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, such as loss of investment, lack of liquidity, volatility, and complex tax structures. It also clarifies the relationship between purchasers of interests and the Access Fund, stating that purchasers will not have direct interests or voting rights in the Underlying Fund.
doj/DataSet10/EFTA01389928.pdf
{"document_type":"financial","document_subtype":"investment information","key_organizations":["iCapital Advisors, LLC","Institutional Capital Network, Inc.","U.S. Securities and Exchange Commission"],"reference_numbers":["DB-SDNY-0094294","SDNY_GM_00240478","EFTA01389928"]}