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Fund Brochure
BLNDX/REMIX

The Standpoint Multi-Asset Fund is a mutual fund for U.S. investors seeking an all-weather investment solution.

What is an All-Weather Approach?

An all-weather approach is an asset allocation methodology that diversifies across geographic regions, asset classes, and investment styles. The goal of this multi-layered diversification is to shield investors from the pitfalls of concentrated investing by relying on thoughtful preparation rather than unreliable predictions.

  • Endowment style multi-asset and multi-strategy diversification

  • Decades of proven resiliency across varied economic environments

  • Disciplined rebalancing between uncorrelated, independent assets

Reasons To Invest

Increased diversification

An all-weather approach can diversify a portfolio against over-reliance on traditional equity and fixed income investments and prepare investors for a wide range of market environments.

Intelligently packaged

The Multi-Asset Fund was developed with the investor top of mind; investing in a low fee, tax efficient, all-weather portfolio can enhance investor results.

A desired outcome

An all-weather approach captures returns from multiple asset classes potentially allowing for low volatility returns that can help investors stay invested for the long term.

The Fund

The Standpoint Multi-Asset Fund utilizes an all-weather approach to investment management. The goal of the Fund is to provide investors with stable returns in a wide range of potential economic conditions, specifically market conditions that have historically been difficult for traditional equity and bond portfolios. To achieve this, the Fund seeks diversification across geographic regions, independent asset classes, and complementary investment strategies.

Global Equities

Market-cap weighted equity positions with active risk management designed to deliver equity market exposure to developed countries.

Commodities & Currencies

Investments in commodities and currencies have the potential to add value to the portfolio during periods of inflation or deflation.

Fixed Income

Fixed income holdings seek to enhance returns and act as a risk reducer in a variety of market conditions.

Equity Exposure

Standpoint uses a market-cap weighted equity strategy with active risk management designed to deliver equity market exposure to developed markets.

Characteristics

  • Participates in global equity markets using exchange traded funds (ETFs) and equity futures contracts.
  • Exposure to equity markets of developed countries.
  • Ability to be long, short, or flat futures contracts can help enhance returns and reduce declines.
  • Designed to perform well during periods of growth and inflation and become more defensive during periods of prolonged economic contraction.

Exposure to 25+ countries

  • USA
  • Germany
  • Switzerland
  • Canada
  • Israel
  • United Kingdom
  • Austria
  • Italy
  • Australia
  • Belgium
  • Netherlands
  • Hong Kong
  • Denmark
  • Portugal
  • Japan
  • Finland
  • Norway
  • New Zealand
  • Luxembourg
  • Spain
  • Singapore
  • France
  • Sweden
  • + Others

Commodity and Currency Exposure

Investments in commodities and currencies have the potential to add value to the portfolio during periods of inflation or deflation. By participating in markets around the world that are not typically found in portfolios, the Standpoint Multi-Asset Fund can deliver returns that are unavailable to traditional portfolios of equity and fixed income.

Characteristics

  • Comprised of exchange traded futures contracts.
  • Futures positions are actively managed with the ability to establish long, short, or flat positions.
  • Opportunities are identified using a systematic and risk managed approach.
  • Designed to perform well during periods of inflation or deflation, specifically when traditional investments like equities and bonds struggle.

Exposure to Multiple Sectors

  • Grains
  • Energy
  • Metals
  • Meats
  • Soft Commodities
  • Currencies

Fixed Income Exposure

The Standpoint Multi-Asset Fund employs a fixed income strategy which seeks to enhance returns and act as a risk reducer in a variety of market conditions. Historically, low risk bonds and access to foreign interest rates have protected portfolios during periods of deflation.

Characteristics

  • The fund uses a variety of financial instruments for fixed income, including: U.S. treasuries, foreign sovereign debt, ETFs, and futures contracts.
  • Futures positions are actively managed with the ability to establish long, short, or flat positions.
  • Treasury bills and ETFs are used to capture a portfolio of continuously rolled fixed income instruments, seeking to add positive returns.
  • Capital efficiency provides the opportunity to collect higher returns as interest rates rise.

Exposure to Multiple Regions

  • U.S.
  • Canada
  • Germany
  • Eurozone
  • U.K.
  • Italy
  • Japan
  • Australia
  • Switzerland

Investment Universe

Fixed Income

  • 10-Year Australian Govt Bond
  • 3-Year Australian Govt Bond
  • 5-Year U.S. T-Note
  • 2-Year U.S. T-Note
  • 10-Year U.S. T-Note
  • Schatz
  • Euro German Bobl
  • Euro German Bund
  • Long Gilt
  • Canada 10-Year Govt Bond
  • 10-Year Japanese Govt Bond
  • Long-Term Italian Govt Bond
  • Euro-OAT
  • Euro Buxl
  • U.S. T-Bond
  • Ultra 10-Year U.S. T-Note
  • Ultra T-Bond
  • Eurodollar
  • 3-Month EURIBOR
  • Canadian Bankers Acceptance
  • 3-Month Euro Swiss Franc
  • 3-Month Sterling

Equities

  • Diversified universe of global equity ETFs
  • e-mini S&P 500 Index
  • Euro STOXX 50 Index
  • FTSE 100 Index
  • Topix
  • Hang Seng Index
  • Nikkei 225 Index
  • S&P Canada 60
  • MSCI Singapore
  • CBOE Volatility Index
  • SPI 200 Index

Currencies

  • British Pound
  • United States Dollar
  • Canadian Dollar
  • Euro
  • Japanese Yen
  • Mexican Peso
  • Australian Dollar
  • New Zealand Dollar
  • Swiss Franc

