The information contained on this website is distributed for informational purposes only and should not be considered investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. The information contained on this website is believed to be accurate as of the date submitted, and is subject to change. Any performance information referenced on this website represents past performance and is not indicative of future returns.
Mutual Fund material must be preceded or accompanied by a prospectus.
Investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing.
Exchange Traded Funds: Investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. This and other information is contained in the Fund’s prospectus and summary prospectus, which may be obtained online or by calling 1-833-356-0909. Please read and carefully consider the prospectus before investing. Distributed by Foreside Fund Services, LLC
The performance data quoted represents past performance and does not guarantee future results. NET returns will differ by strategy.
Explorer Fund Investment Strategy
The investment seeks long-term capital appreciation. The fund invests primarily in the equity securities of small and middle capitalization companies. In choosing investments, the Adviser typically selects equity securities that the adviser believes offer superior return potential and may consider, among other factors, a company’s valuation, projected future earnings, growth potential, recent performance, and business strategy. It may also invest in other investment companies, including ETFs.
Valuation 50®
The Valuation 50® live model portfolio is a long strategy comprised of approximately 50 U.S. traded large-cap equity securities believed to offer superior total returns over long-term investment horizons. The Valuation 50® has been managed in real-time, using published data, and sold to clients since 2004. The equity securities have attractive valuations and are selected to provide broad economic sector exposure. The Valuation 50® is a live hypothetical model portfolio and does not reflect actual client investments. The above presentation is based on holdings in the Valuation 50® which started 6/10/2004. Holdings in the Valuation 50® and security prices are subject to change throughout the year. The Gross Performance of the Valuation 50® is based on a hypothetical fully-invested portfolio and excludes all fees and expenses. Net Performance of the Valuation 50® is calculated by deducting an annual investment management fee from Gross Performance. Most individual accounts will have some cash level. Performance is calculated on a pre-tax basis and does not include any reduction for applicable non-U.S. withholding taxes, if any. Past performance is no guarantee of future results. Individual security weights may vary by account. References to stocks held in the Valuation 50® are for informational purposes only and do not constitute an offer to buy or sell any security. Actual individual account results may differ from the performance shown in this profile. The information and data contained in this presentation were obtained from sources deemed to be reliable, but Applied Finance Capital Management LLC makes no guarantee as to the accuracy or completeness of any such information or data. The information in this report is not intended to be used as the primary basis of investment decisions, and Applied Finance Capital Management LLC makes no recommendation as to the suitability of investing in any particular security. Due to individual investor requirements, this report should not be construed as advice meant to meet the investment needs of any investor. Any opinions and projections expressed herein reflect our judgment at this date and are subject to change without notice. Applied Finance Capital Management LLC, its owners, employees and/or clients may have positions in any security that is discussed in this report.
Valuation Dividend
The Valuation Dividend™ live model portfolio is a long strategy comprised of approximately 35 U.S.-traded large-cap equity securities believed to offer superior total returns over long-term investment horizons. The Valuation Dividend has been managed in real-time, using published data, and sold to clients since 2012. The equity securities have attractive valuations and are selected to provide broad economic sector exposure. The Valuation Dividend is a live hypothetical model portfolio and does not reflect actual client investments. The above presentation is based on holdings in the Valuation Dividend which started 4/11/2012. Holdings in the Valuation Dividend and security prices are subject to change throughout the year. Gross Performance of the Valuation Dividend is based on a hypothetical fully-invested portfolio and excludes all fees and expenses. Net Performance of the Valuation Dividend is calculated by deducting an annual investment management fee from Gross Performance. Actual individual account results may differ from the performance shown in this profile. Most individual accounts will have some cash level. Performance is calculated on a pre-tax basis and does not include any reduction for applicable non-U.S. withholding taxes, if any. Past performance is no guarantee of future results.
Individual security weights may vary by account. References to stocks held in the Valuation Dividend are for informational purposes only and do not constitute an offer to buy or sell any security. The information and data contained in this presentation were obtained from sources deemed to be reliable, but Applied Finance Capital Management LLC makes no guarantee as to the accuracy or completeness of any such information or data. The information in this report is not intended to be used as the primary basis of investment decisions, and Applied Finance Capital Management LLC makes no recommendation as to the suitability of investing in any particular security. Due to individual investor requirements, this report should not be construed as advice meant to meet the investment needs of any investor. Any opinions and projections expressed herein reflect our judgment at this date and are subject to change without notice. Applied Finance Capital Management LLC, its owners, employees and/or clients may have positions in any security that is discussed in this report.
Information About Risk
Equity Securities Risk. Investing in equity securities is subject to the risk that stock prices will fall over short or extended periods of time. Historically, the equity markets have moved in cycles, and the value of equity securities may fluctuate from day to day. Individual companies may report poor results or be negatively affected by industry and/or economic trends and developments. The prices of securities issued by such companies may suffer a decline in response. These factors contribute to price volatility, which is a principal risk of investing in equity securities. Market Risk. The value of securities in the equity portfolio will fluctuate and, as a result, the share price may decline suddenly or over a sustained period. The equity securities purchased may involve large price swings and potential for loss. Management Risk. The strategies used by the Adviser may fail to produce the intended result. Large Cap Risk. Larger, more established companies may be unable to attain the high growth rates of successful, smaller companies during periods of economic expansion. Small Cap Risk.Investing in the securities o f smaller companies generally involves greater risk than investing in larger, more established companies. Risks of Investment Selection and Asset Allocation.
Risks of Investment Selection and Asset Allocation. The strategy’s investment success depends on the skill of the Adviser in evaluating, selecting and monitoring the portfolio assets. If the Adviser’s conclusions about growth rates or securities values are incorrect, the strategy may not perform as anticipated.
Key Definitions:
Index – Russell 1000 Value- Market-capitalization weighted index of those firms in the Russell 1000 with lower price-to-book ratios and lower forecasted growth values. TR indicates “Total Return” Index – S&P 500 – A market capitalization-weighted index of 500 widely held stocks often used as a proxy for the stock market TR indicates “Total Return”. Active share. The fraction of a fund’s portfolio holdings that deviate from the benchmark index. The active share of a mutual fund ranges from zero (pure index fund) to 100% (no overlap with the benchmark). Upside Capture Ratio – measures a manager’s performance in up markets relative to the market (benchmark) itself. It is calculated by taking the security’s upside capture return and dividing it by the benchmark’s upside capture return. Downside Capture Ratio – The downside Capture Ratio measures the manager’s performance in down markets. A down-market is defined as those periods (months or quarters) in which market return is less than 0. In essence, it tells you what percentage of the down-market was captured by the manager. For example, if the ratio is 110%, the manager has captured 110% of the down-market and therefore underperformed the market on the downside. Live Model – A model that has been managed in real-time, using published data, in accordance with the original parameters of the strategy, and sold to clients for their use since inception. Since Inception – Prior to 2015, the Live model was managed by the same team through an affiliated company, Applied Finance Group. Total Assets – Total Assets includes Separately Managed Accounts and Assets Under Advisement