The Fund strives to provide investors the potential to participate in rising equity markets, while seeking to reduce correlation to equity markets in times of market declines and / or volatility.
Performance (Net of Fees)
as of 12/31/2022
| Annualized Return |
| QTD | YTD | 1 YR | SINCE INCEPTION | ||||
| KAGIX | -0.48% | -8.67% | -8.67% | 5.28% | |||
| S&P 500 TR Index | 7.56% | -18.11% | -18.11% | 6.43% |
Growth of $10,000 (Net of Fees)
Disclosures
Returns for periods greater than one year annualized.
Past performance does not guarantee future results. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost.
Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of any dividend or capital gains distributions. To obtain performance data current to the most recent month-end please call 866.303.8623.
The S&P 500 TR Index is a capitalization weighted index of 500 stocks representing all major domestic industry groups. The S&P 500 TR Index assumes the reinvestment of dividends and capital gains.
Investors may not invest in an index directly; unlike the Fund's returns, an index does not reflect any fees or expenses.
Most recent returns, key statistics, exposures and holdings related data
Overview and track record of the Dynamic Growth Strategy since
2015 that has been implemented
into KAGIX
| A Share | C Share | I Share | ||||
| Ticker Symbol | KAGAX | KAGCX | KAGIX | |||
| CUSIP Number | 56167N290 | 56167N282 | 56167N274 | |||
| Minimum Investment1 | $1,000 | $1,000 | $25,000 |
1 Investment minimums are waived to fee-based advisors and certain other investors.
| A Share | C Share | I Share | |
| Management Fees | 1.25% | 1.25% | 1.25% |
| Distribution and/or Service (12b-1) Fees2 | 0.25% | 1.00% | 0.00% |
| Other Expenses3 | 0.13% | 0.13% | 0.13% |
| Acquired Fund Fees and Expenses4 | 0.13% | 0.13% | 0.13% |
| Total Annual Fund Operating Expenses | 1.76% | 2.51% | 1.51% |
2 The Fund’s distributor may advance to, or reimburse, the Fund 1.00% of the purchase price in connection with 12b-1 fees advanced to authorized broker-dealers on purchases of Class C shares. However, when the distributor makes such a payment, the respective Class C shares are subject to a 1.00% contingent deferred sales charge (“CDSC”) payable to the distributor on shares redeemed prior to the first 12 months after their purchase. Shareholders will be notified at the time of purchase if the shares purchased are subject to this CDSC.
3 Other Expenses have been restated to reflect current fees.
4 Acquired Fund Fees and Expenses are indirect costs of investing in other investment companies. The operating expenses in this fee table do not correlate to the expense ratio in the Fund’s financial highlights because the financial statements include only the direct operating expenses incurred by the Fund and not the indirect costs of investing in other investment companies.
| KAGIX/KAGAX/KAGCX | |
| Summary Prospectus | Download |
| Prospectus | Download |
| Statement of Additional Information (SAI) | Download |
| Annual Report* | Download |
| Semi-Annual Report* | Download |
*These are reports of the Predecessor Funds which reorganized into the Funds.
Mutual fund investing involves risk. Principal loss is possible.
Past performance is no guarantee of future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
Investors should consider the investment objectives, risks, charges and expenses of the Dynamic Growth Fund before investing. This information can be found in the Fund's prospectus which should be read carefully. There is no guarantee the Fund will achieve its investment objectives. There is no guarantee any investment strategy will generate a profit or prevent a loss.
High portfolio turnover may result in higher transaction costs and higher taxes when Fund shares are held in a taxable (non-qualified) account. Such costs are not reflected in annual Fund operating expenses and may affect the Fund’s performance. An investment in the Fund involves risk. There is no guarantee that the Fund will meet its investment objectives. Please see the Fund Document tab on the website for complete information relating to risks and expenses of the Fund.
Investing in a mutual fund involves risk, including loss of principal. Risks specific to the Dynamic Growth Fund are detailed in the prospectus and include Management Risk, Equity Securities Risk, Mark Risk, Underlying Funds Risk, Non-Diversification Risk, Small and Mid-Capitalization Companies Risk, Turnover Risk, U.S. Government Securities Risk and Models and Data Risk.
For details regarding each risk, please see the Fund's prospectus. Kensington Asset Management, LLC is the adviser to the Dynamic Growth Fund, distributed by Quasar Distributors, LLC. Member FINRA/SIPC. Kensington Asset Management, LLC is not affiliated with Quasar.
Subscribe to receive our insights below:
Mutual Fund investing involves risk. Principal loss is possible.
Past performance is no guarantee of future results. The investment return and principal value of an investment in the Funds will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
This website is for informational purposes only and should not be construed as a solicitation to buy or sell, or to invest in any investment product or strategy. Investing in securities markets involves risk and the degree of risk varies by the type of investment or strategy. For a complete list of the risks associated with each of our Strategies, please review the Strategy Brochure and Factsheet. Materials such as blog posts, newsletters or commentary may contain information deemed to be correct and appropriate at a given time but may not reflect our current views or opinions due to changing market conditions. No information provided on this website should be viewed as, or used as a substitute for individualized investment advice.
Advisory services offered through Kensington Asset Management, LLC.
Kensington Asset Management, LLC is the Adviser to the Managed Income Fund, the Dynamic Growth Fund and the Active Advantage Fund, distributed by Quasar Distributors, LLC. Member FINRA/SIPC. Kensington Asset Management, LLC is not affiliated with Quasar.
Copyright © 2022 Kensington Asset Management, LLC. All rights reserved.