The primary objective of the fund is to provide investors with protection from declining markets as well as the opportunity to profit from both advancing as well as declining equity markets through a long-short equity investment strategy.
| Key Fund Details | |
|---|---|
| Inception | Jul-14 |
| Open to Investment | Yes |
| Size | 4.97M |
| Type | Long/Short Hedge |
| Currency | USD |
| Min Sub Size | $10000 |
| Min Add Sub | $5000 |
| Redemptions Fee | Declining Surrender Charge (DSC) |
|
Redemptions that occur within the period following initial investment will incur the following charges: 0-24 months 2% 25-36 months 1.5% 37-48 months 1.0% 49-60 months 0.5% Thereafter $50 processing fee. |
|
| NAV Frequency | monthly |
| Marshall Wace Eureka Fund | 27.03% |
| Renaissance Institutional Equities Fund | 19.20% |
| Brevan Howard Alpha Strategies Master Fund | 18.69% |
| Millennium Fund | 16.90% |
| Hudson Bay Fund | 16.51% |
| Type | Detail |
|---|---|
| Management and Administration | 1.75% and redemption fee (as per declining surrender above) |
| Redempton Fee | Declining Surrender Charge (DSC). Redemptions that occur within the period following initial investment will incur the following charges: |
| 0-24 months 2% | |
| 25-36 months 1.5% | |
| 37-48 months 1.0% | |
| 49-60 months 0.5% | |
| Thereafter $50 processing fee. |
