NAA Opportunity Fund P (SAOSX)

Fund Assets	36.09M
Expense Ratio	1.74%
Min. Investment	$2,500
Turnover	306.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	30.47
YTD Return	-4.57%
1-Year Return	-6.33%
5-Year Return	23.39%
52-Week Low	21.77
52-Week High	34.26
Beta (5Y)	n/a
Holdings	409
Inception Date	May 1, 2015

About SAOSX

Under normal market conditions, the fund pursues its objective by investing in long and short positions of domestic equity and equity-related securities. The fund will ordinarily hold simultaneous long and short positions in equity securities or securities markets that provide exposure up to a level equal to 150% of the fund’s net assets for both the long and short positions.

• Fund Family: New Age Alpha Advisors LLC
• Category: Long-Short Equity
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: SAOSX
• Share Class: P
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

SAOSX had a total return of -6.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.46%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
SAOIX	Institutional	1.49%
SAOAX	A	1.74%
SAOCX	C	2.50%

Top 10 Holdings

51.79% of assets

Name	Symbol	Weight
United States Treasury Bills 0%	B.0 02.26.26	21.34%
Money Market Funds	n/a	14.93%
Short Term Investments - Other	n/a	4.95%
Total Return Swap	n/a	2.06%
Total Return Swap	n/a	1.56%
Total Return Swap	n/a	1.47%
Total Return Swap	n/a	1.39%
Bristol-Myers Squibb Company	BMY	1.38%
Total Return Swap	n/a	1.38%
Exxon Mobil Corporation	XOM	1.33%