UNAVX – USA Mutuals All Seasons Institutional Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation in all economic cycles. The fund, a diversified investment company, pursues its investment objective by employing a discretionary trading strategy which attempts to tactically allocate exposure levels in the U.S. stock market. Primarily, the Adviser invests the portfolio in long and short equity stock index futures,; however, the Adviser may also invest in stock index futures listed on other equity exchanges.

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
UNAVX	USA Mutuals All Seasons Fund Class Institutional	Institutional	Open			Oct 13, 2017	$9.36M	2.260%	High	$2,000	−$7.78M

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