CWXCX

About CWXCX

Catalyst/Warrington Strategic Program Fund is an open-end mutual fund that pursues long-term capital appreciation through an absolute return approach focused on derivatives tied to U.S. equity indexes. The strategy primarily buys and sells short-term call and put options—and constructs option spreads—on Standard & Poor’s 500 Index futures while holding cash and cash equivalents such as U.S. Treasury securities and money market funds. By combining volatility trading, trend-following, and option spread techniques, the portfolio seeks to capture returns across varying market regimes, including periods of changing implied volatility and directional moves in equity indexes. The fund may also take long or short positions in stock index futures for hedging or to manage option exposures, including using futures to facilitate option closing transactions. Sub-advised by Warrington Asset Management, the program reflects a systematic, options-centric methodology designed to deliver differentiated return drivers relative to traditional equity or bond holdings within a diversified allocation.