Will investors be able to get 100% of capital out every quarter? If not, when will investors receive 100% of their investment back if seeking to redeem?
Up to 5% of the fund’s total assets can be redeemed every quarter. If cumulative redemption requests are under 5% of total fund assets, investors would receive 100% of their requested amount. If cumulative redemption requests are over 5% of total fund assets, investors would receive a pro-rata portion of their requested amount, depending on the redemption demand of other investors.