About SVARX
Spectrum Low Volatility Fund is a mutual fund that seeks total return with lower downside volatility and risk compared to major stock market indices. It invests primarily in a diversified portfolio of income-producing fixed income securities, including preferred stock, through mutual funds and exchange-traded funds focused on fixed rate or floating rate instruments across global markets, without restrictions on issuer type, country, capitalization, credit quality, or maturity. The fund employs active management of fixed income sectors such as mortgage-backed securities, municipals, preferred securities, floating rate notes, and high-yield bonds, using proprietary models to adjust allocations dynamically. Notable features include selective use of leverage via swap contracts and borrowing during favorable conditions, hedging against interest rate risk and credit spreads, and long/short strategies with inverse ETFs to mitigate downside exposure. The sub-adviser applies technical strategies like trend-following and momentum to domestic and international bond markets, emphasizing capital preservation in unfavorable environments while pursuing opportunistic trading for capital appreciation and interest income. Launched in 2013, Spectrum Low Volatility Fund plays a role in the nontraditional bond category, offering investors flexible access to global fixed income opportunities with a focus on managed risk.
Fund Family Advisors Preferred
Category Flexible Portfolio
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol SVARX
Share Class Investor Class Shares
Index Morningstar LSTA US Leveraged Loan 100 TR USD
SVARX had a total return of 3.89% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.80%.
