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The biblically responsible Issachar Fund (ticker: LIONX) helped provide investors some relief from the brunt of the recent market selloff by actively managing risk.
Lafayette, Louisiana, April 15th, 2020– The biblically responsible Issachar Fund (ticker: LIONX) helped steer its investors away from steep losses during the recent stock market crash through the experienced active management of the fund’s manager, Dexter Lyons.
During the first quarter of 2020, the S&P 500 fell sharply with a -19.60% loss, bringing the eleven-year long bull market to an end. During that same time-period, LIONX posted a positive return of 1.34%, outperforming the S&P 500 by 20.94% and helped investors sidestep deep losses in the broader market.
LIONX also bested by 8.62% its primary benchmark the IQ Hedge Multi-Strategy Index, which delivered -7.28% losses in Q1 2020. Over longer timeframes, LIONX has also performed favorably relative to its primary benchmark, beating out the IQ Hedge Multi-Strategy Index on 1 year, 5 year and since inception (2/28/2014) basis, though it has lagged the S&P 500 on 5 year and since inception timeframes.
The Issachar Fund’s performance has earned it a 4-star rating from Morningstar.com over both a three-year and five-year period. Morningstar ratings are based on risk-adjusted returns net-of-fees compared to 221 funds in the Tactical Allocation category over three years and 173 funds in the Tactical Allocation category over five years as of April 8th, 2020.
Dexter Lyons, portfolio manager of LIONX had this to say, “As a Portfolio Manager, I try to focus on getting base hits when market opportunities present themselves, instead of swinging for the fences at the risk of striking out. I attempt to limit those potential losses by managing risk and seek to identify opportunities that will grow assets conservatively over time.”
|Q1 2020||1 Year||5 Year||Since 2/28/2014|
|Issachar Fund (LIONX)||1.34%||6.68%||1.85%||2.39%|
|IQ Hedge Multi-Strategy Index||-7.28%||-2.70%||0.81%||1.44%|
|S&P 500 Index||-19.60%||-6.98%||6.73%||7.74%|
The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 866-787-8355. Total annual fund operating expenses are 3.38%. Total annual fund operating expenses after fee waiver and expense reimbursement are 1.98% (The Fund’s adviser has contractually agreed to waive management fees and make payments to limit Fund expenses until January 31, 2021, so that total annual operating expenses do not exceed 1.70%, subject to recoupment from the Fund within three years).
ABOUT THE ISSACHAR FUND (TICKER: LIONX)
The Issachar Fund (LIONX) seeks to provide investors with the liquidity, convenience, and ease of access of a mutual fund, combined with the institutional risk management qualities of a hedge fund. LIONX is a diversified, tactically managed mutual fund that seeks to provide moderate capital appreciation consistent with capital preservation in an attempt to limit life-altering market declines. To learn more about the LIONX approach to actively managing risk, visit www.IssacharFund.com.
Lyons describes how he developed his approach to active risk management of investment portfolios, “While working as a diesel mechanic in the late ’80s, I lost over half of my savings during a two-week period to a stockbroker with an apparent conflict of interest. It was at that moment I decided that I would make every attempt to avoid this happening to me again. I studied the stock market and technology extensively in college and tried to figure out how I lost so much money in such a short period of time. My thinking at the time was, if I lost it, then that meant someone found it. That really intrigued me.
I have used sophisticated models and systems through the years and have come to one basic conclusion. Computer models and systems work until they don’t, and no one rings a bell to tell you when the model quits working. Nothing can replace the grace, wisdom and common sense that God freely gives us. I want to share my 30 plus years of hard work and lessons learned with the shareholders of the Issachar Fund.”
BIBLICALLY RESPONSIBLE INVESTING
As an affiliate of globally recognized biblically responsible investing firm Inspire Investing, the Issachar Fund is committed to investing in positive companies making the world a better place and avoiding investments in companies involved in unethical and immoral business practices. We believe this is the right thing to do, both for the world and for portfolio returns.
To accomplish this LIONX uses Inspire Investing’s “Inspire Impact Score™”, a proprietary faith-based, environmental, social and governance (ESG) screening methodology, that aligns with biblically responsible investing (BRI) best practices. You can learn more about the Inspire Impact Score, including LIONX’s current score at www.inspireinsight.com.
To learn more about the Issachar Fund, including fact sheets and performance data, visit www.IssacharFund.com.
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IMPORTANT RISK INFORMATION
Investors should carefully consider the investment objectives, risks, charges and expenses of the Issachar Fund (LIONX). This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 1-866-787-8355. The prospectus should be read carefully before investing. The Fund is distributed by Northern Lights Distributors, LLC, member FINRA/ SIPC. Horizon Capital Management Inc. is not affiliated with Northern Lights Distributors, LLC.
Mutual Funds involve risks including the possible loss of principal. An investment in the Fund may not be appropriate for all investors. The Fund may hold cash positions when the Adviser feels that the market is not producing returns greater than the short-term cash investments in which the Fund may invest. There is a risk that the sections of the market in which the Fund invests will begin to rise or fall rapidly and the Fund will not be able to sell stocks quickly enough to avoid losses or reinvest its cash positions into areas of the advancing market quickly enough to capture the initial returns of changing market conditions. If the Fund uses hedging instruments at the wrong time or judges market conditions incorrectly, the hedge might be unsuccessful, reduce the Fund’s investment return, or create a loss. The Adviser’s judgment about the attractiveness, value and potential appreciation of particular asset classes and securities in which the Fund invests may prove to be incorrect and may not produce the desired results.
Biblical Responsible Investing (BRI) describes the activities of Christian investors who purposely align their investment choices to support their Christian values. LIONX is also ESG (Environmental Social Governance) conscious, pro-life and pro-family. The Inspire Impact Score is a faith-based ESG (environment, social, governance) security selection methodology that seeks to identify the most inspiring, biblically aligned companies in the world.
S&P 500 Index is an unmanaged composite of 500 large-capitalization companies. IQ Hedge Multi-Strategy Index seeks to replicate the risk-adjusted return characteristics of the collective hedge funds using various hedge fund investment styles, including long/short equity, global macro, market neutral, event-driven, fixed income arbitrage and emerging markets. Investments cannot be made in an index. Unmanaged index returns do not reflect any fees, expenses or sales charges.
©2020 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. The Morningstar Rating TM for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity, and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. 3441-NLD-4/9/2020