Investment Risks
|
Aug. 25, 2026 |
| PFG American Funds Conservative Income Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The
Fund is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in American Underlying Funds, Other Underlying Funds, and the securities held by American
Underlying Funds and Other Underlying Funds.
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by an American Underlying Fund
or Other Underlying Fund may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by American Underlying Funds or Other Underlying Funds will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by an
American Underlying Fund or Other Underlying Fund later than expected), and prepayment risk
(the debtor may pay its obligation early, reducing the amount of interest payments). Current
conditions have resulted in a rise in interest rates, which in turn may result in a decline
in the value of the fixed income investments held by an American Underlying Fund or Other
Underlying Fund. As a result, for the present, interest rate risk may be heightened. |
| ● | Foreign
Risk. An American Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular American Underlying Funds,
Other Underlying Funds, or securities in which such underlying funds invest, may prove to
be incorrect and there is no guarantee that the Adviser’s judgments will produce the
desired results. In addition, research regarding model portfolios comprised of American Underlying
Funds and Other Underlying Funds, including research regarding asset allocation, may not
prove accurate with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Fund’s portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, climate
change or climate-related events, pandemics, epidemics, terrorism, tarifs and trade wars,
international conficts regulatory events and governmental or quasi-governmental actions.
The occurrence of global events similar to those in recent years such as a worldwide pandemic,
terrorist attacks, natural disasters, social and political discord or debt crises and downgrades,
among others, may result in market volatility and may have long term effects on both the
U.S. and global financial markets. It is difficult to predict when similar events affecting
the U.S. or global financial markets may occur, the effects that such events may have and
the duration of those effects. Any such event(s) could have a significant adverse impact
on the value and risk profile of the Fund. For example, the COVID-19 global pandemic had
negative impacts, and in many cases severe negative impacts, on markets worldwide. It is
not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Mortgage
and Asset-Backed Security Risk. When the Fund invests in asset-backed securities and
mortgage-backed securities, the Fund is subject to the risk that, if the underlying borrowers
fail to pay interest or repay principal, the assets backing these securities may not be sufficient
to support payments on the securities. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in American Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the American Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the American
Underlying Funds and Other Underlying Funds. Similarly , a higher portfolio turnover rate
for the Fund itself will result in higher transactional and brokerage costs. Active trading
may also increase the Fund’s realized capital gains or losses, which may affect the
taxes you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in American Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the American Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the American Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in American Underlying Funds and Other Underlying Funds. Economic,
legislative or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
| ● | Small
Capitalization Stock Risk. The Fund’s investments in American Underlying Funds and
Other Underlying Funds may expose the Fund to risks involved in investing in small capitalization
companies. The stocks of small capitalization companies involve substantial risk. These companies
may have limited product lines, markets or financial resources, and they may be dependent
on a limited management group. In addition, small capitalization companies normally have
a lower trading volume than larger companies, which may tend to make their market price fall
more disproportionately than larger companies in response to selling pressures. |
| ● | Underlying
Funds Risk. American Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the American Underlying Funds and Other Underlying Funds and may also be higher
than other mutual funds that invest directly in equity securities and bonds. Each of the
American Underlying Funds and Other Underlying Funds is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in American Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG American Funds Conservative Income Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by an American Underlying Fund
or Other Underlying Fund may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by American Underlying Funds or Other Underlying Funds will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
|
| PFG American Funds Conservative Income Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG American Funds Conservative Income Strategy Fund | Fixed Income Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by an
American Underlying Fund or Other Underlying Fund later than expected), and prepayment risk
(the debtor may pay its obligation early, reducing the amount of interest payments). Current
conditions have resulted in a rise in interest rates, which in turn may result in a decline
in the value of the fixed income investments held by an American Underlying Fund or Other
Underlying Fund. As a result, for the present, interest rate risk may be heightened. |
|
| PFG American Funds Conservative Income Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. An American Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
|
| PFG American Funds Conservative Income Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular American Underlying Funds,
Other Underlying Funds, or securities in which such underlying funds invest, may prove to
be incorrect and there is no guarantee that the Adviser’s judgments will produce the
desired results. In addition, research regarding model portfolios comprised of American Underlying
Funds and Other Underlying Funds, including research regarding asset allocation, may not
prove accurate with respect to economic and market forecasts. |
|
| PFG American Funds Conservative Income Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Fund’s portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, climate
change or climate-related events, pandemics, epidemics, terrorism, tarifs and trade wars,
international conficts regulatory events and governmental or quasi-governmental actions.
The occurrence of global events similar to those in recent years such as a worldwide pandemic,
terrorist attacks, natural disasters, social and political discord or debt crises and downgrades,
among others, may result in market volatility and may have long term effects on both the
U.S. and global financial markets. It is difficult to predict when similar events affecting
the U.S. or global financial markets may occur, the effects that such events may have and
the duration of those effects. Any such event(s) could have a significant adverse impact
on the value and risk profile of the Fund. For example, the COVID-19 global pandemic had
negative impacts, and in many cases severe negative impacts, on markets worldwide. It is
not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
|
| PFG American Funds Conservative Income Strategy Fund | Medium Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG American Funds Conservative Income Strategy Fund | Mortgage and Asset-Backed Security Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Mortgage
and Asset-Backed Security Risk. When the Fund invests in asset-backed securities and
mortgage-backed securities, the Fund is subject to the risk that, if the underlying borrowers
fail to pay interest or repay principal, the assets backing these securities may not be sufficient
to support payments on the securities. |
|
| PFG American Funds Conservative Income Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in American Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the American Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the American
Underlying Funds and Other Underlying Funds. Similarly , a higher portfolio turnover rate
for the Fund itself will result in higher transactional and brokerage costs. Active trading
may also increase the Fund’s realized capital gains or losses, which may affect the
taxes you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
|
| PFG American Funds Conservative Income Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in American Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the American Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the American Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
|
| PFG American Funds Conservative Income Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in American Underlying Funds and Other Underlying Funds. Economic,
legislative or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
|
| PFG American Funds Conservative Income Strategy Fund | Small Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Stock Risk. The Fund’s investments in American Underlying Funds and
Other Underlying Funds may expose the Fund to risks involved in investing in small capitalization
companies. The stocks of small capitalization companies involve substantial risk. These companies
may have limited product lines, markets or financial resources, and they may be dependent
on a limited management group. In addition, small capitalization companies normally have
a lower trading volume than larger companies, which may tend to make their market price fall
more disproportionately than larger companies in response to selling pressures. |
|
| PFG American Funds Conservative Income Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. American Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the American Underlying Funds and Other Underlying Funds and may also be higher
than other mutual funds that invest directly in equity securities and bonds. Each of the
American Underlying Funds and Other Underlying Funds is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in American Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The
Fund is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund principally through its investments in American Underlying Funds, Other Underlying Funds, and the securities
held by those funds.
| ● | Emerging
Markets Risk. An American Underlying Fund or Other Underlying Funds may invest in emerging
market countries. Emerging market countries may have relatively unstable governments, weaker
economies, and less-developed legal systems with fewer security holder rights. Emerging market
economies may be based on only a few industries and security issuers may be more susceptible
to economic weakness and more likely to default. Emerging market securities also tend to
be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by an American Underlying Fund
or Other Underlying Funds may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by American Underlying Funds or Other Underlying Funds will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from
their net asset value. This difference in price may reflect that the supply and demand in
the market for shares of the ETF at any point in time is not always identical to the supply
and demand in the market for the underlying basket of securities. Accordingly, there may
be times when ETF shares trade at a premium or discount to net asset value. |
| ● | Foreign
Risk. An American Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in the American Underlying Funds
or Other Underlying Funds may expose the Fund to risks involved with investing in large capitalization
companies. Large-capitalization companies may be less able than smaller capitalization companies
to adapt to changing market conditions. Large-capitalization companies may be more mature
and subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular stocks, American Underlying
Funds, Other Underlying Funds, or securities in which such underlying funds invest, may prove
to be incorrect and there is no guarantee that the Adviser’s judgments will produce
the desired results. In addition, research regarding model portfolios comprised of American
Underlying Funds and Other Underlying Funds, including research regarding asset allocation,
may not prove accurate with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in an American Underlying Fund’s or Other Underlying Fund’s portfolio may underperform
due to inflation (or expectations for inflation), interest rates, global demand for particular
products or resources, natural disasters, climate change or climate-related events, pandemics,
epidemics, terrorism, tarifs and trade wars, international conficts, regulatory events and
governmental or quasi-governmental actions. The occurrence of global events similar to those
in recent years such as a worldwide pandemic, terrorist attacks, natural disasters, social
and political discord or debt crises and downgrades, among others, may result in market volatility
and may have long term effects on both the U.S. and global financial markets. It is difficult
to predict when similar events affecting the U.S. or global financial markets may occur,
the effects that such events may have and the duration of those effects. Any such event(s)
could have a significant adverse impact on the value and risk profile of the Fund. For example,
the COVID-19 global pandemic had negative impacts, and in many cases severe negative impacts,
on markets worldwide. It is not known how long the impacts of the significant events described
above would last, but there could be a prolonged period of global economic slowdown, which
may impact your Fund investment. Therefore, the Fund could lose money over short periods
due to short-term market movements and over longer periods during more prolonged market downturns.
During a general market downturn, multiple asset classes may be negatively affected. Changes
in market conditions and interest rates can have the same impact on all types of securities
and instruments. In times of severe market disruptions, you could lose your entire investment. |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in American Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the American Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the American
Underlying Funds and Other Underlying Funds. Similarly, a higher portfolio turnover rate
for the Fund itself will result in higher transactional and brokerage costs. Active trading
may also increase the Fund’s realized capital gains or losses, which may affect the
taxes you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in American Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the American Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the American Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in American Underlying Funds and Other Underlying Funds. Economic,
legislative or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. American Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the American Underlying Funds and Other Underlying Funds and may also be higher
than other mutual funds that invest directly in equity securities and bonds. Each of the
American Underlying Funds and Other Underlying Funds is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in American Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by an American Underlying Fund
or Other Underlying Funds may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by American Underlying Funds or Other Underlying Funds will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from
their net asset value. This difference in price may reflect that the supply and demand in
the market for shares of the ETF at any point in time is not always identical to the supply
and demand in the market for the underlying basket of securities. Accordingly, there may
be times when ETF shares trade at a premium or discount to net asset value. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. An American Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular stocks, American Underlying
Funds, Other Underlying Funds, or securities in which such underlying funds invest, may prove
to be incorrect and there is no guarantee that the Adviser’s judgments will produce
the desired results. In addition, research regarding model portfolios comprised of American
Underlying Funds and Other Underlying Funds, including research regarding asset allocation,
may not prove accurate with respect to economic and market forecasts. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in an American Underlying Fund’s or Other Underlying Fund’s portfolio may underperform
due to inflation (or expectations for inflation), interest rates, global demand for particular
products or resources, natural disasters, climate change or climate-related events, pandemics,
epidemics, terrorism, tarifs and trade wars, international conficts, regulatory events and
governmental or quasi-governmental actions. The occurrence of global events similar to those
in recent years such as a worldwide pandemic, terrorist attacks, natural disasters, social
and political discord or debt crises and downgrades, among others, may result in market volatility
and may have long term effects on both the U.S. and global financial markets. It is difficult
to predict when similar events affecting the U.S. or global financial markets may occur,
the effects that such events may have and the duration of those effects. Any such event(s)
could have a significant adverse impact on the value and risk profile of the Fund. For example,
the COVID-19 global pandemic had negative impacts, and in many cases severe negative impacts,
on markets worldwide. It is not known how long the impacts of the significant events described
above would last, but there could be a prolonged period of global economic slowdown, which
may impact your Fund investment. Therefore, the Fund could lose money over short periods
due to short-term market movements and over longer periods during more prolonged market downturns.
During a general market downturn, multiple asset classes may be negatively affected. Changes
in market conditions and interest rates can have the same impact on all types of securities
and instruments. In times of severe market disruptions, you could lose your entire investment. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | Medium Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in American Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the American Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the American
Underlying Funds and Other Underlying Funds. Similarly, a higher portfolio turnover rate
for the Fund itself will result in higher transactional and brokerage costs. Active trading
may also increase the Fund’s realized capital gains or losses, which may affect the
taxes you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in American Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the American Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the American Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in American Underlying Funds and Other Underlying Funds. Economic,
legislative or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | Small Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. American Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the American Underlying Funds and Other Underlying Funds and may also be higher
than other mutual funds that invest directly in equity securities and bonds. Each of the
American Underlying Funds and Other Underlying Funds is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in American Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | Emerging Markets Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets Risk. An American Underlying Fund or Other Underlying Funds may invest in emerging
market countries. Emerging market countries may have relatively unstable governments, weaker
economies, and less-developed legal systems with fewer security holder rights. Emerging market
economies may be based on only a few industries and security issuers may be more susceptible
to economic weakness and more likely to default. Emerging market securities also tend to
be less liquid. |
|
| PFG American Funds Growth Capital Appreciation Strategy Fund | Large Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in the American Underlying Funds
or Other Underlying Funds may expose the Fund to risks involved with investing in large capitalization
companies. Large-capitalization companies may be less able than smaller capitalization companies
to adapt to changing market conditions. Large-capitalization companies may be more mature
and subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The
Fund is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The principal
investment risks to the Fund will result from the investment risks of the Fidelity Underlying Funds or Other Underlying Funds. For this
Fund, the principal risks include the Adviser’s judgment of the appropriate equity indices to invest in, at any particular time.
In addition, as a Fund investing at least 80% of its net assets in underlying funds that invest primarily in equity securities, the risks
of investing in equity securities, as described below, present an additional principal investment risk for this Fund. In summary, the
following risks apply to the Fund through its investments in Fidelity Underlying Funds, Other Underlying Funds and the securities held
by such Underlying Funds.
| ● | Emerging
Markets Risk. A Fidelity Underlying Fund or Other Underlying Funds may invest in emerging
market countries. Emerging market countries may have relatively unstable governments, weaker
economies, and less-developed legal systems with fewer security holder rights. Emerging market
economies may be based on only a few industries and security issuers may be more susceptible
to economic weakness and more likely to default. Emerging market securities also tend to
be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a Fidelity Underlying Fund
or Other Underlying Funds may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by Fidelity Underlying Funds or Other Underlying Funds will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | ETF
Structure Risk. The Fund invests at least 80% of its assets in the Underlying ETFs and
as a result is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Fidelity Underlying Funds’
or Other Underlying Funds’ shares may not be developed or maintained. If the Fidelity
Underlying Funds’ or Other Underlying Funds’ shares are traded outside a collateralized
settlement system, the number of financial institutions that can act as authorized participants
that can post collateral on an agency basis is limited, which may limit the market for the
Fidelity Underlying Funds’ or Other Underlying Funds’ shares. To the extent that
those authorized participants exit the business or are unable to process creation or redemption
orders and no other authorized participants are able to step forward to do so, there may
be a significantly diminished trading market for the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares. This could lead to differences between market price and underlying
value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Fidelity Underlying Funds’ or
Other Underlying Funds’ shares may become less liquid in response to deteriorating liquidity
in the market for the Fund’s underlying holdings. This adverse effect on the liquidity
of the Fidelity Underlying Funds’ or Other Underlying Funds’ shares may, in turn,
lead to differences between the market value of the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares and the Fidelity Underlying Funds’ or Other Underlying
Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the Fidelity
Underlying Funds or Other Underlying Funds to incur additional costs including brokerage
costs and taxable capital gains or losses that the Fidelity Underlying Funds or Other Underlying
Funds may not have incurred if the Underlying ETF had made redemptions in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of an Fidelity Underlying Funds’ or Other
Underlying Funds’ underlying securities trade in a market that is closed when the market
for the Fidelity Underlying Funds’ or Other Underlying Funds’ shares is open, there
may be changes from the last quote of the closed market and the quote from the Fidelity Underlying
Funds’ or Other Underlying Funds’ domestic trading day, which could lead to differences
between the market value of the Fidelity Underlying Funds’ or Other Underlying Funds’
shares and the Fidelity Underlying Funds’ or Other Underlying Funds’ net asset
value. |
| ● | Foreign
Risk. A Fidelity Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
| ● | Index
Risk. The Fidelity Underlying Funds in which the Fund invests may track an underlying
index. The performance of each Fidelity Underlying Fund and its underlying index may vary
somewhat due to factors such as fees and expenses, transaction costs, sample selection, regulatory
restrictions, and timing differences associated with additions to and deletions from the
underlying index. Errors in the construction or calculation of the index may occur from time
to time and may not be identified and corrected for some period of time, which may have an
adverse impact on the respective Fidelity Underlying Fund. Any variance in performance between
the respective Fidelity Underlying Fund and its underlying index may have adverse effect
on the performance of the Fund. |
| ● | Management
Risk. The Advisers’ judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including the particular Fidelity Underlying Funds,
Other Underlying Funds, or securities in which such underlying funds invest, may prove to
be incorrect and there is no guarantee that the portfolio manager’s judgments will produce
the desired results. In addition, research regarding asset allocation models comprised of
Fidelity Underlying Funds and Other Underlying Funds, including research regarding asset
allocation, may not prove accurate with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a Fidelity Underlying Fund’s or Other Underlying Fund’s portfolio may underperform
due to inflation (or expectations for inflation), interest rates, global demand for particular
products or resources, natural disasters, climate change or climate-related events, pandemics,
epidemics, terrorism, tarifs and trade wars, international conflicts, regulatory events and
governmental or quasi-governmental actions. The occurrence of global events similar to those
in recent years such as a worldwide pandemic, terrorist attacks, natural disasters, social
and political discord or debt crises and downgrades, among others, may result in market volatility
and may have long term effects on both the U.S. and global financial markets. It is difficult
to predict when similar events affecting the U.S. or global financial markets may occur,
the effects that such events may have and the duration of those effects. Any such event(s)
could have a significant adverse impact on the value and risk profile of the Fund. For example,
the COVID-19 global pandemic had negative impacts, and in many cases severe negative impacts,
on markets worldwide. It is not known how long the impacts of the significant events described
above would last, but there could be a prolonged period of global economic slowdown, which
may impact your Fund investment. Therefore, the Fund could lose money over short periods
due to short-term market movements and over longer periods during more prolonged market downturns.
During a general market downturn, multiple asset classes may be negatively affected. Changes
in market conditions and interest rates can have the same impact on all types of securities
and instruments. In times of severe market disruptions, you could lose your entire investment. |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Passive
Investment Risk. The Fidelity Underlying Funds and Other Underlying Funds are not actively
managed, and the investment adviser of an Underlying Fund generally does not attempt to take
defensive positions under any market conditions, including declining markets. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Fidelity Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the Fidelity Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the Fidelity
Underlying Funds or Other Underlying Funds. Similarly, a higher portfolio turnover rate for
the Fund itself will result in higher transactional and brokerage costs. Active trading may
also increase the Fund’s realized capital gains or losses, which may affect the taxes
you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Fidelity Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the Fidelity Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the Fidelity Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Fidelity Underlying Funds and Other Underlying Funds. Economic,
legislative or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. Fidelity Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the Fidelity Underlying Funds and Other Underlying Funds and may also be higher
than other mutual funds that invest directly in stocks and bonds. Each of the Fidelity Underlying
Funds and Other Underlying Funds is subject to the principal investment risks described in
this section, as well as investment strategy-specific risks. Further, the Fund’s concentration
in investing at least 80% of the Fund’s assets in Fidelity Underlying Funds, under normal
market circumstances, increases the Fund’s investment risk. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a Fidelity Underlying Fund
or Other Underlying Funds may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by Fidelity Underlying Funds or Other Underlying Funds will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. A Fidelity Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Advisers’ judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including the particular Fidelity Underlying Funds,
Other Underlying Funds, or securities in which such underlying funds invest, may prove to
be incorrect and there is no guarantee that the portfolio manager’s judgments will produce
the desired results. In addition, research regarding asset allocation models comprised of
Fidelity Underlying Funds and Other Underlying Funds, including research regarding asset
allocation, may not prove accurate with respect to economic and market forecasts. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a Fidelity Underlying Fund’s or Other Underlying Fund’s portfolio may underperform
due to inflation (or expectations for inflation), interest rates, global demand for particular
products or resources, natural disasters, climate change or climate-related events, pandemics,
epidemics, terrorism, tarifs and trade wars, international conflicts, regulatory events and
governmental or quasi-governmental actions. The occurrence of global events similar to those
in recent years such as a worldwide pandemic, terrorist attacks, natural disasters, social
and political discord or debt crises and downgrades, among others, may result in market volatility
and may have long term effects on both the U.S. and global financial markets. It is difficult
to predict when similar events affecting the U.S. or global financial markets may occur,
the effects that such events may have and the duration of those effects. Any such event(s)
could have a significant adverse impact on the value and risk profile of the Fund. For example,
the COVID-19 global pandemic had negative impacts, and in many cases severe negative impacts,
on markets worldwide. It is not known how long the impacts of the significant events described
above would last, but there could be a prolonged period of global economic slowdown, which
may impact your Fund investment. Therefore, the Fund could lose money over short periods
due to short-term market movements and over longer periods during more prolonged market downturns.
During a general market downturn, multiple asset classes may be negatively affected. Changes
in market conditions and interest rates can have the same impact on all types of securities
and instruments. In times of severe market disruptions, you could lose your entire investment. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Medium Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Fidelity Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the Fidelity Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the Fidelity
Underlying Funds or Other Underlying Funds. Similarly, a higher portfolio turnover rate for
the Fund itself will result in higher transactional and brokerage costs. Active trading may
also increase the Fund’s realized capital gains or losses, which may affect the taxes
you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Fidelity Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the Fidelity Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the Fidelity Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Fidelity Underlying Funds and Other Underlying Funds. Economic,
legislative or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Small Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. Fidelity Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the Fidelity Underlying Funds and Other Underlying Funds and may also be higher
than other mutual funds that invest directly in stocks and bonds. Each of the Fidelity Underlying
Funds and Other Underlying Funds is subject to the principal investment risks described in
this section, as well as investment strategy-specific risks. Further, the Fund’s concentration
in investing at least 80% of the Fund’s assets in Fidelity Underlying Funds, under normal
market circumstances, increases the Fund’s investment risk. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Emerging Markets Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets Risk. A Fidelity Underlying Fund or Other Underlying Funds may invest in emerging
market countries. Emerging market countries may have relatively unstable governments, weaker
economies, and less-developed legal systems with fewer security holder rights. Emerging market
economies may be based on only a few industries and security issuers may be more susceptible
to economic weakness and more likely to default. Emerging market securities also tend to
be less liquid. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | ETF Structure Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Structure Risk. The Fund invests at least 80% of its assets in the Underlying ETFs and
as a result is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Fidelity Underlying Funds’
or Other Underlying Funds’ shares may not be developed or maintained. If the Fidelity
Underlying Funds’ or Other Underlying Funds’ shares are traded outside a collateralized
settlement system, the number of financial institutions that can act as authorized participants
that can post collateral on an agency basis is limited, which may limit the market for the
Fidelity Underlying Funds’ or Other Underlying Funds’ shares. To the extent that
those authorized participants exit the business or are unable to process creation or redemption
orders and no other authorized participants are able to step forward to do so, there may
be a significantly diminished trading market for the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares. This could lead to differences between market price and underlying
value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Fidelity Underlying Funds’ or
Other Underlying Funds’ shares may become less liquid in response to deteriorating liquidity
in the market for the Fund’s underlying holdings. This adverse effect on the liquidity
of the Fidelity Underlying Funds’ or Other Underlying Funds’ shares may, in turn,
lead to differences between the market value of the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares and the Fidelity Underlying Funds’ or Other Underlying
Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the Fidelity
Underlying Funds or Other Underlying Funds to incur additional costs including brokerage
costs and taxable capital gains or losses that the Fidelity Underlying Funds or Other Underlying
Funds may not have incurred if the Underlying ETF had made redemptions in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of an Fidelity Underlying Funds’ or Other
Underlying Funds’ underlying securities trade in a market that is closed when the market
for the Fidelity Underlying Funds’ or Other Underlying Funds’ shares is open, there
may be changes from the last quote of the closed market and the quote from the Fidelity Underlying
Funds’ or Other Underlying Funds’ domestic trading day, which could lead to differences
between the market value of the Fidelity Underlying Funds’ or Other Underlying Funds’
shares and the Fidelity Underlying Funds’ or Other Underlying Funds’ net asset
value. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Trading Issues [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Fidelity Underlying Funds’
or Other Underlying Funds’ shares may not be developed or maintained. If the Fidelity
Underlying Funds’ or Other Underlying Funds’ shares are traded outside a collateralized
settlement system, the number of financial institutions that can act as authorized participants
that can post collateral on an agency basis is limited, which may limit the market for the
Fidelity Underlying Funds’ or Other Underlying Funds’ shares. To the extent that
those authorized participants exit the business or are unable to process creation or redemption
orders and no other authorized participants are able to step forward to do so, there may
be a significantly diminished trading market for the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares. This could lead to differences between market price and underlying
value of shares. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Liquidity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Fidelity Underlying Funds’ or
Other Underlying Funds’ shares may become less liquid in response to deteriorating liquidity
in the market for the Fund’s underlying holdings. This adverse effect on the liquidity
of the Fidelity Underlying Funds’ or Other Underlying Funds’ shares may, in turn,
lead to differences between the market value of the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares and the Fidelity Underlying Funds’ or Other Underlying
Funds’ net asset value. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Cash Transaction Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the Fidelity
Underlying Funds or Other Underlying Funds to incur additional costs including brokerage
costs and taxable capital gains or losses that the Fidelity Underlying Funds or Other Underlying
Funds may not have incurred if the Underlying ETF had made redemptions in-kind. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Market Price Variance Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Market
Price Variance Risk. When all or a portion of an Fidelity Underlying Funds’ or Other
Underlying Funds’ underlying securities trade in a market that is closed when the market
for the Fidelity Underlying Funds’ or Other Underlying Funds’ shares is open, there
may be changes from the last quote of the closed market and the quote from the Fidelity Underlying
Funds’ or Other Underlying Funds’ domestic trading day, which could lead to differences
between the market value of the Fidelity Underlying Funds’ or Other Underlying Funds’
shares and the Fidelity Underlying Funds’ or Other Underlying Funds’ net asset
value. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Index Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Index
Risk. The Fidelity Underlying Funds in which the Fund invests may track an underlying
index. The performance of each Fidelity Underlying Fund and its underlying index may vary
somewhat due to factors such as fees and expenses, transaction costs, sample selection, regulatory
restrictions, and timing differences associated with additions to and deletions from the
underlying index. Errors in the construction or calculation of the index may occur from time
to time and may not be identified and corrected for some period of time, which may have an
adverse impact on the respective Fidelity Underlying Fund. Any variance in performance between
the respective Fidelity Underlying Fund and its underlying index may have adverse effect
on the performance of the Fund. |
|
| PFG Fidelity Institutional AM® Equity Index Strategy Fund | Passive Investment Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Passive
Investment Risk. The Fidelity Underlying Funds and Other Underlying Funds are not actively
managed, and the investment adviser of an Underlying Fund generally does not attempt to take
defensive positions under any market conditions, including declining markets. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The
Fund is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The principal
investment risks to the Fund will result from the investment risks of the Fidelity Underlying Funds or Other Underlying Funds. For this
Fund, the principal risks include the Adviser’s judgment of the different stages of a business cycle and the Adviser’s judgment
of which business sectors are likely to perform during different stages of a business cycle. In addition, as a Fund investing at least
80% of its net assets in Fidelity Underlying Funds or Other Underlying Funds that invest primarily in equity securities, the risks of
investing in equity securities, as described below, present an additional principal investment risk for this Fund. In summary, the following
risks apply to the Fund through its investments in Fidelity Underlying Funds, Other Underlying Funds and the securities held by such
Underlying Funds.
