Longboard Managed Futures Strategy Fund Cl A (WAVEX)

The Longboard Managed Futures Strategy Fund (WAVEX) is a mutual fund that aims to provide investors with exposure to the managed futures market. This fund is classified as a Class A fund, meaning it is designed for individual investors and has a front-end sales charge. Managed futures involve investing in futures contracts, which are agreements to buy or sell an asset at a predetermined price in the future. This strategy allows the fund to potentially profit from both rising and falling markets. The fund is managed by Longboard Asset Management, a firm that specializes in alternative investment strategies. Investors in this fund may benefit from diversification and potential returns from the managed futures market.