Investment Objective
The Fund seeks to offer liquid, transparent and broadly diversified exposure to the risk and return characteristics of hedge funds. To achieve this exposure, the Fund allocates to a number of subfunds which are designed to replicate various hedge fund strategies using a largely quantitatively derived methodology. The underlying funds invest in a broad range of liquid instruments in seeking to replicate the risks typically taken by hedge funds. The exposures of the underlying funds are combined to create a portfolio with investment characteristics similar to the Credit Suisse Hedge Fund Index
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.7 | 0.2 | 0.2 | 0.8 | 0.5 | 0.5 | 0.5 | 1.0 | 0.9 | 1.0 | 0.3 | 0.4 | 0.2 | |
| 2022 | 0.6 | 0.7 | 0.7 | 0.1 | 0.9 | 0.2 | 0.1 | 0.1 | 0.0 | 0.3 | 0.7 | 0.4 | 0.4 |
