Business Insider Interview with Salem: Part 1

James Faris at Business Insider interviews Salem to get his take on investing strategies for the bear market. Click the button above to read Salem’s insights, or click this link:

The fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling (806) 323-8000, or visiting Read it carefully before investing.  

Mutual fund investing involves risk; Principal loss is possible. Investments in debt securities involve credit risk and typically decrease in value when interest rates rise. Investments in lower-rated and non-rated securities involve greater risk. Investments in foreign securities involve political, economic, and currency risks, greater volatility, and differences in accounting methods. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management, and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. The Fund may use leverage which may cause the effect of an increase or decrease in the value of the portfolio securities to be magnified and the Fund to be more volatile than if leverage was not used. The Fund invests in small and mid-cap companies, which involve additional risks such as limited liability and greater volatility than large-cap companies. Investments related to gold are considered speculative and are affected by a variety of worldwide economic, financial, and political factors. The price of gold may fluctuate sharply over short periods of time, even during periods of rising prices. Full descriptions of risk factors can be found in the fund's prospectus.

Opinions expressed are subject to change, are not intended to be a forecast of future events, a guarantee of future results, nor investment advice. Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security. References to other investment companies should not be construed as a recommendation to buy or sell the securities.The Morningstar percentile ranking is based on the fund’s total-return percentile rank relative to all funds that have the same category for the same time period. Top holdings can be found in the Fund’s Semi-Annual Report at this link: The highest (or most favorable) percentile rank is 1%, and the lowest (or less favorable) percentile rank is 100%. The Fund’s Class K Shares (FORKX) ranked in the top 3% for the 1 year period and top 10% for the 3 year period against 747  funds and 703  funds, respectively, as of 04/31/22. These funds are in the Allocation–50% to 70% Equity Index. 

Before you invest in the Abraham Fortress Fund, please refer to the summary or statutory prospectus for important information about the investment company, including investment objectives, risks, charges, and expenses. You may also obtain a hard copy of the prospectus by calling (806) 323-8000. The prospectus should be read carefully before you invest.

Past performance is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted. For the most recent month-end performance information, please visit our website at Click here for standardized performance.

The Abraham Fortress Fund is distributed by IMST Distributors, LLC. 

Photo by Steve Adams

Subscribe for the latest updates.

By providing your email, you will receive our email updates.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Office Locations

Have questions? Let's connect.

Contact Us

Subscribe for the latest updates.

By subscribing, you will receive our email updates.
Thank you! You have been subscribed!
Oops! Something went wrong while submitting the form.