Ticker |
HFLEX |
Fund Type |
Closed-End Interval Fund |
Share Class |
Class I |
Inception Date |
7/1/2023 |
Predecessor Fund Inception Date |
7/1/2017 |
Minimum Investment |
$25,000 |
Gross Expense Ratio* |
6.93% |
Net Expense Ratio* |
6.85% |
*As of 3/31/2024 |
The Investment Adviser has agreed to waive fees that it would otherwise have been paid, and/or to assume expenses of the Fund (a "Waiver"), in the amount necessary to ensure that
Total Annual Expenses of the Fund (excluding any taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-2), expenses incurred
in connection with any merger or reorganization, and extraordinary expenses, such as litigation expenses) do not exceed 1.70% of the average daily net assets of Class I Shares for an initial term ending 7/1/2024.