The fund seeks primarily capital appreciation in the long term and secondarily reduced volatility by investing in companies across any size in the United States.

The fund manages assets with the help of three sub-advisers namely Billings Capital Management LLC, Kettle Hill Capital Management, LLC, and First Quadrant LP.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The sub-advisers’ investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests in long or short positions in equity securities of domestic and foreign companies.

Billings Capital Management seeks to capitalize on opportunities through concentrated positions in mispriced securities, and looks to maximize absolute returns.

Kettle Hill Capital Management focuses on generating superior absolute returns over the investment cycle.

First Quadrant strategy is designed to capture the broad characteristics of the equity market and profit from identifying and exploiting changing market themes.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund invests in securities of issuers without restriction as to capitalization or country, including emerging markets.

Also, the fund invests in convertible debt securities of any maturity or credit quality, including those known as junk bonds.

Additionally, the fund may invest a portion of its assets in private placement offerings which may be illiquid.

The fund primarily seeks capital appreciation and secondarily managing volatility by investing in companies in the United States.

The fund manages assets with the help of four sub-advisers namely Graham Capital Management, L.P., Millburn Ridgefield Corporation, Revolution Capital Management, LLC, and Nuveen Asset Management, LLC.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The sub-advisers’ investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team allocates the fund’s net assets utilizing two principal strategies, such as the Managed Futures Strategy and Fixed Income Strategy.

The Managed Futures strategy is designed to produce capital appreciation by capturing returns related to the commodity and financial markets by investing long or short in futures, forwards, options, spot contracts, or swaps.

The Fixed Income strategy is designed to generate interest income and preserve principal by investing primarily in investment grade securities.

Graham Capital Management focuses on long and short positions in the global futures and foreign exchange markets that produce attractive absolute and risk-adjusted returns.

Millburn Ridgefield invests in a diversified portfolio of futures, forward and spot contracts on currencies, interest rate instruments, stock indices, metals, energy and agricultural commodities.

Revolution Capital Management seeks to provide superior risk-adjusted returns while maintaining low correlations both to traditional equity and bond investments.

Nuveen selects individual securities that demonstrate above peer-group estimated yield, potential for capital preservation or appreciation.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks primarily capital appreciation and secondarily managing volatility by investing in companies in the United States.

The fund manages assets with the help of two sub-advisers namely Graham Capital Management, L.P., and Nuveen Asset Management, LLC.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The sub-advisers’ investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team allocates the fund’s net assets utilizing two principal strategies, such as the Market Trend Strategy and Fixed Income Strategy.

The Market Trend strategy is a macro-oriented quantitative strategy that employs various investment techniques to select long and short positions in the global futures and foreign exchange markets.

The Fixed Income strategy is designed to generate interest income and preserve principal by investing primarily in investment grade securities.

Graham Capital Management focuses on long and short positions in the global futures and foreign exchange markets that produce attractive absolute and risk-adjusted returns.

Nuveen selects individual securities that demonstrate above peer-group estimated yield, potential for capital preservation or appreciation.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund will allocate approximately 25% of its net assets to the Market Trend strategy and approximately 75% of its net assets to the Fixed Income strategy.