Investment Risks - Wisdom Short Term Government Fund
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Dec. 01, 2025 |
| Collateral Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Collateral
Risk. With respect to collateral received in repurchase transactions or other investments,
the Fund may have significant exposure to government agencies not secured by the full
faith and credit of the United States. Such exposure, depending on market conditions,
could have a negative impact on the Fund, including minimizing the value of any collateral. |
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| Credit Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Credit
Risk. The issuer of a fixed income security may not be able to make interest or principal
payments when due. Generally, the lower the credit rating of a security, the greater
the risk is that the issuer will default on its obligation. |
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| Cybersecurity Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Cybersecurity
Risk. Cybersecurity incidents, both intentional and unintentional, may allow an unauthorized
party to gain access to Fund assets, Fund or shareholder data (including private shareholder
information), or proprietary information, cause the Fund or its service providers (including,
but not limited to, the Fund's investment adviser, any sub-adviser(s), transfer agent,
distributor, custodian, fund accounting agent and financial intermediaries) to suffer
data breaches, data corruption or loss of operational functionality, or prevent Fund
investors from purchasing, redeeming or exchanging shares, receiving distributions or
receiving timely information regarding the Fund or its investment in the Fund. Cybersecurity
incidents may result in financial losses to the Fund and its shareholders, and substantial
costs may be incurred in order to prevent or mitigate any future cybersecurity incidents. |
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| Extension Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Extension
Risk. The Fund is subject to the risk that an issuer will exercise its right to pay
principal on an obligation held by the Fund (such as mortgage-backed securities) later
than expected. This may happen when there is a rise in interest rates. These events may
lengthen the duration (i.e. interest rate sensitivity) and potentially reduce the value
of these securities. |
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| Government Securities Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Government
Securities Risk. The Fund invests in securities issued or guaranteed by the U.S.
government or its agencies and instrumentalities. These securities may be backed by the
credit of the government as a whole or only by the issuing agency. No assurance can be
given that the U.S. government would provide financial support to its agencies and instrumentalities
if not required to do so by law. Neither the U.S. government nor its agencies guarantee
the market value of their securities, and interest rate changes, prepayments and other
factors may affect the value of government securities. |
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| Interest Rate Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Interest
Rate Risk. Fixed income securities have varying levels of sensitivity to changes
in interest rates. In general, the price of a debt security can fall when interest rates
rise and can rise when interest rates fall. Securities with longer maturities and mortgage
securities can be more sensitive to interest rate changes although they usually offer
higher yields to compensate investors for the greater risks. The longer the maturity
of the security, the greater the impact a change in interest rates could have on the
security's price. In addition, short-term and long-term interest rates do not necessarily
move in the same amount or the same direction. Short-term securities tend to react to
changes in short-term interest rates and long-term securities tend to react to changes
in long-term interest rates. |
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| Limited History of Operations Risk and New Adviser Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Limited
History of Operations Risk and New Adviser Risk. The Fund and its adviser are each
newly-formed and have no history of operations for investors to evaluate. As a result,
investors do not have a track record from which to judge the adviser, and the adviser
may not achieve the intended result in managing the Fund. |
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| Management Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Management
Risk. The value of your investment may go down if the investment adviser's judgments
and decisions are incorrect or otherwise do not produce the desired results, or if the
investment strategy does not work as intended. You may also suffer losses if there are
imperfections, errors or limitations in the quantitative, analytic or other tools, resources,
information and data used, investment techniques applied, or the analyses employed or
relied on, by the investment adviser, if such tools, resources, information or data are
used incorrectly or otherwise do not work as intended, or if the investment adviser's
investment style is out of favor or otherwise fails to produce the desired results. Any
of these things could cause the Fund to lose value or its results to lag relevant benchmarks
or other funds with similar objectives. |
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| Market and Geopolitical Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Market
and Geopolitical Risk. The increasing interconnectivity between global economies
and financial markets increases the likelihood that events or conditions in one region
or financial market may adversely impact issuers in a different country, region or financial
market. Securities in the Fund may underperform due to inflation (or expectations for
inflation), interest rates, global demand for particular products or resources, natural
disasters, pandemics, epidemics, terrorism, international conflicts, regulatory events
and governmental or quasi-governmental actions. The occurrence of global events similar
to those in recent years, such as terrorist attacks around the world, natural disasters,
social and political discord or debt crises and downgrades, among others, may result
in market volatility and may have long term effects on both the U.S. and global financial
markets. It is difficult to predict when similar events affecting the U.S. or global
financial markets may occur, the effects that such events may have and the duration of
those effects. Any such event(s) could have a significant adverse impact on the value
and risk profile of the Fund. The COVID-19 global pandemic had negative impacts, and
in many cases severe negative impacts, on markets worldwide. It is not known how long
such impacts, or any future impacts of other significant events described above, will
or would last, but there could be a prolonged period of global economic slowdown, which
may impact your investment. Therefore, the Fund could lose money over short periods due
to short-term market movements and over longer periods during more prolonged market downturns.
During a general market downturn, multiple asset classes may be negatively affected.
Changes in market conditions and interest rates can have the same impact on all types
of securities and instruments. In times of severe market disruptions, you could lose
your entire investment. |
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| Repurchase Agreement Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Repurchase
Agreement Risk. The Fund is subject to the risk that the counterparty may default on its obligation to repurchase the underlying
instruments collateralizing the repurchase agreement, which may cause the Fund to lose money. These risks are magnified to the
extent that a repurchase agreement is secured by securities other than cash, U.S. Government securities or securities of U.S.
Government agencies or instrumentalities. |
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