Absolute Capital Asset Allocator Fund Institutional Class (AAMIX)

Overview

The fund described focuses on achieving its investment objective by engaging in a broad and diversified approach. It commits to investing both directly and indirectly, utilizing a range of investment vehicles such as other investment companies, mutual funds, exchange-traded funds (ETFs), and closed-end funds. This comprehensive strategy allows the fund to explore various asset classes across domestic and international markets, including emerging markets. The fund's portfolio comprises fixed income securities of any maturity or credit quality, including high-yield "junk" bonds, as well as equity securities across all market capitalizations. Additionally, it encompasses investments in exchange-traded notes (ETNs), providing a wide spectrum of investment opportunities designed to cater to various investor needs and risk tolerances.

Products and Services

• Direct Investments:

The fund actively engages in direct investments across a diverse range of asset classes. This includes acquiring fixed income securities, which can vary in maturity and credit quality, from stable, investment-grade bonds to high-yield, higher-risk "junk" bonds. Additionally, it seeks out equity securities of companies with varying market capitalizations, including large-cap, mid-cap, and small-cap firms, allowing for a well-rounded equity portfolio.

• Investments through Underlying Funds:

To achieve broader diversification and exposure, the fund invests in underlying funds, which include mutual funds, ETFs, and closed-end funds. This method enables the fund to tap into a wide array of domestic and international markets, including emerging markets that may offer higher growth potential. Investing through underlying funds allows for a more manageable approach to accessing complex markets or sectors that require specialized knowledge.

• Exchange Traded Notes (ETNs):

Part of the fund's strategy includes investment in exchange-traded notes (ETNs), financial instruments that are designed to provide investors with access to the returns of various market benchmarks or strategies, minus the costs of owning the physical securities. ETNs can offer exposure to a range of asset classes, including commodities, currencies, or market indexes, thus complementing the fund's diversified investment approach.