The Mission Funds Launches New Tactical Allocation Global Fund
Mission-Auour Risk-Managed Global Equity Fund
DALLAS, June 12, 2018
The Mission Funds announced the launch of the Mission-Auour Risk-Managed Global Equity Fund, a tactical allocation global equity portfolio.
The Fund seeks long term capital appreciation through exposure to global equity markets by primarily investing in cost efficient, broad-based, readily-available Exchange Traded Funds (ETFs).
About the Mission-Auour Risk-Managed Global Equity Fund
“The Fund looks to provide financial advisors and investors the potential to help grow assets by participating in rising markets—while helping to manage risk in advance of large market downturns,” said Jeff Groves, co-Founder and CEO of the Mission Funds.
The Fund is sub-advised by Auour Investments, whose founders, Kenneth J. Doerr,
Joseph B. Hosler and Robert Z. Kuftinec, managed approximately $245 million in equity assets for institutional and private investors as of May 31, 2018.
“Management uses a proprietary risk detection algorithm that uses market momentum, credit market behavior, interaction of world markets, and valuation factors to seek the predictive ability to detect downturns,” said Michael Young, Mission Funds’ co-Founder and President. “It’s called the ‘Auour Regime Model (ARM).’”
“Our investment philosophy is to focus on the facets of investing that are within an investor’s control,” said Kenneth Doerr, co-founder of Auour Investments. “These factors are market participation, asset allocation, and expense reduction.”
The Fund is available in Class A Shares: OURAX; Investor Class Shares: OURLX; Institutional Class Shares: OURIX, and Class Z Shares: OURZX.
About the Mission Funds
The investment advisor to the Fund is Mission Institutional Advisors, LLC, based in Dallas, TX.
“The Mission Funds is dedicated to seeing beyond typical investment philosophies,” said Mr. Groves. “We instead look for innovative strategies to pursue the returns our investors are seeking. “With seasoned fund managers who’ve managed money through bull and bear markets, we have the experience to back our fresh perspectives with front-line knowledge and acuity.”
About Auour Investments
Auour Investments, LLC, based in Wenham, MA, is the Fund’s sub-advisor responsible for the day-to-day decision-making of the Fund's investments. Auour has provided investment advisory services to high net worth individuals, pension and profit sharing plans, and charitable organizations since 2013. Auour Investments is controlled by Joseph B. Hosler, Robert Z. Kuftinec, and Kenneth J. Doerr.
Investors should consider the investment objectives, potential risks, management fees and charges and expenses carefully before investing. This and other information is contained in the Fund’s prospectus, which may be obtained by calling 1-800-673-0550. Please read and carefully consider the prospectus before investing. Distributed by First Dominion Capital Corp., Richmond, VA. Member FINRA/SIPC.
Information About Risk
No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment. Overall market risk including volatility may affect the value of the individual instruments in which the strategies invest. No current or prospective client should assume future performance of any specific investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. The market values of the portfolio’s holdings rise and fall from day to day, so investments may lose value. Non-U.S. securities may be more volatile because of political, regulatory, market and economic uncertainties associated with such securities. Fluctuations in currency exchange rates may negatively affect the value of the investment or reduce returns. These risks are magnified in emerging or developing markets. Investments in emerging market countries may have more risk because the markets are less developed and less liquid as well as being subject to increased economic, political, regulatory or other uncertainties. The Fund will incur higher and duplicative expenses when it invests in exchange-traded funds (“ETFs”). The Fund may suffer losses due to the investment practices of the underlying funds. The Fund will be subject to substantially the same risks as those associated with the direct ownership of securities comprising the underlying fund or index on which the ETF is based and the value of the Fund’s investments will fluctuate in response to the performance and risks of the underlying investments or index. An ETF’s shares may trade at a market price that is above or below their net asset value.
Mission Institutional Advisors, LLC
5956 Sherry Lane, Suite 1000
Dallas, TX 75225