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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_EquitySecuritiesRiskMember" xml:lang="en-US">Equity Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_EquitySecuritiesRiskMember" xlink:to="lab_cik0001524115_EquitySecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_BondsAndOtherFixedIncomeSecuritiesMember" xlink:label="loc_cik0001524115_BondsAndOtherFixedIncomeSecuritiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_BondsAndOtherFixedIncomeSecuritiesMember" xml:lang="en-US">Bonds And Other Fixed Income Securities [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_BondsAndOtherFixedIncomeSecuritiesMember" xlink:to="lab_cik0001524115_BondsAndOtherFixedIncomeSecuritiesMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_ShortSalesMember" xlink:label="loc_cik0001524115_ShortSalesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_ShortSalesMember" xml:lang="en-US">Short Sales [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_ShortSalesMember" xlink:to="lab_cik0001524115_ShortSalesMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_MortgageBackedSecuritiesRiskMember" xlink:label="loc_cik0001524115_MortgageBackedSecuritiesRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_MortgageBackedSecuritiesRiskMember" xml:lang="en-US">Mortgage Backed Securities Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_MortgageBackedSecuritiesRiskMember" xlink:to="lab_cik0001524115_MortgageBackedSecuritiesRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_NonUSSecuritiesMember" xlink:label="loc_cik0001524115_NonUSSecuritiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_NonUSSecuritiesMember" xml:lang="en-US">Non US Securities [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_NonUSSecuritiesMember" xlink:to="lab_cik0001524115_NonUSSecuritiesMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_ForeignCurrencyTransactionsMember" xlink:label="loc_cik0001524115_ForeignCurrencyTransactionsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_ForeignCurrencyTransactionsMember" xml:lang="en-US">Foreign Currency Transactions [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_ForeignCurrencyTransactionsMember" xlink:to="lab_cik0001524115_ForeignCurrencyTransactionsMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_ConcentrationOfInvestmentsNonDiversifiedPortfoliosMember" xlink:label="loc_cik0001524115_ConcentrationOfInvestmentsNonDiversifiedPortfoliosMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_ConcentrationOfInvestmentsNonDiversifiedPortfoliosMember" xml:lang="en-US">Concentration Of Investments Non Diversified Portfolios [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_ConcentrationOfInvestmentsNonDiversifiedPortfoliosMember" xlink:to="lab_cik0001524115_ConcentrationOfInvestmentsNonDiversifiedPortfoliosMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_IndustryAndSectorFocusRiskMember" xlink:label="loc_cik0001524115_IndustryAndSectorFocusRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_IndustryAndSectorFocusRiskMember" xml:lang="en-US">Industry and Sector Focus Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_IndustryAndSectorFocusRiskMember" xlink:to="lab_cik0001524115_IndustryAndSectorFocusRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_SmallerCapitalizationIssuersMember" xlink:label="loc_cik0001524115_SmallerCapitalizationIssuersMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_SmallerCapitalizationIssuersMember" xml:lang="en-US">Smaller Capitalization Issuers [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_SmallerCapitalizationIssuersMember" xlink:to="lab_cik0001524115_SmallerCapitalizationIssuersMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_DistressedSecuritiesMember" xlink:label="loc_cik0001524115_DistressedSecuritiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_DistressedSecuritiesMember" xml:lang="en-US">Distressed Securities [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_DistressedSecuritiesMember" xlink:to="lab_cik0001524115_DistressedSecuritiesMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_NonDiversifiedStatusMember" xlink:label="loc_cik0001524115_NonDiversifiedStatusMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_NonDiversifiedStatusMember" xml:lang="en-US">Non Diversified Status [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_NonDiversifiedStatusMember" xlink:to="lab_cik0001524115_NonDiversifiedStatusMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_LeverageMember" xlink:label="loc_cik0001524115_LeverageMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_LeverageMember" xml:lang="en-US">Leverage [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_LeverageMember" xlink:to="lab_cik0001524115_LeverageMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_RepurchaseAndReverseRepurchaseAgreementsMember" xlink:label="loc_cik0001524115_RepurchaseAndReverseRepurchaseAgreementsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_RepurchaseAndReverseRepurchaseAgreementsMember" xml:lang="en-US">Repurchase And Reverse Repurchase Agreements [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_RepurchaseAndReverseRepurchaseAgreementsMember" xlink:to="lab_cik0001524115_RepurchaseAndReverseRepurchaseAgreementsMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_PurchasingInitialPublicOfferingsMember" xlink:label="loc_cik0001524115_PurchasingInitialPublicOfferingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_PurchasingInitialPublicOfferingsMember" xml:lang="en-US">Purchasing Initial Public Offerings [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_PurchasingInitialPublicOfferingsMember" xlink:to="lab_cik0001524115_PurchasingInitialPublicOfferingsMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_DerivativesMember" xlink:label="loc_cik0001524115_DerivativesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_DerivativesMember" xml:lang="en-US">Derivatives [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_DerivativesMember" xlink:to="lab_cik0001524115_DerivativesMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_OptionsAndFuturesMember" xlink:label="loc_cik0001524115_OptionsAndFuturesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_OptionsAndFuturesMember" xml:lang="en-US">Options And Futures [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_OptionsAndFuturesMember" xlink:to="lab_cik0001524115_OptionsAndFuturesMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_CallAndPutOptionsOnSecuritiesIndicesMember" xlink:label="loc_cik0001524115_CallAndPutOptionsOnSecuritiesIndicesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_CallAndPutOptionsOnSecuritiesIndicesMember" xml:lang="en-US">Call And Put Options On Securities Indices [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_CallAndPutOptionsOnSecuritiesIndicesMember" xlink:to="lab_cik0001524115_CallAndPutOptionsOnSecuritiesIndicesMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_WarrantsAndRightsMember" xlink:label="loc_cik0001524115_WarrantsAndRightsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_WarrantsAndRightsMember" xml:lang="en-US">Warrants And Rights [Member]</link:label>
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          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_SwapAgreementsMember" xlink:label="loc_cik0001524115_SwapAgreementsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_SwapAgreementsMember" xml:lang="en-US">Swap Agreements [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_SwapAgreementsMember" xlink:to="lab_cik0001524115_SwapAgreementsMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_StructuredNoteRiskMember" xlink:label="loc_cik0001524115_StructuredNoteRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_StructuredNoteRiskMember" xml:lang="en-US">Structured Note Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_StructuredNoteRiskMember" xlink:to="lab_cik0001524115_StructuredNoteRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_RegisteredInvestmentCompanySecuritiesMember" xlink:label="loc_cik0001524115_RegisteredInvestmentCompanySecuritiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_RegisteredInvestmentCompanySecuritiesMember" xml:lang="en-US">Registered Investment Company Securities [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_RegisteredInvestmentCompanySecuritiesMember" xlink:to="lab_cik0001524115_RegisteredInvestmentCompanySecuritiesMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_ExchangeTradedFundsETFsMember" xlink:label="loc_cik0001524115_ExchangeTradedFundsETFsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_ExchangeTradedFundsETFsMember" xml:lang="en-US">ExchangeTraded Funds ETFs [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_ExchangeTradedFundsETFsMember" xlink:to="lab_cik0001524115_ExchangeTradedFundsETFsMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_LendingPortfolioSecuritiesMember" xlink:label="loc_cik0001524115_LendingPortfolioSecuritiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_LendingPortfolioSecuritiesMember" xml:lang="en-US">Lending Portfolio Securities [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_LendingPortfolioSecuritiesMember" xlink:to="lab_cik0001524115_LendingPortfolioSecuritiesMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_WhenIssuedAndForwardCommitmentSecuritiesMember" xlink:label="loc_cik0001524115_WhenIssuedAndForwardCommitmentSecuritiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_WhenIssuedAndForwardCommitmentSecuritiesMember" xml:lang="en-US">When Issued And Forward Commitment Securities [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_WhenIssuedAndForwardCommitmentSecuritiesMember" xlink:to="lab_cik0001524115_WhenIssuedAndForwardCommitmentSecuritiesMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_CounterpartyCreditRiskMember" xlink:label="loc_cik0001524115_CounterpartyCreditRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_CounterpartyCreditRiskMember" xml:lang="en-US">Counterparty Credit Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_CounterpartyCreditRiskMember" xlink:to="lab_cik0001524115_CounterpartyCreditRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_RestrictedAndIlliquidInvestmentsMember" xlink:label="loc_cik0001524115_RestrictedAndIlliquidInvestmentsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_RestrictedAndIlliquidInvestmentsMember" xml:lang="en-US">Restricted And Illiquid Investments [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_RestrictedAndIlliquidInvestmentsMember" xlink:to="lab_cik0001524115_RestrictedAndIlliquidInvestmentsMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_RisksOfFundOfHedgeFundsStructureMember" xlink:label="loc_cik0001524115_RisksOfFundOfHedgeFundsStructureMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_RisksOfFundOfHedgeFundsStructureMember" xml:lang="en-US">Risks Of Fund Of Hedge Funds Structure [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_RisksOfFundOfHedgeFundsStructureMember" xlink:to="lab_cik0001524115_RisksOfFundOfHedgeFundsStructureMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_PoliticalAndExchangeRisksMember" xlink:label="loc_cik0001524115_PoliticalAndExchangeRisksMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_PoliticalAndExchangeRisksMember" xml:lang="en-US">Political And Exchange Risks [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_PoliticalAndExchangeRisksMember" xlink:to="lab_cik0001524115_PoliticalAndExchangeRisksMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_SettlementRiskMember" xlink:label="loc_cik0001524115_SettlementRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_SettlementRiskMember" xml:lang="en-US">Settlement Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_SettlementRiskMember" xlink:to="lab_cik0001524115_SettlementRiskMember" />
