Fund Facts

The Fund’s adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, until at least March 31, 2025, to ensure that total annual fund operating expenses after fee waiver and/or reimbursement (exclusive of any taxes, brokerage fees and commissions, borrowing costs, acquired fund fees and expenses, fees and expenses associated with investments in other collective investment vehicles or derivative instruments, or extraordinary expenses such as litigation) will not exceed 1.50% and 1.25% for Class N and Institutional Class Shares, respectively.

Top Ten Fund Holdings

Company GICS Industry Group Country % of Assets Corp Consumer Services Argentina 5.04%
Hammerson PLC Equity REITs UK 3.64%
Grupo Financiero Galicia SA Banks Argentina 3.62%
International Petroleum Corp Energy Canada 3.56%
Natura &Co Holding SA  Household & Personal Products Brazil 3.44%
Tidewater Inc Energy USA 3.19%
Conduit Holdings Ltd Insurance Bermuda 3.12%
Turkiye Sigorta AS Insurance Turkey 3.05%
Teck Resources Ltd Materials Canada 2.99%
LATAM Airlines Group SA Transportation Chile 2.91%
as of March 31, 2024

Country Weights (%)

Canada 27.31%
Argentina 10.75%
United States 9.94%
United Kingdom 8.17%
Brazil 5.91%
India 5.25%
Italy 4.99%
Bermuda 3.12%
Turkey 3.05%
Chile 2.91%
Australia 2.86%
Other 13.18%
Cash 2.57%
Total 100.00%
as of March 31, 2024

GICS Industry Group Weights (%)

Energy 15.99%
Banks 14.66%
Materials 13.63%
Financial Services 13.56%
Consumer Services 7.48%
Equity REITs 6.50%
Insurance 6.17%
Household & Personal Products 5.51%
Transportation 4.42%
Real Estate Management & Devel 4.34%
Capital Goods 2.69%
Consumer Staples Distribution 2.48%
Cash 2.57%
Total 100.00%
as of March 31, 2024

Moerus Worldwide Value Fund (the Fund) is a series within the Northern Lights Fund Trust IV and is offered by prospectus only. Investors should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus is available on the Regulatory Resources page or by calling 1-844-MOERUS1. The prospectus should be read carefully before investing.

The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Investment return and principal value of the fund will fluctuate, and shares may be worth more or less than their original cost when redeemed.

Investing involves risk, including the possible loss of principal. Equity securities are subject to market, economic and business risks that may cause their prices to fluctuate. Investments made in small and mid-capitalization companies may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. Fund investments may be concentrated in a particular country geographic region, sector, industry, or group of industries, and the value of Fund shares may rise and fall more than more diversified funds. Foreign investing involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more developed countries. Frontier market countries generally have smaller economies and less developed capital markets than even traditional emerging markets, and, as a result, the risks of investing in emerging market countries are magnified in frontier market countries. Currency risk is the risk that the values of foreign investments may be affected by changes in the currency rates or exchange control regulations. Significant investments in cash or cash equivalents may run the risk that the value of the cash account, including interest, will not keep pace with inflation. Please see the prospectus for details of these and other risks.

The Moerus Worldwide Value Fund is distributed by Foreside Fund Services, LLC.

Mutual fund investing involves risks, including the potential loss of principal. There are no guarantees the investment strategies will be successful.