Eventide Launches The Eventide Global Dividend Opportunities Fund

BOSTON, Oct. 4, 2017 /PRNewswire/ -- Eventide is pleased to announce the launch of their fourth mutual fund, the Eventide Global Dividend Opportunities Fund (Nasdaq: ETADX), (Nasdaq: ETCDX), (Nasdaq: ETNDX), (Nasdaq: ETIDX). The Eventide Global Dividend Opportunities Fund seeks to provide investors with income and long-term capital appreciation, as well as income growth over time, by investing globally in admirable companies that pay attractive dividends. According to Eventide, Fund distinctives include its global investment (at least 40% invested outside the US), dividend priority, and – along with all Eventide Funds – companies creating a better world by serving society, customers, employees, and other key stakeholders.   

The Fund will be managed by Eventide Portfolio Manager Martin Wildy, CFA, who also serves as Portfolio Manager for the Eventide Multi-Asset Income Fund, which launched in July 2015. Wildy said,

"In an environment where the average dividend yields offered by international companies regularly outpace what we see in the US, we are particularly excited to offer a Fund that seeks to take advantage of the most attractive dividend opportunities, irrespective of geography. Many companies worldwide are doing a great job of serving their stakeholders while also demonstrating long-term sustainability and the potential for growth. We are excited to create an opportunity for investors to get exposure to these dividend-paying companies."

The Eventide Global Dividend Opportunities Fund joins three existing Eventide Funds with more than $1.9B in net assets under management: the Eventide Gilead Fund, the Eventide Healthcare & Life Sciences Fund, and the Eventide Multi-Asset Income Fund. The Eventide Funds are managed by Eventide Asset Management, LLC, a Boston-based investment adviser that seeks to provide high performance by investing in companies that create compelling value for their customers, employees, supply chain, host communities, the environment, and society broadly.

The Fund is available in four share classes – class A (ETADX), class C (ETCDX), class N (ETNDX), and class I (ETIDX) – and targets four quarterly distributions for its shareholders. The Fund expects that its distributions will consist of dividend income, capital gains, and may make distributions that are treated as a return of capital.

There is no guarantee that the Fund will meet its objectives.

Mutual Funds involve risk including the possible loss of principal. Past performance does not guarantee future results. The Fund's ethical values screening criteria could cause it to under-perform similar funds that do not have such screening criteria. The Fund can have risk related to option investing. There are special risks associated with investments in foreign companies including exposure to currency fluctuations, less efficient trading markets, political instability and differing auditing and legal standards. Investors in the Fund should be aware that interest rates are at historic lows and may change at any time based on government policy. In general, the price of a fixed income security falls when interest rates rise. A rise in interest rates may result in volatility and increased redemptions, which in turn could result in the Fund being forced to liquidate portfolio securities at disadvantageous prices. Longer-term securities may be more sensitive to changes in interest rates. MLPs carry unique risks including risks surrounding its tax status and risk pertaining to rising interest rates, both of which can negatively impact share price. Yieldcos carry different risks including Yieldco Sponsor Risk and cash flow risk. The Fund is a new mutual fund and has a limited history of operations for investors to evaluate.

An investor should consider a fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information can be found in the prospectus, which can be obtained at www.eventidefunds.com or by calling 1-877-771-EVEN (3836). Please read the prospectus carefully before investing. Eventide Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA, which is not affiliated with Eventide Asset Management, LLC.

Fund Contact:
Jason Myhre      
877-771-EVEN (3836)                

4833-NLD-10/3/2017

SOURCE Eventide Asset Management