Modern Capital Tactical Opportunities Fund Class A
Prices as of 10/21/2021
  Current NAV Previous NAV Difference
  11.42 11.50 -0.08
Click Here for 12 Month Dividend History
Performance
Average Annual Total Return as of Quarter Ending 9/30/2021
  One Year Three Year Five Year Inception*
NAV N/A% N/A% N/A% 8.60%
* The Fund inception was 4/6/2021. Not annualized since less than one year.
Click Here for Most Recent Month End Returns
The performance information quoted above represents past performance, which is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Ticker Information
NASDAQ TICKER MCTOX
CUSIP NUMBER 60754R102
Minimum Investment
Initial $1,000.00
IRA Initial $1,000.00
Automatic Investment Plan $100.00
Management
Portfolio ManagersPeter Montalbano
Michael Lowenberg
Investment AdvisorModern Capital Management Co.
119 Simmons St.
Mt. Pleasant, SC 29464
DistributorCapital Investment Group
100 E Six Forks Rd
Suite 200
Raleigh, NC 27609
Inception DateMarch 15, 2021
State Registrations
The fund is available for sale in the following states:CA, CO, CT, FL, MO, NC, NJ, NY, PA, RI, SC, TX
Shareholder Fees
Maximum Sales Charge (Load) Imposed On Purchases (as a % of the offering price)5.00%
Annual Fund Operating Expenses
Management Fees0.60%
Distribution and/or Service (12b-1) Fees0.25%
Other Expenses11.23%
Interest and Dividends on Securities Sold Short20.33%
Interest on Borrowings20.38%
Acquired Fund Fees and Expenses30.50%
Total Annual Fund Operating Expenses3.29%
Fee Waiver and/or Expense Limitation41.18%
Total Annual Fund Operating Expenses After Fee Waiver and Reimbursement2.11%
1 Estimated for the current fiscal year.
2 Estimated for the current fiscal year. "Interest and Dividends on Securities Sold Short" reflects interest expense and dividends paid on borrowed securities. Interest expense results from the Fund’s use of prime brokerage arrangements to execute short sales. Dividends paid on borrowed securities are an expense of short sales. Such expenses are required to be treated as Fund expenses for accounting purposes and are not payable to the Fund or the adviser. Any interest expense amount or dividends paid on securities sold short will vary based on the Fund’s use of those investments. "Interest on Borrowings" is charged directly to the Fund based upon actual amounts borrowed by the Fund.
3 Acquired fund fees and expenses are the indirect costs of investing in other investment companies. Acquired fund fees and expenses and expenses related to borrowing and short sales are estimated for the current fiscal year.
4 The adviser and Modern Capital Funds Trust (the "Trust") have entered into an expense limitation agreement whereby the adviser has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses, including the adviser’s management fee, any 12b-1 fees and organizational and offering expenses (exclusive of (i) any front-end or contingent deferred loads; (ii) brokerage fees and commissions, (iii) acquired fund fees and expenses; (iv) borrowing costs (such as interest and dividend expense on securities sold short); (v) taxes; (vi) specialized pricing services and (vii) extraordinary expenses, such as litigation expenses (which may include indemnification of Trust officers and Trustees, contractual indemnification of Fund service providers (other than the adviser)) in order to limit annual Fund operating expenses to 0.90%, and 0.90% for Class A shares, and Class ADV shares, respectively. These expense limitations will remain in effect until at least March 31, 2022. This agreement may be terminated by the Trust’s Board of Trustees upon written notice to the adviser. The agreement may not be terminated by the adviser without consent of the Board. The adviser will be permitted to recover fees and expenses it has borne, within three years after the fees were waived or expenses reimbursed, only to the extent that the Fund’s expenses do not exceed the lesser of (1) the expense limit in effect at the time the adviser waives or limits the fees and (2) the expense limit in effect at the time the adviser recovers fees.
Principal Risks of Investing in the Fund
An investment in the Fund is subject to investment risks, including the possible loss of some or all of the principal amount invested. There can be no assurance that the Fund will be successful in meeting its investment objective. Generally, the Fund will be subject to the following additional risks: Active Trading Risk, Closed-End Fund Risk, Equity Securities Risk, ADR Risk, Call Risk, Credit Risk, Cybersecurity, Emerging Market Risk, ETF Risk, Foreign and Currency Exposure Risk, High-Yield Risk, Interest Rate Risk, Leverage Risk, Limited History of Operations Risk, Management Risk, New Adviser Risk, Non-Diversification Risk, Security Market Risk, Short Selling Risk, Small and Medium (Mid) Capitalization Stock Risk, and Stock Value Risk. More information about these risks and other risks can be found in the Fund’s prospectus.
 
An investor should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available at the link below or by calling Shareholder Services at 1-800-773-3863. The prospectus should be read carefully before investing. Current and future holdings are subject to change and risk.

Distributor: Capital Investment Group, Inc., Member FINRA/SIPC, 100 E Six Forks Road, Suite 200, Raleigh, NC 27609, (800) 773-3863. There is no affiliation between Modern Capital Management Co., including its principals, and Capital Investment Group, Inc.

RCMOD1021001

Download Information
Summary Prospectus
Prospectus
SAI
IRA Application
IRA Information
SEP IRA Application
SEP IRA Instructions
Cost Basis FAQ
Cost Basis Election Form
Portfolio Holdings
Portfolio Holdings as of 6/30/2021 Click to View
Portfolio Holdings as of 06/30/2021, 1st Quarter of the most recent fiscal year Click to View
Portfolio Holdings as of 12/31/2020, 3rd Quarter of the most recent fiscal year Click to View

Click on any of the above links to view the document. For best results right-click the link and choose "Save as" to save the PDF file to your local disk drive. All documents are in Adobe Acrobat (.pdf) format.

The Fund may not be available for sale in all states. The information presented on this page is not an offer to sell or a solicitation of an offer to purchase the Fund.




Copyright © 2021 The Nottingham Company