(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 2.26% for Class A shares, 3.01% for Class C shares, and 2.01% 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 Dividend Mid-Cap Fund (DMCAX, DMCCX, DMCIX) tracks the W.E. Donoghue Power Dividend Mid-Cap Index (PWRMDXTR), a rules-based index. The index will direct investments into 50 stocks. The index employs an intermediate-term tactical overlay to determine whether to be in a bullish or defensive posture.
The tactical overlay will shift the assets to short-term Treasuries based upon technical analysis, should market conditions warrant. When in a bullish posture, the index methodology selects 50 stocks derived from eleven sectors, and selection is based on the highest dividend yields as of the last trading day of May. The index is cap weighted into the following eleven sectors: Consumer Discretionary, Consumer Staples, Energy, Financials, Healthcare, Industrials, Information Technology, Materials, Communication Services, REITs and Utilities. The index will carry a minimum 4% weight and a maximum 20% weight to each sector.
When in a defensive position, the index will be invested in short-term Treasuries. When in a bullish posture, the index and portfolio will rebalance holdings quarterly and re-constitute annually.
Investment Objectives: The Donoghue Forlines Dividend Mid-Cap Fund’s (the “Fund”) primary investment objective is to maximize total return from income and capital appreciation with the preservation of capital 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.