          <link:loc xlink:type="locator" xlink:href="cik0001524115-20260724.xsd#cik0001524115_OtherRisksMember" xlink:label="loc_cik0001524115_OtherRisksMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001524115_OtherRisksMember" xml:lang="en-US">Other Risks [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001524115_OtherRisksMember" xlink:to="lab_cik0001524115_OtherRisksMember" />
        </link:labelLink>
      </link:linkbase>
    </appinfo>
  </annotation>
  <import namespace="http://xbrl.sec.gov/cef/2026" schemaLocation="https://xbrl.sec.gov/cef/2026/cef-2026.xsd" />
  <import namespace="http://xbrl.sec.gov/cef-pre/2026" schemaLocation="https://xbrl.sec.gov/cef/2026/cef-2026_pre.xsd" />
  <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
  <import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
  <import namespace="http://www.xbrl.org/dtr/type/2024-01-31" schemaLocation="https://www.xbrl.org/dtr/type/2024-01-31/types.xsd" />
  <import namespace="http://xbrl.sec.gov/dei/2026" schemaLocation="https://xbrl.sec.gov/dei/2026/dei-2026.xsd" />
  <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
  <import namespace="http://www.xbrl.org/dtr/type/2020-01-21" schemaLocation="https://www.xbrl.org/dtr/type/2020-01-21/types.xsd" />
  <element name="MaximumRepurchaseFeeMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_MaximumRepurchaseFeeMember" substitutionGroup="xbrli:item" />
  <element name="InvestmentRelatedRisksMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_InvestmentRelatedRisksMember" substitutionGroup="xbrli:item" />
  <element name="InflationDeflationRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_InflationDeflationRiskMember" substitutionGroup="xbrli:item" />
  <element name="CovenantLiteObligationsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_CovenantLiteObligationsMember" substitutionGroup="xbrli:item" />
  <element name="HighlyVolatileMarketsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_HighlyVolatileMarketsMember" substitutionGroup="xbrli:item" />
  <element name="RisksOfSecuritiesActivitiesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_RisksOfSecuritiesActivitiesMember" substitutionGroup="xbrli:item" />
  <element name="InvestmentStyleRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_InvestmentStyleRiskMember" substitutionGroup="xbrli:item" />
  <element name="EquitySecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_EquitySecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="BondsAndOtherFixedIncomeSecuritiesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_BondsAndOtherFixedIncomeSecuritiesMember" substitutionGroup="xbrli:item" />
  <element name="ShortSalesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_ShortSalesMember" substitutionGroup="xbrli:item" />
  <element name="MortgageBackedSecuritiesRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_MortgageBackedSecuritiesRiskMember" substitutionGroup="xbrli:item" />
  <element name="NonUSSecuritiesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_NonUSSecuritiesMember" substitutionGroup="xbrli:item" />
  <element name="ForeignCurrencyTransactionsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_ForeignCurrencyTransactionsMember" substitutionGroup="xbrli:item" />
  <element name="ConcentrationOfInvestmentsNonDiversifiedPortfoliosMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_ConcentrationOfInvestmentsNonDiversifiedPortfoliosMember" substitutionGroup="xbrli:item" />
  <element name="IndustryAndSectorFocusRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_IndustryAndSectorFocusRiskMember" substitutionGroup="xbrli:item" />
  <element name="SmallerCapitalizationIssuersMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_SmallerCapitalizationIssuersMember" substitutionGroup="xbrli:item" />
  <element name="DistressedSecuritiesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_DistressedSecuritiesMember" substitutionGroup="xbrli:item" />
  <element name="NonDiversifiedStatusMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_NonDiversifiedStatusMember" substitutionGroup="xbrli:item" />
  <element name="LeverageMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_LeverageMember" substitutionGroup="xbrli:item" />
  <element name="RepurchaseAndReverseRepurchaseAgreementsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_RepurchaseAndReverseRepurchaseAgreementsMember" substitutionGroup="xbrli:item" />
  <element name="PurchasingInitialPublicOfferingsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_PurchasingInitialPublicOfferingsMember" substitutionGroup="xbrli:item" />
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  <element name="CallAndPutOptionsOnSecuritiesIndicesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_CallAndPutOptionsOnSecuritiesIndicesMember" substitutionGroup="xbrli:item" />
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  <element name="SettlementRiskMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="cik0001524115_SettlementRiskMember" substitutionGroup="xbrli:item" />
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</schema>
