All Seasons Fund (UNAVX) Receives 5-Star Morningstar Rating

USA MUTUALS ADVISORS, INC.

The legacy of USA Mutuals is, and will continue to be, rooted in the satisfaction of the thousands of investors we’ve had the privilege to serve. Their expectations are our expectations. Their success is our success. Yes, it can, and should be, that simple
Our simple mandate: Create an environment in which the company’s goals and expectations are truly aligned with our investors.
mobile logo

Blog

USA Mutuals / Media  / All Seasons Fund (UNAVX) Receives 5-Star Morningstar Rating

All Seasons Fund (UNAVX) Receives 5-Star Morningstar Rating

by USA Mutuals News Share
Media
April 10, 2023

All Seasons Fund (UNAVX) Receives 5-Star Morningstar Rating

DALLAS, TX, USA, April 10, 2023/EINPresswire.com/ — *BREAKING MUTUAL FUND NEWS*

On April 4, 2023, the USA Mutuals All Seasons Fund (symbol: UNAVX) was designated an overall FIVE-STAR Fund in Morningstar’s Equity Market Neutral Category (out of 33 Equity Market Neutral funds) from its inception on October 13th, 2017 to March 31, 2023, based on risk-adjusted return.

Morningstar uses this step to calculate this rating:

1) Morningstar Risk-Adjusted Return: Adjust Morningstar Return for risk to get MRAR. Morningstar Risk is then calculated as the difference between Morningstar Return and Morningstar Risk-Adjusted Return.

The All Seasons Fund seeks capital appreciation and capital preservation with lower volatility throughout market cycles – highly correlated with the Standard & Poor’s (“S&P”) 500® Index in bull markets, and less or negatively correlated in bear markets.

Visit our website for more information: https://www.USAMutuals.com/all-seasons-fund/

HOW TO INVEST:

The All Seasons Fund (symbol, UNAVX) is available on many self-directed platforms, including Schwab, Fidelity, and Pershing. You may purchase shares through brokers, financial advisors, or other financial intermediaries that distribute the funds. Search for symbol: UNAVX with your custodian to invest.

You may also purchase USA Mutuals Funds directly with us. Please call our shareholder services team at 1.866.264.8783 with any questions on purchasing options. To learn more about how to invest, click here: https://www.USAMutuals.com/how-to-invest/

_____________

IMPORTANT RISK INFORMATION:

INVESTORS SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES CAREFULLY BEFORE INVESTING. FOR A PROSPECTUS OR SUMMARY PROSPECTUS WITH THIS AND OTHER INFORMATION ABOUT THE FUND, PLEASE CALL 1-800-MUTUALS OR VISIT OUR WEBSITE AT WWW.USAMUTUALS.COM. READ THE PROSPECTUS OR SUMMARY PROSPECTUS CAREFULLY BEFORE INVESTING.

PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. THE PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND CURRENT RETURNS MAY BE LOWER OR HIGHER. SHARE PRICES AND INVESTMENT RETURNS FLUCTUATE AND AN INVESTOR’S SHARES MAY BE WORTH MORE OR LESS THAN ORIGINAL COST UPON REDEMPTION. FOR PERFORMANCE DATA AS OF THE MOST RECENT MONTH-END PLEASE CALL 1-866-264-8783.

_____________

Important Disclosures:

Click here for Prospectus.

The USA Mutuals Funds are distributed by Northern Lights Distributors, LLC.

Northern Lights Distributors, LLC and USA Mutual Advisors, Inc. are not affiliated.

