Potomac Defensive Bull Fund CRDBX Reaches 5-year milestone with a Fresh 5-Star Morningstar Rating™.

August 14, 2025 at 10:00 AM EDT

Potomac is proud to announce that the Potomac Defensive Bull Fund (CRDBX) has received a 5-Star Overall Morningstar rating™ out of 229 funds in the Morningstar Tactical Allocation category as of July 31, 2025, coinciding with its 5th anniversary.

Morningstar’s rating system evaluates funds based on their risk-adjusted returns relative to similar funds. Funds that rank in the top 10% of their category peers receive a 5-star rating.

CRDBX is a unique tactical fund that switches between “risk on” and “risk off”. Our decision making is driven by our quantitative algorithmic composite systems, which are simply a combination of independently tested market indicators that are great alone, but better together.

As of July 31, 2025, CRDBX has $1.925 billion in assets under management, making it one of the largest Tactical Allocation mutual funds.

“In addition to having a 5-star Overall Morningstar Rating, CRDBX also had the highest return out of 229 funds in the Tactical Allocation category for the 5 year period ending 7/31/2025,” said Manish Khatta, CEO of Potomac. “Advisors are facing a bear market in diversification. The product landscape is saturated with passive beta market-exposure strategies, but we’re seeing tremendous demand from advisors seeking uncorrelated tactical solutions that prioritize risk management,” said Manish Khatta.

Learn more about CRDBX, and the Potomac Funds, here.

About Potomac

Headquartered in Bethesda, MD, Potomac is an investment strategist firm for financial advisors. Potomac supports advisors with resources Built to Conquer Risk®. Each avenue is built on Potomac’s core belief that financial success is about more than hitting a number twenty years into the future; it is about feeling confident as you get there. Past performance is not indicative of future results. For standardized performance, click here.

Fund Disclosures

Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. The prospectus contains this and other information about the Funds. You may obtain a prospectus on this website or by calling the transfer agent at 1-888-774-6679. The prospectus should be read carefully before investing.

Inception date 07/01/2020.

An investment in the Funds is subject to investment risks, including the possible loss of the principal amount invested. There can be no assurance that the Funds will be successful in meeting their objectives. The risks associated with the Funds, detailed in the Prospectus, include the risks of investing in exchange traded funds (ETFs). To the extent a Fund invests in ETFs and mutual funds, the Fund will indirectly bear its proportionate share of any expenses (such as operating expenses and advisory fees) that may be paid by the underlying funds. These expenses would be in addition to the advisory fee and other expenses that the Fund bears in connection with its own operations. Investment in an exchange traded fund (ETF) carries security specific risk and the market risk. Overall stock market risks may affect the value of the Funds. These risks include the financial risk of selecting securities that do not perform as anticipated, the risk that the stock markets in which the Funds invests may experience periods of turbulence and instability, and the general risk that domestic and global economies may go through periods of decline and cyclical change. There also may be risks associated with the Funds’ investment in a specific sector, and non-diversification. The Funds may also engage in short-term trading to try to achieve its objective and may have portfolio turnover rates significantly in excess of 100%. Each Fund may use futures contracts. Futures contracts may adversely affect a Fund’s net asset value and total return. Use of futures contracts will have the economic effect of financial leverage. Financial leverage magnifies exposure to the swings in prices of an asset class underlying an instrument and results in increased volatility, which means the Funds will have the potential for greater gains, as well as the potential for greater losses, than if the Funds did not use instruments that have a leveraging effect. Leveraged ETF Risks – The net asset value and market price of leveraged ETFs are usually more volatile than the value of the tracked index or of other ETFs that do not use leverage. Inverse ETF Risks – Inverse ETFs seek investment results that are the opposite of the daily performance of an underlying index or basket of stocks. Investors will lose money when the Index rises – a result that is the opposite from traditional funds. The Funds may invest in underlying funds that hold fixed income securities and foreign securities. Fixed income securities fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed income securities. Foreign investments can involve significant risks in addition to the risks inherent in U.S. investments. These risks include adverse political, social and economic developments, differing auditing and legal standards, war, expropriation and nationalization.

Morningstar Disclosures

(1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Overall rating out of 229 Tactical Allocation funds as of July 31, 2025.

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closedend funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Potomac Defensive Bull was rated against the following numbers of Tactical Allocation funds over the following time periods: 229 funds in the last three years, and 203 funds in the last five years. Past performance is no guarantee of future results.