Strategy. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in bonds. The Fund defines bonds as debt instruments and exchange-traded funds that primarily invest in debt instruments, as well as forwards, options, options on futures, futures, and swaps on the preceding debt instruments and exchange-traded funds that primarily invest in debt instruments. However, derivatives are not presently a principal investment strategy of the Fund. The Fund invests primarily in U.S. dollar denominated investment grade securities of any maturity as well as in exchange-traded funds (ETFs) that primarily invest within the preceding restrictions. The Fund does not have a portfolio level average maturity target. The Fund defines investment grade securities as … Show more… Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in bonds. The Fund defines bonds as debt instruments and exchange-traded funds that primarily invest in debt instruments, as well as forwards, options, options on futures, futures, and swaps on the preceding debt instruments and exchange-traded funds that primarily invest in debt instruments. However, derivatives are not presently a principal investment strategy of the Fund. The Fund invests primarily in U.S. dollar denominated investment grade securities of any maturity as well as in exchange-traded funds (ETFs) that primarily invest within the preceding restrictions. The Fund does not have a portfolio level average maturity target. The Fund defines investment grade securities as those that are rated, at the time of purchase, BBB- or higher by Standard & Poors Ratings Group (S&P), or other nationally recognized statistical rating agency (NRSRO), or, if unrated, determined to be of comparable quality. The Fund may invest up to 20% of its assets in below investment grade securities, commonly known as junk bonds. Additionally, the Fund may invest up to 20% of its assets in non-dollar denominated securities. Generally, the Fund purchases individual debt securities or purchases an ETF that is representative of a certain group of debt securities, such as U.S. Government debt. The Funds investment advisor, AmericaFirst Wealth Management, Inc., seeks to achieve the Funds investment objective by investing primarily in U.S. Government securities and ETFs that invest primarily in investment grade corporate debt. Debt security selection represents the culmination of the Advisors best efforts to seek to assure that the Fund generates interest income and capital gains. The Advisor seeks to meet this goal by searching for areas of the debt markets that it believes are undervalued. The identification process includes an outlook on macro-economic factors, interest rates, credit risk, and quantitative trend measures. A primary quantitative trend measure used by the Advisor is moving average analysis. When interest rates move above or below short- or long-term moving averages, or if short- and long-term moving averages cross, these can impact the Advisors decisions to buy or sell. The allocation to securities with particular characteristics varies based on the Advisors economic views which may include, but are not limited to, inflation, economic growth and Federal Reserve Board monetary policy. The Advisor allocates assets away from U.S. Government securities when it believes a different sector offers a combination of yield and potential capital gains that is more attractive than U.S. Government securities of similar maturity. The Advisor generally sells a security in anticipation of market declines, credit downgrades, or to purchase other securities that the Advisor believes may perform better. Show less