Catalyst and Princeton Launch Floating Rate Income Fund
Senior floating rate loans have the potential to provide good levels of income while attempting to protect investors from the downside effects of increasing interest rates. The Catalyst/Princeton Floating Rate Income Fund (CFRAX, CFRCX & CFRIX) seeks to take advantage of these characteristics.
New York, NY – January 3, 2013 – Catalyst Funds, in conjunction with Princeton Advisory Group, announces the launch of the Catalyst/Princeton Floating Rate Income Fund (Tickers: (CFRAX, CFRCX & CFRIX) which seeks to take advantage of the current interest rate market by investing in a portfolio of senior floating rate corporate loans. The Fund attempts to meet the needs of investors seeking:
– Current income and preservation of capital
– Potential for additional diversification through an investment in a low duration fixed income portfolio
– Reduction of the effects of interest-rate volatility
“With interest rates at historic lows and governments around the world continuing to run deficits and print money, interest rates will most likely rise. We believe that investments in senior floating rate loans have the potential to provide good levels of income while protecting investors from the downside effects of increasing interest rates” said Munish Sood, Founder & CEO of Princeton Advisory Group and Senior Portfolio Manager of the Catalyst/Princeton Floating Rate Income Fund.
“We are very excited to be able to partner with Mr. Sood and his experienced team of investment professionals at Princeton Advisory Group in the launch of this new fund”, stated Jerry Szilagyi, Chairman of the Catalyst Funds. “I believe there is a current need in the marketplace for this type of investment”.
Catalyst Funds currently offers 13 distinctive funds that provide various strategies in an attempt to produce income- and equity-oriented returns while controlling risk and volatility. We offer these exclusive strategies through a team of in-house portfolio managers and boutique institutional investment management partners. At Catalyst, we strive to provide innovative strategies to support financial advisors and their clients in meeting the investment challenges of an ever changing global market environment.
Princeton Advisory Group, Inc. was founded in 2002 as an independent fixed income asset manager and provides customized alternative solutions to U.S. and International family offices, endowments, corporations and retail clients. Princeton currently manages in excess of $1 billion across several investment strategies.
The Catalyst/Princeton Floating Rate Income Fund can be purchased through investment advisors, through our website at www.CatalystMutualFunds.com or by calling 866-447-4228.
Thank you for your continued interest in the Catalyst Funds.
Glossary:
Senior Floating Rate Loans hold a senior position in the capital structure and, at the time of purchase, are typically rated between BBB and B. Senior floating rate loans offer: 1) a floating rate coupon that is tied to a variable interest rate such as LIBOR, which resets every 30, 60 or 90 days, 2) low correlation with other fixed income investments, and 3) senior-most debt in an issuer’s capital structure.
Discolsures:
Of course, there is no guarantee that any investment strategy will achieve its objectives, generate profits or avoid losses.
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. Changesin short-term market interest rates will directly affect the yield on the shares of a fund whose investments are normally invested in floating rate debt. If short-term market interest rates fall, the yield on the Fund’s shares will also fall. The Fund is non-diversified and may invest a greater percentage of its assets in a particular issue and may own fewer securities than other mutual funds. The performance of the Fund may be subject to substantial short-term changes. The Fund can have High-yield securities risk, which are subject to greater levels of credit and liquidity risks. These factors may affect the value of your investment.
Class TickerCusip
A CFRAX62827M300
C CFRCX62827M805
I CFRIX62827M888
Please consider the Fund’s investment objectives, risks, and charges carefully before investing. This and other important information about the Catalyst Funds can be found in the Fund’s current prospectus, which may be obtained by calling your Financial Advisor or shareholder services at 1-866-447-4228. Please read the prospectus carefully before investing. The Catalyst Funds are distributed by Northern Lights Distributors, LLC , member FINRA.
0001-NLD-1/02/2013