From October 2019 to April 2020, Zacks Investment Research inadvertently labeled, in articles entitled "Mutual Fund Misfires", last published April 3, 2020, the BTS Tactical Fixed Income Fund as a "misfire" based on a review of inaccurate 5-year annualized return data.
The 5-year annualized return of the BTS Tactical Fixed Income Fund was understated in each "misfires" article. Its actual 5-year returns were higher than the expense ratio and this fund was therefore not a "misfire". The Fund follows a tactical asset allocation strategy under which it seeks to invest, both long and short, in a broad range of fixed income securities. Under normal circumstances, the Fund will invest at least 80% in fixed income securities.
We apologize for the errors relating to the BTS Tactical Fixed Income Fund.
Please contact us at support@zacks.com if you have any questions.
The Zacks Data Team
June 3, 2020
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
From October 2019 to April 2020, Zacks Investment Research inadvertently labeled, in articles entitled "Mutual Fund Misfires", last published April 3, 2020, the BTS Tactical Fixed Income Fund as a "misfire" based on a review of inaccurate 5-year annualized return data.
The 5-year annualized return of the BTS Tactical Fixed Income Fund was understated in each "misfires" article. Its actual 5-year returns were higher than the expense ratio and this fund was therefore not a "misfire". The Fund follows a tactical asset allocation strategy under which it seeks to invest, both long and short, in a broad range of fixed income securities. Under normal circumstances, the Fund will invest at least 80% in fixed income securities.
We apologize for the errors relating to the BTS Tactical Fixed Income Fund.
Please contact us at support@zacks.com if you have any questions.
The Zacks Data Team
June 3, 2020
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>