The Fund employs a multi-manager, multi-strategy investment approach pursuant to which the Fund maintains investments with a diversified group of investment managers managing private investment vehicles or discretionary accounts. The Fund selects a limited number of Investment Managers with the goal of obtaining optimum diversification among investment styles, market exposure and instruments employed. Particular attention is placed on risk averse and complementary trading techniques in securities and other instruments. Investment strategies employed by Investment Managers selected by the Fund may include, without limitation: equity strategies, futures Strategies, currency strategies, international/global strategies, relational trading/arbitrage strategies, special situation strategies and multi-manager, multi-strategy strategies. Once selected, Investment Managers will be monitored on an ongoing basis and investment allocations adjusted as deemed appropriate by the Advisor.