Eventide Asset Management Hires Chief Compliance Officer

BOSTON, MA — (Marketwired – Jun 22, 2016) — Eventide Asset Management, LLC (NASDAQ: ETGLX) is proud to announce that Peter Luiso, an attorney and former Vice President in Asset Management Compliance at Fidelity Investments, will join Eventide’s growing team as Chief Compliance Officer and General Counsel. Eventide is an investment adviser with a mission to offer high-performance, values-based asset management.

Peter brings to Eventide an extensive background in securities regulation. He has served as a Senior Enforcement Attorney for the U.S. Securities and Exchange Commission and as Trial Counsel for the New York Stock Exchange. Peter later worked for 15 years at Fidelity Investments where he provided regulatory guidance to many of Fidelity’s investment advisers, broker-dealers, and retirement businesses. Peter has served as the Deputy CCO of Fidelity’s Strategic Advisers Funds, and he joined Eventide from his role as head of Fidelity’s compliance programs overseeing sub-advisers and RIAs supporting mutual funds, ETFs, and other advisory services.

“We are excited for Peter to join the team at Eventide,” said Eventide CEO Robin John. “Peter not only brings an incredible level of professional capability, but he cares deeply about Eventide’s values-based approach. His deep expertise in compliance represents a strong addition to our team.”

“I joined Eventide after recognizing the management team’s deep commitment to the interests of values-based investors and its focus on instilling respect across all business operations — key considerations for any compliance and legal professional in the current regulatory environment,” said CCO and GC Peter Luiso. “I look forward to being part of Eventide as it continues to grow and excel.”

Eventide Asset Management, LLC is a Boston-based Registered Investment Adviser and serves as the Adviser to Eventide Mutual Funds. Founded in 2008 with a vision to offer high performance values-based mutual funds to individuals, financial advisors, and institutions, Eventide has become a leader in faith-based and socially responsible investing. Eventide is the Adviser to the Eventide Gilead Fund, the Eventide Healthcare & Life Sciences Fund, and the Eventide Multi-Asset Income Fund. Eventide manages more than $1.7 billion in net assets.


Mutual funds involve risk including the possible loss of principal. An investor 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.

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News › Eventide Asset Management Hires Chief Compliance Officer

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 it to under-perform similar funds that do not have such screening criteria. The Funds 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. Because of ongoing market volatility, the Funds performance may be subject to substantial short-term changes.

The Eventide Gilead Fund & Eventide Healthcare & Life Sciences Fund can invest in smaller-sized companies which may experience higher failure rates than larger companies and they normally have a lower trading volume than larger companies. The Funds can also 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 Funds 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. Investors in the Gilead Fund should be aware that 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 also carry various risks including, but not limited to, risk related to debt loads and intense competition.

Investors in the Eventide Multi-Asset Income Fund should be aware that interest rates are at historic lows and may change at any time based on government policy. In general, the price of a fixed income security falls when interest rates rise. A rise in interest rates may result in volatility and increased redemptions, which in turn could result in the fund being forced to liquidate portfolio securities at disadvantageous prices. Longer-term securities may be more sensitive to changes in interest rates. The intermediate-term bond portion of the Fund’s portfolio may represent 0% to 100% of the Fund’s portfolio with an average duration of between two and eight years.

The Eventide Multi-Asset Income Fund may invest in other funds. If other funds are utilized, such underlying funds are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. As a result, your cost of investing in the Fund will be higher than the cost of investing directly in underlying funds and may be higher than other mutual funds that do not invest in underlying funds. The Fund may invest, directly or indirectly, in “junk bonds.” Such securities are speculative investments that carry greater risks than higher quality debt securities. There are unique risks associated with REITs, MLPs, preferred stocks, convertible bonds, BDCs, and yieldcos that are covered in the Fund's prospectus and SAI. The Fund is a new mutual fund and has a limited history of operations for investors to evaluate.

An investor 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, which is not affiliated with Eventide Asset Management, LLC.