Atlas U.S. Tactical Income Fund
Seeks to maximize total return, consistent with preservation of capital.
The Fund invests primarily in fixed-income securities, including U.S. government, mortgage-backed, and corporate debt securities and municipal obligations. Normally, at least 20% of the Fund’s assets must be invested solely in securities issued by Government National Mortgage Association (“GNMA” or “Ginnie Mae”), Federal National Mortgage Association (“FNMA” or “Fannie Mae”) and Federal Home Loan Mortgage Corporation (“FHLMC” or “Freddie Mac”) representing an interest in or guaranteed by mortgages on real property located in Puerto Rico. Under no circumstances will the Fund have the flexibility to invest in direct or indirect obligations of the Commonwealth of Puerto Rico or any of its instrumentalities.
The Fund normally will invest at least 80% of its assets in a diversified portfolio of fixed-income instruments of varying maturities, and normally will maintain an average portfolio duration of negative 3 years to plus 6 years.
The Fund will generally invest up to 20% of its total assets in large capitalization stocks mainly through the use of passive investments, such as exchange traded funds (“ETFs”).
The Fund is authorized to engage in leverage to increase amounts available for investment.
Why Invest in the Fund ?
Explicit prohibition to invest in Puerto Rico government and corporate entities
Helps retain tax benefits on income distributions and inheritance tax
Daily subscription and redemptions at net asset value
Diversified sources of income
Performance figures represent past performance. Past performance is not a guarantee or an indicator of future results. Current performance may be lower or higher than performance shown. Investment return and principal value will fluctuate, so that Fund shares may be worth more or less than their original cost when redeemed.
Investing involves risk, including loss of principal. The value of the fund's shares, when redeemed, may be worth more or less than their original cost. There is no guarantee that any investment strategy will achieve its objectives, generate profits or avoid losses. Investment in the Fund are subject to investment risks, including, without limitation investment and market risk, fixed-income securities risk, mortage-backed securities risk, exchanged-traded fund risk, leverage risk, low-rated and below investment grade securities risk, large-cap stock risk, cybersecurity risk, derivatives risk, credit quality risk, LIBOR risk, foreign exposure risk, restriction and loss of tax benefits risk, risk of repurchase and reverse and repurchase agreements, equity risk, management risk, portfolio turnover risk, and infectious disease risk.
This information is for use with concurrent or prior delivery of a fund propectus. Investors should consider the investment objective, risks, and charges and expenses of the Fund before investing. The prospectus contains this and other information about the Fund(s) and should be read carefully before investing. The prospectus may be obtained at https://wwww.atlas-am.com or calling 1(855)969-8440.
The Fund is distributed by Northern Lights Distributors, LLC, Memeber FINRA/SIPC.