Sierra Tactical Core Income Fund Class A (SSIZX)

Overview

The fund operates as a "fund of funds," employing a strategy aiming to meet its investment objectives through investment in other investment vehicles such as mutual funds and ETFs. The guiding principle behind this approach is to leverage the Adviser’s expertise in multi-asset diversification, structuring the fund’s investment portfolio to be broadly diversified. This is achieved through tactical allocations across a variety of underlying funds that span different asset classes and investment styles, all managed under the umbrella of the Adviser’s strategic investment framework.

Products and Services

The fund offers a comprehensive investment solution designed to cater to investors looking for diversified exposure across multiple asset classes through a single investment. Below are the products and services provided:

• Investment in Open-End Investment Companies (Mutual Funds)

  This service involves investing in a diversified portfolio of mutual funds, chosen for their potential to contribute to the fund’s overall investment strategy. These mutual funds are selected based on the Adviser’s analysis and are intended to provide exposure to a range of asset classes and investment styles.

• Investment in Exchange-Traded Funds (ETFs)

  Alongside mutual funds, the fund invests in ETFs to achieve its diversification objectives. ETFs offer the advantage of being tradable like stocks while also providing exposure to a broad or specialized segment of the market. This contributes to the fund's strategic asset allocation by including investments that can offer growth, income, or specific sector exposure as deemed fit by the Adviser.

• Multi-Asset Diversification Strategy

  At the heart of the fund’s investment approach is the Adviser’s multi-asset diversification strategy. This comprehensive strategy is designed to construct an investment portfolio that is diversified not only across asset classes but also in terms of investment strategies and geographical regions. The goal is to mitigate risk while striving to achieve consistent returns over the long term.