The investment seeks to achieve long term capital appreciation while maintaining a low sensitivity to equity markets primarily by allocating capital across a number of investment funds, managed by third-party investment managers, that employ a variety of alternative investment strategies and are commonly known as “hedge funds”. Under normal market conditions, the fund will invest at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in Alternative funds and Direct Investments. The fund is non-diversified.