SBTAX – Westwood Broadmark Tactical Plus A Investment Strategy | Morningstar

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Strategy

The investment seeks to produce, in any market environment, above-average risk-adjusted returns and less downside volatility than the S&P 500 Index. The fund seeks to achieve its investment objective by investing primarily in a diversified portfolio of instruments that provide exposure to U.S. and non-U.S. equity securities. These instruments generally include futures and options on securities, securities indices and shares of exchange-traded funds ("ETFs").

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BTPIX	Westwood Broadmark Tactical Plus Fund F Class Shares	Institutional	Open			Dec 31, 2012	$31.19M	1.170%	Average	$0	−$187,575.65
SBTIX	Westwood Broadmark Tactical Plus Fund Institutional Shares	Institutional	Open			Dec 15, 2014	$31.32M	1.480%	Above Average	$100,000	$1.36M
SBTAX	Westwood Broadmark Tactical Plus Fund A Class Shares	Front Load	Open			Dec 15, 2014	$338,941.00	1.730%	Above Average	$1,000	−$152,177.76

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