| Fund | Objective | Process | Portfolio Manager | Typical Number of Holdings | Minimum Investment and Fees |
|---|---|---|---|---|---|
| Crescent Large Cap Macro Fund | The investment objective of the Crescent Large Cap Macro Fund is capital appreciation. The Fund invests in a portfolio of equity securities of companies whose market capitalizations qualify them to be considered as "large-cap" companies. The Fund typically invests in common stocks, but has the ability to invest in other types of equity securities. | The Advisor employs an investment selection process that utilizes approximately 60% selection criteria on macroeconomic, market and sector criteria and approximately 40% based on company fundamental analysis. This philosophy is based upon the belief and experience that sector and industry allocation is an important influence on individual security performance. |
Michael W. Nix, CFA Walter B. Todd, III |
35-55 | Advisor Class:
(GCALX) Initial/Subsequent $1,000/$100 Net Fees*: 1.52% Institutional Class: (GCILX) Initial/Subsequent $10,000/$1,000 Net Fees*: 1.27% |
| Crescent Strategic Income Fund | The investment objective of the Crescent Strategic Income Fund is total return consistent with preservation of capital. The Fund typically invests in corporate, government or agency bonds and notes, but has the ability to invest in other types of fixed income securities. | The Advisor employs an investment selection process that utilizes a variety of macro factors including economic environment, credit spreads and trends, liquidity conditions and interest rate outlook. This philosophy is based on the belief that an active strategy of utilizing controlled duration management, sector rotation and credit selection provides competitive returns to passive strategies over long-term investment horizons. |
Walter B. Todd, III John D. Wiseman |
Unlimited | Advisor Class:
(GCAFX) Initial/Subsequent $1,000/$100 Net Fees*: 1.17% Institutional Class: (GCSFX) Initial/Subsequent $10,000/$1000 Net Fees*: 0.92% |
*Full fee information can be found by clicking the ticker link.