AAMIX
Absolute Capital Asset Allocator Fund
NORTHERN LIGHTS FUND TRUST III
Fund of funds
Expense ratio1
1.57%
Net assets2
$68.11M
Holdings2
27
Category
US Equity
2025 return3
10.91%

Investment objective & strategy

As of Jan. 28, 2026 · prospectus

Objective. The Absolute Capital Asset Allocator Fund (the ?Fund?) seeks long term capital appreciation.

Strategy. The Fund seeks to achieve its investment objective by investing directly or indirectly through other investment companies, including mutual funds, exchange traded funds (?ETFs?) and closed-end funds (collectively, the ?Underlying Funds?) in domestic and foreign (including emerging markets) (i) fixed income securities of any maturity or credit quality (including ?junk bonds?); (ii) equity securities of any market capitalization; and (iii) exchange traded notes (?ETNs?). In selecting securities for the Fund, the Fund?s adviser, Absolute Capital Management, LLC (the ?Adviser?), first identifies a universe of investable securities by analyzing market trends in equity and fixed income securities by evaluating both quantitative and qualitative data, including the overall price movement of various indices that represent different segments of the market. The Adviser … The Fund seeks to achieve its investment objective by investing directly or indirectly through other investment companies, including mutual funds, exchange traded funds (?ETFs?) and closed-end funds (collectively, the ?Underlying Funds?) in domestic and foreign (including emerging markets) (i) fixed income securities of any maturity or credit quality (including ?junk bonds?); (ii) equity securities of any market capitalization; and (iii) exchange traded notes (?ETNs?). In selecting securities for the Fund, the Fund?s adviser, Absolute Capital Management, LLC (the ?Adviser?), first identifies a universe of investable securities by analyzing market trends in equity and fixed income securities by evaluating both quantitative and qualitative data, including the overall price movement of various indices that represent different segments of the market. The Adviser uses this assessment to allocate the Fund?s assets among the asset classes described above. If, for example, an index that represents domestic equity securities indicates to the Adviser that the domestic equity segment of the market is increasing in value while an index that represents domestic fixed income securities is decreasing in value, the Fund would allocate the Fund?s portfolio to equities instead of fixed income or cash. The asset classes and weightings of the Fund vary over time based on the Adviser?s analysis and in response to changing market conditions, which generally results in high portfolio turnover.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
FRST AM-GV OB-X TMPXX $9.79M 14.37%
ISHARES CORE DIV $5.21M 7.65%
Vanguard S&P 500 Growth ETF VOOG $4.69M 6.88%
U.S. Treasury Bills 912797SX $4.67M 6.86%
SS SPDR S&P15 VT $4.45M 6.53%
Vanguard Communication Services ETF VOX $3.74M 5.49%
TECHNOLOGY SELECT SECT SPDR MUTUAL FUND XLK $3.46M 5.07%
VANGUARD FTSE ALL WORLD EX US ETF VEU $3.09M 4.53%
SPDR Portfolio S&P 500 ETF $3.06M 4.50%
GOLDMAN SACHS GROUP INC $2.45M 3.60%
View all holdings →

Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
1
Exited
6
Increased
2
Decreased
0
Unchanged
24

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Absolute Capital Defender Fund · ACMAX, ACMIX, ACMDX 64% 1.86%
Ocean Park Tactical Risk Spectrum 30 Fund 21% 1.77%
RESQ Dynamic Allocation Fund · RQEAX, RQEIX, RQECX 21% 2.16%
View all similar funds →

Advisers

As of September 30, 2025 · N-CEN
FirmRole
Absolute Capital Management, LLC Adviser

Footnotes

  1. Expense ratio as of January 28, 2026, from the fund's prospectus.
  2. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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