Fund Overview
| Institutional | Investor | |
|---|---|---|
| Ticker | VOLSX | VOLJX |
| CUSIP | 34984Y617 | 34984Y591 |
| Minimum Initial Investment | $100,000 | $2,500 |
Investment Strategy
The Fund seeks long-term capital appreciation. 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
In managing the Fund, the Adviser uses 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, the Fund, through its 75/25 approach, will emphasize different portfolio constituents in differing amounts or levels.
Broker Availability
(including but not limited to)
Broker dealers are not affiliated with Foreside Fund Services, LLC
Contact
For current fund prices and information contact:
Apex Fund Services
855.422.4518 (toll-free)
Fund Performance
Monthly Returns
As of 9/30/2025
| MONTH | YTD | 1 YEAR | 5 YEAR | SINCE INCEPTION | |
|---|---|---|---|---|---|
| VOLSX | 3.70% | -0.84% | -0.29% | 6.55% | 5.29% |
| VOLJX | 3.63% | -1.03% | -0.49% | 6.28% | 5.01% |
Quarterly Returns
As of 9/30/2025
| QUARTER | YTD | 1 YEAR | 5 YEAR | SINCE INCEPTION | |
|---|---|---|---|---|---|
| VOLSX | 8.33% | -0.84% | -0.29% | 6.55% | 5.29% |
| VOLJX | 8.31% | -1.03% | -0.49% | 6.28% | 5.01% |
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
| Institutional | Investor | |
|---|---|---|
| Ticker | VOLSX | VOLJX |
| CUSIP | 34984Y617 | 34984Y591 |
| Net Expense Ratio1 | 1.75% | 2.00% |
| Gross Expense Ratio1 | 2.77% | 3.23% |
| Inception Date | 8/3/2020 | 8/5/2020 |
Fees and Minimums
| Purchase of Shares | Institutional | Investor |
|---|---|---|
| Minimum Initial Investment | $100,000 | $2,500 |
| Minimum Additional Investment | None | None |
| Shareholder Fees | Institutional | Investor |
|---|---|---|
| Sales Load | None | None |
| Deferred Sales Load | None | None |
| Redemption Fee | None | None |
| Annual Fund Operating Expenses | Institutional | Investor |
|---|---|---|
| Management Fees | 2.50% | 2.50% |
| Distribution (12b-1) Fees | None | 0.25% |
| Other Expenses | 0.27% | 0.48% |
| Total Annual Fund Operating Expenses | 2.77% | 3.23% |
| Less Fee Waivers 1 | (1.02)% | (1.23)% |
| Total Annual Fund Operating Expenses after Fee Waivers 1 | 1.75% | 2.00% |