Thank you for your interest in the Sierra Core Retirement Fund.
The Core Fund is a "fund of funds" geared toward retirees as well as other conservative investors, with two goals:
  • To protect your capital by attempting to limit volatility and downside risk, and specifically attempting to limit drawdowns (periods of decline in the Core Fund's Net Asset Value) to 4% or less, even in a month or quarter in which the stock market is very negative.
  • To produce satisfying Total Returns (dividend yield and capital gain distributions, plus-or-minus change in Net Asset Value), with a goal to exceed 8% per year Total Return as a multi-year average.
As you know, there can be no assurance that these goals can be met, especially in the short term. There will be some down months, and some down quarters – and we cannot rule out the possibility of a down year. The past performance that the Portfolio Managers have achieved on private accounts as shown on page 13 of the Prospectus is no guarantee that future results will be as good.
The Core Fund is managed by a team with over 20 years of experience in managing private accounts in a similar style. The Core Fund invests in a very wide range of Asset Classes to create an unusually diversified portfolio, most of the time with only moderate correlation with the S&P 500. Click here for pie chart to view our recent allocation among investment categories. Mutual funds are the vehicles through which we will participate in most Asset Classes, and Exchange Traded Funds (ETFs) will be used for minor parts of the portfolio.
The investment strategies, goals and risks of the Core Fund are detailed in the Prospectus and on other pages of this website. Please review the Prospectus carefully before investing. You can also view and download our Statement of Additional Information and account applications.
If you have questions or need more information, please drop us a note here.
We look forward to a long and beneficial relationship with you.
David C. Wright
Portfolio Manager
Kenneth L. Sleeper
Portfolio Manager
Suzanne Torres
Director of Marketing
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Sierra Core Retirement Fund. This and other information about the Fund is contained in the prospectus and should be read carefully before investing. The prospectus can be obtained by clicking here or by calling toll free 1-866-738-4363 (1-866-RETI-FND). The Sierra Core Retirement Fund is distributed by Northern Lights Distributors, LLC.
0686-NLD-5/28/2009