RAISE™ Core Tactical Fund
Seeks risk-adjusted returns which are uncorrelated to the broader markets
|PERFORMANCE (as of 09/30/17)|
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Returns for one year or less are cumulative. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. For the most recent month end performance, please call 1-844-524-9366. Other share class performance may vary.
Minimum Investments Initial investment
For Class A and C shares: $2,500 For Class I shares: $10,000
Automatic Investment Plan: $100 Subsequent Investment: $500 ($1,000 for Class I shares)
Automatic Investment Plans: $100
Maximum Sales Charge
For Class A Shares: 5.50%
For Class C and I Shares: None
Maximum Deferred Sales Charge
For Class C Shares: 1.0% on shares sold within 12 months of purchase For Class A and I Shares: None
Expense Ratio (Gross)
Class I Shares: 1.45%
Expense Ratio (Net)
Class I Shares: 1.30%
*The Fund’s advisor has contractually agreed to waive its fees and/or operating expenses until April 30, 2018
The Fund will make distributions of net investment income annually and net capital gains (if any) typically in December. Distributable dividends and taxable capital gains are automatically reinvested in the Fund unless you request cash distributions on your application or through a written request to the Transfer Agent.
For Class A, C and I shares: 2.00% on shares sold within 30 days of purchase.
Fund Assets Under Management
$36.9 Million (as of 9/30/2017)
IMST Distributors, LLC.
August 3, 2015
Kaizen Advisory, LLC, an Illinois limited liability company formed in May 2014, acts as the investment advisor to the Fund. Kaizen is registered with the SEC and has approximately $187.4 million in assets under management as of June 30, 2017. Kaizen’s services to the Fund include providing overall supervision of the investment management of the Fund.
Portfolio Managers for the Kaizen RAISE™ Core Tactical Fund are Michael Thompson and D. Matthew Thompson, who are responsible for the day-to-day management of the Fund’s portfolio.
IMPORTANT DISCLOSURE and RISKS
Before investing you should carefully consider the Fund’s investment objectives, risks, charge s and expenses. This and other information is in the prospectus, a copy of which may be obtained by calling 1-844-524-9366. Please read the prospectus carefully before you invest.
Effective November 10, 2017, the Fund changed its fund name from “Kaizen Hedged Premium Spreads Fund” to “Raise Core Tactical Fund.” Kaizen Advisory, LLC remains as the Fund’s investment advisor. The Fund’s investment objective and principal investment strategies have been changed.
An investment in the Fund is subject to risk, including the possible loss of principal. Fund risks include, but are not limited to, the following: The Fund may not fully benefit from or may lose money on an option if changes in its value do not correspond as anticipated to changes in the value of the underlying securities. If the Fund is not able to sell an option held in its portfolio, it would have to exercise the option to realize any profit and would incur transaction costs upon the purchase or sale of the underlying securities.
The Fund is classified as “non-diversified”, which means the Fund may invest a larger percentage of its assets in the securities of a smaller number of issuers than a diversified fund. Investment in securities of a limited number of issuers exposes the Fund to greater market risk and potential losses than if its assets were diversified among the securities of a greater number of issuers. Changes in the laws or regulations of the United States or other countries, including any changes to applicable tax laws and regulations, could impair the ability of the Fund to achieve its investment objective and could increase the operating expenses of the Fund. The Fund is newly organized and has no operating history. As a result, prospective investors have no track record or history on which to aabase their investment decisions.
Distributed by IMST Distributors, LLC.