Although the Fund is effective, the Investor share class is not yet available for investing.

Investment Objective

The Context Strategic Global Equity Fund seeks capital appreciation while also seeking to preserve capital in severely declining markets.

Category

World Stock

Investment Overview:

The Fund is designed to deliver exposure to global developed equity markets and strives to mitigate risk and preserve capital in severely declining markets.

During normal conditions, the Fund is designed to deliver developed global equity market exposure. During severe market declines, the Fund strives to deliver returns higher than the developed global equity market indices with minimal negative impact on performance. By investing, under normal conditions, at least 80% of its net assets (plus borrowings for investment purposes) in securities that provide exposure to developed equity markets. The Fund will maintain these exposures by investing in a broad and diverse group of global stock indices in developed markets.

The Fund will invest, under normal conditions, in at least three countries (one of which may be the U.S.) with at least 40% of its net assets invested in countries other than the U.S.

For a portion of its investments, the Fund will also seek to reduce the volatility of its net asset value, by investing in “long” positions in volatility instruments, such as volatility futures on various equity indices (for example, the S&P 500 Index, or the Euro Stoxx Index).

During market declines, volatility instruments often move in the opposite direction of equity markets, and can act as a useful tool to help offset losses in equity markets.

The Fund has no market capitalization constraints. A significant portion of the Fund’s assets may be held in cash or cash equivalents including, but not limited to, money market instruments.


*Context Advisers III, LLC (the “Adviser”) has contractually agreed to waive its fee and/or reimburse Fund expenses to limit Total Annual Fund Operating Expenses of Institutional Shares to 1.97% through April 30, 2018.

IMPORTANT INFORMATION

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the attached prospectus. Please read the prospectus carefully before investing.

An investment in the Fund is subject to risk, including the possible loss of principal amount invested. Other risks are detailed in the prospectus and include, but are not limited to, the following:

  • Investments in futures contracts involve additional costs, may be more volatile than other investments and may involve a small initial investment relative to the risk assumed.
  • The Fund may use derivatives (including futures, options and swap agreements) to enhance returns or hedge against market declines. The Fund’s derivative investments have risks, including the possible default of the other party to the transaction; and the illiquidity of the derivative investments.
  • Investing in exchange-traded funds (ETFs) subjects the Fund to substantially the same risks as those associated with the direct ownership of the securities or other property held by the ETFs.
  • Foreign investments may be subject to the same risks as domestic investments and to additional risks which include international trade, currency fluctuation, and political, regulatory and diplomatic risks, which may affect their value. Foreign investments may also suffer from a lack of timely or reliable financial information.
  • The Fund is "non-diversified", investing in fewer securities at any one time than a diversified fund.
  • Investments in small and medium capitalization companies may be less liquid and their securities’ prices may fluctuate more than those of larger, more established companies.The Fund intends to derive at least 90% of its gross income each taxable year from qualifying income in order to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code. Changes in the tax laws of the United States could negatively affect the Fund.
  • Newly organized Funds have no or minimal trading history, and there can be no assurance that active trading markets will be maintained.

Context Strategic Global Equity Fund is registered with the United States Securities and Exchange Commission pursuant to the Investment Company Act of 1940 and distributed by Foreside Fund Services, LLC (“Foreside”). Context Advisers III, LLC is the adviser to Context Strategic Global Equity Fund and is not affiliated with Foreside.

Returns (%) Monthly as of Date 03/31/2017Quarterly As of Date 03/31/2017
month ytd 1 Year since inception
CGPGX 0.02 % 4.77 % 0.00 % 12.10 %
quarter ytd 1 Year since inception
CGPGX 0.05 % 4.77 % 0.00 % 12.10 %

Performance data quoted represents past performance and is no guarantee of future results. 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 the original cost. Returns for one year or less are cumulative. Shares redeemed within 90 days of purchase will be charged a 2.00% redemption fee. For performance current to the most recent month-end, please click here.

*Context Advisers III, LLC (the “Adviser”) has contractually agreed to waive its fee and/or reimburse Fund expenses to limit Total Annual Fund Operating Expenses of Institutional Shares to 1.97% through April 30, 2018.

