Salient Trend Fund Class I (SPTIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Managed futures
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long term capital appreciation with low correlation to traditional core equity and bond market exposures. The fund invests both long and short primarily in futures contracts- equities- debt instruments- exchange-traded funds ("ETFs")- exchange-traded notes ("ETNs")- and other financially-linked derivatives and instruments in order to gain exposure to momentum. It will also hold a large portion of its assets either directly or indirectly in cash- money market instruments or other cash equivalents- some of which will serve as margin or collateral for the fund's futures contracts or other derivatives positions. The fund is non-diversified.


1 month-5.40% 3 years-8.33%
3 months-3.79% 5 years+0.23%
1 year-12.01% Since inception+1.59%
Data through --

Peer Comparisonvs. Managed futures

Performance 5-yr return+0.23%+2.12%
Expense ratio2.13%1.95%
Risk 5 year sharpe ratio-0.010.16
Net assets$12.7M$514.2M
Average market cap$157.2B--
Average P/E22.8--
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familySalient Funds
Fund manager & tenureRoberto Croce / 5 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--


U.S. stock76.26%
Fixed income33.15%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.