Industrial Commodities

  • Gold
  • Copper (COMEX)
  • Aluminum
  • Nickel
  • Copper (LME)
  • Zinc
  • Platinum
  • Silver
  • WTI Crude Oil
  • Brent Crude
  • ECX EUA Emissions
  • Gas Oil
  • Crude Oil
  • NY Harbor ULSD
  • Henry Hub Natural Gas
  • Gasoline RBOB

Agricultural Commodities

  • Soybean Oil
  • Corn
  • Soybeans
  • Soybean Meal
  • Wheat
  • Milling Wheat
  • KC Wheat
  • Canola
  • Feeder Cattle
  • Live Cattle
  • Lean Hogs
  • Cocoa
  • Coffee
  • Sugar #11
  • Cotton #2
  • Robusta Coffee
  • London Cocoa
  • White Sugar (#5)

Portfolio Manager Experience

The following is a third-party review of the portfolio management team's experience managing a strategy similar to the Standpoint Multi-Asset Fund.

"The Trustees next reviewed and discussed the performance of another mutual fund investing in managed futures for which one of the portfolio managers served as portfolio manager through September 28, 2018. The Trustees observed that the prior fund had outperformed the Morningstar Managed Futures Category, the Credit Suisse Managed Futures Liquid Index, and the SG Trend Index (a proposed component of the new Fund's blended benchmark index), for the period during which the proposed portfolio manager served as portfolio manager for such other fund. It was the consensus of the Trustees that it was reasonable to conclude that Standpoint has the ability to manage the Fund successfully from a performance standpoint."

- Unified Series Trust Board of Trustees

Portfolio Management Team

Photo of Eric Crittenden

Eric Crittenden

Chief Investment Officer, Portfolio Manager

Standpoint Asset Management, August 2019 –

Prior to founding Standpoint, Eric was a co-founder and the Chief Investment Officer for Longboard Asset Management, where he helped launch two alternative mutual funds. During his tenure at Longboard, Eric managed over $600 million in assets and maintained performance in the top quartile of the funds’ Morningstar investment categories. Earlier in Eric’s career, he was a portfolio manager for a family office and managed a hedge fund for private investors for over 15 years.

Photo of Shawn Serik

Shawn Serik

Portfolio Manager

Standpoint Asset Management, August 2019 –

Prior to founding Standpoint, Shawn was a systems developer at Longboard Asset Management, where he solidified his expertise in programming trading systems. At Longboard, Shawn was able to bring together his experience in risk management and software development for financial instruments. Much of his experience as a software developer and risk analyst was acquired at financial institutions such as the commodities and futures clearing merchant, INTL FC Stone, LLC.

Photo of Mike Striano

Mike Striano

VP of Investment Operations

Standpoint Asset Management, March 2023 –

Mike has over 25 years of industry experience in the global macro hedge fund community. Prior to joining Standpoint, Mike served as Vice President of Operations at Crabel Capital Management, an $8 billion systematic hedge fund, working closely with the back office and client relations teams. Before that, Mike was Vice President at Chesapeake Capital Management, a systematic trend following investment firm. While Mike began his career working on the trading desk, he later assumed roles in client relations and compliance.

Contact Standpoint

info@standpointfunds.com602.688.2918
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Important Risk Information

Past performance does not guarantee future results. Investors should carefully consider the investment objectives, risk, charges, and expenses of the Fund. Diversification does not ensure a profit or guarantee against loss. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling (866) 738-1128 or at standpointfunds.com. The prospectus should be read carefully before investing. The Standpoint Multi-Asset Fund is distributed by Ultimus Fund Distributors, LLC.

Investing involves risk, including loss of principal. There is no guarantee that the fund will achieve its investment objective.

Investment in the Fund carries certain risks. Investing in underlying investment companies, including money market funds and ETFs, exposes the Fund to the investment performance (positive or negative) and risks of the investment companies. ETFs are subject to additional risks, including the risk that an ETFs shares may trade at a market price that is above or below its NAV. The Fund will indirectly bear a portion of the fees and expenses of the underlying fund in which it invests, which are in addition to the Fund’s own direct fees and expenses.

The fund will invest a percentage of its assets in derivatives, such as futures and commodities. The use of such derivatives and the resulting high portfolio turnover may expose the Fund to additional risks that it would not be subject to if it invested directly in the securities and commodities underlying those derivates. The Fund may experience losses that exceed those experienced by funds that do not use futures contracts. The successful use of futures contracts draws upon the Adviser’s skill and experience with respect to such instruments and are subject to special risk considerations. The primary risks associated with the use of futures contracts are (a) the imperfect correlation between the change in market value of the instruments held by the Fund and the price of the forward or futures contract; (b) possible lack of a liquid secondary market for a forward or futures contract and the resulting inability to close a forward or futures contract when desired; (c) losses caused by unanticipated market movements, which are potentially unlimited; (d) the Adviser’s inability to predict correctly the direction of securities prices, interest rates, currency exchange rates, and other economic factors; (e) the possibility that the counterparty will default in the performance of its obligations; and (f) if the Fund has insufficient cash, it may have to sell securities from its portfolio to meet daily variation margin requirements, and the Fund may have to sell securities at a time when it may be disadvantageous to do so.

Foreign investing involves risks not typically associated with US investments, including adverse fluctuations in foreign currency values, adverse political, social, and economic developments, less liquidity, greater volatility, less developed or less efficient trading markets, political instability and differing auditing and legal standards.

17454194-UFD-11/04/2023