The investment objective of the NDC Unicorn Fund is to invest its assets primarily in the Derivative Arbitrage Fund L.P., a Bermuda exempted Limited Partnership formed pursuant to a Limited Partnership Agreement dated 4, June 1997.

The management style of the Derivative Arbitrage Fund L.P. can be summarized as being more regional than global, more quantitative than qualitative, more focused on absolute return rather than relative return and its approach as more short-term rather than long-term. Furthermore, its investment objective is based more on multi-strategy as opposed to single strategy and makes use of more arbitrage rather than outright investment. The Fund uses both top-down and bottom-up strategies in equal proportion.

All shares redeemed on 25 January, 2013, and voluntarily delisted effective 28 February, 2013.