There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Persimmon Long Short Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at www.persimmonfunds.com or by calling 855-233-8300. The prospectus should be read carefully before investing. The Persimmon Long Short Fund is distributed by Northern Lights Distributors, LLC, member FINRA. Persimmon Capital Management, LP is not affiliated with Northern Lights Distributors, LLC.
Persimmon Capital Management, LP is not affiliated with Northern Lights Distributors, LLC.
Long/Short Equity involves simultaneously buying shares (“long”) of companies that one expects to increase in value and selling shares of companies one does not own (“short”) that they expect to decrease in value with the goal of improving total return and decreasing volatility relative to just buying shares alone.
Mutual Funds involve risk including the possible loss of principal.
The Fund will invest a percentage of its assets in derivatives and options contracts. The use of such investments and the resulting high portfolio turn-over, may expose the Fund to additional risks that it would not be subject to, if it
invested directly in the securities of the underlying those derivatives. The Fund may experience losses that exceed those experienced by funds that do not use options and derivatives.
The Fund may invest in high yield or junk bonds which present a greater risk than bonds of higher quality. Other risks
include credit risks and investments in fixed income securities that may be subject to default, prepayment and interest
rate changes. The Fund may also invest in U.S treasury obligations and securities issued by federal agencies and U.S.
Investments in foreign securities and emerging markets involve risks not generally associated with investments in
securities of U.S. companies including currency rate changes, sovereign debt risk, political, social and economic
conditions, accurate company information, foreign control on investment and market operations including banks and
security depositories. These risks may be greater in emerging markets and less developed countries.
ETNs and ETFs are subject to investment strategy risks and expenses which are indirectly paid by the Fund. The value
of small or medium capitalization equities and issuers may be subject to more erratic market movements than those of
larger more established companies and issuers. Furthermore, the use short positions can magnify the potential for gain
or loss and amplify the effects of market volatility on the Fund’s share price.
© 2013 Persimmon Long/Short Fund. All rights reserved. 0100-NLD-1/11/2013