New York, NY, September 3, 2013 – Catalyst Funds announced today the conversion of the Harbor Assets LLC hedge fund into the Catalyst Hedged Futures Strategy Fund (Tickers: HFXAX, HFXCX & HFXIX). The Fund seeks to take advantage of market volatility to provide capital appreciation and capital preservation in all market conditions, with low volatility and low correlation to the US equity market.
“I’m pleased to be able to offer the fund I have been managing for the last seven years to a broader investor base that may benefit from the strategy” said Ed Walczak, founder and senior portfolio manager of the Fund.
“We are very excited to be able to bring this unique fund into the Catalyst Funds family and to have such an experienced investment professional as Ed Walczak join our team”, stated Jerry Szilagyi, president of the Catalyst Funds. “I believe there is a growing need in the marketplace for this type of investment”.
The Fund was launched in December 2005 and has been able to generate positive returns in every year since its inception:
|Average Annualized Total Return Performance (as of June 30, 2013)
|Class A without Sales Charge
|Class A with Sales Charge
|S&P 500 Total Return
There is no assurance that the Fund will achieve its investment objective.
The Fund’s maximum sales charge for Class “A” shares is 5.75%. Investments in mutual funds involve risks. Performance is historic and does not guarantee future results. Investment return and principal value will fluctuate with changing market conditions so that when redeemed, shares may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain the most recent month end performance information or the fund’s prospectus please call the fund, toll free at 1-866-447-4228. You can also obtain a prospectus at www.CatalystMF.com.
The Catalyst Hedged Futures Strategy Fund can be purchased through investment advisors, online at www.CatalystMF.com or by calling 866-447-4228. There is no guarantee that any investment strategy will achieve its objectives, generate profits or avoid losses.
About Catalyst Funds
Catalyst Funds currently offers 14 distinctive funds that provide various strategies for producing income- and equity-oriented returns while controlling risk and volatility. We offer these exclusive strategies through a team of in-house portfolio managers and boutique institutional investment management partners. At Catalyst, we strive to provide innovative strategies to support financial advisors and their clients in meeting the investment challenges of an ever changing global market environment.
Investing in the Fund carries certain risks. The value of the Fund may decrease in response to the activities and financial prospects of an individual security in the Fund’s portfolio. The Fund is nondiversified and may invest a greater percentage of its assets in a particular issue and may own fewer securities than other mutual funds. The performance of the Fund may be subject to substantial shortterm changes. There are risks associated with the sale and purchase of call and put options. These factors may affect the value of your investment.
Please consider the Fund’s investment objectives, risks, and charges carefully before investing. This and other important information about the Catalyst Funds can be found in the Fund’s current prospectus, which may be obtained by calling your Financial Advisor or shareholder services at 1‐866‐447-4228. Please read the prospectus carefully before investing. The Catalyst Funds are distributed by Northern Lights Distributors, LLC, member FINRA.
Performance shown before September 2013 is for the Fund's predecessor limited liability company (Harbor Assets, LLC). The prior performance is net of management fees and other expenses including the effect of the performance fee. The Fund has been managed in the same style and by the same portfolio manager since the predecessor limited liability company's inception on December 16, 2005. The Fund's investment goals, policies, guidelines and restrictions are, in all material respects, equivalent to the predecessor limited liability company's investment goals, policies, guidelines and restrictions. From its inception on December 16, 2005 through the date of this prospectus, the predecessor limited liability company was not subject to certain investment restrictions, diversification requirements and other restrictions of the 1940 Act of the Code, which if they had been applicable, might have adversely affected its performance. In addition, the predecessor limited partnership was not subject to sales loads that would have adversely affected performance. Performance of the predecessor fund is not an indicator of future results.
S&P 500 Total Return Index is considered to be generally representative of the U.S. large capitalization stock market as a whole.