Northern Lights Fund Trust is a shared mutual fund trust comprised of independent funds, all managed by
separate investment advisors. Advisors have joined the trust, administered by Gemini Fund Services, LLC
("Gemini"), to counteract the increasing costs of doing business and increased level of regulatory
compliance in the mutual fund industry. Fund trusts have proven to be a successful way for the small- to
mid-sized mutual fund to compete and remain profitable.
The trust offers many advantages achievable through the Trust on a scale not otherwise achievable by a
solo mutual fund. They include:
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Operational efficiencies because funds in the trust share directors/trustees, chief compliance
officers, Presidents and other officers required by SEC regulations
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Ability to attract extremely qualified board members that possess the expertise to provide proper
Board compliance and oversight
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Reduction in operating costs as expenses are now shared by a group of advisors – these include reduced
auditor, fund counsel, insurance, legal, trustee, blue sky, and other expenses
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Frees the advisor to focus on portfolio and relationship management, which may result in better
overall fund performance