Advisors Preferred Trust has filed a new summary prospectus for its Dynamic Alpha Macro Fund, which aims to provide capital appreciation through a blend of equity securities and futures trading strategies. The filing, dated November 4, 2026, is significant as it outlines the fund's operational framework and fee structure, providing potential investors with essential information for their investment decisions.

As an investment entity, Advisors Preferred Trust focuses on creating mutual funds that cater to diverse investor needs. The company is incorporated in Delaware and operates out of Rockville, Maryland. The Dynamic Alpha Macro Fund is designed to achieve its investment objectives by employing a dual strategy that includes both equity securities and futures contracts. This approach is reflective of broader trends in the investment industry, where funds are increasingly diversifying their strategies to attract a wider range of investors.

The filing indicates that the fund offers two classes of shares: Investor Class Shares (DYMAX) and Institutional Class Shares (DYMIX). Each class has distinct fee structures, with management fees set at 1.50% for both classes. The total annual operating expenses for the Investor Class Shares are noted to be 2.15%, while the Institutional Class Shares have slightly lower expenses at 1.75%. This transparency in fees is crucial for investors seeking to understand the cost implications of their investments.

"The Dynamic Alpha Macro Fund seeks capital appreciation through a combination of equity securities and futures trading strategies," the filing states.

In addition to outlining fees, the prospectus details the investment strategies employed by the fund. Approximately 50% of the fund's assets will be allocated to equity securities, focusing on growth stocks, above-average dividend-paying stocks, and broad market stocks. The other 50% will be directed towards futures trading, which includes positions in financial futures on currencies, debt, and equities, as well as commodity futures.

This strategic allocation aims to balance risk and reward, allowing the fund to capitalize on various market conditions. The filing also highlights the potential risks associated with these investment strategies, including management risk, equity securities risk, and futures risk. Investors are advised to consider these factors when evaluating the fund.

The filing may impact various stakeholders, including current and potential investors in the fund, as well as competitors in the mutual fund industry. As Advisors Preferred Trust moves forward with this new offering, it may prompt other firms to reassess their own fund structures and investment strategies to remain competitive in a rapidly evolving market.

Looking ahead, the filing does not specify any immediate next steps or actions required from investors. However, it does encourage potential investors to review the complete prospectus for more detailed information regarding the fund's risks and investment strategies.