Catalyst/MAP Global Balanced Fund
Tickers: TRXAX | TRXCX | TRXIX
Fund Objective
The Fund seeks to provide total return, which consists of current income and capital appreciation.
Reasons to Invest
The Catalyst/MAP Global Balanced Fund seeks to offer an alpha-driven, value-oriented approach to total return through equity and fixed income investing unconstrained by geography or credit quality.
Global Unconstrained
The Fund is not constrained by geography or credit quality and invests in securities of companies with market capitalizations of $300 million or more. We can go anywhere in an attempt to discover value and generate alpha.
Disciplined Value
We use a strict value discipline with a focus on margin of safety. The equity portfolio is built through a bottom-up approach seeking securities where there is a catalyst to unlock the intrinsic value of the company.
Benchmark Agnostic
The Fund has the ability to increase or decrease fixed income and equity exposure based on market conditions. The Fund typically limits equity exposure to a minimum of 30%, or a maximum of 70%.
Portfolio Manager Insights
Fund Management
Investment Advisor:
Catalyst Capital Advisors LLC
Investment Sub-Advisor:
Managed Asset Portfolios, LLC (“MAP”)
Portfolio Managers:
Michael Dzialo | President and Portfolio Manager
Peter Swan | Portfolio Manager
Karen M. Culver | Portfolio Manager
Fund Overview
| Ticker | TRXIX | TRXAX | TRXCX | TRXAX |
| Share Class | Class I | Class A | Class C | Class A w/ Sales Load |
| CUSIP | 62827M557 | 62827L450 | 62827L443 | 62827L450 |
| Inception Date | 2014-06-06T00:00:00 | 2011-07-29T00:00:00 | 2011-07-29T00:00:00 | 2011-07-29T00:00:00 |
| As of Date | 2024-12-19T00:00:00 | 2024-12-19T00:00:00 | 2024-12-19T00:00:00 | 2024-12-19T00:00:00 |
| Daily NAV | 11.54 | 11.52 | 11.26 | 11.52 |
| NAV Change | -0.08 | -0.08 | -0.08 | -0.08 |
| % NAV Change | -0.69% | -0.69% | -0.71% | -0.69% |
Current Fund Performance
Data as of: 2024-12-19T00:00:00
| 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 | -1.20% | -2.89% | 1.26% | 4.73% | 5.28% | 1.68% | 3.35% | 4.06% | 3.69% |
| Class A | -1.20% | -2.97% | 1.15% | 4.55% | 5.11% | 1.43% | 3.09% | 3.79% | 4.71% |
| Class C | -1.31% | -3.16% | 0.76% | 3.67% | 4.24% | 0.66% | 2.31% | 2.99% | 3.92% |
| Class A w/Sales Load | -6.88% | -8.55% | -4.67% | -1.46% | -0.93% | -0.56% | 1.88% | 3.17% | 4.25% |
Quarterly Fund Performance
Data as of quarter end: 2024-09-30T00:00:00
| 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 | 0.81% | 4.60% | 5.88% | 7.99% | 11.55% | 3.63% | 4.27% | 4.36% | 4.08% |
| Class A | 0.82% | 4.62% | 5.77% | 7.91% | 11.37% | 3.38% | 4.04% | 4.09% | 5.05% |
| Class C | 0.72% | 4.31% | 5.27% | 7.17% | 10.47% | 2.58% | 3.24% | 3.30% | 4.25% |
| Class A w/Sales Load | -4.98% | -1.40% | -0.31% | 1.70% | 4.97% | 1.36% | 2.81% | 3.47% | 4.57% |
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 www.CatalystMF.com.
Fund Expenses
| Share Class | Class I | Class A | Class C | Class A w/ Sales Load |
| Prospectus Gross Expense Ratio (11/1/2024) | 2.12% | 2.37% | 3.12% | 2.37% |
| Prospectus Net Expense Ratio (11/1/2024) | 0.97% | 1.22% | 1.97% | 1.22% |
| Annual Report Net Expense Ratio (6/30/2024)* | 0.97% | 1.22% | 1.97% | 1.22% |
* The annual report presents the audited actual expenses of the fund for the fiscal year. It excludes the impact of certain items that are listed as prospectus expenses, such as acquired fund fees and expenses.
The advisor has contractually agreed to waive management fees and/or reimburse expenses of the Fund to the extent necessary to limit total annual fund operating expenses (excluding brokerage costs; borrowing costs such as (a) interest and (b) dividends on securities sold short; taxes; underlying fund expenses; and extraordinary expenses, such as regulatory inquiry and litigation expenses) at 1.22%, 1.97% and 0.97% for Class A, Class C shares and Class I shares, respectively, through October 31, 2025.
There is no assurance that the Fund will achieve its investment objective.
Investing in the Fund carries certain risks. The value of the Fund may decrease in response to the activities and financial prospects of an individual security in the Fund’s portfolio. The Fund may be subject to substantial short-term changes. The Fund invests in the securities of foreign companies which are generally not subject to the same regulatory requirements and have different accounting, auditing and financial reporting standards from those applicable to U.S. companies. The Fund invests in lower-quality, non-investment grade bonds rated Baa or lower by Moody’s or BBB or lower by S&P (also known as “junk” bonds). Lower-quality debt securities involve greater risk of default or price changes due to changes in the credit quality of the issuer. A credit rating is the rating firms opinion on the general creditworthiness of an obligor, or the creditworthiness of an obligor with respect to a particular debt security or other financial obligation. These factors may affect the value of your investment.
7083-NLD-9/4/2019
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