NAV as of 9/19/2021

1 Day NAV Change as of 9/19/2021

NAV Total Return as of 9/19/2021

SHOW NAV TOTAL RETURN INFO +

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

RESOURCES

OverviewBack To Top

INVESTMENT OBJECTIVES

The Sierra Tactical Risk Spectrum 50 Fund aims to provide investors a globally unconstrained, tactically managed, balanced portfolio that averages 30% to 50% in equities over a three-year period. Utilizing Sierra’s proprietary investment disciplines, the Fund’s portfolio will be constructed by quantitatively analyzing mutual funds and ETFs to identify those that exhibit the most attractive positive trends for purchase. In times of elevated market volatility, the strategy has the ability to hold up to 100% cash, as needed. Sierra has utilized these disciplines for constructing portfolios for more than 30 years.

PROFILE

Experienced Investment Team
Managed by an investment team with more than 70 years of collective experience managing private accounts in the same investment style.

Well-Proven Risk Limiting Discipline
Trailing stops are manually implemented under every individual holding, and are manually reviewed daily, in order to moderate any sustained losses to the portfolio.

Access to Institutional Money Managers
By utilizing multiple leading institutional money managers, Sierra provides another level of broad diversification and expertise in their investment styles.

Asset AllocationsBack To Top

Portfolio holdings are subject to change, vary over time and should not be considered a recommendation to buy any individual security.

MONTHLY ALLOCATION BREAKDOWN


HISTORICAL ALLOCATION BREAKDOWN

to

Top 10 HoldingsBack To Top

AS OF

Portfolio holdings are subject to change, vary over time and should not be considered a recommendation to buy an individual security.

PerformanceBack To Top

PERFORMANCE THROUGH 9/19/2021

NAV
NAV DAILY CHANGE
% DAILY CHANGE
% YTD RETURN

ANNUAL RETURN THROUGH

Total Annual Operating Expenses are 2.33%, Total Annual Fund Operating Expenses after Fee Waiver Reimbursement are 2.25%; Font-End Sales Charge (commission or “load”) of 5.75%, with lower rates for accounts over $50,000; 12b-1 distribution fee which can be up to 0.25% each year.

Total Annual Operating Expenses are 3.08% Total Annual Fund Operating Expenses after Fee Waiver and Reimbursement are 3.00%; no Sales Charge (commission or "load"); 12b-1 distribution fee which can be up to 1.00% per year.

Total Annual Operating Expenses are 2.48% Total Annual Fund Operating Expenses after Fee Waiver and Reimbursement are 2.40%; no Sales Charge (commission or "load"); 12b-1 distribution fee which can be up to 0.40% per year.

Total Annual Operating Expenses are 2.08%, Total Annual Fund Operating Expenses after Fee Waiver and Reimbursement are 2.00%; no Sales Charge (commission or "load") or 12b-1 distribution 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 Risk Spectrum 50 Fund Instl Class is May 26, 2021.

NOTE: The Total Annual Operating Expenses include expenses of the underlying funds, which are estimated at 0.69% per year.

The Fund's investment adviser has voluntarily contracted to reduce its fees and/or absorb expenses until at least January 31. 2023 to limit expenses borne by the shareholder.

ResourcesBack To Top

Sierra Tactical Risk Spectrum 50 Fund Summary Prospectus

Sierra Tactical Risk Spectrum 50 Fund Prospectus

Have an Account?

Sign in to Account

New to Sierra?

Create an Account

To access our exclusive content for Investment Professionals, please provide a business email address.