PRAE seeks capital growth by rotating its investments between various growth segments. The fund invests in US and foreign equity ETFs, stocks, and alternative investments such as commodities, currencies, equity index futures, and other derivatives. The fund toggles its investments among outperforming growth market segments based on a proprietary methodology that analyzes upside or downside trends, momentum, and market valuation. Allocation to equity market segments and other growth markets are adjusted depending on the trend of a particular market. To preserve capital, the fund takes long positions in market uptrends and goes short in market downturns using equity index futures, interest rate futures, commodity equities and currency futures. The funds strategy is designed to have low correlation to equity markets with similar or less volatility.