The Fund is a sub-fund of Permal Multi-Manager Funds (Lux), a Luxembourg-domiciled open ended investment vehicle (SIVAC) registered under part II of Luxembourg law of 20th December 2002. It utilizes varied alternative strategies and multiple hedge fund managers. It seeks attractive returns while maintaining a low level of portfolio volatility and low correlation with major equity markets. It has global diversification. There is no management or incentive fee at the sub-fund level.
AUM combines all share classes and is reported in USD.