Defensive diversifier strategies to drive long-run portfolio performance form the basis of CP ETFs' systematic approach to investing.
LEARN MOREWe seek to manage downside risk with the ability to participate in market upside with a low-correlation diversifier strategy that reduces the impact of advisor and client emotion on portfolio performance.
We follow a continuous, quantitative process to identify, test, and exploit behavioral biases in financial markets to seek optimal performance over the long-run.
We target superior portfolio performance using an evidence-based approach and our own empirical study of market history.
Learn how traditional stock and bond allocations might not ensure optimal portfolio performance in the long run.
Learn how tactical trend following strategies in high yield credit have the potential to improve traditional buy-and-hold portfolios.
Important Risk Information
Investments in the CP High Yield Trend Fund involves risk including possible loss of principal and may not be suitable for all investors. The Fund is new with a limited history of operations. There is no assurance that the Fund’s strategy for allocating assets will achieve its investment objectives. The extent that Authorized Participants (AP) exit the business or are unable to proceed with creation or redemption orders, Fund shares may be more likely to trade at a premium or discount to net asset value and possibly face trading halts or delisting. Issuers of a security and other instruments may not be able to make principal and interest payments when due. Fluctuation in the value of equity securities held by the Fund causes the net asset value of the Fund to fluctuate.
The Fund is structured as an ETF and is subject to risks including, market price variance, trading issues and not being individually redeemable. ETF investments involve advisory and other expenses which will be indirectly paid by the Fund. The Fund’s investments may include ETFs with foreign securities, which are subject to risks beyond those associated with investing in domestic securities. Growth stocks may react differently to market events and are subject to more abrupt market movements. The Fund’s income may decline when yields fall and an increase in rates may cause the value of securities held by the Fund to decline. High yield or ‘junk’ bonds present greater risk than bonds of higher quality. There is no assurance that the Index Provider will compile, compose or calculate the index accurately and the Fund’s performance may diverge from that of the index.
ETF shares are not redeemable with the issuing fund other than in large Creation Unit aggregations. Instead, investors must buy or sell ETF Shares in the secondary market with the assistance of a stockbroker. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling. The NAV of the Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange (“NYSE”), normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). Shares are bought and sold at market price (closing price) not NAV. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined).
An active secondary market for the Fund’s shares may not exist. Although the Fund’s shares will be listed on an exchange, subject to notice of issuance, it is possible that an active trading market may not develop or be maintained. There is no guarantee that distributions will be paid.
Investors should carefully consider the investment objectives, risks, charges and expenses of the CP High Yield Trend Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at www.cpetfs.com or by calling 844-509-2775. The prospectus should be read carefully before investing. The CP High Yield Trend Fund is distributed by Northern Lights Distributors, LLC, member FINRA/SIPC.
3052-NLD-1/14/2020