SHIEX – Catalyst Buffered Shield Fund A Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing in put and call options on exchange traded funds (“ETFs”) that track the S&P 500 Index (“Index ETFs”), and in fixed income securities. Using a combination of put and call options on index ETFs, the fund's investment sub-advisor, Exceed Advisory LLC initially executes the equity options strategy by seeking to provide an investment vehicle that limits losses to 12.5% when the index declines in value, and to participate in increases in the index up to approximately 15%.

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
SHIIX	Catalyst Buffered Shield Fund Class I	Institutional	Open			Apr 14, 2015	$11.13M	1.300%	Average	$2,500	−$1.10M
SHIEX	Catalyst Buffered Shield Fund Class A	Front Load	Open			Apr 14, 2015	$4.81M	1.550%	Average	$2,500	−$703,997.58
SHINX	Catalyst Buffered Shield Fund Class C	Level Load	Open			Sep 5, 2017	$2.28M	2.300%	Average	$2,500	−$665,905.28

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