The document discusses the investment strategies and associated risks of certain funds managed by iCapital Advisors, LLC, including investments in American Depositary Receipts (ADRs), European Depositary Receipts (EDRs), Global Depositary Receipts (GDRs), and securities in emerging markets. It highlights the risks of investing in non-U.S. securities, including political, economic, and foreign exchange risks, as well as the potential volatility and liquidity issues in emerging markets. The document also addresses the impact of foreign currency fluctuations on fund investments.
doj/DataSet10/EFTA01389170.pdf
{"title":"Form ADV Part 2A - iCapital Advisors, LLC","document_type":"financial","document_subtype":"investment advisory document","key_organizations":["iCapital Advisors, LLC","Georgetown University Endowment"],"reference_numbers":["DB-SDNY-0093523","SDNY_GM_00239707","EFTA01389170"]}