AXS Market Neutral Fund Institutional Class NMFQS:COGIX

The fund seeks to achieve its investment objective by balancing “long” and “short” positions. To do this, the fund will invest in pairs of equity securities, such as leveraged and inverse exchange-traded funds (“ETFs”) as well as equities of U.S. companies, in equalized long and short exposures for which AXS Investments LLC,the fund’s investment advisor (the “Advisor”), believes a that the long position of the pairing will outperform the short position over a longer-term basis (at least one-year).