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by Fidelity Underlying Fund
or Other Underlying Funds may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by Fidelity Underlying Funds or Other Underlying Funds will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | ETF
Structure Risk. The Fund invests at least 80% of its assets in the Underlying ETFs and
as a result is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Fidelity Underlying Funds’
or Other Underlying Funds’ shares may not be developed or maintained. If the Fidelity
Underlying Funds’ or Other Underlying Funds’ shares are traded outside a collateralized
settlement system, the number of financial institutions that can act as authorized participants
that can post collateral on an agency basis is limited, which may limit the market for the
Fidelity Underlying Funds’ or Other Underlying Funds’ shares. To the extent that
those authorized participants exit the business or are unable to process creation or redemption
orders and no other authorized participants are able to step forward to do so, there may
be a significantly diminished trading market for the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares. This could lead to differences between market price and underlying
value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Fidelity Underlying Funds’ or
Other Underlying Funds’ shares may become less liquid in response to deteriorating liquidity
in the market for the Fund’s underlying holdings. This adverse effect on the liquidity
of the Fidelity Underlying Funds’ or Other Underlying Funds’ shares may, in turn,
lead to differences between the market value of the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares and the Fidelity Underlying Funds’ or Other Underlying
Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the Fidelity
Underlying Funds or Other Underlying Funds to incur additional costs including brokerage
costs and taxable capital gains or losses that the Fidelity Underlying Funds or Other Underlying
Funds may not have incurred if the Underlying ETF had made redemptions in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of an Fidelity Underlying Funds’ or Other
Underlying Funds’ underlying securities trade in a market that is closed when the market
for the Fidelity Underlying Funds’ or Other Underlying Funds’ shares is open, there
may be changes from the last quote of the closed market and the quote from the Fidelity Underlying
Funds’ or Other Underlying Funds’ domestic trading day, which could lead to differences
between the market value of the Fidelity Underlying Funds’ or Other Underlying Funds’
shares and the Fidelity Underlying Funds’ or Other Underlying Funds’ net asset
value. |
| ● | Index
Risk. The Fidelity Underlying Funds in which the Fund invests may track an underlying
index. The performance of each Fidelity Underlying Fund and its underlying index may vary
somewhat due to factors such as fees and expenses, transaction costs, sample selection, regulatory
restrictions, and timing differences associated with additions to and deletions from the
underlying index. Errors in the construction or calculation of the index may occur from time
to time and may not be identified and corrected for some period of time, which may have an
adverse impact on the respective Fidelity Underlying Fund. Any variance in performance between
the respective Fidelity Underlying Fund and its underlying index may have adverse effect
on the performance of the Fund. |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in Fidelity Underlying Funds or
Other Underlying Funds may expose the Fund to risks involved in investing in large capitalization
companies. Large-capitalization companies may be less able than smaller capitalization companies
to adapt to changing market conditions. Large-capitalization companies may be more mature
and subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular stocks, Fidelity Underlying
Funds, Other Underlying Funds, or other securities in which such underlying funds invest,
may prove to be incorrect and there is no guarantee that the Adviser’s judgments will
produce the desired results. In addition, research regarding model portfolios comprised of
Fidelity Underlying Funds and Other Underlying Funds, including research regarding asset
allocation, may not prove accurate with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a Fidelity Underlying Fund’s or Other Underlying Fund’s portfolio may underperform
due to inflation (or expectations for inflation), interest rates, global demand for particular
products or resources, natural disasters, climate change or climate-related events, pandemics,
epidemics, terrorism, tariffs and trade wars, international conflicts, regulatory events
and governmental or quasi-governmental actions. The occurrence of global events similar to
those in recent years such as a worldwide pandemic, terrorist attacks, natural disasters,
social and political discord or debt crises and downgrades, among others, may result in market
volatility and may have long term effects on both the U.S. and global financial markets.
It is difficult to predict when similar events affecting the U.S. or global financial markets
may occur, the effects that such events may have and the duration of those effects. Any such
event(s) could have a significant adverse impact on the value and risk profile of the Fund.
For example, the COVID-19 global pandemic had negative impacts, and in many cases severe
negative impacts, on markets worldwide. It is not known how long the impacts of the significant
events described above would last, but there could be a prolonged period of global economic
slowdown, which may impact your Fund investment. Therefore, the Fund could lose money over
short periods due to short-term market movements and over longer periods during more prolonged
market downturns. During a general market downturn, multiple asset classes may be negatively
affected. Changes in market conditions and interest rates can have the same impact on all
types of securities and instruments. In times of severe market disruptions, you could lose
your entire investment. |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Passive
Investment Risk. For the Fidelity Underlying Funds or Other Underlying Funds that are
not actively managed, the investment adviser of a passive Underlying Fund generally does
not attempt to take defensive positions under any market conditions, including declining
markets. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Fidelity Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the Fidelity Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the Fidelity
Underlying Funds and Other Underlying Funds. Similarly, a higher portfolio turnover rate
for the Fund itself will result in higher transactional and brokerage costs. Active trading
may also increase the Fund’s realized capital gains or losses, which may affect the
taxes you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
| ● | Real
Estate Securities Risk. The value of real estate-related securities may be affected by
various factors, including, but not limited to the following: (i) changes in general economic
and market conditions; (ii) changes in the value of real estate properties; (iii) risks
related to local economic conditions, overbuilding and increased competition; (iv) increases
in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty
and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal
of property to tenants; (viii) the availability of financing and (ix) changes in interest
rates and leverage. Investing in REITs involves certain unique risks in addition to those
associated with the real estate sector generally. REITs whose underlying properties are concentrated
in a particular industry or region are also subject to risks affecting such industries and
regions. REITs (especially mortgage REITs) are also subject to interest rate risks. By investing
in REITs through Underlying Funds, the Fund, and consequently its shareholders, will bear
expenses of the REITs. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition. as a Fund investing in Fidelity Underlying
Funds and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the Fidelity Underlying Funds or Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the Fidelity Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Fidelity Underlying Funds. Economic, legislative or regulatory
developments may occur that significantly affect the sector. This may cause the Fund’s
net asset value to fluctuate more than that of a fund that does not focus in a particular
sector. |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. Fidelity Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the Fidelity Underlying Funds and Other Underlying Funds and may also be higher
than other mutual funds that invest directly in stocks and bonds. Each of the by Fidelity
Underlying Funds and Other Underlying Funds is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in Fidelity Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by Fidelity Underlying Fund
or Other Underlying Funds may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by Fidelity Underlying Funds or Other Underlying Funds will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular stocks, Fidelity Underlying
Funds, Other Underlying Funds, or other securities in which such underlying funds invest,
may prove to be incorrect and there is no guarantee that the Adviser’s judgments will
produce the desired results. In addition, research regarding model portfolios comprised of
Fidelity Underlying Funds and Other Underlying Funds, including research regarding asset
allocation, may not prove accurate with respect to economic and market forecasts. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a Fidelity Underlying Fund’s or Other Underlying Fund’s portfolio may underperform
due to inflation (or expectations for inflation), interest rates, global demand for particular
products or resources, natural disasters, climate change or climate-related events, pandemics,
epidemics, terrorism, tariffs and trade wars, international conflicts, regulatory events
and governmental or quasi-governmental actions. The occurrence of global events similar to
those in recent years such as a worldwide pandemic, terrorist attacks, natural disasters,
social and political discord or debt crises and downgrades, among others, may result in market
volatility and may have long term effects on both the U.S. and global financial markets.
It is difficult to predict when similar events affecting the U.S. or global financial markets
may occur, the effects that such events may have and the duration of those effects. Any such
event(s) could have a significant adverse impact on the value and risk profile of the Fund.
For example, the COVID-19 global pandemic had negative impacts, and in many cases severe
negative impacts, on markets worldwide. It is not known how long the impacts of the significant
events described above would last, but there could be a prolonged period of global economic
slowdown, which may impact your Fund investment. Therefore, the Fund could lose money over
short periods due to short-term market movements and over longer periods during more prolonged
market downturns. During a general market downturn, multiple asset classes may be negatively
affected. Changes in market conditions and interest rates can have the same impact on all
types of securities and instruments. In times of severe market disruptions, you could lose
your entire investment. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Medium Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Fidelity Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the Fidelity Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the Fidelity
Underlying Funds and Other Underlying Funds. Similarly, a higher portfolio turnover rate
for the Fund itself will result in higher transactional and brokerage costs. Active trading
may also increase the Fund’s realized capital gains or losses, which may affect the
taxes you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition. as a Fund investing in Fidelity Underlying
Funds and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the Fidelity Underlying Funds or Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the Fidelity Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Fidelity Underlying Funds. Economic, legislative or regulatory
developments may occur that significantly affect the sector. This may cause the Fund’s
net asset value to fluctuate more than that of a fund that does not focus in a particular
sector. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Small Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. Fidelity Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the Fidelity Underlying Funds and Other Underlying Funds and may also be higher
than other mutual funds that invest directly in stocks and bonds. Each of the by Fidelity
Underlying Funds and Other Underlying Funds is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in Fidelity Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Large Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in Fidelity Underlying Funds or
Other Underlying Funds may expose the Fund to risks involved in investing in large capitalization
companies. Large-capitalization companies may be less able than smaller capitalization companies
to adapt to changing market conditions. Large-capitalization companies may be more mature
and subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | ETF Structure Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Structure Risk. The Fund invests at least 80% of its assets in the Underlying ETFs and
as a result is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Fidelity Underlying Funds’
or Other Underlying Funds’ shares may not be developed or maintained. If the Fidelity
Underlying Funds’ or Other Underlying Funds’ shares are traded outside a collateralized
settlement system, the number of financial institutions that can act as authorized participants
that can post collateral on an agency basis is limited, which may limit the market for the
Fidelity Underlying Funds’ or Other Underlying Funds’ shares. To the extent that
those authorized participants exit the business or are unable to process creation or redemption
orders and no other authorized participants are able to step forward to do so, there may
be a significantly diminished trading market for the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares. This could lead to differences between market price and underlying
value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Fidelity Underlying Funds’ or
Other Underlying Funds’ shares may become less liquid in response to deteriorating liquidity
in the market for the Fund’s underlying holdings. This adverse effect on the liquidity
of the Fidelity Underlying Funds’ or Other Underlying Funds’ shares may, in turn,
lead to differences between the market value of the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares and the Fidelity Underlying Funds’ or Other Underlying
Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the Fidelity
Underlying Funds or Other Underlying Funds to incur additional costs including brokerage
costs and taxable capital gains or losses that the Fidelity Underlying Funds or Other Underlying
Funds may not have incurred if the Underlying ETF had made redemptions in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of an Fidelity Underlying Funds’ or Other
Underlying Funds’ underlying securities trade in a market that is closed when the market
for the Fidelity Underlying Funds’ or Other Underlying Funds’ shares is open, there
may be changes from the last quote of the closed market and the quote from the Fidelity Underlying
Funds’ or Other Underlying Funds’ domestic trading day, which could lead to differences
between the market value of the Fidelity Underlying Funds’ or Other Underlying Funds’
shares and the Fidelity Underlying Funds’ or Other Underlying Funds’ net asset
value. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Trading Issues [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Fidelity Underlying Funds’
or Other Underlying Funds’ shares may not be developed or maintained. If the Fidelity
Underlying Funds’ or Other Underlying Funds’ shares are traded outside a collateralized
settlement system, the number of financial institutions that can act as authorized participants
that can post collateral on an agency basis is limited, which may limit the market for the
Fidelity Underlying Funds’ or Other Underlying Funds’ shares. To the extent that
those authorized participants exit the business or are unable to process creation or redemption
orders and no other authorized participants are able to step forward to do so, there may
be a significantly diminished trading market for the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares. This could lead to differences between market price and underlying
value of shares. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Liquidity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Fidelity Underlying Funds’ or
Other Underlying Funds’ shares may become less liquid in response to deteriorating liquidity
in the market for the Fund’s underlying holdings. This adverse effect on the liquidity
of the Fidelity Underlying Funds’ or Other Underlying Funds’ shares may, in turn,
lead to differences between the market value of the Fidelity Underlying Funds’ or Other
Underlying Funds’ shares and the Fidelity Underlying Funds’ or Other Underlying
Funds’ net asset value. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Cash Transaction Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the Fidelity
Underlying Funds or Other Underlying Funds to incur additional costs including brokerage
costs and taxable capital gains or losses that the Fidelity Underlying Funds or Other Underlying
Funds may not have incurred if the Underlying ETF had made redemptions in-kind. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Market Price Variance Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Market
Price Variance Risk. When all or a portion of an Fidelity Underlying Funds’ or Other
Underlying Funds’ underlying securities trade in a market that is closed when the market
for the Fidelity Underlying Funds’ or Other Underlying Funds’ shares is open, there
may be changes from the last quote of the closed market and the quote from the Fidelity Underlying
Funds’ or Other Underlying Funds’ domestic trading day, which could lead to differences
between the market value of the Fidelity Underlying Funds’ or Other Underlying Funds’
shares and the Fidelity Underlying Funds’ or Other Underlying Funds’ net asset
value. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Index Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Index
Risk. The Fidelity Underlying Funds in which the Fund invests may track an underlying
index. The performance of each Fidelity Underlying Fund and its underlying index may vary
somewhat due to factors such as fees and expenses, transaction costs, sample selection, regulatory
restrictions, and timing differences associated with additions to and deletions from the
underlying index. Errors in the construction or calculation of the index may occur from time
to time and may not be identified and corrected for some period of time, which may have an
adverse impact on the respective Fidelity Underlying Fund. Any variance in performance between
the respective Fidelity Underlying Fund and its underlying index may have adverse effect
on the performance of the Fund. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Passive Investment Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Passive
Investment Risk. For the Fidelity Underlying Funds or Other Underlying Funds that are
not actively managed, the investment adviser of a passive Underlying Fund generally does
not attempt to take defensive positions under any market conditions, including declining
markets. |
|
| PFG Fidelity Institutional AM® Equity Sector Strategy Fund | Real Estate Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Real
Estate Securities Risk. The value of real estate-related securities may be affected by
various factors, including, but not limited to the following: (i) changes in general economic
and market conditions; (ii) changes in the value of real estate properties; (iii) risks
related to local economic conditions, overbuilding and increased competition; (iv) increases
in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty
and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal
of property to tenants; (viii) the availability of financing and (ix) changes in interest
rates and leverage. Investing in REITs involves certain unique risks in addition to those
associated with the real estate sector generally. REITs whose underlying properties are concentrated
in a particular industry or region are also subject to risks affecting such industries and
regions. REITs (especially mortgage REITs) are also subject to interest rate risks. By investing
in REITs through Underlying Funds, the Fund, and consequently its shareholders, will bear
expenses of the REITs. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The Fund
is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in the Fidelity Underlying Funds and Other Underlying Funds and the securities held by
such Underlying Funds.
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
Fidelity Underlying Fund or Other Underlying Fund later than expected), and prepayment risk
(the debtor may pay its obligation early, reducing the amount of interest payments). Current
conditions have resulted in a rise in interest rates, which in turn may result in a decline
in the value of the fixed income investments held by a Fidelity Underlying Fund or Other
Underlying Fund. As a result, for the present, interest rate risk may be heightened. |
| ● | Foreign
Risk. A Fidelity Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social, and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce a Fidelity Underlying Fund’s or Other Underlying Fund’s
ability to sell its bonds. The lack of a liquid market for these bonds could decrease a Fidelity
Underlying Fund’s or Other Underlying Fund’s share price, potentially resulting
in losses for the Fund. |
| ● | Index
Risk. The Fidelity Underlying Funds and Other Underlying Funds in which the Fund invests
may track an underlying index. The performance of each Fidelity Underlying Fund and Other
Underlying Fund and its underlying index may vary somewhat due to factors such as fees and
expenses, transaction costs, sample selection, regulatory restrictions, and timing differences
associated with additions to and deletions from the underlying index. Errors in the construction
or calculation of the index may occur from time to time and may not be identified and corrected
for some period of time, which may have an adverse impact on the respective Fidelity Underlying
Fund or Other Underlying Fund. Any variance in performance between the respective Fidelity
Underlying Fund or Other Underlying Fund and its underlying index may have adverse effect
on the performance of the Fund. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securitites in which the Fund invests, including particular stocks, Fidelity Underlying
Funds, Other Underlying Funds, or securities in which such underlying funds invest, may prove
to be incorrect and there is no guarantee that the Adviser’s judgments will produce
the desired results. In addition, research regarding model portfolios comprised of Fidelity
Underlying Funds and Other Underlying Funds, including research regarding asset allocation,
may not prove accurate with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region, or financial market.
Securities in a Fidelity Underlying Fund’s or Other Underlying Fund’s portfolio
may underperform due to inflation (or expectations for inflation), interest rates, global
demand for particular products or resources, natural disasters, climate change or climate-related
events, pandemics, epidemics, terrorism, tariffs and trade wars , international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
| ● | Mortgage
and Asset-Backed Security Risk. When the Fund invests in asset-backed securities and
mortgage-backed securities, the Fund is subject to the risk that, if the underlying borrowers
fail to pay interest or repay principal, the assets backing these securities may not be sufficient
to support payments on the securities. |
| ● | Passive
Investment Risk. The Fidleity Underlying Funds and Other Underlying Funds in which the
Fund invests that are Index Funds are not actively managed, and Fidelity generally does not
attempt to take defensive positions under any market conditions, including declining markets. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Fidelity Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the Fidelity Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the Fidelity
Underlying Funds and Other Underlying Funds. Similarly, a higher portfolio turnover rate
for the Fund itself will result in higher transactional and brokerage costs. Active trading
may also increase the Fund’s realized capital gains or losses, which may affect the
taxes you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Fidelity Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the Fidelity Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the Fidelity Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Fidelity Underlying Funds and Other Underlying Funds. Economic,
legislative, or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
| ● | Underlying
Funds Risk. Fidelity Underlying Funds and Other Underlying Fund in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the Fidelity Underlying Funds and Other Underlying Funds and may also be higher
than other mutual funds that invest directly in equity securities and bonds. Each of the
Fidelity Underlying Funds and Other Underlying Funds is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in Fidelity Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | Fixed Income Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
Fidelity Underlying Fund or Other Underlying Fund later than expected), and prepayment risk
(the debtor may pay its obligation early, reducing the amount of interest payments). Current
conditions have resulted in a rise in interest rates, which in turn may result in a decline
in the value of the fixed income investments held by a Fidelity Underlying Fund or Other
Underlying Fund. As a result, for the present, interest rate risk may be heightened. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. A Fidelity Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social, and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securitites in which the Fund invests, including particular stocks, Fidelity Underlying
Funds, Other Underlying Funds, or securities in which such underlying funds invest, may prove
to be incorrect and there is no guarantee that the Adviser’s judgments will produce
the desired results. In addition, research regarding model portfolios comprised of Fidelity
Underlying Funds and Other Underlying Funds, including research regarding asset allocation,
may not prove accurate with respect to economic and market forecasts. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region, or financial market.
Securities in a Fidelity Underlying Fund’s or Other Underlying Fund’s portfolio
may underperform due to inflation (or expectations for inflation), interest rates, global
demand for particular products or resources, natural disasters, climate change or climate-related
events, pandemics, epidemics, terrorism, tariffs and trade wars , international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | Mortgage and Asset-Backed Security Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Mortgage
and Asset-Backed Security Risk. When the Fund invests in asset-backed securities and
mortgage-backed securities, the Fund is subject to the risk that, if the underlying borrowers
fail to pay interest or repay principal, the assets backing these securities may not be sufficient
to support payments on the securities. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Fidelity Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the Fidelity Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the Fidelity
Underlying Funds and Other Underlying Funds. Similarly, a higher portfolio turnover rate
for the Fund itself will result in higher transactional and brokerage costs. Active trading
may also increase the Fund’s realized capital gains or losses, which may affect the
taxes you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Fidelity Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the Fidelity Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the Fidelity Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Fidelity Underlying Funds and Other Underlying Funds. Economic,
legislative, or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. Fidelity Underlying Funds and Other Underlying Fund in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the Fidelity Underlying Funds and Other Underlying Funds and may also be higher
than other mutual funds that invest directly in equity securities and bonds. Each of the
Fidelity Underlying Funds and Other Underlying Funds is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in Fidelity Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | Index Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Index
Risk. The Fidelity Underlying Funds and Other Underlying Funds in which the Fund invests
may track an underlying index. The performance of each Fidelity Underlying Fund and Other
Underlying Fund and its underlying index may vary somewhat due to factors such as fees and
expenses, transaction costs, sample selection, regulatory restrictions, and timing differences
associated with additions to and deletions from the underlying index. Errors in the construction
or calculation of the index may occur from time to time and may not be identified and corrected
for some period of time, which may have an adverse impact on the respective Fidelity Underlying
Fund or Other Underlying Fund. Any variance in performance between the respective Fidelity
Underlying Fund or Other Underlying Fund and its underlying index may have adverse effect
on the performance of the Fund. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | Passive Investment Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Passive
Investment Risk. The Fidleity Underlying Funds and Other Underlying Funds in which the
Fund invests that are Index Funds are not actively managed, and Fidelity generally does not
attempt to take defensive positions under any market conditions, including declining markets. |
|
| PFG Fidelity Institutional AM(R) Core Plus Bond Strategy Fund | High Yield Bond Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce a Fidelity Underlying Fund’s or Other Underlying Fund’s
ability to sell its bonds. The lack of a liquid market for these bonds could decrease a Fidelity
Underlying Fund’s or Other Underlying Fund’s share price, potentially resulting
in losses for the Fund. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The Fund
is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in JP Morgan® Underlying Funds, Other Underlying Funds and the securities
held by such Underlying Funds.
| ● | Aggressive
Strategy Risk. The Fund utilizes an aggressive strategy in pursuing its investment objective.
