The Offering Memorandum states the objective is maximum capital appreciation. The Fund invests at least 80% of assets in private and public Innovation Companies in technology and related sectors, targeting about 50/50 between a Private Sleeve (direct and secondary venture investments, expected to focus on mid- to late-stage) and a Publicly-Traded Sleeve, plus about 10% cash. The public sleeve may use short sales, total return swaps and options, and the Fund may borrow up to 33 1/3% of total assets. The Memorandum places no limit on concentration by company or sector and describes the program as speculative.