Alright, imagine you have a big bag of candies. You want to know which bag is the best, so you watch how many candies are eaten from each bag over a year.

The bag that has given away the most candies in that year is the winner! But remember, this doesn't mean it was the healthiest or tasted the best, just that it gave out the most. That's similar to what this story is talking about, but with money instead of candies and bags. Read from source...

Based on the provided text, here are some potential aspects an article's critic might point out:

1. **Inconsistencies**:
- The press release from Advisors Preferred claims that "there is no guarantee the funds will achieve their investment objectives," while the article title and content suggest a high level of certainty about future performance.
- The fund was ranked #1 based on historical performance, but there's no guarantee this will continue in the future.

2. **Biases**:
- The article might be biased towards promoting the fund due to its Morningstar ranking. It could benefit from providing more well-rounded information, including potential risks and challenges.
- There is no mention of any other funds or comparison in the category, which could indicate a bias in favor of the fund in question.

3. **Rational arguments**:
- Critics might argue that past performance is not indicative of future results. Therefore, while a #1 ranking is notable, it should not be the sole consideration for investors.
- They might also point out that Morningstar's category definitions could vary, and comparing apples-to-apples may not be straightforward.

4. **Emotional behavior**:
- The use of superlatives like "top", "ranked #1", especially in headlines, might appeal to people's emotions rather than encouraging a rational evaluation of the fund.
- Critics could argue that focusing solely on this ranking might lead investors to make emotional decisions rather than thorough, informed ones.

5. **Lack of context**:
- The article does not provide much context about Morningstar's methodology for rankings or how other funds in the category performed.
- It also does not discuss the broader market trends or economic indicators that could impact the fund's performance.

6. **Potential conflicts of interest**:
- The source is Advisors Preferred, which stands to benefit from promoting this ranking. This could potentially raise questions about objectivity.

Based on the provided press release, here's a comprehensive analysis of the Dynamic Alpha Macro Fund (the "Fund"), including its objectives, risk factors, and recent performance ranking. Please remember that investing involves risks, and it's essential to carefully consider these factors before making any investment decisions.

**1. Investment Objectives:**
- The Fund aims to provide long-term capital appreciation by investing in a diversified portfolio of equity securities (primarily U.S. stocks) and derivatives, such as futures contracts.
- It seeks exposure across various market capitalizations, sectors, and styles, with an emphasis on companies positioned for strong earnings growth.

**2. Risk Factors:**

* **Management Risk:** The Fund's performance is heavily influenced by the investment decisions made by its portfolio manager(s).
* **Equity Securities Risk:** Investing in stocks exposes investors to the fluctuating prices and performance of individual companies.
* **Futures Risk:** Derivatives, like futures contracts, are complex financial instruments with unique features that can increase both gains and losses.
* **ETF Risk:** Exchange-Traded Funds (ETFs) may be subject to risks similar to those of the underlying securities they hold. Additionally, ETFs may have higher expenses than traditional mutual funds.
* **Market Risk:** The entire stock market can experience declines, which could affect the Fund's performance negatively.
* **No History of Operations Risk:** As a new fund, it has not yet developed a track record that investors can assess.
* **Short Position Risk:** Using short positions to profit from declining stock prices exposes investors to amplified losses if those stocks instead rise in value.
* **Small and Medium Capitalization Stock Risk:** Concentrating on smaller companies may result in greater price volatility and lower liquidity.
* **Taxation Risk:** The Fund's income is subject to federal, state, and local taxes. Any distributions received by shareholders will also be taxed.
* **Turnover Risk:** High portfolio turnover can lead to increased transaction costs and potential capital gains tax implications.
* **Wholly Owned Subsidiary Risk:** The sponsor and/or administrator of the Fund is an affiliate of a wholly-owned subsidiary of the distributor, which presents potential conflicts of interest.

**3. Recent Performance:**
- As of December 31, 2024, the Fund ranked #1 in the Morningstar Macro Trading category out of 60 funds for the 1-year period based on total returns.
- It's essential to note that past performance is not indicative of future results.

**4. Additional Information:**
- There are no guarantees that the Fund will achieve its investment objectives or generate profits.
- Diversification does not ensure a profit or protect against losses in declining financial markets.
- Interested investors should carefully read the Fund's prospectus, which contains more detailed information about risks, fees, and expenses.

**5. Contact Information:**
Brian Humphrey
Advisors Preferred
240-223-1965
bhumphrey@cerosfs.com