Accordingly, the Fund’s returns may be more volatile than a fund that pursues a more
conservative strategy. |
| ● | Emerging
Markets Risk. A JP Morgan® Underlying Fund may invest in emerging market
countries. Emerging market countries may have relatively unstable governments, weaker economies,
and less-developed legal systems with fewer security holder rights. Emerging market economies
may be based on only a few industries and security issuers may be more susceptible to economic
weakness and more likely to default. Emerging market securities also tend to be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a JP Morgan® Underlying
Fund or Other Underlying Funds may experience sudden, unpredictable drops in value or long
periods of decline in value. This may occur because of factors affecting securities markets
generally, the equity securities of a specific sector, or a specific company. There is no
guarantee that the equity securities held by JP Morgan® Underlying Funds
or Other Underlying Funds will declare dividends in the future or that the dividends paid
by such equity securities will remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
JP Morgan® Underlying Fund or Other Underlying Fund later than expected),
and prepayment risk (the debtor may pay its obligation early, reducing the amount of interest
payments). Current conditions have resulted in a rise in interest rates, which in turn may
result in a decline in the value of the fixed income investments held by a JP Morgan®
Underlying Fund or Other Underlying Fund. As a result, for the present, interest rate risk
may be heightened. |
| ● | Foreign
Risk. A JP Morgan® Underlying Fund or Other Underlying Fund may invest
in foreign securities. Investing in foreign securities involves risks of adverse fluctuations
in foreign currency values, adverse political, social, and economic developments, less liquidity,
greater volatility, less developed or less efficient trading markets, political instability
and differing auditing and legal standards. |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce a by JP Morgan® Underlying Fund’s
or Other Underlying Fund’s ability to sell its bonds. The lack of a liquid market for
these bonds could decrease a JP Morgan® Underlying Fund’s or Other Underlying
Fund’s share price, potentially resulting in losses for the Fund. |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in JP Morgan® Underlying
Funds and Other Underlying Funds may expose the Fund to risks involved in investing in large
capitalization companies. Large-capitalization companies may be less able than smaller capitalization
companies to adapt to changing market conditions. Large-capitalization companies may be more
mature and subject to more limited growth potential compared with smaller capitalization
companies. During different market cycles, the performance of large capitalization companies
has trailed the overall performance of the broader securities markets. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Funds invests, including particular JP Morgan®
Underlying Funds, Other Underlying Funds, or securities in which such underlying funds invest,
may prove to be incorrect and there is no guarantee that the Adviser’s judgments will
produce the desired results. In addition, research regarding model portfolios comprised of
JP Morgan® Underlying Funds and Other Underlying Funds, including research
regarding asset allocation, may not prove accurate with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a JP Morgan® Underlying Fund’s or Other Underlying Fund’s portfolio
may underperform due to inflation (or expectations for inflation), interest rates, global
demand for particular products or resources, natural disasters, climate change or climate-related
events, pandemics, epidemics, terrorism, tariffs and trade wars, international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Passive
Investment Risk. For the JP Morgan® Underlying Funds or Other Underlying
Funds that are not actively managed, the investment adviser of a passive Underlying Fund
generally does not attempt to take defensive positions under any market conditions, including
declining markets. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in JP Morgan® Underlying
Funds and Other Underlying Funds, higher portfolio turnover within the JP Morgan®
Underlying Funds will result in higher transactional and brokerage costs for the JP Morgan®
Underlying Funds. Similarly, a higher portfolio turnover rate for the Fund itself will result
in higher transactional and brokerage costs. Active trading may also increase the Fund’s
realized capital gains or losses, which may affect the taxes you pay as a Fund shareholder,
when Fund Shares are held in a taxable account. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in JP Morgan®
Underlying Funds and Other Underlying Funds, the actual volatility of the Fund is driven
by the portfolio holdings of the JP Morgan® Underlying Funds and Other Underlying
Funds. Because the Adviser will not know the current portfolio holdings of the by JP Morgan®
Underlying Funds and Other Underlying Funds, it is possible that the actual volatility of
the Fund may be more or less than the Fund’s RiskPro® estimated volatility.
This could result in poor absolute or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in JP Morgan® Underlying Funds and Other Underlying
Funds. Economic, legislative, or regulatory developments may occur that significantly affect
the sector. This may cause the Fund’s net asset value to fluctuate more than that of
a fund that does not focus in a particular sector. |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. The JP Morgan® Underlying Funds and Other Underlying Funds
in which the Fund invests are subject to investment advisory and other expenses, which will
be indirectly paid by the Fund. As a result, the cost of investing in the Fund will be higher
than the cost of investing directly in the JP Morgan® Underlying Funds and
Other Underlying Funds and may also be higher than other mutual funds that invest directly
in stocks and bonds. Each of the JP Morgan® Underlying Funds and Other Underlying
Funds is subject to its own investment strategy-specific risks. Further, the Fund’s
concentration in investing at least 80% of the Fund’s assets in JP Morgan®
Underlying Funds, under normal market circumstances, increases the Fund’s investment
risk. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a JP Morgan® Underlying
Fund or Other Underlying Funds may experience sudden, unpredictable drops in value or long
periods of decline in value. This may occur because of factors affecting securities markets
generally, the equity securities of a specific sector, or a specific company. There is no
guarantee that the equity securities held by JP Morgan® Underlying Funds
or Other Underlying Funds will declare dividends in the future or that the dividends paid
by such equity securities will remain at current levels or increase over time. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Fixed Income Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
JP Morgan® Underlying Fund or Other Underlying Fund later than expected),
and prepayment risk (the debtor may pay its obligation early, reducing the amount of interest
payments). Current conditions have resulted in a rise in interest rates, which in turn may
result in a decline in the value of the fixed income investments held by a JP Morgan®
Underlying Fund or Other Underlying Fund. As a result, for the present, interest rate risk
may be heightened. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. A JP Morgan® Underlying Fund or Other Underlying Fund may invest
in foreign securities. Investing in foreign securities involves risks of adverse fluctuations
in foreign currency values, adverse political, social, and economic developments, less liquidity,
greater volatility, less developed or less efficient trading markets, political instability
and differing auditing and legal standards. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Funds invests, including particular JP Morgan®
Underlying Funds, Other Underlying Funds, or securities in which such underlying funds invest,
may prove to be incorrect and there is no guarantee that the Adviser’s judgments will
produce the desired results. In addition, research regarding model portfolios comprised of
JP Morgan® Underlying Funds and Other Underlying Funds, including research
regarding asset allocation, may not prove accurate with respect to economic and market forecasts. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a JP Morgan® Underlying Fund’s or Other Underlying Fund’s portfolio
may underperform due to inflation (or expectations for inflation), interest rates, global
demand for particular products or resources, natural disasters, climate change or climate-related
events, pandemics, epidemics, terrorism, tariffs and trade wars, international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Medium Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in JP Morgan® Underlying
Funds and Other Underlying Funds, higher portfolio turnover within the JP Morgan®
Underlying Funds will result in higher transactional and brokerage costs for the JP Morgan®
Underlying Funds. Similarly, a higher portfolio turnover rate for the Fund itself will result
in higher transactional and brokerage costs. Active trading may also increase the Fund’s
realized capital gains or losses, which may affect the taxes you pay as a Fund shareholder,
when Fund Shares are held in a taxable account. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in JP Morgan®
Underlying Funds and Other Underlying Funds, the actual volatility of the Fund is driven
by the portfolio holdings of the JP Morgan® Underlying Funds and Other Underlying
Funds. Because the Adviser will not know the current portfolio holdings of the by JP Morgan®
Underlying Funds and Other Underlying Funds, it is possible that the actual volatility of
the Fund may be more or less than the Fund’s RiskPro® estimated volatility.
This could result in poor absolute or relative performance, including significant losses. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in JP Morgan® Underlying Funds and Other Underlying
Funds. Economic, legislative, or regulatory developments may occur that significantly affect
the sector. This may cause the Fund’s net asset value to fluctuate more than that of
a fund that does not focus in a particular sector. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Small Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. The JP Morgan® Underlying Funds and Other Underlying Funds
in which the Fund invests are subject to investment advisory and other expenses, which will
be indirectly paid by the Fund. As a result, the cost of investing in the Fund will be higher
than the cost of investing directly in the JP Morgan® Underlying Funds and
Other Underlying Funds and may also be higher than other mutual funds that invest directly
in stocks and bonds. Each of the JP Morgan® Underlying Funds and Other Underlying
Funds is subject to its own investment strategy-specific risks. Further, the Fund’s
concentration in investing at least 80% of the Fund’s assets in JP Morgan®
Underlying Funds, under normal market circumstances, increases the Fund’s investment
risk. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Emerging Markets Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets Risk. A JP Morgan® Underlying Fund may invest in emerging market
countries. Emerging market countries may have relatively unstable governments, weaker economies,
and less-developed legal systems with fewer security holder rights. Emerging market economies
may be based on only a few industries and security issuers may be more susceptible to economic
weakness and more likely to default. Emerging market securities also tend to be less liquid. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Large Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in JP Morgan® Underlying
Funds and Other Underlying Funds may expose the Fund to risks involved in investing in large
capitalization companies. Large-capitalization companies may be less able than smaller capitalization
companies to adapt to changing market conditions. Large-capitalization companies may be more
mature and subject to more limited growth potential compared with smaller capitalization
companies. During different market cycles, the performance of large capitalization companies
has trailed the overall performance of the broader securities markets. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Passive Investment Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Passive
Investment Risk. For the JP Morgan® Underlying Funds or Other Underlying
Funds that are not actively managed, the investment adviser of a passive Underlying Fund
generally does not attempt to take defensive positions under any market conditions, including
declining markets. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | High Yield Bond Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce a by JP Morgan® Underlying Fund’s
or Other Underlying Fund’s ability to sell its bonds. The lack of a liquid market for
these bonds could decrease a JP Morgan® Underlying Fund’s or Other Underlying
Fund’s share price, potentially resulting in losses for the Fund. |
|
| PFG JPMorgan® Tactical Aggressive Strategy Fund | Aggressive Strategy Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Aggressive
Strategy Risk. The Fund utilizes an aggressive strategy in pursuing its investment objective.
Accordingly, the Fund’s returns may be more volatile than a fund that pursues a more
conservative strategy. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The Fund
is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in JP Morgan® Underlying Funds, Other Underlying Funds and the securities
held by such Underlying Funds.
| ● | Emerging
Markets Risk. A JP Morgan® Underlying Fund may invest in emerging
market countries. Emerging market countries may have relatively unstable governments, weaker
economies, and less-developed legal systems with fewer security holder rights. Emerging market
economies may be based on only a few industries and security issuers may be more susceptible
to economic weakness and more likely to default. Emerging market securities also tend to
be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a JP Morgan®
Underlying Fund or Other Underlying Fund may experience sudden, unpredictable drops in value
or long periods of decline in value. This may occur because of factors affecting securities
markets generally, the equity securities of a specific sector, or a specific company. There
is no guarantee that the equity securities held by JP Morgan®. Underlying
Funds or Other Underlyng Funds will declare dividends in the future or that the dividends
paid by such equity securities will remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
JP Morgan® Underlying Fund or Other Underlying Fund later than expected),
and prepayment risk (the debtor may pay its obligation early, reducing the amount of interest
payments). Current conditions have resulted in a rise in interest rates, which in turn may
result in a decline in the value of the fixed income investments held by the Fund or a JP
Morgan® Underlying Fund or Other Underlying Fund. As a result, for the present,
interest rate risk may be heightened. |
| ● | Foreign
Risk. A JP Morgan® Underlying Fund or Other Underlying Fund may invest
in foreign securities. Investing in foreign securities involves risks of adverse fluctuations
in foreign currency values, adverse political, social, and economic developments, less liquidity,
greater volatility, less developed or less efficient trading markets, political instability
and differing auditing and legal standards. |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce the JP Morgan® Underlying Fund’s or
Other Underlying Fund’s ability to sell its bonds. The lack of a liquid market for these
bonds could decrease a JP Morgan® Underlying Fund’s or Other Underlying
Fund’s share price, potentially resulting in losses for the Fund. |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in JPMorgan® Underlying
Funds may expose the Fund to risks involved in investing in large capitalization companies.
Large-capitalization companies may be less able than smaller capitalization companies to
adapt to changing market conditions. Large-capitalization companies may be more mature and
subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular JP Morgan®
Underlying Funds, Other Underlying Funds, or other securities in which such underlying funds
invest, may prove to be incorrect and there is no guarantee that the Adviser’s judgments
will produce the desired results. In addition, research regarding model portfolios comprised
of JP Morgan® Underlying Funds and Other Underlying Funds, including research
regarding asset allocation, may not prove accurate with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a JP Morgan® Underlying Fund’s or Other Underlying Fund’s portfolio
may underperform due to inflation (or expectations for inflation), interest rates, global
demand for particular products or resources, natural disasters, climate change or climate-related
events, pandemics, epidemics, terrorism, tariffs and trade wars international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
| ● | Mortgage
and Asset-Backed Security Risk. When the Fund invests in asset-backed securities and
mortgage-backed securities, the Fund is subject to the risk that, if the underlying borrowers
fail to pay interest or repay principal, the assets backing these securities may not be sufficient
to support payments on the securities. |
| ● | Passive
Investment Risk. For the JP Morgan® Underlying Funds or Other Underlying
Funds that are not actively managed, the investment adviser of a passive Underlying Fund
generally does not attempt to take defensive positions under any market conditions, including
declining markets. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in JP Morgan® Underlying
Funds and Other Underlying Funds, higher portfolio turnover within the JP Morgan®
Underlying Funds and Other Underlying Funds will result in higher transactional and brokerage
costs for the JP Morgan® Underlying Funds and Other Underlying Funds. Similarly,
a higher portfolio turnover rate for the Fund itself will result in higher transactional
and brokerage costs. Active trading may also increase the Fund’s realized capital gains
or losses, which may affect the taxes you pay as a Fund shareholder, when Fund shares are
held in a taxable account. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition. as a Fund investing in JP Morgan®
Underlying Funds and Other Underlying Funds, the actual volatility of the Fund is driven
by the portfolio holdings of the JP Morgan® Underlying Funds and Other Underlying
Funds. Because the Adviser will not know the current portfolio holdings of the JP Morgan®
Underlying Funds or Other Underlying Funds, it is possible that the actual volatility of
the Fund may be more or less than the Fund’s RiskPro® estimated volatility.
This could result in poor absolute or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund may focus its investments in securities of a particular sector through
its investment in JP Morgan® Underlying Funds and Other Underlying Funds.
Economic, legislative or regulatory developments may occur that significantly affect the
sector. This may cause the Fund’s net asset value to fluctuate more than that of a fund
that does not focus in a particular sector. |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. |
| ● | Underlying
Funds Risk. The JP Morgan® Underlying Funds and Other Underlying Funds
in which the Fund invests are subject to investment advisory and other expenses, which will
be indirectly paid by the Fund. As a result, the cost of investing in the Fund will be higher
than the cost of investing directly in the JP Morgan® Underlying Funds and
Other Underlying Funds and may also be higher than other mutual funds that invest directly
in stocks and bonds. Each of the JP Morgan® Underlying Funds and Other Underlying
Funds is subject to its own investment strategy-specific risks. Further, the Fund’s
concentration in investing at least 80% of the Fund’s assets in JP Morgan®
Underlying Funds, under normal market circumstances, increases the Fund’s investment
risk. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a JP Morgan®
Underlying Fund or Other Underlying Fund may experience sudden, unpredictable drops in value
or long periods of decline in value. This may occur because of factors affecting securities
markets generally, the equity securities of a specific sector, or a specific company. There
is no guarantee that the equity securities held by JP Morgan®. Underlying
Funds or Other Underlyng Funds will declare dividends in the future or that the dividends
paid by such equity securities will remain at current levels or increase over time. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Fixed Income Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
JP Morgan® Underlying Fund or Other Underlying Fund later than expected),
and prepayment risk (the debtor may pay its obligation early, reducing the amount of interest
payments). Current conditions have resulted in a rise in interest rates, which in turn may
result in a decline in the value of the fixed income investments held by the Fund or a JP
Morgan® Underlying Fund or Other Underlying Fund. As a result, for the present,
interest rate risk may be heightened. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. A JP Morgan® Underlying Fund or Other Underlying Fund may invest
in foreign securities. Investing in foreign securities involves risks of adverse fluctuations
in foreign currency values, adverse political, social, and economic developments, less liquidity,
greater volatility, less developed or less efficient trading markets, political instability
and differing auditing and legal standards. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular JP Morgan®
Underlying Funds, Other Underlying Funds, or other securities in which such underlying funds
invest, may prove to be incorrect and there is no guarantee that the Adviser’s judgments
will produce the desired results. In addition, research regarding model portfolios comprised
of JP Morgan® Underlying Funds and Other Underlying Funds, including research
regarding asset allocation, may not prove accurate with respect to economic and market forecasts. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a JP Morgan® Underlying Fund’s or Other Underlying Fund’s portfolio
may underperform due to inflation (or expectations for inflation), interest rates, global
demand for particular products or resources, natural disasters, climate change or climate-related
events, pandemics, epidemics, terrorism, tariffs and trade wars international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Mortgage and Asset-Backed Security Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Mortgage
and Asset-Backed Security Risk. When the Fund invests in asset-backed securities and
mortgage-backed securities, the Fund is subject to the risk that, if the underlying borrowers
fail to pay interest or repay principal, the assets backing these securities may not be sufficient
to support payments on the securities. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in JP Morgan® Underlying
Funds and Other Underlying Funds, higher portfolio turnover within the JP Morgan®
Underlying Funds and Other Underlying Funds will result in higher transactional and brokerage
costs for the JP Morgan® Underlying Funds and Other Underlying Funds. Similarly,
a higher portfolio turnover rate for the Fund itself will result in higher transactional
and brokerage costs. Active trading may also increase the Fund’s realized capital gains
or losses, which may affect the taxes you pay as a Fund shareholder, when Fund shares are
held in a taxable account. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition. as a Fund investing in JP Morgan®
Underlying Funds and Other Underlying Funds, the actual volatility of the Fund is driven
by the portfolio holdings of the JP Morgan® Underlying Funds and Other Underlying
Funds. Because the Adviser will not know the current portfolio holdings of the JP Morgan®
Underlying Funds or Other Underlying Funds, it is possible that the actual volatility of
the Fund may be more or less than the Fund’s RiskPro® estimated volatility.
This could result in poor absolute or relative performance, including significant losses. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund may focus its investments in securities of a particular sector through
its investment in JP Morgan® Underlying Funds and Other Underlying Funds.
Economic, legislative or regulatory developments may occur that significantly affect the
sector. This may cause the Fund’s net asset value to fluctuate more than that of a fund
that does not focus in a particular sector. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Small Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. The JP Morgan® Underlying Funds and Other Underlying Funds
in which the Fund invests are subject to investment advisory and other expenses, which will
be indirectly paid by the Fund. As a result, the cost of investing in the Fund will be higher
than the cost of investing directly in the JP Morgan® Underlying Funds and
Other Underlying Funds and may also be higher than other mutual funds that invest directly
in stocks and bonds. Each of the JP Morgan® Underlying Funds and Other Underlying
Funds is subject to its own investment strategy-specific risks. Further, the Fund’s
concentration in investing at least 80% of the Fund’s assets in JP Morgan®
Underlying Funds, under normal market circumstances, increases the Fund’s investment
risk. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Emerging Markets Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets Risk. A JP Morgan® Underlying Fund may invest in emerging
market countries. Emerging market countries may have relatively unstable governments, weaker
economies, and less-developed legal systems with fewer security holder rights. Emerging market
economies may be based on only a few industries and security issuers may be more susceptible
to economic weakness and more likely to default. Emerging market securities also tend to
be less liquid. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Large Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in JPMorgan® Underlying
Funds may expose the Fund to risks involved in investing in large capitalization companies.
Large-capitalization companies may be less able than smaller capitalization companies to
adapt to changing market conditions. Large-capitalization companies may be more mature and
subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | Passive Investment Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Passive
Investment Risk. For the JP Morgan® Underlying Funds or Other Underlying
Funds that are not actively managed, the investment adviser of a passive Underlying Fund
generally does not attempt to take defensive positions under any market conditions, including
declining markets. |
|
| PFG JPMorgan® Tactical Moderate Strategy Fund | High Yield Bond Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce the JP Morgan® Underlying Fund’s or
Other Underlying Fund’s ability to sell its bonds. The lack of a liquid market for these
bonds could decrease a JP Morgan® Underlying Fund’s or Other Underlying
Fund’s share price, potentially resulting in losses for the Fund. |
|
| PFG BNY Mellon® Diversifier Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The Fund
is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in BNY Mellon Underlying Funds, Other Underlying Funds and the securities held by BNY
Mellon Underlying Funds.
| ● | Commodity
Sector Risk. Exposure to the commodities securities may subject the fund to greater volatility
than investments in traditional securities. The values of commodities and commodity-linked
investments may be more sensitive to events that might have less impact on the values of
stocks and bonds. Investments linked to the prices of commodities are considered speculative.
The value of a commodity-linked derivative instrument is based upon the price movements of
physical commodities, the value of these securities will rise or fall in response to changes
in the underlying commodities or related index of investment. Prices of commodities and commodity-linked
investments may fluctuate significantly over short periods for a variety of factors, including:
changes in supply and demand relationships, weather, agriculture, trade, fiscal, monetary
and exchange control programs, disease, pestilence, acts of terrorism, embargoes, tariffs
and international economic, political, military and regulatory developments. |
| ● | Derivatives
Risk. A small investment in derivatives could have a potentially magnified impact on
the investment. The use of derivatives involves risks possibly greater than the risks
associated with investing directly in the underlying assets. Derivatives in which the fund
may invest can be highly volatile, illiquid and difficult to value. There is risk that changes
in the value of a derivative held by the fund will not correlate with the underlying assets
or the fund’s other investments in the manner intended. |
| ● | Emerging
Markets. A BNY Mellon Underlying Fund or Other Underlying Fund may invest in emerging
market countries. Emerging market countries may have relatively unstable governments, weaker
economies, and less-developed legal systems with fewer security holder rights. Emerging market
economies may be based on only a few industries and security issuers may be more susceptible
to economic weakness and more likely to default. Emerging market securities also tend to
be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a BNY Mellon Underlying Fund
may experience sudden, unpredictable drops in value or long periods of decline in value.
This may occur because of factors affecting securities markets generally, the equity securities
of a specific sector, or a specific company. There is no guarantee that the equity securities
held by BNY Mellon Underlying Funds will declare dividends in the future or that the dividends
paid by such equity securities will remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
BNY Mellon Underlying Fund or Other Underlying Fund later than expected), and prepayment
risk (the debtor may pay its obligation early, reducing the amount of interest payments).
Current conditions have resulted in a rise in interest rates, which in turn may result in
a decline in the value of the fixed income investments held by the Fund or a BNY Mellon Underlying
Fund or Other Underlying Fund. As a result, for the present, interest rate risk may be heightened. |
| ● | Foreign
Risk. A BNY Mellon Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social, and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce the BNY Mellon Underlying Fund’s or Other Underlying
Fund’s ability to sell their bonds. The lack of a liquid market for these bonds could
decrease a BNY Mellon Underlying Fund’s or Other Underlying Fund’s share price,
potentially resulting in losses for the Fund. |
| ● | Leverage
Risk. The use of leverage typically used in futures contracts or forward currency contracts, may magnify the fund’s gains
or losses. Derivatives have a leverage component, adverse changes in the value or level of the underlying asset or reference rate
can result in a loss substantially greater than the amount invested in the derivative itself. |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in BNY Mellon Underlying Funds
may expose the Fund to risks involved in investing in large capitalization companies. Large-capitalization
companies may be less able than smaller capitalization companies to adapt to changing market
conditions. Large-capitalization companies may be more mature and subject to more limited
growth potential compared with smaller capitalization companies. During different market
cycles, the performance of large capitalization companies has trailed the overall performance
of the broader securities markets. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular stocks, BNY Mellon Underlying
Funds, Other Underlying Funds, or securities in which such underlying funds invest, may prove
to be incorrect and there is no guarantee that the Adviser’s judgments will produce
the desired results. In addition, research regarding model portfolios comprised of BNY Mellon
Underlying Funds and Other Underlying Funds, including research regarding asset allocation,
may not prove accurate with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a BNY Mellon Underlying Fund’s or Other Underlying Fund’s portfolio may underperform
due to inflation (or expectations for inflation), interest rates, global demand for particular
products or resources, natural disasters, climate change or climate-related events, pandemics,
epidemics, terrorism, tariffs and trade wars, international conflicts, regulatory events
and governmental or quasi-governmental actions. The occurrence of global events similar to
those in recent years such as a worldwide pandemic, terrorist attacks, natural disasters,
social and political discord or debt crises and downgrades, among others, may result in market
volatility and may have long term effects on both the U.S. and global financial markets.
It is difficult to predict when similar events affecting the U.S. or global financial markets
may occur, the effects that such events may have and the duration of those effects. Any such
event(s) could have a significant adverse impact on the value and risk profile of the Fund.
