Trend Aggregation Dividend and Income Fund

Institutional Shares: TRDVX

Fund Objective

The Fund’s investment objective is to seek current income while maintaining a secondary emphasis on long-term capital appreciation and low volatility.

Principal Investment Strategy

The Fund seeks to achieve its investment objective by employing a tactical approach to obtain exposure to income-producing securities. The Fund invests in stocks of companies within the S&P 500 Index and expects to be invested primarily in large capitalization companies. The Fund’s investment advisor, Tuttle Tactical Management, LLC, utilizes a proprietary quantitative process to select companies for investment by the Fund, taking into consideration companies’ dividend growth, liquidity, sector diversity, and potential for capital appreciation in the near term. The Fund is actively managed and utilizes tactical models that seek to identify strong sectors to buy and weak sectors to sell, or strong sectors that appear overbought to sell and weak sectors that appear oversold to buy. Market sectors are also analyzed for divergences, which may signal major market turning points.

Fund Management

Investment Advisor: Tuttle Tactical Management, LLC

Matthew B. Tuttle

Founder, Chief Executive Officer and Chief investment officer of the advisor

Investment Information

Minimum Initial Investment:


Gross Expenses:


Minimum Subsequent Investment:


Net Expenses*:


Initial & Subsequent Investment Using Systematic Investment Program:


Management Fee:


* The Fund’s investment advisor, Tuttle Tactical Management, LLC (the “Advisor”) has contractually agreed to waive all or a portion of its management fee and/or reimburse certain operating expenses of the Fund to the extent necessary in order to limit the Fund’s total annual fund operating expenses (after the fee waivers and/or expense reimbursements, and exclusive of acquired fund fees and expenses, brokerage costs, interest, taxes and dividends, and extraordinary expenses) to not more than 1.50%, of the Institutional Shares daily net assets, respectively, through August 31, 2020.

Important Risk Disclosures

Mutual Funds involve risk including the possible loss of principal. The Fund is new and has a limited history of operations. Therefore, limited performance information is presented for the Fund at this time.

The value of a specific security can be more volatile than the market as a whole, and can perform differently from the value of the market as a whole. The portfolio manager’s judgments about the attractiveness, value and potential appreciation of particular stocks or other securities in which the Fund invests may prove to be incorrect and there is no guarantee that the portfolio manager’s judgment will produce the desired results.  Overall market risks may also affect the value of the Fund. Under certain market conditions the Fund may have significant investments in cash or cash equivalents.

The ETFs and securities in which the Fund invests are subject to additional fees and expenses which will be indirectly paid by the Fund. The Fund may also invest in leveraged and inverse ETFs whose performance over longer periods of time can differ significantly from the performance (or inverse of the performance) of their underlying index or benchmark during the same period.

Strategy Specific Risk Disclosure: Under normal market conditions, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in dividend and other income producing securities. Investors should consider the underlying funds’ investment objectives, risks, charges and expenses carefully before investing. The prospectus, which contains this and other important information, should be read carefully before investing. ETFs trade like stocks and may trade for less than their net asset value. The strategy also invests in individual equities. This strategy is subject to frequent trading and is subject to management risk and investor’s return and principal value of investment fluctuate, so that an investment, when liquidated, may be worth more or less than their original investment.

Past performance does not guarantee future results. It should not be assumed that investors will experience returns, if any, comparable to those shown here. Any investment can result in either profit or loss. Additionally, the performance of Tuttle Tactical Management portfolios should also be viewed in the context of the broad market and general economic conditions prevailing during the periods covered by the performance information. For clients investing in this strategy actual account performance and other data will vary depending on the size of an account, cash flows within an account, and client restrictions on an account; holdings are subject to change daily in this strategy; the U.S. Dollar is the currency used to express performance. The performance data was prepared by Tuttle Tactical Management and is not GIPS compliant and has not been compiled, reviewed or audited by an independent accountant.  

Prospectus Offering: Investors should carefully consider the investment objectives, risks, charges and expenses of the Trend Aggregation Dividend and Income Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained on this site or by calling 800-253-0412. The prospectus should be read carefully before investing. The Trend Aggregation Dividend and Income Fund is distributed by Northern Lights Distributors, LLC, member FINRA SIPC. Tuttle Tactical Management is not affiliated with Northern Lights Distributors, LLC.