The Ascendant Balanced Fund is a mutual fund providing investors a tactically managed, diversified portfolio which combines our MultiCap Equity Strategy with our Fixed Income Composite Portfolio. This strategy may be suitable for investors who are focused on long term total return and are looking for dynamic asset allocation. At times Ascendant shifts the asset mix of the Balanced Portfolios in response to the changing market conditions.
The Ascendant MultiCap Fund is a mutual fund that aims for risk adjusted returns versus the S&P 1500 over multiple market cycles. It is a broadly diversified portfolio typically consisting of 80 -120 positions comprised of holdings from the firm’s four single equity strategies; Large Cap, Small-Mid Cap, Equity Income and Natural Resources. The Investment Committee directs the allocation to the four underlying products based upon objective research and both current and expected market conditions.
The Patriot Fund is a large cap domestic equity portfolio that attempts to provide long-term capital appreciation while maintaining a ‘terror-free’ investment mandate. The portfolio typically holds 30-40 securities, focused on companies in the natural resources industries including oil & gas, precious metals, agriculture, timber and other "hard asset" commodities. We buy the stocks with the most attractive valuations and expected performance based upon our proprietary, quantitative research process.
The Patriot Fund is a terror-free investment portfolio of U.S. large cap equity securities that aims for superior risk adjusted returns versus the S&P 500 over multiple market cycles. The Patriot Fund was created to give individual investors the same opportunity to divest their portfolios of companies operating in nations designated as state sponsors of terrorism that institutions have had for years. The Advisor believes that divestment, in addition to being a patriotic act, can help minimize global security risk in a portfolio. Global security risk is the risk to shareholder value and corporate reputation stemming from the intersection of a publicly traded company’s international business activities and security-related concerns, such as terrorism.
*Each mutual fund is registered with the SEC as an open-end investment company under the Investment Company Act of 1940.
Prospectus Disclosure:
Investors should carefully consider the investment objectives, risks, charges and expenses of the Ascendant Funds. This and other important information about the Funds are contained in the prospectus, which can be obtained at http://www.ascendantfunds.com or by calling 855-527-2363. The prospectus should be read carefully before investing. The Ascendant Funds are distributed by Northern Lights Distributors, LLC, member FINRA. Ascendant Advisors, LLC is not affiliated with Northern Lights Distributors, LLC.
Risk Disclosure:
Mutual Funds involve risk including the possible loss of principal. The Fund’s investments in convertible securities subject the Fund to the risks associated with both fixed-income securities and common stocks. There is a risk that issuers and counterparties will not make payments on securities and other investments held by the Fund, resulting in losses to the Fund. Investments in foreign securities could subject the Fund to greater risks including, currency fluctuation, economic conditions, and different governmental and accounting standards. In general, the price of a fixed income security falls when interest rates rise. The Fund’s adviser has not previously managed a mutual fund. Investments in underlying funds that own small and mid-capitalization companies may be more vulnerable than larger, more established organizations. The Fund’s exposure to companies primarily engaged in the natural resource markets may subject the Fund to greater volatility than investments in a wider variety of industries. A higher turnover may indicate higher transaction costs and could result in higher taxes when Fund shares are held in a taxable account. Because the adviser screens out Terror Nations-related issuers, this will reduce the number of potential investments available to the Fund and the Fund may not perform as well as unrestricted funds.
There is no assurance that the Fund will achieve its objectives, generate positive returns, or avoid losses.