Modern Capital Tactical Opportunities Fund
Class ADV
Fund Prices
as of TBD
Current NAV
Previous NAV
Difference
Fund Details
| General Details | |
|---|---|
| NASDAQ Ticker | MCTDX |
| CUSIP Number | 60754R201 |
| Inception Date | 6/23/2021 |
| Minimum Investment | |
|---|---|
| Initial | $10,000.00 |
| Subsequent | $50.00 |
| Management | |
|---|---|
| Portfolio Managers | Peter Montalbano Michael Lowenberg |
| Investment Advisor | Modern Capital Management Co. 1701 Meeting Street Charleston, SC 29405 |
| Distributor | Vigilant Distributors, LLC., Member FINRA/SIPC. 223 Wilmington West Chester Pike, Suite 216 Chadds Ford, PA 19317 |
| State Registrations | |
|---|---|
| The fund is available for sale in the following states: | AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY |
Expenses
| Shareholder Fees | |
|---|---|
| Maximum Sales Charge (Load) Imposed On Purchases (as a % of the offering price) | None |
| Annual Fund Operating Expenses | |
|---|---|
| Management Fees | 0.60% |
| Distribution and/or Service (12b-1) Fees | 0.25% |
| Other Expenses1 | 3.16% |
| Acquired Fund Fees and Expenses2 | 1.40% |
| Total Annual Fund Operating Expenses | 5.41% |
| Fee Waiver and/or Expense Limitation3 | 3.11% |
| Total Annual Fund Operating Expenses After Fee Waiver and Reimbursement | 2.30% |
Performance
| DAILY(as of TBD) | Daily | MTD | YTD | Since Inception | |
|---|---|---|---|---|---|
| Class ADV - MCTDX | - | - | - | - |
| MONTHLY(as of TBD) | 1 Yr. | 3 Yr. | 5 Yr. | Since Inception* | |
|---|---|---|---|---|---|
| Class ADV - MCTDX | - | - | - | - |
| QUARTERLY(as of TBD) | 1 Yr. | 3 Yr. | 5 Yr. | Since Inception* | |
|---|---|---|---|---|---|
| Class ADV - MCTDX | - | - | - | - |
* The Fund inception was 6/23/2021.
The performance information quoted above represents past performance, which is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
1 The operating expenses noted in the table above are estimated based on a full year of average assets under management and exclusive of any grantor trust tax expense.
2 Acquired fund fees and expenses are the indirect costs of investing in other investment companies. Acquired fund fees and expenses and expenses related to borrowing and short sales are estimated for the current fiscal year.
3 The Adviser and Modern Capital Funds Trust (the "Trust") have entered into an expense limitation agreement whereby the adviser has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses, including the adviser's management fee, any 12b-1 fees and organizational expenses (exclusive of (i) any front-end or contingent deferred loads; (ii) brokerage fees and commissions, (iii) acquired fund fees and expenses; (iv) borrowing costs (such as interest and dividend expense on securities sold short); (v) taxes; (vi) specialized pricing services and (vii) extraordinary expenses, such as litigation expenses (which may include indemnification of Trust officers and Trustees, contractual indemnification of Fund service providers (other than the adviser)) in order to limit annual Fund operating expenses to 0.90%, and 0.90% for Class A shares, and Class ADV shares, respectively. These expense limitations will remain in effect until at least July 31, 2023. This agreement may be terminated by the Trust's Board of Trustees (the "Board") upon written notice to the Adviser. The agreement may not be terminated by the Adviser without consent of the Board. The Adviser will be permitted to recover fees and expenses it has borne, within three years after the fees were waived or expenses reimbursed, only to the extent that the Fund's expenses do not exceed the lesser of (1) the expense limit in effect at the time the adviser waives or limits the fees and (2) the expense limit in effect at the time the Adviser recovers fees.
Investments in the Fund are subject to investment risks, including the possible loss of some or all of the principal amount invested. There is no assurance that the Fund will be successful in meeting its investment objective. The Fund is subject to the following additional risks:
Active Trading Risk: Active trading may result in added expenses, a lower return, and increased tax liability. Since the Fund's advisor engages in high turnover trading strategies, the Fund will have high portfolio turnover rates.
Closed End Fund Risk: Closed end funds (CEFs) are subject to investment advisory and other expenses, which will be indirectly paid by the Fund resulting in duplicative fees and expenses. CEFs are also subject to management risk because the advisor to the underlying CEF may be unsuccessful in meeting the fund's investment objective.
Equity Securities Risk: Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. These changes in value may result from factors affecting individual issuers, industries, or the stock market.
More information about these risks can be found in the Fund's prospectus.
An investor should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available at the link below or by calling Shareholder Services at 1-800-773-3863. The prospectus should be read carefully before investing. Current and future holdings are subject to change and risk.
Distributor: Vigilant Distributors, LLC., Member FINRA/SIPC, 223 Wilmington West Chester Pike, Suite 216, Chadds Ford, PA 19317, (800) 773-3863. There is no affiliation between Modern Capital Management Co., including its principals, and Vigilant Distributors, LLC.
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