Byron External Managers Fund

Plc

Fund Investment Objectives

Multi-Strategy Fund of Hedge Funds focusing on long-term risk adjusted capital appreciation within a controlled volatility framework. The strategy employed resembles a barbell strategy with directional/liquid trading at the front end to execute opportunistic trading and strategic alpha rotation and long-term value-enhancing investments at the long-end to provide strong multi-cyclical returns with diversification benefits to other asset classes.