(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 Class A & I shares is September 14, 2010 and November 25, 2014 for Class C.
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 2.08% for Class A shares, 2.83% for Class C shares, and 1.83% 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 Power Income Fund investment process combines a tactical and strategic top-down macro approach to asset allocation with a global orientation. The fund invests in ETFs across three asset classes - equities, fixed income and alternatives by taking a long-term secular view with tactical positioning during the shorter-term business and credit cycles. The strategy can hold sovereign and corporate bonds denominated in both US dollar and foreign currency terms. Additionally, up 20% of the portfolio can be allocated to US and foreign equities, and up to 40% can be allocated to alternative asset classes. The strategy utilizes long-term macroeconomic and geopolitical variables to analyze the effects on currencies and interest rates. The fund's objective is linked to the performance of global fixed income markets and, to a lesser extent, equity, currency, and alternative markets.
Investment Objectives: The Power Income Fund’s primary investment objective is total return from income and capital appreciation with capital preservation as a secondary objective.
Where to Purchase
The Power Income 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.