The document is a Form ADV Part 2A from iCapital Advisors, LLC, discussing various investment strategies and associated risks. It highlights the investment in American, European, and Global Depositary Receipts (ADRs, EDRs, GDRs) and the risks involved, such as political, economic, and foreign exchange risks. The document also covers investments in emerging markets, detailing the volatility and risks due to political and economic instability. Additionally, it discusses the impact of foreign currency fluctuations on fund investments.
documents/EFTA01390696.pdf
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