Source: Morningstar. Data from 03/01/14-12/31/19. The Fund is represented by the 361 Global Managed Futures Strategy Fund (AGFZX). which was incepted on 02/12/14. Data is represented by the following sources: Foreign Equity by the MSCI ACWI, Domestic Equity by the S&P 500. Managed Futures by the Morningstar Managed Futures Category, Real Assets by the S&P GSCI, Fixed Income by the Barclays Aggregate Bond Index. and Cash by the FTSE 3 Month T-Bill Index.
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 or visit our website at 361capital.com. Please read the prospectus or summary prospectus carefully before investing.
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.
Past performance is no guarantee of future results. Ratings reflect fee waivers in effect: in their absence. ratings may have been lower.
The 361 Global Managed Futures Strategy Fund Class I shares was rated 4 stars for the 3-year period and 5 stars for the 5-year period among 100 and 82 funds, respectively, in the Managed Futures funds category. Ratings reflect fee waivers in effect; in their absence, ratings may have been lower. Morningstar Ratings™ are calculated for managed products including mutual funds with at least a three-year history. ETFs and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance. placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom I 0% receive I star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns and 60% five-year rating/40% three-year rating for 60-119 months of total returns.© 2020 Morningstar. All rights reserved.
Correlation is a statistical measure of how two securities perform relative to each other.
The 361 Funds are distributed by IMST Distributors, LLC.