Rimrock Structured Product

Fund

Fund Investment Objectives

The Rimrock Structured Product Fund is a fixed income relative value fund. The Fund's strategy is to exploit structural and technical inefficiencies in the market, especially in the mortgage-backed securities (MBS), asset-backed securities (ABS), commercial mortgage backed securities (CMBS) and other structured product sectors of the fixed income market. The Fund will focus on the short-end of the yield curve and have the ability to enhance returns through the use of hedging, modest leverage and select longer-term total return investments.