(1) Represents the percentage increase/decrease in the net asset value from the prior trading day.
(2) Performance for periods less than one year is not annualized.
(3) The maximum sales charge for Class A Shares is 5.00%. Class A Share investors may be eligible for a reduction in sales charges.
(4) Inception date of the fund is December 27, 2017.
The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. The Fund's total annual operating expenses is 1.89% for Class A shares, 2.64% for Class C shares, and 1.64% for Class I shares. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. For performance information current to the most recent month-end, please call toll-free 877-779-7462.
The Donoghue Forlines Risk Managed Income Fund (FLOAX, FLOCX, FLOTX) (the fund) tracks a proprietary model identified in the Fund’s prospectus. It is a rules-based strategy that employs tactical overlays driven by multiple technical signals to determine whether the Fund will be in a bullish or defensive posture.
The Fund uses a short-term and an intermediate-term tactical overlay to determine whether to be in a bullish or defensive posture. Each tactical overlay will trigger 50% of the Fund into a defensive position, should market conditions warrant. When in a defensive position, the Fund will be invested in short-term U.S. Treasury ETFs.
When bullish, the Fund will direct investments into a selection of Floating Rate and High Yield mutual funds and ETFs. Additionally, when in a bullish posture, the Fund will rebalance holdings and reconstitute annually.holdings and reconstitute annually.
The Fund has the primary objective of maximizing total return from income and capital appreciation with the preservation of capital a secondary objective.
Where to Purchase
The Donoghue Forlines Dividend Fund will be available to purchase through the following:
- Charles Schwab
- Fidelity Investments
- National Financial Services
- TD Ameritrade
For the latest availability call: 1 (800) 642-4276.