Print361 Managed Futures Strategy Fund
Fund Details
| Objective: Seeks positive absolute returns that have a low correlation to the returns of broad stock and bond markets. |
| Inception: 12/20/11 |
| Benchmark: FTSE 3 Month T-Bill Index |
| Morningstar Category: Managed Futures |
Performance
| YTD | 1.84% |
| 1 Year | 1.57% |
| 3 Year | 2.66% |
| 5 Year | 1.40% |
| Since Inception | 2.95% |
| Alpha α (as of 03/31/19) | 2.18% |
Returns over one year are annualized.
Past returns shown do not guarantee future results. Current performance may be lower or higher. Call 888-736-1227 for the latest month-end returns. Return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than original cost. Other share class performance may vary.
Fund Strategy
The 361 Managed Futures Strategy Fund seeks to generate performance by employing a suite of systematic trading models that take positions (long, short, or cash) in U.S. equity index futures contracts.
Why Invest in the Fund
Portfolio Diversification
Alternative mutual fund with low correlations to broad markets offering true diversification.
Positive Absolute Returns
Fund seeks consistent, positive returns across all market cycles.
Contrarian Approach
Counter-trend approach seeks to profit from short-term price extremes independent of market direction.
Growth Portfolio Statistics Percentile Rankings
Morningstar rankings are based on a fund’s average annual total return relative to the funds in the same category and includes the reinvestment of dividends and capital gains. Rankings shown are for Class I shares and may be lower for Investor shares due to higher fees and expenses. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100. The Fund was ranked 31 among 115 funds, 8 among 96, and 43 among 66 for the 1-year, 3-year and 5-year periods, respectively. Past performance does not guarantee future results.
Investing involves risk, including possible loss of principal. Futures prices may be very volatile. The small margin required for futures contracts magnifies the effect of market volatility and allows the loss from a contract potentially to exceed the Fund’s initial investment. With short contracts, the loss is theoretically unlimited since the appreciation of the underlying asset also is theoretically unlimited. Fund assets not invested in futures are invested primarily in investment-grade bonds. Bond prices generally fall when interest rates rise. Frequent trading by the Fund may reduce returns and increase the number of taxable transactions. Concentration of its portfolio in relatively few issuers may make the Fund more volatile than a diversified fund.
You should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. For a prospectus, or summary prospectus, that contains this and other information about the Funds, call 1-888-736-1227. Please read the prospectus or summary prospectus carefully before investing.
The 361 Funds are distributed by IMST Distributors, LLC.
% Total Returns
% Calendar Year Returns
Past returns shown do not guarantee future results. Current performance may be lower or higher. Call 888-736-1227 for the latest month-end returns. Return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than original cost.Correlation Matrix
Statistical Signature
††Hit Ratio is the number of winning active signals divided by the number of total active signals. It does not take into account how much was won or lost, simply if they are profitable.
Commentary
Within the wide variety of programs in the category, our strategy is one of two single manager, short-term counter trend funds. Our models seek to exploit overreactions in equity markets and profit from the short-term mean reversion often observed following outsized moves (up or down). We expect the Fund to perform well in choppy or ‘noisy’ markets, while being more muted in steadilyrising markets. With the VIX again below its long-term average, and noise at low levels for most of the quarter, the Fund performed in line with expectations.
Strategy Overview
