The overall investment objective is to deliver investors in the Entity long-term capital appreciation of the value of their Shares.
The Investment Manager has full discretion to invest all or a substantial part of the Entity’s assets in a variety of financial instruments, including but not limited to equities, ETFs, bonds and derivative instruments, including options and futures, swap contracts, forward contracts, currencies and currency forward contracts, crypto currencies, repurchase agreements, as well as listed and over-the-counter stocks and derivative instruments (including credit derivatives) and shares in other investment vehicles. Additionally, the Investment Manager can invest in other private funds, private equity deals, provide short and mid-term private financing.
Assets may, to the extent deemed appropriate by the Investment Manager, be retained in deposit, call or current account or invested in short-term instruments such as commercial paper.
The Investment Manager may engage in investment strategies in which the degree of leverage is not limited to any predefined level. The Investment Manager may undertake short-term and long-terms borrowings which may be secured by the assets of the Entity.
The foregoing description of the Entity’s investment strategy represents the Investment Manager’s present intentions in view of current market conditions and other factors. The Investment Manager may vary the foregoing investment objectives and guidelines to the extent it determines that doing so will be in the best interests of investors and in doing so, will not be bound by any pre-determined investment restrictions.