Managed Volatility Fund

Fixed Income

NAV as of 10/27/25

$ Daily Nav $ Day Change Week High Week Low
Class I 11.15 0.02 11.15 11.15
Class N 11.42 0.02 11.42 11.42
Class Y 11.35 0.02 11.35 11.35

The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. For performance information current to the most recent month-end, please call Fund administrator's shareholder services toll-free at (855)733-3863. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. The Fund's total annual operating expense ratio for Class I is 2.20%.

Objective

The Redwood Managed Volatility Fund seeks a combination of total return and prudent management of portfolio downside volatility and downside loss by using a quantitative strategy that seeks to identify the critical turning points in the markets for high-yielding fixed-income.

Highlights

  • A non-traditional approach to fixed-income exposure
  • Utilizes a quantitative and tactical approach to risk management
  • Seeks to hold a diversified portfolio of primarily high-yield corporate bond exposure when various risk measurements are favorable, and money market or short-term bond exposure, when risk measures are unfavorable

Investors should carefully consider the investment objectives, risks, charges and expenses of the Redwood Managed Volatility Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 1-855-733-3863. The prospectus should be read carefully before investing. The Redwood Managed Volatility Fund is distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. Redwood Investment Management, LLC is not affiliated with Northern Lights Distributors, LLC.

Risk Disclosure

For a full list of risks, please refer to the prospectus. The following is additional information to the risk described above. The use of leverage by the Fund or an Underlying Fund, such as borrowing money to purchase securities or the use of derivatives, will indirectly cause the Fund to incur additional expenses and magnify the Fund's gains or losses. Derivative instruments involve risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments.

High-Yield Bonds: Portfolios that invest in lower-rated debt securities (commonly referred to as junk bonds) involve additional risks because of the lower credit quality of the securities in the portfolio. The investor should be aware of the possible higher level of volatility, and increased risk of default.

Fixed income investments are affected by a number of risks, including fluctuation in interest rates, credit risk, and prepayment risk. In general, as prevailing interest rates rise, fixed income prices will fall.

Fund Advisor

Redwood is an investment advisor to registered mutual funds, ETF, separately managed accounts, subadvisory accounts, unified managed accounts, and model portfolios. Redwood is an Investment Advisor registered with the SEC under the 1940 Advisor’s Act. Such registration with SEC does not imply certain level of skill or training and no inference to contrary should be made. To learn more about the Fund Advisor, click here.

Fund Facts

Ticker RWDIX
Category Non-Traditional Bond
CUSIP 90213U719
Minimum Investment 10,000
Ticker RWDNX
Category Non-Traditional Bond
CUSIP 90213U693
Minimum Investment 10,000
Ticker RWDYX
Category Non-Traditional Bond
CUSIP 90213U685
Minimum Investment 20,000,000