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Nasdaq - Delayed Quote USD

Mutual Fund & Variable Insurance Trust - Rational/NuWave Enhanced Market Opportunity Fund (NUXAX)

6.58
0.00
(0.00%)
At close: December 22 at 8:00:38 PM EST

Fund Summary

The investment seeks long-term capital appreciation. The fund invests in a portfolio of equity securities in combination with long and short positions in commodities and financial futures. Its investments in the Futures Component will result in economic leverage, which means the sum of the fund’s investment exposures through the Futures Component may significantly exceed the amount of assets invested in the Futures Component, although these exposures may vary over time. The fund is non-diversified.

Mutual Fund & Variable Insurance Trust - Rational/NuWave Enhanced Market Opportunity Fund

Rational Funds
36 North New York Avenue
800-253-0412

Fund Overview

Category Allocation--70% to 85% Equity
Fund Family Rational Funds
Net Assets 11.81M
YTD Return -46.37%
Yield 0.61%
Morningstar Rating --
Inception Date Feb 28, 2018

Fund Operations

Last Dividend 0.88
Last Cap Gain 0.00
Holdings Turnover 1,407.00%
Average for Category --

Fees & Expenses

Expense NUXAX Category Average
Annual Report Expense Ratio (net) 2.27% 0.71%
Prospectus Net Expense Ratio 2.27% --
Prospectus Gross Expense Ratio 2.77% --
Max 12b1 Fee 0.25% --
Max Front End Sales Load 5.75% 4.99%
Max Deferred Sales Load -- 1.43%
3 Yr Expense Projection 1,340 --
5 Yr Expense Projection 1,913 --
10 Yr Expense Projection 3,462 --

Management Information

Thomas Braddock, Lead Manager since May 01, 2019
Mr. Braddock, Managing Director and Head Trader of NuWave Investment Management, LLC. Mr. Braddock is responsible for directing all aspects of the firm’s futures execution and clearing efforts across both managed account and fund offerings. Prior to joining the firm in 2002, Mr. Braddock had significant experience in servicing the global execution and clearing needs of a number of leading commodity trading advisors, having directly supervised and/or engineered a variety of futures execution strategies while effectively implementing same day and T+1 trade reconciliation procedures at such firms as Dean Witter Reynolds (1992-1997), Hyman Beck & Company (1997-2000) and Salomon Smith Barney (2000-2002). Mr. Braddock received a B.A. from Western New England College with a major in Business Management.

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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