WAVEX:NASDAQ
Longboard Managed Futures Strategy Fund Class A Shares – WAVEX Fund Overview
| Last Price | Today's Change | 52-Week Range | Trading Volume |
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| 9.61 | 0.08 (+0.84%) | 9.46 - 10.51 | 0.0 |
Market data as of 6:06PM 06/18/13. Quotes are delayed by at least 15 min.
Overview - WAVEX
The investment seeks positive absolute returns.
The fund employs a trend following strategy (identifying opportunities as prices trend up and down) similar in general concept to the managed futures industry at large. The advisor will consider a variety of exchange traded futures contracts and forward contracts. The subsidiary's holdings will generally be diversified across the equities, energies, interest rates, grains, meats, soft commodities, currencies, and metals sectors; and will also be diversified across North America, Asia, Europe, Australia, and potentially Africa and South America. It is non-diversified.
Growth of $10,000 (10 Years)
| Total Return | -3.01% |
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| Yield (Trailing 12 Mo.) | -- |
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| Expense Ratio | 3.24% |
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| Front Load | 5.75% |
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| Deferred Load | None |
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| Minimum Investment | $2,500 |
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| Management Tenure | 1 Years |
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| Fund Inception | 03/22/2013 |
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Trailing Total Returns - WAVEX
as of 05/31/2013
| Timeframe | WAVEX | S&P 500 | Managed Futures |
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| 1 Month | -3.29% | 2.34% | -1.72% |
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| 3 Month | -0.81% | 8.22% | -0.59% |
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| Year-to-Date | 1.46% | 15.37% | -0.63% |
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| 1 Year | -- | 27.28% | -6.87% |
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| 3 Year | -- | 16.87% | -4.49% |
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| 5 Year | -- | 5.43% | -5.19% |
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| 10 Year | -- | 7.58% | -- |
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| Since Inception | -3.01% | 10.42% | -- |
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Sector Allocation - WAVEX
as of 05/31/2013
| Basic Materials | | -- |
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| Consumer Cyclical | | -- |
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| Financial Services | | -- |
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| Real Estate | | -- |
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| Consumer Defensive | | -- |
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| Healthcare | | -- |
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| Utilities | | -- |
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| Communication Services | | -- |
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| Energy | | -- |
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| Industrials | | -- |
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| Technology | | -- |
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Asset Allocation - WAVEX
as of 05/31/2013
| By Percent | Short | 0% | Long | Net |
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| Stock | 0.00 | | | 7.27 | 7.27 |
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| Bond | 0.00 | | | 0.00 | 0.00 |
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| Other | 0.07 | | | 0.18 | 0.11 |
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| Foreign Stock | 1.07 | | | 1.97 | 0.89 |
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| Foreign Bond | 0.00 | | | 0.88 | 0.88 |
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| Total | 1.14 | | | 10.30 | 9.15 |
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| Cash | 0.16 | | | 91.00 | 90.84 |
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| Total Net Assets | $35.91M |
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| Total Stock Holdings | 1 |
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| Total Bond Holdings | 4 |
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Top Ten Holdings - WAVEX
as of 05/31/2013
| Company | YTD Return | % of Assets |
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| Longboard | -- | 7.27% |
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| Ftse/Mis Index Future | -- | 0.49% |
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| Spi 200 | -- | 0.35% |
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| 10 Yr Mini Jbg Future | -- | 0.29% |
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| Topix Index Future | -- | 0.27% |
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| Nikkei 225 Mini | -- | 0.27% |
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| Djia Index Future Mini | -- | 0.24% |
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| 3 Mo Sterling (Short Sterling) | -- | 0.23% |
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| 3-Month Euro (Euribor) | -- | 0.22% |
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| S&P Midcap 400 Emini | -- | 0.21% |
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Valuation & Growth - WAVEX
as of 05/31/2013
| Valuation | WAVEX | Category Range |
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| Price/Earnings | -- | |
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| Price/Book | -- | |
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| Price/Sales | -- | |
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| Price/Cash Flow | -- | |
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| Dividend Yield | | |
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| LT Earnings | | |
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| Historical Earnings | | |
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| Sales Growth | | |
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| Cash-Flow Growth | | |
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| Book-Value Growth | | |
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