We’re pleased to announce that our previously private investment partnership, the Long Only Equity Growth Strategy, has transitioned into a more accessible format: an Exchange-Traded Fund (ETF) named The Nightview Fund.
As of June 24, 2024, The Nightview Fund trades on the New York Stock Exchange under the ticker NITE. It is available on all major brokerages.
For more details on performance since our Strategy’s inception in 2012, we invite you to explore our strategy website.
The Benefits of an ETF Structure
Transitioning to an ETF was a strategic decision aimed at providing a tax-efficient, highly liquid investment structure for our partners.
We also believe it’s an ideal structure for individual investors, family offices, Registered Investment Advisors (RIAs), and other investment professionals.
The Nightview Fund ETF offers several benefits:
- No minimum investment requirements
- No lockups
- No performance fees
- Managed and structured for maximum tax efficiency [See here for more information.)
- Daily positional transparency
- Regular updates from our investment team
Why invest in The Nightview Fund?
The Nightview Fund is designed as a concentrated, growth-oriented portfolio of what we believe are our “best ideas.”
The actively managed portfolio will hold between 15 to 25 securities that trade on U.S. exchanges. The strategy is managed with a straightforward mission: to outperform the S&P 500 Total Return Index over a rolling 5-year period.
You can view more information about the Fund’s details on The Nightview Fund website.
Our Investment Philosophy
Our investment philosophy is built on a simple idea: we stay focused on our best ideas through the inevitable fluctuations of the market. Over the long-term, we believe this approach is the best path to compound returns and help mitigate risk for our investors.
Who Should Invest?
Our strategy is ideally suited for any long-term investor who values the power of concentration and is seeking an actively managed equity growth strategy. This includes both individual investors managing their own portfolios—and professional allocators.
Learn More
If you’re interested in learning more about Nightview Capital, we welcome you to contact us: info@nightviewcapital.com
Investors should consider the investment objectives, risks, and charges and expenses of the Fund(s) before investing. The prospectus contains this and other information about the Fund and should be read carefully before investing. The prospectus may be obtained at (866) 666- 7156.
The Fund is distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC.
Investing involves risk, including loss of principal. There is no guarantee the fund will achieve its investment objective. As an actively-managed ETF, the fund is subject to management risk. The ability of the Adviser to successfully implement the fund’s investment strategies will significantly influence the fund’s performance. The fund is classified as “non-diversified” under the 1940 Act.
Non-Diversification Risk. Investment in the securities of a limited number of issuers or sectors exposes the Fund to greater market risk and potentially greater market losses than if its investments were diversified in securities and sectors.
Secondary Market Liquidity Risk. Shares of the Fund may trade at prices other than NAV. As with all exchange traded funds (“ETFs”), Fund shares may be bought and sold in the secondary market at market prices. The trading prices of the Fund’s shares in the secondary market generally differ from the Fund’s daily NAV and there may be times when the market price of the shares is more than the NAV (premium) or less than the NAV (discount). This risk is heightened in times of market volatility or periods of steep market declines. Additionally, in stressed market conditions, the market for the Fund’s shares may become less liquid in response to deteriorating liquidity in the markets for the Fund’s underlying portfolio holdings.
New Fund Risk. The Fund is newly formed, which may result in additional risk. There can be no assurance that the Fund will grow to an economically viable size, in which case the Fund may cease operations. The Fund may be liquidated by the Board of Trustees (the “Board”) without a shareholder vote. In such an event, investors may be required to liquidate or transfer their investments at an inopportune time.
The Fund is newly formed and has no operating history.
This investment may not be suitable for all investors and ETFs are subject to loss of principal.
