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11.11.2021  Dr. Jeffrey Yu and Wendy J. Grubbs, J.D. appointed to a newly-formed Advisory Board offering the firm’s partners research expertise in the areas of medical technology and Washington politics. 


Advisory Board Named to The Future Fund LLC

Two experienced professionals added to provide research insights and firm oversight


Chicago, IL – November 11, 2021 – The Future Fund LLC has named Dr. Jeffrey Yu and Wendy J. Grubbs, J.D. to a newly-formed Advisory Board. The firm, a registered SEC advisor, invests in businesses positioned to capitalize on secular megatrends creating fundamental change in their markets. The board will offer the firm’s partners research expertise in the areas of medical technology and Washington politics, as well as provide feedback on managing client investment portfolios.

“We’re very pleased to welcome both Jeffrey and Wendy to The Future Fund Advisory Board,” said Gary Black, co-founder and managing partner of the firm. “Having Jeffrey and Wendy on our team enhances the research-edge we believe is important to identifying companies that are positioned to benefit from secular changes. They each bring relevant experience and perspectives that will provide insight to our work, as we seek to provide greater value to our clients.”

Yu, an M.D., is an entrepreneur and radiologist. He founded Kineticor, a biometric intelligence and medical device company dedicated to improving the quality of imaging where he still serves as Chief Executive Officer. He is also founder, Chief Medical Officer and past Chief Technology Officer (CTO) of OneMedNet, a medical image transfer software company. During his career, he held the position of CTO of Queen’s Medical Center and was a member of the medical advisory boards at Cisco Systems and Change Healthcare. Yu conducted magnetic resonance research at the Lucas Center Stanford University and is Board Certified in Radiology and Nuclear Medicine. He received his B.S. from the University of California Berkeley and M.D. from Wake Forest School of Medicine, completing a radiology residency and nuclear medicine fellowship at the Mallinckrodt Institute at Washington University.

Grubbs is currently an independent consultant with a distinguished career in legal, governmental and corporate positions. She served as special assistant to the 43rd President of the United States, George W. Bush, and as managing director of Citigroup. She also worked in the United States Senate and practiced law in the private sector. Grubbs graduated magna cum laude from the University of North Carolina at Charlotte and received her law degree from Wake Forest University, where she served as the business editor of the Law Review.

Black and co-founder and partner, David Kalis, CFA conduct deep proprietary research into the companies in which they invest. Both are seasoned investment professionals with rich backgrounds as either CEOs or CIOs at a number of well-known firms in the financial industry.

The Future Fund seeks companies that have established markets and are currently taking advantage of changes in technology, consumer preferences, demographics, and environmental sustainability. They believe this can lead to significant increases in those businesses’ total addressable markets, earnings trajectories, market capitalizations, and ultimately value for investors.


About The Future Fund, LLC, advisor to The Future Fund Active ETF

The Future Fund, LLC, is an SEC-registered investment advisor focusing on companies with secular growth opportunities created by fundamental change in their markets that the partners believe can change the world.

The firm manages concentrated, high-conviction secular growth portfolios for clients in both a long-only and a hedged equity structure in addition to The Future Fund Active ETF, an exchange-traded fund (FFND). The firm’s goal is to discover unrecognized equity value, believing that transformative companies will displace legacy industry incumbents over time.

Gary Black, managing partner, has nearly 30-years’ portfolio management and investment research experience, complemented by operational expertise. He has an M.B.A. from Harvard School of Business and B.Sc. in Economics from Wharton School of the University of Pennsylvania.

David Kalis, C.F.A., partner has more than 25-years’ experience managing small- and mid-cap growth portfolios and leading investment research teams. He has a B.A. in Economics from the University of Michigan and is a Chartered Financial Analyst. More information is available at

Shareholders may pay more than NAV when buying fund shares and receive less than NAV when selling fund shares, because shares are bought and sold at current market prices. The performance quoted represents past performance and does not guarantee future results. The Future Fund Active ETF is bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.

Investors should consider the investment objectives, risks, and charges and expenses of the Funds before investing. The prospectus contains this and other information about the Funds and should be read carefully before investing. The prospectus may also be obtained by calling 877-466-7090.

The Future Fund Active ETF is distributed by Northern Lights Distributors, LLC, member FINRA/SIPC. The Future Fund LLC is the investment advisor to the Fund, and is not affiliated with Northern Lights Distributors, LLC. Investing involves risk, including loss of principal.

There is no guarantee that the Fund will achieve their investment objectives. In general, prices of equity securities are more volatile than those of fixed income securities. The prices of equity securities fluctuate in response to issuer-specific activities as well as factors unrelated to the fundamental condition of the issuer, including general market, economic and political conditions along with other factors. While the shares of ETFs trade on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress. The Fund were recently organized with no operating history. In addition, the Advisor has not previously managed an ETF, which may increase the risks of investing in the Fund.

The Fund is actively-managed and is thus subject to management risk. The Adviser will apply its investment techniques and strategies in making investment decisions for the Fund, but there is no guarantee that its techniques will produce the intended results.

13883578-NLD-11102021 #

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