Good Harbor Financial, a Chicago‐based investment manager, was founded by Neil Peplinski in 2003 and is the SEC Registered Investment Adviser subsidiary of Cedar Capital. The firm focuses its efforts on the management of alternative, tactical and flexible mandate investment solutions for institutions, family offices, private clients and their financial advisors. The firm manages or advises approximately $5 billion.
The Good Harbor Tactical Core US Fund seeks to align capital systematically and actively with the stock market during bull markets and to move defensively to bonds during sustained bear markets.
This long‐only flexible strategy is designed to give equity investors the potential for a better risk‐reward relationship with a focus on risk management.
The underlying premise of the strategy is that equity prices are driven by changes in Equity Risk Premiums and that these premiums vary with time and the business cycle. Equity Risk Premium is a term used to describe the excess return that the market provides over a risk‐free rate. The excess return compensates investors for taking on the relatively higher risk of the equity market. The Adviser believes that during periods of market stress and exuberance stock price variation is due almost exclusively to changing Equity Risk Premiums rather than company earnings or expected profits. By monitoring inputs such as market momentum, general economic conditions and US Treasury bond yields at different maturities, the Adviser seeks to identify times when equity exposure is more or less favorable and adjust the portfolio allocation accordingly. At any given time, the Fund’s Portfolio will be invested in all equities, all treasuries or among equities and treasuries.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Good Harbor Tactical Core US Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at www.ghf-funds.com or by calling 877-270-2848. The prospectus should be read carefully before investing. The Good Harbor Tactical Core US Fund is distributed by Northern Lights Distributors, LLC, member FINRA.
There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.
Mutual Funds involve risks including the possible loss of principal.
ETF, ETN and Mutual Funds are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. ETF, ETN and Mutual Funds are subject to issuer, fixed-income and risks specific to the fund. The Fund may invest in fixed income securities, including US Government Securities which are subject to changing financial conditions. Issuers may not make principal payments resulting in losses to the Fund. Market conditions could cause these securities to fall in tandem, creating correlation risk.
Leveraged ETFs and borrowing magnifies the potential for loss and exposes the Fund to interest expenses on money borrowed. The Fund may invest in derivatives and losses may result from the Fund’s investment in swaps, options, and futures. These instruments may be illiquid, difficult to value and leveraged so that small changes may produce disproportionate losses.
Structured notes involve tracking risk, issuer default risk and may involve leverage risk. The Fund may invest directly or through ETFs in companies of any size capitalization, which may present more abrupt or erratic market movements than larger companies. As a non-diversified fund, the Fund may invest more than 5% of its total assets in the securities of one or more issuers. A higher portfolio turnover will result in higher transactional and brokerage costs and may result in higher taxes.