Multi-Asset Trend Fund
The Fund’s investment objective is to seek total return (capital appreciation and current income) which exceeds the total return of its benchmark index over a full market cycle.
The Fund will seek to use derivatives, or a combination of derivatives and direct investments, to provide a return, with respect to that portion of the Fund’s portfolio (before fees and expenses) that approximates the performance of the BNP Paribas Multi-Asset Trend Index (the “index”). The Fund will invest in a portfolio of debt securities to seek to provide additional long term total return.
Maintain a core portfolio of debt instruments that focuses on global fixed income sector rotation while simultaneously obtaining exposure to a diverse multi asset class trend following strategy via the Index The Index seeks investment exposure to trends in price movements of a broad universe of assets across different markets, including global equities, sovereign bonds and other debt securities, interest rates, currencies and commodities.
Retail and Institutional Class
No Load Mutual Fund
|Retail N-share||Inst. I-share|
|Min IRA Investment||$500||$5,000|
|Gross Expense Ratio||1.10%||0.85%|
|Net Expense Ratio||0.90%1||0.65%1|
|Benchmark||Credit Suisse Managed Futures
Liquid Total Return USD Index
|Fund Inception Date||2/26/2021|
- The Adviser has contractually agreed to waive fees and reimburse expenses through February 26, 2023.
Broadly Diversified Investment Universe: 58 Underlying Markets
• Transparent and representative of a market
• Operationa l effectiveness: utilize futures for leveraging and shorting
• Large markets with significant daily liquidity
• Cost efficiency
1 Market fluctuations may preclude full $1 for $1 exposure between the swaps and the fixed income portfolio.
2 Investor receives 100% gross exposure to both the BNP Paribas Multi Trend Index and the DoubleLine Actively Managed Fixed Income Portfolio.
BNP Paribas Multi Asset Trend Index: The 3 Methodology Steps
|TSX 60 – Toronto Stock Exchange 60||
BTP 10Y – 10-Year BTP
|AEX – Amsterdam Exchange Index||
CAD 10Y – Ten Year Government of Canada Bond
|CAC 40 – Cotation Assistée en Continu 40||DBR 2Y – Schatz|
|DAX – Deutsche Boerse AG||DBR 5Y – Bobl|
|FTSE MIB – FTSE Milano Indice di Borsa||DBR 10Y – Bund|
|SMI – Swiss Market Index||DBR 30Y – Buxl|
|OMX – Stockholm 30 Index||JGB 10Y – 10-Year Japanese Government Bond|
|ASX SPI 200 – S&P/ASX 200||OAT 10Y – 10-Year OAT|
|HSCEI – Hong Kong Stock Exchange Hang Seng China Enterprises Index||UKT – Long – Long Gilt|
|HSI – Hong Kong Hang Seng Index||UST 2Y – 2-Year US Treasury Note|
|MSCI EM – MSCI Emerging Markets Index||UST 5Y – 5-Year US Treasury Note|
|TOPIX – Tokyo Stock Price Index||UST 10Y – 10-Year US Treasury Note|
|KOSPI – Korean Stock Exchange||UST 30Y – US Treasury Bond Futures|
|EUR 5Y IG – Markit Itraxx Europe Main Index||Brent Crude Oil – Futures Contract for Brent Crude Oil|
|EUR 5Y HY – ITraxx Europe Crossover Index||WTI Crude Oil – Futures Contract for West Texas Intermediate Crude Oil|
|US 5Y IG – Markit CDX North America Investment Grade Index||Gas Oil – Futures Contract for Gas Oil|
|US 5Y HY – Markit CDX North America High Yield Index||Heating Oil – Futures Contract for Heating Oil|
|AUD – Australian Dollar (AUD)||Unleaded Gas – Futures Contract for Unleaded Gasoline|
|CAD – Canadian Dollar (CAD)||Natural Gas – Futures Contract for Natural Gas|
|CHF – Swiss Franc (CHF)||Aluminum – Futures Contract for London Metal Exchange Aluminum|
|EUR – European Euro (EUR)||Copper – Futures Contract for U.S. High Grade Copper|
|GBP – British Pound (GBP)||Lead – Futures Contract for London Metal Exchange Lead|
|JPY – Japanese Yen (JPY)||Nickel – Futures Contract for London Metal Exchange Nickel|
|NZD – New Zealand Dollar (NZD)||Zinc – Futures Contract for London Metal Exchange Zinc|
|AUD 3Y – 3-Year Australian Treasury Bond||Gold – Futures Contract for Gold|
|AUD 10Y – 10-Year Australian Treasury Bond||Silver – Futures Contract for Silver|
It is not possible to invest directly in an index.