Abraxas Plurima China Fund A

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Fund Investment Objectives

The investment objective of Abraxas Plurima China Fund is to achieve capital appreciation in the medium to long term by primarily investing directly and/or indirectly through the use of derivatives, in a diversified portfolio of equity and equity-related securities and debt and debt-related securities issued by Chinese companies or non-Chinese companies with a strategic exposure to the Chinese economy, and in an ancillary fashion, by investing in the global financial markets through the use of currency, fixed income and equity derivatives.