About SUNBX
Spectrum Unconstrained Fund Investor Class is a mutual fund designed to pursue total return through a highly flexible and diversified investment approach. Its primary function is to invest in a wide array of fixed income exchange-traded funds (ETFs) and mutual funds, covering both investment-grade and non-investment-grade securities. The fund utilizes a global strategy, including exposure to foreign and emerging markets, and does not impose restrictions on issuer type, geographic location, capitalization, credit quality, or maturity of holdings.
A distinguishing feature of this fund is its ability to dynamically adjust its allocation based on prevailing market conditions. The sub-adviser employs technical strategies such as trend-following, momentum, and relative strength to gauge favorable or unfavorable environments, using a combination of leverage and risk controls as conditions change. Derivatives—including futures, options, swaps, and currency forwards—are integral tools for implementing views, managing risk, or gaining synthetic market exposure. The fund may focus on high-yield or "junk" bonds when risk environments are constructive, and conversely, shift toward capital preservation and cash during adverse periods. Spectrum Unconstrained Fund Investor Class thus plays the role of a flexible, opportunistic strategy within the fixed income category, aiming to adapt to diverse economic climates while seeking optimized risk-adjusted returns.
Fund Family Advisors Preferred
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol SUNBX
Share Class Investor Class Shares
SUNBX had a total return of 5.54% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.55%.
