Fund Facts
*The Fund’s adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, until at least March 31, 2025, to ensure that total annual fund operating expenses after fee waiver and/or reimbursement (exclusive of any taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, fees and expenses associated with investments in other collective investment vehicles or derivative instruments, or extraordinary expenses such as litigation) will not exceed 1.50% and 1.25% for Class N and Institutional Class Shares, respectively. Acquired fund fees are estimated to be 0.01% and are included in the net total expense ratio. Please see the current prospectus for additional information.
Top Ten Fund Holdings
| Company | GICS Industry Group | Country | % of Assets |
| Hong Kong Exchanges and Clearing Ltd | Financial Services | HK | 4.11% |
| Grupo Financiero Galicia SA | Banks | Argentina | 3.67% |
| Dundee Corp | Financial Services | Canada | 3.55% |
| Jefferies Financial Group Inc | Financial Services | USA | 3.41% |
| Companhia Brasileira de Distribuicao SA | Consumer Staples Distr. | Brazil | 3.26% |
| Wheaton Precious Metals Corp | Materials | Canada | 3.18% |
| Hammerson PLC | Equity REITs | UK | 3.08% |
| Douglas Elliman Inc | Real Estate Mgmt. & Dev. | USA | 3.06% |
| ESR Group Ltd | Real Estate Mgmt. & Dev. | HK | 3.03% |
| Cromwell Property Group | Equity REITs | Australia | 2.99% |
| as of September 30, 2024 |
Country Weights (%)
| Canada | 23.18% |
| United Kingdom | 10.07% |
| United States | 8.73% |
| Hong Kong | 8.09% |
| Argentina | 7.73% |
| Brazil | 5.59% |
| India | 4.82% |
| Italy | 4.78% |
| Australia | 2.99% |
| South Africa | 2.94% |
| Bermuda | 2.44% |
| Other | 12.90% |
| Cash (net) | 5.74% |
| Total | 100.00% |
| as of September 30, 2024 |
GICS Industry Group Weights (%)
| Financial Services | 19.89% |
| Materials | 15.37% |
| Banks | 13.65% |
| Energy | 10.89% |
| Real Estate Mgmt. & Dev. | 7.05% |
| Equity REITs | 6.07% |
| Consumer Services | 4.22% |
| Insurance | 3.68% |
| Transportation | 3.43% |
| Consumer Staples Distrib. & Retail | 3.26% |
| Household & Personal Products | 2.33% |
| Other | 4.42% |
| Cash (net) | 5.74% |
| Total | 100.00% |
| as of September 30, 2024 |
Moerus Worldwide Value Fund (the Fund) is a series within the Northern Lights Fund Trust IV and is offered by prospectus only. Investors should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus is available on the Regulatory Resources page or by calling 1-844-MOERUS1. The prospectus should be read carefully before investing.
The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Investment return and principal value of the fund will fluctuate, and shares may be worth more or less than their original cost when redeemed.
Investing involves risk, including the possible loss of principal. Equity securities are subject to market, economic and business risks that may cause their prices to fluctuate. Investments made in small and mid-capitalization companies may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. Fund investments may be concentrated in a particular country geographic region, sector, industry, or group of industries, and the value of Fund shares may rise and fall more than more diversified funds. Foreign investing involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more developed countries. Frontier market countries generally have smaller economies and less developed capital markets than even traditional emerging markets, and, as a result, the risks of investing in emerging market countries are magnified in frontier market countries. Currency risk is the risk that the values of foreign investments may be affected by changes in the currency rates or exchange control regulations. Significant investments in cash or cash equivalents may run the risk that the value of the cash account, including interest, will not keep pace with inflation. Please see the prospectus for details of these and other risks.
The Moerus Worldwide Value Fund is distributed by Foreside Fund Services, LLC.
Mutual fund investing involves risks, including the potential loss of principal. There are no guarantees the investment strategies will be successful.