The investment objective of the Fund is to seek to provide long term capital appreciation whilst simultaneously endeavoring to preserve the Fund's capital. In order to achieve this objective the Fund will invest in an actively managed and diversified portfolio of long and short positions in global equities. The Fund's aim is to provide returns in excess of cash, with lower volatility than equities and a low correlation with equity markets. The Investment Manager believes that an investment in the Fund should enhance the return/risk characteristics of a diversified portfolio of financial assets. AUM combines all share classes and is reported in USD.