Princeton Adaptive Premium Fund - Class A · NASDAQ:PAPAX
Princeton Adaptive Premium Fund - Class A — Investor Presentation (March 2026)
17 slides from Princeton Adaptive Premium Fund - Class A's investor presentation, Mar 31, 2026
Slide 1: Striving to Take Advantage of the Difference Between Perceived and Real Risk
March 31, 2026 Striving to Take Advantage of the Difference Between Perceived and Real Risk in the Market 20260427-5431631
Slide 2: Fund Risk Disclosures
Fund Risk Disclosures Investors should carefully consider the investment objective, risks, charges and expenses of the Princeton Premium Fund. This and other information is contained in the prospectus and should be read carefully before investing. For a prospectus please call the Princeton Premium F
Slide 3: Perceived & Real Risk
Perceived & Real Risk Since 1990, for the S&P 500, the perceived risk in the market is higher than the real risk approximately 84% of the time. There are several factors that cause perceived risk to be higher than real risk a majority of the time: • Behavioral Biases • Economic Factors • Structural
Slide 4: S&P In Perspective
S&P 500 In Perspective Historically, The S&P 500 index is relatively stable week to week. The strategy is designed to take advantage of these facts: • Since January 1950 through March 2026, in 3,978 weeks, the market has had a weekly return worse than -5%, just 1.36% of the time (54 weeks). S&P 500
Slide 5: S&P In Perspective (continued)
S&P 500 In Perspective (continued) Histogram of Weekly S&P 500 Moves 01/1950 – 03/2026 1000 943 900 800 740 733 700 Number of Observations 600 512 500 400 337 300 253 200 127 105 100 61 57 14 19 30 3 2 1 3 3 9 10 9 1 0 3 0 3 0 (-12%, -11%] (-11%, -10%] (9%, 10%] < -12% (0%, 1%] (1%, 2%] (2%, 3%] (3%
Slide 6: Quantitative Foundation (continued)
Quantitative Foundation (continued) The Investment Process adjusts to market risk. As risk (volatility) increases, option contracts are written farther out of the money at the same probability of success. In both cases, puts are sold at what we believe are a 99.50% or higher probability of expiring
Slide 7: Quantitative Foundation (continued)
Quantitative Foundation (continued) Extra Trades are written further out-of-the money, for less premium. Extra Trades have a high probability (99.99%+) of expiring profitable. These trades typically collect less premium, but also do not get closed down as often as normal trades. Case 1: Volatility ≈
Slide 8: Quantitative & Qualitative Approach
Quantitative & Qualitative Approach A combination of quantitative and qualitative elements are utilized in the strategy: Quantitative Foundation Qualitative Refinement Calculation of the probability that a put option will expire Refinement (using historical data) in an attempt to worthless. minimize
Slide 9: Risk Management
Risk Management Risk Management Techniques utilized: • One for one protective puts are purchased in an effort to define risk. • Various strategies may be utilized in an attempt to hedge catastrophic market declines. • Position size is managed in an effort to control volatility. • Trading positions w
Slide 10: Portfolio Management
Portfolio Management The adviser will tactically allocate a specific amount of Fund capital to the strategy each week. • Approximately 30-35% to “normal” trades written at or above what the advisor calculates is a 99.50% probability • Approximately 60-65% to “extra” trades written at or above what t
Slide 11: Strategy Summary
Strategy Summary The Fund seeks to use high probabilities of success to generate profits regardless of market direction. “Extra” trades are written with a 99.99% or higher 99.99% probability of expiring profitable. 1 “Normal” Trades are written with a 99.5% or higher 99.5% probability of expiring pr
Slide 12: Fund Performance
Fund Performance Performance Since As of March 31, 2026¹ One Year Three Year Inception PAPIX Class I (NAV) 6.25% 5.53% 5.39% PAPAX Class A (NAV) 5.61% 4.47% 4.45% PAPAX Class A (Max Load) -0.51% 2.44% 2.71% S&P 500 Total Return Index 17.80% 18.32% 19.29% Bloomberg Barclays US Aggregate Bond Index 4.
Slide 13: Fund Facts
Fund Facts AIP/AWP & Share Investment Redemption Management Class Inception Ticker CUSIP Subsequent 12B-1 Fee Class Minimum* Fee Fee Structure Date Minimum A Share PAPIX 66538J4498 $2,500 $100 NONE 1.50% 5.75% Load* 0.25% 9/23/2022 I Share PAPAX 66538J4233 $100,000 $100 NONE 1.50% No Load None 9/23/
Slide 14: Management Team
Management Team Princeton Fund Advisors, LLC, together with its affiliates, manages approximately $10.0 billion of assets (as of 03/31/2026) for institutional and private clients worldwide. Princeton Fund Advisors, LLC is a Registered Investment Advisor (“RIA”) with the SEC. The firm’s three Investm
Slide 15: Princeton Fund Advisors Team
Princeton Fund Advisors Team Portfolio Managers: Greg D. Anderson, President, Chief Investment Officer Prior to founding Princeton Fund Advisors, LLC and its affiliated entities, Mr. Anderson was a Senior Vice President and Managing Director of Investment Manager Search, Evaluation, and Due Diligenc
Slide 16: Glossary
Glossary Important Information Diversification does not ensure a profit or guarantee against loss. Investing involves risk, including loss of principal. Past performance does not guarantee future results. There is no guarantee that the fund will meet its investment objectives or that the strategy wi
Slide 17: Contact Us
Contact Us Princeton Fund Advisors, LLC 1580 Lincoln Street Suite 680 Denver, CO 80203 855.897.5390 | Direct 303.382.2888 | Facsimile Info@PrincetonFundAdvisors.com | E-Mail There is no guarantee that this investment strategy will achieve its objectives, goals, generate positive returns, or avoid lo
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