Press Release (ePRNews.com) - LAFAYETTE, La. - Jun 18, 2020 - The biblically responsible Issachar Fund (ticker: LIONX) received a five-star rating by Morningstar for both the three-year and five-year periods ending (5/31/2020) in the Tactical Allocation category out of 217 and 173 funds respectively, based on risk-adjusted returns. Morningstar is a premier source of mutual fund and investment research. Morningstar considers a fund’s performance, fees, risk levels and other factors when calculating its widely followed star ratings.
I am honored and humbled that LIONX has received a five-star rating by Morningstar. Since converting the Issachar Fund to biblically responsible investing principles, we have seen compelling results from both a values and financial perspective, and this rating is further confirmation of that success. To God be the glory!
Dexter Lyons, portfolio manager of LIONX, said, “I am honored and humbled that LIONX has received a five-star rating by Morningstar. Since converting the Issachar Fund to biblically responsible investing principles, we have seen compelling results from both a values and financial perspective, and this rating is further confirmation of that success.”
ABOUT THE ISSACHAR FUND (TICKER: LIONX)
The Issachar Fund (LIONX) seeks to provide investors with the liquidity, convenience and ease of access of a mutual fund, combined with the institutional risk-management qualities of a hedge fund. LIONX is a diversified, tactically managed mutual fund that seeks to provide moderate capital appreciation consistent with capital preservation in an attempt to limit life-altering market declines.
As an affiliate of biblically responsible investing leader Inspire Investing, the Issachar Fund is committed to investing in positive companies making the world a better place and avoiding investments in companies involved in unethical and immoral business practices. We believe this is the right thing to do, both for the world and for portfolio returns.
To learn more about the Issachar Fund, including fact sheets and performance data, visit www.issacharfund.com.
For media inquiries:
IMPORTANT RISK INFORMATION
Investors should carefully consider the investment objectives, risks, charges and expenses of the Issachar Fund (LIONX). This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 1-866-787-8355. The prospectus should be read carefully before investing. The Fund is distributed by Northern Lights Distributors, LLC, member FINRA/ SIPC. Horizon Capital Management Inc. is not affiliated with Northern Lights Distributors, LLC.
Mutual Funds involve risks including the possible loss of principal. An investment in the Fund may not be appropriate for all investors. The Fund may hold cash positions when the Adviser feels that the market is not producing returns greater than the short-term cash investments in which the Fund may invest. There is a risk that the sections of the market in which the Fund invests will begin to rise or fall rapidly and the Fund will not be able to sell stocks quickly enough to avoid losses or reinvest its cash positions into areas of the advancing market quickly enough to capture the initial returns of changing market conditions. The Adviser’s judgment about the attractiveness, value, and potential appreciation of particular asset classes and securities in which the Fund invests may prove to be incorrect and may not produce the desired results.
Ratings are only one form of Fund performance and should not be used as the sole consideration in making an investment decision. For more information regarding the fund, including current performance, please visit www.issacharfund.com.
© 2020 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
The Morningstar Rating TM for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. NLD Review Code: 3675-NLD-6/17/2020 Source :