The document provides important information about the Access Fund, highlighting the risks and characteristics of alternative investments. It emphasizes that historical returns do not include fees and expenses, and benchmarks are for illustrative purposes only. The document outlines the risks associated with alternative investments, including potential loss, lack of liquidity, volatility, and higher fees. It also clarifies the relationship between purchasers of interests in the Access Fund and the Underlying Fund, noting the lack of direct interest or control in the Underlying Fund.
doj/DataSet10/EFTA01392553.pdf
{"key_people":["Patrick Gerschel"],"document_type":"financial","document_subtype":"investment information","key_organizations":["Access Fund","iCapital Advisors, LLC","Institutional Capital Network, Inc.","iCapital Network"],"reference_numbers":["DB-SDNY-0097796","SDNY_GM_00243980","EFTA01392553"]}