The Fund’s investment objective is to seek total return measured in U.S. Dollars.
The Fund seeks to generate returns by (i) investing in individual securities,
normally focusing on equity securities of companies in developed and emerging
markets, and (ii) using a tactical asset allocation overlay primarily using
derivative instruments to seek to decrease the volatility of the Fund's returns by
reducing the Fund's exposure to the equity and/or currency markets associated
with the investments held in the Fund's portfolio and also to potentially expose
the Fund to asset classes and/or markets in which the Fund has little or no
exposure (e.g., high income debt instruments). In addition, the fund may seek to
limit its exposure to certain extreme market events.