Salient Trend Fund Class I (SPTIX)

12.69
Net Asset Value
+1.28%
1 Day
+6.55%
Year-to-Date
Overall Morningstar Rating
Managed futures
Style or Category
No Load
Sales Expenses
1.73%
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 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. It is non-diversified.

Performance

1 month+3.38% 3 years--
3 months+9.25% 5 years--
1 year+45.03% Since inception+17.70%
Data through --

Peer Comparisonvs. Managed futures

 SPTIXCategory
Performance 5-yr return---0.39%
Expense ratio1.73%2.07%
Risk 5 year sharpe ratio--0.24
Net assets$45.7M$334.7M
Average market cap----
Average P/E----
Portfolio turnover----

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Fund Management and Purchase Info

Fund familySalient Funds
Fund manager & tenureLee Partridge / 2 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income59.53%
U.S. stock23.80%
Cash16.67%
International stock0.00%
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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