IMPORTANT INFORMATION

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the attached prospectus. Please read the prospectus carefully before investing.

An investment in the Fund is subject to risk, including the possible loss of principal amount invested. Other risks are detailed in the prospectus and include, but are not limited to, the following:

  • Investments in futures contracts involve additional costs, may be more volatile than other investments and may involve a small initial investment relative to the risk assumed.
  • The Fund may use derivatives (including futures, options and swap agreements) to enhance returns or hedge against market declines. The Fund’s derivative investments have risks, including the possible default of the other party to the transaction; and the illiquidity of the derivative investments.
  • Investing in exchange-traded funds (ETFs) subjects the Fund to substantially the same risks as those associated with the direct ownership of the securities or other property held by the ETFs.
  • Foreign investments may be subject to the same risks as domestic investments and to additional risks which include international trade, currency fluctuation, and political, regulatory and diplomatic risks, which may affect their value. Foreign investments may also suffer from a lack of timely or reliable financial information.
  • The Fund is "non-diversified", investing in fewer securities at any one time than a diversified fund.
  • Investments in small and medium capitalization companies may be less liquid and their securities’ prices may fluctuate more than those of larger, more established companies.The Fund intends to derive at least 90% of its gross income each taxable year from qualifying income in order to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code. Changes in the tax laws of the United States could negatively affect the Fund.
  • Newly organized Funds have no or minimal trading history, and there can be no assurance that active trading markets will be maintained.

Context Strategic Global Equity Fund is registered with the United States Securities and Exchange Commission pursuant to the Investment Company Act of 1940 and distributed by Foreside Fund Services, LLC (“Foreside”). Context Advisers III, LLC is the adviser to Context Strategic Global Equity Fund and is not affiliated with Foreside.

Portfolio Oversight
Andrew Wert
Managing Director, Investments
Education: BS-University of Richmond
Prior Experience: Proprietary Trader at BNP CooperNeff, Brown University Investment Office, Cohesion Capital, LLC
Andrew Dudley, CFA
Managing Director, Investments
MBA-University of Chicago, Booth School of Business; BA-Yale University
Prior Experience: Senior Investment Director in Global Asset Allocation at Putnam Investments; Senior Portfolio Manager at Fidelity Investments
Subadviser

Granite Peak Capital Management, LLC

  • Portfolio Manager: Daken Vanderburg, CFA
  • Investment Strategy: Diversified Global Equity portfolio in one or more futures contacts designed to deliver a degree of protection during equity market drawdowns. Strategy uses index futures.
Purchase of shares
CGPGX
Institutional
Minimum Initial Investment$1,000,000
Minimum Additional InvestmentNone
Shareholder fees
CGPGX
Institutional
Sales LoadNone
Deferred Sales LoadNone
Redemption Fees2.00%
(if redeemed within 90 days of purchase)
Annual fund operating expenses
CGPGX
Institutional
Management Fees1.59%
Distribution (12b-1) FeeNone
All Other Expenses2.98%
Total Annual Fund Operating Expenses4.57%
Less Fee Waivers-2.60%
Total Annual Fund Operating Expenses after Fee Waivers1.97%

*Context Advisers III, LLC (the “Adviser”) has contractually agreed to waive its fee and/or reimburse Fund expenses to limit Total Annual Fund Operating Expenses of Institutional Shares to 1.97% through April 30, 2018.

To purchase the fund directly, please follow these steps.

Step 1
Step 2
Step 3
Download and Print the Fund account form
Complete Application

If you have any questions, please call (844) 511-9653 (toll-free)

Send Application

Please send the completed application with check or wire instructions to one of the below addresses or Fax to (866) 205-1499.

Application Mailing Addresses
Regular Mail Delivery
Context Capital Funds
c/o ALPS Fund Services
P.O. Box 1920
Denver, CO 80201
Overnight Mail Delivery
Context Capital Funds
c/o ALPS Fund Services
Attn: Transfer Agency
1290 Broadway, Suite 1100
Denver, CO 80203
Mark Alexandridis
Andrew Wert