The bar chart below shows how the Fund’s investment results vary from year to year. The table below shows how the Fund’s average annual total returns compare over time to those of a broad-based securities market index. This information provides some indication of the risks of investing in the Fund. Past performance (before and after taxes) of the Fund is not necessarily an indication of how it will perform in the future. Updated performance information will be available at no cost by calling (877) 244-6235 or at the Fund’s website at www.m3sixtycapital.com.
During the period shown in the bar chart, the highest return for a quarter was 18.99% during the quarter ended June 30, 2020, and the lowest return for a quarter was (19.92)% during the quarter ended March 31, 2020.
M3Sixty Income and Opportunity Fund |
One Year |
Five Years |
Since Inception (January 21, 2016) |
| Institutional Class | |||
| Return Before Taxes | 11.40% | 6.46% | 6.98% |
| Return After Taxes on Distributions | 8.53% | 5.22% | 5.44% |
| Return After Taxes on Distributions and Sale of Fund Shares | 7.76% | 4.77% | 5.06% |
| Class A | |||
| Return Before Taxes | 5.01% | 5.01% | 6.11% |
S&P 500® Total Return Index1 (reflects no deduction for fees, expenses, or taxes) |
17.88% |
14.42% |
15.93% |
| 1 | The S&P 500® Total Return Index is a broad unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. Please note that indices do not take into account any fees and expenses for investing in the individual securities that they track, and individuals cannot invest directly in any index. |
The average annual total returns for the Fund’s Class A shares are reduced to reflect the maximum applicable sales charge. After-tax returns are calculated using the historical highest individual federal income tax rates in effect as of December 31, 2025, and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). After-tax returns are shown for only the Institutional Class shares, and after-tax returns for the Class A shares will vary.