Author Archives: Nate Barksdale

  1. Eventide Asset Management Wins 2022 Refinitiv Lipper Fund Award

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    BOSTON, March 10, 2022 — Eventide is pleased to announce that it is being honored with a 2022 Refinitiv Lipper Fund Award in the United States.

    The following Eventide Fund is being recognized for its consistently strong, risk-adjusted performance relative to its peers over the given time frame:

    • Eventide Dividend Opportunities Fund (NASDAQ: ETIDX), Best Equity Income Fund Over 3 Years.

    For more than 30 years, Refinitiv Lipper Fund Awards have sought to reflect a truly independent and uncompromised assessment of performance. Lipper uses independent fund data and a proprietary methodology that balances consistency and flexibility to adapt to an ever-changing universe of funds. Receiving a Refinitiv Lipper Fund Award is indeed an honor for an investment firm.

    “At Eventide, we have an organizational mission to develop quality investment products that serve the common good,” said Robin John, CEO of Eventide. “We feel humbled and honored to receive this award from Lipper for the three-year performance of the Eventide Dividend Opportunities Fund.”

    Eventide manages seven funds across different asset classes with varying risk and return profiles. They use an approach that seeks to invest in companies that they believe will be successful because they are adding value to society—an approach they refer to as Investing that makes the world rejoice®.

    Dolores Bamford, CFA, the Fund’s Senior Portfolio Manager, said this in regard to the award: “Recognition from an industry organization like Lipper reinforces our investment thesis, which posits that investing with the conscious intention of creating value for society is a well-founded approach that can create long-term value for our shareholders too.”

    Eventide Funds are managed by Eventide Asset Management, LLC, a Boston-based investment adviser that seeks to provide high performance by investing in companies that create compelling value for their customers, employees, supply chain, host communities, the environment, and society broadly.

    Important Information

    The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60, and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.

    There is no guarantee that the Fund will meet its objectives.

    Mutual funds involve risk including the possible loss of principal. Past performance does not guarantee future results.

    Awards Methodology

    The merit of the winners is based on objective, quantitative criteria. The influential and prestigious Refinitiv Lipper Fund Awards are based on our Lipper Leaders Rating for Consistent Return. Individual classifications of three, five, and 10-year periods, as well as fund families with high average scores for the three-year period, are also recognized. The awards are based on Refinitiv Lipper’s proven proprietary methodology, which can be viewed here.

    Investors should consider a fund’s investment objectives, risks, charges, and expenses carefully before investing or sending money. This and other important information can be found in the prospectus, which can be obtained at www.eventidefunds.com or by calling 1-877-771-EVEN (3836). Please read the prospectus carefully before investing. Eventide Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC, which is not affiliated with Eventide Asset Management, LLC.

    Fund Contact:
    Harry Nelson 877-771-EVEN (3836)

    9133-NLD 03/10/2022

  2. Alert – Business Continuity Test 2021

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    Business Continuity Plan Annual Test — In the event of a service disruption, relevant information will be posted here.   Learn moreEventide Funds are a product of  Eventide Asset Management  

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  3. Eventide’s Business Continuity Plan

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    You are seeing this message as part of a regularly scheduled test.

    Eventide Asset Management, LLC has developed a business continuity plan addressing how we will respond to events that significantly disrupt our business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption. Significant business disruptions can vary in their scope, from impacting one of our locations to having an impact on multiple locations. Within each of these locations, the severity of the disruption can also vary from minimal to severe. In a disruption to only one location, we plan to transfer our operations to a different location when needed and expect to recover and resume business within a few hours. In a disruption affecting a specific region, we plan to transfer our operations to a site outside of the affected area, and recover and resume business within a couple of hours. In either situation, we plan to continue business operations and provide necessary updates through this website.

    If you have questions about our business continuity planning, you can contact us at info@eventidefunds.com

  4. Eventide Asset Management, LLC Awarded ‘Best Places to Work’ in Pensions & Investments’ 2021 Best Places to Work in Money Management Awards

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    NEW YORK, Dec. 14, 2021 — Eventide Asset Management, LLC, awarded Best Places to Work in the 50-99 employees category in the 2021 Best Places to Work in Money Management awards announced by Pensions & Investments today.

    Presented by Pensions & Investments, the global news source of money management, the 10th-annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.

    Eventide’s culture is animated by its core values of family spirit—feeling secure and valued and excellence—aspiring to pursue meaningful goals and integrity—applying the same values in every aspect of the company’s mission and operations.

    “Now in its 10th year, P&I‘s Best Places to Work in Money Management spotlights the unique ways that employers build healthy and thriving work cultures,” said Executive Editor Julie Tatge. “This year was no different. The 100 firms profiled in our Dec. 13 issue grappled with myriad challenges posed by the pandemic and met them, helping ensure that their employees felt supported and able to do their best work.”

