Frequently Asked Questions

CORPORATE INFORMATION
Longboard was founded in 2010.
Longboard is open weeekdays 9am to 5pm.
Longboard is located in the heart of Phoenix, Arizona. Our address is as follws:

Longboard Asset Management
2355 East Camelback Road
Suite 750
Phoenix, AZ 85016
800.290.8319

INVESTMENT PRODUCTS & TOOLS
Longboard offers open-ended mutual funds. You can open an account via your brokerage account and look for our specific ticker symbols.
Our fund is managed internally by our portfolio management team.
You can find fund documents such as our latest commentary via the “Tools” tab at the top of the website. If you have a specific request, please call 800-290-8319.
Futures are financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price. Futures contracts detail the quality and quantity of the underlying asset; they are standardized to facilitate trading on a futures exchange. Some futures contracts may call for physical delivery of the asset, while others are settled in cash.
You can find fee information via the “invest” tab at the top of the website. It is located on our fact sheets.
We currently work with financial advisors, individual investor, and institutional clients. We believe there is a use for our products in a variety of portfolio types and we would love to discuss that with you in more detail. Please call us at 800.290.8319 or email us at info@longboardfunds.com.

DEFINITIONS
L
Long

Buying an asset such as a stock, commodity or currency, with the expectation that the asset will rise in value.



S
Short

Selling an asset such as a stock, commodity or currency, with the expectation that the asset will decrease in value.



Stock

A security that shows ownership in a corporation or represents a claim in the corporation assets and earnings.




FUND DOCUMENT DEFINITIONS
A
Annualized return
Return an investment provides over a given period of time, expressed as a time-weighted annual percentage.


Annualized volatility

Volatility of an investment over a given period of time, expressed as a time-weighted annual percentage.



B
Bear Market (Monthly)

When the return for the month is negative.



Bond

A debt security that shows ownership in a corporation or represents a claim in the corporation assets and earnings.



C
Correlation

An indicator that shows the linear relationship between assets. It can range from -1 to 1



D
Downside Volatility

This measures the deviation of negative returns. It is related to downside deviation, which uses investment – benchmark to determine “loss” periods.



E
Equity Risk

The financial risk involved in holding equity ownership in a particular investment



F
Fixed Income Risk

The credit risk of repayment of principal and interest rate risk.



L
Long

Buying an asset such as a stock, commodity or currency, with the expectation that the asset will rise in value.



M
Managed Futures

A rules-based investment strategy that seeks to capture trends across global futures markets. The strategy seeks to: gain long exposure to markets in uptrends, gain short exposure to markets in downtrends, control risk by exiting markets where trends fail, and avoid markets where trends are non-existent.



S
Short

Selling an asset such as a stock, commodity or currency, with the expectation that the asset will decrease in value.



Stock

A security that shows ownership in a corporation or represents a claim in the corporation assets and earnings.



T
True Diversifier

True diversifiers are investment strategies that have historically provided investors with at least 70% of the return of traditional 60/40 stocks and bonds portfolios while having less than .30 bear correlation to traditional 60/40 stocks and bonds portfolios.