LONAX

About LONAX

Longboard Alternative Growth Fund Class A is an open-end mutual fund designed to pursue long-term capital appreciation through alternative investment strategies. This fund employs a combination of systematic long/short equity and macro trend-following strategies, along with cash management, to seek returns that are less correlated to traditional equity markets. The investment approach allows the fund to take both long positions, benefiting from rising asset prices, and short positions, aiming to profit from declining asset prices. The fund maintains a broad and diversified portfolio, typically holding a large number of individual securities and cash equivalents, with a significant portion allocated to stocks and a smaller allocation to cash or cash-like instruments. Its holdings span various sectors and include both large-cap equities and U.S. Treasury bills, emphasizing risk management and liquidity. Managed under the Northern Lights Fund Trust II, Longboard Alternative Growth Fund Class A is considered a non-diversified fund, providing investors exposure to alternative growth strategies as a potential source of diversification and reduced volatility relative to conventional equity funds.