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Women in Asset Management Awards Shortlists Ocean Park's Terri Spath in Systematic Category
[August 20, 2019]

Women in Asset Management Awards Shortlists Ocean Park's Terri Spath in Systematic Category


Women in Asset Management New York, an inaugural awards series recognizing the outstanding innovation achieved by women in the world of asset management, has shortlisted Terri Spath, CIO at Ocean Park Asset Management, a Santa Monica-based asset management firm, in the Systematic category. The awards ceremony announcing the 2019 winners in 15 different categories will take place at the Cipriani restaurant on 42nd Street in New York City on September 12, 2019.

"Everyone at Ocean Park is delighted to see Terri recognized for the impact she has had within the industry and at our firm in particular. We'll be watching and supporting her and all the other top notch professionals who have been shortlisted when the winners are chosen in September," said Ken Sleeper, Ocean Park principal and co-founder.

Terri Spath is one of seven women shortlisted in the Systematic category, which honors "a woman who has played a leading role within the sphere of systematic investing either at an asset manager, a rating agency/fund research company."

"I couldn't be happier to be counted among these incredible women whose contributions continue to shape the industry," said Ms. Spath. "It is because of their work that the asset management industry will continue to evolve, and honoring the achievements of women is crucial to improving the industry and elevating future generations of capable and effective women in asset management."

The Women in Asset Management Awards aims to shine a light on women who are paving the way for gender parity.

A disheartening imbalnce of women at senior-level positions within the U.S. investment industry is visible more than ever in 2019. A recent study by Catalyst, a New York-based non-profit focused on women's inclusion in the workplace, found that women hold just 16.1 percent of executive and senior-level positions. According to the Wall Street Journal and data provider Morningstar only seven percent of investment managers in the $15 trillion U.S. mutual-fund industry in 2015 were female, down from 10 percent in 2009. The inaugural Women in Asset Management Awards will act as a flagship and high-profile platform for the asset management industry's wide-reaching diversity efforts by honoring deserving women in a variety of categories.



Ocean Park has long been a thought leader in tactical management with an emphasis on risk mitigation. The term "absolute return" is a relatively recent one, but starting in the mid-1980s, Ocean Park independently developed an absolute return philosophy, and several strategies to apply that. The firm is focused on helping retirees and other conservative investors preserve and grow their wealth.

About Ocean Park Asset Management


Since 1988 it has been Ocean Park's goal to helping retirees and other conservative investors preserve and grow their wealth. Through the years, Ocean Park has fine-tuned an investment approach specifically designed to limit downside risk and to provide returns that conservative investors would deem satisfying, by reflecting Ocean Park's current market and manager views. Using decades of strategic research and demonstrated risk management disciplines, Ocean Park strives to help clients of financial advisors meet their specific investment goals.

Past performance does not guarantee future results and there is no assurance that any investment strategy will achieve its investment objective. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Ocean Park Mutual Funds. This and other information about the funds is contained in the prospectuses and should be read carefully before investing. The prospectus can be obtained on our website www.Ocean Parkmutualfunds.com or by calling toll free 1-800-729-1467. The Ocean Park Mutual Funds are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC.

Neither Ocean Park Investment Management, Inc. nor Wright Fund Management LLC are affiliated with Northern Lights Distributors, LLC

Alpha gauges the performance of an investment against a market index or benchmark which is considered to represent the market's movement as a whole. The excess return of an investment relative to the return of a benchmark index is the investment's alpha.

Drawdown, calculated at month end, is an indicator of the risk of a portfolio chosen based on a certain strategy. It measures the largest single drop from peak to bottom in the value of a portfolio (before a new peak is achieved).

Underlying Funds may invest in foreign emerging market countries that may have relatively unstable governments, weaker economies, and less-developed legal systems, which do not protect investors. In general, the price of a fixed income security falls when interest rates rise. Any strategy that includes inverse securities could cause the Fund to suffer significant losses. Underlying Fund investments in lower-quality bonds, known as high-yield or junk bonds, present greater risk than bonds of higher quality. Municipal securities are subject to the risk that legislature changes and economic developments may adversely affect the value of the Fund's investments. REIT risks include declines from deteriorating economic conditions, changes in property value, and defaults by borrower. Underlying Funds that own small and mid-capitalization companies may be more vulnerable than larger, more established organizations to adverse business or economic developments. In some instances it may be less expensive for an investor to invest in the Underlying Funds directly.

5430-NLD-12/31/2018


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