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The fund will invest in at least 2 or more domestic or foreign mutual funds, infrastructure funds, and property funds averaging at least 80% of NAV. The investment policies of these master funds focus on equities, fixed income, alternative investments, and/or other securities and assets as permitted by the SEC. Investment in any single master fund will not exceed 79% of NAV; portfolio weightings can be adjusted to fit the investment climate as necessary. The fund may also invest in other mutual funds, property funds, real-estate investment trusts (REITs), and infrastructure funds under management of KTAM up to no more than 100% of NAV.
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