    “The well-being of our employees is what keeps me up at night,” said Robin John, CEO of Eventide. “We have been very intentional about creating a culture that emulates our values. A big part of our hiring process is hiring people that believe in our mission because we understand how a common mission creates a strong internal bond, making it natural to care for and encourage each other.”

    Pensions & Investments partnered with Best Companies Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees.

    The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies.

    For a complete list of the 2021 Pensions & Investments‘ Best Places to Work in Money Management winners and write-ups, go to www.pionline.com/BPTW2021.

    About Eventide Asset Management

    Eventide Asset Management, LLC, is a Boston-based investment adviser pursuing “investing that makes the world rejoice®.” Founded in 2008, Eventide’s vision is to serve individuals, financial advisors, and institutions by seeking to provide high-performing investments that they believe create compelling value for the global common good.

    About Pensions & Investments

    Pensions & Investments, owned by Crain Communications Inc., is the 49-year-old global news source of money management. P&I is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations, and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses. Visit us at www.pionline.com

    Important Risk Information
    This communication is provided for informational purposes only. There is no guarantee that any investment strategy will achieve its objectives, generate profits, or avoid losses. Eventide’s values-based approach to investing may not produce desired results and could result in underperformance compared with other investments. Any reference to Eventide’s Business 360® approach is provided for illustrative purposes only and indicates a general framework of guiding principles that inform Eventide’s overall research process. Investing involves risk including the possible loss of principal. Past performance does not guarantee future results.

    Firm Contact:
    Harry Nelson 877-771-EVEN (3836)

  5. Eventide Asset Management Announces Promotion of Anant Goel, Joy Ghosh, and Andrew Singer to Portfolio Managers

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    BOSTON, Dec. 10, 2021 — Eventide Asset Management is pleased to announce the promotion of Anant Goel, Joy Ghosh, and Andrew Singer into portfolio management roles within the firm. The promotions will provide additional oversight for the positioning and strategy implementation of several Eventide Funds in collaboration with the Senior Portfolio Managers/co-CIOs Dr. Finny Kuruvilla, MD, PhD, and Ms. Dolores Bamford, CFA. “Each of these individuals brings an impressive background as well as an intuitive understanding of Eventide’s mission and values. Adding them as portfolio managers will reinforce our robust team structure and will be a great value for our shareholders,” Ms. Bamford said of the promotions.

    “It is a central part of our long-term strategy at Eventide to hire and mentor uniquely talented people and then to empower them with leadership roles that align with their gifts and track record,” commented Dr. Kuruvilla. “Anant, Joy, and Andrew have each proven that they are dedicated to pursuing our high standard of excellence, and I am thrilled to add them as portfolio managers.”

    Anant Goel is being promoted to Portfolio Manager of the Eventide Gilead Fund alongside Senior Portfolio Manager Finny Kuruvilla, MD, PhD. Mr. Goel currently serves as Portfolio Manager of Eventide Exponential Technologies Fund and Senior Research Analyst for Eventide Gilead Fund. His new position is effective January 1, 2022.

    “I have long been impressed with Anant’s intuition and unique perspective on the markets, portfolio positioning, and security selection,” Dr. Kuruvilla said of Goel’s promotion. “He has been a tremendous asset to the Eventide Gilead Fund as a senior research analyst and has proven to be an excellent leader, managing the Eventide Exponential Technologies Fund.”

    Goel has served on Eventide’s investment team as a research analyst since joining the firm in 2016, leading its technology-focused research. In 2015, during his MBA program, he worked at Adage Capital Management, a long-short hedge fund. From 2011-2014, he served as an Analyst for NewQuest Capital Partners, a Private Equity firm in Hong Kong, where he was responsible for evaluating new investment opportunities for funds across Asia.

    Mr. Goel holds an MBA from the MIT Sloan School of Management and a Bachelor of Science (HONS) from the University of Warwick, UK, in Economics.

    Joy Ghosh, PhD, is being promoted to Portfolio Manager of the Eventide Healthcare & Life Sciences Fund alongside Senior Portfolio Manager Finny Kuruvilla, MD, PhD. Dr. Ghosh currently serves as Senior Research Analyst for Eventide. His new position is effective January 1, 2022.

    “Eventide’s approach in the Healthcare and Life Sciences Fund requires the unique perspective of an individual with deep knowledge of both the underlying science driving biotech innovation and the capital markets that fund its growth,” Dr. Kuruvilla said of Dr. Ghosh’s promotion. “Joy brings an impressive background as both a scientist and investor. His leadership as Portfolio Manager should position the Fund well for many years to come.”

