Meeder Tactical Income Fund Retail Class (FLBDX)

Overview

The fund is designed for investors looking for a diversified investment approach primarily in fixed income securities, with a strategy that also includes a mix of equity securities to potentially enhance returns. It focuses on investing a significant portion of its assets in a variety of fixed income instruments through mutual and exchange-traded funds, both domestically and internationally. The flexibility to invest in fixed income securities of any duration allows the fund to adapt to changing market conditions. Additionally, the use of derivative investments to gain exposure to fixed income securities provides further diversification and potential for returns. Equity investments, including preferred stocks, convertible securities, common stocks, and REITs, comprise up to 20% of its net assets, offering growth opportunities beyond traditional fixed income investments.

Products and Services

• Fixed Income Securities

  The fund allocates the majority of its assets to fixed income securities by investing in mutual and exchange-traded funds. This approach targets domestic and international bonds, providing a stable foundation for the portfolio with the potential for income generation through interest payments. The variety in bond durations and geographies aims to mitigate risk while seeking to capitalize on opportunities across global fixed income markets.

• Derivative Investments

  Derivative investments are utilized to gain exposure to fixed income securities without directly owning them. These financial instruments can help in managing risk, enhancing returns, and achieving greater diversification within the fund's fixed income allocation. Derivatives can include futures, options, and swap contracts, which are employed strategically to complement the fund's direct investments.

• Equity Securities

  Up to 20% of the fund’s net assets may be invested in equity securities, which include preferred stocks, convertible securities, common stocks, and real estate investment trusts (REITs). This segment of the portfolio aims to provide growth potential and diversification beyond fixed income investments. Equity investments can offer dividends, capital appreciation, and a hedge against inflation, contributing to the overall performance of the fund.