Under normal market conditions, the fund invests at least 80% of its assets (plus the amount of borrowings, if any) in long and short positions in equity instruments of any market capitalization. Equity instruments include domestic and foreign common stock, preferred stock, depositary receipts, equity swaps (including single-name, index, and basket swaps), options, equity index futures, and other investment companies (such as ETFs, mutual funds, and closed-end funds) that invest in these types of securities.

Nasdaq

CPIEX

The fund invests in mutual funds, closed-end funds and passively and actively managed exchange traded funds ("ETFs") that invest in (i) high yield instruments (also known as "junk") (including bonds, bank loans, preferred stock, floating rate bonds and debt and municipal high yield debt); (ii) obligations issued or guaranteed by the United States government, its agencies or instrumentalities, including U.S. treasuries (with an average duration of up to 5 years); and (iii) cash and cash equivalents (including money market funds).

CPITX

The investment seeks tax-free income and capital preservation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any) in, or derives at least 80% of its income from, municipal bonds. It may indirectly and directly invest in issuers located in U.S. territories, commonwealths, possessions or protectorates. The fund may invest in debt securities of any credit quality or maturity. It may invest up to 100% of its assets in below investment grade securities.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
CPIEX	Counterpoint Tactical Equity Fund	Long-Short	Nov 29, 2015	1.75%	17.64%	—	2.08%
CPITX	Counterpoint Tactical Income Fund	Nontraditional Bonds	Dec 3, 2014	1.46%	2.02%	—	5.87%
TMNIX	Counterpoint Tactical Municipal Fund	High Yield Muni	Jun 10, 2018	1.00%	1.58%	—	3.09%

Counterpoint Mutual Funds Mutual Funds List

Risk vs. Return Scatterplot