AXSPX – AXS Adaptive Plus I Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation in rising and falling U.S. equity markets. Under normal market conditions, the fund seeks to achieve its investment objective by investing in equity-linked call options or swaps that provide exposure to the ProfitScore Capital Management, Inc. (“ProfitScore”) trading program (the “Trading Program”) which is designed to produce the returns of the ProfitScore Regime-Adaptive Long/Short Equity Index. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
AXSPX	Axs Adaptive Plus Fund Class I	Institutional	Open			Sep 15, 2022	$35.33M	1.990%	High	$5,000	−$6.52M

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