Westwood Broadmark Tactical Growth Fund A Class (FTAGX)

Overview

The described fund is an investment entity primarily focused on allocating its assets in the energy sector, specifically targeting Master Limited Partnerships (MLPs) and Energy Infrastructure Companies. It aims to achieve its investment objective by committing at least 80% of its net assets, along with any borrowed funds for investment purposes, into securities associated with its target industries. This fund operates on a non-diversified basis, meaning it may invest a larger portion of its assets in fewer issuers than a diversified fund, potentially increasing the risk and volatility of its portfolio.

Products and Services

• Equity Investments in MLPs and Energy Infrastructure Companies

  This product focuses on investing in various types of equity securities related to the energy sector. These include common units, which represent a proportional ownership in an MLP and provide the holders with a share in the MLP's income, losses, and distributions. Preferred units, which have preference over common units in terms of distributions and often feature a fixed distribution rate, are also a key investment. Additionally, the fund invests in subordinated units, which are similar to common units but receive distributions only after priority units have been paid. General partner interests, which entail an ownership stake in the MLP's general partner and typically carry significant control and incentive rights, are another area of focus. Lastly, investments may also include common and preferred shares in Energy Infrastructure Companies, providing diversified exposure to the equity of companies involved in the infrastructure critical to the energy sector.