The Memorandum states the Fund invests primarily in pooled vehicles (private funds, mutual funds, ETFs) managed by unaffiliated managers, plus direct securities and derivatives, with at least 80% of assets in investments expected to generate income across fixed income, equity and absolute return strategies. Its stated objective had been positive returns over market cycles, mostly from income, while preserving real purchasing power. Since 9/18/2024 the Fund has been in liquidation under a Board-approved Plan: it makes no new investments, holds proceeds in a government money market fund (87.20% of net assets at 6/30/2026) and distributes cash pro rata as its last two private fund positions are realized.