    Dr. Ghosh has a cross-disciplinary background in biopharma/biotech R&D, business development/M&A, and healthcare investing. Prior to joining Eventide, from 2017-2020, he was an Associate and then Vice President at Bain Capital for their Life Sciences Fund. From 2016-2017, he was a Senior Manager at Biogen. From 2009-2016, he was an Investigator at the Novartis Institutes of Biomedical Research. Prior to Novartis, he was a postdoctoral scientist at Brigham and Women’s Hospital/Harvard Medical School and Boston University School of Medicine.

    Dr. Ghosh holds a PhD from the University of Washington, Seattle, in Biomolecular Structure and Design and a bachelor’s degree in Biochemistry from the University of Texas at Austin.

    Andrew Singer, CFA is being promoted to Portfolio Manager of the Eventide Dividend Opportunities Fund alongside Senior Portfolio Manager Dolores Bamford, CFA. Mr. Singer currently serves as Associate Portfolio Manager of Eventide Dividend Opportunities Fund. His new position is effective January 1, 2022.

    “Andrew has been a thought leader and key contributor to Eventide’s investment team predating the Eventide Dividend Opportunity Fund’s inception,” Ms. Bamford said of Singer’s promotion. “I have leaned heavily on his insight and veteran perspective on key industries, company fundamentals, and valuation analysis. His promotion to Portfolio Manager will formalize his position as partner in the leadership of the Fund’s ongoing management.”

    Prior to joining Eventide, Mr. Singer held investment analyst positions at Credit Suisse, BlackRock, and John Hancock, where he focused on small- and mid-cap equities across a variety of sectors. He has a bachelor’s degree in Quantitative Economics from Tufts University and an MBA from Babson College. He holds the Chartered Financial Analyst designation and is a member of the CFA Society Boston and CFA Institute.

    Eventide Asset Management, LLC, is a Boston-based investment adviser pursuing “investing that makes the world rejoice®.” Founded in 2008, Eventide’s vision is to serve individuals, financial advisors, and institutions by seeking to provide high-performing investments that they believe create compelling value for the global common good.

    Mutual funds involve risk including the possible loss of principal. Past performance does not guarantee future results. There is no guarantee that the funds will meet their objectives. The funds’ ethical values screening criteria could cause them to underperform similar funds that do not have such screening criteria.

    Important Risk Information

    The Gilead Fund can invest in smaller-sized companies, which may experience higher failure rates than larger companies and normally have a lower trading volume than larger companies. The Fund can have risk associated with the biotechnology and pharmaceutical industry in which these companies may be heavily dependent on clinical trials with uncertain outcomes and decisions made by the U.S. Food and Drug Administration. Companies in the technology industries have different risks including but not limited to products becoming obsolete, and entrance of competing products. Companies in the Industrial Sector carry various risks including, but not limited to, risk related to debt loads, intense competition, and sensitivity to economic cycles. The Fund can have risk related to option investing. There are special risks associated with investments in foreign companies including exposure to currency fluctuations, less efficient trading markets, political instability and differing auditing and legal standards. The Fund can invest in private companies. Private investments include various risks including but not limited to lack of liquidity, capital commitment risk, and valuation risk. Private companies may not be financially profitable and have uncertain futures, subjecting them to additional risks.

    The Eventide Healthcare & Life Sciences Fund can invest in smaller-sized companies, which may experience higher failure rates than larger companies and normally have a lower trading volume than larger companies. The Fund can have risk associated with the biotechnology and pharmaceutical industry in which these companies may be heavily dependent on clinical trials with uncertain outcomes and decisions made by the U.S. Food and Drug Administration. The Fund can have risk related to option investing. There are special risks associated with investments in foreign companies including exposure to currency fluctuations, less efficient trading markets, political instability and differing auditing and legal standards. The Fund can invest in private companies. Private investments include various risks including but not limited to lack of liquidity, capital commitment risk, and valuation risk. Private companies may not be financially profitable and have uncertain futures, subjecting them to additional risks.

    The Eventide Dividend Opportunities Fund can have risk related to option investing. Companies in the Utilities sector are subject to interest rate risk and cash flow risk. Companies in the technology industries have different risks including but not limited to products becoming obsolete, and entrance of competing products. Companies in the Industrial Sector carry various risks including, but not limited to, risk related to debt loads, intense competition, and sensitivity to economic cycles. The Fund can invest in smaller-sized companies which may experience higher failure rates than larger companies and normally have a lower trading volume than larger companies. There are unique risks associated with convertible securities, foreign securities, hedging, MLPs, preferred stocks, REITs, securities, and yieldcos that are covered in the Fund’s prospectus and SAI.

    Investors should consider a fund’s investment objectives, risks, charges, and expenses carefully before investing or sending money. This and other important information can be found in the prospectus, which can be obtained at www.eventidefunds.com or by calling 1-877-771-EVEN (3836). Please read the prospectus carefully before investing. Eventide Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC, which is not affiliated with Eventide Asset Management, LLC.

