Description

This fund operates as a "fund of funds," striving to achieve its financial objectives primarily by allocating capital under typical market conditions to a diverse selection of constituent funds. These underlying portfolios are those for which the Investment Manager or an associated firm functions as the investment advisor or principal underwriter. Furthermore, the fund holds the flexibility to deploy up to 20% of its net assets into a wider range of alternative investments, such as externally managed (unaffiliated) funds, exchange-traded funds (ETFs), individual equity securities, debt instruments, and various derivative contracts.