The fund's Investment Adviser is of the opinion that a significant portion of hedge fund gains arises from their sensitivity to various market risks, along with their implementation of distinct "Trading Strategies." These strategies typically involve taking both long and short positions across broad market sectors, individual stocks, or curated collections of securities. To replicate the risk and return patterns found in specific hedge fund sub-strategies, the fund employs an adaptive investment framework. This framework is designed to ascertain the optimal allocation to different market exposures and trading approaches.
