Northern Lights registers shares of Linde Hansen Contrarian fund

By Jennifer Chiou

New York, Jan. 27 - Northern Lights Fund Trust II registered the class I, A and C shares of the already launched Linde Hansen Contrarian Value Fund in a 485BPOS filing with the Securities and Exchange Commission.

The primary investment objective is long-term growth of capital, with income as a secondary objective.

There is a maximum load of 5.25% for the class A shares, while the sales charge is zero for the class C and I shares. The deferred sales charge is capped at 1% for the class A and C securities and is zero for the class I shares.

Management fees across the board come in at 1%. Redemption fees for any shares redeemed within 60 days of purchase are also 1% for all series.

In order to accomplish the fund objectives, the adviser will use a contrarian value strategy to invest in equities, primarily common stock, but also American Depositary Receipts, preferred stock and/or other securities convertible into stock.

Linde Hansen, the adviser will not use short selling or derivatives as part of the strategy, the filing said. It will target the securities of companies traded on U.S.-based exchanges with an equity market capitalization of $200 million or larger.

The portfolio managers are Edward K. von der Linde and Howard E. Hansen.

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