About MOJAX
The Donoghue Forlines Momentum Fund Class A is an open-end mutual fund designed to pursue capital growth as its primary objective, with a secondary focus on income generation. This fund employs a rules-based, tactical strategy that seeks to capture opportunities by investing in U.S. equities demonstrating strong, risk-adjusted momentum, while also applying overlays to reduce exposure in adverse market conditions. The strategy integrates technical indicators—including exponential moving averages—to shift the portfolio between bullish, defensive, or mixed stances, depending on market trends and signals. When fully invested, the fund allocates equally across up to 50 stocks drawn from a broad array of sectors such as technology, healthcare, finance, and consumer goods, ensuring sector diversification and market neutrality. Stocks are screened using rigorous momentum and quality factors over the trailing twelve months. The fund rebalances and reconstitutes quarterly to maintain alignment with its strategy. It is suited for investors seeking disciplined exposure to high-momentum equities, with tactical risk management that aims to help mitigate significant drawdowns during challenging market environments.
Fund Family Donoghue Forlines LLC
Category Tactical Allocation
Performance Rating High
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol MOJAX
Share Class Class A Shares
Index Russell 1000 TR USD
MOJAX had a total return of 46.77% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.28%.
