Sierra Group of Companies ("Sierra") is proud to announce that as of
12/31/17, the firm has reached over three billion dollars in combined
assets under management and assets under advisement.
Founded in 1987, the Sierra Group of Companies consists of Sierra
Investment Management, Inc., Ocean
Park Asset Management Inc., and Wright Fund Management, LLC, which
manages the Sierra
Mutual Funds, which include the Sierra
Tactical All Asset Fund and Sierra
Strategic Income Fund.
“At Sierra, we have a long-term focus on limiting downside risk and
volatility,” said David
Wright, co-founder and managing director at Sierra. “It’s gratifying
to our team that conservative investors have continued to see the value
we provide and have helped us almost double our assets in about two
years. We will continue to concentrate on providing value to our
About The Sierra Companies
Since 1987 Sierra has been helping retirees and other conservative
investors preserve and grow their wealth. Through the years, Sierra has
fine-tuned an investment approach with the specific goals of limiting
downside risk and providing satisfying returns over a market cycle.
Using decades of strategic research and proven risk management
disciplines, Sierra strives to help its clients meet their specific
Past performance does not guarantee future results and there is no
assurance that any investment strategy will achieve its investment
objective. Investors should carefully consider the investment
objectives, risks, charges, and expenses of the Sierra Mutual Funds.
This and other information about the funds is contained in the
prospectuses and should be read carefully before investing. The
prospectus can be obtained on our website www.sierramutualfunds.com
or by calling toll free 1-800-729-1467. The Sierra Mutual Funds are
distributed by Northern Lights Distributors, LLC, member FINRA/SIPC.
Neither Sierra Investment Management, Inc., Ocean Park Asset Management,
Inc. nor Wright Fund Management LLC are affiliated with Northern Lights
The Sierra Tactical All Asset Fund invests in underlying funds,
including mutual funds and ETFs. In some instances it may be less
expensive for an investor to invest in the underlying funds directly.
There is also a risk that investment advisers of those underlying funds
may make investment decisions that are detrimental to the performance of
the Fund. Investments in underlying funds that own small and
mid-capitalization companies may be more vulnerable than larger, more
established organizations to adverse business or economic developments.
Investments in underlying funds that invest in foreign equity and debt
securities could subject the Fund to greater risks including currency
fluctuation, economic conditions, and different governmental and
The Sierra Strategic Income Fund invests in underlying funds that may
invest in foreign emerging market countries that may have relatively
unstable governments, weaker economics, and less-developed legal
systems, which do not protect investors. In general, the price of a
fixed income security falls when interest rates rise. Underlying fund
investments in lower-quality bonds, known as high-yield or junk bonds,
present greater risk than bonds of higher quality. Municipal securities
are subject to the risk that legislative changes and economic
developments may adversely affect the value of the Fund's investments.
REIT risks include declines from deteriorating economic conditions,
changes in property value, and defaults by borrower. Underlying funds
that own small and mid-capitalization companies may be more vulnerable
than larger, more established organizations to adverse business or
economic developments. In some instances it may be less expensive for an
investor to invest in the underlying funds directly.
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