K2 Alternative Strategies Fund - Class R is a mutual fund that primarily focuses on providing investors with exposure to a diverse array of alternative investment strategies. The fund's main purpose is to pursue capital appreciation by allocating its assets across multiple non-traditional investment strategies, including, but not limited to, hedge-fund-like approaches and other alternatives to conventional stock and bond investments. This multi-strategy approach aims to deliver risk-adjusted returns that are less correlated with traditional equity and fixed income markets, potentially enhancing diversification within a broader investment portfolio. Notable features include its benchmarking against both the BofA Merrill Lynch US 3-Month Treasury Bill Index and the HFRX Global Hedge Fund Index, reflecting its focus on capturing alternative risk premiums and absolute return potential. With total assets of approximately $523 million and an expense ratio reflecting the complexity of active management, K2 Alternative Strategies Fund - Class R serves institutional and individual investors seeking to complement their core holdings with diversified alternative exposures, providing access to sophisticated investment techniques typically found in hedge funds.
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