Altegris Futures Evolution Strategy Fund Class A (EVOAX)

Overview

The investment strategy of the fund is structured to provide investors with exposure to both Managed Futures and Fixed Income strategies. Managed Futures involve entering into futures contracts in various asset classes such as commodities, currencies, and equity indices, aiming to profit from trends in these markets. Fixed Income strategies involve investing in bonds or other debt securities to generate returns primarily through interest income and capital appreciation. The fund's allocation models are designed to dynamically adjust the exposure between these two strategies based on the current market environment and investment outlook, with a typical allocation of 15-25% of its assets to Managed Futures and 60-80% to Fixed Income strategies. This diversified approach is intended to achieve a balance between growth potential and risk management, making it a suitable option for investors seeking a mix of growth and income in their portfolios.

Products and Services

• Managed Futures Strategy

This strategy involves investing a portion of the fund's assets into futures contracts across various sectors such as commodities, currencies, and equity indices. Managed Futures strategies aim to capitalize on market trends and volatility to generate returns. The fund typically allocates 15-25% of its total net assets to this strategy, using these investments and/or as collateral to gain exposure to the futures markets. This approach is designed to benefit from both rising and falling market trends, contributing to the fund's overall risk management and return potential.

• Fixed Income Strategy

The Fixed Income strategy constitutes the larger portion of the fund's investment, with typically 60-80% of its assets allocated to this approach. This strategy focuses on investing in a diversified portfolio of bonds and other debt securities, seeking to generate returns through interest income and potential price appreciation. The investments within this strategy are carefully selected based on credit quality, duration, and yield characteristics to achieve a balance between risk and return. The Fixed Income strategy aims to provide the fund with a stable income stream and lower overall volatility compared to equity investments, making it a crucial component of the fund's investment objective.