FXSAX — Psi Strategic Growth Fund

Data updated: 2023-05-26

FXSAX — Psi Strategic Growth Fund. Money Market · $13.76M AUM · 2.38% expense ratio · -32.1% 1-yr return. Holdings, fees, performance and SEC filings.

FXSAX Fund Overview

FXSAX — Psi Strategic Growth Fund is a US mutual fund managed by Northern Lights Fund 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 Fund Trust
  • Category: Money Market
  • Assets under management: $13.76M
  • 1-year return: -32.1%
  • Ticker: FXSAX
  • SEC CIK: 0001314414
  • SEC series ID: S000029791
  • Share class ID: C000091507

FXSAX Investment Objective and Strategy

Psi Strategic Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Lights Fund Trust.

Investment objective

The Fund primarily seeks long-term capital appreciation

Principal investment strategy

The Funds investment adviser seeks to achieve the Funds primary investment objective by investing in a combination of underlying funds which include open-end investment companies (mutual funds) and exchange traded funds (ETFs) that each invest primarily in (1) U.S. fixed income securities, (2) money market securities, (3) U.S. equity securities (common and preferred stocks), (4) Foreign equity securities (common and preferred stocks), or (5) alternative assets, which the Fund defines as commodity-related, currency-related or real estate-related securities, using the advisers market analysis strategy, or (6) inverse securities designed to produce short positions with returns opposite to the securities index to which they are linked. The adviser seeks to achieve the Funds secondary investment objective, in part, by investing in alternative assets, which it believes have returns that are not highly correlated to those of the equity or fixed income markets in general, and by hedging up to 50% of the Funds assets through derivatives or by purchasing inverse ETFs (securities designed to produce short positions with returns opposite to the securities index to which they are linked).

The adviser may also use derivatives as a substitute for securities to fulfill either the primary or secondary investment objective. Fund assets are selected by the adviser without restriction as to minimum issuer credit quality, sector, capitalization, country of origin, or security maturity. Fixed income ETFs may invest in non-investment grade fixed income securities, commonly known as high yield or junk bonds that are rated below Baa3 by Moodys Investors Service or similarly by another rating agency. Foreign common stock ETFs may invest in common stock of companies located in emerging market countries. The use of Growth in the Funds name refers, generally, to the goal of growth of investment rather than a strategy of investing in relatively high-growth companies. The advisers market analysis strategy assesses the return outlook for segments of the capital markets by giving consideration to both the long term historic risk (as measured by volatility of returns) and return characteristics of the various asset classes, as well as how fundamental drivers, such as economic growth rates, could be expected to shape the future return and risk characteristics.

The strategy relies on broad asset class representation and the inclusion of lower correlated asset classes to reduce expected volatility and deliver favorable performance under various market conditions. The adviser anticipates that, based upon its analysis of long-term historical returns and volatility of various asset classes, the Fund will allocate assets in the following ranges. Asset Class Percent Allocation Equity 25% to 150% Fixed Income 0% to 100% Alternative Asset 0% to 50% The adviser buys securities within specific market segments when its market analysis indicates a high probability that the segments and securities are likely to outperform competing investments. The adviser sells securities to reduce exposure to a market segment or a security when its analysis indicates that the segment or security is likely to underperform competing investments.

The adviser will buy and sell derivatives for similar reasons. The adviser may engage in frequent buying and selling of securities to achieve the Funds investment objectives, resulting in higher transactional and brokerage costs to the Fund.

FXSAX Performance

Total returns for FXSAX (as of 2026-10-01), from SEC filings.

PeriodTotal return
1 year-32.1%
3 years (annualised)1.3%

FXSAX Risk Information

Risk metrics for FXSAX, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 17.0%

FXSAX Costs and Fees

FXSAX costs about $238 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 2.38%
  • Gross expense ratio: 2.84%
  • Portfolio turnover: 4134%
  • Brokerage commissions: 98.77 bps of average net assets (SEC N-CEN)

FXSAX Cashflows

Over the 12 months to 2023-03, Psi Strategic Growth Fund had net inflows of $10.13M, from monthly SEC N-PORT filings.

MonthNet flow
2023-03$1.28M
2023-02$1.11M
2023-01$883.09K
2022-09$562.27K
2022-08$366.47K
2022-07$309.35K

FXSAX Debt Constituents

No individual debt constituents are reported in Psi Strategic Growth Fund's latest SEC N-PORT filing.

FXSAX Prospectus and SEC Filings

Official Psi Strategic Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

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.