The investment objective of the Fund is to generate sizeable returns while taking an average level of risk. The Fund invests in a portfolio of liquid Asia-focused mutual funds, using a disciplined, systematic and momentum-driven strategy. The Manager employs a proprietary model that periodically screens the Fund's investment universe and assigns scores to the underlying mutual funds, according to its in-built criteria. The Manager will allocate to top-scoring mutual funds, with a total return, constant-mix approach forming the basis of portfolio construction. Strict daily trailing stop-loss limits will form an integral part of risk management. Effective April 1, 2013 performance fees are no longer applicable. Historical returns have been adjusted to reflect this. AUM is not provided.