Fund Compliance

Shared Trusts

Mutual Fund Trust

Mutual funds are all registered in a trust with the Securities and Exchange Commission (SEC). Gemini has created shared or series trusts that are registered as one entity with the SEC but contain multiple independent funds within the trust that are all managed by separate investment advisors. This allows the funds inside the trust to share some expenses and a Board of Trustees, which allow the fund to come to market with fewer expenses than a standalone trust.

Launched in 2006, the original Northern Lights Fund Trust (NLFT) has grown to include over 140 mutual funds. Due to advisor demand, Gemini launched the Northern Lights Fund Trust II in May of 2011 and the Northern Lights Fund Trust III in early 2012.

Our trusts all contain funds administered by Gemini. We work hard to provide the advisors in the trust with a network to interact and share marketing/distribution ideas with other advisors. There are several trade shows throughout the year, including those put on by TD Ameritrade, Pershing, Morningstar, Schwab and more, where Gemini provides a booth for advisors in the NLFT. Gemini also coordinates additional fund exposure through their use of press releases and social media.

If you’d like to learn more about launching a fund in the NLFT, please Contact Us today. You may also visit Gemini’s web site at