Tactical Plus Fund

Tactical Plus Fund

Objective

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

Fund Overview

  • Strives to achieve its investment objective by investing primarily in a diversified portfolio of instruments that provide exposure to U.S. and non-U.S. equity securities.
  • Seeks to provide investors with a risk-managed approach to owning equities.
  • 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.
  • Pairs the core long/short equity strategy with a catalyst-driven, policy-focused, long volatility trading strategy designed to find niche opportunities in disruptive changes to market trends and investor behaviors. The strategy for the Fund is to have aggressive positions early in trends and seeks to reduce exposure prior to drawdowns.
  • Exposure can range from a maximum of 200% net long to 100% net short.
Share Class*
Institutional
Ticker Symbol
SBTIX
CUSIP
90386K670
Inception Date
December 31, 2012
Net** / Gross Expense Ratio
1.58% / 1.96%
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.

**The advisor has contractually agreed to reduce fees and reimburse expenses until April 30, 2025. In the absence of current fee waivers, total return and yield would be reduced.

Daily NAV
$11.26
Daily Change
0.01
Daily % Change
0.089%

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 12/15/2014. 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 Plus Fund Net of Fees 1.79% 6.25% 2.79% 4.40% --- 4.38%

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.

Tactical Plus Fund (SBTIX)

Market exposure greater than 100% is a function of using leverage.

Tactical Plus Fund Portfolio Managers

Investment Team