Spectrum Unconstrained Fund Investor Class (SUNBX)

Overview

The fund represents a comprehensive investment solution focused on optimizing returns through a diversified portfolio. It primarily targets fixed income exchange-traded funds (ETFs) and mutual funds, covering a wide spectrum from investment-grade to non-investment-grade fixed income securities. The flexibility in investment choices extends to preferred stocks and various derivative instruments. By not setting restrictions on issuer type, country, capitalization, credit quality, or maturity, the fund aims to harness opportunities across global financial markets, including volatile environments like emerging markets. The overarching goal is to achieve a balanced risk-reward ratio by spreading investments across different assets and regions.

Products and Services

• Fixed Income ETFs and Mutual Funds

  These products form the core of the portfolio, focusing on securities that have a fixed return over time. They include both investment-grade securities, which have a lower risk of default, and non-investment grade securities, which offer higher yields at a higher risk. This blend aims to strike a balance between safety and profitability.

• Preferred Stocks

  As part of its diversified investment strategy, the fund allocates a portion of its resources to preferred stocks. These stocks combine features of both equity and debt securities, offering potential for higher dividends than common stocks and prioritization over common stock in asset liquidation, albeit with limited voting rights.

• Derivative Instruments

  Direct investments in derivatives, as well as investments through ETFs and mutual funds that hold derivatives, are integral to the fund's strategy. Derivatives are used to hedge risks or speculate on various financial outcomes, enhancing the fund's flexibility to respond to market changes and opportunities.

• Global and Emerging Market Investments

  The fund actively seeks opportunities beyond domestic markets by investing in ETFs and mutual funds that operate in foreign and emerging markets. This wide-reaching investment approach is designed to capitalize on the growth potential of developing economies and diversify the investment portfolio geographically, reducing location-specific risks.