Investment objective & strategy
As of Aug. 26, 2025 · prospectusObjective. The Fund seeks growth of capital.
Strategy. The Fund, under normal circumstances, will invest least 80% of its assets (defined as net assets plus the amount of any borrowing for investment purposes) in mutual funds and exchange traded funds (?ETFs?) that are passively managed and seek to track a specific index consisting of U.S. equity securities of any capitalization (?Underlying Funds?), in order to obtain exposure to the U.S. equity market. The Fund is an actively managed fund and does not seek to track any particular index. The Fund operates as a fund of funds. In selecting Underlying Funds to purchase or sell on behalf of the Fund, Pacific Financial Group, LLC (the ?Adviser?) will utilize information about equity model portfolios offered by various institutional strategists. The … The Fund, under normal circumstances, will invest least 80% of its assets (defined as net assets plus the amount of any borrowing for investment purposes) in mutual funds and exchange traded funds (?ETFs?) that are passively managed and seek to track a specific index consisting of U.S. equity securities of any capitalization (?Underlying Funds?), in order to obtain exposure to the U.S. equity market. The Fund is an actively managed fund and does not seek to track any particular index. The Fund operates as a fund of funds. In selecting Underlying Funds to purchase or sell on behalf of the Fund, Pacific Financial Group, LLC (the ?Adviser?) will utilize information about equity model portfolios offered by various institutional strategists. The Adviser will be responsible for deciding which Underlying Funds to purchase and sell on behalf of the Fund. To achieve the Fund?s objective, the Adviser intends to focus on Underlying Funds that invest in U.S. equity indices that the Adviser believes will produce enhanced risk-adjusted returns, in light of market circumstances. The Adviser intends to invest in Underlying Funds that are passively managed and that are designed to track a specific U.S. equity index. U.S. equity indices will include those that are focused on specific market capitalizations, specific investment styles (for example, growth or value), or limits on expected volatility. There are no restrictions on the type of U.S. equity index that the Adviser may choose to invest in. Although the Fund does not intend to focus its investments in any particular sector, its portfolio may be focused in certain sectors from time to time as a result of its investment process and indirectly through the holdings of Underlying Funds. The Fund utilizes a strategic asset allocation approach that focuses on long-term growth based on long-term returns, risk and correlation forecasts. The Fund?s target allocation will be 100% equity investment exposure, with a target of 100% in U.S. equities. Although the Fund does not intend to focus its investments in any particular sector, its portfolio may be focused in certain sectors from time to time as a result of its investment process and indirectly through the holdings of Underlying Funds. In addition, in managing the Fund?s level of investment risk, the Adviser utilizes RiskPro , a software technology developed by ProTools, LLC, an affiliate of the Adviser. Based on proprietary algorithms, RiskPro provides an estimate of the range of gain or loss of a portfolio of securities over a forward-looking rolling twelve-month period. The higher the RiskPro estimate, the greater the level of volatility that the Fund may experience over a twelve-month period. RiskPro?s algorithms take into account, among other factors, the volatility of the portfolio over the prior twelve months; a comparison of the portfolio?s volatility over the prior twelve-month period, to the volatility of the S&P 500 Index; and the long-term volatility of the S&P 500 Index. The Adviser utilizes RiskPro to manage the Fund?s volatility as a whole, and to assess the impact of the Fund?s investment in Underlying Funds. In some circumstances, the Adviser may use RiskPro to identify specific Underlying Funds in which to invest, on behalf of the Fund. For this Fund, there is no limit on the Fund?s maximum annual volatility. Consequently, in managing the Fund, the Adviser will permit the Fund?s potential total return, over a twelve-month period, as estimated by RiskPro , to exceed a gain or loss of more than 30%. Depending on market conditions, the Fund?s potential gain or loss, as estimated by RiskPro , may be below 30% from time to time. The use of RiskPro allows investors to evaluate whether the expected volatility of the Fund, as estimated by RiskPro over a forward-looking rolling twelve-month period, is aligned with the investors? level of comfort with investment risk.
Top holdings
As of Jan. 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| Vanguard S&P 500 ETF | — | $81.59M | 45.28% |
| VANGUARD RUSSELL 1000 GROWTH MUTUAL FUND | VONG | $44.73M | 24.82% |
| VANGUARD RUSSELL 1000 VALUE MUTUAL FUND | VONV | $40.33M | 22.38% |
| Vanguard Extended Market ETF | VXF | $10.31M | 5.72% |
| Vanguard Scottsdale Funds VNG RUS2000IDX | VTWO | $2.69M | 1.49% |
| BlackRock Liquidity FedFund - Institutional Class | TFDXX | $838.34K | 0.47% |
Portfolio moves
Oct 31, 2025 → Jan 31, 2026How 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.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| VanEck Long/Flat Trend ETF · LFEQ | 45% | 0.58% |
| Abbey Capital Multi-Asset Fund · MAFAX, MAFCX, MAFIX | 45% | 1.80% |
| Cargile Fund · CFNDX | 45% | 1.80% |
Advisers
| Firm | Role |
|---|---|
| Pacific Financial Group, LLC | Adviser |
Footnotes
- Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
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