Shareholder Report | 6 Months Ended |
May 31, 2024 USD ($) Holdings |
Shareholder Report [Line Items] | |
Document Type | N-CSRS |
Amendment Flag | false |
Registrant Name | 360 Funds |
Entity Central Index Key | 0001319067 |
Entity Investment Company Type | N-1A |
Document Period End Date | May 31, 2024 |
Institutional Class Shares | |
Shareholder Report [Line Items] | |
Fund Name | FinTrust Income and Opportunity Fund |
Class Name | Institutional Class (HIOIX) (Unaudited) |
Trading Symbol | HIOIX |
Annual or Semi-Annual Statement [Text Block] | SEMI-ANNUAL REPORT |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | This semi-annual report to shareholders contains important information of the FinTrust Income and Opportunity Fund (the “Fund”) for the six months ended May 31, 2024. You can find the Fund’s prospectus, financial information on Form N-CSR, holdings, proxy voting information and other information at https://fintrustfunds.com/ (877) 244-6235 |
Additional Information Phone Number | (877) 244-6235 |
Additional Information Website | https://fintrustfunds.com/ |
Expenses [Text Block] | What were the Fund costs for the six months? Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Institutional Class shares $ 106 2.04 |
Expenses Paid, Amount | $ 106 |
Expense Ratio, Percent | 2.04% |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns 1 Year 5 Years Since Inception (a) Institutional Class shares 19.72% 5.25% 5.34% S&P 500® Total Return Index 28.19% 15.79% 15.28% (a) The Fund commenced operation on January 21, 2016 |
Performance Inception Date | Jan. 21, 2016 |
No Deduction of Taxes [Text Block] | The returns shown do not reflect taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. |
Material Change Description [Text Block] | At a Special Meeting of the Board held on July 31, 2024 (the “Special Meeting”), the Board was notified that another investment adviser was acquiring the Adviser and the transaction’s closing date is expected to be on August 31, 2024 (the "Closing Date"). Upon closing, the Investment Advisory Agreement between the Fund and the Adviser will terminate because of a change in control of the Adviser that resulted in the assignment of the Advisory Agreement under federal securities laws. The Adviser has recommended that M3Sixty Capital, LLC (“M3Sixty Capital") take over management of the Fund under a new investment advisory agreement, effective on the Closing Date, or that the Fund be liquidated on that date. The Board considered the Fund’s options and voted unanimously to approve a New Investment Advisory Agreement (the “New Agreement”) with M3Sixty Capital, subject to shareholder approval. At the Special Meeting, the Board also approved a New Expense Limitation Agreement for the Fund and authorized the solicitation of shareholder approval for the new agreements. A special meeting of shareholders is expected to be held on August 30 to approve the New Agreement and New Expense Limitation Agreement and to conduct any other business that may lawfully be presented at such meeting. |
Updated Performance Information Location [Text Block] | Updated performance data current to the most recent month-end can be obtained by calling (877) 244-6235. |
Net Assets | $ 18,194,386 |
Holdings Count | Holdings | 71 |
Advisory Fees Paid, Amount | $ 59,693 |
Investment Company, Portfolio Turnover | 197.05% |
Additional Fund Statistics [Text Block] | Fund Statistics Total Net Assets $18,194,386 Investment Advisory Fees Paid $59,693 Number of Portfolio Holdings 71 Portfolio Turnover Rate 197.05% |
Holdings [Text Block] | Sector Allocation (as a % of Portfolio) Consumer Discretionary 21.57% Industrials 5.82% Information Technology 17.17% Government Bonds 5.24% Cash and Cash Equivalents 10.70% Consumer Staples 3.48% Financials 10.26% Materials 2.83% Health Care 9.86% Index 2.00% Communication Services 9.65% Energy 1.42% |
