THIDX — Toews Hedged Oceana Fund
Data updated: 2026-03-31
THIDX — Toews Hedged Oceana Fund. United States Multi-Cap / All-Cap Blend / Core Equity · $25.12M AUM. Holdings, fees, performance and SEC filings.
THIDX Fund Overview
THIDX — Toews Hedged Oceana Fund is a US mutual fund managed by Northern Lights Fund Trust, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. 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: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $25.12M
- 1-year return: 34.1%
- Ticker: THIDX
- SEC CIK: 0001314414
- SEC series ID: S000027929
- Share class ID: C000084893
THIDX Investment Objective and Strategy
Toews Hedged Oceana 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 seeks to provide long-term growth of capital.
Principal investment strategy
The adviser seeks to achieve the Funds investment objectives by investing primarily in futures contracts primarily linked to developed market issuers outside the U.S. or stock indices compromised of non-U.S. developed market issuers, as well as investment grade fixed-income securities and cash equivalents. The Fund defines non-U.S. developed markets as those countries included in the MSCI EAFE Index (the EAFE Index). As of August 2018, the EAFE Index countries are: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom. Similarly, the Fund defines non-U.S. developed market derivatives as those linked to securities of issuers in EAFE Index countries.
The adviser employs what it defines as a hedging strategy by investing in a combination of securities and derivatives that it believes will produce economic exposure along a continuum similar to that of the securities in the EAFE Index. The Funds level of economic exposure will range from 0% to 125% of the Advisers expected total return of the EAFE Index. The adviser may also use a representative sampling indexing strategy to manage the Fund. This indexing strategy involves investing in a representative sample of securities that collectively has an investment profile similar to that of the EAFE Index. In seeking to provide some downside protection, the Fund employs an options strategy. In favorable markets, the Fund purchases out of the money put options on broad-based market and futures market indices.
The value of such put options will increase during market declines and may help reduce the Funds potential losses during such periods. In unfavorable markets, the Fund will close out those option positions. Additionally, the Fund may purchase call options on broad-based market and futures market indices during unfavorable markets. The value of such call options will increase during rising markets and may help the Fund capture positive returns that otherwise may have been missed in a rising market. Generally, the adviser does not attempt to evaluate individual securities. The adviser uses technical analysis, including monitoring price movements and momentum, of developed international markets in an effort to identify the proper weighting of the Funds portfolio. The adviser buys and sells securities and derivatives to increase or decrease the Funds exposure to the countries that make up the EAFE Index.
The advisers decision to buy or sell a Fund holding will be made based on current market conditions and the advisers determination of the appropriate exposure level to securities representative of the EAFE Index. The Funds adviser may engage in active and frequent trading of the Funds portfolio securities and derivatives to achieve the Funds investment objective.
THIDX Holdings
Top 2 holdings of Toews Hedged Oceana Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Vanguard Tax Managed Funds | 98.12% |
| Option Issuer | 0.26% |
THIDX Portfolio Allocation
Asset-class allocation of Toews Hedged Oceana Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.1% |
| Derivatives | 0.3% |
THIDX Performance
Total returns for THIDX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.7% |
| 1 year | 34.1% |
| 3 years (annualised) | 12.2% |
| 5 years (annualised) | 6.5% |
THIDX Risk Information
Risk metrics for THIDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.1%
THIDX Costs and Fees
THIDX costs about $128 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.28%
- Gross expense ratio: 1.68%
- Portfolio turnover: 150%
- Brokerage commissions: 3.81 bps of average net assets (SEC N-CEN)
THIDX Cashflows
Over the 12 months to 2026-01, Toews Hedged Oceana Fund had net outflows of $9.76M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-01 | −$274.97K |
| 2025-12 | −$136.54K |
| 2025-11 | −$458.91K |
| 2025-10 | −$767.16K |
| 2025-09 | −$311.83K |
| 2025-08 | −$639.66K |
THIDX Debt Constituents
No individual debt constituents are reported in Toews Hedged Oceana Fund's latest SEC N-PORT filing.
THIDX Prospectus and SEC Filings
Official Toews Hedged Oceana Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-08-22
- Prospectus (485BPOS) — filed 2024-08-21
- Prospectus (485BPOS) — filed 2023-08-25
- Portfolio holdings (N-PORT) — filed 2026-03-31
- Portfolio holdings (N-PORT) — filed 2025-12-29
- Portfolio holdings (N-PORT) — filed 2025-09-23
- Annual census (N-CEN) — filed 2025-07-14
- Annual census (N-CEN) — filed 2024-07-15
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity 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.