LONGX : Longboard Alternative Growth Fund Class I

Fund Summary

The investment seeks long-term capital appreciation. Under normal market conditions, the fund pursues its investment objective by investing in domestic equity and equity-related instruments. It invests in securities of issuers of any capitalization and in any style (from growth to value). The fund will routinely invest more than 5% of its assets in short-term fixed income securities and cash or cash equivalents including, but not limited to, money market instruments, U.S. treasury bills, or shares of money market or short-term bond funds. It is non-diversified.