Beta Hedged Strategies Fund is an open-end mutual fund combining the key attributes of alternative investment strategies with the appealing shareholder features of a mutual fund. The Fund is designed for moderate market exposure and volatility, and may play an important role in portfolio diversification.

Beta Hedged Strategies Fund seeks capital growth by engaging in a variety of hedging and arbitrage strategies, designed to produce moderate correlation to traditional equity market indices. The Fund allocates assets among a group of specialized hedge fund managers, who serve as its sub-advisors. The Fund seeks to achieve superior risk adjusted returns in both bull and bear markets.