The Celernus Balanced Income Fund's (CBIF) investment objective is to generate positive absolute returns with an emphasis on capital preservation and low correlation to traditional equity and fixed income markets.

CBIF seeks to meet its investment objective by investing long and short in public and privately issued bonds, debentures, convertible debentures, other debt vehicles, income producing equities and related options. CBIF may from time to time invest in other securities such as money market instruments, or derivatives.