https://www.sec.gov/Archives/edgar/data/1644419/000158064225004978/anchorglobalstrat497.htm
497 1 anchorglobalstrat497.htm 497
Anchor Risk Managed Global Strategies Fund
Advisor Class Shares – ATAGX
Institutional Class Shares – ATGSX
(a series of Northern Lights Fund Trust IV)
Supplement dated August 8, 2025
to the Prospectuses and Statements of Additional Information dated December 30, 2024
______________________________________________________________________________
The Board of Trustees of Northern Lights Fund Trust IV (the “Board”) has determined based on the recommendation of the investment adviser of the Anchor Risk Managed Global Strategies Fund (the “Fund”), that it is in the best interests of the Fund and its shareholders that the Fund cease operations. The Board has determined to close the Fund and redeem all outstanding shares on August 28, 2025.
Effective at the close of business August 8, 2025, the Fund will not accept any purchases and will no longer pursue its stated investment objectives. The Fund may begin liquidating its portfolio and may invest in cash equivalents such as money market funds until all shares have been redeemed. Any capital gains will be distributed as soon as practicable to shareholders.
Prior to August 28, 2025, you may redeem your shares, including reinvested distributions, in accordance with the “How to Redeem Shares” section in the Prospectus. Unless your investment in the Fund is through a tax-deferred retirement account, a redemption is subject to tax on any taxable gains. Please refer to the “Tax Status, Dividends and Distributions” section in the Prospectus for general information. You may wish to consult your tax advisor about your particular situation.
ANY SHAREHOLDERS WHO HAVE NOT REDEEMED THEIR SHARES OF THE FUND PRIOR TO AUGUST 28, 2025 WILL HAVE THEIR SHARES AUTOMATICALLY REDEEMED AS OF THAT DATE, AND PROCEEDS WILL BE SENT TO THE ADDRESS OF RECORD. IF YOU HAVE QUESTIONS OR NEED ASSISTANCE, PLEASE CONTACT YOUR FINANCIAL ADVISOR DIRECTLY OR THE FUND AT 1-844-594-1226 (toll-free).
This Supplement and the existing Prospectuses dated December 30, 2024, provide relevant information for all shareholders and should be retained for future reference. Both the Prospectuses and the Statements of Additional Information dated December 30, 2024, have been filed with the Securities and Exchange Commission, are incorporated by reference and can be obtained without charge by calling the Fund at 1-844-594-1226

TBUX (TRP Ultra short bond ETF) is also doing well, with a 1-wk return of .23%. The 7-day SEC yield is 4.65%.

I'm pretty sure that's 30 day yield,

if I read it right.
But now we're drifting from money markets to ultra-shorts. Not that I mind the drift. I track twenty oef and etf ultra-shorts. I would look further back than one week returns, especially since we are around the time when many have paid their dividends.
OTOH, I suppose I should be more mindful of the tax consequences of the mmf's in my taxable account. But I don't think it would make that much difference to the tax bill.

You are correct - 30-day. I appreciate the correction and comments. And yes, a bit of drift.

Tariffs will apply to gold shipments of large sizes - 100 troy oz and 1 kilo (32,150.75 troy oz) gold bars.
There is another complication in global trading of gold. Standard sizes vary by locations (NYC, London, Dubai, China, Switzerland), so it isn't just a matter of shipping gold from place A to place B. Gold at place A may have to be melted & recast into sizes acceptable at place B. To all those costs, add tariffs.
Some gold is stored in vaults around the world & can be debited or credited without any physical movement.

