What rate of return will the Fund yield?
The Fund does not have a fixed rate of return. The rate of return will vary with market conditions as well as the composition of the Fund’s portfolio. The Fund’s portfolio manager will, however, seek to achieve as high a return as possible consistent with preservation of capital. Investors should realize that because the Fund has a continuously managed portfolio, it will have operating expenses, including a management fee. These expenses are deducted from the gross income of the Fund’s portfolio in determining the dividend rate declared daily and paid monthly.
