This document provides a summary of the expected U.S. federal income tax treatment for the Access Fund and the Underlying Fund, which are anticipated to be treated as partnerships for tax purposes. It outlines the potential tax implications for limited partners, including the possibility of being taxed on income not distributed as cash. The document also warns of the risks of the Funds being reclassified as corporations, which would result in different tax treatments. Prospective investors are advised to consult their own tax advisors.
documents/EFTA01390783.pdf
{}