IQDAX

The investment seeks to generate positive absolute returns. The fund pursues its investment objective by aiming to provide exposure to several strategies often referred to as "alternative" or "absolute return" strategies. Absolute return strategies seek to produce positive performance in both positive and negative environments for equities, fixed income, and credit markets. Utilizing a diversified portfolio of instruments, it seeks exposure to the following strategies: Volatility, Equity Long/Short, Relative Value and Global Macro. The fund may invest up to 25% of its total assets in a subsidiary.