Altegris Futures Evolution Strategy Fund Class I (EVOIX)

Overview

The fund is an investment entity that aims to achieve its investment objective by employing a diversified strategy, which includes allocating its assets between Managed Futures and Fixed Income strategies. By blending these two strategies, the fund seeks to maintain a balanced approach to investment, catering to different investor profiles and market conditions. The Managed Futures strategy involves investing in futures contracts on commodities, currencies, interest rates, and equity indices, aiming to profit from trends and changes in market prices. On the other hand, the Fixed Income strategy focuses on investing in various fixed income securities, such as bonds and other debt instruments, to generate stable income and provide a cushion against market volatility. The fund's allocation between these strategies is dynamically managed based on the prevailing market conditions and future outlook, with a typical distribution of 15-25% in Managed Futures and 60-80% in Fixed Income strategies.

Products and Services

• Managed Futures Strategy

This strategy involves an allocation of typically 15-25% of the fund's total net assets. Managed Futures are financial derivatives contracts on physical commodities, currencies, interest rates, and equity indices. This strategy aims to capitalize on the momentum and trends within the futures market. The investments can act as a form of portfolio diversification, potentially lowering the overall risk and enhancing returns, particularly during volatile market phases. Assets invested in this strategy may also be used as collateral for gaining exposure to these futures contracts, providing a leveraged position to enhance potential returns.

• Fixed Income Strategy

With a typical allocation of 60-80% of the fund's total net assets, the Fixed Income strategy focuses on investing in a variety of debt securities. These can range from government bonds, corporate bonds, to other types of fixed income instruments. The primary objective of this strategy is to generate steady income for the fund's investors, contributing to the overall stability and predictability of returns. Fixed Income investments are generally considered less risky compared to equities, making them an attractive option for conservative investors or as a balance to higher-risk investments within a diversified portfolio.