BSR
The Beacon Unified Catalyst Fund seeks to participate in the equity market to capture long-term growth through four complementary investment strategies, each using a different approach to managing risk as market conditions change.
Conventional wisdom says investors who want growth have to accept the market’s full volatility.
BSR is built around a different premise.
The fund is designed to pursue meaningful equity market participation while diversifying both how it gets market exposure and how it manages risk. Instead of relying on a single equity style, single index, or single risk signal, BSR combines four sources of market exposure with three independent approaches to risk management.
The result is a risk-managed equity ETF built for a wider range of market environments.
Equity risk does not always develop the same way.
Sometimes risk shows up first in broad market trends. Sometimes it appears in individual holdings. Sometimes the economy begins to weaken before prices fully reflect it.
BSR is designed for that reality. The fund brings multiple exposures and multiple risk-response approaches together in one ETF, allowing each layer to play a distinct role as conditions change.
BSR is designed to spread equity participation across broad large-cap equities, growth-oriented equities, equal-weighted equity sectors, and tactical/discretionary exposure. Together, these sources help reduce dependence on any one market segment, style, or leadership theme.
The fund uses separate risk-management approaches focused on overall market trends, individual holding behavior, and broader economic conditions. Each approach monitors a different set of conditions and can respond based on what it is seeing.
BSR is not designed to sit permanently on defense. The fund seeks to participate in equity market growth while maintaining a disciplined process for responding when risk conditions deteriorate.
Most risk-managed equity strategies rely on one signal. BSR is designed to reduce that dependency by combining multiple approaches that can act independently and become more defensive when caution signals align.
BSR is diversified on two fronts: market exposure and risk management.
Provides exposure to established companies across the large-cap equity market.
Adds exposure to companies and market segments with higher growth potential.
Spreads exposure more evenly across sectors, helping reduce reliance on the largest areas of the market.
Adds flexibility to respond to changing opportunities and market conditions.
Together, these exposures are designed to spread participation across styles, sectors, and market segments rather than concentrating the fund in any one area.
When the market shows sustained deterioration, this approach can reduce equity exposure. When conditions stabilize, it can re-enter.
When a specific holding shows weakening momentum, this approach can step aside from that position, regardless of what the broader market is doing. When momentum recovers, it can re-enter.
When leading indicators signal a slowdown before prices fully reflect it, this approach can shift toward more defensive positioning. When conditions improve, it can add exposure back.
These approaches are designed to operate independently. When signals diverge, each continues to act on its own. When two or more point toward caution, the fund’s defensive response can become more pronounced.
The fund is designed to remain positioned for meaningful equity participation through its diversified sources of market exposure.
The individual-holding risk process can reduce or exit that position while other exposures remain invested if their signals are still constructive.
The market-level risk process can reduce equity exposure more broadly when sustained weakness appears.
The macroeconomic risk process can guide the fund toward a more defensive posture if leading indicators signal deterioration.
Each risk-management approach is designed to re-enter or add exposure back when its own signals improve.
BSR may be used as:
BSR can function as a complete equity-oriented core holding.
Both layers of diversification are built into a single ETF: broad market participation alongside multiple independent risk-management approaches. Advisors get a risk-aware equity foundation without needing to manage multiple strategies independently.
For clients who already hold equity positions, BSR can serve as a potentially lower-volatility component within the equity allocation.
That more conservative risk profile may create room in the overall risk budget for more concentrated, higher-conviction, or growth-oriented positions elsewhere in the portfolio.
BSR is not designed to avoid every decline or outperform in every market environment. No risk-managed equity strategy can do that.
Its purpose is more practical: participate meaningfully when markets are favorable, adapt when different forms of risk begin to appear, and avoid depending on a single signal to get every environment right.
Risk does not always develop the same way. BSR is built for that reality.
Investors should carefully consider the investment objectives, risks, charges, and expenses. This and other important information can be found in each of the Beacon fund prospectuses, which should be read carefully before investing and can be obtained under the Fund Documents section for each fund or by calling 866.439.9093.