Is there *anything* this clown won't touch? I also wonder if this will encourage countries to continue, if not expand, their withdrawl of bullion from the NYC vaults out of concerns over soverignty and what is rightfully their property.
(Bloomberg) -- A Trump administration ruling that gold bars will be subject to tariffs stunned traders who had assumed they would be exempted, throwing bullion markets into turmoil.
Futures in New York, which are backed by bars shipped from Switzerland and other key trading and refining hubs, surged to a record.
Traders, analysts and executives across the industry had understood the bars would be exempt from reciprocal tariffs enacted by President Donald Trump, such as a 39% levy on Swiss goods. But when a gold refiner in Switzerland asked about it, US Customs and Border Protection clarified that one-kilogram and 100-ounce gold bars are subject to the levies, according to a letter from the agency.
The decision, if it remains in place, has sweeping implications for the flow of bullion around the world, and potentially for the smooth functioning of the US futures contract. Gold’s role as a financial asset and global currency sets it apart from other commodities like copper that have been roiled by tariffs, and traders said on Friday that shipments had largely frozen up in response to the shock news.
“In the long run, the existence of US tariffs on deliverable gold products raises the question on the role of futures trading in the US,” said Joni Teves, a strategist at UBS AG. “Until there is clarity, we expect the gold market and precious metals markets more generally to remain very nervous.”

< - >
https://finance.yahoo.com/news/us-adds-surprise-gold-bar-045737320.html

I asked AI and it said that response is well meaning but could cause inflation and is national security threat, so we should cut spending and then cut taxes.
Isn’t this scenario and AI response exactly what is happening in 2025??

Exactly! That is my experience with AI and the lack of details from their feedback. Thus, they can be interrupt multiple ways that nearly impossible to achieve an optimal outcome.

:) Never been to Mexico
GDL reminds me of GLD. The latter is an etf that invests in gold shares. Widely held.
GDL on the other hand is a CEF that seeks stability of principal + modest returns by investing in mergers / acquisitions that are in the process of completion. By using arbitrage they skim some profit from the underlying transactions. It is said to be Mario Gabelli’s largest personal holding. Of the CEFs I’ve owned, GDL is the most conservative. Lost only a bit over 6% in 2022.
TRTY is a Cambrea fund-of-funds and claims to have 35% in trend following strategies, though I’m not seeing that much looking at its holdings. It also uses gold / gold miners for hedging, although it appears to comprise less than 10% of the fund. Like GDL, TRTY is modest return / low volatility. It lost only 3.3% in 2022. From what I’ve read, trend following is having an uncharacteristically poor year. So, there may be some pent-up potential in TRTY. I’ll note that TF works both ways and will short securities in bad markets. It also incorporates securities of all types: stocks, bonds, commodities, currencies, etc.
A key difference is in fees. TRTY charges only for the underlying funds and currently has a 0.45% ER.
GDL, including interest for leverage, comes in at over 3%. Both are small. GDL is at $93 M. TRTY at $117 M. It does make them a bit challenging to trade.

I hardly have MM. It's all in SNAXX at 4.29%.

I’m sure you have better choices than lame MM. You probably don’t like to brag, but bet you have 10-15% in
$TRUMP cryptocurrency, which for MM folks here, is up over 600% year to date. By far the best investment of the year and it goes up 10% a month on average. It may crash at some point, but just have to read between the tweets.
Now you may be able to buy
$TRUMP cryptocurrency In your 401K. If your company refuses, just call White House and the IRS may perform a million dollar audit and disallow all deductions for the company.
I hope Treasury Secy has been buying $TRUMP cryptocurrency with Billions in Treasury bills he’s been selling the past month. Deficit for year could have disappeared with my simple advice, but I don’t have the 24K Gold plate or airplane gifts to get heard.

Another TDS post and how you detail this site for hundreds of investors who don't want to discuss politics.
For that use the OFF TOPIC forum.

Looked up MIT class 15.015 (Macroeconomics and International Economics). Jumped right to exam question and found this gem
Exam question-
A candidate for the Republican nomination (i.e., someone currently competing to become the presidential candidate) just said the following on CNBC: "The United States can run a large current account deficit for the indefinite future. Not only that, but there is no practical limit to the amount of debt the federal government can have.
We should cut taxes across the board to get the economy back on track." You work for a different Republican candidate. Write a memo summarizing the strong and weak points of the above statement and make a recommendation for how your candidate can respond.
I asked AI and it said that response is well meaning but could cause inflation and is national security threat, so we should cut spending and then cut taxes.
Isn’t this scenario and AI response exactly what is happening in 2025??

Catch22,
Very interesting and I know it’s almost late September and I should be back at school (MIT Sloan School), to take
15.218 Global Economic Challenges and Opportunities Course so I can make sense of peso crisis in Argentina.
I would like to go but …
I did go to MIT and Harvard, but the security guards chased me out.

