M&A - Two Roads Shared Trust
Form Type: 485BPOS
Filing Date: 2025-02-28
Corporate Action: Merger
Type: Update
Accession Number: 000121390025018866
Filing Summary: On February 28, 2025, Two Roads Shared Trust filed a registration statement to update the prospectus for its funds, including the Redwood Managed Volatility Fund, the Redwood Managed Municipal Income Fund, the Redwood AlphaFactor Tactical International Fund, and the Redwood Systematic Macro Trend Fund. This filing is part of a plan approved by the Board of Trustees on December 10, 2024, which outlines a reorganization of multiple existing funds into newly created series under the Investment Managers Series Trust II. The reorganizations aim to maintain the investment strategies while transitioning the assets and management to the new funds. The reorganization is expected to be completed by the end of the second quarter of 2025, pending shareholder approval and the fulfillment of other closing conditions. This update also includes revisions to fees, expenses, and risk factors associated with the investment strategies of the listed funds.
Document Link: View Document
Additional details:
Investment Objective: The Redwood Managed Volatility Fund seeks total return and management of downside volatility and loss.
Management Fees: {"Class_I":"1.25%","Class_N":"1.25%","Class_Y":"1.25%"}
Total Annual Fund Operating Expenses: {"Class_I":"2.14%","Class_N":"2.39%","Class_Y":"2.26%"}
Portfolio Turnover Rate: 39%
Investment Strategies: The Fund uses a trend-following strategy to identify market turning points and invests in diversified high yield bonds and bank loans based on market trends.
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