Anlageziel

The Fund’s investment objective is to seek high total return. The Fund pursues its investment objective primarily by taking long and short positions in equity securities in markets throughout the world that the Investment Adviser believes exhibit substantial deviations from their fair value. In doing so, the Fund seeks to be near neutral in respect of its exposure to global equity markets. In other words, the Fund will seek to limit overall equity market risk and seek to profit from both increasing and decreasing prices in specific securities within those markets. The Fund may invest directly and indirectly in common and preferred stocks as well as other stock-related securities (such as convertible securities, depositary receipts, and equity real estate investment trusts (REITs) and income trusts) and may take such positions directly or indirectly (e.g., through its use of derivatives or through other collective investment schemes).