The prospectus states the Fund seeks, over time, absolute and risk-adjusted returns with low volatility and low-to-moderate correlation to global equity and fixed income markets, while preserving capital. It is a fund of hedge funds: the adviser allocates at least 80% of net assets to private hedge funds run by unaffiliated third-party managers across four strategy groups (Equity Hedge, Event Driven, Relative Value and Macro). At March 31, 2026 the Fund held 20 Portfolio Funds, the largest at 8.3% of net assets. Underlying managers may use leverage, short sales and derivatives without limits set by the Fund.