BTS Bond Asset Allocation to merge into BTS Tactical Fixed Income Fund

By Toni Weeks

San Luis Obispo, Calif., Nov. 14 – Northern Lights Fund Trust announced that the purchase of BTS Bond Asset Allocation Fund shares will be suspended on Dec. 12.

According to a 497 filing with the Securities and Exchange Commission, the fund will be merging into the BTS Tactical Fixed Income Fund on that date.

Each fund seeks to provide total return by investing at least 80% of its assets in bond instruments without restriction as to maturity, credit quality, type of issuer, country or currency.

Investment adviser BTS Asset Management is based in Lexington, Mass.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.