Largest Holdings [Text Block] | Top Ten Holdings (as a % of Net Assets) Federated Hermes Gov’t. Obligations Fund - Institutional Shares 11.18% Alibaba Group Holding Ltd. 4.31% NVIDIA Corp. 9.04% Amazon.com, Inc. 4.13% Super Micro Computer, Inc. 5.61% Tesla, Inc. 3.95% U.S. Treasury Note, 4.750% due 07/31/2025 5.47% Expedia Group, Inc. 3.45% Regeneron Pharmaceuticals, Inc. 4.85% JetBlue Airways Corp. 3.07% |
Class A Shares | |
Shareholder Report [Line Items] | |
Fund Name | FinTrust Income and Opportunity Fund |
Class Name | Class A (HROAX) (Unaudited) |
Trading Symbol | HROAX |
Annual or Semi-Annual Statement [Text Block] | SEMI-ANNUAL REPORT |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | This semi-annual report to shareholders contains important information of the FinTrust Income and Opportunity Fund (the “Fund”) for the six months ended May 31, 2024. You can find the Fund’s prospectus, financial information on Form N-CSR, holdings, proxy voting information and other information at https://fintrustfunds.com/ (877) 244-6235 |
Additional Information Phone Number | (877) 244-6235 |
Additional Information Website | https://fintrustfunds.com/ |
Expenses [Text Block] | What were the Fund costs for the six months? Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Class A shares $ 119 2.29 |
Expenses Paid, Amount | $ 119 |
Expense Ratio, Percent | 2.29% |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns 1 Year 5 Years Since Inception (a) Class A shares without sales charge 19.39% 4.98% 5.07% Class A shares with sales charge 12.83% 3.80% 4.36% S&P 500® Total Return Index 28.19% 15.79% 15.28% (a) The Fund commenced operation on January 21, 2016 |
Performance Inception Date | Jan. 21, 2016 |
Material Change Description [Text Block] | At a Special Meeting of the Board held on July 31, 2024 (the “Special Meeting”), the Board was notified that another investment adviser was acquiring the Adviser and the transaction’s closing date is expected to be on August 31, 2024 (the "Closing Date"). Upon closing, the Investment Advisory Agreement between the Fund and the Adviser will terminate because of a change in control of the Adviser that resulted in the assignment of the Advisory Agreement under federal securities laws. The Adviser has recommended that M3Sixty Capital, LLC (“M3Sixty Capital") take over management of the Fund under a new investment advisory agreement, effective on the Closing Date, or that the Fund be liquidated on that date. The Board considered the Fund’s options and voted unanimously to approve a New Investment Advisory Agreement (the “New Agreement”) with M3Sixty Capital, subject to shareholder approval. At the Special Meeting, the Board also approved a New Expense Limitation Agreement for the Fund and authorized the solicitation of shareholder approval for the new agreements. A special meeting of shareholders is expected to be held on August 30 to approve the New Agreement and New Expense Limitation Agreement and to conduct any other business that may lawfully be presented at such meeting. |
Updated Performance Information Location [Text Block] | Updated performance data current to the most recent month-end can be obtained by calling (877) 244-6235. |
Net Assets | $ 18,194,386 |
Holdings Count | Holdings | 71 |
Advisory Fees Paid, Amount | $ 59,693 |
Investment Company, Portfolio Turnover | 197.05% |
Additional Fund Statistics [Text Block] | Fund Statistics Total Net Assets $18,194,386 Investment Advisory Fees Paid $59,693 Number of Portfolio Holdings 71 Portfolio Turnover Rate 197.05% |
Holdings [Text Block] | Sector Allocation (as a % of Portfolio) Consumer Discretionary 21.57% Industrials 5.82% Information Technology 17.17% Government Bonds 5.24% Cash and Cash Equivalents 10.70% Consumer Staples 3.48% Financials 10.26% Materials 2.83% Health Care 9.86% Index 2.00% Communication Services 9.65% Energy 1.42% |
Largest Holdings [Text Block] | Top Ten Holdings (as a % of Net Assets) Federated Hermes Gov’t. Obligations Fund - Institutional Shares 11.18% Alibaba Group Holding Ltd. 4.31% NVIDIA Corp. 9.04% Amazon.com, Inc. 4.13% Super Micro Computer, Inc. 5.61% Tesla, Inc. 3.95% U.S. Treasury Note, 4.750% due 07/31/2025 5.47% Expedia Group, Inc. 3.45% Regeneron Pharmaceuticals, Inc. 4.85% JetBlue Airways Corp. 3.07% |