Description

The fund pursues an adaptive investment approach, seeking over time to generate a total return superior to that of the general U.S. stock market. This is accomplished by strategically allocating capital across a wide spectrum of asset classes and market segments, with decisions informed by SIMC's assessment of potential risks and rewards. The portfolio has the flexibility to invest in diverse equity instruments, including ordinary and preference shares, exchangeable securities, various types of warrants (such as equity-linked), and depositary receipts. These holdings can originate from both domestic and international entities, including those in developing economies, spanning a wide range of company sizes and industrial sectors.