Probabilities VIT Fund
Data updated: 2022-11-21
C000125514 — Probabilities VIT Fund. Money Market · $2.84M AUM · 2.53% expense ratio · -10.1% 1-yr return. Holdings, fees, performance and SEC filings.
C000125514 Fund Overview
Probabilities VIT Fund is a US mutual fund managed by Northern Lights Variable Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Northern Lights Variable Trust
- Category: Money Market
- Assets under management: $2.84M
- 1-year return: -10.1%
- SEC CIK: 0001352621
- SEC series ID: S000040400
- Share class ID: C000125514
C000125514 Investment Objective and Strategy
Probabilities VIT Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Lights Variable Trust.
Investment objective
The Probabilities VIT Fund (the ?Portfolio?) seeks capital appreciation.
Principal investment strategy
The Portfolio utilizes a fund of funds structure to invest primarily in exchange-traded funds (ETFs), including inverse ETFs and leveraged ETFs. ETFs that seek to track the performance of broad-based U.S. equity indices, principally the Standard & Poor's 500 (S&P 500) are referred to as Index ETFs. The Portfolio may also invest in ETFs which seek returns which are the inverse of a U.S. Equity index, (Inverse Index ETFs) or ETFs that employ leverage in an effort to deliver, on a daily basis, up to three times the performance of the S&P 500 (Leveraged Index ETFs) while the Portfolio, in aggregate, is invested in an effort to deliver, on a daily basis, up to three times the performance of the S&P 500. In addition, the Portfolio may hold cash, money market instruments, or other cash equivalents (collectively, Cash Instruments).
The Portfolios adviser, Probabilities Fund Management, LLC (Probabilities), uses an active trading strategy based on a proprietary rules-based trend-following methodology to determine the Portfolios allocation among Index ETFs, Leveraged Index ETFs, Inverse Index ETFs and Cash Instruments that seeks to take advantage of long-term trends in the market. The Portfolio typically invests in either ETFs or Cash Instruments depending on the advisers assessment of the market. When the adviser believes that conditions are favorable for investment in equities, the Portfolio will invest in index ETFs and leveraged ETFs. During periods that Probabilities believes will offer the highest probability of capital appreciation, the adviser will increase the Portfolios percentage allocation to leveraged ETFs Portfolio will invest primarily in Leveraged ETFs; otherwise, the Portfolio will invest primarily in Index ETFs and the Portfolios percentage allocation to leveraged ETFs will be reduced.
When Probabilities believes that market conditions are unfavorable for equities, the Portfolio will invest in Inverse Index ETFs or Cash Instruments. The Portfolios investment program will emphasize active management of the Portfolios investments, with an emphasis on capturing profits on short-term movements. This policy will result in the Portfolio taking frequent trading positions. Consequently, the Portfolios portfolio turnover and brokerage commission expenses may exceed those of most investment entities of comparable size.
C000125514 Performance
Total returns for C000125514 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -10.1% |
| 3 years (annualised) | -9.0% |
C000125514 Risk Information
Risk metrics for C000125514, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.6%
C000125514 Costs and Fees
C000125514 costs about $253 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.53%
- Gross expense ratio: 4.60%
- Portfolio turnover: 1515%
- Brokerage commissions: 3.80 bps of average net assets (SEC N-CEN)
C000125514 Cashflows
Over the 12 months to 2022-09, Probabilities VIT Fund had net inflows of $5.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-09 | $690.76K |
| 2022-08 | $82.84K |
| 2022-07 | $105.22K |
| 2022-06 | $1.57M |
| 2022-05 | $319.77K |
| 2022-04 | $58.90K |
C000125514 Debt Constituents
No individual debt constituents are reported in Probabilities VIT Fund's latest SEC N-PORT filing.
C000125514 Prospectus and SEC Filings
Official Probabilities VIT Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-19
- Prospectus (485BPOS) — filed 2021-05-05
- Prospectus (485BPOS) — filed 2020-05-04
- Portfolio holdings (N-PORT) — filed 2022-11-21
- Portfolio holdings (N-PORT) — filed 2022-08-26
- Portfolio holdings (N-PORT) — filed 2022-05-26
- Annual census (N-CEN) — filed 2022-03-16
- Annual census (N-CEN) — filed 2021-03-16
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.