2022 Dividend Distributions

Please see below our estimated year-end dividend distributions for our Mutual Funds and ETFs 2022. Finalized numbers will be posted in December when they become available.

Toews Hedged U.S. Fund (THGLX)
Ordinary Income: $0.05 per share

Toews Tactical Defensive Alpha Fund (TTDAX)
Short Term Capital Gains: $0.05 per share

Toews Agility Shares Dynamic Tactical Income ETF (THY)
Short Term Capital Gains: $0.02 per share

Toews Agility Shares Managed Risk ETF (MRSK)
Short Term Capital Gains: $0.08 per share
Long Term Capital Gains: $0.25 per share

There can be no assurance that Toews will achieve its performance objectives. Past performance is no guarantee of future results.
Mutual Funds and ETFs involve risk including possible loss of principal. An investor should consider the Fund’s investment objectives, risks, charges, and expenses carefully before investing. This and other information about the Funds is contained in the Fund’s prospectus, which can be obtained by calling 877-558-6397. Please read the prospectus carefully before investing. Toews Funds are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. 2154-NLD-11162022