RNEAX – Rational/RGN Hedged Equity A Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. The fund aims to provide a higher return, lower-risk alternative with minimal tracking error to a long-only S&P 500 Index. It aims to achieve its investment objective by combining two complementary investment strategies: 1) a long-only equity portfolio designed to approximate the performance of the S&P 500 Index, and 2) an overlay component designed to reduce risk and enhance return that makes investments in futures, forwards, options contracts and foreign currency via Foreign Exchange. The fund 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
RNEIX	Rational/RGN Hedged Equity Fund Institutional Class	Institutional	Open	—		Sep 27, 2024	$62.44M	2.040%	High	$1,000	$45.87M
RNEAX	Rational/RGN Hedged Equity Fund Class A	Front Load	Open	—		Sep 27, 2024	$1.42M	2.290%	High	$1,000	$1.34M
RNECX	Rational/RGN Hedged Equity Fund Class C	Level Load	Open	—		Sep 27, 2024	$180,645.00	3.040%	High	$1,000	$157,579.16

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