The investment seeks positive absolute returns.
The fund invests globally across a wide range of asset classes, including equities, fixed income, currencies and commodities, and may take both "long" and "short" positions in each of the asset classes or Instruments. The advisor has the flexibility to shift its allocation across asset classes and markets around the world, including emerging markets, based on the Adviser's assessment of their relative attractiveness. The fund is non-diversified.
The investment seeks absolute return with low correlation to stocks and bonds.
Under normal market conditions, the fund pursues its investment objective by investing in a diverse group of return drivers, each a type of risk premium (collectively, "risk premia"), across equity, fixed income, commodity, and currency asset classes. Risk premia refers to the return that is expected for assuming a particular market risk. It employs a proprietary multi-factor process to allocate the fund's assets across the various risk premia.