DYNAMIC FUNDS FOR A DYNAMIC FUTURE

VOLSX - ABR 75/25 Volatility Fund
  • Investment Strategy

    Employing a proprietary investment model, the Fund invests its assets primarily in securities and derivative instruments that, to varying degrees, provide (i) long exposure to CBOE Volatility Index (“VIX Index”) futures and exchange-traded products (“ETPs”); (ii) short exposure to VIX Index futures and ETPs; (iii) long exposure to S&P 500 Index futures and ETPs; (iv) long exposure to long-term U.S. Treasury securities; and (v) cash.

    75/25 Volatility Strategy 

    The Fund seeks long-term capital appreciation. The Adviser’s approach to managing the Fund involves creating a 75/25 blend of Long and Short Volatility Strategies, based on the Fund’s net assets, in order to seek to generate favorable long-term risk-adjusted returns, in part, by profiting from price changes involving instruments that track volatility levels. Depending on the level of volatility in the market environment, the 75/25 approach will emphasize different portfolio constituents in differing amounts.

ABRVX - ABR Dynamic Blend Equity & Volatility Fund
  • Investment Strategy

    Using the combined output of several proprietary volatility models, the underlying index (The ABR Dynamic Blend Equity and Volatility Index Powered by WilshireSM) determines an unleveraged, long-only allocation to a blend of equity, volatility, and cash exposures each day.  Some days it employs significant volatility exposure to seek to capture certain volatility movements, while on other days it utilizes significant equity exposure to seek to track rising equity markets.

    Dynamic Blend 

    Using instruments which track the S&P 500® Total Return Index, the S&P 500® VIX Short-Term Futures Total Return Index, and cash, the Fund is systematically re-balanced daily to target the equity, volatility, and cash exposures of the underlying index, which are based on several measures of Volatility.  As a general reference:

    -The Fund’s exposure to Equity increases in periods of relatively low market volatility.

    -The Fund’s exposure to Volatility increases in periods of relatively high volatility.

    -At times, the Fund may briefly convert to a full cash position.

ABRSX - ABR Dynamic Short Volatility Fund
  • Investment Strategy

    The Fund seeks to capitalize on the long-term historical downward trend* of the price of the VIX Index (“the CBOE Volatility Index”) futures, while mitigating the effect of sudden price appreciation in VIX Index futures. Employing a proprietary investment model, the Fund’s assets are rebalanced among securities and derivative instruments that provide short exposure to VIX Index futures and exchange traded products, long exposure to long-dated U.S. Treasuries, and cash. * -99% since 2006 (2006-2019), based on SPVXSTR Index

    Dynamic Short Volatility 

    The Fund seeks long-term capital appreciation. Its model assesses the level of volatility in the market environment, and the Fund assets are balanced once daily. The Fund’s model targets the following allocations, which we believe will help mitigate the volatility of its returns:   • In low volatility environments, a larger long exposure to U.S. Treasuries and a lesser short exposure to VIX Index futures and ETPs.   • In medium volatility environments, a smaller long exposure to U.S. Treasuries and a larger short exposure to VIX Index futures and ETPs.   • In high volatility environments, a smaller long exposure to U.S. Treasuries and a smaller short exposure to VIX Index futures and ETPs, with a larger exposure to cash.

Investors cannot invest directly in an index. The S&P 500® Total Return Index, as adjusted to reflect reinvestment of dividends, is an unmanaged index of 500 stocks and sets forth the performance of a broad-based stock market index. The S&P 500® VIX Short-Term Futures Index TR is an index which measures the return from a daily rolling long position in the first and second contract months in the VIX futures traded on the Chicago Board Options Exchange (CBOE). The VIX® is a trademarked ticker symbol for the CBOE Market Volatility Index®, a popular measure of the implied volatility of S&P 500® index options. The Bloomberg Barclays U.S. Treasury 20+ Year Total Return Index is an unmanaged index of U.S. treasury securities that have a remaining maturity of at least 20 years. The ABR Dynamic Blend Equity & Volatility Index and the ABR Enhanced Short Volatility Index Powered by WilshireSM (The Index) invests in a different mix of investments than these indices, which may cause some differences in the performance among the Index and these indices. Wilshire®, the Wilshire IndexesSM and ABR Dynamic Blend Equity & Volatility Index and the ABR Enhanced Short Volatility Index Powered by WilshireSM are service marks of Wilshire Associates Incorporated (“Wilshire”) and have been licensed for use by ABR Dynamic Funds, LLC. All content of the Wilshire IndexesSM and ABR Dynamic Blend Equity & Volatility Index and the ABR Enhanced Short Volatility Index Powered by WilshireSM is © 2015 Wilshire Associates Incorporated, all rights reserved. ABR Dynamic Blend Equity & Volatility Index and the ABR Enhanced Short Volatility Index Powered by WilshireSM is not sponsored, endorsed, sold or promoted by Wilshire, and Wilshire makes no representations or warranties with respect to ABR Dynamic Blend Equity & Volatility Index and the ABR Enhanced Short Volatility Index Powered by WilshireSM.