Last week, the gold spot price rose 2.17% with a weakening U.S. Dollar Index. The Gold Bullion Strategy Fund (QGLDX) gained 2.21% for the week. The prices of short-duration fixed-income ETF holdings were lower, on average, last week. The value of the COMEX gold futures, which closes early at 1:30 p.m., jumped 2.39% over the week. Over the month of December, The Gold Bullion Strategy Fund (QGLDX) added 2.17%.
Note: The decline experienced by the net asset values (prices) of The Gold Bullion Strategy Fund on December 26 was the result of dividends declared, which reflects the great gains experienced by the Fund this year. This update is reflected here.
|Fund (Inception)||Symbol||Qtr Ending 9/30/18||YTD Ending 9/30/18||1 Year Ending 9/30/18||3 Year Ending* 9/30/18||5 Year Ending* 9/30/18||Since * Inception Ending 9/30/18||Annual Expense Ratio|
|The Gold Bullion Strategy Fund (7/5/13)||QGLDX||(5.21%)||(10.43%)||(9.53%)||0.24%||(3.98%)||(2.51%)||1.54%|
|Quantified Managed Income Fund (8/9/13)||QBDSX||1.61%||(1.05%)||(0.22%)||3.12%||1.67%||1.58%||1.78%|
|Quantified All-Cap Equity Fund (8/9/13)||QACFX||7.02%||7.53%||13.46%||12.70%||7.75%||7.27%||1.51%|
|Quantified Market Leaders Fund (8/9/13)||QMLFX||6.48%||10.20%||16.48%||14.41%||9.35%||8.95%||1.69%|
|Quantified Alternative Investment Fund (8/9/13)||QALTX||2.43%||(3.48%)||1.45%||3.89%||2.73%||2.79%||2.10%|
|Quantified STF Fund (11/13/15)||QSTFX||16.32%||14.38%||29.53%||N/A||N/A||18.24%||1.69%|
* Performance for periods of greater than one year are annualized.
As of the most recent prospectus, the expense ratios for the Gold Bullion Strategy Fund are as follows: Investors’ Class (No Load), 1.54%; Class A, 1.54%; Class C, 2.14%. The maximum sales charge imposed on Class A share purchases (as percentage of offering price) is 5.75%. An additional 2% redemption fee applies to all share classes, including Investors’ Class, when shares are redeemed within 7 days of purchase.
The performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate and an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. To obtain performance data current to the most recent month-end please call 1-855-647-8268.
Risks associated with the Quantified Funds include active frequent trading risk, aggressive investment techniques, small and mid-cap companies risk, counter party risk, depository receipt risk, derivatives risk, equity securities risk, foreign securities risk, holding cash risk, limited history of operations risk, lower quality debt securities risk, convertible bond risk, non-diversification risk, investing in other investment companies (including ETFs) risk, shorting risk, asset backed securities risk, commodity risk, credit risk, interest risk, prepayment risk, mortgage backed securities risk, hedging and leverage risk, preferred stock risk, and MLP and REIT risks. For detailed information relating to these risks, please see prospectus.
The principal risks of investing in The Gold Bullion Strategy Fund are Risks of the Sub-adviser’s Investment Strategy, Risks of Aggressive Investment Techniques, High Portfolio Turnover, Risk of Investing in Derivatives, Risks of Investing in ETFs, Risks of Investing in Other Investment Companies, Leverage Risk, Taxation Risk, Concentration Risk, Gold Risk, Wholly-owned Corporation Risk, Risk of Non-Diversification and interest rate risk. “Gold Risk” includes volatility, price fluctuations over short periods, risks associated with global monetary, economic, social and political conditions and developments, currency devaluation and revaluation and restrictions, trading and transactional restrictions.
An investor should consider the investment objectives, risks, charges and expenses of each Quantified Fund and The Gold Bullion Strategy Fund before investing. This and other information can be found in the Funds’ prospectus, which can be obtained by calling 1-855-647-8268. The prospectus should be read carefully prior to investing in The Quantified Funds or The Gold Bullion Strategy Fund.
There is no guarantee that any of the Quantified Funds or The Gold Bullion Strategy Fund will achieve their investment objectives.
Flexible Plan Investments, Ltd., serves as investment sub-adviser to The Gold Bullion Strategy and Quantified Funds. Advisers Preferred, LLC serves is the Funds’ investment adviser.