ABYAX : Abbey Capital Futures Strategy Fund Class A

Fund Summary

The investment seeks long-term capital appreciation; current income is a secondary objective. The fund allocates its assets between a "Managed Futures" strategy and a "Fixed Income" strategy. The Managed Futures strategy will be achieved by the fund investing up to 25% of its total assets in a wholly-owned and controlled subsidiary of the fund. The Fixed Income strategy invests the fund's assets primarily in investment grade fixed income securities (of all durations and maturities) in order to generate interest income and capital appreciation, which may add diversification to the returns generated by the fund's Managed Futures strategy. It is non-diversified.