This document is a tax summary for prospective investors in the Access Fund and Underlying Fund, expected to be treated as partnerships for U.S. federal income tax purposes. It outlines potential tax consequences and advises investors to consult their own tax advisors. The document discusses the possibility of the Funds being treated as corporations if they fail to qualify as partnerships, which would result in different tax implications.
doj/DataSet10/EFTA01386595.pdf
{"document_type":"financial","document_subtype":"tax summary","key_organizations":["Southern Financial LLC","Access Fund","Underlying Fund"],"reference_numbers":["GLDUS238"]}