Yes, I certainly believe ..... that the managers running this fund have no clue as how to prevent the loss of principle given the current market climate. I owned over $50K of this fund as late as November 2007. I dumped a bunch (luckily) in mid November 2007, and with the 86% liquidation allocated this week I'm down to an invested position of just under $3K. I've owned this fund since the beginning of 2006 and overall I'm probably around a break even position. It could have been much worse but I'm still not happy. I really feel for the many individuals who had 100's of thousands or more invested in this dog. I guess I learned a cheap lesson, and I will never again take on an investment that has potential downside and limited liquidity.