POWER DIVIDEND
INDEX FUND

The Power Dividend Fund

Performance

(1) Represents the percentage increase/decrease in the net asset value from the prior trading day.
(2) Performance for periods less than one year is not annualized.
(3) The maximum sales charge for Class A Shares is 5.00%. Class A Share investors may be eligible for a reduction in sales charges.
(4) Inception date of the Class A & I shares is November 7, 2013 and November 25, 2014 for Class C.

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. The Fund's total annual operating expenses is 1.44% for Class A shares, 2.19% for Class C shares, and 1.19% for Class I shares. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. For performance information current to the most recent month-end, please call toll-free 877-779-7462.

Holdings
Overview

Overview

The Power Dividend Index Fund (PWDIX, PWDAX & PWDCX) tracks the W.E. Donoghue Power Dividend Total Return Index (PWRDXTR). The W.E. Donoghue Power Dividend Total Return Index uses a proprietary methodology to trigger allocations between an equally weighted portfolio of dividend paying stocks and money markets. The PWRDXTR methodology employs a systematic approach to identify the five stocks in each of the ten S&P 500 Global Industry Classification Standard (GICS) sectors with the highest dividend yields. The ten GICS sectors are consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, telecommunication services and utilities. This methodology is designed to convey the potential benefits of high dividend yield, sector diversification, equal weighting and risk reduction. Technical indicators are utilized as an overlay for allocating between either stocks or money markets, should market conditions warrant, to attempt to mitigate losses during equity market downturns.

The technical indicators employed are a tactical overlay based on exponential moving average crossovers utilized to determine whether the Index, and therefore the Fund, will either be in a bullish or bearish position. When in a bullish position the underlying equity portfolio of 50 stocks are rebalanced on a quarterly basis to bring the holdings back to an equally weighted portfolio. The rebalance is done at the close of trading on the third Friday of the last month of each calendar quarter.

Where to Purchase

Where to Purchase

The Power Dividend Index Fund will be available to purchase through the following:

  • Charles Schwab
  • Fidelity Investments
  • National Financial Services
  • Pershing
  • TD Ameritrade

For the latest availability call: 1 (800) 642-4276.