A no-load mutual fund advised by Tatro Capital, LLC, the Tactical Appreciation Fund seeks growth of capital through a disciplined fundamental and technical approach of stock selection. While the Fund’s performance is benchmarked against the S&P 500 the Fund is not mandated to maintain a long-only bias* and may go short** individual stocks or ETFs when the adviser deems appropriate. Learn more about the Tactical Appreciation Fund and see our historical performance through our fact sheet.
* Long Position: The buying of a security such as a stock, commodity or currency, with the expectation that the asset will rise in value.
**Short Position: The sale of a borrowed security, commodity or currency with the expectation that the asset will fall in value.
There is no assurance that the Fund will achieve its investment objective. Emerging market countries may have relatively unstable governments, weaker economies, and less-developed legal systems with fewer security holder rights. ETF’s are subject to specific risks, depending on the nature of the underlying strategy of the fund. Investments in foreign securities could subject the Fund to greater risks including, currency fluctuation, economic conditions, and different governmental and accounting standards. Non-diversification risk, as the Fund may be more vulnerable to events affecting a single issuer. Investments in lesser-known, small and medium capitalization companies may be more vulnerable than larger, more established organizations.
Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges and expenses. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 877-395-5941. Please read the prospectus carefully before investing. The Tatro Capital Tactical Appreciation Fund is distributed by Northern Lights Distributors, LLC member FINRA. Tatro Capital, LLC is not affiliated with Northern Lights Distributors, LLC
Tatro Capital Tactical Appreciation Fund
c/o Gemini Fund Services, LLC
4020 South 147th St., Suite 2
Omaha, NE 68137
SYMBOL – TCTNX
CLASS – Investor
LOAD – No Load
Max Expense – 1.65%*
Minimum – $500.00
- Charles Schwab
- Morgan Keegan
* The total annual operating expense is 2.09%. The Fund’s adviser has contractually agreed to reduce its fees and to reimburse expenses, at least until July 31, 2012, to ensure that total annual fund operating expenses after fee waiver and/or reimbursement (exclusive of any taxes, leverage interest, borrowing interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, dividend expense on securities sold short, acquired fund fees and expenses or extraordinary expenses such as litigation) will not exceed 1.65% of average daily net assets.