Power Income Fund For more information call: PWRINC NLD-9/29/2010
For Broker Dealer Use Only Power Income Fund The Power Income Fund has a goal of maximizing total return while emphasizing preservation of capital. The fund seeks equity-like returns with traditional bond-like risk and seeks to beat an index of all bonds, corporate and government. This fund is based on our separate account management with over 12 years of what we believe to be successful above market performance with reduced volatility NLD-9/29/2010
For Broker Dealer Use Only Power Income Fund Strategy trades between High Yield Bond Funds and Money Market Funds When High Yields are in an Uptrend Technical Indicators will initiate a Buy Signal When High Yields are in a Downtrend Technical Indicators will initiate a Sell Signal Key is to Capture Majority of Upside and More Importantly Avoid the Majority of Downside 1394-NLD-9/29/2010
For Broker Dealer Use Only Why High Yield Bond Funds? High yields trade on earnings like stocks. However, they trend like bonds; and trends are easier to identify in the high yield market. High yield bond funds typically pay a higher dividend than stock funds. Since high yields are driven by earnings, they have tremendous capital appreciation potential High Yield bonds often are: –Less Interest Rate Sensitive –Not as volatile as stocks 1394-NLD-9/29/2010
For Broker Dealer Use Only Investment Committee William E. Donoghue Jeffrey R. Thompson William Dowler 1394-NLD-9/29/2010
For Broker Dealer Use Only Mutual Funds involve risk including the possible loss of principal. Derivatives are subject to credit risk and liquidity risk. Additionally, even a small investment in derivatives may give rise to leverage risk, and can have a significant impact on the Fund's performance. In general, the price of a fixed income security falls when interest rates rise. The Fund may invest in high yield securities, also known as "junk bonds." High yield securities provide greater income and opportunity for gain, but entail greater risk of loss of principal. Mutual funds and ETFs are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. As a result, your cost of investing in the Fund will be higher than the cost of investing directly in other mutual funds and ETFs and may be higher than other mutual funds that invest directly in fixed income securities. The Fund will incur a loss as a result of a short position if the price of the short position instrument increases in value between the date of the short position sale and the date on which the Fund purchases an offsetting position. A higher portfolio turnover will result in higher transactional and brokerage costs NLD-9/29/2010
For Broker Dealer Use Only Investors should carefully consider the investment objectives, risks, charges, and expenses of the Power Income Fund. This and other information about the Fund is contained in the prospectus and should be read carefully before investing. The prospectus can be obtained by calling toll free ( PWRINC). The Power Income Fund is distributed by Northern Lights Distributors, LLC NLD-9/29/2010