Under typical market conditions, this fund primarily dedicates at least 80% of its total assets (including any leveraged capital) to equity securities. It achieves this exposure by taking both "long" and "short" positions, either through direct investments or indirectly via unaffiliated exchange-traded funds (ETFs) and mutual funds. Furthermore, the fund has the discretion to strategically invest in inverse funds, which are tied to equity markets or specific indices.