Investing involves risk, including the possible loss of principal. Equity investments are subject to market risk and may decline in value due to broad market movements, sector conditions, issuer-specific events, or economic developments. The fund invests primarily in ETFs and is subject to the risks and expenses of the underlying funds. Risk-management strategies may not prevent losses, may not perform as intended in all market environments, and may cause the fund to underperform during certain periods, including rapidly rising markets. Asset allocation and diversification do not guarantee a profit or protect against loss. Investors should carefully consider the fund’s investment objectives, risks, charges, and expenses before investing.
ETF shares are traded on exchanges, and are traded and priced throughout the trading day. ETFs permit an investor to purchase a selling interest in a portfolio of stocks throughout the trading day. Because ETFs trade on an exchange, ETF shares are bought and sold at market price (not NAV). The prices of ETFs may sometimes vary significantly from the NAVs of a ETFs’ underlying securities. Brokerage commissions will reduce returns.
Benchmark indices provide the standards against which investment performance is measured. The Dow Jones Moderately Aggressive Portfolio Index is a total-returns index that is designed to measure a total portfolio of stocks, bonds, and cash, efficiently allocated and weighted to achieve a targeted risk level of 80% - that is, relative to the risk of an all-stock (100%) portfolio (past 36 months). The weightings are rebalanced monthly. The S&P 500 is a market-capitalization-weighted equity index tracking the performance of the 500 largest U.S.-traded stocks, which represent about 80% of all U.S incorporated equity securities. Benchmark indices are neither managed, nor accessible through direct investment, nor subject to advisory fees, transaction costs or other expenses.
NAV Return represents the closing price of underlying securities. Market Return is calculated using the price which investors buy and sell ETF shares in the market.
The Beacon funds are distributed by Northern Lights Distributors, LLC.. Beacon Capital Management & Sammons® Financial Group, Inc. are independent of and not affiliated with Northern Lights Distributors, LLC
| Fund Ticker | BSR | Exchange | NYSE |
|---|---|---|---|
| Inception Date | 2023-04-17 | Base Currency | USD |
| 30-Day Median Ask/Bid Spread | 0.32% | 30-Day Average Trading Volume | 803 |
| Shares Outstanding | 1,140,000 | CUSIP | 66538F199 |
| Distribution Frequency | Annually | Discount / Premium | 0.00% |
| 1-MO | QTD | YTD | 1-YR | 3-YR | 5-YR | Since Inception | |
|---|---|---|---|---|---|---|---|
| NAV % | 2.99% | 1.12% | 4.79% | 7.35% | 8.19% | - | 7.79% |
| Market Price % | 3.03% | 0.89% | 4.68% | 7.24% | 8.14% | - | 7.79% |
| Dow Jones Moderately Aggressive | 2.79% | 1.39% | 12.62% | 17.03% | 16.46% | - | 15.01% |
| S&P 500 | 3.35% | 2.20% | 12.63% | 19.74% | 22.08% | - | 21.64% |
| QTD | YTD | 1-YR | 3-YR | 5-YR | SINCE INCEPTION | |
|---|---|---|---|---|---|---|
| NAV % | 2.54% | 3.62% | 9.52% | 6.85% | - | 7.79% |
| Market Price % | 2.74% | 3.76% | 9.69% | 6.87% | - | 7.87% |
| Dow Jones Moderately Aggressive | 11.52% | 11.08% | 19.60% | 15.27% | - | 15.28% |
| S&P 500 | 15.20% | 10.21% | 22.32% | 20.61% | - | 21.94% |
Performance data quoted represents past performance. Past performance is not indicative of future results. Current performance may be higher or lower than the performance data presented. Performance data current to the most recent month end can be obtained by visiting beaconinvestingfunds.com or by calling (toll-free) 866.439.9093, option 2. Market price returns are calculated using the closing price and account for distributions from the ETF. Gross/Net Expense Ratio: 1.48%/1.07%. Beacon Capital Management, has contractually agreed to limit its fees through June 30, 2027.
