Rady Asset Management, LLC

RADY CONTRARIAN LONG/SHORT FUND OVERVIEW

Fund Inception: February 1, 2007

Class A: RADYX Class C: RADCX Class I: RADIX

The Rady Contrarian Long/Short Fund invests in publicly traded securities, primarily mid- to large-capitalization U.S. companies, and seeks to achieve positive and consistent returns while limiting exposure to general stock market downside risk.

Rady invests in “best of breed” dominant companies with profitable, sustainable business models:

- Strong balance sheets

- Trading at or near their 52-week lows

- Exceptional management with proven track record

- Minimal Goodwill

- Quality earnings stream that is void of one time events (i.e. accounting gimmicks)

- Asymmetric risk/reward profiles

Rady shorts companies that have the opposite characteristics:

- Large Amounts of goodwill (Empire builders)

- Companies with heavy union exposure

- 2nd and 3rd tier companies

- Low quality balance sheets

- Unsustainable business models in low margin competitive industries

- Self-promoting management

- Trading at or near 52-week highs

- Low quality earnings stream

- Companies that use aggressive accounting (i.e. off balance sheet liabilities)

To learn more about our Investment Process, click here.

The Fund invests primarily in equity securities, which are subject to price fluctuations in the stock market. The Fund may not achieve its objectives.

Description

Fund Fact Sheet

Disclaimer & Privacy Policy

Mutual Funds involve risk including possible loss of principal. Investors should carefully consider the investment objectives, risks, charges and expenses of the Rady Contrarian Long-Short and Rady Opportunistic Value Funds. This and other important information about the Funds is contained in the prospectus, which can be obtained by calling 877 302 7239. The prospectus should be read carefully before investing. The Rady Contrarian Long-Short and Rady Opportunistic Value Funds are distributed by Northern Lights Distributors, LLC member FINRA/SIPC.

Rady Asset Management offers investment options for Accredited Investors. Please contact the firm to obtain a username and password, which may be entered to obtain information about Rady Asset Management, LLC. Rady Asset Management, LLC requires that you provide current and accurate financial information and will protect the information you have provided in a manner that is safe, secure and professional.

The Contrarian Value Long Short Fund has the same management practices and is in all material respects identical to the predecessor Limited Partnership and is managed by the same portfolio manager since the predecessor limited partnership’s inception on February 2007. The Fund’s investment goals, policies, guidelines and restrictions are, in all material respects, equivalent to the predecessor limited partnership. From its inception date, the predecessor limited partnership was not subject to certain investment restrictions, diversification requirements and other restrictions of the 1940 Act of the Code, if they had been applicable, it might have adversely affected its performance. In addition, the predecessor limited partnership was not subject to sales loads that would have adversely affect performance. Performance of the predecessor fund is not an indicator of future results.
Mutual Funds involve risk including possible loss of principal. ETFs are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing directly in ETFs and may be higher than other mutual funds that invest directly in stocks and bonds.

When the Fund invests in foreign securities through ADRs, the Fund could be subject to greater risks because the Fund’s performance may depend on issues other than the performance of a particular company or U.S. market sector. Stocks of mid-cap companies may be subject to more abrupt or erratic market movements than those of larger, more established companies or the market averages in general. 1495 - NLD - 12/21/2009