The Fund seeks to provide high current income and capital appreciation.
|Investor Class||Institutional Class|
|Inception Date||January 31, 2012||February 1, 2013|
|Distributions||Dividends distributed quarterly, Capital Gains distributed annually|
|Assets||Debt instruments, preferred securities, derivatives, equities|
|Statement of Additional Information|
|Supplement to the Prospectus and Statement of Additional Information - 11/12/2013|
|Supplement to the Prospectus and Statement of Additional Information - 11/26/2014|
|Prospectus Supplement - 03/24/2014|
|New Account Application|
|IRA Transfer Form|
|XBRL Filing (zip)|
Before investing, please read the prospectus carefully. You may obtain a free, hard copy of the prospectus by calling 1-877-568-7633.
Ziegler Capital Management, LLC is the Advisor to the Ziegler Strategic Income Fund, which is distributed by Quasar Distributors, LLC.
The Fund may lose money if the strategy does not achieve Fund’s objective or implement the strategy properly. The value of securities may fluctuate rapidly and sometimes unpredictably. A credit default swap enables an investor to buy or sell protection against a credit event in which the Fund may have to pay the counterparty or receive no benefit for the premium paid. The Fund will suffer a loss if it sells a security short and the value of the security rises rather than falls and potentially have unlimited risk.
The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.
Derivatives can be highly volatile, illiquid and difficult to value, and there is a risk that changes in the value of a derivative will not correlate with the Fund’s other investments. Gains or losses from speculative positions in a derivative may be much greater than the derivative’s original cost and potential losses may be substantial. Put or call options may lose the premium, have decreased liquidity, or could be exercised at a higher price or lower price than its prevailing market value. Options are highly specialized activities and entail greater than ordinary investment risks.
The Fund’s portfolio turnover rate will likely exceed 100% per year, which will produce higher transaction costs, increase realized gains (or losses) to investors, and may lower after-tax performance. The Fund may experience periods where a position is more difficult to sell at or near their perceived value. Real Estate Investment Trusts (REITs) may be affected by economic conditions including credit risk, interest rate risk and other factors that affect property values, rents or occupancies of real estate.
The Fund is offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.