Home / Offering Memorandum / RISK FACTORS AND INVESTMENT CONSIDERATIONS / Underlying Funds

18.42. Underlying Funds

A Funds of Funds investment renders the investing Investment Compartment dependent on the investment results and liquidity conditions of the underlying investment funds. Existing or prospective Investors should be aware that the investing Investment Compartment is subject to the liquidity management measures applied and the investment results, positive or negative, achieved by the underlying investment funds.