Cybersecurity breaches may cause disruptions and impact each Fund's business operations, potentially resulting in financial losses; interference with each Fund's ability to calculate its NAV;
impediments to trading; the inability of each Fund, the adviser, and other service providers to transact business; violations of applicable
privacy and other laws; regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, or additional compliance costs;
as well
as the inadvertent release of confidential information.