Steben Managed Futures Strategy Fund

Fund Performance

Daily Performance | as of December 12, 2018
NAV Daily
$ Change
Daily
% Change
MTD YTD Inception
to Date*
Class A $8.56 -$0.09 -1.01% -0.39% -7.65% 1.23%
Class A w/Load** $8.56 -$0.09 -1.01% -6.12% -12.96% -.03%
Class C $8.25 -$0.09 -1.03% -0.42% -8.30% .49%
Class I $8.66 -$0.09 -1.01% -0.38% -7.42% 1.46%
Class N $8.56 -$0.09 -1.01% -0.39% -7.63% 1.23%

 

Month-End Performance | as of November 30, 2018
Month YTD Inception
to Date*
Class A -0.66% -7.28% 1.33%
Class A w/Load** -6.37% -12.62% 0.05%
Class C -0.72% -7.92% 0.58%
Class I -0.64% -7.07% 1.56%
Class N -0.66% -7.27% 1.33%

 

Quarter-End Performance | as of September 30, 2018
QTD YTD Inception
to Date*
Class A 1.91% -3.96% 2.17%
Class A w/Load** -3.95% -9.49% 0.84%
Class C 1.72% -4.50% 1.42%
Class I 1.98% -3.78% 2.40%
Class N 1.92% -3.95% 2.17%

*Inception Date: April 1, 2014

Performance data quoted represents past performance and is no guarantee of future results. Returns less than one year are cumulative. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. As stated in the current prospectus, the Fund’s annual operating expense ratio (gross) for Class A, Class C, Class I and Class N shares are 2.24%, 2.99%, 1.99% and 2.24%, respectively. Performance shown at NAV does not reflect any fees or sales charges and would be lower if it did. Investors of Class C shares may be subject to a contingent deferred sales charge (CDSC) of 1.00% for shares redeemed within 12 months of purchase. Class I and Class N shares impose a 1.00% redemption fee on shares sold within 30 days. The CDSC and redemption fee are not reflected in the quoted returns.

**Reflects a deduction for the Fund's Maximum Sales Charge of 5.75%


Foreside Fund Services, LLC, Distributor