The Calypso Fund is a versatile investment fund designed to grow its value by holding a diversified portfolio that includes up to 90% in stocks and similar securities, 100% in bonds and debt instruments, and 100% in short-term cash deposits. Additionally, the fund invests in alternative assets and may include positions in other investment funds or use derivative instruments. This flexible approach allows the Calypso Fund to continuously adjust its asset allocations to manage risk and seek growth opportunities.