The prospectus states the Fund seeks long-term capital appreciation by pursuing positive absolute returns across market cycles. It invests mainly through Underlying Funds (mutual funds, ETFs, interval and tender offer funds, and private funds) across private equity, private credit, private real estate, hedge funds, hedged equity, real assets and short duration fixed income, and may co-invest alongside them. Allocations vary with market conditions and no targets are set. Up to 15% of net assets may sit in Treasuries and short-term bonds for liquidity. The Fund may borrow up to 33 1/3% of assets through secured credit facilities, may sell short and use derivatives, and selects managers through a six-step due diligence process.