NAV as of 12/8/2023
1 Day NAV Change as of 12/8/2023
NAV Total Return as of 12/8/2023
YTD (year to date) is a period, starting from the beginning of the current calendar year, and continuing up to the prior day's close.
YTD (year to date) is a period, starting from the beginning of the current calendar year, and continuing up to the prior day's close.
OVERVIEW
ASSET ALLOCATIONS
HOLDINGS
PERFORMANCE
DISTRIBUTIONS
RESOURCES
The Fund’s two investment objectives are to provide long-term total return (the combination of yield and net price gains from the Underlying Funds) and to limit volatility and downside risk.
Our Portfolio Managers analyze and allocate portions of the fund’s portfolio to a wide range of income-oriented asset classes. Each decision must serve one or both of the fund’s two goals: to enhance total return and/or to reduce the overall volatility and downside risk of the portfolio.
The Sierra Tactical All Asset Fund seeks to pay a quarterly dividend to its shareholders.
Disciplined Risk Management
We believe in disciplined risk management. This includes a tactical approach, rules-based decisions, consistency, and a focus on limiting drawdowns.
A Tactical, Rules-Based Investment Process
Our process includes a focus on trend following, broad asset-class diversification, securities exhibiting strong risk-adjusted returns, trailing stops to limit drawdowns, and the ability to move to 100% cash.
Team-Based Portfolio Management
Our investment management team has a combined 160 years of experience. All of our managers convene every day to review every asset class and every holding.
Allocations are subject to change.
Allocations are subject to change.
Portfolio holdings are subject to change, vary over time and should not be considered a recommendation to buy an individual security.
| NAV | |
|---|---|
| NAV DAILY CHANGE | |
| % DAILY CHANGE | |
| % YTD RETURN |
Total Annual Operating Expenses are 2.26%; Front-End Sales Charge (commission or "load") of 3.75%, with lower rates for accounts over $250,000; 12b-1 distribution fee which can be up to 0.25% per year.
Total Annual Operating Expenses are 2.41%; Front-End Sales Charge (commission or "load") of 3.75%, with lower rates for accounts over $250,000; 12b-1 distribution fee which can be up to 0.40% per year.
Total Annual Operating Expenses are 3.01%; no Sales Charge (commission or "load"); 12b-1 distribution fee which can be up to 1.00% per year.
Total Annual Operating Expenses are 2.26%; no Sales Charge (commission or "load"); 12b-1 distribution fee which can be up to 0.40% per year.
Total Annual Operating Expenses are 2.41%; no Sales Charge (commission or "load"); 12b-1 distribution fee which can be up to 0.25% per year.
Total Annual Operating Expenses are 2.01%; no Sales Charge (commission or "load") or 12b-1 fee.
The performance presented above is net of the maximum sales charge ("load") for the respective share class.
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. For performance information current to the most recent month-end, please call toll-free 1-866-738-4363 (1-866-RETI-FND).
(1) Represents the percentage increase/decrease in the net asset value from the prior trading day.
(2) Performance for periods of less than one year is not annualized.
(3) The inception date of the Sierra Tactical All Asset Fund Class A is December 24, 2007.
Note: The Total Annual Operating Expenses include expenses of the underlying funds, which are estimated at 0.56% per year.
Record Date: The date the distribution amount is declared.
Ex-Date / Pay Date: The date the distribution is paid to investors.
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