INVESTMENT OBJECTIVE: To invest all of the assets of the Company in the Underlying Fund, which is run by the Investment Advisor. The Underlying Fund aims to preserve and grow capital by developing a diversified portfolio of long investments intended to achieve favourable performance, together with a hedged portfolio that aims to maintain an approximately neutral market exposure by purchasing certain
securities while selling others short.
INVESTMENT STRATEGY: To invest in the Underlying Fund which will attempt to enhance the performance of the long portfolio of the master fund of the Underlying Fund and generally seek to achieve favourable investment performance through long and short security selection. AUM is not disclosed.