Las Vegas Tourism stats June 2024 to June 2025
Metric Change
Total Visitors −11.3%
Convention Attend. −10.7%
Hotel Occupancy Rate −6.5
Air Travelers (Harry Reid Airport) −6.3%
Traffic from California (I-15) −4.3%
International Arrivals −9.8%
Gambling proceeds casinos +3% (so/called high roller degenerates still spending and losing)
Real estate, stocks and crypto at all times highs and recession numbers for visitors to Vegas?? Shouldn’t they be up 5%? Don’t need to worry about tip taxes if Canadians don’t show up…
But tariffs are so good …

I hardly have MM. It's all in SNAXX at 4.29%.

I’m sure you have better choices than lame MM. You probably don’t like to brag, but bet you have 10-15% in
$TRUMP cryptocurrency, which for MM folks here, is up over 600% year to date. By far the best investment of the year and it goes up 10% a month on average. It may crash at some point, but just have to read between the tweets.
Now you may be able to buy
$TRUMP cryptocurrency In your 401K. If your company refuses, just call White House and the IRS may perform a million dollar audit and disallow all deductions for the company.
I hope Treasury Secy has been buying $TRUMP cryptocurrency with Billions in Treasury bills he’s been selling the past month. Deficit for year could have disappeared with my simple advice, but I don’t have the 24K Gold plate or airplane gifts to get heard.

Smart people buy Toyota vehicles and hold them for 15+ years.

Has been easy in California to keep cars for long term. Don’t know about newer cars.
We had Camry V6 250,000 miles but totaled in accident. Body shop guy did minor fix and gave to his mom.
Another Toyota we had for 18 years with 175,000 miles and sold for $3,000 this year. We have another 22 year old Lexus V8 still running strong with 235,000 miles.
Had coworker who retired with same car he drive on in first day of work - 1990 Sentra with 300,000 miles. Another guy’s Corolla only lasted 400,000 miles.
But the pièce de résistance goes to guy who has 800,000 plus miles on his 1999 Tundra 4.7 L V8 - I rode it in a few years back and rode well. Of course everything but engine and transmission were replaced - axles, etc.

While not trying to minimize your personal travails with Marcus, they beg the question: are your experiences typical or are you an outlier? YMMV.
My experiences are just the opposite - everything handled efficiently electronically or by phone, immediate credit for deposits even before the transfers are received, clean minimalistic website designed for savings and little else.

Agreed. Glad to hear you've had good experience!
I never bother with online reviews but did offer feedback to Marcus, though I do not believe they ever followed up. Perhaps, my outlier was too far for their statistics.
BTW - getting back to the main subject of this thread - if you are looking at CDs, there are a few 6+ month no-penalty ones still in the 4.2% to 4.3%+ APY range that I have seen recently. These are mostly smaller banks, so not sure about their CS or online interface, but some larger ones too.
Here is a 14 month no-penalty CD from Sallie Mae Bank with 4.20% APY offered through Raisin. (No penalty after 30 days.)
I've never had an account with Raisin myself, but have heard some positive things about the platform.
Raisin is also currently offering a potential extra 1% boost via a new customer bonus of up to $1000 tiered as follows:
$75 for depositing $10,000 to $24,499,
$250 for depositing $25,000 to $49,999,
$500 for depositing $50,000 to $99,999, and
$1,000 for depositing $100,000 or more.
To qualify for the bonus, the first deposit must be initiated between August 1, 2025, and September 30, 2025. Bonus to be deposited within 30 days after qualifying.

TBUX (TRP Ultra short bond ETF) is also doing well, with a 1-wk return of .23%. The 7-day SEC yield is 4.65%.

I'm pretty sure that's 30 day yield, if I read it right.
But now we're drifting from money markets to ultra-shorts. Not that I mind the drift. I track twenty oef and etf ultra-shorts. I would look further back than one week returns, especially since we are around the time when many have paid their dividends.
OTOH, I suppose I should be more mindful of the tax consequences of the mmf's in my taxable account. But I don't think it would make that much difference to the tax bill.

