We offer mutual funds focused on absolute returns, MLPs and pipelines, core equity and concentrated value investing. All adhere to consistent investment disciplines that have served advisors and their clients well over time.
| Fact Sheet | Prospectus | Investment Manager |
|---|---|---|
|
Convergence Core Plus
April 2013 Fact Sheet |
Prospectus | Convergence Investment Partners |
| The Giralda Fund April 2013 Fact Sheet |
Prospectus | Giralda Advisors |
|
Nuance Concentrated Value Fund
First Quarter 2013 - Fact Sheet |
Prospectus | Nuance Investments |
|
Palmer Square Absolute Return Fund
March 2013 Fact Sheet |
Prospectus | Palmer Square Capital Management |
|
Palmer Square SSI Alternative Income Fund
March 2013 Fact Sheet |
Prospectus | Palmer Square Capital Management |
|
Tortoise MLP & Pipeline Fund
March 2013 Fact Sheet |
Prospectus | Tortoise Capital Advisors |
| Tortoise North American Energy Independence Fund April 2013 Fact Sheet |
Prospectus | Tortoise Capital Advisors |
Mutual fund investing involves risk. Principal loss is possible. Montage Investments is an SEC Registered Investment Advisor, which among other things may provide marketing and/or sales related support to its affiliates, none of which are affiliated with Quasar Distributors, LLC, and/or Grand Distribution Services, LLC, and/or Northern Lights Distributors, LLC.
Nuance Concentrated Value Fund; Tortoise MLP & Pipeline Fund; and Convergence Core Plus Fund: Quasar Distributions, LLC, Distributor. Palmer Square Absolute Return Fund; Palmer Square SSI Alternative Income Fund: Grand Distributions Services, LLC, Distributor. The Giralda Fund; Northern Lights Distributors, LLC, Distributor.
The Convergence Core Plus Fund invests in midcap companies which involves additional risk such as limited liquidity and greater volatility than larger capitalization companies. The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The fund regularly makes short sales of securities, which involves unlimited risk including the possibility that losses may exceed the original amount invested. However, a mutual fund investor's risk is limited to one's amount of investment in a mutual fund.
For each fund with at least a three-year history, Morningstar calculates a Morningstar RatingTM (based on a Morningstar Risk Adjusted Return measure that accounts for variation in a fund's monthly performance, including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each 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. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Convergence Core Plus Fund received 5 stars among 1,474 Large Blend Funds for the three-year period ending March 31, 2013.
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