Catalyst Nasdaq-100 Hedged Equity Fund (CLPFX | CLPAX | CLPCX)
Alternative / Hedged Strategies · NASDAQ-100 · Volatility Overlay

Catalyst Nasdaq-100
Hedged Equity Fund

NASDAQ-100 Index securities complemented by a distinct volatility hedge overlay utilizing the same methodology as Equity Armor Investments' VOL 365 Strategy.

NAV (CLPFX)
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YTD Return
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No Load
1-Year Return
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No Load
Since Inception
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CLPFX · Annualized

Fund Objective

01

The Fund's objective is long-term capital appreciation.

Fund Highlights

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The Fund complements NASDAQ-100 Index securities with a distinct volatility hedge overlay that utilizes the same methodology as Equity Armor Investments' VOL 365 Strategy.

Component 1
Equity Portfolio
Invests in securities that constitute the NASDAQ-100 Index ("NDX"). The NDX is a large-capitalization growth index comprised of the 100 largest domestic and international (including emerging markets) non-financial companies listed on the Nasdaq Stock Market based on market capitalization. The NDX is concentrated in the technology sector.
Component 2
Volatility Hedge Overlay
EAVOL trading strategy was created to accommodate those looking to have long volatility exposure over a long time and avoid the decay associated with such a transaction. The trading strategy selects positions that present the least potential for time decay while maintaining the highest correlation to VIX Index price movement each day.

Investment Strategy

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1
The Fund invests at least 80% of its net assets in securities that constitute the NASDAQ-100 Index ("NDX"). The Fund may also invest up to 20% of its assets in futures contracts on the Cboe Volatility Index (the "VIX Index") and/or, upon commencement of the NASDAQ-100 Volatility Index (the "VolQ Index"), options on VIX Futures or VolQ Futures, and in cash and cash equivalents, including U.S. Treasury obligations, as a hedge against the Fund's exposure to the NDX.
2
The Fund invests in VIX Futures utilizing the same methodology as the Equity Armor Investments VOL 365 ("EAVOL trading strategy") — a strategy based on a proprietary VIX Futures trading strategy that seeks to correlate to VIX futures returns. The EAVOL trading strategy is constructed pursuant to a rules-based volatility analysis that identifies investments that present the least potential for time decay (i.e., the decline in value of a contract over the passage of time), while maintaining the highest correlation to VIX Index price movement each day.
3
The volatility overlay aims to minimize possible losses that are common in stock indexes so that investors might be able to ride out market swings in pursuit of their long-term investment objectives.

Fund Performance

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Current Fund Performance · Loading…

Returns >1 year annualized. Without sales load. Source: Ultimus Fund Solutions. Prior to 10/1/2020, the Fund implemented a different strategy.

Quarter-End Performance · Loading…

Quarter-end data. Returns >1 year annualized. Without sales load. Prior to 10/1/2020, the Fund implemented a different strategy.

Fund Overview

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Fund
Catalyst Nasdaq-100 Hedged Equity Fund
CLPFX (Class I) Inception
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CLPAX (Class A) Inception
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CLPCX (Class C) Inception
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Total Net Assets
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Min. Investment (Class I)
$2,500
Pricing Frequency
Daily
Distributions
Annually
Investment Adviser
Catalyst Capital Advisors, LLC
Sub-Adviser
Equity Armor Investments, LLC
Hedge Strategy
EAVOL / VOL 365 (VIX Futures)
Fund Type
Mutual Fund

Fund Documents

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Prospectus
PDF · Regulatory
Summary Prospectus
PDF · Regulatory
SAI
PDF · Regulatory
Fact Sheet
PDF · Marketing

Fund Management

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BS
Brian Stutland
Equity Armor Investments, LLC
Lead Portfolio Manager · Managing Partner & CIO
LR
Luke Rahbari
Equity Armor Investments, LLC
Portfolio Manager · Member since 2011
JT
Joseph Tigay
Equity Armor Investments, LLC
Portfolio Manager · Chief Trading Officer
EA
Equity Armor Investments
Sub-Adviser
Catalyst Capital Advisors · Adviser

Fund Expenses

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Expense Item Class I (CLPFX) Class A (CLPAX) Class C (CLPCX)
Prospectus Gross Expense Ratio (11/1/2025)2.37%2.62%3.37%
Prospectus Net Expense Ratio (11/1/2025)1.58%1.83%2.58%
Annual Report Net Expense Ratio (6/30/2025)*1.53%1.78%2.53%

The advisor has contractually agreed to waive advisory 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; underlying fund expenses; taxes and extraordinary expenses, such as regulatory inquiry and litigation expenses) at 1.74%, 2.49% and 1.49% for Class A shares, Class C shares and Class I shares, respectively, through October 31, 2026.

Privacy Policy Terms of Use Contact catalystmf.com

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.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Catalyst Funds. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 866-447-4228 or at www.CatalystMF.com. The prospectus should be read carefully before investing. The Catalyst Funds are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC. Catalyst Capital Advisors, LLC is not affiliated with Northern Lights Distributors, LLC.

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 activities and financial prospects of an individual security in the Fund's portfolio. The performance of the Fund may be subject to substantial short-term changes. There are risks associated with the sale and purchase of call and put options. As a buyer of a put option, the Fund assumes the risk of a rise in the market of an underlying security above the exercise price of the option which will cause a loss of the premium paid for the option. Investments in futures contracts involve leverage, which means a small percentage of assets in futures can have a disproportionately large impact on the Fund and the Fund can lose more than the principal amount invested. The techniques used to manage volatility of the Fund's investments may not protect against market declines and may also limit the Fund's participation in market gains, especially during periods where market values are increasing but market volatility is high. Prior to 10/1/2020, the Fund implemented a different strategy.

Distributor: Northern Lights Distributors, LLC, member FINRA/SIPC.