The Fund seeks to generate consistent long-term capital appreciation in the range of approximately 12-15% per annum through a portfolio having diversified risk profile. It is equally concerned with preservation of capital. For this reason, the Fund diversifies its holdings among a number of investment strategies and portfolio managers. Current strategies employed by the Fund include long/short equities, relative value, distressed securities, opportunistic/macro, merger arbitrage/event-driven and short selling. However, the Fund does not follow a rigid investment policy which would restrict it from participating in any market, strategy or investment. AUM represents all share classes and is reported in USD.