Issachar Fund (LIONX)
A Core Holding Where Risk is Actively Managed for IRA, 401k Rollover, SEP-IRA, ROTH-IRA, Trust and Individual Accounts.
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Focused on Risk-Management to Avoid
Life-Changing Losses.
The Issachar Fund's Risk Objective Seeks Long-Term Capital Appreciation.
Independent, Active, Opportunistic, Alternative, Flexible, Tactical, Multi-Strategy, Unconstrained, No-Mandate, Long/Short, Risk-Adjusted and Portfolio Manager is "All In"!
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The Issachar Fund (LIONX) had a Net Asset Value (NAV) of $10.29/share on 11/02/18 with $14 million in Assets Under Management (AUM).
Since Inception (02/28/14), LIONX has a Beta of 0.06 and the ML High Yield Master II Index has a Beta of 0.17 which indicates Very Low Correlation when compared to an S&P 500 Index Beta of 1.
Since Inception, LIONX has a Standard Deviation (SD) of 1.02% which is less than the 3.66% SD for the S&P 500 Index and 1.08% for the ML High Yield Master II Index, indicating lower price volatility.
Since Inception, LIONX has an Ulcer Index (UI) of 2.26 which is less than the 3.30 UI for the S&P 500 Index and less than the 2.90 UI for the ML High Yield Master II Index, indicating a lower Draw-Down Risk.
LIONX has paid 79 cents/share in distributions since a $10.00 NAV on 02/28/14.
LIONX is a No-Load Tactical Go-Anywhere Mutual Fund Available at Major Brokerages.
(There is no guarantee that any investment will achieve its objectives, generate positive returns or avoid losses)
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Performance and Risk Measures as of Friday, November 02, 2018:
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The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 866-787-8355. Total annual fund operating expenses are 3.29% (includes a 1.4% Management Fee, 0.25% 12B-1 Fee, administration and acquired fund fees of mutual funds purchased). The Fund’s Investment Adviser has contractually agreed to reduce its fees and/or absorb expenses until at least January 31, 2019, to ensure that net annual operating expenses do not exceed 2.49% for Class N, subject to possible recoupment from the Fund in future years. Results shown reflect the waiver, without which the results could have been lower.
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YTD Return for LIONX is lower than the S&P 500 Index BUT the Max Loss for the S&P 500 Index is much greater than LIONX (YTD and Since Inception). I believe that Return should always be viewed in the context of how much Risk is being taken. I am not necessarily concerned with higher Fund or ETF expenses if the Maximum Loss Risk is being actively managed to produce the return I am seeking. Fees are really only an issue in the absence of value. Lower fees do not protect a portfolio in the event of a Bear Market, but Active Risk-Management might reduce draw-downs. I try very hard to manage (control) the risk I am taking, and I let the market determine the Return (no control). I am fully invested in LIONX and doing my best to avoid steep declines and stay invested in up-trends. Keep in mind that a 50% Loss requires a 100% Gain just to break even which is why I do not subscribe to the “buy and hold” strategy.
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My Story May Help You!
As you have probably experienced yourself, life has a way of taking unexpected turns that lead to lessons and decisions that make us who we are today. A prank with a blast of compressed air left me with a ruptured disk shortly after high school, prompting my decision to attend college and find a new career. There, I became fascinated with computers and investing and promptly lost $10,000 trading penny stocks.
At first, I thought I was the problem. So, I found an experienced broker – my dad’s best friend’s broker - and invested $26,000 of my hard-earned money. In just two weeks, half my money was gone. That left me very motivated to find out how I could be on the winning side of the trade. I made a promise to myself that I would try to never suffer excessive losses again. I focused my college studies on computers and the stock market. Soon I was putting new ideas based on technical analysis to work investing through local stock and computer clubs. I later invested my own account at a discount brokerage firm, buying and selling no-load, no-transaction-fee (NTF) mutual funds using some basic chart-analysis techniques. Since then I have spent over 28 years in the investment industry, managing client assets.
Over time, as I accumulated assets and years, my focus has turned more and more to capital preservation. I still attempt to make money when the risk is low, and my indicators show the market is on a steady up trend. But when the risk/reward ratio doesn’t make sense, I turn conservative. This is the approach I take managing client monies. In fact, I invest client assets exactly the same as my own money. I watch their investments every day and I do my best to manage risk in rocky markets so that when the market is in our favor, we have the funds to invest and potentially profit from up moves.
I welcome the opportunity to discuss my investment approach and results with you and I look forward to continuing my pursuit of being on the winning side of the trade.
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Values: Christ-Centered, Dedicated, Honest, Disciplined and Hard-Working.
Vision: Seeking to avoid painful declines and remain invested in up-trends.
Mission: Actively Managing Risk Since 1990 to achieve our investment goals.
Incentive: I am the largest shareholder, so I have incentive to succeed.
Passions: Managing Money & Understanding God’s Grace.
Foundational Verse: 1 Chronicles 12:32 “[the] Sons of Issachar were known for their “Understanding” of the times….” My Pastor, Jacob Aranza, told me that I have the Gift of “Understanding” and Jesus is the “Lion of Judah” so to honor God we named the Fund: Issachar and chose the Symbol: LIONX.
Today’s Verse: But God shows his love for us in that while we were still sinners, Christ died for us. Romans 5:8
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