For example, the COVID-19 global pandemic had negative impacts, and in many cases severe
negative impacts, on markets worldwide. It is not known how long the impacts of the significant
events described above would last, but there could be a prolonged period of global economic
slowdown, which may impact your Fund investment. Therefore, the Fund could lose money over
short periods due to short-term market movements and over longer periods during more prolonged
market downturns. During a general market downturn, multiple asset classes may be negatively
affected. Changes in market conditions and interest rates can have the same impact on all
types of securities and instruments. In times of severe market disruptions, you could lose
your entire investment. |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in BNY Mellon Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the BNY Mellon Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the BNY Mellon
Underlying Funds and Other Underlying Funds. Simarly, a higher portfolio turnover rate for
the Fund itself will result in higher transactional and brokerage costs. Active trading may
also increase the Fund’s realized capital gains or losses, which may affect the taxes
you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
| ● | Real
Estate Securities Risk. The value of real estate-related securities may be affected by
various factors, including, but not limited to the following: (i) changes in general economic
and market conditions; (ii) changes in the value of real estate properties; (iii) risks
related to local economic conditions, overbuilding and increased competition; (iv) increases
in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty
and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal
of property to tenants; (viii) the availability of financing and (ix) changes in interest
rates and leverage. Investing in REITs involves certain unique risks in addition to those
associated with the real estate sector generally. REITs whose underlying properties are concentrated
in a particular industry or region are also subject to risks affecting such industries and
regions. REITs (especially mortgage REITs) are also subject to interest rate risks. By investing
in REITs through Underlying Funds, the Fund, and consequently its shareholders, will bear
expenses of the REITs. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in BNY Mellon Underlying
Funds and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the BNY Mellon Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the BNY Mellon Underlying Funds and Other
Underlying Funds, it is possible that the actual volatility of the Fund may be more or less
than the Fund’s RiskPro® estimated volatility. This could result in
poor absolute or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund may be focused in securities of a particular sector through its investment
in BNY Mellon Underlying Funds and Other Underlying Funds. Economic, legislative or regulatory
developments may occur that significantly affect the sector. This may cause the Fund’s
net asset value to fluctuate more than that of a fund that does not focus in a particular
sector. |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. BNY Mellon Underlying Funds and Other Underlying Funds in which the Fund
invests are subject to investment advisory and other expenses, which will be indirectly paid
by the Fund. As a result, the cost of investing in the Fund will be higher than the cost
of investing directly in the BNY Mellon Underlying Funds and Other Underlying Funds and may
also be higher than other mutual funds that invest directly in stocks and bonds. Each of
the BNY Mellon Underlying Funds and Other Underlying Funds is subject to its own investment
strategy-specific risks. Further, the Fund’s concentration in investing at least 80%
of the Fund’s assets in BNY Mellon Underlying Funds, under normal market circumstances,
increases the Fund’s investment risk. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a BNY Mellon Underlying Fund
may experience sudden, unpredictable drops in value or long periods of decline in value.
This may occur because of factors affecting securities markets generally, the equity securities
of a specific sector, or a specific company. There is no guarantee that the equity securities
held by BNY Mellon Underlying Funds will declare dividends in the future or that the dividends
paid by such equity securities will remain at current levels or increase over time. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Fixed Income Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
BNY Mellon Underlying Fund or Other Underlying Fund later than expected), and prepayment
risk (the debtor may pay its obligation early, reducing the amount of interest payments).
Current conditions have resulted in a rise in interest rates, which in turn may result in
a decline in the value of the fixed income investments held by the Fund or a BNY Mellon Underlying
Fund or Other Underlying Fund. As a result, for the present, interest rate risk may be heightened. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. A BNY Mellon Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social, and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular stocks, BNY Mellon Underlying
Funds, Other Underlying Funds, or securities in which such underlying funds invest, may prove
to be incorrect and there is no guarantee that the Adviser’s judgments will produce
the desired results. In addition, research regarding model portfolios comprised of BNY Mellon
Underlying Funds and Other Underlying Funds, including research regarding asset allocation,
may not prove accurate with respect to economic and market forecasts. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a BNY Mellon Underlying Fund’s or Other Underlying Fund’s portfolio may underperform
due to inflation (or expectations for inflation), interest rates, global demand for particular
products or resources, natural disasters, climate change or climate-related events, pandemics,
epidemics, terrorism, tariffs and trade wars, international conflicts, regulatory events
and governmental or quasi-governmental actions. The occurrence of global events similar to
those in recent years such as a worldwide pandemic, terrorist attacks, natural disasters,
social and political discord or debt crises and downgrades, among others, may result in market
volatility and may have long term effects on both the U.S. and global financial markets.
It is difficult to predict when similar events affecting the U.S. or global financial markets
may occur, the effects that such events may have and the duration of those effects. Any such
event(s) could have a significant adverse impact on the value and risk profile of the Fund.
For example, the COVID-19 global pandemic had negative impacts, and in many cases severe
negative impacts, on markets worldwide. It is not known how long the impacts of the significant
events described above would last, but there could be a prolonged period of global economic
slowdown, which may impact your Fund investment. Therefore, the Fund could lose money over
short periods due to short-term market movements and over longer periods during more prolonged
market downturns. During a general market downturn, multiple asset classes may be negatively
affected. Changes in market conditions and interest rates can have the same impact on all
types of securities and instruments. In times of severe market disruptions, you could lose
your entire investment. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Medium Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in BNY Mellon Underlying Funds and Other
Underlying Funds, higher portfolio turnover within the BNY Mellon Underlying Funds and Other
Underlying Funds will result in higher transactional and brokerage costs for the BNY Mellon
Underlying Funds and Other Underlying Funds. Simarly, a higher portfolio turnover rate for
the Fund itself will result in higher transactional and brokerage costs. Active trading may
also increase the Fund’s realized capital gains or losses, which may affect the taxes
you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in BNY Mellon Underlying
Funds and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the BNY Mellon Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the BNY Mellon Underlying Funds and Other
Underlying Funds, it is possible that the actual volatility of the Fund may be more or less
than the Fund’s RiskPro® estimated volatility. This could result in
poor absolute or relative performance, including significant losses. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund may be focused in securities of a particular sector through its investment
in BNY Mellon Underlying Funds and Other Underlying Funds. Economic, legislative or regulatory
developments may occur that significantly affect the sector. This may cause the Fund’s
net asset value to fluctuate more than that of a fund that does not focus in a particular
sector. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Small Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. BNY Mellon Underlying Funds and Other Underlying Funds in which the Fund
invests are subject to investment advisory and other expenses, which will be indirectly paid
by the Fund. As a result, the cost of investing in the Fund will be higher than the cost
of investing directly in the BNY Mellon Underlying Funds and Other Underlying Funds and may
also be higher than other mutual funds that invest directly in stocks and bonds. Each of
the BNY Mellon Underlying Funds and Other Underlying Funds is subject to its own investment
strategy-specific risks. Further, the Fund’s concentration in investing at least 80%
of the Fund’s assets in BNY Mellon Underlying Funds, under normal market circumstances,
increases the Fund’s investment risk. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Large Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in BNY Mellon Underlying Funds
may expose the Fund to risks involved in investing in large capitalization companies. Large-capitalization
companies may be less able than smaller capitalization companies to adapt to changing market
conditions. Large-capitalization companies may be more mature and subject to more limited
growth potential compared with smaller capitalization companies. During different market
cycles, the performance of large capitalization companies has trailed the overall performance
of the broader securities markets. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Real Estate Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Real
Estate Securities Risk. The value of real estate-related securities may be affected by
various factors, including, but not limited to the following: (i) changes in general economic
and market conditions; (ii) changes in the value of real estate properties; (iii) risks
related to local economic conditions, overbuilding and increased competition; (iv) increases
in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty
and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal
of property to tenants; (viii) the availability of financing and (ix) changes in interest
rates and leverage. Investing in REITs involves certain unique risks in addition to those
associated with the real estate sector generally. REITs whose underlying properties are concentrated
in a particular industry or region are also subject to risks affecting such industries and
regions. REITs (especially mortgage REITs) are also subject to interest rate risks. By investing
in REITs through Underlying Funds, the Fund, and consequently its shareholders, will bear
expenses of the REITs. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | High Yield Bond Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce the BNY Mellon Underlying Fund’s or Other Underlying
Fund’s ability to sell their bonds. The lack of a liquid market for these bonds could
decrease a BNY Mellon Underlying Fund’s or Other Underlying Fund’s share price,
potentially resulting in losses for the Fund. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Commodity Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Commodity
Sector Risk. Exposure to the commodities securities may subject the fund to greater volatility
than investments in traditional securities. The values of commodities and commodity-linked
investments may be more sensitive to events that might have less impact on the values of
stocks and bonds. Investments linked to the prices of commodities are considered speculative.
The value of a commodity-linked derivative instrument is based upon the price movements of
physical commodities, the value of these securities will rise or fall in response to changes
in the underlying commodities or related index of investment. Prices of commodities and commodity-linked
investments may fluctuate significantly over short periods for a variety of factors, including:
changes in supply and demand relationships, weather, agriculture, trade, fiscal, monetary
and exchange control programs, disease, pestilence, acts of terrorism, embargoes, tariffs
and international economic, political, military and regulatory developments. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Derivatives Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Derivatives
Risk. A small investment in derivatives could have a potentially magnified impact on
the investment. The use of derivatives involves risks possibly greater than the risks
associated with investing directly in the underlying assets. Derivatives in which the fund
may invest can be highly volatile, illiquid and difficult to value. There is risk that changes
in the value of a derivative held by the fund will not correlate with the underlying assets
or the fund’s other investments in the manner intended. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Emerging Markets [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets. A BNY Mellon Underlying Fund or Other Underlying Fund may invest in emerging
market countries. Emerging market countries may have relatively unstable governments, weaker
economies, and less-developed legal systems with fewer security holder rights. Emerging market
economies may be based on only a few industries and security issuers may be more susceptible
to economic weakness and more likely to default. Emerging market securities also tend to
be less liquid. |
|
| PFG BNY Mellon® Diversifier Strategy Fund | Leverage Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Leverage
Risk. The use of leverage typically used in futures contracts or forward currency contracts, may magnify the fund’s gains
or losses. Derivatives have a leverage component, adverse changes in the value or level of the underlying asset or reference rate
can result in a loss substantially greater than the amount invested in the derivative itself. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The Fund
is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in MFS Underlying Funds, Other Underlying Funds and the securities held by the MFS Underlying
Funds and Other Underlying Funds.
| ● | Aggressive
Strategy Risk. The Fund utilizes an aggressive strategy in pursuing its investment objective.
Accordingly, the Fund’s returns may be more volatile than a fund which pursues a more
conservative strategy. |
| ● | Commodity
Sector Risk. Exposure to the commodities securities may subject the fund to greater volatility
than investments in traditional securities. The values of commodities and commodity-linked
investments may be more sensitive to events that might have less impact on the values of
stocks and bonds. Investments linked to the prices of commodities are considered speculative.
The value of a commodity-linked derivative instrument is based upon the price movements of
physical commodities, the value of these securities will rise or fall in response to changes
in the underlying commodities or related index of investment. Prices of commodities and commodity-linked
investments may fluctuate significantly over short periods for a variety of factors, including:
changes in supply and demand relationships, weather, agriculture, trade, fiscal, monetary
and exchange control programs, disease, pestilence, acts of terrorism, embargoes, tariffs
and international economic, political, military and regulatory developments. |
| ● | Emerging
Markets Risk. A MFS Underlying Fund may invest in emerging market countries. Emerging
market countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a MFS Underlying Fund or
Other Underlying Funds may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by MFS Underlying Funds or Other Underlying Funds will declare
dividends in the future or that the dividends paid by such equity securities will remain
at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | Foreign
Risk. A MFS Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social, and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce the MFS Underlying Fund’s or Other Underlying Fund’s
ability to sell their bonds. The lack of a liquid market for these bonds could decrease the
MFS Underlying Fund’s or Other Underlying Fund’s share price, potentially resulting
in losses for the Fund. |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in the MFS Underlying Funds may
expose the Fund to risks involved in investing in large capitalization companies. Large-capitalization
companies may be less able than smaller capitalization companies to adapt to changing market
conditions. Large-capitalization companies may be more mature and subject to more limited
growth potential compared with smaller capitalization companies. During different market
cycles, the performance of large capitalization companies has trailed the overall performance
of the broader securities markets. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular MFS Underlying Funds, Other
Underlying Funds, or securities in which such underlying funds invest, may prove to be incorrect
and there is no guarantee that the Adviser’s judgments will produce the desired results.
In addition, research regarding model portfolios comprised of MFS Underlying Funds and Other
Underlying Funds, including research regarding asset allocation, may not prove accurate with
respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Fund’s portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, climate
change or climate-related events, pandemics, epidemics, terrorism, tariffs and trade wars,
international conflicts, regulatory events and governmental or quasi-governmental actions.
The occurrence of global events similar to those in recent years such as a worldwide pandemic,
terrorist attacks, natural disasters, social and political discord or debt crises and downgrades,
among others, may result in market volatility and may have long term effects on both the
U.S. and global financial markets. It is difficult to predict when similar events affecting
the U.S. or global financial markets may occur, the effects that such events may have and
the duration of those effects. Any such event(s) could have a significant adverse impact
on the value and risk profile of the Fund. For example, the COVID-19 global pandemic had
negative impacts, and in many cases severe negative impacts, on markets worldwide. It is
not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in MFS Underlying Funds, higher portfolio
turnover within the by MFS Underlying Funds will result in higher transactional and brokerage
costs for the by MFS Underlying Funds. Similarly, a higher portfolio turnover rate for the
Fund itself will result in higher transactional and brokerage costs. Active trading may also
increase the Fund’s realized capital gains or losses, which may affect the taxes you
pay as a Fund shareholder, when Fund shares are held in a taxable account. |
| ● | Real
Estate Securities Risk. The value of real estate-related securities may be affected by
various factors, including, but not limited to the following: (i) changes in general economic
and market conditions; (ii) changes in the value of real estate properties; (iii) risks
related to local economic conditions, overbuilding and increased competition; (iv) increases
in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty
and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal
of property to tenants; (viii) the availability of financing and (ix) changes in interest
rates and leverage. Investing in REITs involves certain unique risks in addition to those
associated with the real estate sector generally. REITs whose underlying properties are concentrated
in a particular industry or region are also subject to risks affecting such industries and
regions. REITs (especially mortgage REITs) are also subject to interest rate risks. By investing
in REITs through MFS Underlying Funds and Other Underlying Funds, the Fund, and consequently
its shareholders, will bear expenses of the REITs. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in MFS Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the MFS Underlying Funds and Other Underlying Funds. Because the Adviser will
not know the current portfolio holdings of the MFS Underlying Funds or Other Underlying Funds,
it is possible that the actual volatility of the Fund may be more or less than the Fund’s
RiskPro® estimated volatility. This could result in poor absolute or relative
performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in MFS Underlying Funds and Other Underlying Funds. Economic, legislative,
or regulatory developments may occur that significantly affect the sector. This may cause
the Fund’s net asset value to fluctuate more than that of a fund that does not focus
in a particular sector. |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. MFS Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the MFS Underlying Funds and Other Underlying Funds and may also be higher than
other mutual funds that invest directly in stocks and bonds. Each of the MFS Underlying Funds
and Other Underlying Funds is subject to its own investment strategy-specific risks. Further,
the Fund’s concentration in investing at least 80% of the Fund’s assets in MFS
Underlying Funds, under normal market circumstances, increases the Fund’s investment
risk. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a MFS Underlying Fund or
Other Underlying Funds may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by MFS Underlying Funds or Other Underlying Funds will declare
dividends in the future or that the dividends paid by such equity securities will remain
at current levels or increase over time. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. A MFS Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social, and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular MFS Underlying Funds, Other
Underlying Funds, or securities in which such underlying funds invest, may prove to be incorrect
and there is no guarantee that the Adviser’s judgments will produce the desired results.
In addition, research regarding model portfolios comprised of MFS Underlying Funds and Other
Underlying Funds, including research regarding asset allocation, may not prove accurate with
respect to economic and market forecasts. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Fund’s portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, climate
change or climate-related events, pandemics, epidemics, terrorism, tariffs and trade wars,
international conflicts, regulatory events and governmental or quasi-governmental actions.
The occurrence of global events similar to those in recent years such as a worldwide pandemic,
terrorist attacks, natural disasters, social and political discord or debt crises and downgrades,
among others, may result in market volatility and may have long term effects on both the
U.S. and global financial markets. It is difficult to predict when similar events affecting
the U.S. or global financial markets may occur, the effects that such events may have and
the duration of those effects. Any such event(s) could have a significant adverse impact
on the value and risk profile of the Fund. For example, the COVID-19 global pandemic had
negative impacts, and in many cases severe negative impacts, on markets worldwide. It is
not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Medium Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in MFS Underlying Funds, higher portfolio
turnover within the by MFS Underlying Funds will result in higher transactional and brokerage
costs for the by MFS Underlying Funds. Similarly, a higher portfolio turnover rate for the
Fund itself will result in higher transactional and brokerage costs. Active trading may also
increase the Fund’s realized capital gains or losses, which may affect the taxes you
pay as a Fund shareholder, when Fund shares are held in a taxable account. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in MFS Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the MFS Underlying Funds and Other Underlying Funds. Because the Adviser will
not know the current portfolio holdings of the MFS Underlying Funds or Other Underlying Funds,
it is possible that the actual volatility of the Fund may be more or less than the Fund’s
RiskPro® estimated volatility. This could result in poor absolute or relative
performance, including significant losses. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in MFS Underlying Funds and Other Underlying Funds. Economic, legislative,
or regulatory developments may occur that significantly affect the sector. This may cause
the Fund’s net asset value to fluctuate more than that of a fund that does not focus
in a particular sector. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Small Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Stock Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. MFS Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the MFS Underlying Funds and Other Underlying Funds and may also be higher than
other mutual funds that invest directly in stocks and bonds. Each of the MFS Underlying Funds
and Other Underlying Funds is subject to its own investment strategy-specific risks. Further,
the Fund’s concentration in investing at least 80% of the Fund’s assets in MFS
Underlying Funds, under normal market circumstances, increases the Fund’s investment
risk. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Emerging Markets Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets Risk. A MFS Underlying Fund may invest in emerging market countries. Emerging
market countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Large Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in the MFS Underlying Funds may
expose the Fund to risks involved in investing in large capitalization companies. Large-capitalization
companies may be less able than smaller capitalization companies to adapt to changing market
conditions. Large-capitalization companies may be more mature and subject to more limited
growth potential compared with smaller capitalization companies. During different market
cycles, the performance of large capitalization companies has trailed the overall performance
of the broader securities markets. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Real Estate Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Real
Estate Securities Risk. The value of real estate-related securities may be affected by
various factors, including, but not limited to the following: (i) changes in general economic
and market conditions; (ii) changes in the value of real estate properties; (iii) risks
related to local economic conditions, overbuilding and increased competition; (iv) increases
in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty
and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal
of property to tenants; (viii) the availability of financing and (ix) changes in interest
rates and leverage. Investing in REITs involves certain unique risks in addition to those
associated with the real estate sector generally. REITs whose underlying properties are concentrated
in a particular industry or region are also subject to risks affecting such industries and
regions. REITs (especially mortgage REITs) are also subject to interest rate risks. By investing
in REITs through MFS Underlying Funds and Other Underlying Funds, the Fund, and consequently
its shareholders, will bear expenses of the REITs. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | High Yield Bond Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce the MFS Underlying Fund’s or Other Underlying Fund’s
ability to sell their bonds. The lack of a liquid market for these bonds could decrease the
MFS Underlying Fund’s or Other Underlying Fund’s share price, potentially resulting
in losses for the Fund. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Aggressive Strategy Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Aggressive
Strategy Risk. The Fund utilizes an aggressive strategy in pursuing its investment objective.
Accordingly, the Fund’s returns may be more volatile than a fund which pursues a more
conservative strategy. |
|
| PFG MFS® Aggressive Capital Appreciation Strategy Fund | Commodity Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Commodity
Sector Risk. Exposure to the commodities securities may subject the fund to greater volatility
than investments in traditional securities. The values of commodities and commodity-linked
investments may be more sensitive to events that might have less impact on the values of
stocks and bonds. Investments linked to the prices of commodities are considered speculative.
The value of a commodity-linked derivative instrument is based upon the price movements of
physical commodities, the value of these securities will rise or fall in response to changes
in the underlying commodities or related index of investment. Prices of commodities and commodity-linked
investments may fluctuate significantly over short periods for a variety of factors, including:
changes in supply and demand relationships, weather, agriculture, trade, fiscal, monetary
and exchange control programs, disease, pestilence, acts of terrorism, embargoes, tariffs
and international economic, political, military and regulatory developments. |
|
| PFG BR Target Allocation Equity Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The Fund
is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in BlackRock Underlying Funds and the securities held by BlackRock Underlying Funds.
| ● | Emerging
Markets Risk. A BlackRock Underlying Fund may invest in emerging market countries. Emerging
market countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a BlackRock Underlying Fund
may experience sudden, unpredictable drops in value or long periods of decline in value.
This may occur because of factors affecting securities markets generally, the equity securities
of a specific sector, or a specific company. There is no guarantee that the equity securities
held by BlackRock Underlying Funds will declare dividends in the future or that the dividends
paid by such equity securities will remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | ETF
Structure Risk. The Fund invests at least 80% of its assets in the Underlying ETFs and
as a result is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the BlackRock Underlying Funds’
shares may not be developed or maintained. If the BlackRock Underlying Funds’ shares
are traded outside a collateralized settlement system, the number of financial institutions
that can act as authorized participants that can post collateral on an agency basis is limited,
which may limit the market for the BlackRock Underlying Funds’ shares. To the extent
that those authorized participants exit the business or are unable to process creation or
redemption orders and no other authorized participants are able to step forward to do so,
there may be a significantly diminished trading market for the BlackRock Underlying Funds’
shares. This could lead to differences between market price and underlying value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the BlackRock Underlying Funds’
shares may become less liquid in response to deteriorating liquidity in the market for the
Fund’s underlying holdings. This adverse effect on the liquidity of the BlackRock Underlying
Funds’ shares may, in turn, lead to differences between the market value of the BlackRock
Underlying Funds’ shares and the BlackRock Underlying Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the BlackRock
Underlying Funds to incur additional costs including brokerage costs and taxable capital
gains or losses that the BlackRock Underlying Funds may not have incurred if the Underlying
ETF had made redemptions in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of a BlackRock Underlying Funds’ underlying
securities trade in a market that is closed when the market for the BlackRock Underlying
Funds’ shares is open, there may be changes from the last quote of the closed market
and the quote from the BlackRock Underlying Funds’ domestic trading day, which could
lead to differences between the market value of the BlackRock Underlying Funds’ shares
and the BlackRock Underlying Funds’ net asset value. |
| ● | Foreign
Risk. A BlackRock Underlying Fund may invest in foreign securities. Investing in foreign
securities involves risks of adverse fluctuations in foreign currency values, adverse political,
social and economic developments, less liquidity, greater volatility, less developed or less
efficient trading markets, political instability and differing auditing and legal standards. |
| ● | Index
Risk. The BlackRock Underlying Funds in which the Fund invests may track an underlying
index. The performance of each BlackRock Underlying Fund and its underlying index may vary
somewhat due to factors such as fees and expenses, transaction costs, sample selection, regulatory
restrictions, and timing differences associated with additions to and deletions from the
underlying index. Errors in the construction or calculation of the index may occur from time
to time and may not be identified and corrected for some period of time, which may have an
adverse impact on the respective BlackRock Underlying Fund. Any variance in performance between
the respective BlackRock Underlying Fund and its underlying index may have adverse effect
on the performance of the Fund. |
| ● | Large
Capitalization Equity Risk. The Fund’s investments in the BlackRock Underlying Funds
may expose the Fund to risks involved in investing in large capitalization companies. Large-capitalization
companies may be less able than smaller capitalization companies to adapt to changing market
conditions. Large-capitalization companies may be more mature and subject to more limited
growth potential compared with smaller capitalization companies. During different market
cycles, the performance of large capitalization companies has trailed the overall performance
of the broader securities markets. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular BlackRock Underlying Funds,
or other securities in which such underlying funds invest, may prove to be incorrect and
there is no guarantee that the Adviser’s judgments will produce the desired results.
In addition, research regarding model portfolios comprised of BlackRock Underlying Funds
and Other Underlying Funds may not prove accurate with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a BlackRock Underlying Fund’s portfolio may underperform due to inflation (or expectations
for inflation), interest rates, global demand for particular products or resources, natural
disasters, climate change or climate-related events, pandemics, epidemics, terrorism, tariffs
and trade wars, international conflicts, regulatory events and governmental or quasi-governmental
actions. The occurrence of global events similar to those in recent years such as a worldwide
pandemic, terrorist attacks, natural disasters, social and political discord or debt crises
and downgrades, among others, may result in market volatility and may have long term effects
on both the U.S. and global financial markets. It is difficult to predict when similar events
affecting the U.S. or global financial markets may occur, the effects that such events may
have and the duration of those effects. Any such event(s) could have a significant adverse
impact on the value and risk profile of the Fund. For example, the COVID-19 global pandemic
had negative impacts, and in many cases severe negative impacts, on markets worldwide. It
is not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
| ● | Medium
Capitalization Equity Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Passive
Investment Risk. The BlackRock Underlying Funds in which the Fund invests that are Index
Funds are not actively managed, and BlackRock generally does not attempt to take defensive
positions under any market conditions, including declining markets. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in BlackRock Underlying Funds, higher
portfolio turnover within the by BlackRock Underlying Funds will result in higher transactional
and brokerage costs for the by BlackRock Underlying Funds. Similarly, a higher portfolio
turnover rate for the Fund itself will result in higher transactional and brokerage costs.