TBUX (TRP Ultra short bond ETF) is also doing well, with a 1-wk return of .23%. The 7-day SEC yield is 4.65%. I sometimes combine it with a MMF to juice overall returns.

https://www.sec.gov/Archives/edgar/data/19614/000091957425004389/d11958277_497.htm
Funds affected:
AB Growth Fund
AB Large Cap Growth Fund
AB Small Cap Growth Portfolio
AB Sustainable Global Thematic Fund
AB Discovery Value Fund
AB Core Opportunities Fund
AB Discovery Growth Fund
AB Sustainable International Thematic Fund

https://www.sec.gov/Archives/edgar/data/831114/000139834425014745/fp0094854-1_497.htm
497 1 fp0094854-1_497.htm
THE RBB FUND, INC.
WPG Partners Select Hedged Fund
Supplement dated August 7, 2025
to the Prospectus and Statement of Additional Information (“SAI”) dated December 31, 2024
The Board of Directors (the “Board”) of The RBB Fund, Inc. (the “Company”), upon the recommendation of Boston Partners Global Investors, Inc. (the “Adviser”), the investment adviser to the WPG Partners Select Hedged Fund (the “Fund”) approved a Plan of Liquidation and Termination for the Fund (collectively, the “Plan”). The Board determined that it is in the best interests of the Fund and its shareholders that the Fund be closed and liquidated as a series of the Company effective as of the close of business on or about August 28, 2025 (the “Liquidation Date”). The Liquidation Date may be changed without notice at the discretion of the Company’s officers.
Effective as of August 15, 2025, in anticipation of the liquidation, the Fund will no longer accept purchases into that Fund. In addition, the Adviser is in the process of transitioning the Fund’s portfolio securities to cash and/or cash equivalents and the Fund will no longer be pursuing its stated investment objective.
Shareholders of the Fund may redeem their investments as described in the Fund’s Prospectus. The redemption of shares will generally be considered a taxable event.
Pursuant to the Plan, if the Fund has not received your redemption request or other instruction prior to the Liquidation Date, your shares will be automatically redeemed on or about the Liquidation Date at the closing net asset value per share, and you will receive your proceeds (the “Proceeds”) from the Fund, subject to any required withholding. These Proceeds will generally be subject to federal and possibly state and local income taxes if the redeemed Fund shares are held in a taxable account, and the Proceeds exceed your adjusted basis in the Fund shares redeemed.
If you hold shares of the Fund in an IRA account, you have 60 days from the date you receive your Proceeds from the liquidation of the Fund to reinvest or “rollover” your Proceeds into another IRA and maintain their tax-deferred status. You must notify the Fund’s transfer agent by telephone at 1-888-261-4073 (toll free) prior to the Liquidation Date of your intent to rollover your IRA account to avoid withholding deductions from your Proceeds.
If the redeemed Fund shares are held in a qualified retirement account, such as an IRA, the redemption Proceeds may not be subject to current income taxation. You should consult with your tax advisor on the consequences of this redemption to you.
Shareholder inquiries should be directed to the Fund at 1-888-261-4073 (toll free).
* * * * *
Please retain this supplement for your reference.

Why not mention the biggest cause...
The highest inflation in the last 4 decades by the previous administration.
Smart people buy Toyota vehicles and hold them for 15+ years.

Vanguard, Wellington Management and Blackstone are partnering to introduce a low-cost interval-fund (IF). The IFs are considered suitable for illiquid assets and the IF wrapper is sort of between ETFs and CEFs. IFs can be bought anytime, but the redemptions are limited to 5% of AUM per quarter; if there are excess redemption requests, those are rejected. There are 307 IFs now with median ER of 3% that includes the cost of leverage (2.18 excluding leverage costs). Their NAVs appear stable because they don’t mark-to-market regularly. Mentioned are CCLFX, CELFX, CADEX, TAKAX, GIREX, TIPRX.
https://www.sec.gov/Archives/edgar/data/2065909/000139834425008938/fp0093540-1_n2.htm
@lewisbraham in Barron's https://www.barrons.com/articles/interval-funds-big-fees-vanguard-f51eb7fe?refsec=funds&mod=topics_funds