The document provides important information about the Access Fund, highlighting the risks and characteristics of alternative investments. It emphasizes that historical returns do not account for fees and expenses, which would lower net returns. Benchmarks and indices are for reference only and may not be suitable for direct investment. The document outlines the speculative nature and high risks of alternative investments, including potential loss, lack of liquidity, and higher fees. It also clarifies the limited rights of purchasers in the Access Fund compared to the Underlying Fund. iCapital Advisors, LLC is mentioned as a registered investment adviser.
documents/EFTA01390932.pdf
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