April 2023 – Michael Campagna joins The Money Life Podcast with Chuck Jaffe at the Morningstar Investment Conference

Michael Campagna
Research Analyst and Co-Founding Partner
Michael Campagna sat down with Chuck Jaffe for the Money Life Podcast at the 2023 Morningstar Conference.

Hear his thoughts on opportunities around the world in Global Deep Value Investing.

More information about Money Life can be found at the moneylifeshow.com website.
Moerus is not affiliated with Money Life.
Current and future portoflio holdings are subject to change.


Top ten holdings as of 3/31/23 as a percent of the Fund’s net assets: Tidewater Inc. (4.86%), Despegar.com (4.81%), Conduit Holdings Ltd (4.03%), Hammerson PLC (3.99%), Exor NV (3.76%), Cia. Brasileira de Distribuição (3.72%), Enerflex Ltd. (3.35%), Spectrum Brands Holdings Inc. (3.11%), Itau CorpBanca Chile SA (3.11%), Straits Trading Co Ltd (3.24%).


For a current Fund factsheet, click here.

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.

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.