(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) tracks the W.E. Donoghue Floating Rate Index (PWRFLXTR), a rules-based index. The index will direct investments into a selection of floating rate mutual funds/ ETFs and High Yield Bond ETFs, when in a bullish position. When in a defensive position, the index will be invested in short-term Treasuries. The index employs a short and intermediate term tactical overlay to determine whether to be in a bullish or defensive posture. Each tactical overlay will trigger 50% of the index into a defensive position, should market conditions warrant. When in a bullish posture, the index and portfolio will rebalance holdings quarterly and re-constitute annually.
Investment Objectives: The Donoghue Forlines Risk Managed Income Fund’s (the “Fund”) primary investment objective is total return from income and capital appreciation with capital preservation as 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.