Expenses & Terms

1. What share classes are offered?

ATACX offers an investor class/A share class.

2. Is the Fund no-load?

Yes. ATACX is a no-load fund.

3. What are the expenses of the Fund?

ATACX – Gross expense ratio: 2.53%. Net expense ratio: 2.45%. Note this includes the acquired Fund fees on the ETFs in the portfolio.

The Advisor has contractually agreed to reimburse the Fund for its operating expenses, and may reduce its management fees, in order to ensure that Total Annual Fund Operating Expenses (excluding acquired fund fees and expense of 0.21%, brokerage commissions, interest, taxes and extraordinary expenses) do not exceed 1.74% of the average daily net assets of the Fund through December 28, 2017.

4. What platforms is the Fund available on?

ATACX is available on most major brokerage platforms, including, but not limited to, Fidelity, Vanguard, Schwab, TD Ameritrade, Securities America, Scottrade, E*trade, UBS and Folio.

5. What is the minimum investment?

The minimum initial investment is $2,500.

6. What type of tax reporting will I get when investing in the Fund?

When investing in ATACX, investors will receive a Form 1099 from their broker on an annual basis.

7. How often does the fund pay a dividend and when is it paid?

The Fund pays dividends annually in December based on accumulated dividends throughout the year from holdings. There may also be a capital gains distribution based on trading gains and losses.


Diversification does not assure a profit nor protect against a loss in a declining market.

Mutual fund investing involves risk. Principal loss is possible. Because the Fund invests primarily in ETFs, it may invest a greater percentage of its assets in the securities of a single issuer and therefore is considered non-diversified. If a Fund invests a greater percentage of its assets in the securities of a single issuer, its value may decline to a greater degree than if the fund held were a more diversified mutual fund. The Fund is expected to have a high portfolio turnover ratio which has the potential to result in the realization by the Fund and distribution to shareholders of a greater amount of capital gains. This means that investors will be likely to have a higher tax liability. Because the Fund invests in Underlying ETFs an investor will indirectly bear the principal risks of the Underlying ETFs, including but not limited to, risks associated with investments in ETFs, large and smaller companies, real estate investment trusts, foreign securities, non-diversification, high yield bonds, fixed income investments, derivatives, leverage, short sales and commodities. The Fund will bear its share of the fees and expenses of the underlying funds. Shareholders will pay higher expenses than would be the case if making direct investments in the underlying funds. 

The Fund’s investment objectives, risks, charges, expenses and other information are described in the statutory or summary prospectus, which must be read and considered carefully before investing. You may download the statutory or summary prospectus or obtain a hard copy by calling 855-ATACFUND or visiting www.atacfund.com. Please read the Prospectuses carefully before you invest.

Duration is a commonly used measure of the potential volatility of the price of a debt security, or the aggregate market value of a portfolio of debt securities, prior to maturity. Securities with a longer duration generally have more volatile prices than securities of comparable quality with a shorter duration.

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.

While the fund is no-load, management and other expenses still apply.

The Fund is only offered to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of our Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.