Huntington, NY – March 23, 2016
Catalyst Funds is pleased to announce that the Catalyst/Lyons Tactical Allocation Fund has received a 2016 Lipper Fund Award for class A shares (CLTAX) in the Flexible Portfolio category.
“We are proud to achieve this award in our first three calendar years of track record,” said Sander Read, CEO of Lyons Wealth Management, LLC, the fund’s subadvisor. “The recognition as Best Flexible Portfolio Fund is a testament to our investment philosophy as value investors with a defensive component.”
The award is based on Effective Return among 133 peers for the 3-year period ending November 30, 2015.
“We feel this award is a reflection of our tactical approach,” added Matt Ferratusco, co-portfolio manager of the fund. “Remaining fully invested in equities for over three years, despite several sharp market pullbacks, has demonstrated the benefit of our less-reactive tactical model.”
The fund’s Institutional share class (CLTIX) is a 5-star fund in Morningstar’s Large Blend category. The rating is based on risk-adjusted, cost-adjusted return for the 3 year period ending 2/29/16 out of 1,399 funds in the category. The Large Blend peer group placement is a result of the fund’s sustained allocation to equities for the 3 year measurement period, and reflects the performance of the fund’s value investing methodology.
The Thomson Reuters Lipper Fund Awards are presented to the Lipper Leader with the highest Consistent Return (Effective Return) value within each fund category. Awards are given separately for three, five, and ten year time periods. Information about the Lipper Fund Award calculation methodology may be found at http://www.lipperfundawards.com/Awards/UnitedStates. The Awards are presented annually at the Lipper Alpha Forum to honor funds that have excelled at consistently providing strong risk- adjusted performance relative to peers.
To learn more about the Catalyst/Lyons Tactical Allocation Fund, contact:
Catalyst Funds Advisor Services
Lyons Wealth Management, LLC
There is no assurance that the Fund will achieve its investment objective.
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 non- diversified 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 short-term changes. Interest rate risk is the risk that bond prices overall, including the prices of securities held by the Fund, will decline over short or even long periods of time due to rising interest rates. These factors may affect the value of your investment. To obtain the most recent month-end performance data or the Fund's current prospectus, please call the fund at (866) 447-4228.
An investor should consider the Fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the Catalyst Funds can be found in the Fund's prospectus. Please read the prospectus carefully before investing. The Catalyst Funds are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC.
Morningstar is an independent provider of financial information. Morningstar performance rankings are based on total return without sales charge relative to all share classes of mutual funds with similar objectives and determined by Morningstar. The top 10% of the funds in a rating universe receive five stars, the next 22.5% receive four stars, the next 35% receive three stars, the next 22.5% receive two stars and the bottom 10% receive one star. Past performance or ranking is not indicative of future results.
Lipper Fund Classification Awards
The currency for the calculation corresponds to the currency of the country for which the awards are calculated and relies on monthly data. Classification averages are calculated with all eligible share classes for each eligible classification. The calculation periods extend over 36, 60, and 120 months. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over three, five, or 10 years. For a detailed explanation, please review the Lipper Leaders methodology document on www.lipperalpha.financial.thomsonreuters.com.
Fund classification awards are given to the company that has the day-to-day responsibility of investing and monitoring the assets under management within the fund’s portfolio in order to achieve the investment objectives of the fund. This company is also referred to as a portfolio management company or investment advisor. The award goes to the fund management company in case that no such company has been appointed or several such companies share the task.
US local classifications are used in the United States, rather than Lipper Global classifications. Only one share class (the one with the best Lipper Leader score) is used for each portfolio in determining asset class and overall awards. The calculation periods end at November-end of the respective evaluation year.