Alpha Fiduciary Quantitative Strategy Fund (AFQSX)

Overview

The fund is designed to achieve its investment objective by focusing on a combination of exchange-traded funds (ETFs) and equity index futures. Utilizing a quantitative trend-following strategy, the fund primarily invests in S&P 500® Index ETF(s) along with equity index futures that offer long and/or short exposure to the equity markets. By identifying price trends in the equity markets using the S&P 500® Index as a reference, the fund's adviser executes its investment strategy. It is characterized by its non-diversified status, meaning it may concentrate its investments more than a diversified fund.

Products and Services

The fund offers two main types of investment vehicles:

• Exchange-Traded Funds (ETFs):

These funds are designed to track the performance of the S&P 500® Index, allowing investors to gain broad exposure to the equity markets through a single investment. ETFs are known for their liquidity, cost-efficiency, and transparency, making them a staple in the portfolios of many investors seeking to replicate the performance of major indices.

• Equity Index Futures:

These financial contracts oblige the fund to buy or sell an equity index at a predetermined future date and price. By trading equity index futures, the fund gains long and/or short exposure to the equity markets. This component of the fund's strategy is crucial for implementing the quantitative trend-following approach, allowing for the potential to benefit from both rising and falling market trends based on the S&P 500® reference index.