Overview
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.
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2335-NLD-4/27/2021
