Long/Short Strategy

Review our monthly commentary for background on our long/short fund’s current position and its full performance to date.

Browse our additional investment documents for more detail on the fund’s objective, strategy and key features.

Performance as of 07/25/2017

Class Ticker 3M YTD 1Y 1Y
06/30/2017
SINCE INCEP
07/25/2017
SINCE INCEP
06/30/2017
A (NAV) LONAX 3.27% 10.36% 11.06% 7.56% 7.25% 5.92%
A (Max Load)** LONAX -2.66% 3.97% 4.72% 1.37% 3.41% 1.96%
I (NAV) LONGX 3.28% 10.52% 11.26% 7.97% 5.90% 5.01%

**Inclusive of maximum sales load of 5.75%.

PERFORMANCE DISCLOSURE: Total annual operating expenses for the Longboard Long/Short Fund are 2.99% and 3.24% for Class I and A, respectively. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Past performance is no guarantee of future results. For performance information current to the most recent month-end, please call toll-free 855-294-7540.

Portfolio holdings are subject to change at any time and should not be considered investment advice.