PROCX — Probabilities Fund
Data updated: 2023-05-26
PROCX — Probabilities Fund. Money Market · $15.90M AUM · 3.18% expense ratio · -12.6% 1-yr return. Holdings, fees, performance and SEC filings.
PROCX Fund Overview
PROCX — Probabilities 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: $15.90M
- 1-year return: -12.6%
- Ticker: PROCX
- SEC CIK: 0001314414
- SEC series ID: S000041963
- Share class ID: C000130314
PROCX Investment Objective and Strategy
Probabilities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Lights Fund Trust.
Investment objective
The Probabilities Fund (the Fund) seeks capital appreciation.
Principal investment strategy
The Fund 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 & Poors 500 (S&P 500) are referred to as Index ETFs. The Fund may also invest in ETFs that employ leverage (Leveraged Index ETFs) in an effort to deliver, on a daily basis, up to three times the performance of the S&P 500 or ETFs which seek returns which are the inverse of a U.S. equity index, (Inverse Index ETFs). In addition, the Fund may hold cash, money market instruments, or other cash equivalents (collectively, Cash Instruments). The Funds adviser uses an active trading strategy based on a proprietary rules-based methodology to determine the Funds 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 Fund 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 Fund will invest in ETFs. During periods that the adviser believes will offer the highest probability of capital appreciation, the Fund will invest primarily in Leveraged ETFs; otherwise, the Fund will invest primarily in Index ETFs. When the adviser believes that market conditions are unfavorable for equities, the Fund will invest in Inverse Index ETFs or Cash Instruments. The Funds investment program will emphasize active management of the Funds investments, with an emphasis on capturing profits on short-term movements. This policy will result in the Fund taking frequent trading positions.
Consequently, the Funds portfolio turnover and brokerage commission expenses may significantly exceed those of most investment entities of comparable size.
PROCX Performance
Total returns for PROCX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -12.6% |
| 3 years (annualised) | 1.1% |
PROCX Risk Information
Risk metrics for PROCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.2%
PROCX Costs and Fees
PROCX costs about $318 per $10,000 invested per year in fund expenses.
- Net expense ratio: 3.18%
- Gross expense ratio: 3.42%
- Portfolio turnover: 1492%
- Brokerage commissions: 1.63 bps of average net assets (SEC N-CEN)
PROCX Cashflows
Over the 12 months to 2023-03, Probabilities Fund had net inflows of $29.68M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-03 | $1.99M |
| 2023-02 | $5.83M |
| 2023-01 | $2.82M |
| 2022-12 | $759.34K |
| 2022-11 | $6.83M |
| 2022-10 | $4.35M |
PROCX Debt Constituents
No individual debt constituents are reported in Probabilities Fund's latest SEC N-PORT filing.
PROCX Prospectus and SEC Filings
Official Probabilities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-26
- Prospectus (485BPOS) — filed 2021-05-06
- Prospectus (485BPOS) — filed 2021-02-03
- Portfolio holdings (N-PORT) — filed 2023-05-26
- Portfolio holdings (N-PORT) — filed 2023-02-27
- Portfolio holdings (N-PORT) — filed 2022-11-21
- Annual census (N-CEN) — filed 2023-03-15
- Annual census (N-CEN) — filed 2022-03-16
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.