ABR 50/50 Volatility Fund

Fund Overview

InstitutionalInvestor
TickerABRSXABRJX
CUSIP34984Y65834984Y641
Minimum Initial Investment$100,000$5,000

Investment Strategy

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

50/50 Volatility Strategy 

In managing the Fund, the Adviser uses a 50/50 blend of Long and Short Volatility Strategies, based on the Fund’s net assets, in order to seek to capitalize on extended downtrends in the price of VIX Index futures and VIX Index ETPs, while mitigating the effect of sudden price appreciation in VIX Index futures and VIX Index ETPs. Depending on the level of volatility in the market, the Fund, through its 50/50 approach, will emphasize different portfolio constituents in differing amounts or levels.

Documents

Fact Sheet

Annual Report

Semi-Annual Report

Prospectus

SAI

Distributions

Broker Availability

(including but not limited to)

Broker dealers are not affiliated with Foreside Fund Services, LLC

Additional Purchase Options

Online Account

Mail-in Application

Contact

For current fund prices and information contact:

Apex Fund Services

[email protected]

855.422.4518 (toll-free)

Fund Performance

Monthly Returns

As of 9/30/2025
MONTHYTD1 YEAR5 YEARSINCE INCEPTION
ABRSX4.26%0.60%2.27%12.46%5.77%
ABRJX4.34%0.37%2.04%12.18%5.51%

Quarterly Returns

As of 9/30/2025
QUARTERYTD1 YEAR5 YEARSINCE INCEPTION
ABRSX10.49%0.60%2.27%12.46%5.77%
ABRJX10.41%0.37%2.04%12.18%5.51%

Returns represent past performance and do not guarantee future results. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Mutual fund performance changes over time and currently may be significantly lower than stated above. For the most recent month-end performance, please call 855-422-4518.

Fund Overview

InstitutionalInvestor
TickerABRSXABRJX
CUSIP34984Y65834984Y641
Net Expense Ratio12.50%2.75%
Gross Expense Ratio13.01%4.12%
Inception Date10/2/201710/2/2017
1 ABR Dynamic Funds, LLC (the “Adviser”) has contractually agreed to waive its fee and/or reimburse Fund expenses to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding all taxes, interest, portfolio transaction expenses, proxy expenses and extraordinary expenses) of Institutional Shares and Investor Shares to 2.50% and 2.75%, respectively, through at least November 30, 2025 (“Expense Cap”).

Fees and Minimums

Purchase of SharesInstitutionalInvestor
Minimum Initial Investment$100,000$5,000
Minimum Additional InvestmentNoneNone
Shareholder FeesInstitutionalInvestor
Sales LoadNoneNone
Deferred Sales LoadNoneNone
Redemption FeeNoneNone
Annual Fund Operating ExpensesInstitutionalInvestor
Management Fees2.50%2.50%
Distribution (12b-1) FeesNone0.25%
Other Expenses0.51%1.37%
Total Annual Fund Operating Expenses3.01%4.12%
Less Fee Waivers 1(0.51)%(1.37)%
Total Annual Fund Operating Expenses after Fee Waivers 12.50%2.75%
1 ABR Dynamic Funds, LLC (the “Adviser”) has contractually agreed to waive its fee and/or reimburse Fund expenses to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding all taxes, interest, portfolio transaction expenses, proxy expenses and extraordinary expenses) of Institutional Shares and Investor Shares to 2.50% and 2.75%, respectively, through at least November 30, 2025 (“Expense Cap”).