The CMG Tactical All Asset Strategy Fund seeks to generate capital appreciation by investing in a portfolio of ETFs that have exposure to U.S. equity indices and sectors, international equities, fixed income, and commodities.
The CMG Tactical All Asset Strategy utilizes a model-driven investment process that evaluates a global universe of ETFs in determining the Fund’s portfolio allocation. The Advisor’s quantitative model ranks each potential ETF investment option based on the price data of each ETF using proprietary relative strength and momentum indicators. ETFs with the highest rankings are selected for investment and are periodically re-evaluated. The advisor seeks to adjust allocations within the Fund’s portfolio to capitalize on opportunities across global equity, fixed income, commodity, commodity-related and alternative markets. An ETF is sold by the Advisor when it is no longer considered to be the highest rated fund by the Advisor’s model.
The Advisor utilizes the tactical asset allocation strategy to adjust allocations in the portfolio to anticipate changing opportunities in various asset classes including:
|Domestic Equities||International Equities||Fixed Income||Other|
|Large Cap||International||Government Bonds||Commodities|
|Mid Cap||Emerging Market||Municipal Bonds||REITs|
|Small Cap||Country specific||Investment Grade Corporate Bonds||MLPs|
|Value||High Yield Bonds||Currencies|
|Growth||Emerging Market Bonds|
The Fund seeks to manage risk through its asset allocation and defined buy and sell process based on proprietary relative strength and momentum indicators. The fund will hold a maximum of 11 ETFs seeking to identify asset classes with the highest probabilities for continued positive trends. With an unconstrained tactical mandate, the strategy seeks to generate positive returns over multiple market cycles.
There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.
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.
Definition of terms:
Downside Risk: An estimation of a security’s potential to suffer a decline in price if the market conditions turn negative.
Hedge: an investment to reduce the risk of adverse price movements in an asset. Normally, a hedge consists of taking an offsetting position in a related security, such as a futures contract.
Long: Buying a security such as a stock, commodity or currency, with the expectation that the asset will rise in value.
Volatility: A statistical measure of the dispersion of returns for a given security or market index. Volatility can either be measured by using the standard deviation or variance between returns from that same security or market index. Commonly, the higher the volatility, the riskier the security.