Conductor Global Fund

The Conductor Global Fund seeks to provide long-term capital appreciation by applying our fundamentals-based quantitative factor model that analyzes mostly mid to large capitalization global companies that are undervalued to their intrinsic value. In doing so, we look for companies we feel are trading at significant discounts to our view of their long-term value.

The Fund prioritizes managing global risk exposures. When our macro analysis indicates that market risks have risen, the fund may employ hedges such as cash, ETFs or index options to preserve portfolio returns.

The Fund generally holds between fifty (50) and one-hundred (100) global companies. No single name will be more than ten percent (10%) of the Fund’s market value. Securities are purchased on host exchanges of a company’s respective country of domicile, in the host country’s currency.

There are three share classes of the Conductor Global Fund available. The Investor share class (RAALX), the Institutional share class (RAILX) and the C share class (RACLX). Please see the prospectus for more details regarding these two share classes.

For more information about the Fund, please contact us at 844-GO-RAILX (844-467-2459) or click here to read the prospectus.

Disclosure
Conductor Funds are offered only to citizens and residents of the U.S., and the information on this Internet site is intended only for such persons. Nothing on this Internet site should be considered a solicitation to buy or an offer to sell shares of any Conductor Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. Investments are not FDIC-insured nor are they deposits of or guaranteed by a bank or any other entity, so you may lose money.
Investing in the Fund carries certain risks. Adverse changes in currency exchange rates may erode or reverse any potential gains from the Fund’s investments.  The risk of investing in emerging market securities, primarily increased foreign investment risk. Investments in foreign securities could subject the Fund to greater risks including, currency fluctuation, economic conditions, and different governmental and accounting standards.   There is a risk that issuers and counterparties will not make payments on securities and other investments held by the Fund, resulting in losses to the Fund.

Investments in lesser-known, small and medium capitalization companies may be more vulnerable than larger, more established organizations. There can be a higher portfolio turnover due to active and frequent trading that may result in higher transactional and brokerage costs.

The Adviser from time to time employs various hedging techniques.  The success of the Fund’s hedging strategy will be subject to the Adviser’s ability to correctly assess the degree of correlation between the performance of the instruments used in the hedging strategy and the performance of the investments in the portfolio being hedged.  The risk on a short sale is the risk of loss if the value of a security sold short increases prior to the delivery date, since the Fund must pay more for the security than it received from the purchaser in the short sale. Therefore, the risk of loss may be unlimited.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Conductor Funds. This and other information about the Funds is contained in the prospectus and should be read carefully before investing. The prospectus for both funds can be obtained by calling toll free 1-
844-GO-RAILX or by clicking here. The Conductor Funds are distributed by Northern Lights Distributors, LLC., Member FINRA 
IronHorse Capital Management and Northern Lights Distributors, LLC are not affiliated

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