Active trading may also increase the Fund’s realized capital gains or losses, which
may affect the taxes you pay as a Fund shareholder, when Fund shares are held in a taxable
account. |
| ● | Real
Estate Securities Risk. The value of real estate-related securities may be affected by
various factors, including, but not limited to the following: (i) changes in general economic
and market conditions; (ii) changes in the value of real estate properties; (iii) risks
related to local economic conditions, overbuilding and increased competition; (iv) increases
in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty
and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal
of property to tenants; (viii) the availability of financing and (ix) changes in interest
rates and leverage. Investing in REITs involves certain unique risks in addition to those
associated with the real estate sector generally. REITs whose underlying properties are concentrated
in a particular industry or region are also subject to risks affecting such industries and
regions. REITs (especially mortgage REITs) are also subject to interest rate risks. By investing
in REITs through Underlying Funds, the Fund, and consequently its shareholders, will bear
expenses of the REITs. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s maximum volatility over a forward-looking rolling twelve-month period, the
projections or other information generated by RiskPro® regarding the likelihood
of various outcomes are hypothetical in nature, do not reflect actual investment results
and are not a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in BlackRock Underlying
Funds, the actual volatility of the Fund is driven by the portfolio holdings of the BlackRock
Underlying Funds. Because the Adviser will not know the current portfolio holdings of the
BlackRock Underlying Funds, it is possible that the actual volatility of the Fund may be
more or less than the Fund’s RiskPro® estimated volatility. This could
result in poor absolute or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in BlackRock Underlying Funds. Economic, legislative or regulatory
developments may occur that significantly affect the sector. This may cause the Fund’s
net asset value to fluctuate more than that of a fund that does not focus in a particular
sector. |
| ● | Small
Capitalization Equity Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. BlackRock Underlying Funds in which the Fund invests are subject to investment
advisory and other expenses, which will be indirectly paid by the Fund. As a result, the
cost of investing in the Fund will be higher than the cost of investing directly in the BlackRock
Underlying Funds and may also be higher than other mutual funds that invest directly in stocks
and bonds. Each of the BlackRock Underlying Funds is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in BlackRock Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG BR Target Allocation Equity Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a BlackRock Underlying Fund
may experience sudden, unpredictable drops in value or long periods of decline in value.
This may occur because of factors affecting securities markets generally, the equity securities
of a specific sector, or a specific company. There is no guarantee that the equity securities
held by BlackRock Underlying Funds will declare dividends in the future or that the dividends
paid by such equity securities will remain at current levels or increase over time. |
|
| PFG BR Target Allocation Equity Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG BR Target Allocation Equity Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. A BlackRock Underlying Fund may invest in foreign securities. Investing in foreign
securities involves risks of adverse fluctuations in foreign currency values, adverse political,
social and economic developments, less liquidity, greater volatility, less developed or less
efficient trading markets, political instability and differing auditing and legal standards. |
|
| PFG BR Target Allocation Equity Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular BlackRock Underlying Funds,
or other securities in which such underlying funds invest, may prove to be incorrect and
there is no guarantee that the Adviser’s judgments will produce the desired results.
In addition, research regarding model portfolios comprised of BlackRock Underlying Funds
and Other Underlying Funds may not prove accurate with respect to economic and market forecasts. |
|
| PFG BR Target Allocation Equity Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a BlackRock Underlying Fund’s portfolio may underperform due to inflation (or expectations
for inflation), interest rates, global demand for particular products or resources, natural
disasters, climate change or climate-related events, pandemics, epidemics, terrorism, tariffs
and trade wars, international conflicts, regulatory events and governmental or quasi-governmental
actions. The occurrence of global events similar to those in recent years such as a worldwide
pandemic, terrorist attacks, natural disasters, social and political discord or debt crises
and downgrades, among others, may result in market volatility and may have long term effects
on both the U.S. and global financial markets. It is difficult to predict when similar events
affecting the U.S. or global financial markets may occur, the effects that such events may
have and the duration of those effects. Any such event(s) could have a significant adverse
impact on the value and risk profile of the Fund. For example, the COVID-19 global pandemic
had negative impacts, and in many cases severe negative impacts, on markets worldwide. It
is not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
|
| PFG BR Target Allocation Equity Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in BlackRock Underlying Funds, higher
portfolio turnover within the by BlackRock Underlying Funds will result in higher transactional
and brokerage costs for the by BlackRock Underlying Funds. Similarly, a higher portfolio
turnover rate for the Fund itself will result in higher transactional and brokerage costs.
Active trading may also increase the Fund’s realized capital gains or losses, which
may affect the taxes you pay as a Fund shareholder, when Fund shares are held in a taxable
account. |
|
| PFG BR Target Allocation Equity Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s maximum volatility over a forward-looking rolling twelve-month period, the
projections or other information generated by RiskPro® regarding the likelihood
of various outcomes are hypothetical in nature, do not reflect actual investment results
and are not a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in BlackRock Underlying
Funds, the actual volatility of the Fund is driven by the portfolio holdings of the BlackRock
Underlying Funds. Because the Adviser will not know the current portfolio holdings of the
BlackRock Underlying Funds, it is possible that the actual volatility of the Fund may be
more or less than the Fund’s RiskPro® estimated volatility. This could
result in poor absolute or relative performance, including significant losses. |
|
| PFG BR Target Allocation Equity Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in BlackRock Underlying Funds. Economic, legislative or regulatory
developments may occur that significantly affect the sector. This may cause the Fund’s
net asset value to fluctuate more than that of a fund that does not focus in a particular
sector. |
|
| PFG BR Target Allocation Equity Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. BlackRock Underlying Funds in which the Fund invests are subject to investment
advisory and other expenses, which will be indirectly paid by the Fund. As a result, the
cost of investing in the Fund will be higher than the cost of investing directly in the BlackRock
Underlying Funds and may also be higher than other mutual funds that invest directly in stocks
and bonds. Each of the BlackRock Underlying Funds is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in BlackRock Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG BR Target Allocation Equity Strategy Fund | Emerging Markets Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets Risk. A BlackRock Underlying Fund may invest in emerging market countries. Emerging
market countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
|
| PFG BR Target Allocation Equity Strategy Fund | ETF Structure Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Structure Risk. The Fund invests at least 80% of its assets in the Underlying ETFs and
as a result is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the BlackRock Underlying Funds’
shares may not be developed or maintained. If the BlackRock Underlying Funds’ shares
are traded outside a collateralized settlement system, the number of financial institutions
that can act as authorized participants that can post collateral on an agency basis is limited,
which may limit the market for the BlackRock Underlying Funds’ shares. To the extent
that those authorized participants exit the business or are unable to process creation or
redemption orders and no other authorized participants are able to step forward to do so,
there may be a significantly diminished trading market for the BlackRock Underlying Funds’
shares. This could lead to differences between market price and underlying value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the BlackRock Underlying Funds’
shares may become less liquid in response to deteriorating liquidity in the market for the
Fund’s underlying holdings. This adverse effect on the liquidity of the BlackRock Underlying
Funds’ shares may, in turn, lead to differences between the market value of the BlackRock
Underlying Funds’ shares and the BlackRock Underlying Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the BlackRock
Underlying Funds to incur additional costs including brokerage costs and taxable capital
gains or losses that the BlackRock Underlying Funds may not have incurred if the Underlying
ETF had made redemptions in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of a BlackRock Underlying Funds’ underlying
securities trade in a market that is closed when the market for the BlackRock Underlying
Funds’ shares is open, there may be changes from the last quote of the closed market
and the quote from the BlackRock Underlying Funds’ domestic trading day, which could
lead to differences between the market value of the BlackRock Underlying Funds’ shares
and the BlackRock Underlying Funds’ net asset value. |
|
| PFG BR Target Allocation Equity Strategy Fund | Trading Issues [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the BlackRock Underlying Funds’
shares may not be developed or maintained. If the BlackRock Underlying Funds’ shares
are traded outside a collateralized settlement system, the number of financial institutions
that can act as authorized participants that can post collateral on an agency basis is limited,
which may limit the market for the BlackRock Underlying Funds’ shares. To the extent
that those authorized participants exit the business or are unable to process creation or
redemption orders and no other authorized participants are able to step forward to do so,
there may be a significantly diminished trading market for the BlackRock Underlying Funds’
shares. This could lead to differences between market price and underlying value of shares. |
|
| PFG BR Target Allocation Equity Strategy Fund | Liquidity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the BlackRock Underlying Funds’
shares may become less liquid in response to deteriorating liquidity in the market for the
Fund’s underlying holdings. This adverse effect on the liquidity of the BlackRock Underlying
Funds’ shares may, in turn, lead to differences between the market value of the BlackRock
Underlying Funds’ shares and the BlackRock Underlying Funds’ net asset value. |
|
| PFG BR Target Allocation Equity Strategy Fund | Cash Transaction Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the BlackRock
Underlying Funds to incur additional costs including brokerage costs and taxable capital
gains or losses that the BlackRock Underlying Funds may not have incurred if the Underlying
ETF had made redemptions in-kind. |
|
| PFG BR Target Allocation Equity Strategy Fund | Market Price Variance Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Market
Price Variance Risk. When all or a portion of a BlackRock Underlying Funds’ underlying
securities trade in a market that is closed when the market for the BlackRock Underlying
Funds’ shares is open, there may be changes from the last quote of the closed market
and the quote from the BlackRock Underlying Funds’ domestic trading day, which could
lead to differences between the market value of the BlackRock Underlying Funds’ shares
and the BlackRock Underlying Funds’ net asset value. |
|
| PFG BR Target Allocation Equity Strategy Fund | Index Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Index
Risk. The BlackRock Underlying Funds in which the Fund invests may track an underlying
index. The performance of each BlackRock Underlying Fund and its underlying index may vary
somewhat due to factors such as fees and expenses, transaction costs, sample selection, regulatory
restrictions, and timing differences associated with additions to and deletions from the
underlying index. Errors in the construction or calculation of the index may occur from time
to time and may not be identified and corrected for some period of time, which may have an
adverse impact on the respective BlackRock Underlying Fund. Any variance in performance between
the respective BlackRock Underlying Fund and its underlying index may have adverse effect
on the performance of the Fund. |
|
| PFG BR Target Allocation Equity Strategy Fund | Passive Investment Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Passive
Investment Risk. The BlackRock Underlying Funds in which the Fund invests that are Index
Funds are not actively managed, and BlackRock generally does not attempt to take defensive
positions under any market conditions, including declining markets. |
|
| PFG BR Target Allocation Equity Strategy Fund | Real Estate Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Real
Estate Securities Risk. The value of real estate-related securities may be affected by
various factors, including, but not limited to the following: (i) changes in general economic
and market conditions; (ii) changes in the value of real estate properties; (iii) risks
related to local economic conditions, overbuilding and increased competition; (iv) increases
in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty
and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal
of property to tenants; (viii) the availability of financing and (ix) changes in interest
rates and leverage. Investing in REITs involves certain unique risks in addition to those
associated with the real estate sector generally. REITs whose underlying properties are concentrated
in a particular industry or region are also subject to risks affecting such industries and
regions. REITs (especially mortgage REITs) are also subject to interest rate risks. By investing
in REITs through Underlying Funds, the Fund, and consequently its shareholders, will bear
expenses of the REITs. |
|
| PFG BR Target Allocation Equity Strategy Fund | Large Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Equity Risk. The Fund’s investments in the BlackRock Underlying Funds
may expose the Fund to risks involved in investing in large capitalization companies. Large-capitalization
companies may be less able than smaller capitalization companies to adapt to changing market
conditions. Large-capitalization companies may be more mature and subject to more limited
growth potential compared with smaller capitalization companies. During different market
cycles, the performance of large capitalization companies has trailed the overall performance
of the broader securities markets. |
|
| PFG BR Target Allocation Equity Strategy Fund | Medium Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Equity Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG BR Target Allocation Equity Strategy Fund | Small Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Equity Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Janus Henderson(R) Balanced Strategy |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The Fund
is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in Janus Henderson Underlying Funds, Other Underlying Funds and the securities held such
Underlying Funds.
| ● | Emerging
Markets. A Janus Henderson Underlying Fund or Other Underlying Fund may invest in emerging
market countries. Emerging market countries may have relatively unstable governments, weaker
economies, and less-developed legal systems with fewer security holder rights. Emerging market
economies may be based on only a few industries and security issuers may be more susceptible
to economic weakness and more likely to default. Emerging market securities also tend to
be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a Janus Henderson Underlying
Fund or Other Underlying Funds may experience sudden, unpredictable drops in value or long
periods of decline in value. This may occur because of factors affecting securities markets
generally, the equity securities of a specific sector, or a specific company. There is no
guarantee that the equity securities held by Janus Henderson Underlying Funds or Other Underlying
Funds will declare dividends in the future or that the dividends paid by such equity securities
will remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
Janus Henderson Underlying Fund or Other Underlying Fund later than expected), and prepayment
risk (the debtor may pay its obligation early, reducing the amount of interest payments).
Current conditions have resulted in a rise in interest rates, which in turn may result in
a decline in the value of the fixed income investments held by a Janus Henderson Underlying
Fund or Other Underlying Fund. As a result, for the present, interest rate risk may be heightened. |
| ● | Foreign
Risk. A Janus Henderson Underlying Fund or Other Underlying Fund may invest in foreign
securities. Investing in foreign securities involves risks of adverse fluctuations
in foreign currency values, adverse political, social, and economic developments, less liquidity,
greater volatility, less developed or less efficient trading markets, political instability
and differing auditing and legal standards. |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce a Janus Henderson Underlying Fund’s ability to sell
its bonds. The lack of a liquid market for these bonds could decrease a Janus Henderson Underlying
Fund’s share price, potentially resulting in losses for the Fund. |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in Janus Henderson Underlying
Funds may expose the Fund to risks involved in investing in large capitalization companies.
Large-capitalization companies may be less able than smaller capitalization companies to
adapt to changing market conditions. Large-capitalization companies may be more mature and
subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
| ● | Loan
Risk. Investments in loans may subject the Fund to heightened credit risks as loans tend
to be highly leveraged and potentially more susceptible to the risks of interest deferral,
default and/or bankruptcy. Senior floating rate loans are often rated below investment grade,
but may also be unrated. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular stocks, Janus Henderson Underlying
Funds, Other Underlying Funds, or securities in which such underlying funds invest, may prove
to be incorrect and there is no guarantee that the Adviser’s judgments will produce
the desired results. In addition, research utilized by the Adviser from the research provider
regarding the Janus Henderson Underlying Funds and Other Underlying Funds, including research
regarding asset allocation, may not prove accurate with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region, or financial market.
Securities in a Janus Henderson Underlying Fund’s or Other Underlying Fund’s portfolio
may underperform due to inflation (or expectations for inflation), interest rates, global
demand for particular products or resources, natural disasters, climate change or climate-related
events, pandemics, epidemics, terrorism, tariffs and trade wars, international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Mortgage
and Asset-Backed Security Risk. When the Fund invests in asset-backed securities and
mortgage-backed securities, the Fund is subject to the risk that, if the underlying borrowers
fail to pay interest or repay principal, the assets backing these securities may not be sufficient
to support payments on the securities. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Janus Henderson Underlying Funds and
Other Underlying Funds, higher portfolio turnover within the Janus Henderson Underlying Funds
and Other Underlying Funds will result in higher transactional and brokerage costs for the
Janus Henderson Underlying Funds and Other Underlying Funds. Similarly, a higher portfolio
turnover rate for the Fund itself will result in higher transactional and brokerage costs.
Active trading may also increase the Fund’s realized capital gains or losses, which
may affect the taxes you pay as a Fund shareholder, when Fund shares are held in a taxable
account. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Janus Henderson
Underlying Funds and Other Underlying Funds, the actual volatility of the Fund is driven
by the portfolio holdings of the Janus Henderson Underlying Funds and Other Underlying Funds.
Because the Adviser will not know the current portfolio holdings of the Janus Henderson Underlying
Funds or Other Underlying Funds, it is possible that the actual volatility of the Fund may
be more or less than the Fund’s RiskPro® estimated volatility. This
could result in poor absolute or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Janus Henderson Underlying Funds and Other Underlying Funds. Economic,
legislative, or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
| ● | Small
Capitalization Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. Janus Henderson Underlying Funds and Other Underlying Funds in which the
Fund invests are subject to investment advisory and other expenses, which will be indirectly
paid by the Fund. As a result, the cost of investing in the Fund will be higher than the
cost of investing directly in the Janus Henderson Underlying Funds and Other Underlying Funds
and may be higher than other mutual funds that invest directly in equity securities and bonds.
Each of the Janus Henderson Underlying Funds and Other Underlying Funds is subject to its
own investment strategy-specific risks. |
|
| PFG Janus Henderson(R) Balanced Strategy | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a Janus Henderson Underlying
Fund or Other Underlying Funds may experience sudden, unpredictable drops in value or long
periods of decline in value. This may occur because of factors affecting securities markets
generally, the equity securities of a specific sector, or a specific company. There is no
guarantee that the equity securities held by Janus Henderson Underlying Funds or Other Underlying
Funds will declare dividends in the future or that the dividends paid by such equity securities
will remain at current levels or increase over time. |
|
| PFG Janus Henderson(R) Balanced Strategy | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG Janus Henderson(R) Balanced Strategy | Fixed Income Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
Janus Henderson Underlying Fund or Other Underlying Fund later than expected), and prepayment
risk (the debtor may pay its obligation early, reducing the amount of interest payments).
Current conditions have resulted in a rise in interest rates, which in turn may result in
a decline in the value of the fixed income investments held by a Janus Henderson Underlying
Fund or Other Underlying Fund. As a result, for the present, interest rate risk may be heightened. |
|
| PFG Janus Henderson(R) Balanced Strategy | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. A Janus Henderson Underlying Fund or Other Underlying Fund may invest in foreign
securities. Investing in foreign securities involves risks of adverse fluctuations
in foreign currency values, adverse political, social, and economic developments, less liquidity,
greater volatility, less developed or less efficient trading markets, political instability
and differing auditing and legal standards. |
|
| PFG Janus Henderson(R) Balanced Strategy | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular stocks, Janus Henderson Underlying
Funds, Other Underlying Funds, or securities in which such underlying funds invest, may prove
to be incorrect and there is no guarantee that the Adviser’s judgments will produce
the desired results. In addition, research utilized by the Adviser from the research provider
regarding the Janus Henderson Underlying Funds and Other Underlying Funds, including research
regarding asset allocation, may not prove accurate with respect to economic and market forecasts. |
|
| PFG Janus Henderson(R) Balanced Strategy | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region, or financial market.
Securities in a Janus Henderson Underlying Fund’s or Other Underlying Fund’s portfolio
may underperform due to inflation (or expectations for inflation), interest rates, global
demand for particular products or resources, natural disasters, climate change or climate-related
events, pandemics, epidemics, terrorism, tariffs and trade wars, international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
|
| PFG Janus Henderson(R) Balanced Strategy | Medium Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Janus Henderson(R) Balanced Strategy | Mortgage and Asset-Backed Security Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Mortgage
and Asset-Backed Security Risk. When the Fund invests in asset-backed securities and
mortgage-backed securities, the Fund is subject to the risk that, if the underlying borrowers
fail to pay interest or repay principal, the assets backing these securities may not be sufficient
to support payments on the securities. |
|
| PFG Janus Henderson(R) Balanced Strategy | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Janus Henderson Underlying Funds and
Other Underlying Funds, higher portfolio turnover within the Janus Henderson Underlying Funds
and Other Underlying Funds will result in higher transactional and brokerage costs for the
Janus Henderson Underlying Funds and Other Underlying Funds. Similarly, a higher portfolio
turnover rate for the Fund itself will result in higher transactional and brokerage costs.
Active trading may also increase the Fund’s realized capital gains or losses, which
may affect the taxes you pay as a Fund shareholder, when Fund shares are held in a taxable
account. |
|
| PFG Janus Henderson(R) Balanced Strategy | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Janus Henderson
Underlying Funds and Other Underlying Funds, the actual volatility of the Fund is driven
by the portfolio holdings of the Janus Henderson Underlying Funds and Other Underlying Funds.
Because the Adviser will not know the current portfolio holdings of the Janus Henderson Underlying
Funds or Other Underlying Funds, it is possible that the actual volatility of the Fund may
be more or less than the Fund’s RiskPro® estimated volatility. This
could result in poor absolute or relative performance, including significant losses. |
|
| PFG Janus Henderson(R) Balanced Strategy | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Janus Henderson Underlying Funds and Other Underlying Funds. Economic,
legislative, or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
|
| PFG Janus Henderson(R) Balanced Strategy | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. Janus Henderson Underlying Funds and Other Underlying Funds in which the
Fund invests are subject to investment advisory and other expenses, which will be indirectly
paid by the Fund. As a result, the cost of investing in the Fund will be higher than the
cost of investing directly in the Janus Henderson Underlying Funds and Other Underlying Funds
and may be higher than other mutual funds that invest directly in equity securities and bonds.
Each of the Janus Henderson Underlying Funds and Other Underlying Funds is subject to its
own investment strategy-specific risks. |
|
| PFG Janus Henderson(R) Balanced Strategy | Large Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in Janus Henderson Underlying
Funds may expose the Fund to risks involved in investing in large capitalization companies.
Large-capitalization companies may be less able than smaller capitalization companies to
adapt to changing market conditions. Large-capitalization companies may be more mature and
subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
|
| PFG Janus Henderson(R) Balanced Strategy | High Yield Bond Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce a Janus Henderson Underlying Fund’s ability to sell
its bonds. The lack of a liquid market for these bonds could decrease a Janus Henderson Underlying
Fund’s share price, potentially resulting in losses for the Fund. |
|
| PFG Janus Henderson(R) Balanced Strategy | Emerging Markets [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets. A Janus Henderson Underlying Fund or Other Underlying Fund may invest in emerging
market countries. Emerging market countries may have relatively unstable governments, weaker
economies, and less-developed legal systems with fewer security holder rights. Emerging market
economies may be based on only a few industries and security issuers may be more susceptible
to economic weakness and more likely to default. Emerging market securities also tend to
be less liquid. |
|
| PFG Janus Henderson(R) Balanced Strategy | Loan Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Loan
Risk. Investments in loans may subject the Fund to heightened credit risks as loans tend
to be highly leveraged and potentially more susceptible to the risks of interest deferral,
default and/or bankruptcy. Senior floating rate loans are often rated below investment grade,
but may also be unrated. |
|
| PFG Janus Henderson(R) Balanced Strategy | Small Capitalization Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The Fund
is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in Invesco Underlying Funds, Other Underlying Funds and the securities held by such Underlying
Funds.
| ● | Emerging
Markets Risk. An Invesco Underlying Fund may invest in emerging market countries. Emerging
market countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by an Invesco Underlying Fund
or Other Underlying Fund may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by Invesco Underlying Funds or Other Underlying Fund will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | ETF
Structure Risk. The Fund invests at least 80% of its assets in the Underlying ETFs and
as a result is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Underlying Funds’ shares
may not be developed or maintained. If the Underlying Funds’ shares are traded outside
a collateralized settlement system, the number of financial institutions that can act as
authorized participants that can post collateral on an agency basis is limited, which may
limit the market for the Underlying Funds’ shares. To the extent that those authorized
participants exit the business or are unable to process creation or redemption orders and
no other authorized participants are able to step forward to do so, there may be a significantly
diminished trading market for the Underlying Funds’ shares. This could lead to differences
between market price and underlying value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Underlying Funds’ shares may
become less liquid in response to deteriorating liquidity in the market for the Fund’s
underlying holdings. This adverse effect on the liquidity of the Underlying Funds’ shares
may, in turn, lead to differences between the market value of the Underlying Funds’
shares and the Underlying Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the Invesco
Underlying Funds or Other Underlying Funds to incur additional costs including brokerage
costs and taxable capital gains or losses that the Invesco Underlying Funds or Other Underlying
Funds may not have incurred if the Underlying ETF had made redemptions in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of an Underlying Funds’ underlying securities
trade in a market that is closed when the market for the Underlying Funds’ shares is
open, there may be changes from the last quote of the closed market and the quote from the
Underlying Funds’ domestic trading day, which could lead to differences between the
market value of the Underlying Funds’ shares and the Underlying Funds’ net asset
value. |
| ● | Foreign
Risk. An Invesco Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social, and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
| ● | Index
Risk. The Invesco Underlying Funds and Other Underlying Funds in which the Fund invests
may track an underlying index. The performance of each Invesco Underlying Fund or Other Underlying
Fund and its underlying index may vary somewhat due to factors such as fees and expenses,
transaction costs, sample selection, regulatory restrictions, and timing differences associated
with additions to and deletions from the underlying index. Errors in the construction or
calculation of the index may occur from time to time and may not be identified and corrected
for some period of time, which may have an adverse impact on the respective Invesco Underlying
Fund or Other Underlying Fund. Any variance in performance between the respective Invesco
Underlying Funds and its underlying index may have adverse effect on the performance of the
Fund. |
| ● | Large
Capitalization Equity Risk. The Fund’s investments in Invesco Underlying Funds or
Other Underlying Fund may expose the Fund to risks involved in investing in large capitalization
companies. Large-capitalization companies may be less able than smaller capitalization companies
to adapt to changing market conditions. Large-capitalization companies may be more mature
and subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
securities in which the Fund invests, including of particular Invesco Underlying Funds, Other
Underlying Funds, or securities in which such underlying funds invest, may prove to be incorrect
and there is no guarantee that the Adviser’s judgments will produce the desired results.
