Wade Tactical L/S Fund – Expense Ratio: 2.29%, no front end or back end sales charge, 1% redemption fee if redeemed within 30 days of purchase
The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Past performance is no guarantee of future results. The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses of the fund, at least until November 30, 2012, to ensure that the net annual fund operating expenses will not exceed 1.99% for the Wade Tactical L/S Fund, subject to possible recoupment from the Fund in future years. Please review the Fund’s prospectus for more detail on the expense waiver. Results shown reflect the waiver, without which the results could have been lower. A Fund's performance, especially for very short periods of time, should not be the sole factor in making your investment decisions. For performance information current to the most recent month-end, please call toll-free 866-950-6934.
Net Asset Value (NAV)
Wade Financial Group, Inc. is an SEC registered investment advisor that has managed investment portfolios for wealthy families and high net worth individuals since 1994. The funds Chief Investment Officer, Jerry B. Wade, CFP®, CFS, began his financial advisory career in 1984 and is one of the most recognized and respected financial advisors in the U.S.
An investor should consider the Fund’s investment objective, risks, charges, and expenses carefully before investing. This and other information about the Wade Tactical L/S Fund is contained in the Fund’s prospectus, which can be obtained by calling 1-866-950-6WFG (1-866-950-6934). Please read the prospectus carefully before investing. The Fund is distributed by Northern Lights Distributors, LLC, member FINRA.
Mutual Funds involve risk including possible loss of principal.
To the extent the Fund invests in Underlying Funds that invest in foreign securities, the Fund could be subject to greater risks because that Fund’s performance may depend on issues other than the performance of a particular company or U.S. market sector. Changes in foreign economies and political climates are more likely to affect that Fund than a mutual fund that invests exclusively in U.S. companies. The value of foreign securities is also affected by the value of the local currency relative to the U.S. dollar.
Short Sale: The sale of shares of a security that the seller does not own. Such sales are made in anticipation of a decline in the price of the security to enable the seller to cover the sale with a purchase at a later date, at a lower price, and thus at a profit. Securities and Exchange Commission rules allow investors to sell short only when a stock price is moving upward. This prevents "pool operators" from driving down a stock price through heavy short-selling, then buying the shares for a large profit.
Emerging Markets Risks: Countries with emerging markets may have relatively unstable governments, social and legal systems that do not protect shareholders, economies based on only a few industries, and securities markets that trade a small number of issues.
Prospectus Disclosure: Investors should carefully consider the investment objectives, risks, charges and expenses of the Wade Tactical L/S Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 1-866-950-6934. The prospectus should be read carefully before investing. The Wade Tactical L/S Fund is distributed by Northern Lights Distributors, LLC member. FINRA.