Salient Trend I

The investment seeks long term capital appreciation with low correlation to traditional core equity and bond market exposures.
The fund invests both long and short primarily in futures contracts and other financially-linked derivatives and instruments in order to gain exposure to momentum. It will also hold a large portion of its assets either directly or indirectly in cash, money market instruments or other cash equivalents, some of which will serve as margin or collateral for the fund's futures contracts or other derivatives positions. It is non-diversified.

Key stats

Management firm  Salient Funds
Domicile  United States
Fund Administrator  Citi Fund Services Ohio, Inc.
Global Branding Name  Salient
12 month yield  3.04%
Fund currency  USD
Launch Date  2013-01-02
ISIN  US79471L8596
Manager 1 Name  Roberto Croce
Manager 2 Name  Lee Partridge
Fund Strategy  Managed Futures
Benchmark  Barclay BTOP50 Index
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-11-30
Return - 1 Month  11.45%
Return - 2 Months  12.96 %
Return - 3 Months  15.42%
Return - 6 Months  24.52 %
Return - 9 months  23.73 %
Return - 12 Months  3.74%
Annualized return 24 months  0.00 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  14.54%
Return YTD  5.99%

Charges

Initial  0.00 %
Minimum Investment  $1,000,000
Maximum Managment Charge  0.95 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Salient Funds
Contact Address 2  4265 San Felipe, Suite 800, Houston, Texas 77027
Contact country  United States
Fund Admin Group  Salient Funds
Web Address  www.salientfunds.com
Custodian  Citibank NA
Phone  1-866-667-9228

Price

Last Price Date  2014-12-24
Pre-tax nav  12.06
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.08
Price change (percentage)  0.67 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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