Biblical Mutual Fund Launches Lower-Cost Institutional Share Class (Ticker: LIOTX)

The biblically responsible Issachar Fund launches an institutional share class after a record year of performance and net inflows.
Eric Smyth
investing
Mar 18, 2021

Lafayette,Louisiana, March 18, 2021The biblically responsible Issachar Fund announces the launch of an I share class (ticker: LIOTX), in addition to the N share class (ticker:LIONX) currently available. This institutional share class is designed to provide a lower expense to investors who can meet the $100,000 initial minimum investment and expand Issachar’s distribution channels. The I share has a lower expense ratio with no 12b-1 fees or upfront fees and is designed for high net worth individuals, institutional investors and financial advisors.  

“We are delighted to make a lower-cost share class available to investors looking to align their investments with biblical values. We believe that the Issachar Fund’s distinctive hedge-fund style risk management delivered in a mutual fund wrapper meets an important need for faith-based investors,” commented Dexter Lyons, portfolio manager of the Issachar Fund.

In 2020, the Issachar Fund grew assets from $11 million to over $50 million as of year end. The actively managed mutual fund delivered returns of 26.19% for the year of 2020 with a maximum drawdown of only -9.87%, and successfully attracted $32.4Mil of net new assets from investors buying into the fund. (See complete list of returns below).

Source

Source: www.investorsfasttrack.com

The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 866-787-8355. Total gross annual fund operating expenses are 2.56% (LIONX) and 2.31% (LIOTX), which have been contractually reduced to 1.97% (LIONX) and 1.72% (LIOTX) net expenses until at least February 1, 2022, at which point the fee reduction may be extended.

ABOUT THE ISSACHAR FUND

The Issachar Fund provides investors with the liquidity, convenience and ease of access of a mutual fund, combined with the institutional risk management qualities of a hedge fund. The fund is a diversified, tactically managed mutual fund that seeks to provide moderate capital appreciation consistent with capital preservation in an attempt to limit life-altering market declines.  

The Issachar Fund is an affiliate of Inspire Investing, a global leader in the biblically responsible investing industry managing $1.4 billion in assets and is listed on the Inc. 5000 list of “Fastest Growing Private Companies In America.” The management team of the Issachar Fund has worked with Inspire since 2019 to help with the conversion to biblically responsible investing and leverage Inspire’s broad network to get the word out about the fund. The Issachar Fund is committed to investing in positive companies making the world a better place and avoiding investments in companies involved in unethical and immoral business practices. We believe this is the right thing to do, both for the world and for portfolio returns.

To learn more about the Issachar Fund, including fact sheets and performance data, visit www.issacharfund.com.

###

For media inquiries, contact:

Eric Smyth
inspire@inspireinvesting.com
(831)382-6572

IMPORTANT RISK INFORMATION

Because the Fund does not invest in Excluded Securities and will divest itself of securities that are subsequently discovered to be ineligible, the Fund may be riskier than other Funds that invest in a broader array of securities because the Fund may have a smaller universe of investments to choose from due to the Adviser’s strategy. Mutual Funds involve risks, including the possible loss of principal.  An investment in the Fund may not be appropriate for all investors.  The Adviser's judgment about the attractiveness, value, and potential appreciation of particular asset classes and securities in which the Fund invests may prove incorrect and may not produce the desired results. There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Issachar Fund. This and other important information about the Fund are contained in the prospectus, which can be obtained by calling 1-866-787-8355. The prospectus should be read carefully before investing. The Fund is distributed by Northern Lights Distributors, LLC, member FINRA/ SIPC. Horizon Capital Management Inc. and Inspire Investing are not affiliated with Northern Lights Distributors, LLC.
NLD Review Code: 5086-NLD-3/3/2021

Share this article

*Advisory Services are offered through CWM Advisors, LLC dba Inspire, a Registered Investment Adviser with the SEC. All expressions of opinion are subject to change. This article is distributed for educational purposes, and it is not to be construed as an offer, solicitation, recommendation, or endorsement of any particular security, products, or services. Investors should talk to their financial advisor prior to making any investment decision.

Subscribe to the Inspire Investing blog

Get the latest cutting edge thought leadership and research on impact investing, biblically responsible investing (BRI) and the value of biblical principles in business and life.

Latest in

investing

All Articles
Start investing today

Start biblically responsible investing today

Our Services
Inspire featured in
© Copyright - Inspire Investing