Avant Gold Bullion Strategy VP Fund to cease operations, close June 15

By Tali David

Minneapolis, April 5 - The board of trustees of the Avant Gold Bullion Strategy VP Fund agreed to cease operations of the fund, according to a 497 filed with the Securities and Exchange Commission.

On April 25, the portfolio will begin liquidating, and shares will no longer be available for purchase. The fund will close, and all outstanding shares will be redeemed on or about June 15.

The fund is a series of Northern Lights Variable Trust. Its investment adviser is Osprey, Fla.-based Avant Capital Management II, LLC.

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