Fulcrum Diversified Absolute Return

Fulcrum Diversified Absolute Return Fund NAV:


Fulcrum Diversified Absolute Return (FARIX) is a liquid absolute return strategy that aims to produce long-term absolute returns in all market conditions over rolling five-year periods, with lower volatility than equity markets and in excess of inflation.


Investments are sought with a focus on liquidity and are multi-asset in nature, diversified across equity, fixed income, currency, and commodity markets globally.

It is offered as a ’40 Act mutual fund with daily liquidity.

About us

Founded in 2004, Fulcrum Asset Management is an independently owned investment management company and the Advisor to the Fulcrum Diversified Absolute Return Fund. Our clients include institutions, pension funds, foundations, endowments, wealth managers, and high-net-worth individuals.

Our disciplined investment process is driven by an experienced and stable senior team, who have complementary strengths and are supported by a team of over 30 investment professionals, including 12 PhDs.

Headquartered in London with additional offices in New York & Tokyo, Fulcrum has over 90 employees, 15 of whom are partners and own the firm.




2022 Fulcrum Estimated Distribution Information

US DAR Q2 2023

US DAR Q1 2023

US DAR Q4 2022

US DAR Q3 2022

Annual Report 06/30/23

Semi-Annual Report 12/31/22

Quarterly Holdings 03/31/23

Quarterly Holdings 09/30/22


What to do When Bonds do not Diversify

The Role of DAR in a Client Portfolio

Central Banks Abandon Frameworks - GD Blog

Huge Real Monetary Shock - GD Blog

Don't Bet the Ranch

How Much Cash Should a Long-Term Portfolio Hold? (07/04/23)

Is a Global Recession Likely in 2023?


Schedule of Investments 3.31.22

Schedule of Investments 9.30.21

ROTH IRA Disclosure

Traditional IRA Disclosure

Fulcrum Funds Non-Qualified of Assets

Fulcrum Funds Simple IRA NBO


Summary Prospectus



IRA & Roth Application

Account Application TOD

Fulcrum Fund ESA Application

Fulcrum Funds IRA FNBO Form


Fulcrum Climate Aligned in DAR DCAR (08/10/23)

Money Life with Chuck Jaffe Fulcrum's Paul Seaton: The stock market has gotten ahead of itself. (06/06/23)

Fulcrum Asset Management's Paul Seaton sits down with InvestmentNews anchor Gregg Greenberg to explain why a Macro investment strategy is ideal for the current market environment (04/12/23)

The thoughts and opinions expressed in the discussion are solely those of the speaker. Any discussion of individual companies should not be considered a recommendation of such companies by the Fund’s investment adviser. The discussion is designed to provide a viewer with an understanding of how the Fund’s investment adviser manages the Fund’s portfolio.

Recent News

29 September, 2022

60/40 no longer suitable according to professional investors

40% of professional investors believe the traditional 60/40 portfolio is no longer suitable, according to a survey of professional investors by Fulcrum Asset Management. A further 24% believed that the strategy “needs to be reviewed”, while in contrast 36% believed it still had a strong future.
16 December, 2021

Podcast with Gavyn Davies on Inflation – December 2021

In this 20 minute podcast, our Chairman, Gavyn Davies provides a fascinating insight into the hot topic of inflation - touching upon the past, present and future.
Load More

Sign up to recieve our factsheet and latest research

* Mandatory Fields 

Important Information

Diversification does not assure a profit nor protect against loss in a declining market.


The Fund is offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Investors should read and consider a fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the investment company. To obtain a hardcopy of the fund’s prospectus, please call 855-538-5278.

Mutual fund investing involves risk. Principal loss is possible. Absolute return strategies are not designed to outperform stocks and bonds during strong market rallies. Exposure to the commodities markets may subject the Fund to greater volatility than investments in traditional securities. The value of commodity-linked derivative investments may be affected by changes in overall market movements, commodity index volatility, changes in interest rates, or sectors affecting a particular industry or commodity, such as drought, floods, weather, embargoes, tariffs and international economic, political and regulatory developments. Derivatives involve special risks including correlation, counterparty, liquidity, operational, accounting and tax risks. These risks, in certain cases, may be greater than the risks presented by more traditional investments. The fund may use leverage which may exaggerate the effect of any increase or decrease in the value of portfolio securities or the Net Asset Value of the fund, and money borrowed will be subject to interest costs. The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater in emerging markets. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities.


The Fulcrum Diversified Absolute Return Fund is distributed by Northern Lights Distributors, LLC.


© Fulcrum Asset Management. 2023. All Rights Reserved. All third party trademarks are hereby acknowledged.