Investment Objective
The Fund’s investment objective is to achieve long-term capital appreciation. As noted in the Prospectus, the Investment Manager's approach to managing the Fund involves creating a 75/25 blend based on the Fund’s net assets, of (i) the Investment Manager’s Long Volatility Strategy; and (ii) its Short Volatility Strategy. Depending on the level of volatility in the market, the Fund will gain exposure to different portfolio constituents in differing amounts or levels in order to generate long-term capital appreciation from price changes involving instruments that track volatility levels.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.3 | 0.5 | 0.7 | 0.5 | 0.9 | 0.7 | 0.0 | 0.6 | 0.3 | 0.3 | 0.0 | 1.0 | 0.9 | |
| 2022 | 0.9 | 0.2 | 0.1 | 0.1 | 0.8 | 0.4 | 0.4 | 0.2 | 0.9 | 0.6 | 0.9 | 0.9 | 0.7 |