In addition, research utilized by the Adviser from the research provider regarding the Invesco
Underlying Funds and Other Underlying Funds, including research regarding asset allocation,
may not prove accurate with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region, or financial market.
Securities in an Invesco Underlying Fund’s or Other Underlying Fund portfolio may underperform
due to inflation (or expectations for inflation), interest rates, global demand for particular
products or resources, natural disasters, climate change or climate-related events, pandemics,
epidemics, terrorism, tariffs and trade wars, international conflicts, regulatory events
and governmental or quasi-governmental actions. The occurrence of global events similar to
those in recent years such as a worldwide pandemic, terrorist attacks, natural disasters,
social and political discord or debt crises and downgrades, among others, may result in market
volatility and may have long term effects on both the U.S. and global financial markets.
It is difficult to predict when similar events affecting the U.S. or global financial markets
may occur, the effects that such events may have and the duration of those effects. Any such
event(s) could have a significant adverse impact on the value and risk profile of the Fund.
For example, the COVID-19 global pandemic had negative impacts, and in many cases severe
negative impacts, on markets worldwide. It is not known how long the impacts of the significant
events described above would last, but there could be a prolonged period of global economic
slowdown, which may impact your Fund investment. Therefore, the Fund could lose money over
short periods due to short-term market movements and over longer periods during more prolonged
market downturns. During a general market downturn, multiple asset classes may be negatively
affected. Changes in market conditions and interest rates can have the same impact on all
types of securities and instruments. In times of severe market disruptions, you could lose
your entire investment. |
| ● | Medium
Capitalization Equity Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Passive
Investment Risk. The Invesco Underlying Funds and Other Underlying Funds in which the
Fund invests that are Index Funds are not actively managed, and Invesco generally does not
attempt to take defensive positions under any market conditions, including declining markets. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Invesco Underlying Funds and Other
Underlying Fund, higher portfolio turnover within the Invesco Underlying Funds will result
in higher transactional and brokerage costs for the Invesco Underlying Funds and Other Underlying
Fund. A higher portfolio turnover rate for the Fund itself will result in higher transactional
and brokerage costs. Similarly, a higher portfolio turnover rate for the Fund itself will
result in higher transactional and brokerage costs. Active trading may also increase the
Fund’s realized capital gains or losses, which may affect the taxes you pay as a Fund
shareholder, when Fund shares are held in a taxable account. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Invesco Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the Invesco Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the Invesco Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Invesco Underlying Funds and Other Underlying Funds. Economic,
legislative, or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
| ● | Small
Capitalization Equity Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. Invesco Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the Invesco Underlying Funds and Other Underlying Fund and may be higher than
other mutual funds that invest directly in equity securities and bonds. Each of the Invesco
Underlying Funds or Other Underlying Fund is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in Invesco Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by an Invesco Underlying Fund
or Other Underlying Fund may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by Invesco Underlying Funds or Other Underlying Fund will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. An Invesco Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social, and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
securities in which the Fund invests, including of particular Invesco Underlying Funds, Other
Underlying Funds, or securities in which such underlying funds invest, may prove to be incorrect
and there is no guarantee that the Adviser’s judgments will produce the desired results.
In addition, research utilized by the Adviser from the research provider regarding the Invesco
Underlying Funds and Other Underlying Funds, including research regarding asset allocation,
may not prove accurate with respect to economic and market forecasts. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region, or financial market.
Securities in an Invesco Underlying Fund’s or Other Underlying Fund portfolio may underperform
due to inflation (or expectations for inflation), interest rates, global demand for particular
products or resources, natural disasters, climate change or climate-related events, pandemics,
epidemics, terrorism, tariffs and trade wars, international conflicts, regulatory events
and governmental or quasi-governmental actions. The occurrence of global events similar to
those in recent years such as a worldwide pandemic, terrorist attacks, natural disasters,
social and political discord or debt crises and downgrades, among others, may result in market
volatility and may have long term effects on both the U.S. and global financial markets.
It is difficult to predict when similar events affecting the U.S. or global financial markets
may occur, the effects that such events may have and the duration of those effects. Any such
event(s) could have a significant adverse impact on the value and risk profile of the Fund.
For example, the COVID-19 global pandemic had negative impacts, and in many cases severe
negative impacts, on markets worldwide. It is not known how long the impacts of the significant
events described above would last, but there could be a prolonged period of global economic
slowdown, which may impact your Fund investment. Therefore, the Fund could lose money over
short periods due to short-term market movements and over longer periods during more prolonged
market downturns. During a general market downturn, multiple asset classes may be negatively
affected. Changes in market conditions and interest rates can have the same impact on all
types of securities and instruments. In times of severe market disruptions, you could lose
your entire investment. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Invesco Underlying Funds and Other
Underlying Fund, higher portfolio turnover within the Invesco Underlying Funds will result
in higher transactional and brokerage costs for the Invesco Underlying Funds and Other Underlying
Fund. A higher portfolio turnover rate for the Fund itself will result in higher transactional
and brokerage costs. Similarly, a higher portfolio turnover rate for the Fund itself will
result in higher transactional and brokerage costs. Active trading may also increase the
Fund’s realized capital gains or losses, which may affect the taxes you pay as a Fund
shareholder, when Fund shares are held in a taxable account. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Invesco Underlying Funds
and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the Invesco Underlying Funds and Other Underlying Funds. Because the Adviser
will not know the current portfolio holdings of the Invesco Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Invesco Underlying Funds and Other Underlying Funds. Economic,
legislative, or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. Invesco Underlying Funds and Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the Invesco Underlying Funds and Other Underlying Fund and may be higher than
other mutual funds that invest directly in equity securities and bonds. Each of the Invesco
Underlying Funds or Other Underlying Fund is subject to its own investment strategy-specific
risks. Further, the Fund’s concentration in investing at least 80% of the Fund’s
assets in Invesco Underlying Funds, under normal market circumstances, increases the Fund’s
investment risk. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Emerging Markets Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets Risk. An Invesco Underlying Fund may invest in emerging market countries. Emerging
market countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | ETF Structure Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Structure Risk. The Fund invests at least 80% of its assets in the Underlying ETFs and
as a result is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Underlying Funds’ shares
may not be developed or maintained. If the Underlying Funds’ shares are traded outside
a collateralized settlement system, the number of financial institutions that can act as
authorized participants that can post collateral on an agency basis is limited, which may
limit the market for the Underlying Funds’ shares. To the extent that those authorized
participants exit the business or are unable to process creation or redemption orders and
no other authorized participants are able to step forward to do so, there may be a significantly
diminished trading market for the Underlying Funds’ shares. This could lead to differences
between market price and underlying value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Underlying Funds’ shares may
become less liquid in response to deteriorating liquidity in the market for the Fund’s
underlying holdings. This adverse effect on the liquidity of the Underlying Funds’ shares
may, in turn, lead to differences between the market value of the Underlying Funds’
shares and the Underlying Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the Invesco
Underlying Funds or Other Underlying Funds to incur additional costs including brokerage
costs and taxable capital gains or losses that the Invesco Underlying Funds or Other Underlying
Funds may not have incurred if the Underlying ETF had made redemptions in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of an Underlying Funds’ underlying securities
trade in a market that is closed when the market for the Underlying Funds’ shares is
open, there may be changes from the last quote of the closed market and the quote from the
Underlying Funds’ domestic trading day, which could lead to differences between the
market value of the Underlying Funds’ shares and the Underlying Funds’ net asset
value. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Trading Issues [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Underlying Funds’ shares
may not be developed or maintained. If the Underlying Funds’ shares are traded outside
a collateralized settlement system, the number of financial institutions that can act as
authorized participants that can post collateral on an agency basis is limited, which may
limit the market for the Underlying Funds’ shares. To the extent that those authorized
participants exit the business or are unable to process creation or redemption orders and
no other authorized participants are able to step forward to do so, there may be a significantly
diminished trading market for the Underlying Funds’ shares. This could lead to differences
between market price and underlying value of shares. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Liquidity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Underlying Funds’ shares may
become less liquid in response to deteriorating liquidity in the market for the Fund’s
underlying holdings. This adverse effect on the liquidity of the Underlying Funds’ shares
may, in turn, lead to differences between the market value of the Underlying Funds’
shares and the Underlying Funds’ net asset value. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Cash Transaction Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities may cause the Invesco
Underlying Funds or Other Underlying Funds to incur additional costs including brokerage
costs and taxable capital gains or losses that the Invesco Underlying Funds or Other Underlying
Funds may not have incurred if the Underlying ETF had made redemptions in-kind. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Market Price Variance Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Market
Price Variance Risk. When all or a portion of an Underlying Funds’ underlying securities
trade in a market that is closed when the market for the Underlying Funds’ shares is
open, there may be changes from the last quote of the closed market and the quote from the
Underlying Funds’ domestic trading day, which could lead to differences between the
market value of the Underlying Funds’ shares and the Underlying Funds’ net asset
value. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Index Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Index
Risk. The Invesco Underlying Funds and Other Underlying Funds in which the Fund invests
may track an underlying index. The performance of each Invesco Underlying Fund or Other Underlying
Fund and its underlying index may vary somewhat due to factors such as fees and expenses,
transaction costs, sample selection, regulatory restrictions, and timing differences associated
with additions to and deletions from the underlying index. Errors in the construction or
calculation of the index may occur from time to time and may not be identified and corrected
for some period of time, which may have an adverse impact on the respective Invesco Underlying
Fund or Other Underlying Fund. Any variance in performance between the respective Invesco
Underlying Funds and its underlying index may have adverse effect on the performance of the
Fund. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Passive Investment Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Passive
Investment Risk. The Invesco Underlying Funds and Other Underlying Funds in which the
Fund invests that are Index Funds are not actively managed, and Invesco generally does not
attempt to take defensive positions under any market conditions, including declining markets. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Large Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Equity Risk. The Fund’s investments in Invesco Underlying Funds or
Other Underlying Fund may expose the Fund to risks involved in investing in large capitalization
companies. Large-capitalization companies may be less able than smaller capitalization companies
to adapt to changing market conditions. Large-capitalization companies may be more mature
and subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Medium Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Equity Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Invesco(R) Equity Factor Rotation Strategy Fund | Small Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Equity Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Meeder Tactical Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The
Fund is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in Meeder Underlying Funds, Other Underlying Funds and the securities held by such Underlying
Funds.
| ● | Derivatives
Risk. A small investment in derivatives could have a potentially magnified impact on
the investment. The use of derivatives involves risks possibly greater than the risks associated
with investing directly in the underlying assets. Derivatives in which the fund may invest
can be highly volatile, illiquid and difficult to value. There is risk that changes in the
value of a derivative held by the fund will not correlate with the underlying assets or the
fund’s other investments in the manner intended. |
| ● | Emerging
Markets Risk. A Meeder Underlying Fund may invest in emerging market countries. Emerging
market countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a Meeder Underlying Fund
or Other Underlying Fund may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by Meeder Underlying Funds or Other Underlying Funds will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
Meeder Underlying Fund or Other Underlying Fund later than expected), and prepayment risk
(the debtor may pay its obligation early, reducing the amount of interest payments). Current
conditions have resulted in a rise in interest rates, which in turn may result in a decline
in the value of the fixed income investments held by a Meeder Underlying Fund or Other Underlying
Fund. As a result, for the present, interest rate risk may be heightened. |
| ● | Foreign
Risk. A Meeder Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social, and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce the Meeder Underlying Fund’s or Other Underlying Fund’s
ability to sell their bonds. The lack of a liquid market for these bonds could decrease a
Meeder Underlying Fund’s or Other Underlying Fund’s share price, potentially resulting
in losses for the Fund. |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in the Meeder Underlying Funds
or Other Underlying Funds may expose the Fund to risks involved in investing in large capitalization
companies. Large-capitalization companies may be less able than smaller capitalization companies
to adapt to changing market conditions. Large-capitalization companies may be more mature
and subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular Meeder Underlying Funds, Other
Underlying Funds, or securities in which such underlying funds invest, may prove to be incorrect
and there is no guarantee that the Adviser’s judgments will produce the desired results.
In addition, research regarding model portfolios comprised of Meeder Underlying Funds and
Other Underlying Funds, including research regarding asset allocation, may not prove accurate
with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Fund’s portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, climate
change or climate-related events, pandemics, epidemics, terrorism, tariffs and trade wars,
international conflicts, regulatory events and governmental or quasi-governmental actions.
The occurrence of global events similar to those in recent years such as a worldwide pandemic,
terrorist attacks, natural disasters, social and political discord or debt crises and downgrades,
among others, may result in market volatility and may have long term effects on both the
U.S. and global financial markets. It is difficult to predict when similar events affecting
the U.S. or global financial markets may occur, the effects that such events may have and
the duration of those effects. Any such event(s) could have a significant adverse impact
on the value and risk profile of the Fund. For example, the COVID-19 global pandemic had
negative impacts, and in many cases severe negative impacts, on markets worldwide. It is
not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Meeder Underlying Funds, higher portfolio
turnover within the by Meeder Underlying Funds will result in higher transactional and brokerage
costs for the by Meeder Underlying Funds. Similarly, a higher portfolio turnover rate for
the Fund itself will result in higher transactional and brokerage costs. Active trading may
also increase the Fund’s realized capital gains or losses, which may affect the taxes
you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. There is no certainty that RiskPro’s® estimate
of the Fund’s maximum annual range of total returns will be accurate. As a result, estimates
of volatility by RiskPro® may turn out to be inaccurate. In addition. as
a Fund investing in Meeder Underlying Funds and Other Underlying Funds, the actual volatility
of the Fund is driven by the portfolio holdings of the Meeder Underlying Funds and Other
Underlying Funds. Because the Adviser will not know the current portfolio holdings of the
Meeder Underlying Funds or Other Underlying Funds, it is possible that the actual volatility
of the Fund may be more or less than the Fund’s RiskPro® estimated volatility.
This could result in poor absolute or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Meeder Underlying Funds and Other Underlying Funds. Economic, legislative,
or regulatory developments may occur that significantly affect the sector. This may cause
the Fund’s net asset value to fluctuate more than that of a fund that does not focus
in a particular sector. |
| ● | Small
Capitalization Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. The Meeder Underlying Funds and Other Underlying Funds in which the Fund
invests are subject to investment advisory and other expenses, which will be indirectly paid
by the Fund. As a result, the cost of investing in the Fund will be higher than the cost
of investing directly in the Meeder Underlying Funds and Other Underlying Funds and may also
be higher than other mutual funds that invest directly in stocks and bonds. Each of the Meeder
Underlying Funds and Other Underlying Funds is subject to the principal investment risks
described in this section, as well as investment strategy-specific risks of each Meeder Underlying
Fund and Other Underlying Funds. Further, the Fund’s concentration in investing at least
80% of the Fund’s assets in Meeder Underlying Funds, under normal market circumstances,
increases the Fund’s investment risk. |
|
| PFG Meeder Tactical Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a Meeder Underlying Fund
or Other Underlying Fund may experience sudden, unpredictable drops in value or long periods
of decline in value. This may occur because of factors affecting securities markets generally,
the equity securities of a specific sector, or a specific company. There is no guarantee
that the equity securities held by Meeder Underlying Funds or Other Underlying Funds will
declare dividends in the future or that the dividends paid by such equity securities will
remain at current levels or increase over time. |
|
| PFG Meeder Tactical Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG Meeder Tactical Strategy Fund | Fixed Income Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by a
Meeder Underlying Fund or Other Underlying Fund later than expected), and prepayment risk
(the debtor may pay its obligation early, reducing the amount of interest payments). Current
conditions have resulted in a rise in interest rates, which in turn may result in a decline
in the value of the fixed income investments held by a Meeder Underlying Fund or Other Underlying
Fund. As a result, for the present, interest rate risk may be heightened. |
|
| PFG Meeder Tactical Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. A Meeder Underlying Fund or Other Underlying Fund may invest in foreign securities.
Investing in foreign securities involves risks of adverse fluctuations in foreign currency
values, adverse political, social, and economic developments, less liquidity, greater volatility,
less developed or less efficient trading markets, political instability and differing auditing
and legal standards. |
|
| PFG Meeder Tactical Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular Meeder Underlying Funds, Other
Underlying Funds, or securities in which such underlying funds invest, may prove to be incorrect
and there is no guarantee that the Adviser’s judgments will produce the desired results.
In addition, research regarding model portfolios comprised of Meeder Underlying Funds and
Other Underlying Funds, including research regarding asset allocation, may not prove accurate
with respect to economic and market forecasts. |
|
| PFG Meeder Tactical Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Fund’s portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, climate
change or climate-related events, pandemics, epidemics, terrorism, tariffs and trade wars,
international conflicts, regulatory events and governmental or quasi-governmental actions.
The occurrence of global events similar to those in recent years such as a worldwide pandemic,
terrorist attacks, natural disasters, social and political discord or debt crises and downgrades,
among others, may result in market volatility and may have long term effects on both the
U.S. and global financial markets. It is difficult to predict when similar events affecting
the U.S. or global financial markets may occur, the effects that such events may have and
the duration of those effects. Any such event(s) could have a significant adverse impact
on the value and risk profile of the Fund. For example, the COVID-19 global pandemic had
negative impacts, and in many cases severe negative impacts, on markets worldwide. It is
not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
|
| PFG Meeder Tactical Strategy Fund | Medium Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Stock Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Meeder Tactical Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Meeder Underlying Funds, higher portfolio
turnover within the by Meeder Underlying Funds will result in higher transactional and brokerage
costs for the by Meeder Underlying Funds. Similarly, a higher portfolio turnover rate for
the Fund itself will result in higher transactional and brokerage costs. Active trading may
also increase the Fund’s realized capital gains or losses, which may affect the taxes
you pay as a Fund shareholder, when Fund shares are held in a taxable account. |
|
| PFG Meeder Tactical Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. There is no certainty that RiskPro’s® estimate
of the Fund’s maximum annual range of total returns will be accurate. As a result, estimates
of volatility by RiskPro® may turn out to be inaccurate. In addition. as
a Fund investing in Meeder Underlying Funds and Other Underlying Funds, the actual volatility
of the Fund is driven by the portfolio holdings of the Meeder Underlying Funds and Other
Underlying Funds. Because the Adviser will not know the current portfolio holdings of the
Meeder Underlying Funds or Other Underlying Funds, it is possible that the actual volatility
of the Fund may be more or less than the Fund’s RiskPro® estimated volatility.
This could result in poor absolute or relative performance, including significant losses. |
|
| PFG Meeder Tactical Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Meeder Underlying Funds and Other Underlying Funds. Economic, legislative,
or regulatory developments may occur that significantly affect the sector. This may cause
the Fund’s net asset value to fluctuate more than that of a fund that does not focus
in a particular sector. |
|
| PFG Meeder Tactical Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. The Meeder Underlying Funds and Other Underlying Funds in which the Fund
invests are subject to investment advisory and other expenses, which will be indirectly paid
by the Fund. As a result, the cost of investing in the Fund will be higher than the cost
of investing directly in the Meeder Underlying Funds and Other Underlying Funds and may also
be higher than other mutual funds that invest directly in stocks and bonds. Each of the Meeder
Underlying Funds and Other Underlying Funds is subject to the principal investment risks
described in this section, as well as investment strategy-specific risks of each Meeder Underlying
Fund and Other Underlying Funds. Further, the Fund’s concentration in investing at least
80% of the Fund’s assets in Meeder Underlying Funds, under normal market circumstances,
increases the Fund’s investment risk. |
|
| PFG Meeder Tactical Strategy Fund | Emerging Markets Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets Risk. A Meeder Underlying Fund may invest in emerging market countries. Emerging
market countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
|
| PFG Meeder Tactical Strategy Fund | Large Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in the Meeder Underlying Funds
or Other Underlying Funds may expose the Fund to risks involved in investing in large capitalization
companies. Large-capitalization companies may be less able than smaller capitalization companies
to adapt to changing market conditions. Large-capitalization companies may be more mature
and subject to more limited growth potential compared with smaller capitalization companies.
During different market cycles, the performance of large capitalization companies has trailed
the overall performance of the broader securities markets. |
|
| PFG Meeder Tactical Strategy Fund | High Yield Bond Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce the Meeder Underlying Fund’s or Other Underlying Fund’s
ability to sell their bonds. The lack of a liquid market for these bonds could decrease a
Meeder Underlying Fund’s or Other Underlying Fund’s share price, potentially resulting
in losses for the Fund. |
|
| PFG Meeder Tactical Strategy Fund | Derivatives Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Derivatives
Risk. A small investment in derivatives could have a potentially magnified impact on
the investment. The use of derivatives involves risks possibly greater than the risks associated
with investing directly in the underlying assets. Derivatives in which the fund may invest
can be highly volatile, illiquid and difficult to value. There is risk that changes in the
value of a derivative held by the fund will not correlate with the underlying assets or the
fund’s other investments in the manner intended. |
|
| PFG Meeder Tactical Strategy Fund | Small Capitalization Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The
Fund is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in Janus Underlying Funds, Other Underlying Funds, and the securities held such Underlying
Funds.
| ● | Emerging
Markets Risk. The Underlying Fund may invest in emerging market countries. Emerging market
countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by an Underlying Fund may experience
sudden, unpredictable drops in value or long periods of decline in value. This may occur
because of factors affecting securities markets generally, the equity securities of a specific
sector, or a specific company. There is no guarantee that the equity securities held by Underlying
Funds will declare dividends in the future or that the dividends paid by such equity securities
will remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | ETF
Structure Risks. The Fund invests in ETFs and as a result is subject to the special risks,
including: |
| ○ | Not
Individually Redeemable. ETF shares (“Shares”) are not redeemable by retail
investors and may be redeemed only by the Authorized Participants at NAV and only in Creation
Units. An Authorized Participant may incur brokerage costs purchasing enough Shares to constitute
a Creation Unit. |
| ○ | Trading
Issues. Trading in ETF shares on the NYSE Arca (the “Exchange”) may be halted
due to market conditions or for reasons that, in the view of the Exchange, make trading in
Shares inadvisable, such as extraordinary market volatility. An active trading market for
the Shares may not be developed or maintained. |
| ○ | Market
Price Variance Risk. The market prices of Shares of ETFs will fluctuate in response to
changes in NAV and supply and demand for Shares and will include a “bid-ask spread”
charged by the exchange specialists, market makers or other participants that trade the particular
security. The market price of ETFs may deviate from the their NAV, particularly during times
of market stress, with the result that investors may pay significantly more or significantly
less for the Shares than the ETF’s NAV, which is reflected in the bid and ask price
for the Shares or in the closing price. |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by an
Underlying Fund later than expected), and prepayment risk (the debtor may pay its obligation
early, reducing the amount of interest payments). Current conditions have resulted in a rise
in interest rates, which in turn may result in a decline in the value of the fixed income
investments held by the Fund. As a result, for the present, interest rate risk may be heightened. |
| ● | Foreign
Risk. An Underlying Fund may invest in foreign securities. Investing in foreign
securities involves risks of adverse fluctuations in foreign currency values, adverse political,
social and economic developments, less liquidity, greater volatility, less developed or less
efficient trading markets, political instability and differing auditing and legal standards. |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce an Underlying Fund’s ability to sell its bonds. The
lack of a liquid market for these bonds could decrease an Underlying Fund’s share price,
potentially resulting in losses for the Fund. |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in the Janus Henderson Underlying
Funds or Other Underlying Funds may expose the Fund to risks involved in investing in large
capitalization companies. Large-capitalization companies may be less able than smaller capitalization
companies to adapt to changing market conditions. Large-capitalization companies may be more
mature and subject to more limited growth potential compared with smaller capitalization
companies. During different market cycles, the performance of large capitalization companies
has trailed the overall performance of the broader securities markets. |
| ● | Management
Risk. The portfolio manager’s judgments about the attractiveness, value and potential
appreciation of securities in which the Fund invests, including particular Underlying Funds,
Other Underlying Funds, or other securities in which such underlying funds invest, may prove
to be incorrect and there is no guarantee that the portfolio manager’s judgments will
produce the desired results. In addition, research regarding model portfolios comprised of
Underlying Funds, including research regarding asset allocation, may not prove accurate with
respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Fund’s portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, climate
change or climate-related events, pandemics, epidemics, terrorism, tariffs and trade wars,
international conflicts, regulatory events and governmental or quasi-governmental actions.
