Myojo Super Cycle Long Short Fund JPY overall objective is long-term capital appreciation. The Master Fund will attempt to maximize the return on the Trust's investments through investing and trading mainly in Japanese publicly traded securities, and in certain cases in Japanese index futures, options as well as in equity shorts, while accepting a level of risk that the Investment Manager believes is consistent with preservation of the Fund's assets. Current income is not an objective. The Fund may also invest in U.S., Taiwanese, and Korean securities. The Master Fund will focus mainly on technology and technology-related sectors and will employ both long and short equity positions in its portfolio.