The fundamental investment objective of the Fund is to earn equity-like returns, while investing in assets and strategies that are not highly correlated to equity capital markets. The Fund primarily invests in private operating entities wherein generally the intent is for a Fund representative to be actively involved in the management of the issuer or a specific project that the Fund is investing. Some types of investments include, but are not limited to real property and/or securities related to real property, private equity investments and funds as deemed appropriate by the Manager. The Fund will have exposure to both U.S. and Canadian Dollars. The Fund may also invest in other products, also denominated in U.S. or Canadian Dollars, where the investment objective is substantially similar to the Fund’s objective.