Altegris Futures Evolution Strategy N
Northern Lights Fund Tr(Altegris)450 Wireless BoulevardHauppauge NY 11788
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Phone: 877-772-5838
| Category: | Managed Futures | | Fund Family: | Altegris | | Net Assets: | 294.15M | | Year-to-Date Return: | 1.23% | | Yield: | 0.31% | | Morningstar Rating: | N/A | | Fund Inception Date: | Oct 30, 2011 |
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Allen H. Cheng
Lead Manager since Oct 30, 2011 | | | Mr. Cheng has served as Senior Vice President and Chief Investment Officer of the adviser since July 1, 2010. From August 2008 through June 2010, Mr. Cheng served as Managing Director of Research and Investments for Altegris Investments, Inc. Mr. Cheng brings over 20 years of hedge fund and alternative investment experience to the adviser. Prior to joining Altegris Investments, Inc. in July 2008, Mr. Cheng served as Managing Director, Head of Fund of Funds Portfolio Management at Bank of America's Alternative Investment Group. Mr. Cheng's previous experience includes responsibility as Managing Director-Head of Research for Optima Fund Management, an investment advisory firm specialized in alternative investments. He began his alternative investment career at Moore Capital Management managing asset allocation and research for hedge fund multi-manager products. Mr. Cheng earned his BA in Finance from the University of Maryland and MBA from the University of Michigan. |
| Min Initial Investment: | 2,500 | | Min Initial Investment, IRA: | 2,500 | | Min Initial Investment, AIP: | 2,500 | | Min Subsequent Investment: | 250 | | Min Subsequent Investment, IRA: | 250 | | Min Subsequent Investment, AIP: | 500 |
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| The investment seeks long term capital appreciation.
The fund seeks to achieve its investment objective by allocating its assets between a "Managed Futures" strategy and a "Fixed Income" strategy. The adviser expects that less than 100%, typically 15-25%, of the fund's total net assets will be invested in and used as collateral for Managed Futures strategies. The adviser expects that less than 100%, typically 70-80%, of the fund's total net assets will be invested in Fixed Income strategies. It is non-diversified. |
| Last Dividend
(Dec 12, 2012)
:
| 0.01 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| N/A | | Average for Category: | 246.88% |
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| Expense | EVONX | Category Avg |
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| Annual Report Expense Ratio (net): | 3.72% | 2.62% | | Prospectus Net Expense Ratio: | 2.25% | N/A | | Prospectus Gross Expense Ratio: | 2.66% | N/A | | Max 12b1 Fee: | 0.25% | N/A | | Max Front End Sales Load: | N/A | 5.55% | | Max Deferred Sales Load:
| N/A | 1.00% | | 3 Yr Expense Projection*: | 1,169 | N/A | | 5 Yr Expense Projection*: | 1,982 | N/A | | 10 Yr Expense Projection*: | 4,094 | N/A |
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0.04(0.38%) May 20