The Fund seeks to generate capital appreciation.
The CMG Mauldin Core Fund seeks to generate capital appreciation. The Fund invests across various asset classes and sectors of the U.S., foreign and emerging equity and fixed income markets. The Fund’s tactical asset allocation approach is managed by the Fund’s co-portfolio managers, Stephen Blumenthal and John Mauldin.
Tactical Asset Allocation Investment Process:
The Advisor seeks to achieve the Fund’s investment objective by investing in U.S., foreign and emerging markets equities of any capitalization during sustained equity market rallies and investing defensively in U.S. Treasury securities and other fixed income securities during periods of weakness in equity markets. The fixed income securities in which the Fund invests are U.S. government securities and investment grade and non-investment grade (“junk bonds”) U.S., foreign and emerging market corporate debt of any maturity. The Fund achieves its equity and fixed income market exposures principally through investing in exchange-traded funds (ETFs), open-end funds and closed-end funds (“Underlying Funds”). During periods of equity market weakness, the Fund may hold significant investments in U.S. Treasury securities and money market funds.
To determine equity market strength and the allocation of the Fund’s assets between equities and fixed income, the Advisor analyzes and evaluates the research data and market reports of multiple research providers. These reports and data include tactical research that focuses on specific asset classes, sectors, investment styles and other market exposures.
The Advisor favors research-driven, model-based strategies that are implemented following an objective, rules-based investment process. The thesis of the Fund’s investment strategy is that objective, rules-based investment strategies that employ a flexible mandate generally have a low correlation to the broad markets. Similarly, because each of the research providers considers risk differently, their investment focuses are also likely to have a low correlation to each other. As such, the Advisor believes that its tactical allocation methodology will produce a diversified low volatility portfolio that seeks long-term capital appreciation.
There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.
About John Mauldin:
John Mauldin joined CMG Capital Management Group, Inc. in 2018 and serves as Chief Economist of the Advisor and co-portfolio manager. Mr. Mauldin is a noted financial expert, a New York Times best-selling author, a pioneering online commentator and the publisher of one of the first publications to provide investors with free, unbiased investment information and guidance – Thoughts from the Frontline. Together with Mauldin Economics, Mr. Mauldin proudly hosts the Strategic Investment Conference, an annual gathering of some of the world’s most brilliant economists and analysts. Additionally, John’s books have appeared on the New York Times best-seller list four times and include Bull’s Eye Investing, Endgame, Code Red and Just One Thing.
1 Load waivable. Please review prospectus for qualification. Other fees and expenses do apply to investments in the Fund.
2 The adviser may waive the Class I shares minimum account requirements if the adviser believes that the aggregated accounts of a financial intermediary will meet the minimum initial investment requirement. Lower minimum initial and additional investments may also be applicable in certain other circumstances, including purchases by certain tax-deferred retirement programs.