Contact Us: +1 (877) 413-3228 Thursday, December 2, 2021 Home About the Fund ▼ Performance ▼ How to Purchase ▼ Documents ▼ News ▼ Contact Us Shareholder Login Insights Event-Driven Mutual Fund Focused on 13D Filings The 13D Activist Fund (DDDIX) is the first mutual fund to offer investors exposure to shareholder activism as its primary investment strategy. The Fund was founded by Ken Squire, who has been operating the premier research service on shareholder activism for the institutional community since 2006. I Want To... Purchase the Fund | See Fund Performance | Learn More About the Fund | View Prospectus | View Fact Sheet | Login to My Account | Watch Portfolio Manager Interviews | Contact Us For Financial Advisors Investment Process The 13D Activist Fund seeks to invest in 20 to 40 activist situations which we believe will successfully lead to the realization of enhanced shareholder value. We analyze each 13D event and makes a decision as to how much, if any, to allocate to the Fund. The investment decision is based primarily on an analysis of the history/track record of the activist, type of activism employed, sector and probability of a success. The decision is based primarily on an analysis of the 13D event. [Read more...] Quick Fund Facts 13D Activist Fund is the first mutual fund to offer an expert exposure to activist investing as its primary investment strategy. Managed by Ken Squire, founder of 13D Monitor, the leading qualitative activist research product to the institutional market. Invests in companies that are the subject of what the Fund management believes to be the most compelling 13D filings of activist investors. Follows 10–15 different activists in 20–40 different positions. Fund Manager analyzes the 13D event, including the track record of activist, type of activism employed, sector and chances of a successful activist campaign. Used in Portfolios as a core mid-cap, core all-cap and an alternative investment. CNBC Activist Spotlight Portfolio Manager Interviews CNBC Halftime Report: State of the Activist Investor Source: CNBC - 5/13/2021 CNBC Fast Money: An Opportunity For Activists Source: CNBC - 4/17/2020 CNBC Interview: 2017 Activism Recap and a 2018 Forecast Source: CNBC - 1/22/2018 Bill Ackman looks at a company's potential: 13D Monitor's Ken Squire Source: CNBC - 8/4/2017 Why are activist investors back? Source: CNBC - 2/23/2017 [See more...] In the News Activist investors are set to capitalize on the market turmoil, so here’s a way to track them From 2007 through 2019, I wrote the weekly Activist Spotlight column at Barron’s. I have now joined the CNBC team and will be writing the weekly update exclusively for CNBC readers. Due to the coronavirus crisis we have delayed the launch of this column, but we believe now is the right time to start focusing on company fundamentals and catalysts. [Read more...] Source: CNBC - April 18, 2020 The founder of 13D on what it takes to be an activist investor, how individual investors can play the activist game and why activism is good for society. When Ken Squire decided to start a research service analyzing the securities filings of hedge fund managers in 2006, the strategy he planned to cover—what we now call shareholder activism—was a tiny niche in the hedge fund world. [Read more...] Source: Worth.com - February 13, 2019 13D Activist Fund Posts 19.57% Return for 2016 and a Five-Year Track Record Besting the S&P 500 Highlights the Benefits of Pure, Diversified and Complete Exposure to a Successful Strategy [Read more...] Source: Morningstar.com - January 17, 2017 [See more...] Please remember that past performance may not be indicative and is no guarantee of future results. The fund performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Fund performance, especially for very short periods of time, should not be the sole factor in making your investment decisions. There is neither a front-end load nor a deferred sales charge for the 13D Activist Fund I Class Shares. The A Class shares are subject to a maximum front-end load of 5.75%. Shares held for less than 30 days of both classes are subject to a 2.00% redemption fee. The total operating expense ratio (including indirect expenses such as the costs of investing in underlying funds), as stated in the fee table in the Fund’s prospectus dated January 29, 2018, is 1.51% for I Class, 1.76% for A Class and 2.51% for C Class. For most recent month end information, please visit www.13DActivistFund.com (https://www.13DActivistFund.com) or call toll-free 1-877-413-3228. Investors should carefully consider the investment objectives, risks, charges and expenses. This and other important information is contained within the Prospectus, which can be obtained by calling 877-413-3228. The Fund Prospectus should be read carefully before investing. The fund is distributed by Foreside Financial Services, LLC. 13D Monitor and 13D Management, LLC are not affiliated with Foreside Financial Services LLC. The Fund recently experienced significant negative short-term performance due to market volatility associated with the COVID-19 pandemic. Overall stock market risks will affect the value of individual instruments in which the Fund invests. Factors such as economic growth, market conditions, interest rate levels, and political events affect the U.S. securities markets. When the value of the Fund's investments goes down, your investment in the Fund decreases in value and you could lose money. The Fund is a non-diversified investment company, which makes the value of the Fund's shares more susceptible to certain risks than shares of a diversified investment company. The Fund has a greater potential to realize losses upon the occurrence of adverse events affecting a particular issuer. The value of small or medium capitalization company stocks may be subject to more abrupt or erratic market movements than those of larger, more established companies or the market averages in general. The Morningstar Rating for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed end funds, and separate accounts) with at least a three-year history. Exchange –traded funds and open ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are 100% three-year rating for 36- 59 months of total returns, 60% five-year rating/40%three-year rating for 60-119 months of total returns, and 50% 10-year rating/30%five-year rating/20%three-year rating for 120 or more months of total returns. While the 10-year overall rating formula seems to give the most weight to the 10-year period, the most recent three –year period actually has the greatest impact because it is included in all three rating periods. © 2021 - 13D Management, LLC