Multi Strategy SICAV - Pendulum Class I CHF, an open-ended multi-manager investment company, is the Swiss Franc equivalent of Multi Strategy SICAV - Pendulum class I USD (FKA DGC Pendulum Ltd.). It invests its assets in Multi Strategy SICAV - Pendulum class I USD and systematically hedges the US dollar currency exposure through currency forward positions. The objective of Multi Strategy SICAV - Pendulum class I USD is to achieve capital appreciation through investments with carefully selected money managers who seek absolute returns while containing the volatility of their returns at a low level. Most of the selected managers implement arbitrage strategies. The manager's selection process focuses on the liquidity of underlying investments, the leverage used in the portfolio and the internal risk control procedures in the organization. Most of the selected managers are independent and have a significant portion of their personal wealth invested in their own fund. The fund was formally known as Swissarbitrage S.A. Beginning December 2011, AUM reflects the aggregate of the various share classes and is denominated in USD.