BDYN

BDYN seeks to maximize returns and manage risk through a globally diversified strategy that primarily focuses on equity securities and equity-related derivatives. The strategy aims to diversify investments across various markets, industries, and issuers by focusing on long-term trends and changes. Security selection considers economic growth, natural resources, capital reinvestment, and social-political conditions. The fund maintains a globally diversified portfolio across developed, emerging, and frontier markets, investing in stocks, fixed-income securities, ADRs, convertibles, cash, and REITs. The funds strategies may include short selling, and derivatives like options, futures, swaps, CDS, and forward currency contracts. Holdings may also include securities linked to real estate and precious metals, and up to 25% to a Cayman Islands subsidiary that invests in commodity-linked instruments.