The investment seeks to achieve long-term capital appreciation by pursuing positive absolute returns across market cycles. The fund uses a “multi-manager” approach whereby the fund’s assets are allocated amongst the Investment Manager and one or more sub-advisers (each, a “Sub-Adviser” and together, the “Sub-Advisers”), in percentages determined at the discretion of the Investment Manager. The Investment Manager and Sub-Advisers implement both fundamentally and technically driven strategies. The allocation among these strategies will vary over time in response to changing market opportunities. The fund is non-diversified.