Summary

The Fund aims to achieve long-term positive absolute returns by investing in liquid futures using long/short strategies. The Fund seeks to achieve its investment objective primarily through its systematic momentum-based methodologies. As a consequence of the momentum-based investment strategy, the Fund’s exposure to various financial markets, such as but not limited to, equity, fixed income, foreign exchange and money markets indices, may change significantly over time and at times the Fund may not be exposed to any market risks other than money markets. The Fund is managed with a systematic approach that alters exposure to various financial markets primarily based on momentum signals over various time horizons. Thus, the Fund will take long positions in financial instruments that are expected to yield positive returns and short positions in financial instruments with negative return expectations. The Fund does not have an official benchmark.