The investment objective of the fund is to generate high risk adjusted returns by investing in a broad range of emerging markets assets. The fund is primarily a fixed income fund trading sovereign and corporate debt, foreign exchange, interest rates and a limited amount of equity. The Investment Manager believes that by constructing a portfolio of long and short positions in a variety of emerging market countries and assets, high quality returns can be consistently generated which are independent of overall market direction. Fundamental macro analysis is used to manage the relative size of long and short positions. The portfolio directionality and market beta can be effectively controlled while achieving the expected returns.