Kestra Ascend National Conference
February 27 – March 1, 2017
Orlando, FL

Private Wealth Connection
March 20-21, 2017
Los Angeles, CA

RIA Interactive Series - Alternative Investments
May 1-2, 2017
San Francisco, CA

Envestnet Advisor Summit
May 3-5, 2017
Dallas, TX

Wealth Investment Exchange
May 7-10, 2017
Pasadena, CA

The Investment Center National Conference
May 15-17, 2017
Philadelphia, PA

Geneos Wealth Management
May 21-23, 2017
Las Vegas, NV

Mid Atlantic Financial Group National Partner Conference
May 24-26, 2017
Phoenix, AZ

United Planners National Conference
June 1-3, 2017
Scottsdale, AZ

Independent Financial Group National Conference
August 13-17, 2017
San Diego, CA

Matrix Get Connected Conference
August 13-17, 2017
Keystone, CO

Client One National Conference
September 18-20, 2017
Overland Park, KS

Harbour Investments National Conference
September 28-30, 2017
Elkhart Lake, WI

Kovack National Conference
October 1-4, 2017
Orlando, FL

Ausdal Top Producers Conference
October 4-8, 2017
Quebec City, Quebec, Canada

Sigma National Conference
October 17-18, 2017
Detriot, MI

Source50 Summits
October 23-25, 2017
Naples, Florida

USA Financial Top Producers Conference
October 25-27, 2017
Ada, MI

Wealth Investment Exchange
December 3 - 6, 2017
Bluffton, South Carolina

Investors should carefully consider the investment objectives. risks, charges, and expenses of the BTS Tactical Fixed Income Fund. This and other information about the Fund is contained in the prospectus and should be read carefully before investing. The prospectus can be obtained on our web site,, by calling toll free 1-877-287-9820 (1-877-BTS-9820), or by calling your financial representative. The BTS Tactical Fixed Income Fund is distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. BTS Asset Management, Inc. is not affiliated with Northern Lights Distributors, LLC.

There is no assurance that the Fund will achieve its investment objective.

The use of Credit Default Swaps involves investment techniques and risks different from those associated with ordinary portfolio security transactions, such as potentially heightened counterparty, concentration and exposure risks. There is a risk that issuers and counterparties will not make payments on securities and other investments held by the Fund, resulting in losses to the Fund. The Fund may invest in derivatives. Even a small investment in options may give rise to leverage risk, and can have a significant impact on the Fund’s performance. Derivatives are subject to credit risk and liquidity risk.

The values of foreign investments may be affected by changes in exchange control regulations, application of foreign tax laws changes in governmental administration or economic or monetary policy or changed circumstances in dealings between nations. In addition to the risks generally associated with investing in securities of foreign companies, countries with emerging markets also may have relatively unstable governments, social and legal systems that do not protect shareholders, economies based on only a few industries, and securities markets that trade a small number of issues.

The Fund invests in fixed income securities, derivatives on fixed income securities or Underlying Funds that invest in fixed income securities

The value of the Fund will fluctuate with changes in interest rates. Defaults by fixed income issuers in which the Fund invests could also harm performance. Lower-quality bonds known as “high yield” or “junk” bonds, present greater risk than bonds of higher quality, including an increased risk of default. An economic downturn or period of rising interest rates could adversely affect the market for these bonds and reduce the Fund’s ability to sell its bonds. The lack of a liquid market for these bonds could decrease the Fund’s share price.

The use of leverage by the Fund or an Underlying Fund will indirectly cause the Fund to incur additional expenses and magnify the Fund’s gains or losses. The Fund may engage in short selling activities which are significantly different from the investment activities commonly associated with conservative fixed income funds.

Underlying Funds are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. As a result, your cost of investing in the Fund will be higher than the cost of investing directly in the Underlying Funds.