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Salient Commodity Long/Short Strategy Fund (FTEZX)

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Net Asset Value
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1 Day
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Year-to-Date
Overall Morningstar Rating
Managed futures
Style or Category
No Load
Sales Expenses
2.01%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long term total return. The fund employs an investment approach that makes both long and short investments in the commodity markets. Commodities are assets that have tangible properties, such as oil, metals, and agricultural products. The fund's investment approach is also used to gain exposure to momentum, which is defined as the continuation of recent price trends across a variety of global markets and asset classes and entails the fund establishing long positions in securities that have had positive recent returns and short positions in securities that have had negative recent returns. The fund is non-diversified.

Performance

1 month-2.53% 3 years-8.02%
3 months-5.45% 5 years--
1 year-21.46% Since inception-9.23%
Data through --

Peer Comparisonvs. Managed futures

 FTEZXCategory
Performance 5-yr return---0.68%
Expense ratio2.01%2.00%
Risk 5 year sharpe ratio-0.80-0.09
Net assets$5.1M$599.8M
Average market cap----
Average P/E----
Portfolio turnover44%44%

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Fund Management and Purchase Info

Fund familyForward Funds
Fund manager & tenureNathan Rowader / 5 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

Cash127.98%
U.S. stock0.00%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.

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