KGH Fund Ltd. - Licorne USD

Class

Fund Investment Objectives

The objective of the Fund seeks to achieve long-term capital appreciation on an absolute basis with little correlation to the stock and bond markets, by allocating capital to investments in offshore funds managed by professionals who display a variety of techniques such as, but not limited to equity and risk arbitrages, convertible arbitrage, event driven and risk arbitrage etc. A majority of the assets of the Fund will be allocated to portfolio managers who have demonstrated in the past their ability to successfully implement a variety of discretionary strategies.