    Firm Contact:
    Harry Nelson 877-771-EVEN (3836)

    7405-NLD-11122021

  6. Eventide Asset Management Announces Promotion of Dolores Bamford to Co-Chief Investment Officer

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    BOSTON, MA (September 3, 2021) – Eventide Asset Management is pleased to announce the promotion of Dolores Bamford, CFA, to co-Chief Investment Officer alongside current Chief Investment Officer, Finny Kuruvilla, MD, PhD. Ms. Bamford currently serves as Director of Investment Research, and her new position will be effective October 1st, 2021.

    Ms. Bamford’s promotion will provide further organizational and operational leadership to Eventide’s growing investment team, enabling Dr. Kuruvilla to continue his deep focus on investing and strategic leadership of the investment team.

    Robin John, CEO of Eventide Asset Management, commented in regards to the promotion, “Dolores came to Eventide with experience managing multiple investment teams in her career and has proven her value as a strong leader and mentor at Eventide over the past several years.” John continued, “She brings deep insight and has already contributed to building a strong culture within the team that aligns with Eventide’s values.”

    Dr. Finny Kuruvilla, who will serve as co-Chief Investment Officer, said of Bamford’s new role, “Dolores’ new role as co-CIO will benefit the entire organization. Her strong commitment to our mission along with her acumen and experience makes her the ideal person for this position.”

    Eventide Asset Management, LLC, is a Boston-based investment adviser pursuing “investing that makes the world rejoice®.” Founded in 2008, Eventide’s vision is to serve individuals, financial advisors, and institutions by seeking to provide high-performing investments that they believe create compelling value for the global common good.

    Investors should consider a fund’s investment objectives, risks, charges, and expenses carefully before investing or sending money. This and other important information can be found in the prospectus, which can be obtained at www.eventidefunds.com or by calling 1-877-771-EVEN (3836). Please read the prospectus carefully before investing. Eventide Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC, which is not affiliated with Eventide Asset Management, LLC.

    Firm Contact:
    Harry Nelson 877-771-EVEN (3836)
    7179-NLD-09092021

  7. Eventide Announces Promotion of Harry Nelson to Chief Operating Officer

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    BOSTON, MA (May 7, 2021) – Eventide is pleased to announce the promotion of Harry Nelson to Chief Operating Officer from his current position of Director of Distribution for Eventide. As Chief Operating Officer, he is responsible for leading Eventide’s corporate performance and operations as well as several business development functions, including managing the relationships between Eventide and intermediaries.

    Prior to joining Eventide in 2017, Mr. Nelson was President of GuideStone Capital Management, LLC. Before that, he served in business development roles at GuideStone and Golden Capital Management. He holds the Certified Investment Management Analyst certification administered by Investment Management Consultants Association and taught, in conjunction with the Wharton School of Business, at the University of Pennsylvania. He earned a B.A. in Political Science from The Citadel and a M.A. in Leadership from Dallas Baptist University.

    “Harry has become a cross-departmental leader within the company and has proven his ability to bring strong organization and strategy to the entire team,” said Robin John, CEO of Eventide Asset Management. “It is important to have a dedicated Chief Operating Officer as we continue to grow and seek to serve our clients with excellence. Harry’s passion for our mission, natural leadership skills, industry knowledge, and demonstrable results made him the right choice to assume this role as we enter our next exciting season.”

    Eventide manages seven funds across different asset classes with varying risk and return profiles and uses an approach that seeks to invest in companies that are believed to be successful because they are adding value to society—an approach referred to as Investing that makes the world rejoice®.

    Eventide Funds are managed by Eventide Asset Management, LLC, a Boston-based investment adviser that seeks to provide high performance by investing in companies that create compelling value for their customers, employees, supply chain, host communities, the environment, and society broadly.

    Investors should consider a fund’s investment objectives, risks, charges, and expenses carefully before investing or sending money. This and other important information can be found in the prospectus, which can be obtained at www.eventidefunds.com or by calling 1-877-771-EVEN (3836). Please read the prospectus carefully before investing. Eventide Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC, which is not affiliated with Eventide Asset Management, LLC.

    Fund Contact:
    Sherrie Johnson Smith, 877-771-EVEN (3836)

    4787-NLD-5/6/2021

Mutual funds involve risk including the possible loss of principal. Past performance does not guarantee future results. The Funds’ ethical values screening criteria could cause them to under-perform similar funds that do not have such screening criteria.

Investors should consider a fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information can be found in the prospectus, which can be obtained at https://www.eventidefunds.com/prospectus or by calling 1-877-771-EVEN (3836). Please read the prospectus carefully before investing. Eventide Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC, which is not affiliated with Eventide Asset Management, LLC.

4787-NLD-5/6/2021