Past performance is no guarantee of future results. Additional performance information for the 361 Capital Global Long/Short Equity Fund may be found here.
Mutual fund investing involves risk including the possible loss of principal. Some of the Funds’ investment activities involve significant risks associated with investing in commodities, futures, forwards and derivatives (options and swaps). A Fund’s volatility may be amplified by its use of derivatives, and its ability to anticipate price movements in relevant markets. Certain Fund transactions, including entering into futures contracts and taking short positions in financial instruments, may give rise to a form of leverage which can magnify the effects of changes in the value of the Fund’s investments and make a Fund more volatile. The potential loss from a short sale is theoretically unlimited since the appreciation of the underlying asset also is theoretically unlimited. Foreign investment entails additional risk from adverse changes in currency exchange rates, lax regulation, and potential market instability. Frequent trading by a Fund may reduce returns and increase the number of taxable transactions.
Beta measures a fund’s sensitivity to market movements. The beta of a market is 1.00 by definition.