Tactical Growth Fund

Tactical Growth Fund

Objective

The Westwood Broadmark Tactical Growth Fund (the Fund) seeks to produce above-average, risk-adjusted returns, in any market environment, while exhibiting less downside volatility than the S&P 500® Index.

Fund Overview

  • Designed to help investors side-step market downturns, while attempting to participate in its growth via the continuous and active management of portfolio market exposure.
  • Seeks to manage risk and enhance alpha with the flexibility to be long, short, or neutral on the market.
  • Using active market exposure management, the fund moves in and out of the market incrementally based upon macro and technical factors.
  • Invests primarily in a diversified portfolio of exchange-traded funds (ETFs) and instruments providing exposure to indices, sectors and industries based on its four-pillar process. The fund may tactically deploy leveraged investment techniques as well as short positions that allow a net exposure that can range from 100% net long to 100% net short in its portfolio. Generally, it is the fund’s objective to maintain net exposure between 100% net long and 100% net short.
  • Proprietary Volume/Breadth-Based Momentum models are used to seek what we feel is optimal stock market exposure including entry points, the amount of exposure, the type of exposure and exit points.
Share Class*
Institutional
Ticker Symbol
FTGWX
CUSIP
90386K753
Inception Date
14th Sept 2009
Net / Gross Expense Ratio
1.46% / 1.46%
Distribution Frequency
Annually
Benchmark
HFRX Equity Hedge Index
Account Access and Related Materials

*For additional information for other share classes, click Account Access and Related Materials.

Prior to January 1, 2019, the fund compared its performance to the S&P 500® Index. After this date, to better reflect the universe of investment opportunities based on the fund’s investment strategy, the fund added the HFRX Equity Hedge Index as the benchmark to which the fund compares its performance.

Daily NAV
$25.50
Daily Change
-0.05
Daily % Change
-0.196%

Growth of a $10,000 Investment

Value as of xx/xx/xx
 

Assumes an initial investment of $10,000 was made on the fund's inception date of 09/14/2009. The growth of a $10,000 investment in the fund is hypothetical and for illustration only. It does not represent any actual investment.

Annualized Fund Performance
as of 03/31/2024

Trailing Year Performance YTD* 1-Yr
Trailing
3-Yrs
Trailing
5-Yrs
Trailing
10-Yrs
Trailing
Since
Inception
Tactical Growth Fund Net of Fees 2.61% 5.85% 0.41% 3.80% 3.36% 3.65%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call +1 (877) FUND-WHG. *YTD figure is calculated as of the most recent month end.

Prior to January 1, 2019, the fund compared its performance to the S&P 500® Index. After this date, to better reflect the universe of investment opportunities based on the fund’s investment strategy, the fund added the HFRX Equity Hedge Index as the benchmark to which the fund compares its performance.

Market Exposure (%)

Week Ending Gross Market Exposure Net Market Exposure
10/02/2023 +49.83%​ -2.02%​
10/09/2023 +49.25​ -1.48​
10/16/2023 +49.31%​ -1.62%​
10/23/2023 +45.70%​ -5.95%​
10/30/2023 +46.06%​ -5.53%​
11/06/2023 +46.24%​ -4.50%​
11/13/2023 +42.54%​ +0.52%​
11/20/2023 +42.29%​ +1.63%​
11/27/2023 +42.82%​ +1.81%​
12/04/2023 +43.75%​ +2.13%​
12/11/2023 +47.64%​ +4.87%​
12/18/2023 +51.85%​ +8.37%​
12/26/2023 +52.97%​ +8.67%​

Gross exposure is the value of all of the portfolio’s holdings (long and short positions), excluding the value of the portfolio’s net cash and cash equivalent holdings. Net exposure is the value of the portfolio’s long holdings, minus the value of the portfolio’s short portions and excluding the value of the portfolio’s net cash and cash equivalent holdings.

Tactical Growth Fund (FTGWX) Drawdown

Past performance does not guarantee future results.

Drawdown is the gradual decline in the price of a security or other investment between its high and low over a given period

Risk Characteristics

  Fund Benchmark
Beta 0.45 1.00
Correlation 0.63 1.00
Standard Deviation 5.77 8.00

Data since Fund inception (9/14/09 through 12/31/23)

Beta is a measure of risk that shows a fund’s volatility relative to its benchmark index. Cash flow measures the cash generating capability of a company by adding non-cash charges (e.g., depreciation) and interest expense to pretax income. Correlation is a statistical measure of the interdependence of two random variables that range in value from -1 to +1, indicating perfect negative correlation at -1, absence of correlation at zero and perfect positive correlation at +1. Standard deviation measures the degree to which a fund’s return varies from its previous returns for from the average of all similar funds.
Past performance does not guarantee future results.

Tactical Growth Fund Portfolio Managers

Investment Team