Counterpoint Tactical HY Municipal Fund — new fund registration

NORTHERN LIGHTS FUND TRUST III registered 1 new fund series on Form 485APOS, filed 2018-02-15. Featured series: Counterpoint Tactical HY Municipal Fund.

Registration

Registrant / trust: NORTHERN LIGHTS FUND TRUST III
CIK: 0001537140
Form: 485APOS
Filed: 2018-02-15
State of incorporation: DE
Accession: 0001580642-18-000921
Reported net assets: $287.4M

Series & classes (3)

Series	Class	Ticker	New
Counterpoint Tactical HY Municipal Fund	Counterpoint Tactical HY Municipal Fund Class A	TMNAX	Yes
Counterpoint Tactical HY Municipal Fund	Counterpoint Tactical HY Municipal Fund Class C	TMNCX	Yes
Counterpoint Tactical HY Municipal Fund	Counterpoint Tactical HY Municipal Fund Class I	TMNIX	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 1.75%
Management fee: 0.70%
Net expense ratio: 1.71%
Other expenses: 0.23%

Investment objective

The Counterpoint Tactical Municipal Fund (the ?Fund?) seeks tax-free income and capital preservation.

Advisers

Counterpoint Mutual Funds, LLC (Advisor)