NOTICE
On June 30, 2020, the NYSA Fund stopped all sales of shares.
Subsequently, at a meeting held on August 28, 2020, the NYSA Fund’s Board of Trustees voted unanimously to redeem all outstanding Fund shares, effective September 8, 2020, based on the Board’s determination that failure to do so would have materially adverse consequences to the Fund’s shareholders.
On September 9, 2020, the NYSA Fund filed a request with the Securities & Exchange Commission (SEC) to no longer be a registered management investment company, commonly known as a mutual fund. The NYSA Fund received confirmation from the SEC on September 29, 2020, granting the Fund’s request ceasing as an investment company.
If you have any questions, please call the NYSA Help Desk at (315) 251-1101 or email NYSAHelp@Pinnacle-LLC.com
On April 23, 2020, the NYSA Fund’s independent public accountant since 2005 notified the Fund’s management that it was terminating its engagement and would not complete its scheduled audit of the Fund’s financial statements for the year ended March 31, 2020. The Fund's Board of Trustees, including its Audit Committee, has been diligently working with management to find a replacement auditor. The NYSA Fund has requested an extension from the SEC to transmit the Annual Report to Shareholders. In the meantime, the Fund has posted its unaudited financial statements under the "Literature" page.
FUND LITERATURE
PORTFOLIO MANAGER
ROBERT F. CUCULICH, MBA
Bob started his career in the financial services industry in 1980 after receiving his Bachelor’s degree from the Syracuse University School of Management in 1978. He went on to earn his Master’s of Business Administration (MBA) from Syracuse University in 1982. He has extensive knowledge and experience in research, portfolio management and trading of fixed-income securities. Bob has served in many capacities in his 40-year career in the financial services industry, most notably focusing on retail client investment management, and has been the portfolio manager of the Nysa Fund since February 1, 2013.
ABOUT
The NYSA Fund was founded in 1997. The fund's objective is to provide long-term capital growth. NYSA Fund is distributed by Pinnacle Investments.
CONTACT
5845 Widewaters Parkway, Suite 300,
East Syracuse, NY 13057
(315) 251-1101
