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Catalyst Funds Launches Catalyst Enhanced Income Strategy Fund: (EIXIX)
FYI: -Catalyst Funds, an alternative-focused mutual fund company, today announced the launch of the Catalyst Enhanced Income Strategy Fund (EIXIX). The Fund employs an income-focused strategy that invests in a variety of non-traditional income asset classes. Regards, Ted https://www.businesswire.com/news/home/20190205005219/en
Sure wish I knew about this sooner. I am well aware of the Catalyst funds and even more aware of the new fund effect. It is available at where I trade but alas, it is already up 8% YTD and since its inception at the beginning of January.
I owned one of their other funds last year and sold it, but got a totally different NAV on the transaction than I expected to the benefit of the fund. Neither Vanguard Schwab nor the fund company would give me an explanation for why the published NAV on the day of sale dropped on the confirmation. I would stay away from them
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