particular security or index in a cost-effective manner.
Some of the risks related to conventional or derivative securities in which the Funds may invest, such as: convertible securities; credit default swaps; debt securities; options and futures contracts; junk bonds; mortgage- and asset-backed securities; and small-cap and emerging-growth securities, include the following: interest-rate volatility; valuation difficulty; issuer-default risk; unexpected securities price fluctuations; pre-payment and extension risks; and general financial instability of security issuers. Investors are encouraged to read the detailed explanation of risk factors included in the Funds’ prospectuses.