First Gold Bullion Mutual Fund (QGLDX) Marks Anniversary; Fund Provides Convenient, Effective Portfolio Exposure to Gold

ROCKVILLE, Md., July 28, 2014 /PRNewswire/ -- The Gold Bullion Strategy Fund (QGLDX), the first mutual fund that allows retail investors to participate in the daily price changes of gold bullion, has marked its one-year anniversary.  Launched in July 2013, QGLDX seeks to offer a way for investors to track the daily price changes in gold bullion with the convenience of a mutual fund. 

Previously, those looking for ways to diversify their portfolios with a gold allocation might choose funds that invest in gold mining shares, which may not track gold bullion very well, or commodity futures funds, which might have a more costly and complicated tax structure than traditional mutual funds.  And, many ETFs that offer gold exposure are subject to "collectables" taxation and Schedule K-1 tax reporting rules which can cause investors to delay filing their tax returns, as well as requiring them to file tax returns in multiple states and deal with unrelated business taxable income.  QGLDX avoids both of these problems.

"Furthermore, gold is a unique diversifier during trying times," explains Jerry Wagner, Portfolio Manager for the Fund and President of Flexible Plan Investments, Ltd., the Fund's sub-advisor.  "As our recent white paper shows, over the last 40 years gold has proven to be the best or second best asset class to hold during seven different investing scenarios that concern investors.  And holding gold in even a balanced portfolio has increased risk-adjusted returns over that period."

Wagner notes that recent geopolitical events have sparked more queries from advisors and investors about gold, sending the young fund to over $50 million in assets (6/30/2014).  He remarked that while investors don't have to try and time gold investments given their proven role as a mitigator of portfolio volatility, at present, from both a technical and fundamental perspective, gold prices seem quite low.

Wagner notes that QGLDX is a convenient and effective way to get exposure to gold with the benefits of daily liquidity and 1099 reporting, and with its included holdings in short-term bonds actually has the possibility of offsetting the normal expense associated with other commodity-based mutual funds.

The fund invests in gold bullion ETFs and derivatives to seek to reflect the daily changes in the price of gold bullion. In addition, it allocates assets to short maturity bond investments in order to produce interest income to accomplish its tax strategy and reduce expenses. During its first year of operation, this tracking fund yielded a return within 29 basis points of the price change of the largest gold ETF after all expenses.

The Gold Bullion Strategy Fund is currently available in a no-load format as well as the recently launched A and C shares. Additionally, a variable investment trust of the portfolio is available through Jefferson National.

To obtain a copy of the 40-year gold study entitled "The role of gold in investment portfolios" and learn more about QGLDX, please visit: www.goldbullionstrategyfund.com

About Flexible Plan Investments, Ltd.:

Established in 1981, Flexible Plan Investments, Ltd. invests over $1.7 billion in assets for clients in its separately managed account business (as of 12/31/13). As a founding member of the National Association of Active Investment Managers (NAAIM), Flexible Plan, a turnkey asset management program (TAMP) provider, is one of the trade association's largest and oldest active money managers. The company's mission is to provide investors with competitive returns, while reducing risk through the use of dynamic risk management, strategic diversification, and cutting-edge technology and support services. For more information, visit www.flexibleplan.com.

Disclosures

As of the most recent prospectus, the expense ratios for the Gold Bullion Strategy Fund are as follows:  Investors' Class (No Load), 1.66%; Class A, 1.66%; Class C, 2.41%.  

The maximum sales charge imposed on Class A share purchases (as percentage of offering price) is 5.75%.   An additional 2% redemption fee applies to all share classes, including Investors' Class, when shares are redeemed within 7 days of purchase.

An investor should consider the investment objectives, risks, charges and expenses of The Gold Bullion Strategy Fund before investing. This and other information can be found in the Fund's prospectus, which can be obtained by calling 1-855-650-7453. The prospectus should be read carefully prior to investing in The Gold Bullion Strategy Fund.

There is no guarantee that The Gold Bullion Strategy Fund will achieve its investment objectives.

Flexible Plan Investments, Ltd. serves as investment sub-advisor to The Gold Bullion Strategy Fund, distributed by Ceros Financial Services, Inc. (member FINRA). Ceros Financial Services, Inc. and Flexible Plan Investments, Ltd. are not affiliated entities. Advisors Preferred, LLC is the Fund's investment adviser. Advisors Preferred, LLC is a wholly-owned subsidiary of Ceros Financial Services, Inc.

The principal risks of investing in The Gold Bullion Strategy Fund are Risks of the Sub-advisor's Investment Strategy, Risks of Aggressive Investment Techniques, High Portfolio Turnover, Risk of Investing in Derivatives, Risks of Investing in ETFs, Risks of Investing in Other Investment Companies, Leverage Risk, Taxation Risk, Concentration Risk, Gold Risk, Wholly-owned Corporation Risk, Risk of Non-Diversification and interest rate risk. "Gold Risk" includes volatility, price fluctuations over short periods, risks associated with global monetary, economic, social and political conditions and developments, currency devaluation and revaluation and restrictions, trading and transactional restrictions.

Contact:
Brian Humphrey, Advisors Preferred LLC 888-572-8868
[email protected]

SOURCE Advisors Preferred, LLC