Catalyst/Exceed Defined Shield Fund


Fund Objective

The Fund seeks capital appreciation.

Reasons to Invest

The Catalyst/Exceed Defined Shield Fund seeks to provide a defined outcome, structured return strategy that offers controlled exposure to the S&P 500 Index, providing upside returns to a cap and limiting downside and volatility.

Tail Risk Hedge
The Fund seeks to mitigate losses when the S&P 500 declines by more than 12.5%.

Seeks Lower Volatility
The Fund seeks to provide returns that are correlated with, but less volatile than, those of the S&P 500 Index and mitigate losses when the S&P 500 declines.

Keeps Focus on the Upside
The fund seeks upside participation to a cap. Net results is market exposure without the extreme market ups and downs.

Fund Management

Investment Advisors

Investment Advisor: Catalyst Capital Advisors, LLC

Sub-Advisor: Exceed Advisory, LLC

Joseph Halpern | Portfolio Manager

  • Founding Partner of Exceed Investments, LLC
  • BS in Finance & Accounting, New York University Stern School of Business

Fund Overview

Share Class Class I Class A Class C Class A w/ Sales Load
CUSIP 62827P626 62827P642 62827P634 62827P642
Inception Date 2015-04-14T00:00:00 2015-04-14T00:00:00 2017-09-05T00:00:00 2015-04-14T00:00:00
As of Date 2018-12-11T00:00:00 2018-12-11T00:00:00 2018-12-11T00:00:00 2018-12-11T00:00:00
Daily NAV 10.07 10 9.87 10
NAV Change 0.01 0.00 0.00 0.00
% NAV Change 0.10% 0.00% 0.00% 0.00%

Current Fund Performance

Data as of: 2018-12-11T00:00:00

Share Class 1 Month 3 Months 6 Months YTD 1 Year 3 Years Annualized 5 Years Annualized 10 Years Annualized Since Inception Annualized
Class I -4.00% -6.93% -4.28% -1.27% -1.07% 6.26% N/A N/A 4.26%
Class A -4.12% -7.06% -4.40% -1.48% -1.43% 5.98% N/A N/A 3.98%
Class C -4.17% -7.24% -4.82% -2.28% -2.13% N/A N/A N/A 2.84%
Class A w/Sales Load -9.67% -12.43% -9.91% -7.24% -7.11% 3.92% N/A N/A 2.31%

Quarterly Fund Performance

Data as of quarter end: 2018-09-30T00:00:00

Share Class 1 Month 3 Months 6 Months YTD 1 Year 3 Years Annualized 5 Years Annualized 10 Years Annualized Since Inception Annualized
Class I 0.46% 5.22% 8.04% 6.76% 11.37% 10.45% N/A N/A 6.90%
Class A 0.37% 5.15% 7.88% 6.60% 11.06% 10.15% N/A N/A 6.61%
Class C 0.38% 4.90% 7.43% 5.94% 10.20% N/A N/A N/A 11.49%
Class A w/Sales Load -5.42% -0.92% 1.69% 0.37% 4.67% 7.99% N/A N/A 4.80%

The Fund’s maximum sales charge for Class “A” shares is 5.75%. Investments in mutual funds involve risks. Performance is historic and does not guarantee future results. Investment return and principal value will fluctuate with changing market conditions so that when redeemed, shares may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain the most recent month end performance information or the fund’s prospectus please call the fund, toll free at 1-866-447-4228. You can also obtain a prospectus at

Fund Expenses

Share Class Class I Class A Class C Class A w/ Sales Load
Gross Expense Ratio 1.88% 2.15% 2.98% 2.15%
Net Expense Ratio 1.24% 1.49% 2.24% 1.49%

The Advisor has contractually agreed to waive fees and/or reimburse expenses of the Fund to the extent necessary to limit total annual fund operating expenses (excluding brokerage costs; underlying fund expenses; borrowing costs such as (a) interest and (b) dividends on securities sold short; taxes and, extraordinary expenses, such as regulatory inquiry and litigation expenses) at 1.48%, 2.23% and 1.23% for Class A shares, Class C shares and Class I shares, respectively, through October 31, 2019.

There is no assurance that the Fund will achieve its investment objective.

Mutual Funds involve risks including the possible loss of principal. The Fund may focus its investments in securities to a particular sector or type of securities to the extent the Index is similarly concentrated. A counterparty may become bankrupt or otherwise fail to perform its obligations due to financial difficulties, jeopardizing the value of the Fund’s investment. Derivative instruments, including options, may entail investment exposures that are greater than their cost would suggest. A small investment in a derivative could risk a large potential impact on the performance of the Fund. As the buyer of a put option, the Fund assumes the risk of a rise in the market price of the underlying security above the exercise price of the option which will cause a loss of the premium paid for the option. As a seller (writer) of a put option, the Fund will lose money if the value of the security falls below the strike price. Using leverage can magnify the Fund’s potential for gain or loss and; therefore, amplify the effects of market volatility on the Fund’s share price. Fixed income securities will fluctuate with changes in interest rates. Common and preferred stocks are susceptible to general stock market fluctuations and to volatile increases and decreases in value as market confidence in and perceptions of their issuers change. Other investment companies including ETFs, in which the Fund invests are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. Increased portfolio turnover causes the Fund to incur higher brokerage costs, capital gains and taxable distributions. The Fund is non-diversified and may engage in a representative sampling approach or invest a greater percentage of its assets in a particular issue. The Fund is not actively managed and the Advisor will not sell shares of an equity security due to current or projected underperformance of a security, industry or sector, unless that security is removed from the Index or the selling of shares of that security is otherwise required upon a rebalancing of the Index as addressed in the Index methodology. Tracking error may occur because of imperfect correlation between the Fund’s holdings of portfolio securities and those in the Index, pricing differences, the Fund’s holding of cash, differences on timing of the accrual of dividends, changes to the Index or the need to meet various regulatory requirements. The Fund may invest in U.S. government or agency obligations which may or may not be backed by the full faith and credit of the U.S. government.

Contact Us

Have a question? Drop us a line and a Catalyst Funds representative will get back to you ASAP!

Start typing and press Enter to search