Managed Futures Strategy
Performance as of 10/25/2019
Class | Ticker | 3M | YTD | 1Y | 1Y 09/30/2019 | SINCE INCEP 10/25/2019 | SINCE INCEP 09/30/2019 |
A (NAV) | WAVEX | -1.99% | -9.29% | -8.99% | -11.75% | 0.60% | 1.08% |
Class | Ticker | Day | 3M | YTD | 1Y | SINCE INCEP 10/25/2019 | SINCE INCEP 09/30/2019 |
A (Max Load)** | WAVEX | -7.59% | -14.51% | -14.24% | -16.83% | -0.30% | 0.16% |
Class | Ticker | Day | 3M | YTD | 1Y | SINCE INCEP 10/25/2019 | SINCE INCEP 09/30/2019 |
I (NAV) | WAVIX | -1.95% | -9.05% | -8.66% | -11.48% | 1.22% | 1.65% |
**Inclusive of maximum sales load of 5.75%.
Performance Attribution by Asset Class: December 2015
Equities | |
Fixed Income | |
Currencies | |
Commodities |
Performance Highlights
Market | Asset Class | Position | % Of Risk¹ |
Canadian Dollar / Japanese Yen | Currencies | Short | 2.53% |
Gasoil | Commodities | Short | 2.81% |
Heating Oil Financial | Commodities | Short | 3.26% |
Corn | Commodities | Short | 2.58% |
Australian Dollar / Canadian Dollar | Currencies | Long | 2.84% |
U.S. Dollar / South African Rand | Currencies | Long | 2.43% |
S&P TSX 60 Index (Canada) | Equities | Short | 1.49% |
Crude Oil (Brent) | Commodities | Short | 1.90% |
Canadian Dollar / U.S. Dollar | Currencies | Short | 1.55% |
Gasoil (Tokyo) | Commodities | Short | 1.34% |
Market | Asset Class | Position | % Of Risk¹ |
3-Month Euro Swiss Franc (Euroswiss) | Fixed Income | No Position | 0.00% |
U.S. Dollar / Swedish Krona | Currencies | Long | 1.03% |
Cocoa (New York) | Commodities | Long | 1.09% |
Swiss Franc / U.S. Dollar | Currencies | Short | 1.62% |
Euro / U.S. Dollar | Currencies | Short | 1.13% |
Lead (London) | Commodities | Short | 0.52% |
5-Year German Bond (Bobl) | Fixed Income | Long | 0.77% |
SPI 200 Index (Australia) | Equities | No Position | 0.00% |
3-Month Euro (Euribor) | Fixed Income | Long | 1.03% |
Lean Hogs | Commodities | Short | 1.05% |
Market | Asset Class | Position | % Of Risk¹ |
U.S. Dollar / South African Rand | Currencies | Long | 2.43% |
Eurodollar | Fixed Income | Long | 0.94% |
Canadian Dollar / U.S. Dollar | Currencies | Short | 1.55% |
Brazilian Real / U.S. Dollar | Currencies | Short | 1.01% |
Wheat (Kansas City) | Commodities | Short | 1.77% |
Palladium | Commodities | Short | 2.53% |
Copper | Commodities | Short | 2.32% |
3-Month Euro Swiss Franc (Euroswiss) | Fixed Income | No Position | 0.00% |
Nickel (London) | Commodities | Short | 1.47% |
Natural Gas | Commodities | Short | 2.64% |
Market | Asset Class | Position | % Of Risk¹ |
Swiss Franc / U.S. Dollar | Currencies | Short | 1.62% |
Euro / Japanese Yen | Currencies | No Position | 0.00% |
SPI 200 Index (Australia) | Equities | No Position | 0.00% |
Wheat (Chicago) | Commodities | Short | 1.92% |
S&P 500 Index E-Mini | Equities | No Position | 0.00% |
Crude Palm Oil | Commodities | No Position | 0.00% |
MSCI Taiwan Index (Taiwan) | Equities | No Position | 0.00% |
Cocoa (New York) | Commodities | Long | 1.09% |
IBEX 35 Index (Spain) | Equities | No Position | 0.00% |
Lead (London) | Commodities | Short | 0.52% |
¹The % of Risk is the estimated maximum equity a position could lose, divided by the estimated aggregate equity currently at risk of loss across all positions in the portfolio.
Portfolio holdings are subject to change at any time and should not be considered investment advice.
Past results are not necessarily indicative of future results. There is no guarantee that any investment will achieve its goals and generate profits or avoid losses.
PERFORMANCE DISCLOSURE: The Total Annual Fund Operating Expenses for the Longboard Managed Futures Strategy Fund class I is 2.99%. The Total Annual Fund Operating Expenses for the Longboard Managed Futures Strategy Fund class A is 3.24%. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Past performance is no guarantee of future results. For performance information current to the most recent month-end, please call toll-free 855.294.7540.