The fund aims for substantial capital appreciation over the long term. It achieves this by investing in a range of underlying funds, which may be affiliated or unaffiliated, and can include exchange-traded funds (ETFs). These underlying investments are specifically chosen for their focus on alternative or non-traditional asset classes and sophisticated strategies. Examples of these encompass international small-cap equities, emerging market stocks, commodities, market-neutral strategies (such as long/short), global real estate, natural resources, Treasury Inflation-Protected Securities (TIPS), global bonds, high-yield debt, bank loans, foreign currency trading, absolute return approaches, managed futures, arbitrage, tactical allocation, and emerging market debt.