WAVIX:NASDAQ
Longboard Managed Futures Strategy Fund Class I Shares – WAVIX Fund Overview
| Last Price | Today's Change | 52-Week Range | Trading Volume |
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| 10.19 | -0.05 (-0.49%) | 9.57 - 10.59 | 0.0 |
Market data as of 6:26PM 05/24/13. Quotes are delayed by at least 15 min.
Overview - WAVIX
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 | 3.50% |
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| Yield (Trailing 12 Mo.) | -- |
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| Expense Ratio | 2.99% |
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| Front Load | None |
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| Deferred Load | None |
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| Minimum Investment | $10,000 |
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| Management Tenure | 1 Years |
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| Fund Inception | 06/27/2012 |
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Trailing Total Returns - WAVIX
as of 04/30/2013
| Timeframe | WAVIX | S&P 500 | Managed Futures |
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| 1 Month | 1.47% | 1.93% | 1.37% |
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| 3 Month | 1.27% | 7.18% | 0.19% |
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| Year-to-Date | 5.08% | 12.74% | 1.13% |
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| 1 Year | -- | 16.89% | -4.55% |
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| 3 Year | -- | 12.80% | -4.85% |
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| 5 Year | -- | 5.21% | -4.44% |
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| 10 Year | -- | 7.88% | -- |
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| Since Inception | 3.50% | 10.38% | -- |
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Sector Allocation - WAVIX
as of 04/30/2013
| 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 - WAVIX
as of 04/30/2013
| 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 | $33.61M |
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| Total Stock Holdings | 1 |
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| Total Bond Holdings | 4 |
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Top Ten Holdings - WAVIX
as of 04/30/2013
| 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 - WAVIX
as of 04/30/2013
| Valuation | WAVIX | 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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