The Stone Ridge U.S. Hedged Equity Fund Class I aims to achieve long-term growth in the value of its investments. The fund's strategy predominantly involves earning money from premiums by selling put options on equity indices, ensuring these options are fully backed by assets. Under typical market circumstances, a significant portion—at least 80% of the fund's net assets (including any capital acquired through borrowing for investment)—will be dedicated to these written put options on U.S. stocks. To cover the necessary collateral and margin requirements for its option trading activities, the fund invests in U.S. Treasury securities, usually those with remaining maturities of a year or less.