| Name | Ticker | CUSIP | Shares | Market Value | % Portfolio |
|---|---|---|---|---|---|
| SS S&P 500 ET-US | SPY US | 78462F103 | 11,591 | 8,849,381 | 25.33% |
| INVESCO QQQ TRUS | QQQ US | 46090E103 | 11,759 | 8,305,617 | 23.77% |
| VICTORYSHARES CF | VFLO US | 92647X830 | 22,905 | 1,269,624 | 3.63% |
| STATE STREET SPD | SPYM US | 78464A854 | 13,440 | 1,207,987 | 3.46% |
| SPDR PORT 1500 | SPTM US | 78464A805 | 13,007 | 1,205,359 | 3.45% |
| VANGUARD ENERG E | VDE US | 92204A306 | 5,218 | 928,126 | 2.66% |
| PIMCO MULTISECT | PYLD US | 72201R585 | 32,929 | 863,069 | 2.47% |
| T.ROWE SMALL-MC | TMSL US | 87283Q826 | 19,946 | 862,864 | 2.47% |
| VANGUARD H/C ETF | VHT US | 92204A504 | 2,622 | 858,679 | 2.46% |
| VANGUARD FIN ETF | VFH US | 92204A405 | 5,814 | 826,809 | 2.37% |
| VANGUARD MATER E | VAW US | 92204A801 | 3,439 | 823,125 | 2.36% |
| VANGUARD CN ST E | VDC US | 92204A207 | 3,478 | 819,730 | 2.35% |
| INVESCO S&P 500 | RSP US | 46137V357 | 3,680 | 816,702 | 2.34% |
| VANGUARD REAL ES | VNQ US | 922908553 | 8,110 | 803,701 | 2.30% |
| VANGUARD INF T E | VGT US | 92204A702 | 6,607 | 769,187 | 2.20% |
| VANGUARD IND ETF | VIS US | 92204A603 | 2,188 | 750,025 | 2.15% |
| VANGUARD UTI ETF | VPU US | 92204A876 | 3,983 | 744,343 | 2.13% |
| AST US EW QLTY K | ROE US | 02072L433 | 14,348 | 625,203 | 1.79% |
| SPDR BLOOMBERG I | FLRN US | 78468R200 | 15,913 | 490,280 | 1.40% |
| VS GFLW ETF | GFLW US | 92647X764 | 12,180 | 411,928 | 1.18% |
| SS SPDR NAS 100 | QNDX US | 78468R390 | 17,010 | 407,049 | 1.17% |
| ANGEL OAK INCOME | CARY US | 03463K760 | 18,942 | 392,289 | 1.12% |
| VANGUARD COMMUNI | VOX US | 92204A884 | 1,711 | 320,556 | 0.92% |
| VANGUARD CN DI E | VCR US | 92204A108 | 797 | 316,871 | 0.91% |
| SIMPLIFY-MF STRT | CTA US | 82889N699 | 10,131 | 282,554 | 0.81% |
| IM GLOBAL PARTNE | DBMF US | 53700T827 | 8,572 | 267,875 | 0.77% |
| VANG SH TERM TIP | VTIP US | 922020805 | 4,669 | 232,423 | 0.67% |
| VANGUARD-S/T COR | VCSH US | 92206C409 | 2,951 | 231,978 | 0.66% |
| VANGUARD SHORT-T | VGSH | 92206C102 | 3,990 | 231,939 | 0.66% |
| BBH SWEEP VEHICLE | 9BBH | BBHETFMM | 58,485.01 | 58,485 | 0.17% |
| Receivables/Payables | RECPAY | RECPAY | -37,918.33 | -37,918 | -0.11% |
Holdings are subject to change without notice and should not be considered a recommendation to buy or sell any security.