The occurrence of global events similar to those in recent years such as a worldwide pandemic,
terrorist attacks, natural disasters, social and political discord or debt crises and downgrades,
among others, may result in market volatility and may have long term effects on both the
U.S. and global financial markets. It is difficult to predict when similar events affecting
the U.S. or global financial markets may occur, the effects that such events may have and
the duration of those effects. Any such event(s) could have a significant adverse impact
on the value and risk profile of the Fund. For example, the COVID-19 global pandemic had
negative impacts, and in many cases severe negative impacts, on markets worldwide. It is
not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
| ● | Medium
Capitalization Equity Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Underlying Funds, higher portfolio
turnover within the Underlying Funds will result in higher transactional and brokerage costs
for the Underlying Funds. Similarly, a higher portfolio turnover rate for the Fund itself
will result in higher transactional and brokerage costs. Active trading may also increase
the Fund’s realized capital gains or losses, which may affect the taxes you pay as a
Fund shareholder, when Fund shares are heldin a taxable account. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Underlying Funds,
the actual volatility of the Fund is driven by the portfolio holdings of the Underlying Funds.
Because the Adviser will not know the current portfolio holdings of the Underlying Funds,
it is possible that the actual volatility of the Fund may be more or less than the Fund’s
RiskPro® estimated volatility. This could result in poor absolute or relative
performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Underlying Funds. Economic, legislative or regulatory developments
may occur that significantly affect the sector. This may cause the Fund’s net asset
value to fluctuate more than that of a fund that does not focus in a particular sector. |
| ● | Small
Capitalization Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. Underlying Funds in which the Fund invests are subject to investment advisory
and other expenses, which will be indirectly paid by the Fund. As a result, the cost of investing
in the Fund will be higher than the cost of investing directly in the Underlying Funds and
may also be higher than other mutual funds that invest directly in equity securities and
bonds. Each of the Underlying Funds is subject to its own investment strategy-specific risks.
Because the Fund may have substantial investment exposure to Underlying Funds which primarily
invest in high yield bonds, the Fund may experience more volatility than other funds with
less such exposure. Further, the Fund’s concentration in investing at least 80% of the
Fund’s assets in Janus Underlying Funds, under normal market circumstances, increases
the Fund’s investment risk. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by an Underlying Fund may experience
sudden, unpredictable drops in value or long periods of decline in value. This may occur
because of factors affecting securities markets generally, the equity securities of a specific
sector, or a specific company. There is no guarantee that the equity securities held by Underlying
Funds will declare dividends in the future or that the dividends paid by such equity securities
will remain at current levels or increase over time. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Fixed Income Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by an
Underlying Fund later than expected), and prepayment risk (the debtor may pay its obligation
early, reducing the amount of interest payments). Current conditions have resulted in a rise
in interest rates, which in turn may result in a decline in the value of the fixed income
investments held by the Fund. As a result, for the present, interest rate risk may be heightened. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. An Underlying Fund may invest in foreign securities. Investing in foreign
securities involves risks of adverse fluctuations in foreign currency values, adverse political,
social and economic developments, less liquidity, greater volatility, less developed or less
efficient trading markets, political instability and differing auditing and legal standards. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The portfolio manager’s judgments about the attractiveness, value and potential
appreciation of securities in which the Fund invests, including particular Underlying Funds,
Other Underlying Funds, or other securities in which such underlying funds invest, may prove
to be incorrect and there is no guarantee that the portfolio manager’s judgments will
produce the desired results. In addition, research regarding model portfolios comprised of
Underlying Funds, including research regarding asset allocation, may not prove accurate with
respect to economic and market forecasts. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Fund’s portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, climate
change or climate-related events, pandemics, epidemics, terrorism, tariffs and trade wars,
international conflicts, regulatory events and governmental or quasi-governmental actions.
The occurrence of global events similar to those in recent years such as a worldwide pandemic,
terrorist attacks, natural disasters, social and political discord or debt crises and downgrades,
among others, may result in market volatility and may have long term effects on both the
U.S. and global financial markets. It is difficult to predict when similar events affecting
the U.S. or global financial markets may occur, the effects that such events may have and
the duration of those effects. Any such event(s) could have a significant adverse impact
on the value and risk profile of the Fund. For example, the COVID-19 global pandemic had
negative impacts, and in many cases severe negative impacts, on markets worldwide. It is
not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in Underlying Funds, higher portfolio
turnover within the Underlying Funds will result in higher transactional and brokerage costs
for the Underlying Funds. Similarly, a higher portfolio turnover rate for the Fund itself
will result in higher transactional and brokerage costs. Active trading may also increase
the Fund’s realized capital gains or losses, which may affect the taxes you pay as a
Fund shareholder, when Fund shares are heldin a taxable account. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Underlying Funds,
the actual volatility of the Fund is driven by the portfolio holdings of the Underlying Funds.
Because the Adviser will not know the current portfolio holdings of the Underlying Funds,
it is possible that the actual volatility of the Fund may be more or less than the Fund’s
RiskPro® estimated volatility. This could result in poor absolute or relative
performance, including significant losses. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Underlying Funds. Economic, legislative or regulatory developments
may occur that significantly affect the sector. This may cause the Fund’s net asset
value to fluctuate more than that of a fund that does not focus in a particular sector. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. Underlying Funds in which the Fund invests are subject to investment advisory
and other expenses, which will be indirectly paid by the Fund. As a result, the cost of investing
in the Fund will be higher than the cost of investing directly in the Underlying Funds and
may also be higher than other mutual funds that invest directly in equity securities and
bonds. Each of the Underlying Funds is subject to its own investment strategy-specific risks.
Because the Fund may have substantial investment exposure to Underlying Funds which primarily
invest in high yield bonds, the Fund may experience more volatility than other funds with
less such exposure. Further, the Fund’s concentration in investing at least 80% of the
Fund’s assets in Janus Underlying Funds, under normal market circumstances, increases
the Fund’s investment risk. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Emerging Markets Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets Risk. The Underlying Fund may invest in emerging market countries. Emerging market
countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Large Capitalization Stock Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Stock Risk. The Fund’s investments in the Janus Henderson Underlying
Funds or Other Underlying Funds may expose the Fund to risks involved in investing in large
capitalization companies. Large-capitalization companies may be less able than smaller capitalization
companies to adapt to changing market conditions. Large-capitalization companies may be more
mature and subject to more limited growth potential compared with smaller capitalization
companies. During different market cycles, the performance of large capitalization companies
has trailed the overall performance of the broader securities markets. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Trading Issues [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Trading
Issues. Trading in ETF shares on the NYSE Arca (the “Exchange”) may be halted
due to market conditions or for reasons that, in the view of the Exchange, make trading in
Shares inadvisable, such as extraordinary market volatility. An active trading market for
the Shares may not be developed or maintained. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Market Price Variance Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Market
Price Variance Risk. The market prices of Shares of ETFs will fluctuate in response to
changes in NAV and supply and demand for Shares and will include a “bid-ask spread”
charged by the exchange specialists, market makers or other participants that trade the particular
security. The market price of ETFs may deviate from the their NAV, particularly during times
of market stress, with the result that investors may pay significantly more or significantly
less for the Shares than the ETF’s NAV, which is reflected in the bid and ask price
for the Shares or in the closing price. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | High Yield Bond Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce an Underlying Fund’s ability to sell its bonds. The
lack of a liquid market for these bonds could decrease an Underlying Fund’s share price,
potentially resulting in losses for the Fund. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Medium Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Equity Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Small Capitalization Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | ETF Structure Risks [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Structure Risks. The Fund invests in ETFs and as a result is subject to the special risks,
including: |
| ○ | Not
Individually Redeemable. ETF shares (“Shares”) are not redeemable by retail
investors and may be redeemed only by the Authorized Participants at NAV and only in Creation
Units. An Authorized Participant may incur brokerage costs purchasing enough Shares to constitute
a Creation Unit. |
| ○ | Trading
Issues. Trading in ETF shares on the NYSE Arca (the “Exchange”) may be halted
due to market conditions or for reasons that, in the view of the Exchange, make trading in
Shares inadvisable, such as extraordinary market volatility. An active trading market for
the Shares may not be developed or maintained. |
| ○ | Market
Price Variance Risk. The market prices of Shares of ETFs will fluctuate in response to
changes in NAV and supply and demand for Shares and will include a “bid-ask spread”
charged by the exchange specialists, market makers or other participants that trade the particular
security. The market price of ETFs may deviate from the their NAV, particularly during times
of market stress, with the result that investors may pay significantly more or significantly
less for the Shares than the ETF’s NAV, which is reflected in the bid and ask price
for the Shares or in the closing price. |
|
| PFG Janus Henderson® Tactical Income Strategy Fund | Not Individually Redeemable [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Not
Individually Redeemable. ETF shares (“Shares”) are not redeemable by retail
investors and may be redeemed only by the Authorized Participants at NAV and only in Creation
Units. An Authorized Participant may incur brokerage costs purchasing enough Shares to constitute
a Creation Unit. |
|
| PFG PIMCO Active Core Bond Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The
Fund is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in PIMCO Underlying Funds, Other Underlying Funds and the securities held by such Underlying
Funds.
| ● | Derivatives
Risk. A small investment in derivatives could have a potentially magnified impact on
the investment. The use of derivatives involves risks possibly greater than the risks
associated with investing directly in the underlying assets. Derivatives in which the fund
may invest can be highly volatile, illiquid and difficult to value. There is risk that changes
in the value of a derivative held by the fund will not correlate with the underlying assets
or the fund’s other investments in the manner intended. |
| ● | Emerging
Markets. A PIMCO Underlying Fund or Other Underlying Fund may invest in emerging market
countries. Emerging market countries may have relatively unstable governments, weaker economies,
and less-developed legal systems with fewer security holder rights. Emerging market economies
may be based on only a few industries and security issuers may be more susceptible to economic
weakness and more likely to default. Emerging market securities also tend to be less liquid. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by the
Fund or by a PIMCO Underlying Fund or Other Underlying Fund later than expected), and prepayment
risk (the debtor may pay its obligation early, reducing the amount of interest payments).
Current conditions have resulted in a rise in interest rates, which in turn may result in
a decline in the value of the fixed income investments held by the Fund or a PIMCO Underlying
Fund. As a result, for the present, interest rate risk may be heightened. |
| ● | Foreign
Risk. Investing in foreign securities involves risks of adverse fluctuations in foreign
currency values, adverse political, social and economic developments, less liquidity, greater
volatility, less developed or less efficient trading markets, political instability and differing
auditing and legal standards. |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce the PIMCO Underlying Funds’ ability to sell their
bonds. The lack of a liquid market for these bonds could decrease a PIMCO Underlying Fund’s
share price. |
| ● | Leverage
Risk. The use of leverage typically used in futures contracts or forward currency contracts,
may magnify the fund’s gains or losses. Derivatives have a leverage component, adverse
changes in the value or level of the underlying asset or reference rate can result in a loss
substantially greater than the amount invested in the derivative itself. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular PIMCO Underlying Funds, Other
Underlying Funds, or securities in which such underlying funds invest, may prove to be incorrect
and there is no guarantee that the Adviser’s judgments will produce the desired results.
In addition, research regarding model portfolios comprised of PIMCO Underlying Funds and
Other Underlying Funds, including research regarding asset allocation, may not prove accurate
with respect to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Fund’s portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, climate
change or climate-related events, pandemics, epidemics, tariffs and trade wars, international
conflicts, terrorism, regulatory events and governmental or quasi-governmental actions. The
occurrence of global events similar to those in recent years such as a worldwide pandemic,
terrorist attacks, natural disasters, social and political discord or debt crises and downgrades,
among others, may result in market volatility and may have long term effects on both the
U.S. and global financial markets. It is difficult to predict when similar events affecting
the U.S. or global financial markets may occur, the effects that such events may have and
the duration of those effects. Any such event(s) could have a significant adverse impact
on the value and risk profile of the Fund. For example, the COVID-19 global pandemic had
negative impacts, and in many cases severe negative impacts, on markets worldwide. It is
not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
| ● | Mortgage
and Asset-Backed Security Risk. When the Fund invests in asset-backed securities and
mortgage-backed securities, the Fund is subject to the risk that, if the underlying borrowers
fail to pay interest or repay principal, the assets backing these securities may not be sufficient
to support payments on the securities. |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in PIMCO Underlying Funds, higher portfolio
turnover within the PIMCO Underlying Funds and Other Underlining Funds will result in higher
transactional and brokerage costs for the PIMCO Underlying Funds and Other Underlying Funds.
Similarly, a higher portfolio turnover rate for the Fund itself will result in higher transactional
and brokerage costs. Active trading may also increase the Fund’s realized capital gains
or losses, which may affect the taxes you pay as a Fund shareholder, when Fund shares are
held in a taxable account. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in PIMCO Underlying
Funds and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the PIMCO Underlying Funds and Other Underlying Funds. Because the Adviser will
not know the current portfolio holdings of the PIMCO Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
| ● | Sector
Risk. The Fund may focus its investments in securities of a particular sector. Economic,
legislative or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
| ● | Underlying
Funds Risk. The PIMCO Underlying Funds or Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the PIMCO Underlying Funds and may also be higher than other mutual funds that
invest directly in stocks and bonds. Each of the PIMCO Underlying Funds is subject to the
principal investment risks described in this section, as well as investment strategy-specific
risks of each PIMCO Underlying Fund or Other Underlying Funds. Further, the Fund’s concentration
in investing at least 80% of the Fund’s assets in PIMCO Underlying Funds, under normal
market circumstances, increases the Fund’s investment risk. |
|
| PFG PIMCO Active Core Bond Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG PIMCO Active Core Bond Strategy Fund | Fixed Income Securities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Fixed
Income Securities Risk. Typically, a rise in interest rates causes a decline in the value
of fixed income securities. In general, the market price of fixed income securities with
longer maturities will decrease more in response to rising interest rates than shorter-term
securities. Other risk factors include credit risk (the debtor may default), extension risk
(an issuer may exercise its right to repay principal on a fixed rate obligation held by the
Fund or by a PIMCO Underlying Fund or Other Underlying Fund later than expected), and prepayment
risk (the debtor may pay its obligation early, reducing the amount of interest payments).
Current conditions have resulted in a rise in interest rates, which in turn may result in
a decline in the value of the fixed income investments held by the Fund or a PIMCO Underlying
Fund. As a result, for the present, interest rate risk may be heightened. |
|
| PFG PIMCO Active Core Bond Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. Investing in foreign securities involves risks of adverse fluctuations in foreign
currency values, adverse political, social and economic developments, less liquidity, greater
volatility, less developed or less efficient trading markets, political instability and differing
auditing and legal standards. |
|
| PFG PIMCO Active Core Bond Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular PIMCO Underlying Funds, Other
Underlying Funds, or securities in which such underlying funds invest, may prove to be incorrect
and there is no guarantee that the Adviser’s judgments will produce the desired results.
In addition, research regarding model portfolios comprised of PIMCO Underlying Funds and
Other Underlying Funds, including research regarding asset allocation, may not prove accurate
with respect to economic and market forecasts. |
|
| PFG PIMCO Active Core Bond Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Fund’s portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, climate
change or climate-related events, pandemics, epidemics, tariffs and trade wars, international
conflicts, terrorism, regulatory events and governmental or quasi-governmental actions. The
occurrence of global events similar to those in recent years such as a worldwide pandemic,
terrorist attacks, natural disasters, social and political discord or debt crises and downgrades,
among others, may result in market volatility and may have long term effects on both the
U.S. and global financial markets. It is difficult to predict when similar events affecting
the U.S. or global financial markets may occur, the effects that such events may have and
the duration of those effects. Any such event(s) could have a significant adverse impact
on the value and risk profile of the Fund. For example, the COVID-19 global pandemic had
negative impacts, and in many cases severe negative impacts, on markets worldwide. It is
not known how long the impacts of the significant events described above would last, but
there could be a prolonged period of global economic slowdown, which may impact your Fund
investment. Therefore, the Fund could lose money over short periods due to short-term market
movements and over longer periods during more prolonged market downturns. During a general
market downturn, multiple asset classes may be negatively affected. Changes in market conditions
and interest rates can have the same impact on all types of securities and instruments. In
times of severe market disruptions, you could lose your entire investment. |
|
| PFG PIMCO Active Core Bond Strategy Fund | Mortgage and Asset-Backed Security Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Mortgage
and Asset-Backed Security Risk. When the Fund invests in asset-backed securities and
mortgage-backed securities, the Fund is subject to the risk that, if the underlying borrowers
fail to pay interest or repay principal, the assets backing these securities may not be sufficient
to support payments on the securities. |
|
| PFG PIMCO Active Core Bond Strategy Fund | Portfolio Turnover Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Portfolio
Turnover Risk. As a Fund principally investing in PIMCO Underlying Funds, higher portfolio
turnover within the PIMCO Underlying Funds and Other Underlining Funds will result in higher
transactional and brokerage costs for the PIMCO Underlying Funds and Other Underlying Funds.
Similarly, a higher portfolio turnover rate for the Fund itself will result in higher transactional
and brokerage costs. Active trading may also increase the Fund’s realized capital gains
or losses, which may affect the taxes you pay as a Fund shareholder, when Fund shares are
held in a taxable account. |
|
| PFG PIMCO Active Core Bond Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s volatility over a forward-looking rolling twelve-month period, the projections
or other information generated by RiskPro® regarding the likelihood of various
outcomes are hypothetical in nature, do not reflect actual investment results and are not
a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in PIMCO Underlying
Funds and Other Underlying Funds, the actual volatility of the Fund is driven by the portfolio
holdings of the PIMCO Underlying Funds and Other Underlying Funds. Because the Adviser will
not know the current portfolio holdings of the PIMCO Underlying Funds or Other Underlying
Funds, it is possible that the actual volatility of the Fund may be more or less than the
Fund’s RiskPro® estimated volatility. This could result in poor absolute
or relative performance, including significant losses. |
|
| PFG PIMCO Active Core Bond Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund may focus its investments in securities of a particular sector. Economic,
legislative or regulatory developments may occur that significantly affect the sector. This
may cause the Fund’s net asset value to fluctuate more than that of a fund that does
not focus in a particular sector. |
|
| PFG PIMCO Active Core Bond Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. The PIMCO Underlying Funds or Other Underlying Funds in which the Fund invests
are subject to investment advisory and other expenses, which will be indirectly paid by the
Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing
directly in the PIMCO Underlying Funds and may also be higher than other mutual funds that
invest directly in stocks and bonds. Each of the PIMCO Underlying Funds is subject to the
principal investment risks described in this section, as well as investment strategy-specific
risks of each PIMCO Underlying Fund or Other Underlying Funds. Further, the Fund’s concentration
in investing at least 80% of the Fund’s assets in PIMCO Underlying Funds, under normal
market circumstances, increases the Fund’s investment risk. |
|
| PFG PIMCO Active Core Bond Strategy Fund | High Yield Bond Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | High
Yield Bond Risk. Lower-quality bonds, known as “high yield” or “junk”
bonds, present greater risk than bonds of higher quality, including an increased risk of
default. An economic downturn or period of rising interest rates could adversely affect the
market for these bonds and reduce the PIMCO Underlying Funds’ ability to sell their
bonds. The lack of a liquid market for these bonds could decrease a PIMCO Underlying Fund’s
share price. |
|
| PFG PIMCO Active Core Bond Strategy Fund | Derivatives Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Derivatives
Risk. A small investment in derivatives could have a potentially magnified impact on
the investment. The use of derivatives involves risks possibly greater than the risks
associated with investing directly in the underlying assets. Derivatives in which the fund
may invest can be highly volatile, illiquid and difficult to value. There is risk that changes
in the value of a derivative held by the fund will not correlate with the underlying assets
or the fund’s other investments in the manner intended. |
|
| PFG PIMCO Active Core Bond Strategy Fund | Emerging Markets [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets. A PIMCO Underlying Fund or Other Underlying Fund may invest in emerging market
countries. Emerging market countries may have relatively unstable governments, weaker economies,
and less-developed legal systems with fewer security holder rights. Emerging market economies
may be based on only a few industries and security issuers may be more susceptible to economic
weakness and more likely to default. Emerging market securities also tend to be less liquid. |
|
| PFG PIMCO Active Core Bond Strategy Fund | Leverage Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Leverage
Risk. The use of leverage typically used in futures contracts or forward currency contracts,
may magnify the fund’s gains or losses. Derivatives have a leverage component, adverse
changes in the value or level of the underlying asset or reference rate can result in a loss
substantially greater than the amount invested in the derivative itself. |
|
| PFG Global Equity Index Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The
Fund is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in Underlying Funds and the securities held by Underlying Funds.
| ● | Aggressive
Stratregy Risk. The Fund utilizes an aggressive strategy in pursuing its investment objective.
Accordingly, the Fund’s returns may be more volatile than a fund that pursues a more
conservative strategy. |
| ● | Commodities
Risk. Investing in the commodities markets may subject the Fund to greater volatility
than investments in traditional securities. Commodity prices may be influenced by various
external factors such as unfavorable weather, animal and plant disease, geologic and environmental
factors as well as changes in government regulation such as tariffs, embargoes or burdensome
production rules and restrictions. |
| ● | Emerging
Markets Risk. An Underlying Fund may invest in emerging market countries. Emerging market
countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a Underlying Fund may experience
sudden, unpredictable drops in value or long periods of decline in value. This may occur
because of factors affecting securities markets generally, the equity securities of a specific
sector, or a specific company. There is no guarantee that the equity securities held by Underlying
Funds will declare dividends in the future or that the dividends paid by such equity securities
will remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | ETF
Structure Risk. The Fund invests at least 80% of its assets in Underlying Funds that
are ETFs and, as a result, is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Underlying Funds’ shares
may not be developed or maintained. If the Underlying Funds’ shares are traded outside
a collateralized settlement system, the number of financial institutions that can act as
authorized participants that can post collateral on an agency basis is limited, which may
limit the market for the Underlying Funds’ shares. To the extent that those authorized
participants exit the business or are unable to process creation or redemption orders and
no other authorized participants are able to step forward to do so, there may be a significantly
diminished trading market for the Underlying Funds’ shares. This could lead to differences
between market price and underlying value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Underlying Funds’ shares may
become less liquid in response to deteriorating liquidity in the market for the Fund’s
underlying holdings. This adverse effect on the liquidity of the Underlying Funds’ shares
may, in turn, lead to differences between the market value of the Underlying Funds’
shares and the Underlying Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities, may cause the Underlying
Funds to incur additional costs including brokerage costs and taxable capital gains or losses
that the Underlying Funds may not have incurred if the Underlying ETF had made redemptions
in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of a Underlying Funds’ underlying securities
trade in a market that is closed when the market for the Underlying Funds’ shares is
open, there may be changes from the last quote of the closed market and the quote from the
Underlying Funds’ domestic trading day, which could lead to differences between the
market value of the Underlying Funds’ shares and the Underlying Funds’ net asset
value. |
| ● | Foreign
Risk. An Underlying Fund may invest in foreign securities. Investing in foreign securities
involves risks of adverse fluctuations in foreign currency values, adverse political, social
and economic developments, less liquidity, greater volatility, less developed or less efficient
trading markets, political instability and differing auditing and legal standards. |
| ● | Index
Risk. The Underlying Funds in which the Fund invests may track an underlying index. The
performance of each Underlying Fund and its underlying index may vary somewhat due to factors
such as fees and expenses, transaction costs, sample selection, regulatory restrictions,
and timing differences associated with additions to and deletions from the underlying index.
Errors in the construction or calculation of the index may occur from time to time and may
not be identified and corrected for some period of time, which may have an adverse impact
on the respective Underlying Fund. Any variance in performance between the respective Underlying
Fund and its underlying index may have adverse effect on the performance of the Fund. |
| ● | Large
Capitalization Equity Risk. The Fund’s investments in the Underlying Funds may expose
the Fund to risks involved in investing in large capitalization companies. Large-capitalization
companies may be less able than smaller capitalization companies to adapt to changing market
conditions. Large-capitalization companies may be more mature and subject to more limited
growth potential compared with smaller capitalization companies. During different market
cycles, the performance of large capitalization companies has trailed the overall performance
of the broader securities markets. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular Underlying Funds or other securities
in which such underlying funds invest, may prove to be incorrect and there is no guarantee
that the Adviser’s judgments will produce the desired results. In addition, research
regarding model portfolios comprised of Underlying Funds may not prove accurate with respect
to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a Underlying Fund’s portfolio may underperform due to inflation (or expectations
for inflation), interest rates, global demand for particular products or resources, natural
disasters, pandemics, epidemics, terrorism, tariffs and trade wars, international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
| ● | Medium
Capitalization Equity Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Passive
Investment Risk. The Underlying Funds in which the Fund invests that are Index Funds
are not actively managed, and generally does not attempt to take defensive positions under
any market conditions, including declining markets. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s maximum volatility over a forward-looking rolling twelve-month period, the
projections or other information generated by RiskPro® regarding the likelihood
of various outcomes are hypothetical in nature, do not reflect actual investment results
and are not a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Underlying Funds,
the actual volatility of the Fund is driven by the portfolio holdings of the Underlying Funds.
