The Counterpoint Tactical Equity Fund Class I (CPIEX) is a mutual fund that focuses on actively managing a portfolio of equity securities. This fund aims to provide investors with long-term capital appreciation by utilizing a tactical approach to investing, which involves making strategic shifts in the portfolio based on market conditions. The fund's investment strategy is to identify undervalued stocks and take advantage of short-term market opportunities while also managing risk. As a Class I fund, it typically has a higher minimum investment requirement and lower fees compared to other classes of the same fund. Overall, CPIEX offers investors a diversified and actively managed approach to equity investing.