| Investment Objective: |
The Fund seeks to meet its objective by employing a "long/short" strategy that is informed by the principles of the "Fourth Turning" generational theory, which points to an emerging era of social, political, and economic upheaval that reset norms and present unique opportunities and risks. The Adviser identifies investment themes expected to dominate during such a transformative period including heightened macro volatility, regime shifts in policy, demographic transitions, rising populism, and the restructuring of global institutions. The Fund maintains, under normal market conditions, notional exposure of up to approximately 150% of its net assets to long positions (i.e., investments expected to benefit from Fourth Turning tailwinds, such as real assets, defense, infrastructure, commodities, and companies aligned with reshoring, security, and generational investment themes). Maintain up to 150% of net assets in long positions and up to 50% in short positions via direct securities, swaps, ETFs, options, futures or other derivative instruments. Actively vary exposure across U.S. equities, fixed income, commodities, currencies, and, to a limited extent (up to 20%) international securities to maximize inflation-adjusted returns and diversification. |