Because the Adviser will not know the current portfolio holdings of the Underlying Funds,
it is possible that the actual volatility of the Fund may be more or less than the Fund’s
RiskPro® estimated volatility. This could result in poor absolute or relative
performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Underlying Funds. Economic, legislative or regulatory developments
may occur that significantly affect the sector. This may cause the Fund’s net asset
value to fluctuate more than that of a fund that does not focus in a particular sector. |
| ● | Small
Capitalization Equity Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. Underlying Funds in which the Fund invests are subject to investment advisory
and other expenses, which will be indirectly paid by the Fund. As a result, the cost of investing
in the Fund will be higher than the cost of investing directly in the Underlying Funds and
may also be higher than other mutual funds that invest directly in stocks and bonds. Each
of the Underlying Funds is subject to its own investment strategy-specific risks. Further,
if the Fund invests at least 80% of the Fund’s assets in Underlying Funds managed by
a single institutional strategist, that would increases the Fund’s investment risk. |
|
| PFG Global Equity Index Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a Underlying Fund may experience
sudden, unpredictable drops in value or long periods of decline in value. This may occur
because of factors affecting securities markets generally, the equity securities of a specific
sector, or a specific company. There is no guarantee that the equity securities held by Underlying
Funds will declare dividends in the future or that the dividends paid by such equity securities
will remain at current levels or increase over time. |
|
| PFG Global Equity Index Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG Global Equity Index Strategy Fund | Foreign Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Foreign
Risk. An Underlying Fund may invest in foreign securities. Investing in foreign securities
involves risks of adverse fluctuations in foreign currency values, adverse political, social
and economic developments, less liquidity, greater volatility, less developed or less efficient
trading markets, political instability and differing auditing and legal standards. |
|
| PFG Global Equity Index Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular Underlying Funds or other securities
in which such underlying funds invest, may prove to be incorrect and there is no guarantee
that the Adviser’s judgments will produce the desired results. In addition, research
regarding model portfolios comprised of Underlying Funds may not prove accurate with respect
to economic and market forecasts. |
|
| PFG Global Equity Index Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a Underlying Fund’s portfolio may underperform due to inflation (or expectations
for inflation), interest rates, global demand for particular products or resources, natural
disasters, pandemics, epidemics, terrorism, tariffs and trade wars, international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
|
| PFG Global Equity Index Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s maximum volatility over a forward-looking rolling twelve-month period, the
projections or other information generated by RiskPro® regarding the likelihood
of various outcomes are hypothetical in nature, do not reflect actual investment results
and are not a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Underlying Funds,
the actual volatility of the Fund is driven by the portfolio holdings of the Underlying Funds.
Because the Adviser will not know the current portfolio holdings of the Underlying Funds,
it is possible that the actual volatility of the Fund may be more or less than the Fund’s
RiskPro® estimated volatility. This could result in poor absolute or relative
performance, including significant losses. |
|
| PFG Global Equity Index Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Underlying Funds. Economic, legislative or regulatory developments
may occur that significantly affect the sector. This may cause the Fund’s net asset
value to fluctuate more than that of a fund that does not focus in a particular sector. |
|
| PFG Global Equity Index Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. Underlying Funds in which the Fund invests are subject to investment advisory
and other expenses, which will be indirectly paid by the Fund. As a result, the cost of investing
in the Fund will be higher than the cost of investing directly in the Underlying Funds and
may also be higher than other mutual funds that invest directly in stocks and bonds. Each
of the Underlying Funds is subject to its own investment strategy-specific risks. Further,
if the Fund invests at least 80% of the Fund’s assets in Underlying Funds managed by
a single institutional strategist, that would increases the Fund’s investment risk. |
|
| PFG Global Equity Index Strategy Fund | Emerging Markets Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Emerging
Markets Risk. An Underlying Fund may invest in emerging market countries. Emerging market
countries may have relatively unstable governments, weaker economies, and less-developed
legal systems with fewer security holder rights. Emerging market economies may be based on
only a few industries and security issuers may be more susceptible to economic weakness and
more likely to default. Emerging market securities also tend to be less liquid. |
|
| PFG Global Equity Index Strategy Fund | ETF Structure Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Structure Risk. The Fund invests at least 80% of its assets in Underlying Funds that
are ETFs and, as a result, is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Underlying Funds’ shares
may not be developed or maintained. If the Underlying Funds’ shares are traded outside
a collateralized settlement system, the number of financial institutions that can act as
authorized participants that can post collateral on an agency basis is limited, which may
limit the market for the Underlying Funds’ shares. To the extent that those authorized
participants exit the business or are unable to process creation or redemption orders and
no other authorized participants are able to step forward to do so, there may be a significantly
diminished trading market for the Underlying Funds’ shares. This could lead to differences
between market price and underlying value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Underlying Funds’ shares may
become less liquid in response to deteriorating liquidity in the market for the Fund’s
underlying holdings. This adverse effect on the liquidity of the Underlying Funds’ shares
may, in turn, lead to differences between the market value of the Underlying Funds’
shares and the Underlying Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities, may cause the Underlying
Funds to incur additional costs including brokerage costs and taxable capital gains or losses
that the Underlying Funds may not have incurred if the Underlying ETF had made redemptions
in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of a Underlying Funds’ underlying securities
trade in a market that is closed when the market for the Underlying Funds’ shares is
open, there may be changes from the last quote of the closed market and the quote from the
Underlying Funds’ domestic trading day, which could lead to differences between the
market value of the Underlying Funds’ shares and the Underlying Funds’ net asset
value. |
|
| PFG Global Equity Index Strategy Fund | Trading Issues [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Underlying Funds’ shares
may not be developed or maintained. If the Underlying Funds’ shares are traded outside
a collateralized settlement system, the number of financial institutions that can act as
authorized participants that can post collateral on an agency basis is limited, which may
limit the market for the Underlying Funds’ shares. To the extent that those authorized
participants exit the business or are unable to process creation or redemption orders and
no other authorized participants are able to step forward to do so, there may be a significantly
diminished trading market for the Underlying Funds’ shares. This could lead to differences
between market price and underlying value of shares. |
|
| PFG Global Equity Index Strategy Fund | Liquidity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Underlying Funds’ shares may
become less liquid in response to deteriorating liquidity in the market for the Fund’s
underlying holdings. This adverse effect on the liquidity of the Underlying Funds’ shares
may, in turn, lead to differences between the market value of the Underlying Funds’
shares and the Underlying Funds’ net asset value. |
|
| PFG Global Equity Index Strategy Fund | Cash Transaction Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities, may cause the Underlying
Funds to incur additional costs including brokerage costs and taxable capital gains or losses
that the Underlying Funds may not have incurred if the Underlying ETF had made redemptions
in-kind. |
|
| PFG Global Equity Index Strategy Fund | Market Price Variance Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Market
Price Variance Risk. When all or a portion of a Underlying Funds’ underlying securities
trade in a market that is closed when the market for the Underlying Funds’ shares is
open, there may be changes from the last quote of the closed market and the quote from the
Underlying Funds’ domestic trading day, which could lead to differences between the
market value of the Underlying Funds’ shares and the Underlying Funds’ net asset
value. |
|
| PFG Global Equity Index Strategy Fund | Index Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Index
Risk. The Underlying Funds in which the Fund invests may track an underlying index. The
performance of each Underlying Fund and its underlying index may vary somewhat due to factors
such as fees and expenses, transaction costs, sample selection, regulatory restrictions,
and timing differences associated with additions to and deletions from the underlying index.
Errors in the construction or calculation of the index may occur from time to time and may
not be identified and corrected for some period of time, which may have an adverse impact
on the respective Underlying Fund. Any variance in performance between the respective Underlying
Fund and its underlying index may have adverse effect on the performance of the Fund. |
|
| PFG Global Equity Index Strategy Fund | Passive Investment Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Passive
Investment Risk. The Underlying Funds in which the Fund invests that are Index Funds
are not actively managed, and generally does not attempt to take defensive positions under
any market conditions, including declining markets. |
|
| PFG Global Equity Index Strategy Fund | Large Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Equity Risk. The Fund’s investments in the Underlying Funds may expose
the Fund to risks involved in investing in large capitalization companies. Large-capitalization
companies may be less able than smaller capitalization companies to adapt to changing market
conditions. Large-capitalization companies may be more mature and subject to more limited
growth potential compared with smaller capitalization companies. During different market
cycles, the performance of large capitalization companies has trailed the overall performance
of the broader securities markets. |
|
| PFG Global Equity Index Strategy Fund | Medium Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Equity Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Global Equity Index Strategy Fund | Small Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Equity Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG Global Equity Index Strategy Fund | Aggressive Stratregy Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Aggressive
Stratregy Risk. The Fund utilizes an aggressive strategy in pursuing its investment objective.
Accordingly, the Fund’s returns may be more volatile than a fund that pursues a more
conservative strategy. |
|
| PFG Global Equity Index Strategy Fund | Commodities Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Commodities
Risk. Investing in the commodities markets may subject the Fund to greater volatility
than investments in traditional securities. Commodity prices may be influenced by various
external factors such as unfavorable weather, animal and plant disease, geologic and environmental
factors as well as changes in government regulation such as tariffs, embargoes or burdensome
production rules and restrictions. |
|
| PFG US Equity Index Strategy Fund |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. The
Fund is not intended to be a complete investment program. Many factors affect the Fund’s net asset value and performance. The following
risks apply to the Fund through its investments in Underlying Funds and the securities held by Underlying Funds.
| ● | Aggressive
Strategy Risk. The Fund utilizes an aggressive strategy in pursuing its investment objective.
Accordingly, the Fund’s returns may be more volatile than a fund that pursues a more
conservative strategy. |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a Underlying Fund may experience
sudden, unpredictable drops in value or long periods of decline in value. This may occur
because of factors affecting securities markets generally, the equity securities of a specific
sector, or a specific company. There is no guarantee that the equity securities held by Underlying
Funds will declare dividends in the future or that the dividends paid by such equity securities
will remain at current levels or increase over time. |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
| ● | ETF
Structure Risk. The Fund may invest a substantial portion of of its assets in Underlying
Funds that are ETFs and, as a result. is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Underlying Funds’ shares
may not be developed or maintained. If the Underlying Funds’ shares are traded outside
a collateralized settlement system, the number of financial institutions that can act as
authorized participants that can post collateral on an agency basis is limited, which may
limit the market for the Underlying Funds’ shares. To the extent that those authorized
participants exit the business or are unable to process creation or redemption orders and
no other authorized participants are able to step forward to do so, there may be a significantly
diminished trading market for the Underlying Funds’ shares. This could lead to differences
between market price and underlying value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Underlying Funds’ shares may
become less liquid in response to deteriorating liquidity in the market for the Fund’s
underlying holdings. This adverse effect on the liquidity of the Underlying Funds’ shares
may, in turn, lead to differences between the market value of the Underlying Funds’
shares and the Underlying Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities, may cause the Underlying
Funds to incur additional costs including brokerage costs and taxable capital gains or losses
that the Underlying Funds may not have incurred if the Underlying ETF had made redemptions
in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of a Underlying Funds’ underlying securities
trade in a market that is closed when the market for the Underlying Funds’ shares is
open, there may be changes from the last quote of the closed market and the quote from the
Underlying Funds’ domestic trading day, which could lead to differences between the
market value of the Underlying Funds’ shares and the Underlying Funds’ net asset
value. |
| ● | Index
Risk. The Underlying Funds in which the Fund invests may track an underlying index. The
performance of each Underlying Fund and its underlying index may vary somewhat due to factors
such as fees and expenses, transaction costs, sample selection, regulatory restrictions,
and timing differences associated with additions to and deletions from the underlying index.
Errors in the construction or calculation of the index may occur from time to time and may
not be identified and corrected for some period of time, which may have an adverse impact
on the respective Underlying Fund. Any variance in performance between the respective Underlying
Fund and its underlying index may have adverse effect on the performance of the Fund. |
| ● | Large
Capitalization Equity Risk. The Fund’s investments in the Underlying Funds may expose
the Fund to risks involved in investing in large capitalization companies. Large-capitalization
companies may be less able than smaller capitalization companies to adapt to changing market
conditions. Large-capitalization companies may be more mature and subject to more limited
growth potential compared with smaller capitalization companies. During different market
cycles, the performance of large capitalization companies has trailed the overall performance
of the broader securities markets. |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular Underlying Funds or other securities
in which such underlying funds invest, may prove to be incorrect and there is no guarantee
that the Adviser’s judgments will produce the desired results. In addition, research
regarding model portfolios comprised of Underlying Funds may not prove accurate with respect
to economic and market forecasts. |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a Underlying Fund’s portfolio may underperform due to inflation (or expectations
for inflation), interest rates, global demand for particular products or resources, natural
disasters, pandemics, epidemics, terrorism, tariffs and trade wars, international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
| ● | Medium
Capitalization Equity Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Passive
Investment Risk. The Underlying Funds in which the Fund invests that are Index Funds
are not actively managed, and generally does not attempt to take defensive positions under
any market conditions, including declining markets. |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s maximum volatility over a forward-looking rolling twelve-month period, the
projections or other information generated by RiskPro® regarding the likelihood
of various outcomes are hypothetical in nature, do not reflect actual investment results
and are not a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Underlying Funds, the
actual volatility of the Fund is driven by the portfolio holdings of the Underlying Funds.
Because the Adviser will not know the current portfolio holdings of the Underlying Funds,
it is possible that the actual volatility of the Fund may be more or less than the Fund’s
RiskPro® estimated volatility. This could result in poor absolute or relative
performance, including significant losses. |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Underlying Funds. Economic, legislative or regulatory developments
may occur that significantly affect the sector. This may cause the Fund’s net asset
value to fluctuate more than that of a fund that does not focus in a particular sector. |
| ● | Small
Capitalization Equity Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
| ● | Underlying
Funds Risk. Underlying Funds in which the Fund invests are subject to investment advisory
and other expenses, which will be indirectly paid by the Fund. As a result, the cost of investing
in the Fund will be higher than the cost of investing directly in the Underlying Funds and
may also be higher than other mutual funds that invest directly in stocks and bonds. Each
of the Underlying Funds is subject to its own investment strategy-specific risks. Further,
if the Fund invests at least 80% of the Fund’s assets in Underlying Funds managed by
a single institutional strategist, that would increase the Fund’s investment risk. |
|
| PFG US Equity Index Strategy Fund | Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Equity
Risk. Equity securities are susceptible to general stock market fluctuations and to volatile
increases and decreases in value. The equity securities held by a Underlying Fund may experience
sudden, unpredictable drops in value or long periods of decline in value. This may occur
because of factors affecting securities markets generally, the equity securities of a specific
sector, or a specific company. There is no guarantee that the equity securities held by Underlying
Funds will declare dividends in the future or that the dividends paid by such equity securities
will remain at current levels or increase over time. |
|
| PFG US Equity Index Strategy Fund | ETF Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Risk. Investment in the Fund should be made with the understanding that the passive ETFs
in which the Fund invests will not be able to replicate exactly the performance of the indices
they track because the total return generated by the securities will be reduced by transaction
costs incurred in adjusting the actual balance of the securities. In addition, the passive
ETFs in which the Fund invests will incur expenses not incurred by their applicable indices.
Certain securities comprising the indices tracked by the passive ETFs may, from time to time,
temporarily be unavailable, which may further impede the passive ETFs’ ability to track
their applicable indices. In addition, the market value of ETF shares may differ from their
net asset value. This difference in price may reflect that the supply and demand in the market
for shares of the ETF at any point in time is not always identical to the supply and demand
in the market for the underlying basket of securities. Accordingly, there may be times when
ETF shares trade at a premium or discount to net asset value. |
|
| PFG US Equity Index Strategy Fund | Management Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Management
Risk. The Adviser’s judgments about the attractiveness, value and potential appreciation
of securities in which the Fund invests, including particular Underlying Funds or other securities
in which such underlying funds invest, may prove to be incorrect and there is no guarantee
that the Adviser’s judgments will produce the desired results. In addition, research
regarding model portfolios comprised of Underlying Funds may not prove accurate with respect
to economic and market forecasts. |
|
| PFG US Equity Index Strategy Fund | Market and Geopolitical Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in a Underlying Fund’s portfolio may underperform due to inflation (or expectations
for inflation), interest rates, global demand for particular products or resources, natural
disasters, pandemics, epidemics, terrorism, tariffs and trade wars, international conflicts,
regulatory events and governmental or quasi-governmental actions. The occurrence of global
events similar to those in recent years such as a worldwide pandemic, terrorist attacks,
natural disasters, social and political discord or debt crises and downgrades, among others,
may result in market volatility and may have long term effects on both the U.S. and global
financial markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of those
effects. Any such event(s) could have a significant adverse impact on the value and risk
profile of the Fund. For example, the COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long the
impacts of the significant events described above would last, but there could be a prolonged
period of global economic slowdown, which may impact your Fund investment. Therefore, the
Fund could lose money over short periods due to short-term market movements and over longer
periods during more prolonged market downturns. During a general market downturn, multiple
asset classes may be negatively affected. Changes in market conditions and interest rates
can have the same impact on all types of securities and instruments. In times of severe market
disruptions, you could lose your entire investment. |
|
| PFG US Equity Index Strategy Fund | RiskPro Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | RiskPro®
Risk. While the Adviser utilizes RiskPro® as a research tool, in managing
the Fund’s maximum volatility over a forward-looking rolling twelve-month period, the
projections or other information generated by RiskPro® regarding the likelihood
of various outcomes are hypothetical in nature, do not reflect actual investment results
and are not a guarantee of future results. As a result, estimates of volatility by RiskPro®
may turn out to be inaccurate. In addition, as a Fund investing in Underlying Funds, the
actual volatility of the Fund is driven by the portfolio holdings of the Underlying Funds.
Because the Adviser will not know the current portfolio holdings of the Underlying Funds,
it is possible that the actual volatility of the Fund may be more or less than the Fund’s
RiskPro® estimated volatility. This could result in poor absolute or relative
performance, including significant losses. |
|
| PFG US Equity Index Strategy Fund | Sector Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Sector
Risk. The Fund’s investments may be focused in securities of a particular sector
through its investment in Underlying Funds. Economic, legislative or regulatory developments
may occur that significantly affect the sector. This may cause the Fund’s net asset
value to fluctuate more than that of a fund that does not focus in a particular sector. |
|
| PFG US Equity Index Strategy Fund | Underlying Funds Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Underlying
Funds Risk. Underlying Funds in which the Fund invests are subject to investment advisory
and other expenses, which will be indirectly paid by the Fund. As a result, the cost of investing
in the Fund will be higher than the cost of investing directly in the Underlying Funds and
may also be higher than other mutual funds that invest directly in stocks and bonds. Each
of the Underlying Funds is subject to its own investment strategy-specific risks. Further,
if the Fund invests at least 80% of the Fund’s assets in Underlying Funds managed by
a single institutional strategist, that would increase the Fund’s investment risk. |
|
| PFG US Equity Index Strategy Fund | ETF Structure Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | ETF
Structure Risk. The Fund may invest a substantial portion of of its assets in Underlying
Funds that are ETFs and, as a result. is subject to special risks, including: |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Underlying Funds’ shares
may not be developed or maintained. If the Underlying Funds’ shares are traded outside
a collateralized settlement system, the number of financial institutions that can act as
authorized participants that can post collateral on an agency basis is limited, which may
limit the market for the Underlying Funds’ shares. To the extent that those authorized
participants exit the business or are unable to process creation or redemption orders and
no other authorized participants are able to step forward to do so, there may be a significantly
diminished trading market for the Underlying Funds’ shares. This could lead to differences
between market price and underlying value of shares. |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Underlying Funds’ shares may
become less liquid in response to deteriorating liquidity in the market for the Fund’s
underlying holdings. This adverse effect on the liquidity of the Underlying Funds’ shares
may, in turn, lead to differences between the market value of the Underlying Funds’
shares and the Underlying Funds’ net asset value. |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities, may cause the Underlying
Funds to incur additional costs including brokerage costs and taxable capital gains or losses
that the Underlying Funds may not have incurred if the Underlying ETF had made redemptions
in-kind. |
| ○ | Market
Price Variance Risk. When all or a portion of a Underlying Funds’ underlying securities
trade in a market that is closed when the market for the Underlying Funds’ shares is
open, there may be changes from the last quote of the closed market and the quote from the
Underlying Funds’ domestic trading day, which could lead to differences between the
market value of the Underlying Funds’ shares and the Underlying Funds’ net asset
value. |
|
| PFG US Equity Index Strategy Fund | Trading Issues [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Trading
Issues. Trading in Shares on the Exchange may be halted due to market conditions or for reasons
that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange. An active trading market for the Underlying Funds’ shares
may not be developed or maintained. If the Underlying Funds’ shares are traded outside
a collateralized settlement system, the number of financial institutions that can act as
authorized participants that can post collateral on an agency basis is limited, which may
limit the market for the Underlying Funds’ shares. To the extent that those authorized
participants exit the business or are unable to process creation or redemption orders and
no other authorized participants are able to step forward to do so, there may be a significantly
diminished trading market for the Underlying Funds’ shares. This could lead to differences
between market price and underlying value of shares. |
|
| PFG US Equity Index Strategy Fund | Liquidity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Liquidity
Risk. In stressed market conditions, the market for the Underlying Funds’ shares may
become less liquid in response to deteriorating liquidity in the market for the Fund’s
underlying holdings. This adverse effect on the liquidity of the Underlying Funds’ shares
may, in turn, lead to differences between the market value of the Underlying Funds’
shares and the Underlying Funds’ net asset value. |
|
| PFG US Equity Index Strategy Fund | Cash Transaction Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Cash
Transaction Risk. Purchases and redemptions of creation units that are made primarily with
cash, rather than through in-kind delivery of portfolio securities, may cause the Underlying
Funds to incur additional costs including brokerage costs and taxable capital gains or losses
that the Underlying Funds may not have incurred if the Underlying ETF had made redemptions
in-kind. |
|
| PFG US Equity Index Strategy Fund | Market Price Variance Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ○ | Market
Price Variance Risk. When all or a portion of a Underlying Funds’ underlying securities
trade in a market that is closed when the market for the Underlying Funds’ shares is
open, there may be changes from the last quote of the closed market and the quote from the
Underlying Funds’ domestic trading day, which could lead to differences between the
market value of the Underlying Funds’ shares and the Underlying Funds’ net asset
value. |
|
| PFG US Equity Index Strategy Fund | Index Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Index
Risk. The Underlying Funds in which the Fund invests may track an underlying index. The
performance of each Underlying Fund and its underlying index may vary somewhat due to factors
such as fees and expenses, transaction costs, sample selection, regulatory restrictions,
and timing differences associated with additions to and deletions from the underlying index.
Errors in the construction or calculation of the index may occur from time to time and may
not be identified and corrected for some period of time, which may have an adverse impact
on the respective Underlying Fund. Any variance in performance between the respective Underlying
Fund and its underlying index may have adverse effect on the performance of the Fund. |
|
| PFG US Equity Index Strategy Fund | Passive Investment Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Passive
Investment Risk. The Underlying Funds in which the Fund invests that are Index Funds
are not actively managed, and generally does not attempt to take defensive positions under
any market conditions, including declining markets. |
|
| PFG US Equity Index Strategy Fund | Aggressive Strategy Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Aggressive
Strategy Risk. The Fund utilizes an aggressive strategy in pursuing its investment objective.
Accordingly, the Fund’s returns may be more volatile than a fund that pursues a more
conservative strategy. |
|
| PFG US Equity Index Strategy Fund | Large Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Large
Capitalization Equity Risk. The Fund’s investments in the Underlying Funds may expose
the Fund to risks involved in investing in large capitalization companies. Large-capitalization
companies may be less able than smaller capitalization companies to adapt to changing market
conditions. Large-capitalization companies may be more mature and subject to more limited
growth potential compared with smaller capitalization companies. During different market
cycles, the performance of large capitalization companies has trailed the overall performance
of the broader securities markets. |
|
| PFG US Equity Index Strategy Fund | Medium Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Medium
Capitalization Equity Risk. The stocks of medium capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|
| PFG US Equity Index Strategy Fund | Small Capitalization Equity Risk [Member] |
|
| Prospectus [Line Items] |
|
| Risk [Text Block] |
| ● | Small
Capitalization Equity Risk. The stocks of small capitalization companies involve substantial
risk. These companies may have limited product lines, markets or financial resources, and
they may be dependent on a limited management group. Stocks of these companies may be subject
to more abrupt or erratic market movements than those of larger, more established companies
or the market averages in general. |
|