Longboard Fund Class I (LONGX)

Overview

The described fund operates with a clear investment objective that encompasses three principal strategies: Equity Strategy, Futures Strategy, and Fixed Income Strategy. It aims to achieve its investment targets by dynamically allocating assets among these strategies, guided by an asset allocation model. This model strives to maintain investment exposures that are generally equivalent to a 60% stocks and 40% bonds mix, benchmarked against the Morningstar Moderate Target Risk Index. However, the fund’s adviser has the discretion to modify these allocations based on market conditions. This approach allows for flexibility in responding to financial market fluctuations, aiming to optimize returns for investors while managing risk.

Products and Services

The fund offers a comprehensive investment solution through the following strategies:

• Equity Strategy: This strategy focuses on investing in a diversified portfolio of equities. It aims to capture growth by investing in stocks across a range of industries and geographies, thereby offering potential for significant returns over the long term. The equity strategy is designed for investors looking to benefit from stock market growth while managing risk through diversification.
• Futures Strategy: Through the Futures Strategy, the fund invests in futures contracts across various asset classes, including commodities, currencies, and interest rates. This strategy aims to profit from changes in market prices and conditions, offering a layer of diversification beyond traditional stocks and bonds. Futures can enhance the portfolio's return potential and help in hedging against market volatility.
• Fixed Income Strategy: The Fixed Income Strategy involves investing in a range of debt securities, such as government bonds, corporate bonds, and other fixed income instruments. This strategy seeks to provide investors with steady income streams while aiming to preserve capital. It is well-suited for those seeking lower risk exposure and a more stable investment return compared to stocks.