Incline Funds are offered both through financial representatives, such as broker/dealers, financial planners, and registered investment advisors, as well as directly from Northern Lights Distributors, LLC. The Incline Funds are available to investors in most states, however please check with your advisor or contact us at 866-99-ILSCX (866-994-5729) to ensure it is available where you reside.
The Prospectus contains complete information about buying shares, subsequent investments, and share redemptions. It also discusses the investment objectives, risks, and charges and expenses of the Incline Funds, please read it carefully before investing.
Incline Capital Long/Short Fund Prospectus
Incline Capital Long/Short Fund Statement of Additional Information
If you use a broker or advisor, you may be able to purchase our funds through that relationship. If you are interested in purchasing the Fund and it is not yet available through your registered representative or investment advisor, please ask them to contact us at 866-994-5729.
You can also invest in the Incline Funds with our transfer agent, free of any sales charge or fee. An account may be opened either by mail or bank wire. The minimum initial investment in the Incline Funds is $2,500 for a regular account, and $1,000 for retirement plans (e.g., tax-deferred retirement programs, IRAs, etc.). The minimum initial investment may be waived at the discretion of the Adviser. The minimum subsequent investment is $100 for all accounts. Once an account is opened, additional purchases of Fund shares may be made at any time in minimum amounts of $100. There is no minimum investment requirement when you are buying shares by reinvesting dividends and distributions from the Fund.
To purchase a Fund’s shares by mail, simply complete and sign the Account Application and mail it, along with a check made payable to “Incline Capital Long/Short Fund” to: |
All purchases by check must be in U.S. dollars drawn on a domestic financial institution. To prevent check fraud, the Fund will not accept third party checks, Treasury checks, credit card checks, traveler’s checks or starter checks for the purchase of shares. The Fund is unable to accept post-dated checks, post-dated online bill pay checks, or any conditional order or payment, and Gemini Fund Services, LLC ("GFS"), the Fund’s transfer agent, will charge a $25 fee against a shareholder’s account, in addition to any loss sustained by the Fund, for any check returned to the transfer agent for insufficient funds.
You may also purchase Incline Funds’ shares by wire. If you wish to wire money to make an investment in the Fund, please call the Fund at 866-99-ILSCX (866-994-5729) for wiring instructions and to notify the Fund that a wire transfer is coming. Any commercial bank can transfer same-day funds via wire. The Fund will normally accept wired funds for investment on the day received if they are received by the Fund’s designated bank before the close of regular trading on the NYSE. Your bank may charge you a fee for wiring same-day funds.
We consider it a sacred honor to be entrusted with your funds. We encourage you to contact our Transfer Agent directly at 866-994-5729, with any questions you might have.
. Principal loss is possible. The Incline Capital Long/Short Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. It may make short sales of securities which involves the risk that losses may exceed the original amount invested and may invest in foreign securities in developing or emerging markets which can entail additional social, political and economic risks. It also may invest in smaller companies and debt instruments (including zero-coupon US Treasury bonds) which may be subject to higher volatility & risk than larger stocks and coupon bonds. The Incline Capital Long/Short Fund is considered a “fund of funds”, and will bear its share of the fees and expenses of the underlying funds. Shareholders will pay higher expenses than would be the case if making direct investments in the underlying ETFs. Because the Fund invests in ETFs, it is subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a discount to its net asset value (“NAV”), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund’s ability to sell its shares.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Incline Capital Long/Short Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 866-994-5729. The prospectus should be read carefully before investing. The Incline Capital Long/Short Fund is distributed by Northern Lights Distributors, LLC. 0732-NLD-6/9/2009 |
