Teton Valley Fund
The Intelligent Hedge
The pure, short-only mutual fund option for the investor who wants flexibility, liquidity and risk control without any additives.
Mutual Funds involve risk including the possible loss of principal. The fund may invest in debt securities to cover its short positions. Debt securities are subject to interest rate risk. As a result of the Fund’s short selling investment strategy, the Fund will set aside in a segregated account a significant portion of its assets in liquid securities to collateralize its short positions. Accordingly, the segregation of a large portion of the Fund’s assets to collateralize its short positions could impede portfolio management or the Fund’s ability to meet redemption requests or other current obligations without liquidating short positions, which could result in additional costs. Short positions may be considered speculative transactions and involve special risks. The costs with selling securities short may reduce returns.
There are risks with investing in Medium Capitalization company stocks which may be subject to more abrupt market movements than larger more established companies. A higher portfolio turnover could result in higher transactional and brokerage costs. The fund is a new fund and has a limited history of operations for investors to evaluate.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Teton Valley Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at www.tetonfunds.com or by calling 844-838-6683. The prospectus should be read carefully before investing. The Teton Valley Fund is distributed by Northern Lights Distributors, LLC member FINRA.