IPO - NORTHERN LIGHTS FUND TRUST II

Form Type: 485BPOS

Filing Date: 2025-07-02

Corporate Action: Ipo

Type: New

Accession Number: 000158064225003995

Filing Summary: This document is a Post-Effective Amendment No. 589 to the Registration Statement under the Securities Act of 1933, specifically intended for the PeakShares Sector Rotation ETF, managed by Northern Lights Fund Trust II. It contains a detailed prospectus that outlines investment objectives, strategies, risks, and expenses associated with the ETF. The primary investment objective of the ETF is capital appreciation and income generation, with a focus on investing at least 80% of net assets in a diversified portfolio of equity securities, including common stocks of U.S. companies and equity ETFs. The fund is designed to engage in active trading, potentially influenced by macroeconomic conditions, with fees totaling approximately 2.88% and reductions through expense waivers. A range of risks is discussed, including active management risk, trading issues, and volatility in equity securities. Notably, the fund's performance cannot be assessed yet as it is newly established, with an initial year-to-date performance of -1.28%. The document emphasizes its registration under both the Securities Act and the Investment Company Act, and details the management structure, as well as the processes for purchasing and redeeming shares.