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WOA All Asset I increases fixed-income allocation to 50%, up from 40%
By Toni Weeks
San Diego, April 5 - WOA All Asset I, a series of Northern Lights Fund Trust II, has modified its existing allocation of fund assets among asset and market segments, according to a 497 filing with the Securities and Exchange Commission.
The fund manager will now invest no more than 40% of the fund's assets in the equities, real estate and commodities segments, and it will invest no more than 50% of the fund's assets in the fixed-income segment.
Previously, the fund manager was limited to investing no more than 40% of the fund's assets in any of the four primary asset segments.
Orlando-based Water Oak Advisors, LLC serves as the fund's investment adviser.
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