Absolute Capital Defender Fund Class A (ACMAX)

Overview

The fund is designed to provide investors with a diversified investment solution, spanning various asset classes and geographical regions. It aims to achieve its investment objective by engaging in a mixed strategy that includes direct investments and investments through a range of other investment vehicles like mutual funds, exchange traded funds (ETFs), and closed-end funds. This approach allows the fund to tap into a wide spectrum of opportunities, from fixed income securities and equity securities across different markets and sectors, to cash and cash equivalents, as well as exchange traded notes (ETNs). By encompassing both domestic and foreign markets, including emerging markets, and being open to investments of any maturity or credit quality, including high-yield "junk bonds," the fund offers a comprehensive investment solution designed for broad market exposure and diversification.

Products and Services

• Fixed Income Securities

  Investments in fixed income securities, irrespective of their maturity or credit quality, constitute a key component of the fund's strategies. This includes bonds ranked as "junk," offering potentially higher yields in exchange for higher risk.

• Equity Securities

  The fund invests in equity securities of companies of any market capitalization. This strategy aims to capitalize on the growth potential of various companies, from large, well-established firms to small, emerging ones, across the global market landscape.

• Cash and Cash Equivalents

  Maintaining a portion of the fund's assets in cash or cash equivalents enables flexibility, providing liquidity to react to market opportunities or to safeguard against potential market downturns. This approach supports the fund's risk management strategy.

• Exchange Traded Funds (ETFs) and Closed-end Funds

  By investing in ETFs and closed-end funds, the fund diversifies its investment portfolio across various asset classes and markets. ETFs, in particular, offer the added benefit of liquidity and lower costs, similar to stock investments, while closed-end funds can offer exposure to a wide array of strategies and assets.

• Exchange Traded Notes (ETNs)

  Investment in ETNs allows the fund to gain exposure to a variety of assets and strategies without directly owning the underlying assets. ETNs can serve as a tool for accessing niche markets and complex strategies with relative ease.