Mutual Fund Series Trust has filed a summary prospectus for its Catalyst/MAP Global Balanced Fund, effective November 1, 2026. This filing is significant as it provides investors with essential information regarding the fund's investment objectives, fees, and risks, which are crucial for informed decision-making.

Mutual Fund Series Trust, incorporated in Ohio, operates in the investment sector. The company focuses on managing mutual funds, including the Catalyst/MAP Global Balanced Fund, which is designed to achieve total return through a combination of current income and capital appreciation. Recent filings include multiple 497K forms, reflecting the company's proactive approach to updating its offerings.

The filing details that the Catalyst/MAP Global Balanced Fund aims for total return, incorporating both income and capital appreciation. The fund offers different classes of shares, including Class A (TRXAX), Class C (TRXCX), and Class I (TRXIX), each with varying fee structures. The maximum sales charge for Class A shares is set at 5.75%, while Class C and Class I shares do not impose any sales charges.

Investors should note the annual operating expenses associated with the fund, which are 2.43% for Class A, 3.18% for Class C, and 2.18% for Class I shares. These expenses can impact the overall returns for investors, making it essential to consider them when evaluating the fund's potential performance.

The filing also outlines the principal investment strategies of the fund, which include investing primarily in a diverse range of domestic and international fixed income and equity securities. The fund aims to maintain at least 25% of its assets in both fixed income and equity securities, with a focus on companies of varying market capitalizations.

In terms of risks, the fund acknowledges several factors that could affect its performance, including market volatility, interest rate fluctuations, and the inherent risks associated with investing in emerging markets. These risks are crucial for potential investors to understand, as they could significantly impact the fund's returns.

Looking forward, the filing does not specify any immediate next steps, but it indicates that the fund's investment advisor, Catalyst Capital Advisors LLC, has agreed to waive certain fees and reimburse expenses to limit total annual fund operating expenses through October 31, 2027. This commitment may enhance the fund's attractiveness to potential investors.

Overall, the filing of the summary prospectus represents a strategic move by Mutual Fund Series Trust to enhance transparency and provide critical information to investors in an evolving investment landscape. As the mutual fund industry continues to adapt to regulatory changes and investor expectations, this update may serve as a benchmark for competitors in the sector.