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Family Office Fund

JFOIX - I SHARES | JFOSX - R6 SHARES

Overview

AT A GLANCE
  • $4.77 M

    Portfolio Assets 5-14-2021

  • $12.92 NAV 5-14-2021
  • 2.56%

    Gross Expenses1

  • 1.90%*

    Net Expenses1

  • 470258872

    CUSIP

  • 6/29/2017

    Inception Date

*The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses until at least March 19, 2023 for I Shares to ensure that net annual operating expenses will not exceed 1.48%, subject to possible recoupment from the Fund in future years.

Overall Morningstar rating as of March 31, 2021. Based on risk-adjusted returns. Category: Long-Short Equity out of 228 funds.3

55%

55% of Family Offices believe we will enter a recession by 2020 and many are preparing their portfolios.2

370 Family Offices

Partnered with the Family Office Exchange (FOX), the oldest family office organization in the industry serving approximately 370 family offices with average AUM of $500 million.
Scion group consists of 20 of its most sophisticated family offices.

FUND OBJECTIVE

The Fund employs a multi-asset, multi-strategy investment program that seeks to replicate the asset allocation programs of successful family offices. The Fund seeks to deliver total return through capital appreciation and/or income, consistent with a reasonable level of risk, by investing in a diversified portfolio which tracks the asset allocation weightings of successful family offices.

FUND STRATEGY

The Fund utilizes a three-step process for portfolio construction.