Description

The primary objective of this fund is to achieve substantial capital growth over the long term. It aims to accomplish this by utilizing both long and short investment strategies within global securities markets. Its core long investments primarily consist of common and preferred equities, alongside a diverse array of pooled investment vehicles such as domestic and international mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts. Notably, the fund possesses the flexibility to allocate up to 100% of its net assets to fixed income securities of any maturity or credit quality – including unrated and high-yield bonds – as well as various cash equivalent instruments.