CADAX : Cavalier Adaptive Income Fund C Class

Fund Summary

The investment seeks total return through a combination of capital appreciation and current income. The fund's portfolio managers seek to achieve the fund's investment objective of total return by investing primarily in fixed income securities. It may invest in fixed income securities of any maturity and any credit rating, including below investment grade securities (commonly referred to as "junk"), bonds of issuers in default, and unrated bonds. The fund may invest up to 15% of its net assets in illiquid investments.