Mutual fund investing involves risk; principal loss is possible. The risks associated with an investment in a Fund can increase during times of significant market volatility. Remember, in addition to possibly not achieving your investment goals, you could lose all or a portion of your investment in the Fund over long or even short periods of time. Certain stocks selected for a Fund’s portfolio may decline in value more than the overall stock market. Investments are subject to market risk, which may cause the value of the Fund’s investment to decline. Common stocks are susceptible to general stock market fluctuations and to volatile increases and decreases in value as market confidence in and perceptions of their issuers change. Investment strategies employed for a Fund may not result in an increase in the value of your investment or in overall performance equal to other investments. The Funds may use leverage, invest in derivatives and sell securities short. Leveraging may exaggerate the effect on net asset value of any increase or decrease in the market value of a Fund’s portfolio. Investing in derivatives may subject the Fund to losses if the derivatives do not perform as expected. Short sales involve selling a security that a Fund borrows and does not own. Short sales carry significant risk, including the risk of loss if the value of a security sold short increases prior to the scheduled delivery date, since a Fund must pay more for the security than it has received from the purchaser in the short sale. Futures contracts are subject to the same risks as the underlying investments that they represent, but also may involve risks different from, and possibly greater than, the risks associated with investing directly in the underlying investments. The Funds may invest in foreign securities which involve greater volatility and political, economic, and currency risks and differences in accounting methods. This risk increases with emerging markets. Small and mid-size companies involve additional risks such as limited liquidity and greater volatility.

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

UNAVX received Five-Star ratings for 3-year (33 funds), 5-year (32 funds), and a Five-Star rating for overall (33 funds) periods ending March 31, 2023. All in Morningstar’s Equity Market Neutral category based on risk-adjusted returns.

6117-NLD-04052023

Shareholder Services
USA Mutuals Advisors Inc.
+1 866-264-8783
fundinfo@usamutuals.com
Visit us on social media:
LinkedIn

USA MUTUALS
Built on a steadfast foundation of progressive investment theory, our philosophy endeavors to meet the goals of our investors in any economic cycle. Perpetually striving to transform clearly defined expectations into successful and measurable results is the bedrock of our organization.
TEXAS OFFICE

DALLAS, TEXAS

1-800-MUTUALS

© 2024 USA Mutuals

USA Mutuals | phone: 1-800-MUTUALS | email: fundinfo@usamutuals.com

USA Mutuals c/o Ultimus Fund Solutions, LLC | P.O. Box 541150 | Omaha, NE 68154 | Phone: 866-264-8783

The USA MUTUALS Funds are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any USA MUTUALS Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. Please refer to the prospectus for important information about the investment company including objectives, risks, charges and expenses. Read and consider it carefully before investing. You may also obtain a hardcopy of the prospectus by calling 866.264.8783.

Mutual fund investing involves risk; principal loss is possible. The risks associated with an investment in a Fund can increase during times of significant market volatility. Remember, in addition to possibly not achieving your investment goals, you could lose all or a portion of your investment in the Fund over long or even short periods of time. Certain stocks selected for a Fund’s portfolio may decline in value more than the overall stock market. Investments are subject to market risk, which may cause the value of the Fund’s investment to decline. Common stocks are susceptible to general stock market fluctuations and to volatile increases and decreases in value as market confidence in and perceptions of their issuers change. Investment strategies employed for a Fund may not result in an increase in the value of your investment or in overall performance equal to other investments. The Funds may use leverage, invest in derivatives and sell securities short. Leveraging may exaggerate the effect on net asset value of any increase or decrease in the market value of a Fund’s portfolio. Investing in derivatives may subject the Fund to losses if the derivatives do not perform as expected. Short sales involve selling a security that a Fund borrows and does not own. Short sales carry significant risk, including the risk of loss if the value of a security sold short increases prior to the scheduled delivery date, since a Fund must pay more for the security than it has received from the purchaser in the short sale. Futures contracts are subject to the same risks as the underlying investments that they represent, but also may involve risks different from, and possibly greater than, the risks associated with investing directly in the underlying investments. The Funds may invest in foreign securities which involve greater volatility and political, economic, and currency risks and differences in accounting methods. This risk increases with emerging markets. Small and mid-size companies involve additional risks such as limited liquidity and greater volatility.

The USA Mutuals Funds are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC. Northern Lights Distributors, LLC and USA Mutuals Advisors, Inc. are not affiliated.
Mutual Capital Alliance, Inc. and Northern Lights Distributors, LLC. are not affiliated.

Past performance does not guarantee future results.